Finance

Finance

UK wage growth cools to 3.6% as employers cut headcount

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK wage growth slowed in the three months to November as employers cut headcount in the run-up to the Budget, according to official data that will help to reassure the Bank of England inflationary pressures … Read more

Finance

Britain has spent little extra on conventional armed forces, experts warn

Britain has spent little extra on its conventional armed forces in the year since Donald Trump returned to the White House, defence experts and industry executives have warned, with additional expenditure largely eaten up by inflation, housing costs and the UK’s nuclear deterrent. Sir Keir Starmer’s government has trumpeted plans to increase spending in the … Read more

Finance

Scott Bessent questions Europe’s ability to agree a strong response to Greenland tariffs

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The US Treasury secretary has dismissed the EU’s ability to quickly agree a forceful response to Donald Trump’s Greenland-related tariffs, predicting the bloc would likely form “the dreaded European working group” rather than … Read more

Finance

Long-awaited audit reform bill scrapped by UK ministers

Stay informed with free updates Simply sign up to the Accountancy myFT Digest — delivered directly to your inbox. The UK government has scrapped a bill promising to reform the audit market, ending an effort that has stretched back eight years to the collapse of outsourcing group Carillion and other high-profile corporate failures. The Department … Read more

Finance

UK government considering social media ban for children

The UK government is considering an Australian-style ban on social media for children alongside restrictions on addictive app features as part of a consultation on curbing harmful internet and smartphone use. The consultation sets out options including setting a high digital age of consent, implementing phone curfews to avoid excessive use and restricting potentially addictive … Read more

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