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The Financial Times reports that retailer Wilko will “disappear from the high street next month” as another rescue deal fell through. Around 300 of the flagship stores are due to close, leading to some 12,500 redundancies. The chain’s collapse is “a further blow to hollowed-out high streets across the UK”, the paper adds. It pictures destroyed homes in Amizmiz, Morocco, after an earthquake during the weekend killed nearly 2,700 people.

Financial Times Front Page 24th of January 2025

During a speech at the World Economic Forum, Trump called for OPEC to reduce oil prices and urged central banks to lower interest rates, suggesting that such measures could help end the conflict in Ukraine and arguing that borrowing costs should align with the United States.

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