Sunday Papers - Phil quits This Morning & Braverman fine ‘coverup’
There are various stories dominating Sunday’s papers, from UK politics to the latest from showbiz. News that Philip Schofield has quit the popular daytime show This Morning, dominates Sunday’s tabloids.
The Sunday Telegraph has an interview with the government’s migration tsar, Professor Brian Bell, who suggests reducing the number of foreign students allowed to stay in the UK after graduation, as their visas could provide a “backdoor route” for low-skilled workers.
The Independent spoke to Tory sources who have warned of a potential backbench rebellion against Rishi Sunak unless he tackles immigration effectively.
The Times reports on the Conservative Mayor of the West Midlands, Andy Street, who has urged the PM to drop his opposition to building houses on the green belt to address housing needs.
The Sunday Telegraph – Migration tsar backs student visa curbs
The Sunday Telegraph – Migration tsar backs student visa curbs Summary of the front page The Sunday Telegraph reports the government’s migration tsar has backed
The Observer – Top Tory donor faces probe over multimillion fraud claim
The Observer – Top Tory donor faces probe over multimillion fraud claim Summary of the front page The Observer says a top Tory donor who
The Sunday Times – Braverman asked civil servants to help her avoid speeding fine
The Sunday Times – Braverman asked civil servants to help her avoid speeding fine Summary of the front page The Sunday Times leads with claims
Sunday People – We’ve had our Phil
Sunday People – We’ve had our Phil Summary of the front page The Sunday People reports that Phillip Schofield has resigned from This Morning after
Sunday Mirror – They think it’s all sofa
Sunday Mirror – They think it’s all sofa Summary of the front page The Sunday Mirror also leads with Phillip Schofield quitting This Morning. The
Thousands join growing Istanbul protest
Cliff Notes – Hundreds of thousands join growing Istanbul protest Thousands join growing Istanbul protest Hundreds of thousands of protesters gathered in Istanbul for a mass rally called by Turkey’s main opposition
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Man arrested on suspicion of assisting foreign intelligence over parcel fire at DHL warehouse
Cliff Notes A 38-year-old Romanian national was arrested at Stansted airport on suspicion of assisting a foreign intelligence service linked to a fire at a DHL warehouse in Birmingham. The
Europa League fixtures today – Where to watch Lyon vs Manchester United on TV
Manchester United are away at Lyon tonight in the UEFA Europa League Quarter-Final 1st Leg, whilst fellow English club, Tottenham Hotspur, welcome Eintracht Frankfurt to the Spurs Stadium.
Hungary suggests foot-and-mouth outbreak could be biological attack
Cliff Notes A Hungarian official has suggested the country’s first foot-and-mouth disease cases in over 50 years may have originated from a "biological attack". Thousands
Trump blinks first in trade war – China hit with 125% tariff – Stocks rebound – Market manipulation | Live US News Briefing
Donald Trump announced a temporary 90-day suspension of certain tariffs less than a day after they came into effect. Many see it as the president backing down from his policy after US government bonds were being sold off, and the president likely under pressure from his rich and powerful friends (Elon Musk).
Whilst he came back from the brink for most countries he had hit, all countries (interestingly, Russia was not hit with tariffs) still face a blanket 10% tariff.
The administration intensified its stance on China by elevating tariffs on Chinese imports to 125%, underscoring a complex and strained U.S.- China trade relationship.
China responded firmly to the increased tariffs, maintaining a resolute position and implementing retaliatory measures. The Chinese Commerce Ministry announced an 84% tariff on all U.S. goods, signaling Beijing’s unwillingness to yield to U.S. pressure. This escalation has heightened concerns about a prolonged trade conflict between the world’s two largest economies.
The financial markets have reacted with notable volatility to these developments. Following the announcement of the tariff suspension, global markets experienced a relief rally. However, this optimism is tempered by underlying uncertainties, as analysts caution that the fundamental issues driving the trade tensions remain unresolved. The bond market, in particular, has exhibited signs of distress, with the U.S. 10-year Treasury yield climbing from under 4% to 4.5%, reflecting diminished confidence in U.S. fiscal stability.
Amid these economic fluctuations, there have been murmurs of potential market manipulation.
The current trajectory of U.S. trade policy, characterized by abrupt shifts and escalating tariffs, has prompted warnings from economic leaders. JPMorgan Chase CEO Jamie Dimon cautioned that the ongoing trade war could precipitate a U.S. recession this year.
