Ministers have insisted they will remain "cool and calm" as they seek to secure an economic deal to mitigate the damage to Britain.

David Lammy said people across the country were ‘very concerned’ about how the move to slap 10% import taxes on goods would hit their own finances.

Keir Starmer said he was keeping 'all options on the table' to protect the UK from being hammered by Donald Trump's trade tariffs, which will hit British businesses and consumers