Financial Times

Chancellor Jeremy Hunt warns unions that high pay demands would harm Britain’s fight against inflation.

In redrawing the financial services rulebook, the chancellor will sweep aside some safeguards put in place to prevent a repeat of the 2008 crash.

Financial Times reports that China’s president is loosening COVID-19 restrictions amid growing evidence of economic damage.

A wave of walkouts is putting pressure on the PM to speed up “strike-busting” laws.

The FT reports that oil tanker traffic has formed off Turkey as sanctions limit the price of Russian oil to $60 a barrel.

The Financial Times reports that Russia has quietly accumulated a fleet of more than 100 ageing tankers to circumvent western oil sales restrictions.

According to the Financial Times, Blackstone has limited withdrawals from its real estate income trust after receiving too many redemption requests.

Twitter could be banned by the EU if it does not follow strict content moderation rules, and the US could investigate Elon Musk’s ownership.

One of the biggest restrictions on the banking sector is set to be loosened, according to the Financial Times.