Latest in FirstFT: UK manufacturing confidence slumps after Rachel Reeves’ Budget
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FirstFT: UK manufacturing confidence slumps after Rachel Reeves’ Budget
Also in today’s newsletter, Revolut backers offload almost $1bn of stock and Assad airlifted $250mn of Syria’s cash to MoscowFinancial Times - 5h -
UK manufacturing confidence slumps after Reeves’ Budget
Data from Make UK complicates picture for BoE rate-setters as they contemplate how quickly to cut interest ratesFinancial Times - 10h -
Canal+ listing is ‘vote of confidence’ in UK stock market, says Reeves
TV channel spun off from France’s Vivendi could climb to £5bn in biggest new listing in London for two years. Canal+, the international pay-TV company and owner of the studio behind the Paddington ...The Guardian - 19h -
Reeves puts pensions review on hold to avoid extra burden on UK business
Some experts argue current savings rates will leave people without adequate retirement potsFinancial Times - 2d -
Prince Andrew ‘confidant’ loses appeal on UK ban over national security
Chinese businessman known to Duke of York loses appeal over decision to bar him on national security grounds. A Chinese businessman described as a “close confidant” of the Duke of York has lost an ...The Guardian - 3d -
No. 3 Iowa State, after rallying to beat Iowa, confident it belongs at the top of the sport
“I don’t feel no pressure about it … We are one of the best teams in the country.”Yahoo Sports - 3d -
Currys says price rises 'inevitable' after Budget
The retailer says it had not planned for the full impact of recent changes to tax and other government policy.BBC News - 3d -
Syrian asylum seekers 'terrified' after UK claims paused
The UK government says it is assessing the situation in Syria after the Assad regime's collapse.BBC News - 4d -
Business leaders warn Reeves about the impact of her Budget tax rises
Banking, energy and transport executives voice concerns in meeting with UK chancellorFinancial Times - 4d -
Farmers gather in Whitehall in latest protest against UK Budget tax changes
Tractors park up in main London thoroughfare in rally opposing government inheritance tax reformsFinancial Times - 4d -
Skyscraper moment that decided the winner after six weeks of The Rap Game UK
After weeks of intense challenges, the winner of the BBC Three show and £20,000 prize has been revealed.BBC News - 5d -
Fetch’s Rachel Ehrlich on the Problem With Old-School Ads
The rewards app’s general manager wants to find news ways to engage consumers.Inc. - 5d -
FirstFT: Man charged with murder of healthcare executive
Also in today’s newsletter, Lula in intensive care, and Wall Street’s ‘Merger Monday’Financial Times - 5d -
Rachel Reeves signals wider reset of EU relations
Labour has ruled out rejoining the EU but may be open to alignment on areas such as farm and food exports.BBC News - 6d -
Rachel Reeves warns of greater trade barriers with EU unless relationship improves – business live
UK chancellor wants to reset ties with EU; oil and gold prices climb after fall of Assad. Jason Tuvey , deputy chief emerging markets economist at Capital Economics, said:. The fall of Syria’s ...The Guardian - 6d -
FirstFT: Rebels assert control after Assad regime collapse
Also in this newsletter, Omnicom and Interpublic in talks to merge and why Washington law firms are expanding their tariff adviceFinancial Times - 6d -
UK business confidence falls to lowest level in almost two years after Labour budget
British businesses lost steam and pulled back on hiring last month, as industry reacted to the Labour government's bumper tax-raising budget, new data showed Monday.CNBC - Dec. 9 -
SNP rediscovers its political confidence with wily Budget
The Scottish government's moves on the two-child benefit cap and winter fuel payments leave Labour facing a dilemma.BBC News - Dec. 7 -
Rachel Reeves to pledge ‘ambitious’ economic partnership with EU
UK chancellor will promise to fully honour post-Brexit deals in meeting with bloc’s finance ministersFinancial Times - Dec. 7 -
FirstFT: US equity funds record $140bn of inflows after Trump’s election win
Also in this newsletter, South Korea’s ruling party warns president could impose martial law again and the FT’s most influential women of 2024Financial Times - Dec. 6 -
Will China’s manufacturing juggernaut run out of road?
Faced with weak demand at home and the threat of tariffs abroad, Beijing is under pressure to rethink its export-driven modelFinancial Times - Dec. 6 -
French Prime Minister Michel Barnier to resign after parliament's no-confidence vote
French Prime Minister Michel Barnier met with President Emmanuel Macron Thursday to submit his resignation in the wake of the no-confidence vote his country's parliament passed Wednesday. BBC ...CBS News - Dec. 5 -
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UK businesses expect lower margins and higher prices after Budget
Survey finds 54% of companies plan to raise prices in 2025 after national insurance increaseFinancial Times - Dec. 5 -
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FirstFT: Bitcoin hits $100,000 on back of Trump support
Also in this newsletter, French parliament removes prime minister and Trump discusses replacing defence secretary pickFinancial Times - Dec. 5 -
French prime minister resigning after parliament's no-confidence vote
French Prime Minister Michel Barnier is resigning after a no-confidence vote by lawmakers, fueling concern over a "new era of political instability."CBS News - Dec. 5 -
French Government Falls After National Assembly Approves No-Confidence Vote
The vote marks the first time in decades a prime minister has been ousted by lawmakers, as political paralysis grips the countryThe Wall Street Journal - Dec. 4 -
French government topples after losing no-confidence vote. What happens next.
France could be set for months of potentially market-roiling political uncertainty after a no-confidence vote ousted the minority coalition government led by Prime Minister Michel Barnier.MarketWatch - Dec. 4 -
France in political crisis after no-confidence vote topples government
Minority coalition of PM Michel Barnier falls after three months, the shortest of any administration of France’s Fifth Republic. France has been plunged into political crisis after a ...The Guardian - Dec. 4 -
Lloyds boss warns of UK ‘investability problem’ after motor finance ruling
Sector left reeling after court backs consumer complaints about ‘secret commissions’ on car loansFinancial Times - Dec. 4 -
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FirstFT: South Korea’s Yoon Suk Yeol faces calls to resign after failed martial law order
Also in this newsletter, France’s Michel Barnier faces no-confidence vote, and Bank of England governor hints at rate cutFinancial Times - Dec. 4 -
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Michel Barnier defends budget in TV interview as government faces no confidence vote on Wednesday – live
Minority government of prime minister faces near-certain defeat in a no-confidence vote that could spark crisis. The Libertés, indépendants, outre-mer et territoires (Liberties, Independents, ...The Guardian - Dec. 3 -
Husband of UK royal took own life after ‘adverse effects of medication’
Coroner says evidence suggests Thomas Kingston, who was married to Lady Gabriella, had a ‘lack of suicidal intent’. The son-in-law of Prince and Princess Michael of Kent killed himself after ...The Guardian - Dec. 3 -
Dozens of Tamils arrive in UK after three years stranded on Diego Garcia
Lawyers and campaigners hail removal of 47 people from remote Indian Ocean island as ‘a big day for justice’. Dozens of people stranded in hellish conditions for more than three years on the remote ...The Guardian - Dec. 3 -
French Government Faces No-Confidence Vote Over Budget Bill
Prime Minister Michel Barnier pushed a budget bill through the lower house of Parliament without a vote. A no-confidence vote this week could topple him and his cabinet.The New York Times - Dec. 3 -
French government faces no-confidence vote over Barnier's austerity budget
French Prime Minister Michel Barnier is bracing for a no-confidence vote this week, a political reckoning poised to topple his fragile government and send shockwaves across the eurozoneABC News - Dec. 2 -
French government teeters after PM Barnier forces through budget
Michel Barnier is unlikely to survive a no-confidence vote, tabled by left and far-right parties.BBC News - Dec. 2
