Banking "Big Bang" Theory 2.0

Today, Keir Starmer says it's "staggering" he was not told Lord Mandelson had failed security vetting for his appointment as US ambassador.Speaking from a summit in France, the prime minister says he's "absolutely furious" and will update MPs in Parliament on Monday. Opposition l ...  Show more

Today, the defence secretary has revealed the British military has responded to a month-long Russian submarine operation over cables and pipelines north of UK.John Healey says he deployed a warship and aircraft in response, and the Russian vessels were "monitored 24/7". He says t ...  Show more

Gold prices have surged close to record levels, and the EU has fined Apple €1.8bn as it boosts its fight against Big Tech. Plus, the FT’s Sam Fleming explains whether the Conservatives planned tax cuts will actually affect the outcome of the upcoming UK election. 

FTX founder Sam Bankman-Fried was sentenced to 25 years in prison for his role in the collapse of the cryptocurrency exchange, and Thames Water shareholders might take a big financial hit. Plus, what instant noodles can tell us about the economy. 

Mentio ...

Since the government’s tax-cutting mini-budget last week, the pound has hit record lows against the dollar, mortgage providers have pulled hundreds of products and there has been damning criticism from the International Monetary Fund and an emergency intervention by the Bank of E ...  Show more

The week started with Lucy Frazer, the Culture Secretary calling out the BBC for bias and a failure of impartiality. She struggled to give many examples of either. Today, Prospect magazine has done a deep dive into what it calls ‘the right-wing cabal waging war on the principles ...  Show more