British Steel’s auditors warn of ‘material uncertainty’ as it battles to survive

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. British Steel’s auditor has warned the company faces “material uncertainty” and requires “further future funding” if it is to survive, in an assessment released only days after its Chinese owner turned down an offer of … Read more

Hedge funds fight over one of Europe’s largest lingerie brands

Stay informed with free updates Simply sign up to the Hedge funds myFT Digest — delivered directly to your inbox. Hedge funds are battling over the debt of one of Europe’s largest lingerie brands, as US-style so-called creditor-on-creditor violence seeps into the continent’s markets. Redwood Capital this month seized control of Dutch lingerie retailer Hunkemöller, … Read more

Larry Fink warns ‘protectionism has returned with force’ as Trump tariffs loom

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BlackRock chief executive Larry Fink told shareholders in the world’s largest asset manager that “protectionism has returned with force”, days before US President Donald Trump is set to escalate a tariffs war with America’s trading … Read more