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The Financial Times leads with comments from the International Monetary Fund (IMF), which has said that most advanced economies that can borrow freely will not need to plan for austerity to restore the health of their public finances after the pandemic – a reversal of its advice a decade ago. However, Vitor Gaspar, head of fiscal policy at the fund, has told the paper that countries with only limited access to financial markets will need to be much more careful with their fiscal strategies.

Financial Times Front Page 16th of December 2024

A significant wave of stock defections has hit the London Stock Exchange, marked by companies moving their listings to the US, driven by the allure of larger capital markets and amid concerns over market reforms in the UK, leaving the LSE on track for its worst year since 2009.

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Financial Times Front Page 11th of December 2024

Investors are showing increased interest in high-yield financial products due to the resurgence in complex debt markets, which are experiencing their most rapid growth since the financial crisis, driven by innovative asset-backed deals like those involving chicken wings and songs.

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