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The Financial Times front page leads with a story on how the bond fund manager Pimco has warned that markets are too optimistic about central banks’ ability to “dodge a recession as they battle inflation in the US and Europe”. The company’s chief investment officer, Daniel Ivascyn, has said he is preparing for a “harder landing” than other investors, the paper writes.

Financial Times Front Page 10th of March 2025

In a crucial effort to secure renewed backing, the leadership intends to offer limited concessions and fortify ties with key partners overseas, underscoring a strategic pivot that emphasises continued alignment with the PM and the West while bolstering economic and diplomatic footing.

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