Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of England’s latest cut to the base rate will lead to lower mortgage costs and a boost to the housing market at the start of next year’s buying season, experts said. The BoE trimmed … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hogan Lovells and Cadwalader, Wickersham & Taft are set to merge in the largest-ever law firm tie-up, creating a behemoth with combined revenues of more than $3.6bn. The new firm, which will be known as … Read more
Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. Wall Street economists have warned that November’s US inflation report was flawed due to missing data because of the recent government shutdown. Thursday’s consumer price reading of 2.7 per cent was well below expectations of … Read more
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Ukraine has won investor backing to restructure $2.6bn in debts that paid out based on economic growth, bolstering Kyiv’s war finances and slashing the cost of reconstruction after Russia’s invasion. Ukraine’s finance ministry said … Read more
EU leaders vowed to find the money to cover Ukraine’s financing needs at a summit in Brussels on Thursday, even as Belgium restated its unwavering opposition to using Russia’s frozen assets. The bloc is seeking to use €210bn in Moscow’s sovereign assets held in Euroclear, the central securities depository based in Belgium, to guarantee a … Read more