Financial Times

The Financial Times reports that plans to avert job losses will be the focus of Chancellor Rishi Sunak’s economic statement next week, with MPs told not to expect big tax cuts.

Boris Johnson has condemned Beijing’s new security law for Hong Kong as a “serious breach” of the joint declaration, the Financial Times reports.

The Financial Times leads on China imposing a national security law on Hong Kong, a move which has been criticised by the US and European leaders.

The Financial Times reports that investment banking fees rocketed to a record $57bn in the first six months of the year, boosted by a series of lucrative debt sales during the coronavirus crisis. 

The Financial Times leads with a report about a shake-up of the civil service.

The Financial Times leads on the news that Wirecard has filed for insolvency proceedings – a week after disclosing that €1.9bn (£1.7bn) had gone missing.