World Business Report

Review of the year 2025 - from Tariffs to Labubus

Dec 25, 2025
Joe Tidy, BBC cyber security correspondent, dives deep into the troubling rise of high-impact cyber attacks in 2025. He shares firsthand experiences interacting with cybercriminals and highlights the significant economic consequences of these incidents. Tidy provides a chilling account of the complexities he faced while reporting on extortion attempts. The conversation also explores the rapid evolution of tariffs, with experts discussing their global economic impact and how innovative businesses adapted to the challenges of the year.
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INSIGHT

Tariff Turmoil Reshaped Trade Dynamics

  • 2025 was dominated by a rapid escalation of tariffs that changed trade flows and consumer prices.
  • Tariffs created complex, shifting impacts that experts say may fully reveal themselves only in the following year.
ANECDOTE

Reporter Became 'Tariff Correspondent'

  • Fleury Michelle called herself the "tariff correspondent" after covering endless tariff announcements in 2025.
  • She described noticing higher shop prices personally, like British teabags costing substantially more.
INSIGHT

AI Investment Fueled Market Optimism

  • Heavy investment in AI drove sky-high valuations for some tech companies despite supply and hardware constraints.
  • Investors bet on future productivity gains from AI even while questioning whether spending will pay off.
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