Financial Times - TikTok chief struggles to fend off US ban in front of hostile Congress

Summary of the front page

The Financial Times leads with the efforts of TikTok’s chief executive to avert a US ban of the viral video app.

TikTok’s chief executive Shou Zi Chew told hostile US politicians that the video app would be kept “free from any manipulation by any government”, the FT’s front page reports. The Chinese-owned app is facing a potential ban in America over data security concerns. 

The Bank of England’s raising interest rates to 4.25% also features on the front page where the FT notes it is the 11th consecutive increase from the bank, which started raising rates in December 2021.

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