Close Menu

Financial Times - Bank of England consider urgent reform of deposit guarantee scheme

Summary of the front page

The lead story on the front page of the Financial Times says the Bank of England is considering “urgent” reforms to its deposit guarantee scheme following turmoil in the sector last month caused by the collapse of US lender Silicon Valley Bank, which saw billions withdrawn from the firm’s UK entity. 


The paper’s lead image shows smoke rising above the Sudanese capital, Khartoum, after the death toll there rose following a second day of fighting between the army and a rival paramilitary group. Another article on the paper’s front page says that China’s trillion-dollar Belt and Road Initiative has been hit by “spiralling bad loans”.

Today's top stories

Monday’s news briefing - Storm Bert batters Britain, girl shot in London, CBI says Budget makes it harder to hire, Premier League roundup

Monday’s news briefing – Storm Bert batters Britain, girl shot in London, CBI says Budget makes it harder to hire, Premier League roundup 

Much of Monday’s news revolves around the damage left behind after Storm Bert which battered Britain with its heavy rainfall and high winds. At least five people were killed.

The weekend – and into Monday – has seen violent attacks in the capital. Today’s news reports a girl, aged 8, and a man have been shot in London. No arrests have been made.

The ongoing fallout from the October Budget continues to feature in the news as businesses are warning the ‘tax raids’ mean they will be less likely to hire new staff. The chancellor is set to tell business leaders that she has no choice but to raise taxes.

The latest from the weekend’s Premier League action makes the news as new Manchester United boss suffered a 1-1 draw with Ipswich on Sunday. Man City’s Pep Guardiola suffered another loss and Steve Cooper is fired by Leicester after just five months.

uk weather today

UK weather today 25/11/2024

Early cloud and rain in the far southeast clearing with sunshine and showers following. Showers most frequent in the north,

Like this article?

Leave a comment

Advertisment
Save 70% on VIP subscription
News Briefings - the way to a better life
News Briefings - the way to a better life
Advert by Sponsors
More from WTX News
The latest gaming news - with game reviews and tips and tricks. updated 24 hours a day.
The latest gaming news

Get OFFER

Say 'yes' to liberty

Sign up to your personalized news briefing - delivered!

Newspapers, News Summary, Truth and freedom

30% off - code - 9ANB1EB283

Access the news from all the main News sources

We bring you CNN BBC FOX EURO NEWS AL JAZEERA – all in one place. With a perfectly crafted email with your news summary