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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. Barclays’ chief executive CS Venkatakrishnan has defended Rachel Reeves’ tax-raising Budget, arguing the UK chancellor had done an “admirable job” of balancing spending, borrowing and taxation despite a backlash from company bosses about the increased

Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. Carlsberg, Estée Lauder and AB InBev have warned of a sales slump in China, underscoring the difficulty for Beijing of reviving the fortunes of the world’s second-largest economy. Chinese political leaders and the central bank

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Parents who employ nannies could see their annual childcare bills jump by more than £1,000 from April under measures announced in this week’s Budget. The chancellor’s key tax-raising policy will see employers’ national insurance contributions

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Advisers are racing to rethink UK retirement savings plans after Rachel Reeves’ Budget set out an overhaul to how the government taxes pensions by bringing them under the inheritance tax regime from April 2027.  Inheritance

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UK chancellor Rachel Reeves has now presented her first budget. Deep exhale. What does it mean for gilts? Tl;dr, it’s not a bondholder’s dream. But nor is it the stuff of nightmares. All was going so well for gilts. When Reeves stood up to speak in parliament on Wednesday, 10-year gilts had already rallied around

Stay informed with free updates Simply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox. The expressway from Shenzhen to Dongguan and Guangzhou, through one of China’s industrial heartlands, boasts almost every vehicle the global market has to offer. Toyota sedans weave aggressively between industrial tankers; sleek Maybachs and Mercedes

This article is an on-site version of Martin Sandbu’s Free Lunch newsletter. Premium subscribers can sign up here to get the newsletter delivered every Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters There are five days to go, but even the best coverage of the US presidential election cannot give

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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. Stellantis’s revenue fell 27 per cent in the third quarter as the owner of Peugeot, Fiat and Jeep suffered sharp sales declines in the US and Europe. But shares in the group were up more

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