Financial Times Front Page 18th of January 2025
Starmer has expressed a positive outlook on developing a relationship with Trump, highlighting a focus on securing a beneficial trade deal and downplaying connections with Farage.
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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 17th of January 2025
BP is implementing a reduction of 4,700 jobs to bolster share prices amidst cost control challenges and investor apprehension, as it strives to catch up with competitors in the oil industry.
Financial Times Front Page 16th of January 2025
The recent announcement of a truce between Israel and Hamas, brokered by the US and Qatar, pauses the ongoing conflict to allow negotiations, though Israeli Prime Minister Netanyahu cautions that the agreement is not yet finalized, urging continued vigilance in the diplomatic efforts.
Financial Times Front Page 15th of January 2025
Tulip Siddiq has resigned from her position amid concerns over London properties linked to an ousted Bangladeshi regime, following pressure from government ministers and Labour’s Starmer highlighting ongoing transparency issues.