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News

  • Monday, 2 June, 2025
    Monzo Bank Ltd
    Monzo revenues hit £1bn for first time

    London-based fintech reports rise in profits but plays down speculation of imminent IPO

    updated
    A smartphone screen displays the Monzo logo
  • Monday, 2 June, 2025
    Delivery Hero
    EU fines Delivery Hero and Glovo €329mn for takeaway ‘cartel’

    European Commission says European food delivery groups shared trade secrets

    new
    A Glovo rider in Madrid, Spain in December 2024
  • Monday, 2 June, 2025
    Climate legislation
    EU science advisers put clamp on carbon credits to meet 2040 climate target

    Allowing market instruments would damage bloc’s credibility, board says

    new
    The Leuna oil refinery and chemical industrial complex in Leuna, Germany
  • Monday, 2 June, 2025
    Bristol-Myers Squibb Co
    Bristol Myers Squibb signs $11bn cancer drug deal with BioNTech

    US-German partnership hopes BNT327 will compete with Merck’s bestseller Keytruda

    new
    Bristol Myers Squibb logo
  • Monday, 2 June, 2025
    UK house prices
    UK house price growth in May exceeds forecasts

    Average cost of residential property rose 0.5% between April and May to £273,427

    updated
    Signs from various estate agents, including "To Let" and "Sold" boards, are displayed outside a residential block of flats in Guildford, UK
  • Monday, 2 June, 2025
    UK defence spending
    Starmer refuses to commit precise date for 3% defence spending target

    Britain to build up to 12 attack submarines as it moves to war-ready footing

    1 hour ago
    HMS Ambush, a nuclear-powered attack submarine, is partially submerged in waters
  • Monday, 2 June, 2025
    UnitedHealth Group Inc
    Returning UnitedHealth CEO to face questions over pay and share price

    Stephen Hemsley was awarded $60mn of stock options after retaking the reins while keeping the board chair title

    1 hour ago
    UnitedHealth campus in Minnesota
  • Monday, 2 June, 2025
    UK economy
    Starmer says UK cannot ‘tax way to growth’

    PM under pressure from deputy leader Angela Rayner to raise taxes for higher public spending

    1 hour ago
    Keir Starmer and Angela Rayner
  • Monday, 2 June, 2025
    Poland
    Nationalist candidate Nawrocki wins Poland presidential election

    Historian comes from behind to defeat centre-right rival Rafał Trzaskowski in win for Maga movement abroad

    1 hour ago
    Polish presidential candidate Karol Nawrocki
  • Monday, 2 June, 2025
    Supply chains
    Aggressive reshoring of supply chains risks significant GDP loss, warns OECD

    Modelling shows localising manufacturing too quickly could reduce global trade by 18%

    2 hours ago
    Aerial view of a container ship at the Port of Felixstowe, with a tugboat manoeuvring alongside
  • Monday, 2 June, 2025
    Sanofi SA
    Sanofi to buy US blood disorder drugmaker for up to $9.5bn

    French company’s purchase of Blueprint Medicines boosts immunology pipeline

    2 hours ago
    Sanofi’s headquarters in Paris
  • Monday, 2 June, 2025
    Insurance
    Activist investor Farallon makes ‘final frontier’ bet on Japanese insurer T&D

    San Francisco-based fund pushes for change with Japan seen as next leg of sector’s development

    Dai-ichi Life Insurance head office building in Tokyo
  • Monday, 2 June, 2025
    FT Alphaville
    FTAV’s further reading

    Pretend work; bad lawyers; OpenAI; automated war; memories; and otters

  • Monday, 2 June, 2025
    US-China trade dispute
    China accuses US of ‘seriously violating’ trade truce and vows to respond

    Beijing promises to take strong measures to defend its interests

    Shipping containers are seen at the Port Jersey Container Terminal, with the Manhattan skyline in the distance, in Jersey City, New Jersey
  • Monday, 2 June, 2025
    LVMH
    Dior picks Anderson as creative director

    Irish designer assumes one of most prestigious jobs in fashion

    Jonathan Anderson appears on the catwalk at the end of the presentation his Womenswear Spring/Summer 2025 collection in Paris
  • Monday, 2 June, 2025
    Private equity
    Trump tariffs cut off recovery in private equity dealmaking

    Long-awaited rebound has reversed since ‘liberation day’ announcements, according to Bain & Company

    Bain’s logo
  • Monday, 2 June, 2025
    FT Schools
    What students should know about UK and US politics

    Read a selection of FT articles on parties, voting and interest groups picked by our teacher advisers

  • Monday, 2 June, 2025
    Carbon capture and storage
    Drive to scrub carbon from air stalls as Trump takes aim at renewables

    Decline in carbon capture wells comes as US Energy Department cancels $3.7bn for clean energy grants

    Shell Quest carbon capture and storage facility
  • Monday, 2 June, 2025
    Commercial property
    UK office construction drops to 10-year low

    Economic uncertainty hits sector in first quarter but London, Oxford and Cambridge buck trend, survey finds

    A high rise office block under construction in Blackpool
  • Monday, 2 June, 2025
    Deutsche Bank AG
    Deutsche Bank pledges fresh cost savings after retail unit misses target

    German lender’s retail business told investors it would fall short of long-standing goal for 2025

    Deutsche Bank’s headquarters in Frankfurt
  • Monday, 2 June, 2025
    ExxonMobil
    German asset manager divests Exxon shares over ‘insufficient’ climate commitment

    Union Investment sold out of US oil major and smaller peer EOG Resources after review

    The ExxonMobil Baytown Olefins Plant emitting thick smoke clouds
  • Monday, 2 June, 2025
    National Health Service
    NHS risks a ‘cycle of crises’ without 2.5% funding rise, think-tank warns

    Estimate by Health Foundation comes ahead of Rachel Reeves’ spending review

  • Monday, 2 June, 2025
    Saudi Arabia
    Saudi Arabia plans for safer Hajj as more than 1mn pilgrims arrive

    Tree planting and stricter entrance rules aim to keep visitors fewer and cooler after more than 1,000 deaths last year

    Muslim worshippers gather around the Kaaba, Islam’s holiest shrine, at the Grand Mosque complex in the holy city of Mecca
  • Monday, 2 June, 2025
    FT News Briefing podcast11 min listen
    South Korea plots a post-coup future

    Polls project the country will pick a leftwing leader in Tuesday’s presidential vote

  • Monday, 2 June, 2025
    The Economics Show podcast26 min listen
    How economics wins wars, with Duncan Weldon

    Like economics, warfare is all about resource allocation

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