Private equity: from cutthroats to frenemies

Meta will cut 10% of its staff next month, BP suffered a heavy defeat at its annual shareholder meeting, and the Paramount–Warner Brothers Discovery deal is one step closer to being sealed. Plus, the Trump family’s crypto company is in hot water, and a US official is vying to get ...  Show more

Tesla’s profits rebounded from last year’s lows, Brent crude jumped back above $100 a barrel on Wednesday after Iran’s navy said it seized two commercial ships in the Strait of Hormuz, and China’s new trade rules have concerned businesses operating in the country. Plus, the FT’s ...  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 ...

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 ...

The former president was greeted warmly by hundreds of supporters as he arrived at the courthouse to be processed and fingerprinted. He was not made to pay bond following his plea and his personal travel has not been restricted.This episode: voting correspondent Miles Parks, just ...  Show more