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The reshuffle has been “broadly welcomed” by Conservative MPs, according to the Financial Times, which says they hope the appointments will lead to “less chaos in Whitehall”. The paper quotes what it describes as an influential backbencher as saying the choices seem “sensible”, while another senior MP says “he’s cleared out the dead wood”.

Financial Times Front Page 22nd of October 2021

The Financial Times leads with a warning from the Bank of England’s new chief economist that inflation is likely to rise “close to or even slightly above five percent” early next year, which comes ahead of a decision on whether to raise interest rates.

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