Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Former UK science minister George Freeman has blamed an impending jump in the cost of his mortgage for his decision to quit the role and warned politics was becoming an unaffordable career. Freeman, who stepped
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Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. EU member countries have backed a plan to set aside billions of euros of profits arising from the freezing of assets of Russia’s central bank in a first step towards their possible use for
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Paddy Power owner Flutter is planning to move its primary listing to New York in the latest blow to London’s shrinking equity market. If approved by shareholders at an annual meeting in May, Flutter’s transition
Brandon Comer and his firm Comer Capital Group, the Mississippi-based municipal advisor to the library district of the City of Harvey, Illinois, have been fined a total of $86,000 in a final judgment reached in the Northern District of Illinois after years of litigation. Without admitting or denying the allegations of the Securitiesand Exchange Commission’s
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Twelve employees of a UN aid agency alleged to have played a part in the October 7 attacks on Israel included one who kidnapped a woman and another who seized the body of a slain
The Federal Reserve is expected to announce it will leave rates unchanged at the end of its two-day meeting this week, after recent reports showed the economy grew at a much more rapid pace than expected and inflation eased. “In many ways, we already have a soft landing,” said Columbia Business School economics professor Brett House.
Muni market participants and analysts expect certain sectors and subsectors to experience credit weakness and the U.S. presidential elections and federal policy potentially having major impacts on the municipal market this year. The Bond Buyer released survey results in a report titled, “After two stormy years, munis face still more uncertainty,” which detailed predictions and
Stay informed with free updates Simply sign up to the EU economy myFT Digest — delivered directly to your inbox. Security is about power — the power to prevent others from harming you, the power to expand the choices available to you, and in the last instance, the power to coerce others to protect your
The use of premium bonds has ignited a dispute between Vermont’s most populous city and the state auditor. The state auditor found that the city of Burlington issued more debt than it was approved for under the state’s tax increment financing law and made more than a million dollars of accounting errors. The city’s Downtown
Stay informed with free updates Simply sign up to the Aerospace & Defence myFT Digest — delivered directly to your inbox. The writer is adviser to Gallos Technologies, and author of ‘Goodbye Globalization’ History shows that when the political class ignore the fortunes of manual workers, it often comes back to bite them. This is
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hungary has vowed to defy EU pressure to approve a four-year, €50bn aid package to Ukraine, condemning as “blackmail” a proposal to undermine its economy if it fails to back down. Brussels has laid out
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nearly a third of the ministers in the Israeli cabinet attended a far-right conference calling for the re-establishment of Jewish settlements in Gaza, sparking a backlash from opposition politicians. Ultranationalist finance minister Bezalel Smotrich and
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Iran distanced itself on Monday from an attack that killed three US soldiers as pressure built domestically on President Joe Biden to respond against Tehran. A day after the US blamed “radical Iran-backed militant groups”
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Joe Jamail might be smiling somewhere. Jamail was a successful Texas lawyer starting in the 1950s who specialised mostly in personal injury disputes. But in the mid-1980s, through happenstance, Jamail starred as a central figure
Stay informed with free updates Simply sign up to the Financial services myFT Digest — delivered directly to your inbox. EY has started monitoring UK employees’ office attendance, with swipe card entry data being circulated at senior levels of the firm as some of its staff flout its hybrid working guidelines. Some partners at the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Activist investor Bluebell Capital Partners has called on BP to ditch its commitment to cut oil and gas output as well as other keys parts of its strategy to transform the company into a clean
Stay informed with free updates Simply sign up to the Financial & markets regulation myFT Digest — delivered directly to your inbox. Have we learnt anything from the great financial crisis of 2008? Or any number of banking crises that came before or since, right up to the collapse of Silicon Valley Bank and others
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of England is likely to acknowledge this week that it is seeing unexpectedly rapid progress in getting inflation down, analysts said, but the central bank is not expected to begin cutting interest rates
Stay informed with free updates Simply sign up to the Business education myFT Digest — delivered directly to your inbox. The vice-dean of London Business School has said that the traditional elite MBA course has “passed its peak” as escalating fees and new UK restrictions on student visas hit demand for longer programmes. LBS on
The US Federal Open Market Committee and the UK’s Bank of England announce their rate decisions this week. We’re expecting a cut from both, just not this month. Central bankers have been, and are likely to continue to be, in wait-and-see mode — read Chris Giles’s excellent Central Banks newsletter (for Premium subscribers) to get
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Disposable vapes are to be banned in the UK as part of a drive to protect children’s health, as Prime Minister Rishi Sunak warned that youth vaping could become “endemic”. Sunak will on Monday also