Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jeremy Hunt will on Wednesday give motorists a £5bn pre-election tax break in the Budget, as hopes rise among Tory MPs that the chancellor has mustered enough money to fund a surprise 2p income tax
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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. Chancellor Jeremy Hunt will use the Budget on Wednesday to cut personal taxes, as he scrapes together the money needed to fund a package intended to lift Conservative MPs’ spirits ahead of the general election.
Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. Chancellor Jeremy Hunt has warned ahead of Wednesday’s Budget that there is “a long path” ahead to cut Britain’s tax burden, as he admitted that recent official fiscal forecasts had made his task harder. Hunt,
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Ukraine could lose the energy war against Russia if stalled US aid does not arrive soon, the chief of the country’s largest private power producer warned. The call from DTEK chief executive Maxim Timchenko
It was dark when roughly 30 trucks of food reached an Israeli checkpoint on Al Rashid Street in Gaza City, a stretch of Mediterranean road dotted just four months ago with hotels, wedding halls and ice cream stands. But around 4am on February 29, videos shared by Palestinians show, it was a dystopian landscape —
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Joe Biden rebuked Israel on Friday, saying it had “no excuses” for not letting more aid into Gaza as he announced the US will soon begin airdropping food into the enclave. Biden’s announcement and criticism
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elon Musk has filed a lawsuit against OpenAI and its chief executive Sam Altman, alleging the ChatGPT-maker’s multibillion-dollar alliance with Microsoft has compromised the start-up’s original mission of building artificial intelligence systems for the benefit
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. George Galloway has won a divisive by-election contest in Rochdale with the firebrand politician threatening to inflame tensions in the UK parliament over Israel’s offensive in Gaza. Galloway won 12,335 votes on a 37.6 per
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Vladimir Putin has said that western support for Ukraine risks triggering a global war, in his most explicit threat to use nuclear weapons since he ordered the full-scale invasion of Ukraine two years ago.
Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. Jeremy Hunt has drawn up emergency Budget plans to scrap or scale back Britain’s “non-dom” tax rules, in the event that he needs to raise billions of pounds to fund mass-market pre-election tax cuts. The
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Alexei Navalny will buried in Moscow on Friday, with a memorial service set to take place in the neighbourhood where he lived for many years, according to the late Russian opposition leader’s team. The anti-corruption
Vladimir Putin’s forces have rehearsed using tactical nuclear weapons at an early stage of conflict with a major world power, according to leaked Russian military files that include training scenarios for an invasion by China. The classified papers, seen by the Financial Times, describe a threshold for using tactical nuclear weapons that is lower than
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Germany’s deputy chancellor said there was “no chance” of sending ground troops to Ukraine and, in a rebuff to France, told Paris it should instead supply Kyiv with more weapons. Robert Habeck rejected French
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. French President Emmanuel Macron said sending western troops to fight in Ukraine “could not be ruled out” and that Paris would drop its long-standing opposition to purchasing emergency artillery supplies for Ukraine from outside
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Citigroup has appointed top JPMorgan investment banker Vis Raghavan as head of banking, completing its new management team and attempting to jump-start an underperforming business. Raghavan is a 23-year veteran of JPMorgan Chase and had
Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. The widespread drop in global house prices that hit advanced economies has largely petered out, according to a Financial Times analysis of OECD data, leading economists to predict that the deepest property downturn in a
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump entered the 2024 election year with about 200,000 fewer donors than in the previous presidential campaign four years ago, raising questions about his fundraising machine just as legal bills eat into his war
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump has won the South Carolina Republican primary, inflicting another defeat on Nikki Haley in the race to win the party’s presidential nomination — this time in her home state. While Trump’s margin of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Warren Buffett has warned Berkshire Hathaway shareholders that his sprawling $905bn conglomerate has virtually “no possibility of eye-popping performance” in the years ahead, laying bare the challenges that will confront his successors. The so-called Oracle
Goldman Sachs chief executive David Solomon is facing a new wave of unrest inside the Wall Street bank, threatening a fragile peace among its partners. Solomon’s decision to accept a 24 per cent pay rise last week despite presiding over the bank’s worst annual earnings for four years has proved controversial, as has the staffing
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