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Receive free UK politics updates We’ll send you a myFT Daily Digest email rounding up the latest UK politics news every morning. Ford has criticised anticipated moves by the UK government to delay its net zero efforts, even as home secretary Suella Braverman attacked previous government commitments as “arbitrary”, “punitive” and “totally unrealistic”. Car manufacturers

Receive free Cboe Global Markets updates We’ll send you a myFT Daily Digest email rounding up the latest Cboe Global Markets news every morning. The chief executive of Cboe Global Markets has resigned after failing to disclose personal relationships with colleagues. Edward Tilly, who has been at Cboe for 35 years, “did not disclose personal

Receive free Hedge funds updates We’ll send you a myFT Daily Digest email rounding up the latest Hedge funds news every morning. A build-up of leveraged bets has the potential to “dislocate” trading in the $25tn US Treasuries market, the umbrella group for central banks said, the latest high-profile warning over the potential for crowded

Receive free US interest rates updates We’ll send you a myFT Daily Digest email rounding up the latest US interest rates news every morning. The US Federal Reserve will defy investors’ expectations and raise interest rates by at least another quarter-point, according to a majority of leading academic economists polled by the Financial Times. More

Receive free Arm Ltd updates We’ll send you a myFT Daily Digest email rounding up the latest Arm Ltd news every morning. Arm’s $5bn initial public offering this week was the most expensive in fees for five years, earning a $84mn windfall for the professional services firms that advised it, including Deloitte. The SoftBank-backed chip

Receive free UK labour disputes updates We’ll send you a myFT Daily Digest email rounding up the latest UK labour disputes news every morning. The UK’s train drivers’ union has announced a new set of strikes targeting the Conservative party’s annual conference in October. Aslef said on Friday that drivers at 16 train companies would

Receive free European Central Bank updates We’ll send you a myFT Daily Digest email rounding up the latest European Central Bank news every morning. The European Central Bank has raised interest rates to an all-time high in a bid to cool consumer prices, despite faltering growth in the eurozone. The ECB’s knife-edge decision to lift

US inflation exceeded forecasts in August after fuel prices rose, but underlying price pressures eased. The headline rate of consumer prices rose 3.7 per cent year on year, according to the Bureau of Labor Statistics, up from 3.2 per cent in July and higher than consensus forecasts of 3.6 per cent. On a monthly basis,

UK wages grew at the fastest pace on record in the three months to July, despite a weaker jobs market in which unemployment rose and hiring slowed, official data showed on Tuesday. The Office for National Statistics said annual growth in average pay, excluding bonuses, remained at 7.8 per cent — the highest rate since

A British parliamentary researcher accused of working for Beijing has denied all spying allegations levelled against him. Speaking through Birnberg Peirce, the law firm representing him, the researcher said he felt “forced to respond to the media accusations that I am a ‘Chinese spy’”. “Given what has been reported, it is vital that it is

India’s prime minister Narendra Modi has called for the mandate of multilateral lenders such as the World Bank to be expanded, as the IMF’s managing director demanded an increase in the lender’s resources by the end of the year. Efforts to boost the balance sheets and reform the governance of the Washington-based multilateral lenders have

G20 leaders have failed to condemn Russia’s invasion of Ukraine in a joint statement after China and Russia rejected language that blamed Moscow for the conflict, highlighting the lack of global consensus in support of Kyiv. The New Delhi summit declaration refers only to the “war in Ukraine”, a formulation that supporters of Kyiv such

The UK’s plans to develop cleaner energy have suffered a major blow after the government failed to attract offshore wind developers to its latest round of contracts for new projects. No offshore wind projects won contracts in this year’s annual auction for subsidies, according to results published on Friday, after developers had warned that the

UK businesses expect inflation and wage growth to ease, according to a closely watched monthly survey by the Bank of England, providing some relief for policymakers ahead of the interest rate decision later this month. Output prices are expected to increase by 4.9 per cent over the next 12 months, according to August’s Decision Maker

The UK government will concede it will not use controversial powers in the online safety bill to scan messaging apps for harmful content until it is “technically feasible” to do so, postponing measures that critics say threaten users’ privacy. A planned statement to the House of Lords on Wednesday afternoon will mark an eleventh-hour effort

Arm plans to price its initial public offering at between $47 and $51 per share, according to an updated filing on Tuesday, raising up to $4.9bn for its current owner SoftBank and valuing the UK-based chip designer at up to $52bn. Cornerstone investors including Apple, Google, Nvidia, Intel and TSMC have indicated they plan to

UK prime minister Rishi Sunak is facing the prospect of two parliamentary by-elections in Conservative strongholds this autumn after Chris Pincher lost his appeal against an eight-week suspension from the House of Commons for groping two men last year. An independent parliamentary panel upheld the recommendation by the Commons standards committee in July, ruling that

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Dealing with the market turmoil sparked by then UK prime minister Liz Truss’ ill-fated “mini” Budget last year felt like swimming with crocodiles, according to the Bank of England’s chief economist. Huw Pill told a panel at South Africa’s central bank on Friday that the September fiscal event, which set out £45bn in unfunded tax

Britain’s economic performance since the start of the Covid-19 pandemic was much better than previously thought, the Office for National Statistics said on Friday as revised figures added nearly 2 per cent to the size of the economy. The changes mean that by the end of 2021, the UK economy was 0.6 per cent larger