Financial Times

The Financial Times is leading on Joe Biden’s comments on the Capitol riot. He said the president had incited “domestic terrorists”. 

The Financial Times leads with the same story, saying Britain has been warned to prepare for a long haul out of the COVID-19 crisis, as the prime minster revealed one million people in England now had the virus.

The prime minister made a “sharp switch in position” when he ordered another national lockdown in England, the Financial Times says. 

The number of people in England’s hospitals for COVID-19 has risen by a third in a week, according to figures reported in the Financial Times.

The Financial Times reports that the UK is in a “very dangerous situation” in its battle against coronavirus, facing a “grim and depressing picture” of rising infections and deaths as millions were placed under tighter restrictions.

The Financial Times reports that investment banks across the world generated a record $124.5bn (£92.2bn) in fees this year as companies raced to raise money in order to survive the coronavirus pandemic.

The Financial Times says the EU and China are close to reaching a long-awaited business investment deal as Brussels seeks to boost opportunities for European companies to operate in the Chinese market.

France is set to open its border with the UK to drivers testing negative for coronavirus as 7,000 lorries wait to cross, the Financial Times reports.