BUSINESS

Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. The UK’s financial ombudsman will be overhauled to stop it acting like “a quasi-regulator”, the City minister said on Thursday, opening the door to the potential introduction of a new appeal process for companies … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sam Laidlaw, the former chief executive of Centrica, is out of the running to be the next chair of oil major BP. Laidlaw, who stepped down as chief of the British Gas owner in 2014, … Read more

Stay informed with free updates Simply sign up to the Exchange traded funds myFT Digest — delivered directly to your inbox. The first fund tracking a popular type of structured product launched in the US on Wednesday, in the latest sign that increasingly complex financial instruments are being packaged into stock market vehicles that can … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. EU lawmakers have reached a long-awaited political agreement to revamp how the bloc manages failing banks, in a move aimed at bolstering financial stability and minimising the impact on taxpayers. The deal, struck late on … Read more

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 back to Energy Source, coming to you from a sweltering New York. It turns out war in the … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jes Staley has failed in his high-profile bid to overturn a decision by the Financial Conduct Authority that he “recklessly” misled the regulator about his ties to convicted sex offender Jeffrey Epstein, in a major … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. As the Genius Act moves inexorably towards legislation, US banks are likely to come under more pressure to do business with stablecoin issuers and cryptoasset firms. But this might cause them new regulatory troubles. The … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Associated British Foods has upped the stakes in its stand-off with the UK government over the future of the country’s largest bioethanol plant, as a new trade pact with the US threatens to flood the … Read more