FT Weekend

Brussels is preparing an annual levy for large corporations to help fund a €1tn EU budget, prompting debate over the potential economic impact on businesses.

A leading consultancy has been found to have played a more extensive role than previously understood in modelling a relocation proposal for Palestinians and shaping a related aid scheme, prompting fresh scrutiny of its broader influence in the region.

Starmer now faces an estimated £4.25bn shortfall following a policy U-turn, prompting heightened concerns over welfare spending, potential tax implications, and investor confidence as the PM and critics question Labour’s economic credibility.

An Israeli strike on Iranian territory has sparked a wider confrontation, with Tehran responding militarily, Western allies calling for restraint, and concerns rising over the possibility of a broader conflict.

Donald Trump and Elon Musk are under pressure from allies and tech leaders to mend their relationship following a heated dispute, amid concerns over potential political and economic ramifications, with no signs of an immediate resolution.

NatWest returns to full private ownership as the government offloads its final shares, concluding a 17-year chapter following the £46bn crisis bailout.

Trump has threatened tariffs of up to 50% on goods from the EU, blindsiding European officials and warning major technology firms such as Apple of potential levies.

In a significant policy shift, the President has indicated a willingness to reduce tariffs on China, prompting fresh talks aimed at resolving the protracted trade dispute.

Apple is shifting all its US iPhone production to India, accelerating the move from China to avoid high tariffs and strengthen global supply chains.

Describing calls to pick between a prominent US figure and Europe as “childish,” Italy’s PM stressed unity among Western allies, declined to take sides, and highlighted the enduring respect for longstanding partnerships.