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.

Kemi Badenoch, the International Trade Secretary, said US President Joe Biden’s green subsidies are protectionist – that’s on the front page of the Financial Times.