Click to Enlarge
Facebook
Twitter
The Financial Times leads on government borrowing costs rising sharply, as the Bank of England and chancellor fail to stop a sell-off in government bonds. It comes after Chancellor Kwasi Kwarteng said he would fast-track his plan setting out how he will fund tax cuts and reduce debt after his mini-budget sparked market turmoil. The paper reports some senior Tories believe Mr Kwarteng will struggle to come up with a plausible medium-term reduction plan by the end of the month.

Financial Times Front Page 5th of February 2026

Security officials warn a hostile state’s spacecraft has intercepted European satellite signals, risking exposure of unencrypted command data vital to defence and infrastructure. The UK and allies are pushing rapid encryption upgrades and tighter space monitoring to protect networks.

Read More »

Financial Times Front Page 4th of February 2026

Police have opened a criminal inquiry into Lord Mandelson’s dealings with Jeffrey Epstein, examining claims sensitive information was shared while he held government roles. Mandelson has resigned from the Lords. Starmer called the conduct disgraceful and urged full co‑operation.

Read More »

Financial Times Front Page 2nd of February 2026

Emails reveal Peter Mandelson advised Jeffrey Epstein that JPMorgan should pressure the UK over the 2009 bankers’ bonus tax, urging contact with the chancellor. He says he sought to protect jobs and investment. Labour is under pressure to address the revelations.

Read More »