Hopelessly Weak Sunak Handle
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Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
South Korea cracks down on ‘shrinkflation’
Fines threatened for producers who cut product size without informing consumersFinancial Times - World - South Korea -
Conservatives battered in local elections as losses mount
Labour hails ‘seismic’ by-election result as Tories haemorrhage council seats but hold on to Tees ValleyFinancial Times - Business -
Sunak says results 'disappointing' but voters will 'stick with us' at general election
Labour wins by-election and string of councils from the Tories, who retain the Tees Valley mayoralty.BBC News - Top stories -
Tory plot to topple Rishi Sunak fizzles despite crushing election losses
UK prime minister faces a mutinous party but rebellion off the cards — for nowFinancial Times - Business - United Kingdom -
Sunak’s instincts are leading the Tories to ever worse defeat
The prime minister chose the ground on which the local election campaign was fought — and is now paying the priceFinancial Times - Business -
'Tories crushed' as rebels 'end plot to oust Sunak'
Saturday's papers focus on local election disappointment for the Tories.BBC News - Top stories -
FirstFT: Apple beats expectations
Also in today’s newsletter, Apollo and Sony team up for Paramount bid and Turkey cuts trade ties with IsraelFinancial Times - World - Apple -
Labour hails big wins in England as Sunak holds on to Tees Valley victory
Victory in Tees Valley marked a bright spot in a grim night for the Tories, with Labour picking up councils and mayors.BBC News - Top stories -
Local elections wipeout appears to be harbinger of doom for Rishi Sunak
With an estimated 25% vote share, Tory performance matches 1995 nadir reached under John Major. Local and mayoral election results – live updatesResults from local elections held across England on Thursday appear to confirm that Rishi Sunak’s ...The Guardian - World -
Chris Mason analysis: Bleak picture for Sunak as Tories take election hit
Labour has discovered a knack of winning in the local elections where they need to win in a general election.BBC News - Top stories -
Disappearing migrants and street revolts. Sunak’s Rwanda round-up is just the mess we knew it would be | Gaby Hinsliff
The policy has always been a sordid theatre of cruelty, and it is unravelling in ways that were entirely predictable. Handcuffed and surrounded, faces pixelated for the video as if they were dangerous criminals, one by one they were bundled into ...The Guardian - World -
Labour’s Claire Ward elected first mayor of East Midlands as Sunak gets boost in Tees Valley after Tory losses – live
Party source describes region as ‘beating heart of general election battleground’ as prime minister says Labour threw ‘lot of mud’. Local elections 2024: full council results for EnglandAnalysis: Blackpool verdict looks like electoral death ...The Guardian - World