Intertek board to agree to £10bn takeover by EQT
Deal is latest take-private of a UK-listed company
UK labour market’s gradual weakening justifies extended BoE hold
Slowing pay growth in private sector will reassure rate-setters but data provides no reason to rush into a cut
Tesco’s UK sales growth slows despite rise in market share
Supermarket chain maintains cautious outlook amid conflict in Middle East
UK wage growth slows to lowest rate in five years
Slowdown will reinforce case for Bank of England to leave rates on hold
Octopus founder says climate policies must address energy costs
Remarks come ahead of pivotal English by-election
Toymaker Tonies strikes Bluey deal as it aims to double revenue
German group signs agreement to bring Australian cartoon to its audio speaker Toniebox
FTAV’s further reading
Billions; indices; numbers; disinfo; defense; planning; privileges; migration; Norway
Kevin Warsh’s debut
Hawkish overtones, dovish undertones
How Ukraine’s membership urgency could split the EU leaders’ summit
Also in this newsletter: Standing up for legacy national TV
FirstFT: Warsh ushers in new Fed era
Also in today’s newsletter: Makerfield by-election and US-Iran deal
Transcript: Jaishankar and Nusseibeh on the challenges of a world at war
Gideon Rachman talks to Dr Subrahmanyam Jaishankar, Lana Nusseibeh and Elina Valtonen
Transcript: Federal Reserve gears up for change
Marc Filippino talks to Claire Jones and Zijing Wu
The biggest PE loss since 2008
Thoma Bravo will lose all of the $5bn it invested in Medallia as it hands the software group to lenders
Wall Street pushes US regulators to further ease Basel capital rules
Banks press for further gains even after winning their largest lobbying victory since the financial crisis
Young Moroccan star shows the psychological strength of today’s elite players
Leading footballers now excel with their heads as well as their feet, as 18-year-old Ayyoub Bouaddi displayed against Brazil
Makerfield voters seek ‘change’ as Burnham anticipates by-election win
Allies of Greater Manchester mayor ‘quietly confident’ of victory that would set up leadership challenge to Starmer
How could Thames Water be nationalised?
Intervention by UK environment secretary has raised prospect of utility entering government’s special administration regime
BMW sounds the alarm as China squeezes Europe’s carmakers
Chinese manufacturers have grown their market share in Europe while gaining share at home
How Brexit still divides British voters
In the Makerfield by-election, Andy Burnham is trying to win over an area that voted heavily for Leave
A football manager gives the G7 a pep talk
Lessons from one zero-sum competition for another
Postcard from Boston: on tour with the Tartan Army
After a 28-year hiatus, Scotland are back at the World Cup — and for Jamie Lafferty and his Glaswegian schoolfriends, a teenage vow has finally been fulfilled
Modi and Netanyahu: the making of an unlikely alliance
As Israel’s isolation deepens, ties with New Delhi are growing — from drones to statues
How Hizbollah made its comeback
Lebanese militant group has been buoyed by fresh support from Tehran but its future depends on the US-Iran peace deal
JPMorgan Chase cuts off Anthropic access for its Hong Kong staff
Bank follows Goldman Sachs in preventing use of Claude in Asian financial hub