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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. St James’s Place has suffered a sharp drop in net inflows over the first quarter as the wealth manager grapples with customers withdrawing their money and potential redress payments to clients. The FTSE 100 company

It is standard fare for a politician to invoke family on the campaign trail. But it lands differently when the candidate is Robert F Kennedy Jr. When he talks about “my father” — and how no one thought he had a chance to win his bid for the presidency — he is talking about the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC’s chief executive Noel Quinn is to retire unexpectedly after five years, setting off a hunt for a successor at the UK-based bank. Quinn has overhauled the lender since taking charge in 2019, selling off

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer, a Labour and Co-operative party MP, chairs the cross-party public accounts committee in the House of Commons For more than a decade I’ve had the privilege of scrutinising how government spends taxpayers’ money,

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Grosvenor, the Duke of Westminster’s property company, is taking a big bet on flexible workspaces to meet West End office tenants’ post-Covid requirements and generate higher returns.  The group, which owns large parts of London’s

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. The writer is international policy director at Stanford University’s Cyber Policy Center and special adviser to the European Commission Western governments are racing each other to set up AI Safety Institutes. The UK, US, Japan

Apple has poached dozens of artificial intelligence experts from Google and has created a secretive European laboratory in Zurich, as the tech giant builds a team to battle rivals in developing new AI models and products. According to a Financial Times analysis of hundreds of LinkedIn profiles as well as public job postings and research

Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. Prices of non-food items in UK supermarkets have fallen year on year for the first time since 2021, taking overall shop inflation below 1 per cent, according to industry data that will come as a

BNP Paribas and Macquarie have become two of the latest banks to push back their expectations of US interest rate cuts. A team of economists at French bank BNP said in a note that they expect the first Federal Reserve rate cut to take place in December, later than previously anticipated. “In light of stronger-than-expected

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Skydance and Shari Redstone’s holding company are offering a $3bn investment in Paramount in an effort to win support for a complex merger that has frustrated investors and led to the departure of the Hollywood

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. WeWork’s senior creditors are poised to take control of the reorganised co-working space provider after agreeing to invest a fresh $450mn, effectively ending Adam Neumann’s attempt to purchase the company he founded. A federal bankruptcy

When Humza Yousaf tore up a power-sharing deal with the Scottish Greens last Thursday at Bute House, he sought to improve his nationalist party’s prospects by shifting away from the progressive policies associated with the coalition. Four days later, that political miscalculation boomeranged back on the first minister in historic fashion as Yousaf returned to

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. All political lives, remarked the UK politician Enoch Powell, end in failure. For Scotland’s pro-independence first minister, Humza Yousaf, the end has come far sooner than expected when he took office barely a year ago.

BHP’s unsolicited £31bn takeover approach for Anglo American has shaken up the mining industry, provoking speculation that the storied company is ripe to be sold or broken up. Anglo rejected the preliminary offer on Friday as “highly unattractive” but investors expect BHP to return with an improved deal or for a rival to emerge with

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Humza Yousaf’s resignation on Monday as Scotland’s first minister came less than a week after he ended a power-sharing deal between his Scottish National party and the Scottish Greens. Yousaf’s decision to step down fired

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel has significantly softened its stance on the conditions for a hostage deal with Hamas, raising hopes of a breakthrough in diplomatic efforts to end the war in Gaza. After weeks of deadlock, Israel has

Tesla founder and CEO Elon Musk met with a top government leader in the Chinese capital Sunday, just as the nation’s carmakers are showing off their latest electric vehicle models at the Beijing auto show. Chinese Premier Li Qiang told Musk that he hopes the U.S. will work more with China on win-win cooperation, citing

Actor Lucas Black recently shared that he has no regrets about stepping away from NCIS New Orleans in 2019 in order to put his family first. “I chose to step away from ‘NCIS New Orleans’ because the schedule was long hours and gruesome,” Black, the 41-year-old father-of-three, told The Christian Post. “There was only a