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Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. UK inflation slowed sharply to an annual rate of 4.6 per cent in October, driven by a fall in the energy price cap, meaning prime minister Rishi Sunak has met his pledge to halve inflation by year

Stay informed with free updates Simply sign up to the Russian business & finance myFT Digest — delivered directly to your inbox. The US-led price cap on Russia’s oil sales is being almost completely circumvented, according to western officials and Russian export data, forcing countries to explore ways to reinforce one of their key economic

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s investment screening powers are to be pared back to make them “more business friendly”, the deputy prime minister has said, less than two years after they were introduced. Oliver Dowden will launch a

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Benjamin Netanyahu said on Saturday that he opposed the return of the Palestinian Authority to Gaza, underscoring the growing divergence between his government and the US over what the enclave’s postwar governance should be. US

Business taxes are set to fall in this month’s Autumn Statement as UK ministers signalled that they want to incentivise companies to pull Britain out of its growth stupor. As new data showed the economy flatlining, chancellor Jeremy Hunt and his deputy John Glen made clear their desire to cut business taxes, including by extending

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A ransomware attack on the Industrial and Commercial Bank of China has disrupted the US Treasury market, according to market participants. The Securities Industry and Financial Markets Association told members on Thursday that ICBC, China’s

Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. The UK’s tax authority has warned that it faces additional costs this year as 1.2mn extra people are pulled into the tax net because of higher earnings and savings rates. Jim Harra, chief executive of

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Voters are heading to the polls in several states across the US on Tuesday, in off-year elections that will be seen as an indicator of which way the political winds are blowing for President Joe

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. PwC plans to cut up to 600 jobs in the UK as a plummeting number of resignations at the firm pushes it to make staff redundant instead. The firm will launch a voluntary redundancy programme

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. New legislation to mandate annual North Sea oil and gas licensing rounds will be at the heart of the King’s Speech on Tuesday, as Rishi Sunak looks to exploit a key policy divide with Labour

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Warren Buffett’s Berkshire Hathaway continued to sell off stakes in publicly traded companies, shedding more than $5bn of exposure to US and foreign stocks in the third quarter as the firm struggled to find appealing

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jobs growth in the US slowed sharply in October, according to a fresh labour market report that is likely to shape interest rate expectations for the world’s biggest economy. US employers added 150,000 new roles

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. FTX founder Sam Bankman-Fried was convicted of fraud and money laundering by a New York jury in a landmark criminal verdict that is likely to condemn the former crypto tycoon to decades in prison and

Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. The Federal Reserve held interest rates at a 22-year high on Wednesday but kept open the possibility of additional monetary tightening amid mounting evidence the US economy remains strong. The meeting is the second

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel said on Tuesday that its troops had moved deeper into the Gaza Strip as it stepped up its assault on Hamas, hours after Prime Minister Benjamin Netanyahu rejected calls for a ceasefire and said

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel expanded its ground operations in Gaza, bombed targets in Syria and carried out a raid in the occupied West Bank overnight, as its war with Hamas militants sent tensions rising across the Middle East.

Israel has pressed on with its ground offensive in Gaza for a second night as prime minister Benjamin Netanyahu said the country had launched a new phase of its “long and hard” war to destroy Hamas. Daniel Hagari, IDF spokesman, said on Sunday that Israel had sent more troops into Gaza overnight and combat operations

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel said its Gaza offensive was “advancing” after fighting through the night in a significantly expanded ground operation under the cover of an intense aerial bombardment that has knocked out most communications in the enclave.

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s military said on Friday night that its ground forces were ramping up their operations in the Gaza Strip, as its air force launched an intense bombardment that knocked out the enclave’s telecommunications systems. Israel’s

Stay informed with free updates Simply sign up to the US economy myFT Digest — delivered directly to your inbox. The US economy expanded faster than expected in the third quarter, growing at its quickest pace in almost two years in the latest sign of the country’s economic resilience in the face of high interest