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Gloomy news for the UK economy leads every front page. The Financial Times says Britain faces a protracted recession with the worst squeeze on living standards for more than 60 years following the Bank’s move to raise interest rates. It says the economic downturn is to last 15 months with inflation set to hit 13%, and says the outlook is worse than for the US and EU.

Financial Times Front Page 17th of July 2025

Amid a sharp decline in global drinks sales and mounting investor pressure, Diageo chief executive Debra Crew has stepped down with immediate effect, handing temporary leadership to finance chief Lavanya Chandrashekar as the company confronts waning consumer demand and reviews its growth strategy.

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Financial Times Front Page 16th of July 2025

Following a serious data breach that revealed the identities of thousands of Afghans who had worked with British forces, the government covertly launched an expensive emergency scheme to relocate many of them and their families to the UK to shield them from Taliban reprisals, drawing criticism for limited uptake and for withholding details from Parliament.

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Financial Times Front Page 15th of July 2025

Donald Trump has warned he will impose 100% tariffs on a wide range of imports within 50 days unless the ongoing eastern European crisis is resolved, a show of economic pressure welcomed in London and across allied capitals while analysts question its wider impact on trade and diplomacy.

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