Le Pen’s presidential hopes shattered by five-year ban on running for office

French far-right leader Marine Le Pen has been banned from standing for office for five years with immediate effect and sentenced to jail after being convicted of embezzling EU funds. Monday’s court ruling, which remakes France’s political landscape, is likely to block Le Pen from running in the 2027 presidential election, for which she was one of the favourites.
The FT reports that Downing Street has conceded it is almost certain that US President Donald Trump will include Britain in a new wave of reciprocal global tariffs on Wednesday, with potentially far-reaching consequences for the British economy. Elsewhere the newspaper reports the global stock markets tumble as markets await the full details of Donald Trump’s ‘liberation day’ tariffs.