Financial Times

The Financial Times reports on research by King’s College London that only 11% of people who should be quarantining are doing so.

The Financial Times reports that Rishi Sunak has scrapped his autumn budget as he scrambled to roll out emergency schemes to prop up jobs and businesses as the economy heads towards a bleak Covid winter. 

The Financial Times leads on the prime minister’s new coronavirus restrictions and the economic implications of workers being told to work from home again.

Boris Johnson is under pressure from Chancellor Rishi Sunak and some Tory MPs to hold back from draconian new lockdown measures to prevent too much damage to the economy, the Financial Times writes.

The Financial Times says the chancellor, Rishi Sunak, is to extend the Treasury’s UK-wide programme of business support loans. 

The Financial Times leads with comments made by the new president of the European Commission, Ursula von der Leyen, about whether a post-Brexit trade deal between the EU and UK is likely. In an interview she said she was “still convinced it can be done”, the FT reports. The paper says it reflects an emerging strategy from the EU to keep trade talks alive while contesting the UK’s attempt to override part of the divorce deal.

The Financial Times says Boris Johnson climbed down over the Internal Market Bill, a controversial piece of Brexit legislation, to head off a Tory rebellion.

The Financial Times leads on the news that Hitachi is preparing to pull out of plans to build a nuclear power plant on Anglesey in Wales. The paper calls it a “severe blow to Britain’s struggling nuclear power programme” at a time when the UK is trying to cut carbon emissions to reach its “net zero” target by 2050. Hitachi’s exit could also hit UK plans to reduce reliance on China, the paper says.