Financial Times

On Monday, Rishi Sunak will invite union leaders to hold talks about the wave of industrial action, according to the Financial Times.

In eight sectors, including the NHS, the government has announced new anti-strike legislation.

Electric car company Tesla’s shares fell after its new vehicle deliveries failed to meet Wall Street expectations.

According to the FT’s lead story, the UK will face one of the worst recessions and weakest recoveries in the entire G7.

The FT reports that global stocks and bonds lost more than 30 trillion dollars in the worst year since the 2008 financial crisis.

Increasing interest rates and economic uncertainty contributed to a record drop in global deal-making in the second half of this year, according to the Financial Times.

FT reports that ExxonMobil has sued the EU over a windfall tax intended to cut energy bills by billions.

The Financial Times reports that China will remove COVID quarantine requirements for inbound travellers on 8 January.

China is battling 250 million Covid cases, with half of Beijing’s population infected, reports the Financial Times.