Financial Times

The Financial Times leads on the prime minister’s statement on Thursday that a no-deal Brexit is now “a strong possibility”. The paper calls that prospect “bleak”.

The Financial Times reports that the Treasury is poised to demand that firms such as AirBnB and Uber impose VAT on their customers.

Brexit features on the front of the Financial Times, with the headline reading: “UK will break ranks with EU and ditch US tariffs over state subsidies.”

The Financial Times reports that Uber has abandoned its efforts to develop its own self-driving car and has instead put a stake in an autonomous vehicle start-up backed by Amazon.

The Financial Times says Brexit trade talks are on a knife edge, with competition rules providing a major obstacle.

COVID vaccinations beginning in the UK next week, after regulators gave the green light to the Pfizer/ BioNTech jab, leads the front of the Financial Times.

The Financial Times says the collapse of Debenhams “sends tremors” through traditional bricks and mortar retail.

Mortgage approvals hit their highest level since 2007 after a “mad stampede” to buy houses before the end of the stamp duty holiday, according to the Financial Times.