Private equity: from cutthroats to frenemies

As insurance costs rocket for shipping in the Strait of Hormuz, Asian countries brace for an energy shock. The rapid expansion of American-owned data centres in the Middle East has opened up a new front for Iran’s retaliation against the US. Plus, Donald Trump fires the head of t ...  Show more

Israel expects war against Iran to last weeks and Ayatollah Khamenei’s son emerges as a leading candidate for supreme leader. Plus, the Federal Reserve grants crypto exchange Kraken access to its core payments system, inside the collapse of UK property lender Market Financial Sol ...  Show more

It’s almost time to wave goodbye to the summer, but is Rishi Sunak also poised to bid farewell to some of his ministers? The FT’s Whitehall editor Lucy Fisher is joined by columnist Stephen Bush and political editor George Parker to discuss a cabinet shake up. Plus, the FT’s U ...

For Prime Minister Rishi Sunak the results were ‘disappointing’, Labour’s Sir Keir Starmer claimed his party was heading for power and Lib Dem leader Sir Ed Davey wore a ‘Cheshire cat’ grin. What do this week’s local elections in England show about the likely direction of the ...

It’s billed as the most influential gathering of conservatives in the world: CPAC, or the Conservative Political Action Conference. In the past, it’s brought US Republican leaders together with activists on the right. In recent years, though, it’s catered to one particular lea ...

After nine days of political pressure, chancellor Kwasi Kwarteng has u-turned on the government’s plan to abolish the top rate of income tax, saying he felt ‘humility and contrition’. So, what was the mood at the Conservative party conference as Kwarteng addressed his party? P ...