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Receive free HS2 updates We’ll send you a myFT Daily Digest email rounding up the latest HS2 news every morning. Rishi Sunak has been warned by the new US owners of Birmingham City football club, in which NFL superstar Tom Brady has a minority stake, that he will damage trust in Britain if he aborts

Receive free Chinese business & finance updates We’ll send you a myFT Daily Digest email rounding up the latest Chinese business & finance news every morning. A senior Nomura banker has been banned from leaving mainland China, a move connected to a long-running investigation into the country’s top tech dealmaker Bao Fan, according to people

Receive free Sovereign bonds updates We’ll send you a myFT Daily Digest email rounding up the latest Sovereign bonds news every morning. Hedge funds have been rushing to unwind bets against Britain’s £2.5tn government bond market as investors become increasingly convinced that the Bank of England is nearing the end of its rate rising campaign.

Receive free UK politics updates We’ll send you a myFT Daily Digest email rounding up the latest UK politics news every morning. Chancellor Jeremy Hunt is planning the biggest shake-up to Individual Savings Accounts in years to persuade more people to take advantage of the tax-free vehicles and use them to back London-listed companies. UK

Receive free UK schools updates We’ll send you a myFT Daily Digest email rounding up the latest UK schools news every morning. Rishi Sunak is exploring a radical reshaping of A-levels with a new “British baccalaureate” to modernise England’s education system, according to senior Whitehall insiders. The UK prime minister’s plans to reform academic post-16

Receive free UK business updates We’ll send you a myFT Daily Digest email rounding up the latest UK business news every morning. The UK car industry will still have to meet mandatory electric vehicle sales targets from January, according to people briefed on the upcoming government rules, despite ministers pushing back a ban on petrol

Receive free UK inflation updates We’ll send you a myFT Daily Digest email rounding up the latest UK inflation news every morning. UK inflation was lower than expected in August, falling to 6.7 per cent from 6.8 per cent in July, rather than increasing on the back of higher petrol costs. The drop in almost

Receive free Canada updates We’ll send you a myFT Daily Digest email rounding up the latest Canada news every morning. Canada’s prime minister has said there are “credible allegations” that India’s government was involved in the fatal shooting of a prominent Sikh leader in British Columbia, citing intelligence from national security services. Justin Trudeau on

Western companies that have continued to operate in Russia since Moscow’s full-scale invasion of Ukraine have generated billions of dollars in profits, but the Kremlin has blocked them from accessing the cash in an effort to turn the screw on “unfriendly” nations. Groups from such countries accounted for $18bn of the $20bn in Russian profits

Receive free Share buybacks updates We’ll send you a myFT Daily Digest email rounding up the latest Share buybacks news every morning. Share buybacks on the US stock market have dropped to the slowest pace since the early stages of the Covid-19 pandemic as rising interest rates undermine the incentive for companies to purchase their

Russia has authorised unreinforced oil tankers to sail through its icy Northern Sea Route for the first time, triggering warnings Moscow is risking a catastrophic Arctic spill as it reroutes sanctions-hit energy exports to Asia. Two tankers were granted permission in August to carry out the 3,500-mile long journey along Russia’s northern coast, despite not

Receive free Chinese politics & policy updates We’ll send you a myFT Daily Digest email rounding up the latest Chinese politics & policy news every morning. The US government believes Chinese defence minister Li Shangfu has been placed under investigation in the latest sign of turmoil among elite members of Beijing’s military and foreign policy

Receive free Arm Ltd updates We’ll send you a myFT Daily Digest email rounding up the latest Arm Ltd news every morning. Shares in UK chip designer Arm are expected to be priced above the initial range at as much as $52 per share, which would give the company a valuation of nearly $54bn, according

BP chief executive Bernard Looney is to resign less than four years into the job, according to two people with knowledge of the decision. Looney, 53, joined BP in 1991 aged 21 and has spent his entire career at the company. The Irish citizen was appointed chief executive in 2020 to transform the oil producer

The world is at “the beginning of the end” of the fossil fuel era, according to the leading global energy watchdog, which for the first time has forecast that demand for oil, natural gas and coal will all peak before 2030. New projections by the International Energy Agency forecast that the consumption of the three

Janet Yellen has rejected accusations that the G20 watered down its position on Ukraine over the weekend, as the US treasury secretary touted the summit of world leaders’ accomplishments in boosting funding for developing economies. In an interview with the Financial Times, Yellen defended the joint statement agreed at the end of the summit in

G20 leaders have failed to condemn Russia’s invasion of Ukraine in a joint statement after China and Russia rejected language that blamed Moscow for the conflict, highlighting the lack of global consensus in support of Kyiv. The New Delhi summit declaration refers only to the “war in Ukraine”, a formulation that supporters of Kyiv such

The US and EU are set to support the development of a new ship and rail corridor connecting India to the Middle East and beyond — an infrastructure project crossing Saudi Arabia and the United Arab Emirates that could challenge China’s economic clout in the region. The plan is expected to be launched on Saturday

Germany is pushing the European Commission to postpone tariffs on electric vehicle sales between the UK and the EU after industry warned that the measure would backfire. In a boost for Rishi Sunak’s government, Berlin now supports the UK’s calls for a three-year delay to the duties, two people familiar with the situation said. At

China’s exports fell 8.8 per cent in August compared with a year earlier, marking their fourth consecutive month of decline in another hit for the ailing manufacturing sector in the world’s second-largest economy. The August contraction was less severe than a forecast fall of 9.2 per cent, according to analysts polled by Reuters, and better than

Receive free Universal Music Group updates We’ll send you a myFT Daily Digest email rounding up the latest Universal Music Group news every morning. Universal Music has struck a deal to reshape the economics of music streaming, with changes aimed at directing more money to professional musicians and away from a “sea of noise” that