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Elsewhere, the Financial Times reports that Sanjeev Gupta will inject £50m in new funding into his UK steel plants, ending months of uncertainty for 3,000 workers. Mr Gupta has agreed to a key financial restructuring of his Australian steelworks, providing some “much needed breathing space” for the steel magnate, the paper says. His global metals and energy empire, GFG Alliance, was forced to find funding after its key lender, Greensill Capital, collapsed earlier this year.

Financial Times Front Page 9th of December 2021

The prime minister has revealed “sweeping new coronavirus restrictions” to combat the spread of the Omicron variant after apologising for a video which showed Downing Street advisers joking about Christmas parties during lockdown, the Financial Times reports.

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Financial Times Front Page 7th of December 2021

US regulators are stepping up their scrutiny of so-called blank-cheque company listings, with officials turning their sights to the corporate vehicle being used to take public Donald Trump’s “non-woke” entertainment group, reports the Financial Times.

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