Chancellor Jeremy Hunt will attempt to shift attention on Monday from an escalating Conservative conference row over high levels of tax by announcing policies intended to put the Tories on the side of “workers versus shirkers”. Hunt will seek to change the subject at a conference so far dominated by a clamour from senior Tories
More than $70 million in crypto shorts were suddenly liquidated after a surprise jump in the price of Bitcoin (BTC), Ethereum (ETH) and other cryptocurrencies on Oct. 1. According to data from TradingView, the sudden pump saw Bitcoin surge 3% in just 15 minutes from $27,100 to $28,053 before settling down just below the $28,000
Receive free Conservative Party UK updates We’ll send you a myFT Daily Digest email rounding up the latest Conservative Party UK news every morning. Chancellor Jeremy Hunt will attempt to shift attention on Monday from an escalating Conservative conference row over high levels of tax by announcing policies intended to put the Tories on the
After rising about 80% in the first two quarters of 2023, Bitcoin (BTC) fell roughly 11% in the third quarter ending September. However, there is a silver lining for the bulls because they managed a positive monthly close in September, the first since 2016. Buyers will try to build upon this momentum in October, which
US president Joe Biden said America would “not walk away” from Ukraine after Congress jettisoned $6bn in aid to avert a government shutdown, even as Republicans tied further funding to the contentious issue of border security. “I want to assure our American allies, the American people and the people in Ukraine that you can count
Receive free UK defence industry updates We’ll send you a myFT Daily Digest email rounding up the latest UK defence industry news every morning. BAE Systems, Britain’s biggest defence contractor, has won a £3.95bn contract to build a new generation of attack submarines as the UK moves ahead with the trilateral Aukus security pact. The
Receive free UK inflation updates We’ll send you a myFT Daily Digest email rounding up the latest UK inflation news every morning. What does the current inflationary upsurge tell us about prospects for inflation in the long run? My focus here will be on the UK. But the broad lesson may be relevant elsewhere: it
Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in NYC on Sept. 28th, 2023. Adam Jeffery | CNBC Billionaire investor Bill Ackman would “absolutely” do a deal with X, the social platform previously known as Twitter, with his newly approved investment vehicle, Ackman told The Wall Street Journal in a story
Receive free Republican Party US updates We’ll send you a myFT Daily Digest email rounding up the latest Republican Party US news every morning. A hardline Republican lawmaker said he would move to oust Kevin McCarthy, the Speaker of the House of Representatives, next week for working with Democrats to avoid a government shutdown in
Some big anti-Donald Trump Republican donors fear the former US president is building an unassailable lead in the primary campaign, as his party rallies around him in his battle against federal and state prosecutors. Trump leads his closest party rival by roughly 30 points in Iowa, New Hampshire, and South Carolina, according to RealClearPolitics’ polling
Receive free Geopolitics updates We’ll send you a myFT Daily Digest email rounding up the latest Geopolitics news every morning. The writer is professor of Korean Studies at Kookmin University Last month, two strongmen met in the wilderness of Russia’s far east. The second summit between Vladimir Putin and Kim Jong Un took place at
Receive free German politics updates We’ll send you a myFT Daily Digest email rounding up the latest German politics news every morning. The writer is an FT contributing editor and writes the Chartbook newsletter These are anxious times in Germany. Two issues dominate the headlines: economic malaise, and the alarming surge in support for the
In this article FDX PINS CRM ADBE MSFT Follow your favorite stocksCREATE FREE ACCOUNT Shantanu Narayen, CEO, Adobe. Mark Neuling | CNBC Investors are grappling with uncertainty after a difficult September left the major averages reeling. However, the current scenario also offers an opportunity to pick stocks that could generate attractive returns despite short-term pressures.
Receive free Conservative Party UK updates We’ll send you a myFT Daily Digest email rounding up the latest Conservative Party UK news every morning. Rishi Sunak has refused to commit to tax cuts before the next general election despite growing clamour from both his Cabinet and backbench MPs for giveaways. As Conservatives gathered in Manchester
According to recent information from Spot On Chain, an address linked to the FTX exploit identified as 0x3e9, has conducted transfers exceeding 10,000 Ether (ETH), worth roughly $17 million, across five different addresses since Sept. 30. The addresses had remained inactive for several months before the recent activity. A significant portion of the 7,749 ETH,
Receive free Slovakia updates We’ll send you a myFT Daily Digest email rounding up the latest Slovakia news every morning. Anti-Ukraine former prime minister Robert Fico won Saturday’s elections in Slovakia, putting himself on track to try to form a coalition government that could undermine western efforts to stay united in helping Kyiv in its
Vitalik Buterin, the co-founder of Ethereum, has expressed worries regarding decentralized autonomous organizations (DAOs) exerting a monopoly over the selection of node operators in liquidity staking pools. In a September 30 blog post, Buterin issues a warning that as staking pools adopt the DAO approach for governance over node operators—who are ultimately responsible for the
Georgia’s reluctance to freeze the assets of a former official accused by the US of being a Russian agent is further testing Tbilisi’s ties with the west. The US State Department earlier this month added Otar Partskhaladze, who briefly served as Georgia’s chief prosecutor, to its sanctions list, citing help he had allegedly received from
Receive free Carbon tax updates We’ll send you a myFT Daily Digest email rounding up the latest Carbon tax news every morning. Rishi Sunak’s weakening of UK climate targets has left British exporters facing hundreds of millions of pounds in EU carbon border taxes within the next decade — revenues that otherwise would have flowed
Receive free Nato updates We’ll send you a myFT Daily Digest email rounding up the latest Nato news every morning. Sweden must take further “concrete steps” against terrorism to clinch Ankara’s support for its Nato bid, Turkey’s vice-president said as the Turkish parliament prepares to take up the Nordic country’s accession request. Cevdet Yılmaz told
Planned new post-Brexit border controls on animal and plant products imported from the EU will cost businesses an estimated £330mn a year in additional red tape charges, the government has admitted. The confirmation from Cabinet Office minister Baroness Lucy Neville-Rolfe in a letter to a Labour MP follows repeated warnings from the logistics and food
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