Financial Times Front Page 13th of August 2020

The Financial Times reports on official figures that show Britain has collapsed into its largest recession on record after the coronavirus lockdown caused a 20.4% contraction between April and June. The UK economy suffered a bigger slump than any other major European economy in the second quarter, with Labour claiming the government’s handling of the pandemic had contributed to “the worst recession in Europe”. But there is reason to be hopeful, according to one expert quoted by the paper, who said although the quarterly numbers were bleak, figures from June – which showed output grew by 8.7% – suggested there was a “strong bounce in activity as the economy emerged from lockdown”.

Financial Times Front Page 4th of February 2026

Police have opened a criminal inquiry into Lord Mandelson’s dealings with Jeffrey Epstein, examining claims sensitive information was shared while he held government roles. Mandelson has resigned from the Lords. Starmer called the conduct disgraceful and urged full co‑operation.

Financial Times Front Page 3rd of February 2026

Washington will reduce tariffs on Indian imports after Modi agreed to curb purchases of oil from a sanctioned state. The move seeks to deepen trade ties, pivot India’s energy sourcing towards Western partners, and restart wider market‑access talks.

Financial Times Front Page 2nd of February 2026

Emails reveal Peter Mandelson advised Jeffrey Epstein that JPMorgan should pressure the UK over the 2009 bankers’ bonus tax, urging contact with the chancellor. He says he sought to protect jobs and investment. Labour is under pressure to address the revelations.

Financial Times Front Page 31st of January 2026

Donald Trump nominated Kevin Warsh to lead the Fed, signalling a firmer stance on inflation. Markets backed the dollar and trimmed expectations of rapid rate cuts. US yields rose while gold fell as investors priced in steadier policy and renewed questions over central bank independence.