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Small and medium-sized importers of food and plants from the EU will face punitive monthly charges running into tens of thousands of pounds when post-Brexit border checks come into force at the end of this month, industry bodies have warned. Fees on EU goods arriving at Dover and Eurotunnel, which handle the bulk of UK
Stay informed with free updates Simply sign up to the UK house prices myFT Digest — delivered directly to your inbox. Asking prices rose to a near-record level in April, driven by larger properties, according to data that points to a continuing recovery in the UK housing market despite recent volatility in mortgage rates. The
It’s a busy week for results with a smorgasbord of companies reporting quarterly results, including more of the Magnificent Seven, or Big Tech gang, whose ability to drive up US markets has been curtailed amid concerns about their ability to capitalise on AI. Also likely to be of interest is troubled aircraft manufacturer Boeing, reporting
Stay informed with free updates Simply sign up to the UK banks myFT Digest — delivered directly to your inbox. Complaints about “debanking” in the UK have surged in the past year as more customers turn to the industry ombudsman over concerns their accounts have been frozen or closed. Figures published on Sunday showed individuals
Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. The UK’s top financial regulator is facing a fierce backlash from the government and City executives over its plan to “name and shame” companies under investigation more frequently and at a much earlier stage.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Mark Menzies will step down at the general election expected later this year after the Conservative party said the MP’s conduct fell “below the standards” expected of him following allegations he misused campaign funds. The
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US is expected to blacklist a controversial Israeli military unit for alleged human rights abuses against Palestinians in the occupied West Bank, in its first sanctions against the Israel Defense Forces. The sanctions would
Ukraine faces tough weeks ahead in its fight to stem Russian battlefield advances despite this weekend’s passage of a long-awaited US funding bill, according to Ukrainian officials, soldiers and military analysts. The US House of Representatives passed the $60bn military aid package on Saturday night after months of delay that have left Ukraine short of
In this article CSCO GS EPD Follow your favorite stocksCREATE FREE ACCOUNT A Goldman Sachs logo is displayed on an android smartphone. Sopa Images | Lightrocket | Getty Images Macroeconomic woes and geopolitical tensions have been weighing on investor sentiment, shaking up the major averages in the past week. Investors seeking stability may want to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ireland faces the risk of serious potato shortages as heavy rains delay planting of its biggest vegetable crop and Brexit continues to complicate the supply of seeds. The Celtic nation, whose 94kg per head of
Intricate, multi-layered and opaque, the power structure of Iran’s regime can be a challenge for insiders to understand, let alone the world outside. While the country of almost 90mn appears to be under the strict control of a single cleric, the Islamic Republic’s ruling elite has in fact entered a period of significant change. As
Stay informed with free updates Simply sign up to the Geopolitics myFT Digest — delivered directly to your inbox. After many months of argument and hesitation, the House of Representatives has finally acted. The vote in Washington to provide $61bn in new military aid for Ukraine may be a turning point in the war with
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shabana Mahmood, the Labour shadow justice secretary, has defended the UK’s membership of the European Court of Human Rights, describing it as a privilege that has “protected the rights of thousands of British citizens” over
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BlackRock more than tripled its spending on home security for Larry Fink last year, after the asset manager’s chair and chief executive became a target for “anti-woke” activists and conspiracy theorists. The $10.5tn money manager
Missile attacks from the Houthis, Somali piracy, seizure by the Iranian Revolutionary Guards: ships have had more to navigate than just the seas this year — and owners are turning to professionals for help. Companies offering specialist maritime security services say demand is rising as shipowners seek to keep crews, ships and cargoes safe from
Why is the Church of England like the Chinese Communist party? If you can answer that without deviation, hesitation or, frankly, libel, then a bishopric is yours. Let’s just say that both have intriguing links with TikTok, the short video-hosting platform beloved by teenagers. Attempts by clergy to break into TikTok include the likes of
Only a 15-minute drive from the Kigali Convention Centre, whose dome lights up like a pinball machine every night, stands the less showy Hope Hostel in the Kagugu neighbourhood on the hills above Rwanda’s capital. When journalists were shown around the 50-room hostel in June 2022, the beds were made, the mosquito nets were hanging
The world’s largest commodity traders are investing heavily in data processing and analysis in a race to develop a technological edge over rivals. Groups such as Vitol and Trafigura, which traditionally relied on political connections, handshakes and logistical skill to move natural resources from remote locations to willing buyers, are increasingly focused on how to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Europe needs to be careful not to become “too protectionist” as it seeks to build up its defence industrial base in the wake of the war in Ukraine, one of the region’s biggest arms makers
Stay informed with free updates Simply sign up to the Technology sector myFT Digest — delivered directly to your inbox. If you still find it hard not to stare at yourself when you’re on a video call, then you are not alone. Nor should you worry that this betrays a distressing level of narcissism. The