Browsing: Financial Times

The Financial Times leads on Rachel Reeves’s pledge to borrow only for investment, echoing fiscal rules set out under the last Labour government. The shadow chancellor said on Tuesday that Labour would follow fiscal rules set by the current Conservative chancellor, Jeremy Hunt. 

The Financial Times reports on the news that Deloitte, one of the “big four” global accountancy firms, is poised to overhaul its business structure.

The FT’s lead story claims the US Federal Reserve will have to keep rates high for longer than markets anticipate,…

The Financial Times says the news that US inflation unexpectedly rose to 3.2% in February has highlighted the challenge faced by the Federal Reserve in trying to get prices back down. 

The splash story of the FT centres on a fresh poll showing challenges facing US President Joe Biden as his re-election campaign gears up. Americans are increasingly happy about the economy but reluctant to give credit to Joe Biden, according to a new poll.

The chancellor’s “squeeze” on local councils leads the Financial Times, as the paper reports Jeremy Hunt has “wound down” a scheme providing millions of pounds for social housing.

Apple has been fined €1.8bn (£1.5bn) by the EU for breaking competition laws over music streaming. The firm had prevented streaming services from informing users of payment options outside the Apple app store, the European Commission said.

The Financial Times reports that Russia has a “low bar” when it comes to using tactical nuclear weapons.

The Financial Times has carried out an analysis of OECD data for its lead story, which finds that a global drop in house prices that hit advanced economies has “largely petered out”.

The widespread drop in global house prices that hit advanced economies has largely petered out, according to a front-page lead story.