UK regulator to ditch Northern Rock-inspired limits on building societies

Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. The Bank of England has announced plans to scrap rules restricting risk-taking at building societies that it imposed after the collapse of former mutually-owned lenders Northern Rock and Bradford & Bingley in the financial … Read more

Could the US coal industry make a comeback?

This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Welcome to Energy Source, coming to you from New York. Uncertainty and the threat of tariffs circled over the … Read more

BlackRock orders managing directors back to the office five days a week

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BlackRock is ordering senior managers to return to the office five days a week in the latest sign that large financial services groups are tightening their flexible working policies. The world’s largest asset manager is … Read more

Altice creditors brace for next showdown with Patrick Drahi

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Altice bondholders have formed an alliance to bolster their position ahead of the next round of restructuring of Patrick Drahi’s heavily indebted telecoms empire, just two months after the billionaire struck a €24bn deal with … Read more

Stablecoins should be treated as currency

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is founder & CEO of Digital Self Labs and visiting scholar on financial technology at Georgetown University Law School In 1758, an English mail coach carrying banknotes was robbed. The robber used one … Read more