Finance

Finance

Rising share of UK public in favour of tax and spending cuts

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A record share of people in the UK say taxes and public spending should be cut, according to a leading survey that highlights a widening political divide. The latest British Social Attitudes report, published on … Read more

Finance

UK shoppers held out for January sales, data shows

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shoppers delaying purchases until the January sales delivered a boost to UK retail spending growth last month, in the latest sign of improved economic momentum after a weak end to last year. The value of … Read more

Finance

China steps up dangerous air encounters near Taiwan

Stay informed with free updates Simply sign up to the Chinese politics & policy myFT Digest — delivered directly to your inbox. Chinese fighter jets carried out unusually dangerous manoeuvres near Taiwanese F-16 aircraft during the “Justice Mission” military exercise that the People’s Liberation Army conducted around Taiwan in December. The manoeuvres included a J-16 … Read more

Finance

US plans Big Tech carve-out from next wave of chip tariffs

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’s administration intends to spare companies including Amazon, Google and Microsoft from forthcoming tariffs on chips as they race to build the data centres powering the AI boom. The commerce department is … Read more

Finance

the offence that rarely ensnares politicians

If he is ever successfully prosecuted for misconduct in public office, Lord Peter Mandelson would become the first former UK government minister to be convicted of the offence, according to legal experts. Police are investigating the veteran Labour politician and former UK ambassador to the US over allegations that he passed sensitive government information to … Read more

Finance

US lawmakers call on Howard Lutnick to step down over ties to Epstein

A growing number of US lawmakers are calling on commerce secretary Howard Lutnick to resign from Donald Trump’s cabinet over his links to Jeffrey Epstein. Adam Schiff, the Democratic senator from California, on Monday said Lutnick had “lied to the American people” about his connections to the deceased child sex offender. “Lutnick’s lies about his … Read more

Finance

Starmer defies call to quit as UK prime minister

Sir Keir Starmer on Monday insisted he was “not prepared to walk away” after he survived the most serious challenge yet to his leadership, even as fresh tensions emerged between the embattled UK prime minister and one of his leading rivals. Starmer’s authority was badly damaged after Anas Sarwar, Labour’s leader in Scotland, called on … Read more

Finance

Starmer stumbles on as rivals balk at killer blow

Like members of a communist Politburo, one-by-one members of Sir Keir Starmer’s cabinet declared their enduring support for their embattled leader on Monday, as the prime minister’s government threatened to crumble around him. On a day of high tension in Downing Street, Starmer and his team battled to stave off a coup, following a damaging … Read more

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