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The City of London’s top regulators are in the sights of Ms Truss if she becomes prime minister, according to the Financial Times. The paper says there would be an immediate review of their roles and responsibilities, including plans to merge the Financial Conduct Authority, Prudential Regulation Authority and Payments Systems Regulator into a new organisation. It quotes a financial services executive describing Truss’s overhaul plans as a “wider war on technocrats”. Ms Truss’s campaign declined to comment but a source said she would review the organisations.

Financial Times Front Page 4th of April 2026

A US fighter jet was downed over Iran, sparking a search for its two-person crew; one has been rescued. Iranian state-linked reports said local forces brought it down. The US president condemned the incident and urged raising defence spending to $1.5tn.

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Financial Times Front Page 3rd of April 2026

Starmer pivots towards closer EU alignment after Trump’s remarks strained trust. He seeks a defence and economic pact to bolster Western security and growth, prioritises a summer summit, aims to help reopen a key maritime strait, and signals he will resist US pressure where UK‑EU interests align.

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Financial Times Front Page 2nd of April 2026

Starmer sets a tilt to Brussels, seeking deeper UK‑EU cooperation on defence and the economy after Trump’s comments strained trust. He wants deals at a summer summit, coordination to secure key shipping lanes, and says Britain will resist US pressure where interests diverge.

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Financial Times Front Page 1st of April 2026

Brent crude rose past $119, heading for a record monthly jump, as Middle East tensions unsettled supply expectations. Markets faltered, with equities slipping and borrowing costs edging up. Washington urged partners to raise output while leaving the option of further action open.

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