Author: Blake Anderson

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The London market’s best chances of revival could lie in attracting more secondary company listings, according to a report by Britain’s biggest business lobby group.A report published by the CBI on Wednesday suggests that the London Stock Exchange could offer a “complementary venue” for additional listings, especially for Asian companies that are becoming more cautious about the US as the Trump administration takes an increasingly hard line against China and other Asian trading nations.The CBI’s road map for reform of the London market…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.President Emmanuel Macron has called for Britain and France to move on from Brexit and work “side by side” on issues including migration and defence, declaring “let’s not allow the Channel to grow wider”.Macron, addressing both Houses of Parliament at the start of a three-day state visit to the UK, said Brexit was “deeply regrettable”, but insisted that over the past few years “this alliance became stronger”.He said that although Britain was no longer in the EU, it could not stand on…

Rachel Reeves is doing little to play down speculation that the UK government will be forced into fresh tax rises in its Autumn Budget. The fatalistic mood contrasts sharply with the chancellor’s message after her £40bn tax-raising October Budget last year, which she pitched as a one-off effort to place the public finances on a more sustainable footing. Analysts estimate the fiscal hole could hit £20bn-£30bn by the autumn, assuming Reeves decides to stick to her self-imposed fiscal rules. Ministers’ struggles to bear down on spending suggest higher taxes will have to fill it. Personal taxesReeves’ choices are heavily constrained by Labour…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The chair of the UK Statistics Authority is to step down while facing fierce criticism for allowing “systemic” failures of management that undermined crucial economic data to go unchecked on his watch. Sir Robert Chote told the Cabinet Office last month that he wanted to stand down in the autumn because of his move to a new role, according to a letter published on Tuesday by the parliamentary Public Administration and Constitutional Affairs Committee (PACAC).His departure follows mounting problems with the quality of…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The British Museum is set to display the Bayeux Tapestry for the first time, a sign of efforts to bolster British-French ties as part of Emmanuel Macron’s state visit to the UK.The tapestry, a 70m-long celebration of the 1066 Norman invasion of Britain by William the Conqueror, will be lent to the British Museum next year, in what will become one of its biggest ever shows.People briefed on the loan said it would involve a cultural swap, with Anglo-Saxon treasures from the…

Norman Tebbit, the populist Tory once described as “radiating menace”, who has died at the age of 94, was Margaret Thatcher’s key lieutenant for most of her premiership. After he left office, exasperated, in 1987, she found herself without important allies and on the path towards her own downfall three years later.One of the most influential politicians of his day and a brilliant tactician who was expected at one point to become Thatcher’s successor, Tebbit’s uncompromising views and mordant wit brought him admiration from the Tory grass roots and loathing from many of his opponents, including some in his own party. As…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Three men have been found guilty of carrying out an arson attack on a warehouse in east London, which prosecutors said was orchestrated by individuals linked to Russia’s paramilitary Wagner group. The verdicts were delivered by a jury at London’s Old Bailey on Tuesday. The jurors found Nii Kojo Mensah, 23, Jakeem Rose, 23, and Ugnius Asmena, 20, guilty of aggravated arson. The attack in March 2024 targeted the warehouse units of Oddisey, a company that has been shipping humanitarian aid and Elon…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Brookfield Corporation is set to become the largest private investor in Sizewell C and EDF will cut its stake, according to terms close to being finalised with the UK government for its flagship nuclear project.The UK government is seeking to reach a final investment decision later this month, with Canadian investor Brookfield set to have a more than 20 per cent stake, making it the largest shareholder after the UK government, which is expected to retain majority control, according to a person…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Post Office and Fujitsu employees knew that the Horizon IT system was deeply flawed yet “maintained the fiction” that it could not produce errors when prosecuting innocent sub-postmasters, a public inquiry has found. Employees at the Japanese IT group were aware the system was “afflicted by bugs, errors and defects” even before it was rolled out, the report from retired High Court judge Sir Wyn Williams said. He also found “a number of senior and not so senior employees of the Post…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Doctors in England have voted overwhelmingly in favour of fresh strikes, less than a year after agreeing a pay deal with the UK government.The British Medical Association on Tuesday said 90 per cent of resident doctors — formerly known as junior doctors — had backed plans for a six-month mandate to call strike action, on a turnout of 55 per cent of members. The country’s main medical union is demanding pay rises of 29 per cent to make up for below-inflation salary…