Financial Times

The Financial Times leads on the mass sackings at P&O Ferries, with the Archbishop of Canterbury condemning its “unethical” decision. The ferry shipping company has been criticised for sacking hundreds of sailors without warning.

The FT leads on P&O halting ferry crossings and sacking 800 sailors via a Zoom call.

 Ukraine and Russia have made progress
on a tentative peace plan including a
ceasefire and Russian withdrawal if
Kyiv declares neutrality and accepts
limits on its armed forces, reports the Financial Times, citing people
briefed on the talks. 

The fresh sanctions against Russia are on the front of the Financial Times, which says the West has turned up the heat on oligarchs and the military.

 The US has told allies that China signalled its willingness to provide military assistance to Russia to support its invasion of Ukraine, The Financial Times reports.

The 35 people killed at the military base near Lviv represents the “most deadly attack on western Ukraine to date,” the FT reports.The paper says it underlines the risk that the war could spread beyond Ukraine.

More than half of Ukraine’s economy has shut down and infrastructure assets worth $100bn have been destroyed since Russia launched its invasion of the country, according to President Volodymyr Zelenskyy’s chief economic adviser.

Ukraine accused Russia of breaching a ceasefire and attacking a hospital in Mariupol, according to the Financial Times.