Why do I have so much in UK equities?
British pension schemes will soon be forced to support my portfolio
The Mandelson Starmer saga stumbles on
Plus: Electricity prices, deportation plans, and dodgy degrees
The best books of the week
From Mary Beard’s love for the classics to the dynasty behind Fidelity and the dynasty that rules North Korea. Plus fiction by Lucy Caldwell, Amitav Ghosh and Suzi Feay’s pick of debuts
Hey, Good Morning, How Are You? — an unsettling story of art and ageing
A romance scam takes an unexpected turn in Martina Hefter’s German Book Prize-winning novel, her first translated into English
Attorney-general Richard Hermer: ‘I’m optimistic we’re going to win the next election under Keir’
The UK government’s chief legal adviser on the Starmer people don’t see — and why the Chagos deal is about security not surrender
How quickly can Gulf oil start gushing again?
Schrodinger’s Strait
Underlying inflation remains on track for Bank of Japan rate normalisation
But the central bank will pause in June amid Iran uncertainty
Lotus unveils plug-in hybrid in latest luxury car pivot away from electric
British sports-car maker to launch Chinese-made Eletre X in Europe in June
BP’s ‘relentless simplification’ drive sparks transparency concerns
Also in today’s newsletter, development finance in an age of ‘trade over aid’
Collapsed Century Capital lacked approvals, administrators find
Report into bridging lender finds 2 vehicles did not have anti-money laundering registrations
Michael Tilson Thomas, conductor and composer, 1944-2026
His musical open-mindedness and gift for communication made him the natural heir to Leonard Bernstein
Lolo Zouaï: Reverie — a melodic album for a multilingual music market
The French-Algerian singer, who has written for K-Pop acts like New Jeans, explores her roots in these dreamy tracks
Binary Puzzle Number 106
Is it time to pave over London’s golf courses?
Often underused green spaces are being targeted as a creative solution for sclerotic housebuilding rates in the capital. But environmentalists are calling the plan a duff
Mini Crossword Number 106
Word Circle Number 106
The best theatre shows to see in London and beyond
White House accuses China of ‘industrial-scale’ theft of AI technology
Trump official Michael Kratsios says Chinese entities stealing from American labs
Intel shares set to hit record high on AI sales boom
CEO says US chipmaker has made ‘fundamental’ changes after year-long turnaround
British retail sales rose 0.7% in March as motorists stocked up on petrol
Better than expected figure underlines impact of Middle East conflict
ECB steps up its challenge to Visa and Mastercard
Central bank picks technology rules that will pave way for digital euro by 2029
The Americas’ Fastest-Growing Companies
The FT’s seventh annual ranking by compound annual revenue growth. Plus: how listed companies overcome obstacles; AI and defence start-ups dominate investment; the US and China in Latin America; and technology shakes up Canadian wealth management
Is my SUV large enough?
Too large. Too ugly. Too dangerous. But can I really afford not to go big?
A garden lover’s guide to County Laois, by Catherine FitzGerald
The landscape designer tours the verdant highlights of her hometown