Fiscal tweaks won’t solve Britain’s growth problem

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In last Wednesday’s Spring Statement, Rachel Reeves, chancellor of the exchequer, did exactly what was expected of her. Confronted, as predicted, with worse forecasts from the Office for Budget Responsibility than those of last October, … Read more

Gold miners strike a rich seam

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Unstoppable force meets no-longer-immovable object. Soaring gold prices typically bypass miners of the shiny stuff — but not this time. Shares in top duo Newmont and Barrick Gold are up by a quarter and fifth … Read more

The realpolitik of Trump’s tariffs

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world T-day — or Tariff Day — is coming this week. Or not. We simply won’t know until it’s here, given that President Donald Trump changes his mind about policy daily. But assuming reciprocal … Read more

Biggest cost from Trump’s tariffs is uncertainty for Asian carmakers

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In the 1980s, Japanese carmakers were accused of gutting the US car industry. In response, the Reagan administration negotiated voluntary export restraints — politely worded, but unmistakably coercive, pressuring them to make more cars in … Read more

What to expect on ‘liberation day’

This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning. Stocks, especially tech stocks, had an ugly morning yesterday but rallied in the afternoon. Biotech stocks, particularly Moderna, … Read more

Globalisation will triumph over Donald Trump

This article is an on-site version of Free Lunch newsletter. Premium subscribers can sign up here to get the newsletter delivered every Thursday and Sunday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Happy Sunday. April 2 — or “liberation day”, as Donald Trump has dubbed it — is imminent. US … Read more

It’s time for the EU to solve its Orbán problem

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is managing director for Europe at Eurasia Group The EU has a long-standing Viktor Orbán problem. For many years, it has proved to be manageable. Now it is life-threatening.  US President Donald Trump’s … Read more