Author: WTX News Editor

The WTX News Teams works around the clock to deliver, breaking news and news Briefings to you on a daily basis. It is our opinion that sometimes you need information, not speculation so we try to cut through the bull**** and give you that in your Daily News Briefing.

Financial Times – BoE considers forcing foreign banks to replace branches with subsidiaries Summary of the front page The Financial Times reports the Bank of England is looking at plans to force more international banks to set up subsidiaries in the UK. The paper says the move could reduce the thresholds requiring foreign banks with corporate business in the UK to set up subsidiaries that have their own capital and liquidity. The front page features…

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French suburbs: Fresh protests against police violence rooted in decades of harassment, inequality EU

When a police officer last week shot and killed a resident of Paris’s suburb of Nanterre, 17-year-old Nahel M., it unleashed a wave of unrest across France – an echo of similar protests launched by youth living in housing projects two decades earlier. Billions of euros of investment in the years since have done little to calm anger over police harassment and poor living conditions in France’s housing projects.

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Moscow airport flights disrupted by drone attack Flights from Vnukovo International Airport are being diverted amid a drone attack on Moscow, according to the Russian defence ministry.  The attack reportedly used five drones, which also targeted locations in the wider region around the capital. The defence ministry said all the drones were shot down and there are no reported casualties or damage. Ukraine has not claimed responsibility for the alleged attack. Restrictions at the airport,…

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The Guardian – Labour wants graduate-led nurseries to fight inequality Summary of the front page The Guardian reports that Labour is considering plans to boost education for under-4s which include parachuting more graduate teachers into nurseries. More nursery places could be introduced in primary school settings as part of the opposition’s proposals to drive up standards and formally integrate early years in England into the education system, the paper says. Venus Williams makes the front…

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Financial Times – Bank chiefs called in by watchdog to answer claims of profiteering on rates Summary of the front page The financial watchdog has summoned bank chief executives to address concerns that savings rates are lagging behind the surging cost of mortgages, the Financial Times reports. The paper says they are facing accusations of profiteering from rising interest rates. Today’s top stories Like this article? Leave a comment UK National newspapers

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