Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK average mortgage rates fell for the first time since November 2021, according to data from the Bank of England, suggesting that the burden on homeowners is easing as lower borrowing costs filter through. The
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Corporate insolvencies in England and Wales rose to their highest level since 1993 last year, according to official figures that lay bare the challenges facing companies amid slowing demand and high production costs. There were 25,158
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The IMF has warned UK chancellor Jeremy Hunt against cutting taxes, arguing the country needs to curb public borrowing and prioritise spending in areas such as health, education and tackling climate change. Pierre-Olivier Gourinchas, IMF
An Arizona state senator is once again attempting to pass a law banning governmental contracts with companies, including banks that underwrite municipal bonds, that “discriminate” against the firearm industry. For the 2024 legislative session, Republican Frank Carroll introduced legislation that would take the question to voters, bypassing Democratic Gov. Katie Hobbs, who vetoed his bill
Stay informed with free updates Simply sign up to the Geopolitics myFT Digest — delivered directly to your inbox. We can no longer hold out hope that it was an AI-generated deep fake. Last autumn, Rishi Sunak really did interview Elon Musk on stage. To repeat, a serving head of government took the junior role
Since the start of the war in Gaza, Israel’s armed forces have pursued their twin objectives — “dismantling” Hamas rule in the territory and rescuing all remaining Israeli hostages seized by the group — with ferocity and determination. Three months on, however, many in Israel, including Gadi Eisenkot, a member of the war cabinet, have
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. 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. A deal has been reached to restore power-sharing
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK financial regulators have fined HSBC £57.4mn for “serious failings” in safeguarding the deposits of some customers over a period of seven years. The BoE’s Prudential Regulation Authority said on Tuesday that it was imposing
Stay informed with free updates Simply sign up to the Accountancy myFT Digest — delivered directly to your inbox. The Big Four accounting firms have admitted hundreds of violations of regulations designed to protect the independence of their audit work, following the introduction of new disclosure rules in the US. The admissions come as the
Stay informed with free updates Simply sign up to the Chinese politics & policy myFT Digest — delivered directly to your inbox. The ambient sound of most modern western art is liberalism. Or at least, liberalism after a fashion: while very few mass-market blockbusters that come out of America — whether in print, or on
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is director of economic policy studies at the American Enterprise Institute Donald Trump and Joe Biden differ in many important ways, but both reject the broad consensus that largely governed economic policy in
British businesses have experienced a stark increase in the complexity and cost of trading with the EU since the UK left the bloc, spending an average of nearly £100,000 navigating the post-Brexit customs border over the past three years, new data has revealed. A survey of 1,001 senior decision makers working in UK-based businesses that
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Northern Ireland’s biggest pro-UK party has agreed a deal to restore the power-sharing executive after nearly two years of political paralysis, its leader Sir Jeffrey Donaldson said. Speaking to reporters in the early hours of
VIENNA, AUSTRIA – NOVEMBER 25, 2022: Karin Teigl is seen wearing Hermès yellow leather mini Kelly, Baum & Pferdgarten green leather jacket, Lumina beige cropped turtleneck sweater and vintage checked green yellow pants. Jeremy Moeller | Getty Images Quiet luxury was one of last year’s biggest viral fashion trends on social media — but unlike
Managing Partner and the Head of Research at Fundstrat Global Advisors, speaking on CNBC’s The Exchange on Oct. 31st, 2023. Adam Jeffery | CNBC Investors are embarking on a hectic week with key tech companies reporting and a big Federal Reserve meeting – and it could shape the next steps for the stock market’s rally,
Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. UK shop price inflation eased sharply in January to its lowest rate in almost two years as retailers heavily discounted goods during a weak sales period, according to industry data. The British Retail Consortium said
The US is reinstating sanctions on Venezuela’s state-owned miner Minerven following a ban on the candidacy of opposition leader María Corina Machado in upcoming elections. The US Treasury department on Monday ordered a wind-down of transactions with the company by February 13. In October, Washington relaxed its sanctions for six months on oil, mining, and secondary
Stay informed with free updates Simply sign up to the US-China relations myFT Digest — delivered directly to your inbox. US and Chinese officials will this week hold talks aimed at stemming the flow of chemicals from China used to make fentanyl as they implement a deal struck by President Joe Biden and President Xi
For years, Arab and western officials have kept a watchful eye over an arid tract of land in a remote corner of the Middle East, where US troops, Iran-linked militias and the remnants of Isis all operate. Tehran-backed militants sit at checkpoints and makeshift bases along the strategically important Baghdad-Damascus highway, which they long ago
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US military failed to stop the enemy drone that killed three of its service members after mistaking it for an American drone that approached a base near Jordan’s border with Syria at the same
Municipals were little changed to start the week, while U.S. Treasuries were firmer and equities were up late in the trading session. The muni market enters 2024 with “stable credit fundamentals, supportive demand/supply dynamics, and low [muni-UST] ratios and compressed credit spreads,” said Adam Stern, co-head of research at Breckinridge. On the technical front, he