Rolling coverage of the latest economic and financial news
- Young adults pay heaviest price for Britain’s exploding mortgage timebomb
Shares in European defence companies are falling in early trading, as investors react to last weekend’s aborted armed mutiny.
BAE Systems are the biggest faller on the FTSE 100 index in London, down 3%.
The Wagner incident may have exposed Putin’s weakness, and was the most serious threat to his rule in two decades. It could be a turning point in the war in Ukraine. But nothing is more unsure.
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