Click to Enlarge
Facebook
Twitter
Struggling banks on both sides of the Atlantic have scrambled to reassure investors following a flight of deposits sparked by the collapse of US bank SVB and concerns about the health of Swiss giant Credit Suisse, the Financial Times reports. The paper adds that Credit Suisse shares rose 19% – having earlier lost 30% – after it was confirmed that the Swiss central bank would provide a $54bn (£45bn) liquidity lifeline.

Financial Times Front Page 5th of February 2026

Security officials warn a hostile state’s spacecraft has intercepted European satellite signals, risking exposure of unencrypted command data vital to defence and infrastructure. The UK and allies are pushing rapid encryption upgrades and tighter space monitoring to protect networks.

Read More »

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.

Read More »

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.

Read More »