Financial Times

Reeves is facing a revolt from Whitehall over cuts, with officials stating that further savings are “not possible” while pressure for tax rises increases ahead of the first Budget.

In an effort to resolve the political deadlock in France, President Macron has named Michel Barnier as the new prime minister, marking a major shift with the appointment of the veteran conservative.

An inquiry has found that official failings and industry deceits, including the prioritisation of deregulation over safety, neglect of warnings about cladding, and manipulation of testing by manufacturers, led to the Grenfell tragedy.

Regulators are poised to ease a new policy that would have mandated banks to compensate fraud victims up to £415,000, following significant pressure from ministers and fintech companies, according to the Financial Times.

The Financial Times reports that the UK government has suspended certain arms exports to Israel, citing potential violations of international law.

The Financial Times reports that the far-right AfD party is poised to secure a victory in Thuringia’s state elections as the electorate shifts away from the centre.

Sotheby’s core earnings have plunged 88% due to a downturn in the fine art market, with its arch-rival Christie’s experiencing similar challenges.

The Financial Times reports on JD Vance urging a tech billionaire to fund Donald Trump’s election campaign.

The Financial Times reveals Brussels is probing whether Telegram violated EU digital regulations.

The Financial Times highlights Sir Keir Starmer’s warning that the upcoming autumn Budget will be “painful,” suggesting potential tax increases by the Labour government in October.