Financial Times Front Page 19th of December 2024
Britain is experiencing increased borrowing costs as concerns over “stagflation” cause anxiety among gilt investors, with inflation rising to 2.6% and economic growth showing signs of slowing.
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The Financial Times leads on a story that Chinese companies will be shut out of Britain’s “floundering” nuclear energy programme. It says Business Secretary Kwasi Kwarteng wants to attract investors from the US, UK and elsewhere before existing reactors are retired in 2035. The paper reports that while Mr Kwarteng only referred to wanting to reduce “the UK’s reliance on overseas developers” Tory MPs believe the model will help him remove China’s GCN from future energy projects.
Financial Times Front Page 18th of December 2024
A Kremlin general involved with chemical weapons has been killed in a Moscow explosion, allegedly orchestrated by Kyiv operatives, amidst heightened tensions and previous warnings from Ukraine.
Financial Times Front Page 17th of December 2024
Businesses are reducing hiring efforts due to the impact of Budget-related tax increases, with the fastest decline in employment since 2021 as employers cite rising National Insurance contributions and diminished confidence.
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.