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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. The Post Office claimed tax relief on compensation it paid to victims of the postmasters scandal, sparking warnings that it risks a £100mn bill and insolvency if authorities rule the move unlawful. In its latest

Stay informed with free updates Simply sign up to the Oil myFT Digest — delivered directly to your inbox. Crude oil prices rose on Friday after the US and UK launched air strikes against Yemen-based Houthi rebels whose attacks against ships in the Red Sea threatened the flow of goods through one of the world’s

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US and the UK are preparing strikes against Iran-backed Houthi rebels who have been attacking commercial ships in the Red Sea. The US is expected to lead the military response against the Houthis after

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US Securities and Exchange Commission has approved the first spot bitcoin exchange traded funds in a watershed moment that cryptocurrency enthusiasts are betting will draw new retail and institutional investors into the market.  The

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak has announced new legislation to overturn the convictions of hundreds of sub-postmasters prosecuted by the Post Office in the Horizon IT scandal. The UK prime minister told the House of Commons on Wednesday

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK government awarded billions of pounds of contracts involving Fujitsu on Rishi Sunak’s watch after the Japanese company’s software was found to be at fault in the Post Office scandal in a landmark 2019

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. United Airlines has found loose bolts on some plugged doors of its grounded 737 Maxes, threatening to widen Boeing’s problems as it expands public scrutiny beyond the single plane that suffered a mid-air blowout on

Stay informed with free updates Simply sign up to the US banks myFT Digest — delivered directly to your inbox. A pile-up of bad debt threatens to sour investors’ growing optimism about the prospects for the US’s largest banks when they report fourth-quarter earnings this week. Non-performing loans — debt tied to borrowers who have

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Federal investigators in the US have launched a probe into how a section of a new Boeing 737 Max blew out mid-flight, as airlines in Turkey and Panama grounded their planes for inspection.  The withdrawals

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US federal regulators have temporarily grounded some Boeing 737 Max planes in American airspace after a section of an Alaska Airlines jet blew out in mid-air. The emergency directive from the US Federal Aviation Administration

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Economists believe the US jobs market weakened in December, bolstering the case for the Federal Reserve to consider cutting interest rates. A poll by Reuters showed economists, on average, predict data published on Friday will

Stay informed with free updates Simply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox. The share of electric cars sold in the UK fell for the first time last year, casting doubt over whether manufacturers will meet binding new green targets and prompting industry calls for tax cuts. Electric

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. British politicians should be wary of provoking a backlash in financial markets by increasing borrowing too quickly, the outgoing head of the UK’s Debt Management Office has said, ahead of a general election expected this

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Iran said two “terrorist attacks” killed more than 100 people near a commander’s grave on Wednesday, according to reports by state media. Two explosions in the southern city of Kerman hit crowds gathering to commemorate

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A senior Hamas leader has been killed in an explosion at one of the group’s offices in Beirut, an attack that Lebanon blamed on an Israeli drone strike.  Hizbollah, the powerful Lebanese militant movement, told

Record inflows into US money market funds in 2023 have triggered a multibillion-dollar fee bonanza for the asset management industry, which for years treated the product as a loss-leader. US money market fund providers – such as Fidelity, Vanguard and Charles Schwab – collectively earned $7.6bn in fees in 2023 as assets passed $6.3tn, according

Stay informed with free updates Simply sign up to the Equities myFT Digest — delivered directly to your inbox. Global stock markets are set to record their strongest year since 2019 following a blistering two-month rally as investors bet that major central banks have finished raising interest rates and will cut them rapidly next year.

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US has slapped sanctions on groups in Turkey and Yemen allegedly responsible for funnelling money to Iranian-backed Houthi rebels in a crackdown driven by their attacks on commercial vessels passing through the Red Sea.

Central bankers are rethinking their approach to economic forecasting after their high-profile failures to spot the most recent inflationary outburst, as officials argue for greater candour with the markets about the uncertainties they are confronting.  The European Central Bank, the Federal Reserve, the Bank of England and other official forecasters failed to see how the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK chancellor Jeremy Hunt has announced that the Spring Budget 2024 will be held on March 6. The fiscal event is seen by Downing Street as a crucial milestone in the run-up to a general