Latest News
- Trump to impose 50% tariffs on Canadian auto and steel imports from 2027
- Bradley Townsend becomes first British fighter to die in Ukraine for Russia
- Ukraine showcases advanced military technology during Independence Day celebrations
- UK to Provide Classified Technology for Long-Range Missile Production in Ukraine
- Calgary jewellery maker anticipates losing half of customers amid trade war
- Trump focuses on autism while cutting protections for autistic children
- Fire destroys over 100 cars at Gatwick Airport parking site
- Ukraine marks Independence Day with drone strikes on Ozon logistics centres
Financial Times - Savers withdrew nearly $60bn from three US banks as Apple raises heat
Summary of the front page
The Financial Times says savers withdrew nearly $60bn from US banks Charles Schwab, State Street and M&T in the first quarter as customers moved their money in search of higher interest rates. Traditional banks could face further threat because of Apple and Goldman Sachs’ new savings account in the US that will pay 4.15% interest a year, it reports.
The paper’s main image is of Vladimir Kara-Murza, a Russian opposition activist, during a court hearing in Moscow where he was sentenced to 25 years in prison for treason.
Today's top stories
Trump to impose 50% tariffs on Canadian auto and steel imports from 2027
August 24, 2026
7:00 pm
President Trump announced the imposition of a 50% tariff on all Canadian automotive and steel imports, effective 1 January 2027, following stalled trade negotiations. He claimed Canada has exploited the U.S. economically. Canada is set to retaliate with its own tariffs beginning 8 September.
Bradley Townsend becomes first British fighter to die in Ukraine for Russia
August 24, 2026
6:00 pm
Bradley Townsend, 33, becomes the first known British fighter to die for Russia in Ukraine, killed by a drone attack near Liman after two months of combat.
Ukraine showcases advanced military technology during Independence Day celebrations
August 24, 2026
4:00 pm
Ukraine celebrated its 35th Independence Day with an unprecedented military display in Kyiv, featuring robots on the streets, naval drones on the Dnipro river, and UAVs in the skies. The event highlighted advanced technologies that have significantly impacted the battlefield since Russia’s full-scale invasion.
UK to Provide Classified Technology for Long-Range Missile Production in Ukraine
August 24, 2026
3:01 pm
What’s going on?
UK Defence Secretary Grant Shapps announced a visit to Ukraine to discuss support for long-range missile production. This initiative aims to bolster Ukraine’s defence capabilities amid ongoing conflict with Russia. The visit is part of broader UK assistance following recent military engagements in the region.
The framing between outlets shows a clear distinction; Reuters headlines with, “UK’s Burnham to visit Ukraine with plan to support long-range missile production,” emphasising the visit and its strategic intent. In contrast, The Telegraph states, “Ukraine doesn’t need Burnham’s Storm Shadow blueprints. There’s a deeper game afoot,” suggesting scepticism about the effectiveness of the proposed support. This contrast highlights differing views on the implications of the UK’s engagement in Ukraine.
Coverage analysed: Reuters | The Telegraph
Calgary jewellery maker anticipates losing half of customers amid trade war
August 24, 2026
1:00 pm
Jewellery maker Cindy Baldassi anticipates a significant loss in clientele, estimating that she will lose about half of her customers due to the escalating trade war between Canada and the United States.
Trump focuses on autism while cutting protections for autistic children
August 24, 2026
11:00 am
Josette Smith filed a federal complaint against her son Ethan’s school in Winter Haven, Florida, citing discrimination based on his disability and race. Smith alleges that the school failed to provide necessary support, resulted in suspensions, and involved police intervention, prompting an investigation by the U.S. Department of Education’s Office for Civil Rights.
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