Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world A few weeks ago, a British government official privately joked to me that London’s markets have become “chained to a drunken dragon”. The reason? Gilt yields used to move (mostly) in response to … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Mohsin Issa, the co-founder of petrol station chain EG Group, is stepping down as the company’s chief executive ahead of the group’s planned initial public offering. Russell Colaco, the UK-headquartered company’s current chief financial officer, … Read more
Stay informed with free updates Simply sign up to the UK energy myFT Digest — delivered directly to your inbox. The introduction of zonal pricing for electricity would be “hugely challenging” for Scotland, the deputy first minister has warned, and urged the UK government to provide urgent certainty on the pivotal decision. Kate Forbes told … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Gauges of the market mood typically pick a point between fear and greed. What we have now is not quite either of those. It is a universe where muddling through and imminent disaster … Read more
Defence stocks have risen in value in recent years following Russia’s invasion of Ukraine, the conflict in Gaza and, most recently, US President Donald Trump’s declaration that Washington might not come to the aid of Nato members whose defence spending is too low. Trump’s view is that security budgets should be at least 5 per … Read more
Stay informed with free updates Simply sign up to the Investments myFT Digest — delivered directly to your inbox. Bunzl shareholders suffered a double blow last week. In a trading update that came a week earlier than planned, the FTSE 100 distributor of workplace supplies cut its full-year outlook, citing weakness in North America, where … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s financial regulator has belatedly recorded its planned enforcement action against star fund manager Neil Woodford on its official register, leading consumer groups and lawyers to brand the watchdog “inconsistent” and “confusing” in its … Read more
Stay informed with free updates Simply sign up to the ESG investing myFT Digest — delivered directly to your inbox. Investors pulled a record amount from “sustainable” funds in the first quarter of the year, in an early sign that the US backlash against environmental, social and governance-based investing is going global. While US investors … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The US Department of Justice may axe an important tool used to ensure companies that have broken the law do not do so again: monitors who continue to scrutinise corporate conduct after criminal … Read more
