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Reaction to the Bank of England’s decision to raise interest rates to 5% is another big story across Friday’s front pages. In its lead, the Financial Times says the surprise hike is part of the central bank’s effort “to put a lid on inflation”. Prime Minister Rishi Sunak is quoted by the paper saying further tax cuts would have to be put on the “backburner”.

Financial Times Front Page 28th of June 2024

Kenya is experiencing unrest as police officers arrest a protester in Nairobi who called for the resignation of President William Ruto, following a day of nationwide protests demanding his departure and denouncing tax hikes and the increasing cost of living.

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