2023-06-24
Financial Times Front Page 24th of June 2023
In a pact brokered by Chancellor Jeremy Hunt, the Financial Times reveals banks are committing to a year-long hold on property repossessions.
In a pact brokered by Chancellor Jeremy Hunt, the Financial Times reveals banks are committing to a year-long hold on property repossessions.
The Financial Times has reported on the Bank of England’s measures to curb inflation by hiking interest rates to 5%.
The Financial Times points out the sustained inflation at 8.7% in May, piling pressure on the Bank of England for an interest rate rise up to half a percentage point.
Financial Times reports on Chancellor Jeremy Hunt’s intention to meet with banks to tackle the impending mortgage crisis, while ruling out fiscal support for households grappling with rising mortgages.
Financial Times announces certain mortgage rates exceeding 6%, intensifying worries for homeowners and pressure on the government.
Financial Times reports AstraZeneca’s strategy to operate in China amidst geopolitical tensions.
The Financial Times focuses on the partygate scandal, asserting that Boris Johnson repeatedly misled the House of Commons.
Rising mortgage rates and an intensifying cost of living crisis pile pressure on Rishi Sunak, as reported by the Financial Times.
The Financial Times anticipates MPs questioning Financial Conduct Authority executives about their handling of misconduct allegations against hedge fund manager Crispin Odey.