Category: News
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Starmer vows tough reforms and seeks to calm markets
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK Prime Minister Sir Keir Starmer has sought to reassure nervous markets that his government will not become addicted to tax and spend after this week’s Budget, as he promised to carry out tough reforms…
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Barclays’ chief defends Reeves as business criticises Budget tax rises
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…
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UK borrowing costs hit highest level this year as gilt sell-off intensifies
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Did Labour mislead UK public ahead of Budget?
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Reeves announces £40bn tax increase in UK Budget
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UK borrowing costs hit post-election high on eve of Reeves’ first Budget
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Jeremy Hunt attempts to block OBR report on £22bn ‘fiscal hole’
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PwC profits fall in Asia after scandals in China and Australia
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Policymakers warn protectionism threatens global economic recovery
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Iran signals it will not retaliate immediately after Israel attack
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Middle East awaits Iran’s move after Israeli air strikes shake Tehran
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Israel launches wave of strikes on Iran
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EU races to prepare for a Trump win
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Indonesia expresses intention to join Brics
Millennium Management, one of the world’s largest hedge fund managers,is considering launching a standalone fund to invest in less liquid assets, including private credit, according to people familiar with the situation. Such a move would mark the first time since it began trading 35 years ago that Izzy Englander’s group has launched a new fund.…
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Rachel Reeves: My fiscal rules will provide the stability on which growth depends
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is chancellor of the exchequer The Budget next week will deliver on the promise of change. That change will be driven by this government’s number one mission — to deliver sustainable growth after…
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RIP John ‘Mac’ McQuown, the OG quant
Pioneers sometimes get undue credit for simply being the first of many trying to reach the promised land. Even if they had never been born, their discovery would have happened around the same time anyway. Other times they become the figurehead of what was really a collective breakthrough. But if there was a true father…
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UK water regulator could be scrapped in ‘root and branch’ review
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Solving the UK’s consumption conundrum
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is an external member of the Bank of England’s Monetary Policy Committee An old mentor used to consult women’s dress sales when he wanted to know what was going on with the economy,…
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Nuclear energy stocks hit record highs on surging demand from AI
Shares in nuclear energy companies surged to record highs this week after Amazon and Google struck landmark power supply deals, boosting efforts to deploy the first small modular reactors (SMRs) in the US. The share prices of US-listed SMR developers Oklo Inc and NuScale power rose by 99 per cent and 37 per cent respectively…
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In search of art without an argument
Stay informed with free updates Simply sign up to the Life & Arts myFT Digest — delivered directly to your inbox. The main character in Coriolanus, which is on at the National Theatre in London, is what we would nowadays call a fascist. He respects very little in the field of human endeavour outside of…