UK defence secretary resigns over spending plan
John Healey says Keir Starmer ‘unable’ and Treasury ‘unwilling’ to provide essential budget
US and Iran exchange fresh wave of strikes
Escalation of hostilities comes as Trump piles pressure on Tehran to agree a deal
FT readers tell us how AI is changing their jobs
A special postbag edition
AI-generated film about Iran protests turns tragedy into slop
The first such movie accepted by a festival, ‘Dreams of Violets’ portrays victims of state brutality without capturing their humanity
Burnham rules out cash for Waspi women after Labour backlash
Leadership hopeful’s hints at large spending commitments had raised fears over risk to UK fiscal position
Latest savings rates
Up-to-date deals from banks and building societies
Latest Isa rates
Up-to-date tax-efficient savings deals
Collector Christian Duerckheim: ‘I want a painting that nobody has seen before’
A selection from the retired German industrialist’s collection at Porto’s Serralves Foundation shows a taste for the challenging
Why opposition to battery storage projects is growing across the US
Resistance is rising as the technology becomes more essential to meet surging power demand
Latest National Savings & Investments rates
Current rates from the state-owned savings bank
Gold sinks to 6-month low as speculative investors exit
Bullion set for worst quarter in almost a decade as Iran war, expectations of US rate rises and SpaceX IPO weigh on price
MFS auditors investigated by UK accountancy regulator
FRC probes firms that signed off accounts across collapsed UK mortgage lender’s network
FirstFT: Iran threatens Hormuz after renewed US strikes
Also in today’s newsletter: Brokers prepare for SpaceX test and prediction markets take $2bn bets ahead of World Cup
Environmental reporting non-profit group CDP strikes private equity deal
Permira to take majority stake in core operations under energy transition strategy
How bond markets can learn to love public debt
There is ample room to be expansive within market-friendly fiscal rules
Artificial chocolate will show what really shapes global trade
Lab-grown cocoa is the latest synthetic commodity to challenge a natural product
Wanted: a World Cup fairy tale, complete with heroes — and villains
The role of bad guy used to be Germany’s. It’s up for grabs now
Sneaker designer Philéo Landowski’s guide to Tokyo
The French creative prodigy on the capital’s coolest book stores, thrift finds and noodles
The SpaceX ETF versus ‘hot money’ IPO arbitrageurs
Daily liquidity meets SpaceX FOMO, and daily liquidity blinks first
‘Anything could happen’: SpaceX IPO poses big test for Wall Street banks
Elon Musk’s rockets-to-AI group is listing at a fixed price during a bout of volatility in US markets
World Cup of disunity kicks off in Mexico
Mexican team takes on South Africa as the three hosts feud and fans fear US immigration crackdown
Beijing online shopping warning hits shares in Chinese tech groups
Alibaba and JD.com admonished by regulator for misleading sales tactics during ‘6.18’ event
Meloni wins conditional EU backing for Albania asylum centres
Controversial plan to hold migrants offshore during processing has faced several legal hurdles
After the final whistle: media groups battle for World Cup attention
YouTube, podcasts and live events are opening new ways to monetise the tournament