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The Financial Times front page warns that the chancellor’s windfall tax plans have had an impact on the market, with shares in some of Britain’s biggest power firms dropping sharply. Electricity generators are said by the paper to be “furious” over the scheme being widened to include them, with the boss of one firm saying the plans were “unbelievable” and “completely out of the blue”. But government insiders insist no decisions have been finalised over whether to target them and that the policy was “not straightforward”.

Financial Times Front Page 26th of March 2026

Western officials report a major European power has sent drones, medicines and food to Iran, the first clear sign of military support. The shipments deepen ties and could expand Iran’s capabilities. Tehran denies related claims about contacts over a previous US deal.

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Financial Times Front Page 25th of March 2026

VW is considering a move into defence manufacturing via a partnership with Israel’s Rafael, repurposing a struggling Lower Saxony plant to protect thousands of jobs. The tie-up would supply European buyers with air-defence components, subject to political sign-off and board approval.

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Financial Times Front Page 24th of March 2026

Trump promotes a diplomatic path to end the Middle East crisis, calling off planned military action against Iran’s energy facilities. Oil prices fell as markets stabilised. Tehran says no talks have occurred with Washington, while the Pentagon positions additional forces in the region.

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Financial Times Front Page 23rd of March 2026

Trump has escalated pressure on Tehran, warning of action against energy facilities if traffic through the Strait of Hormuz remains blocked. Tehran threatened reciprocal moves on vital infrastructure, while Israel readies increased operations, heightening LNG supply risks within days.

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