Click to Enlarge
The Financial Times reports on official figures that show Britain has collapsed into its largest recession on record after the coronavirus lockdown caused a 20.4% contraction between April and June. The UK economy suffered a bigger slump than any other major European economy in the second quarter, with Labour claiming the government’s handling of the pandemic had contributed to “the worst recession in Europe”. But there is reason to be hopeful, according to one expert quoted by the paper, who said although the quarterly numbers were bleak, figures from June – which showed output grew by 8.7% – suggested there was a “strong bounce in activity as the economy emerged from lockdown”.

Financial Times Front Page 19th of June 2024

Several Conservative leadership aspirants are positioning themselves to succeed Rishi Sunak following anticipated disappointing election results, with both MPs and grassroots supporters being courted and notable figures such as Suella Braverman and James Cleverly emerging as potential contenders.

Read More »

Financial Times Front Page 18th of June 2024

French corporate bosses are racing to build contacts with Marine Le Pen’s far-right allies in an effort to rein in her radical economic policies and ensure a productive alliance as she leads the polls ahead of the country’s parliamentary elections.

Read More »