The UK’s new water plan stores up a reservoir of troubles

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Britain’s beleaguered water sector is pulling out all the stops to woo investors, guaranteeing revenues and capping risks.  The water regulator Ofwat wants to attract £50bn of investments for new infrastructure projects. Rather than getting … Read more

The papal call for debt relief that might not be needed

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The late Pope Francis had trenchant opinions on many subjects, and the sustainability of sovereign debt burdens in emerging markets was among them. Francis’s address on New Year’s Day this year asked “leaders … Read more

Has gold peaked?

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. 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 … Read more

White smoke for the White Sox

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hours after cardinals voted to name the first-ever American to head the Catholic Church, Leo XIV’s hometown of Chicago was consumed by an existential question: which baseball team did the pope root for? Chicago is … Read more