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The Financial Times reports a warning from the Bank of England that incomes in the UK face a “historic shock” this year. The paper says the bank’s governor Andrew Bailey said Russia’s invasion of Ukraine would exacerbate existing inflation and cost of living pressures, with the energy price rise expected to exceed any single year shock in the 1970s.

Financial Times Front Page 27th of December 2024

The Russian military has been accused of shooting down an Azerbaijani passenger aircraft, sparking controversy and tension as Western nations, including the UK and US, challenge Kremlin denials and highlight the incident’s potential breach of international security.

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Financial Times Front Page 23rd of December 2024

Nick Candy has pledged to help Reform UK disrupt the political landscape by supporting policies aimed at reducing the influence of established parties, with plans to introduce a law on fair donations and the backing of affluent supporters, positioning the party as a formidable force in upcoming elections.

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