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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s tax authority does not know how much tax billionaires pay, an influential group of cross-party MPs has found, as the government considers a levy on the country’s richest individuals to close the country’s … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Lifetime Individual Savings Accounts raise the risk of people making poor financial decisions, according to a report by an influential committee of UK MPs who questioned whether the tax-free savings product is subsidising wealthier first-home … Read more
Sir Keir Starmer hopes he has averted the biggest rebellion of his premiership by agreeing to dilute his controversial welfare reforms, but he will be left counting the political and financial costs for years to come. The sudden capitulation came during hastily-arranged, surreptitious talks with senior Labour MPs in Westminster on Thursday. It will carry … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer is facing fresh pressure from his Labour MPs to reverse cuts to the winter fuel allowance after the government’s welfare decisions were partly blamed for the party’s setbacks in Thursday’s local elections. … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The British government has published draft legislation that will give ministers sweeping powers to take control of any steel assets deemed to be at risk of shutting down. Steel companies or managers who fail to … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel detained two British members of parliament on Saturday and barred them from entering the country in a move that the UK foreign secretary branded “unacceptable, counter-productive and deeply concerning”. David Lammy criticised the Israeli … Read more
German lawmakers gave the green light on Tuesday for a colossal spending boost for defence and infrastructure pushed by chancellor-in-waiting Friedrich Merz amid deep fears in Europe over the future strength of the transatlantic alliance. The unprecedented fiscal package — dubbed “XXL-sized” and a cash “bazooka” by German media — could pave the way for … Read more
Stay informed with free updates Simply sign up to the UK employment myFT Digest — delivered directly to your inbox. The UK government should toughen its reforms to workers’ rights to ensure “rogue employers” cannot exploit loopholes in the legislation, a cross-party committee of MPs said on Monday. The current package, because it leaves key … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves will on Monday call on sceptical Labour MPs to back her plans to boost the UK economy, including a highly contentious proposal to expand Heathrow airport. The chancellor is facing criticism from some … Read more
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