Finance

Finance

Jared Kushner sets out $30bn vision for ‘New Gaza’

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Jared Kushner touted the “amazing investment opportunities” in Gaza and said the shattered city of Rafah could be rebuilt in two to three years, as he set out a $30bn vision for rebuilding … Read more

Finance

Farage defends plan to end BoE payments on reserves

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Reform UK leader Nigel Farage has doubled down on his pledge to stop the Bank of England paying interest on reserves held by commercial lenders, saying: “I don’t like the banks very much because they … Read more

Finance

Thanks Donald, Europe will take it from here

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world One day Europeans may thank Donald Trump for forcing them to do what they should have done long ago: reassert their own military and technological independence. For years, Europe’s strategic stance has been … Read more

Finance

Vanguard cuts UK exposure across £52bn fund range

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Vanguard is cutting exposure to UK stocks and bonds in its £52bn LifeStrategy fund range despite a broader government push to encourage investment in domestic equities. The world’s second-largest asset manager said on Thursday it … Read more

Finance

Andy Burnham set for Westminster comeback as MP agrees to retire

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Independent MP Andrew Gwynne is to retire from parliament, creating an opening for Greater Manchester mayor Andy Burnham to stage a Westminster comeback and challenge Sir Keir Starmer. The Gorton and Denton MP, who was … Read more

Finance

Beazley rejects Zurich’s £7.7bn takeover offer

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Beazley has rejected a £7.7bn bid from Zurich Insurance, saying that the Swiss group’s offer “materially” undervalued the FTSE 100 group. The cyber specialist insurer said its board had unanimously rejected Zurich’s £12.80-per-share offer, which … Read more

Finance

European governments turn to short-term debt as borrowing costs rise

Stay informed with free updates Simply sign up to the Sovereign bonds myFT Digest — delivered directly to your inbox. European governments are curbing their sales of long-term sovereign bonds, as they shift towards shorter-term funding to limit the damage from a rise in borrowing costs. The average maturity of debt sold across big Eurozone … Read more

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