Finance

Finance

Regulator raises alarm over rise in top grades at English universities

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The universities of Durham and East London have seen the largest unexplained increase since 2010-11 in top grades, according to data that underlines concerns about so-called grade inflation. Regulators said that almost two-thirds more first-class … Read more

Finance

Jenrick defection redraws battle lines on right of British politics

On Thursday, a gleeful Nigel Farage thanked the Conservatives for handing him “on a plate” the man he called their “most popular figure”, as he told Tory MPs to follow Robert Jenrick’s lead by defecting to Reform UK. In switching allegiances, Jenrick is helping to reshape British politics, redrawing the battle lines over who will … Read more

Finance

How Iran’s Islamic revolution devoured itself

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is the author of ‘Patriot of Persia’ and ‘In the Rose Garden of the Martyrs’ On January 16 1979, Shah Mohammad Reza Pahlavi fled Iran with his wife, some jewels and a clod … Read more

Finance

Revolut, Visa and Mastercard lose UK legal challenge over fee cap

Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. Revolut, Visa and Mastercard have lost a legal battle in the UK over a proposed regulatory cap on fees from international transactions. The High Court in London ruled on Thursday that the UK’s Payment … Read more

Finance

Head of UK’s Serious Fraud Office retires halfway through tenure

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The director of the UK’s Serious Fraud Office is stepping down halfway through his tenure, citing personal reasons for his decision to leave early. Nick Ephgrave, 59, said on Thursday that he has decided to … Read more

Finance

Trump threatens to deploy military to Minnesota after ICE shooting

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Donald Trump has threatened to send the US military to quell protests in Minnesota, in what would be a major escalation in tensions with the state’s authorities a week after a federal immigration … Read more

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