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The resignations from Boris Johnson’s government come after he admitted he knew of sexual misconduct allegations against MP Chris Pincher before promoting him to deputy chief whip. Tory MPs have also told the Financial Times the prime minister told them he was more likely to propose early tax cuts now that Mr Sunak had gone. The paper notes markets will be watching what the change in chancellor will mean for economic policy, including the possibility of a looser fiscal regime that could force the Bank of England to raise interest rates.

Financial Times Front Page 27th of November 2024

Amid rising concerns of an economic conflict, Mexico, Canada, and China have warned of potential damage following Trump’s announcement of punitive tariffs, which he argues are necessary for protecting US interests, drawing criticism from international trade partners who describe the move as irresponsible and foresee increased costs in sectors like petrol.

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