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The Financial Times leads on comments from the governor of the Bank of England about persistent inflation in the UK economy. New data has shown wages are climbing in the public sector, which Andrew Bailey said indicates that inflation “is taking a lot longer than we expected” to come down. Traders expect the base interest rate to increase from 4.5% to 5.75%, the FT reports – which is bad news for people with mortgages.

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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