UK, US and global politics: what students should know
Read FT articles picked by our teacher advisers
School politics class: Starmer too ‘weak’ to sack Streeting, prime minister’s allies admit
PM and Cabinet
Fractured US relationship muddles EU-Nato ties
Also in this newsletter: Meloni joins Trump’s ‘Board of Peace’ as an ‘observer’
Warsh’s war on the Fed balance sheet
A dramatic reduction in reserves could be a cure worse than the disease
FTAV’s further reading
Data centre accounting; bonds in catastrophe; AI (various); Epstein (various); legislation; and planes
FirstFT: EU banking M&A deals surge to post-2008 high
Also in today’s newsletter: Russia’s Wagner Group recruits saboteurs, and bloc’s caution around Hungary’s Orbán
Transcript: Mandarin mayhem
Lucy Fisher talks to Miranda Green, Stephen Bush and Chris Smyth
The best of TV and streaming this week
‘How to Get to Heaven from Belfast’ is an entertaining ride from the Derry Girls creator; Ryan Murphy’s ‘Love Story’ turns its gaze on JFK Jr and Carolyn Bessette; ITV spy thriller ‘Betrayal’ boasts star turns by Romola Garai and Shaun Evans; ‘Lord of the Flies’ gets its first-ever TV adaptation on
Populists are losing a Maga tug of war over US antitrust policy
Gail Slater’s exit suggests pro-business Republicans are ascendant in Donald Trump’s justice department
Germany vows more defence tech funding after backlash over tanks
Senior officials will direct more money towards innovation following criticism of reliance on ‘legacy’ systems
Boardroom pay deserves a rethink
As demands intensify and listed companies compete for talent with private capital, pay needs to be re-evaluated
US scientists gear up for next battle over funding cuts
Science leaders warn of uncertainty caused by Trump administration after avoiding sharpest cuts this year
UK overseas aid cuts to outstrip those of Trump administration
Spending will drop by 27 per cent this year from 2024 levels to help fund higher defence budget
EU cross-border banking deals jump to highest since 2008 crisis
Lenders’ rising profits make international mergers more attractive despite regulatory hurdles
Student loans show that hard policy choices will only get harder
The debate over university funding is a good example of the intractable challenges facing the UK government
Getir founders sue Mubadala for $700mn over break-up of assets
Entrepreneurs behind food delivery start-up sue Gulf sovereign wealth fund in London
The best skincare under £30 – as recommended by a beauty expert
Because great skin does come in cheaper packages
EU tones down criticism of Viktor Orbán ahead of election
European Commission wary of giving longtime Brussels antagonist ammunition during campaign
The 1,000 tonnes of uranium in the crosshairs of Isis
Niger wants to sell yellowcake stash seized from France but is struggling to find buyers
Schroders sells out to US rival
Plus, UK wealth shares drop, fears of a credit bubble and Pulp at End of the Road
US offshore wind farms try to withstand the force of Trump’s wrath
Companies are racing to finish projects that can keep the industry alive in the face of high-profile opposition
Soaring gold price forces vaults to reduce insurance cover
Some operators are taking more risk on their balance sheets and moving reserves between sites
Dollar weakness unlikely to trigger reaction from global central banks
Trump’s policies are pushing global investors away but alternatives to US are also becoming more attractive
UK food industry warns of problems with EU exports deal
Government has promised a so-called ‘veterinary agreement’ with Brussels by the end of the year