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Boris Johnson was warned by the civil service in January that the government’s Brexit deal would leave Brussels able to claim jurisdiction over large amounts of UK state aid policy at the end of the transition period, the Financial Times Weekend reports. The PM is planning to override part of the Brexit withdrawal agreement. Meanwhile, the R number is as high as 1.7, the paper adds, with the pace of coronavirus infections across the UK returning to levels not seen since May. The number of positive cases is doubling every seven to eight days, according to analysis by Imperial College London and Ipsos Mori.

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.

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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.

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Financial Times Front Page 30th of January 2026

US immigration agencies under the Trump administration have awarded about $22bn in contracts since July, with Palantir and Deloitte among winners. ICE’s spending has doubled, and donor-linked Fisher Sand & Gravel has gained about $6bn. Deals cover tech, detention and logistics services.

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