FT – ‘Energy groups seek emergency support’
Summary of Today's Paper
FT – ‘Energy groups seek emergency support’Â
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.Â
Today's Headlines
Stocks soar as Trump presses tariffs pause button and hits China harder
Trump poised to ignite global trade war with steepest tariffs in a century
Trump issues new China tariff threat
Trump issues new China tariff threat The FT looks at the escalating tariff war between China and the US after Trump threatened an additional 50% tariffs on China if Beijing did not withdraw its retaliatory levies. China has said it will not back down. US stocks closed slightly lower after a day of volatile trading. “If the US proceeds with implementing these escalated tariff measures, China will resolutely take countermeasures to safeguard its own rights and
Trump officials dismiss market rout in vow to press on with punishing tariffs
UK plan for joint European fund to help finance continent’s rearmament
The FT reports that it has seen an informal paper that the UK government has circulated outlining its plans for a multilateral fund that would support weapons stockpiles and military equipment across the continent.
