FT – ‘Energy groups seek emergency support’
Summary of Today's Paper
FT – ‘Energy groups seek emergency support’
The Financial Times reports that the UK’s largest energy suppliers are requesting a multibillion-pound emergency support package from the government to help them survive the crisis sparked by gas prices.
Today's Headlines
Starmer seal first US trade deal since start of Trump war
Financial Times reports that the prime minister is the first to seal a deal with the United States since Donald Trump unleashed his tariffs war on the world.
War fears mount after Pakistan vows to hit back at India’s deadly air strikes
War fears mount after Pakistan vows to hit back at India’s deadly air strikes In the early hours of Wednesday, a deafening boom shook Safeer Awan from his sleep. The lawyer, who lives in Muzaffarabad, the capital of Pakistan-administered Kashmir, rushed to check on his children as a barrage of rockets crashed into the Bilal mosque next door. The blast shattered windows, sending shards of glass flying and injuring his 16-year-old daughter Nimrah, who was taken
Trump ditches Waltz after Maga wrath builds against national security adviser
Trump ditches Waltz after Maga wrath builds against national security adviser Donald Trump has tapped secretary of state Marco Rubio to be interim national security adviser after firing Mike Waltz and his deputy following a scandal over the use of a private messaging app to discuss military plans. Trump announced the move on Truth Social on Thursday afternoon, saying Waltz would be nominated to serve as US ambassador to the UN, keeping a prominent role
Trump trade war distorts US economy as banks win and consumer mood dims
Trump trade war distorts US economy as banks win and consumer mood dims The US economy contracted by an annualised 0.3 per cent over the first quarter, as companies in the world’s largest economy responded to Donald Trump’s trade war by rushing to import goods. The fall in the GDP reading — the first since 2022 — was worse than economists’ most recent forecasts and compared with the 2.4 per cent rise for the fourth
Mark Carney’s Liberals win pivotal Canadian election
Mark Carney’s Liberals win pivotal Canadian election Mark Carney has won Canada’s election after a campaign dominated by the country’s relationship with the US under Donald Trump. Carney’s Liberal party was on track to win the largest number of seats and the right to form a government. But it was still unclear whether it would be able to secure a parliamentary majority as counting continued. The Liberals capitalised on a patriotic surge in the face
US ports and air freight groups report sharp drop in cargo as tariff fears bite
The front page of the Financial Times this morning, 28 April 2025. Catch up on the back pages here.
