iPhone | iPad
Android
Huawei
The temporary ban will stay 'until the identified threats are eliminated and a new theological conclusion is reached', says Dagestan Muftiate
KT APPDOWNLOAD
UK's Labour party wins Financial Times vote support
The news marks the latest blow to PM Rishi Sunak, whose governing right-wing Conservatives have trailed Keir Starmer's Labour throughout the general election campaign
British opposition Labour Party leader Keir Starmer speaks to supporters during a Labour general election campaign event, in Milton Keynes on July 1, 2024. — Reuters
Two influential business publications, the Financial Times newspaper and The Economist magazine, have declared support for Britain's centre-left Labour party before Thursday's UK election, joining the right-leaning Sunday Times.
The news marks the latest blow to Prime Minister Rishi Sunak, whose governing right-wing Conservatives have trailed Keir Starmer's Labour throughout the general election campaign.
"The Conservatives have run out of road. Labour must be given a chance to govern," said a Financial Times editorial on Monday with the Tories heading for a defeat that would end Sunak's spell as PM after less than two years.
"Voters appear to have decided that, after an often turbulent 14 years in office spanning five prime ministers, the Conservative party's time is up. There surely can be no other conclusion," the FT added.
The business daily stressed it had no "fixed political allegiance" but added that its beliefs in "liberal democracy, free trade and private enterprise, and an open, outward-looking Britain... often aligned us more with Britain's Conservatives.
"But this generation of Tories has squandered its reputation as the party of business, and its claim to be the natural party of government," it added.
The FT conceded that successive Conservative administrations had in recent years been forced to confront the financial crisis, the Covid pandemic, and rocketing inflation following Russia's attack on Ukraine.
However, it added that much of the damage was "self inflicted", citing Brexit as "an act of grave economic self-harm" and the disastrous 2022 unfunded mini-budget of former premier Liz Truss which tanked the pound.
"The Labour party of... Starmer is better placed today to provide the leadership the country needs," the FT concluded.
The Economist also threw its weight behind Labour, albeit reluctantly, in its latest edition published over the weekend.
"No party fully subscribes to the ideas that The Economist holds dear. The economic consensus in Britain has shifted away from liberal values-free trade, individual choice and limits to state intervention," it said in an editorial.
"But elections are about the best available choice and that is clear. If we had a vote on July 4th, we, too, would pick Labour, because it has the greatest chance of tackling the biggest problem that Britain faces: a chronic and debilitating lack of economic growth."
Over the weekend, The Sunday Times weekly newspaper backed Labour, reversing its traditional support for the Conservatives.
More news from World
Orban's visit to Ukraine comes the day after Hungary took over the EU's rotating presidency for the next six months
Stiell hails from the island of Carriacou which took a direct hit early Monday as Beryl barrelled through, dumping heavy rain and unleashing devastating winds
After four years of delays, the ESA's most powerful rocket yet is due to blast off from Europe's spaceport in Kourou on July 9
Aghamiri is one of Iran's dozen or so remaining masters of the ancient art of Tazhib, which was inscribed last year on Unesco's list of intangible heritage
Some 180-plus candidates have confirmed they will not stand in Sunday's second-round for France's 577-seat national parliament, according to local media estimates
A look at what Britons feel about the party they support and their leaders days before the country goes to the polls
The leader started the penultimate day of campaigning before Thursday's vote in a vast Ocado warehouse in Luton, watching robots pick items for delivery