Finance

Finance

Asda hit by debt sell-off after Christmas sales slump

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Private equity-owned Asda has been hit by a sell-off of its bonds and loans as investors in the struggling UK supermarket chain grow concerned that accelerating sales declines will jeopardise its turnaround. A decline in … Read more

Finance

Sadiq Khan to warn AI could cause ‘mass unemployment’ in London

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Sadiq Khan, the London mayor, will warn that AI risks destroying huge numbers of jobs in the capital and “usher in a new era of mass unemployment” unless ministers take proactive measures. London will be … Read more

Finance

Israel waits on US to settle ‘unfinished business’ with Iran

As Donald Trump weighs military strikes against Iran, one normally loquacious and vehement champion of toppling the regime in Tehran has kept a noted silence: Benjamin Netanyahu. Other than a quick nod this Sunday to the “bravery of Iran’s citizens”, the Israeli premier has said little about the nationwide protests and violent crackdown that have … Read more

Finance

Latest U-turn raises renewed questions over Keir Starmer’s judgment

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer used to accuse Boris Johnson of “serial incompetence” over his propensity for U-turns, but on Wednesday the UK prime minister was charged with presiding over policies built on sand. Starmer’s decision to … Read more

Finance

The dangers of a trigger-happy US president

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 is on a roll. After the success of his audacious move to capture the dictator of Venezuela, the US president has urged on anti-regime protesters in Iran and repeatedly touted American … Read more

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