Britons in their sixties must accept that they are the “luckiest generation” in history, former Conservative leader Lord William Hague has said, as he called for a “national conversation” about student loans and the bleak jobs market. In an interview with the FT, the chancellor of the University of Oxford said young people were “systematically … Read more
Stay informed with free updates Simply sign up to the US banks myFT Digest — delivered directly to your inbox. US banks generated record profits last year of almost $300bn as the industry paid lower levels of interest to savers while benefiting from an uptick in lending activity and benign credit losses. The 2025 profits … Read more
Drones are reshaping the frontline with Russia — and the future of warfare
Its price is now far above levels suggested by fundamental forces, but it’s hard to see what might stop its ascent
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The dollar and US and European stock futures declined while gold rose on Monday after President Donald Trump set new tariffs over the weekend in response to a Supreme Court ruling. The dollar weakened 0.4 … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Schroders’ chief executive has pledged the company will retain its wealth management business Cazenove following a £9.9bn takeover by US fund manager Nuveen. Richard Oldfield told the FT there was “absolutely no reason to think” … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rolls-Royce is urging the UK government to commit to taxpayer support for the £3bn development of a new aircraft engine, a crucial project for its plans to re-enter the lucrative short-haul market. The FTSE 100 … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Many observers of the City of London have been wringing their hands following news that another iconic financial institution was selling out to US buyers. Nuveen’s purchase of asset manager Schroders — one of the … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Conservatives should do more to win back voters who have drifted left or disengaged from politics and not just focus on the threat of Reform UK, according to analysis released by a new centre-right … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A Royal Air Force airport was used by a private plane linked to Jeffrey Epstein as late as 2013, documents show, as pressure grows on the Ministry of Defence to release information about the use … Read more