Volkswagen’s U-turn

Gilts rebounded from earlier losses on Monday afternoon, and Novo Nordisk is suing US telehealth company Hims & Hers over ‘knock-off’ versions of its weight-loss drugs. Plus, France’s central bank chief is stepping down early, and US senators are pushing proposals to lift bank de ...  Show more

UK Prime Minister Sir Keir Starmer’s chief of staff resigned amid controversy over the Mandelson scandal, and Japan’s conservative governing party have won a landslide victory in snap elections. Plus, top academics have dismissed Federal Reserve chair Kevin Warsh’s claim that an ...  Show more

Sir Keir Starmer and shadow chancellor Rachel Reeves gave a pre-Davos interview to the FT before setting off to woo the global elite in Switzerland at the World Economic Forum in a remarkable turnround in Labour sentiment. Why were they going, with what message, while Prime Mi ...

Chancellor Kwasi Kwarteng unveils the biggest package of tax cuts in 50 years, before being questioned by Chris on his thinking. We hear what the chancellor has to say, as well as Chris’s thoughts, and those of the Financial Times’ Clear Barrett and former Bank of England Chief E ...  Show more

We start with that huge bailout package for struggling families announced by the chancellor and the controversial taxes he raised to fund it - a £5bn windfall tax on energy companies with more to come.

The FT’s economics correspondent Delphine Strauss ...

The Bank of England expects the UK to fall into the longest ever recession. Stephanie Flanders, Head of Bloomberg Economics, and Claer Barrett, Consumer Editor at Financial Times, talk it all through. Also, American comedian Rob Delaney speaks movingly about the loss of his young ...  Show more