UK to scrap extra carbon charge paid by fossil fuel power stations
Move broadly welcomed by industry comes as cost concerns rise up political agenda
Peter Mandelson failed UK Foreign Office vetting
Conservatives accuse Sir Keir Starmer of misleading parliament over appointment of former ambassador to the US
Kering CEO De Meo aims to double profitability in turnaround push
New chief says luxury group is at a ‘turning point’ as he lays out plans to boost profit and reduce dependence on Gucci
Israel and Lebanon agree ceasefire, Trump says
US president posts that 10-day truce will start on Thursday evening
Rebuilding — Josh O’Connor is terrific in Colorado wildfire drama
A cattle rancher loses everything but reconnects with his daughter, played by a superb Lily LaTorre
Glenrothan — Brian Cox’s directorial debut about estranged brothers is surprisingly sweet
The ‘Succession’ actor also stars as a distillery owner alongside Alan Cumming in this gentle, Highlands-set comedy
SNP pledges ‘1970s-style’ food price cap
Conservatives accuse Scotland’s main pro-independence party of trying to provoke constitutional row with Westminster
Venice will ‘ultimately be lost’ without rapid action
Italian city has ‘no optimal’ solution to adapt to sea-level rise, research finds
Getty must sell Shutterstock editorial business, says UK antitrust watchdog
CMA warns that $3.7bn merger of photo agencies depends on sale to address competition concerns
Russia, Ukraine and US named in €580mn legal battle over Nord Stream blasts
London High Court weighs case over who should pay for damage to Russia-Europe pipes sabotaged in 2022
Autoglass owner Belron prepares €30bn Amsterdam IPO
Listing for world’s largest car glass repair group would boost Europe’s lagging market
Crypto and AI Pacs raise $250mn ahead of US midterm elections
Investors Marc Andreessen and Ben Horowitz gave $25mn to pro-AI Super Pac in first quarter of year
ECB minutes suggest governing council may need more evidence before raising rates
Concerns over second-round inflation effects from Iran war are more muted than during 2022 energy shock
Will Donald Trump end US financial dominance? You asked, Alphaville answered
Alphaville’s Robin Wigglesworth and Toby Nangle replied to reader questions
UK testing specialist Intertek rejects EQT’s £9.3bn takeover proposal
Swedish private equity firm’s non-binding approach rebuffed by FTSE 100 group
Trump threatens to fire Fed chair Jay Powell — again
Also in today’s newsletter, pro-AI groups deploy millions in midterm elections
My Year in Paris with Gertrude Stein — Deborah Levy’s adventures with the avant-garde
A nameless narrator finds connections with the American pioneer of modernism in a confounding, compelling fiction-biography hybrid
Firebrand South African politician sentenced to jail for firing gun at rally
Five-year prison term threatens to derail career of Julius Malema, one of the country’s most polarising leaders
The pope versus the president: how Leo became Trump’s fearless foe
As he steps up his criticism of the Iran war, the pontiff’s American background has given him a role in US politics unlike any predecessor
One Flew Over the Cuckoo’s Nest — can anyone replace Jack Nicholson? You bet
Aaron Pierre’s mighty McMurphy and Olivia Williams’s nuanced Nurse Ratched enliven a new staging emphasising racial oppression
Subscriber webinar: how big are the risks in private credit?
FT journalists answered your questions at a subscriber webinar on 16 April
Premier League clubs rack up almost £800mn of losses
Club accounts for 2024-25 season show cumulative losses ballooned as teams spent heavily on players
Inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane. Explore the latest data through interactive charts
The costly voting structure for US funds needs an overhaul
The current outdated system was designed for a very different era