The writer is director and chief executive of Chatham House, a think-tank Better that Labour’s intentions towards Europe become clear now. Better for voters in the next general election, obviously, but better for the party itself that contradictions in this most important plank of its foreign policy are resolved early. That was one useful product
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Receive free Currencies updates We’ll send you a myFT Daily Digest email rounding up the latest Currencies news every morning. The dollar climbed to a six-month high on Friday at the end of a week when US stock and bond markets weakened and investors prepared for a prolonged period of high interest rates. The currency
Crispin Odey faces the first lawsuit stemming from allegations against the financier of multiple instances of sexual misconduct over decades. Two of his alleged victims have submitted a civil claim in the high court against him and the hedge fund firm he founded, Odey Asset Management. The court granted anonymity for the two women during
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. Dinner with the UK chancellor, golf with David Cameron and a “political night in” with ministers and advisers were among the items auctioned at an exclusive Conservative party fundraiser on Thursday
Receive free Eurozone economy updates We’ll send you a myFT Daily Digest email rounding up the latest Eurozone economy news every morning. Eurozone businesses were hit by the biggest fall in new orders for almost three years, as price pressures cooled and demand for hiring new staff remained weak, increasing fears of an economic contraction
Anna Wintour would like us to meet for lunch at The Ritz London, but when I inquire about a table for an FT interview, the restaurant turns me down. A call from one of Wintour’s two personal assistants later, and the receptionist emails to apologise: “I was not aware you were attending with Anna Wintour.”
Receive free Renewable energy updates We’ll send you a myFT Daily Digest email rounding up the latest Renewable energy news every morning. Climate news sometimes feels almost too painful to read. I had to force myself to get through last week’s report that levels of Antarctic sea-ice are shrinking at “mind-blowing” speeds. But while the
Receive free UK economy updates We’ll send you a myFT Daily Digest email rounding up the latest UK economy news every morning. UK economic activity has fallen at the fastest pace since January 2021, according to a closely watched survey that suggests the chances of a recession have increased. With service sector activity weakening, the
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. Scoop! Rishi Sunak is planning to implement an international baccalaureate-style system in England as part of his reboot, our team reveals. Some more thoughts on that below. Inside
Receive free Microsoft Corp updates We’ll send you a myFT Daily Digest email rounding up the latest Microsoft Corp news every morning. Microsoft’s proposal to acquire Activision Blizzard took a big step forward on Friday after the UK’s competition regulator provisionally accepted the tech company’s amendments to the $75bn takeover of the Call of Duty developer.
Receive free UK retail sales updates We’ll send you a myFT Daily Digest email rounding up the latest UK retail sales news every morning. British retail sales rebounded in August boosted by spending on food and clothing, according to official data published on Friday. The quantity of goods bought in Great Britain increased by 0.4
Twitter was a clown car that fell into a gold mine, then a gold mine that fell to a car clown. Now it’s a metaphor of sorts. By buying and killing Twitter, Elon Musk has become its persona, its real-world avatar. This works a little like how dogs and their owners come to resemble each
Receive free Global Economy updates We’ll send you a myFT Daily Digest email rounding up the latest Global Economy news every morning. You wouldn’t typically think of affirmative action advocates and anti-immigration nativists as being bedfellows. The former group skews young and is composed overwhelmingly of progressives, and the latter skews old and conservative. But
Receive free Bank of Japan updates We’ll send you a myFT Daily Digest email rounding up the latest Bank of Japan news every morning. The Bank of Japan has maintained its low interest rates, signalling that it will remain in stimulus mode despite mounting speculation in financial markets that an exit from decades of ultra-loose
Receive free Airlines updates We’ll send you a myFT Daily Digest email rounding up the latest Airlines news every morning. Airline passengers in Europe face the prospect of higher ticket prices following a rally in the price of oil which has threatened carriers’ booming profits. Crude oil has risen to $95 per barrel this week,
For the better part of three decades, media and political operators have obsessed over the question of who would succeed Rupert Murdoch, the most powerful person in news across the English-speaking world. Murdoch kick-started the speculation in 1994, when an Australian business magazine asked him about succession: “I expect to do it in about 30
Yair Lapid, head of Israel’s largest opposition group, said the prospect of the country establishing full relations with Saudi Arabia was ‘welcome’ © Bloomberg Israel’s opposition leader has hit out at the idea of allowing Saudi Arabia to enrich uranium in the kingdom, warning such a development would pose a threat to the Jewish state’s
Receive free Labour Party UK updates We’ll send you a myFT Daily Digest email rounding up the latest Labour Party UK news every morning. The writer is the shadow chancellor “All we ask for is stability.” The words of a chief executive to me a little less than a year ago in the wake of
Receive free UK schools updates We’ll send you a myFT Daily Digest email rounding up the latest UK schools news every morning. Rishi Sunak is exploring a radical reshaping of A-levels with a new “British baccalaureate” to modernise England’s education system, according to senior Whitehall insiders. The UK prime minister’s plans to reform academic post-16
Receive free Private equity updates We’ll send you a myFT Daily Digest email rounding up the latest Private equity news every morning. The Federal Trade Commission has brought its first antitrust lawsuit under chair Lina Khan challenging serial acquisitions by private equity firms, accusing Welsh, Carson, Anderson & Stowe of a “multiyear anti-competitive scheme” targeting
Receive free Mergers & Acquisitions updates We’ll send you a myFT Daily Digest email rounding up the latest Mergers & Acquisitions news every morning. The writer is chair of the Federal Trade Commission In 2012 a New York-based private equity firm, from its Park Avenue offices, saw that there was a fragmented market for anaesthesia