Key Players in British Economic Shifts

The Financial Times reports on significant business and political developments: A youth mobility pact with the EU, the sale of Harland & Wolff, Nick Candy's political strides, and News Corp's divestment of Foxtel. These shifts highlight dynamic changes in UK's economy and media landscape.

The British Chambers of Commerce urges Prime Minister Keir Starmer to finalize a comprehensive youth mobility pact with the EU. This initiative seeks to facilitate easier access for young people to study and work across the UK and EU, amidst upcoming trade barrier discussions.

Harland & Wolff, the historic UK shipbuilder, faces its sale to Navantia, a Spanish defense company. This transition is expected to bring financial losses to creditors and suppliers, as stated by interim executive chair Russell Downs.

In the realm of British politics, Nick Candy, aligning with Nigel Farage's Reform party, promises unprecedented political disruption. Additionally, News Corp's $2.1 billion sale of Foxtel to DAZN marks a strategic refocus on core media interests.

(With inputs from agencies.)