Stay informed with free updates Simply sign up to the Eurozone economy myFT Digest — delivered directly to your inbox. Unemployment in the eurozone has increased from its record low, rising unexpectedly to 6.5 per cent as high interest rates and a stagnating economy start to take their toll on the region’s job market. Eurostat,
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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. Hundreds of thousands of self-employed people are “sleepwalking” into giant tax bills due to a little-publicised change to the way businesses report their profits. Tax experts have warned that many of those affected are unaware
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As Italy took the drastic step of imposing a nationwide lockdown in early March 2020, senior officials in Downing Street sat “laughing” as Britain’s European neighbour desperately tried to contain the spread of Covid-19.  The revelation came as a series of damning testimonies to the UK’s official pandemic inquiry this week laid bare a “toxic”
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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. When was the last time you thought about the computer chip in your laptop? For most people, the answer would be “never” — and they’d like to keep it that way. Like it or not,
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© AFP via Getty Images Danish shipping line AP Møller-Maersk will cut 10,000 jobs, almost a tenth of its workforce, after it reported sharp falls in revenues and profits in “a difficult market environment”. Maersk said it would cut its workforce to below 100,000, from 110,000 in January 2023, producing savings of $600mn next year
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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. Donald Trump’s son Eric turned testy on the witness stand on Thursday as he sparred with a lawyer for the New York attorney-general about his knowledge of the financial statements at the heart of a
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