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But the Financial Times reports that the bank also warned unemployment will remain high until at least the end of next year, adding that Chancellor Rishi Sunak is coming under pressure to extend the jobs furlough scheme. The paper’s lead story says Microsoft has shifted its focus to buying the whole of Chinese social media company TikTok, instead of just its US operation.

Financial Times Front Page 14th of June 2024

Labour leader Sir Keir Starmer has announced an £8.6 billion tax increase plan aimed at stimulating economic growth and addressing perceived mishandlings by the Conservative government, with significant focus on funding for the NHS and education and cracking down on tax avoidance.

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