Cutting VAT from energy bills is a painkiller, not a cure
Fighting cost-of-living pressures this way may symbolise change but it cannot be a long-term solution
Fighting cost-of-living pressures this way may symbolise change but it cannot be a long-term solution
Insurance market says John Neal’s behaviour fell ‘significantly below the standards expected’
Goldman Sachs warns Brent crude price could jump to $120 if Strait of Hormuz remains ‘disrupted’
Figure comes as Prime Minister Andy Burnham seeks to cut cost of living
Pub chain hit by weak sales and cost rises
New prime minister says measure will reduce prices by up to a third for millions of people
Falling fuel prices are a big contributor to lower annual rate, but US-Iran ceasefire collapse means trend won’t last
Controversial plan comes after months of fruitless attempts to advance US peace deal for the enclave
Spanish lender’s net income rises 3% after taking €250mn charge related to acquisition of UK high street bank
Growing unemployment and anger over education system pose serious challenges to premier
Plus, tariffs force trading down, not price cuts
Ackman’s American dream; start-up postmortem; Palantir’s nemesis; Huang’s $1mn jacket
Robin Wigglesworth talks to Robert Armstrong
Also in this newsletter: more US-EU trade deal jitters
The fog of Warsh
Also in today’s newsletter: Ukraine military shake-up and Wirecard’s Marsalek
US sportswear brand has struggled in one of its most important markets
Japanese currency falls under ¥163 to the dollar for first time in almost 40 years
Watch the latest episode from the FT podcast exploring the history of finance
Fortress Investment Group’s ambitious intercity passenger rail project in Florida is so far a financial calamity
Fahnbulleh was head of a think-tank when it pushed for a total end to new drilling in the North Sea basin
Reversal marks dramatic shift from recent years when sector was seen as more resilient to changes in financial markets
China’s high degree of self-sufficiency also reduces its vulnerability to coercion by others
Those willing to venture outside London should find they have less competition for good companies