Watchdog imposes price caps on UK vets to boost competition

First prescription limited to maximum of £21 as part of wide-ranging CMA reforms

Revolut profits surge to record as it wins market share

UK fintech benefits from growing market share and fees from card payments

Is being 6ft the secret to success?

For a few glorious months, Alex Bilmes was a tall person. Then it all came crashing down

Japan’s SMFG explores possible takeover of Jefferies

Sumitomo Mitsui’s banking unit holds minority stake in US investment bank

Do markets believe the president?

Plus, gold as unsafe haven

FTAV’s further reading

SRTs; private credit; China; reserves; winning; clothes; carbon intensity; breathalyzers; static

Apollo agrees biggest Japan deal in $3.7bn rescue of glassmaker NSG

Japanese manufacturer has struggled since swooping for UK rival Pilkington two decades ago

Danish premier Frederiksen poised to retain power as right splinters

Also in this newsletter: How to tackle Europe’s air defence shortage

FirstFT: Trump hints at diplomatic end to Iran war

Also in today’s newsletter: EU-Australia trade and European tech independence

Federal Reserve will stay on hold if energy shock is protracted

Read the March forecast from the FT’s Monetary Policy Radar team

Transcript: Netanyahu’s rivals try to outdo him over Iran

Marc Filippino speaks to Henry Foy and James Shotter

Is Hollywood’s $111bn megadeal Mission Impossible?

Now comes the hard part for David Ellison’s audacious deal to combine Paramount and Warner Bros Discovery

Hormuz fertiliser block will upend world’s food production

Any ceasefire negotiations must include a humanitarian carve-out for such shipments

Civic-minded pensioners make the world go round

Policymakers need to think about the costs of having a generation of retirees not on the property ladder

A billionaire is taking the UK’s Indian restaurants global

Prem Watsa of Fairfax Financial wants to expand the owner of Chutney Mary and Veeraswamy to the US, Canada and the Gulf

The secret to Ukraine’s remarkably resilient labour market

Flexibility, financial support and remote work have offset some of the economic upheaval of war

Banks and claims specialists set to challenge £11bn car finance redress

FCA expected to unveil scheme to compensate millions of customers of allegedly mis-sold car loans this week

Zelenskyy row with MPs jeopardises reforms linked to IMF and EU loans

Ukrainian parliament at odds with president over tax and anti-corruption measures

New York’s New Museum reopens with a juggernaut show about people and machines

Spanning all of its newly doubled footage, this exhibition examines what it means to be human in an era of technological upheaval

Palantir turns poisonous on the campaign trail

Donald Trump’s unpopular immigration crackdown has made links to the Peter Thiel-backed company a liability for candidates

Can the US economy thrive without migrants?

Trump’s draconian immigration policies have been some of his most disruptive interventions of all

War sparks ‘panic buying’ of aluminium among global carmakers

Disruption to power supplies and shipping bottlenecks have affected key sources of production in Gulf

What it’s like to live in one of Sir John Vanbrugh’s masterpieces

Castle Howard, Blenheim Palace and other major British buildings sprang from his designs

AI could be a blockbuster — just not for film companies

Film studios may find that the advantages they reap from investing in new technology get competed away