Financial Times Front Page 30th of April 2024
The Financial Times covers the upheaval in Scottish politics after Humza Yousaf steps down as first minister.
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The Financial Times quotes Huw Pill, chief economist at the Bank of England, warning that the debt-funded tax cuts announced by Chancellor Kwasi Kwarteng as part of Friday’s mini-budget will require a “significant monetary response”. The paper says forecasters now expect borrowing costs to reach 6.25%, almost triple the current rate of 2.25%, by May next year.
Financial Times Front Page 29th of April 2024
The Financial Times reveals that the top seven Western banks in Russia paid the Kremlin £685m in taxes last year, marking a fourfold increase from pre-war figures.
Financial Times Front Page 27th of April 2024
The Financial Times discusses the prospective future of mining giant Anglo American.
Financial Times Front Page 26th of April 2024
BHP’s £31bn bid for Anglo American stirs dispute, reports the Financial Times.