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Stubbornly high inflation in the UK is due to Brexit, according to the former Bank of England governor Mark Carney. He tells the Daily Telegraph: “There’s no joy in saying ‘well, we told you so’ because people are having to live with that reality.” Joe Root is pictured on the front page after he scored a century on the first day of the Ashes., prompting the headline “Root gets the Ashes burning”.

Daily Telegraph Front Page 9th of January 2025

The Treasury has intervened with extraordinary measures to stabilise the turbulent financial markets, addressing the impact of the recent Budget and the rising costs of national debt, in an effort to restore confidence and prevent economic destabilisation.

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