Today In The Markets

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak is poised to drop plans to fine boiler makers who fail to meet strict production targets for heat pumps in the UK prime minister’s latest retreat from measures to tackle climate change Industry

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. One of the UK’s two state-of-the-art aircraft carriers will not take part in the largest Nato exercise in Europe since the cold war after last-minute checks identified a problem with its propeller. The Royal Navy

Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. Jeremy Hunt has ordered Whitehall’s fiscal watchdog to review the “tourist tax”, raising campaigners’ hopes that the chancellor is poised to reverse the policy. The Conservative government scrapped VAT-free shopping for international visitors to the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A former Clifford Chance lawyer has been acquitted of insider trading in a London trial after the judge ruled there was no case to answer. Suhail Zina was found not guilty by the jury on

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Labour is delaying plans to abolish the House of Lords as Britain’s main opposition party hones its policy platform ahead of the general election expected this year. Sir Keir Starmer’s party has axed proposals to

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Britain’s education secretary has admitted she cannot guarantee all parents in England will be able to access the government’s extended childcare offer. From April, the current entitlement to 30 hours of free infant care a

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The British people are disillusioned. That is the conclusion to be drawn from recent polling on their trust in their government and politics. This is bad enough in itself. But low political trust risks creating

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Taylor Swift could make history on Sunday if she wins music’s most coveted prize, album of the year, for a fourth time — becoming the first artist to do so since the Grammy Awards were

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. As Iran’s best-known moderate Hassan Rouhani was being blocked from the powerful body with responsibility to appoint the country’s supreme leader, his hardline successor as president, Ebrahim Raisi, was handed a clear run at the

Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. Top oil industry executives have hit out at US President Joe Biden’s decision to pause approvals for new liquefied natural gas export terminals, with Shell’s CEO warning it will “erode confidence” in an

Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. Senior industry professionals say they are worried about the growing involvement of overseas reinsurance firms operating outside UK regulation in corporate pension deals. Many UK businesses with large pension schemes have offloaded them to life

Stay informed with free updates Simply sign up to the Sovereign bonds myFT Digest — delivered directly to your inbox. Eurozone governments have rushed to raise debt early this year in an effort to take advantage of bumper investor demand. The bloc’s members have sold €200bn of bonds since the start of 2024. Issuance in

The grip of the so-called “Magnificent Seven” tech companies on US stock markets has loosened as investors focus on concrete results rather than solely on artificial intelligence’s potential. The seven largest tech groups — Microsoft, Apple, Amazon, Alphabet, Meta, Tesla and Nvidia — drove most of last year’s stock market gains as traders bet that

Stay informed with free updates Simply sign up to the US politics & policy myFT Digest — delivered directly to your inbox. The writer is a law professor at Texas A&M University and the author of ‘The Just and the Good: Twelve Laws That Made the Modern World’ (forthcoming) In December the Supreme Court in

As Jay Powell faced reporters on Wednesday following the US Federal Reserve’s first policy meeting of 2024, his mood was confident.  Hailing “six months of good inflation” and predicting more to come, the Fed chair said: “Let’s be honest: this is a good economy.” Maybe a little too good. On Friday, markets were stunned by

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Officials in the Bank of Japan have grown increasingly confident that the economy is robust enough to attempt an imminent exit from the world’s remaining negative interest rates. The central bank has become more bullish

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US forces have carried out a second phase of air strikes in response to the deaths of three American troops in Jordan last weekend, this time hitting targets in Yemen where Iranian-backed Houthi rebels have

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Michelle O’Neill was sworn in as first minister of Northern Ireland on Saturday, the first time a nationalist has held the post in a region created by partition in 1921 as a bastion of pro-UK

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Iran and Iraq have warned that a wave of US strikes against militants backed by Tehran could trigger greater instability across the region.  The US military said it hit 85 targets at seven facilities in