Financial Times Front Page 28th of March 2025
A billionaire intends to depart Britain in response to new tax measures targeting certain residents, prompting debate over the potential impact on high earners and the wider economy.
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The Financial Times reports on official figures that show Britain has collapsed into its largest recession on record after the coronavirus lockdown caused a 20.4% contraction between April and June. The UK economy suffered a bigger slump than any other major European economy in the second quarter, with Labour claiming the government’s handling of the pandemic had contributed to “the worst recession in Europe”. But there is reason to be hopeful, according to one expert quoted by the paper, who said although the quarterly numbers were bleak, figures from June – which showed output grew by 8.7% – suggested there was a “strong bounce in activity as the economy emerged from lockdown”.
Financial Times Front Page 27th of March 2025
A £14bn proposal aims to shore up public finances amid concerns over potential tax rises, further welfare cuts and Whitehall savings, while a looming trade standoff threatens to erode billions of fiscal headroom.
Financial Times Front Page 26th of March 2025
Rachel Reeves announces a £2.2bn uplift in defence spending, underpinned by promises of economic security and adjustments to foreign aid and welfare in order to tackle looming fiscal challenges.
Financial Times Front Page 25th of March 2025
Donald Trump has threatened nations purchasing Venezuelan oil with a 25% import tariff, fuelling global economic concerns and uncertainty in energy markets.