FT says EU leaders risk leaving Ukraine empty-handed at a perilous moment in its war against Russia as divisions over finances threaten a €50bn lifeline.
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Business Pages
A central cohesive and succinct summary of the world financial markets and leading business pages.
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The Wall Street Journal is an American business and economic-focused international daily newspaper based in New York City.
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CITY AM SAYS Soaring rents in London pose a “threat” to the capital’s competitiveness, a number of top business groups have warned, amid fears that young professionals are increasingly being priced out of the capital.
The Financial Times says investors are piling into risky assets amid a growing belief that the Federal Reserve and other central banks are close to winning their long-running battle with inflation.
The Financial Times splashes on allegations made by US federal prosecutors that an Indian government official orchestrated a plot to kill a Sikh separatist activist in New York.
The Financial Times leads on the news that Barclays is considering dropping thousands of clients at its investment bank as part of an overhaul aimed at boosting profits.
The Financial Times leads on reports that Turkey’s continued exports to Russia of vital war goods have caused tensions to flare between Ankara and several of its NATO allies.
CITY AM SAYS Some of the world’s biggest businesses have committed to invest a total of nearly £30bn in Britain.
The agreement at the conference of the parties (cop) to the UN Framework Convention on Climate Change, which took place in Paris in 2015, was somewhat impotent.
The Financial Times splashes on comments from Qatar saying that Hamas must find dozens of hostages if they hope to extend the truce with Israel.
CITY AM SAYS As the dust settles on Jeremy Hunt’s Autumn Statement, it has become increasingly clear that the Chancellor has taken a big bet.
The Financial Times reports on the release of new data from the Office for National Statistics which shows that net immigration hit a record 745,000 last year.
“Tax burden surged despite Hunt cuts,” writes the Financial Times, as it reports that the chancellor has cut business and personal taxes by £20bn in the autumn statement.
CITY AM – Clear As Mud City is ‘paying too much attention’ to inflation data, says bank governor CITY AM SAYS The Bank of England…
Financial Times – Hunt to put £9bn a year tax break for business at core of growth drive
The front page reports 500 employees have threatened to walk as workers also demand the board quit.
The Economist looks at the upcoming year, with a 90-page guide to 2024 and what to look out for – from the rapid progress of AI to important elections globally.
CITY AM – Hunt hints at tax cuts for UK businesses Hunt says his ‘priority is backing British business’ as he hints at tax cuts…
The Financial Times reports that pressure is mounting on the board of OpenAI, the company behind ChatGPT, to reinstate Sam Altman as chief executive.
The Financial Times reports Chancellor Jeremy Hunt is looking at cutting business and inheritance taxes in the Autumn Statement in a move he hopes will reverse the Tory party’s tumbling poll ratings.
CITY AM SAYS Younger lawyers are asking to duck out of work on clients who clash with their ‘ethical’ standards, a new survey has revealed.
The Financial Times reports Rishi Sunak has vowed to introduce emergency legislation to rescue the government’s plan to send asylum seekers to Rwanda.
The Financial Times reports on a jump in the US stock markets following a larger-than-expected fall in inflation.
CITY AM SAYS Rishi Sunak’s reshuffle was his third attempt to relaunch the Conservative Party, and this time he’s also reheating David Cameron’s career, writes Will Cooling
The Financial Times leads on the big news from Monday’s cabinet reshuffle.
CITY AM SAYS Deputy Prime Minister Oliver Dowden has announced plans to streamline and enhance the business-friendliness of the UK’s investment screening powers, just under two years since their inception.