The Financial Times reports on the US Federal Reserve’s decision to maintain high interest rates, sparking speculation about the Bank of England’s next move.
The Financial Times underscores the financial dilemma of Birmingham City Council as it declares bankruptcy, attributing the crisis to unresolved equal pay claims amounting to around £760m.
The Financial Times discloses that Chinese lenders provided billions to Russian banks when Western institutions withdrew following Russia’s invasion of Ukraine.
Metro reveals that a significant bank holiday failure of the UK’s air traffic control computer has left thousands of passengers stranded both in the UK and abroad.
FT Weekend discusses cuts in lending rates, raising hopes that mortgage levels may have peaked, despite the Bank of England’s recent interest rate hike to a 15-year high.