Stay informed with free updates Simply sign up to the Accountancy myFT Digest — delivered directly to your inbox. The Big Four accounting firms have admitted hundreds of violations of regulations designed to protect the independence of their audit work, following the introduction of new disclosure rules in the US. The admissions come as the
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British businesses have experienced a stark increase in the complexity and cost of trading with the EU since the UK left the bloc, spending an average of nearly £100,000 navigating the post-Brexit customs border over the past three years, new data has revealed. A survey of 1,001 senior decision makers working in UK-based businesses that
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Northern Ireland’s biggest pro-UK party has agreed a deal to restore the power-sharing executive after nearly two years of political paralysis, its leader Sir Jeffrey Donaldson said. Speaking to reporters in the early hours of
Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. UK shop price inflation eased sharply in January to its lowest rate in almost two years as retailers heavily discounted goods during a weak sales period, according to industry data. The British Retail Consortium said
The US is reinstating sanctions on Venezuela’s state-owned miner Minerven following a ban on the candidacy of opposition leader María Corina Machado in upcoming elections. The US Treasury department on Monday ordered a wind-down of transactions with the company by February 13. In October, Washington relaxed its sanctions for six months on oil, mining, and secondary
Stay informed with free updates Simply sign up to the US-China relations myFT Digest — delivered directly to your inbox. US and Chinese officials will this week hold talks aimed at stemming the flow of chemicals from China used to make fentanyl as they implement a deal struck by President Joe Biden and President Xi
For years, Arab and western officials have kept a watchful eye over an arid tract of land in a remote corner of the Middle East, where US troops, Iran-linked militias and the remnants of Isis all operate. Tehran-backed militants sit at checkpoints and makeshift bases along the strategically important Baghdad-Damascus highway, which they long ago
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US military failed to stop the enemy drone that killed three of its service members after mistaking it for an American drone that approached a base near Jordan’s border with Syria at the same
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. 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
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
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
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
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. 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. 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. 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 & 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. 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 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