2020-07-13
Financial Times Front Page 13th of July 2020
Boris Johnson’s proposal for state aid will anger Scotland and Wales, according to a report in the Financial Times.
Boris Johnson’s proposal for state aid will anger Scotland and Wales, according to a report in the Financial Times.
The Financial Times says UK government costs sank to record lows on Friday, underlining investors’ willingness to fund new economic stimulus measures.
The Financial Times reports on the news that Boots and John Lewis are set to cut more than 5,000 jobs in a fresh round of store closures.
The Financial Times leads with the chancellor’s scheme to revive the economy and points out that it will push borrowing past £350bn.
The Financial Times says Foreign Secretary Dominic Raab is coming under pressure to use Britain’s newly created sanctions system against Chinese officials and Hong Kong chief executive Carrie Lam.
The financial services company Wirecard has been “lossmaking” in Europe and the US for years, the Financial Times reports.
Britain is in talks to join a European Union plan to secure coronavirus vaccines after the US bought up almost the entire global supply of one drug proven to treat COVID-19, reports the 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.