Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of our Inside Politics newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday Good morning. Families have been left in limbo by the
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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. British American Tobacco is to write down the value of some of its US cigarette brands by £25bn, in response to “macroeconomic headwinds” hurting combustible sales in its biggest market. BAT, whose North Carolina-based subsidiary Reynolds
Benjamin Netanyahu, at least in private, has been blunt about what Israel needs most to destroy Hamas: a steady supply of more US bombs. “We need three things from the US: munitions, munitions, and munitions,” the Israeli prime minister told a group of local government officials, according to a recording obtained by the Israel Hayom
Stay informed with free updates Simply sign up to the Cyber Security myFT Digest — delivered directly to your inbox. It may be the ultimate example of a digital poacher turned gamekeeper. After ransomware gang AlphV/BlackCat attacked MeridianLink last month, the hackers decided that the software company hadn’t complied with new Securities and Exchange Commission
Earlier this year the activist Jeff Ubben predicted that the first model of the environmental, social and governance investing movement would eventually disappear. It was a surprising claim for an investor who just three years before had launched a hedge fund inspired by Rachel Carson’s landmark environmental book, Silent Spring. But Ubben also predicted that
Stay informed with free updates Simply sign up to the Property sector myFT Digest — delivered directly to your inbox. Bank of Ireland is racing to avoid a loss on a loan against No 1 Poultry, the postmodern pink block that houses City restaurant Coq D’Argent, in a sign of the extent of the challenges
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US central bank will hold off on interest rate cuts until at least July 2024 and deliver less relief than financial markets expect, according to leading academic economists polled by the Financial Times. While
US President Joe Biden has told donors he may not be seeking re-election if Donald Trump wasn’t in the White House race, highlighting how opposition to the former Republican president is the main motivating factor behind his 2024 campaign. “If Trump wasn’t running I’m not sure I’d be running,” Biden said at a Democratic party
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nine out of 10 UK exporting manufacturers are facing challenges trading with the EU nearly three years after the post-Brexit trade deal came into force, according to a survey of British manufacturers. Make UK, a
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Elon Musk’s artificial intelligence start-up xAI is looking to raise $1bn in equity, according to a filing with the US securities regulator, as the billionaire races to challenge rivals such as OpenAI in the fast-growing
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US job openings fell to their lowest level in more than two years in October, another sign of a cooling labour market that sparked a rally in government debt as traders bet on less aggressive
Boris Johnson will be forced to revisit and explain how his government responded to coronavirus on Wednesday as he appears before the UK’s official inquiry into the pandemic. The chaos at the heart of Britain’s handling of Covid-19 has been laid bare in recent weeks, with testimonies describing a “toxic” culture in Downing Street and
Stay informed with free updates Simply sign up to the US financial regulation myFT Digest — delivered directly to your inbox. JPMorgan Chase chief executive Jamie Dimon hit out again at a variety of proposed new US bank regulations, telling lawmakers that the rules risked hurting low-income customers and would add more risks to the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The administrator for the company at the centre of René Benko’s property empire has sacked the party planners, receptionists, hunters and private jet crew that together made up most of its staff, a court application
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A surge in the number of Americans choosing “buy now, pay later” payment methods for their holiday shopping is raising concerns among advocacy groups that many lower-income consumers will find themselves struggling to pay their
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Wells Fargo is setting aside as much as $1bn for “unanticipated” severance costs in the fourth quarter of this year, as the US bank seeks to lower expenses and with fewer employees leaving voluntarily. Chief
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Indian businessman Prateek Gupta has accused employees of commodity group Trafigura of seeking his collaboration in covering up a multimillion-dollar trading fraud, London’s High Court heard on Tuesday. In one of the largest scandals to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thames Water wants to shed a reputation as ripe as the sewage it spilled into two rivers in southern England. Interim co-chief executive Cathryn Ross promised on Tuesday that Thames Water will be “honest” about
Stay informed with free updates Simply sign up to the EU trade myFT Digest — delivered directly to your inbox. Brussels has proposed delaying the introduction of tariffs on electric vehicle sales between the UK and EU by three years, agreeing to a request from London backed by the automotive industry. The European Commission will
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 The Open AI saga made it abundantly clear that democratic institutions ought to govern powerful AI
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK began the 20th century as Rome and the 21st as Italy. The latter comparison should not be taken very far: any fool can see that there are many differences between the UK and