EU vows to maintain Russia sanctions after US pivot

European leaders close ranks around Volodymyr Zelenskyy following Donald Trump’s fuel deal with Moscow

No, Sally Rooney’s books are not ‘banned’ from the UK

Author’s decision to halt sales puts spotlight on proscription of Palestine Action and perceived shortcomings of Terrorism Act

Inside this Hudson Valley home, every room is a time capsule

Geoff Howell’s 19th-century house is a set piece of precious finds

From fashion to finca: the McQueen PR who escaped to Ibiza

Clara Johansson is creating a wellness retreat inspired by Ett Hem and Hotel Chelsea

Tim Smit on the glories of the Eden Project – 25 years later

The co-founder tours his Lost World

ELV Denim is bringing a couture touch to Sanderson offcuts

Want a sofa to match those bootcuts?

My lifelong obsession with €15k classic cars

Keep your supercars, there are few thing in life so great as an old Volkswagen Passat

Antoine Billore – the cheekiest boy in antiques

Nude selfies first got his business noticed. It’s still irreverent, but fully dressed

G7 economies plan simulated AI attacks on banks as cyber fears rise

Finance ministers agree to hold tabletop drills to prepare against future cyber attacks

Healey signals tax raid on banks in Budget

Chancellor points to looming ‘decisions’ as financial services sector braces for higher levies

Bets on Fed rate hold in October strengthen after Warsh comments

US central bank chair says economy has ‘broadly conformed with our expectations’ since rate increase in September

Transcript: Lessons in communication for Kevin Warsh. With Chris Giles

Soumaya Keynes talks to Chris Giles

FTAV’s further reading

Frexit; midnight snacks; Scotland vs Norway

Hiding from the everything trade

Unhedged readers on how to hedge AI risk

EU resists bid to weaken emissions rules as leaders spar over energy costs

Also in this newsletter: Orbán’s favourite Brussels think-tank rebrands

So. About next year’s earnings . . .

Beat IT

The data centre IPO debacle that sparked a market meltdown

Decisions by Australian groups Firmus and AirTrunk have added to concerns about the AI borrowing frenzy

FirstFT: Healey signals tax raid on banks in UK Budget

Also in today’s newsletter: London’s UBS HQ offer and Merz vows to fight on

Business School Debates

Topical issues for classroom discussion. This series hosts short case studies on contemporary business dilemmas for professors and students, written by academics who provide insights and questions on themes from supply chains and artificial intelligence, to marketing and accounting

Wall Street’s AI wobbles

Investors are dumping data centre bonds and abandoned listings are piling up

Transcript: Investors fret over AI debt

Marc Filippino talks to Michelle Chan, Katie Martin and Martin Wolf

Young people to receive less cash under proposed welfare reforms

Former Labour cabinet minister is finalising review into the million young people not in education, employment or training

Why law firms should resist the lure of the AI spin-off

A carve-out could raise capital, but it’s a crowded sector and valuations don’t accord with the sector’s lack of profitability

Anthropic secured highest junk credit rating in June

Kroll Bond Rating Agency’s judgment sets up AI lab for investment-grade status