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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK chancellor Jeremy Hunt has cut national insurance by 2 percentage points and made business investment tax relief permanent, as he put a £20bn tax giveaway at the heart of his Autumn Statement. Hunt claimed

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jeremy Hunt will on Wednesday put a £9bn permanent tax break for business at the heart of his Autumn Statement, as the UK chancellor attempts to jolt Britain’s sluggish economy back to life. Facing forecasts

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Microsoft has hired Sam Altman and Greg Brockman to lead a team conducting artificial intelligence research, days after the pair were pushed out of OpenAI, the company they co-founded. Writing on X on Monday, Microsoft

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. OpenAI investors are working to get rid of the company’s board and reinstate Sam Altman as chief executive of the generative AI start-up, according to people with direct knowledge of the situation, in what would

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sam Altman was pushed out of OpenAI over a “breakdown in communications” with the company’s board rather than financial impropriety or malfeasance, according to an internal memo sent to staff at the ChatGPT parent and

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Saudi Arabia is preparing to prolong oil production cuts into next year as Opec+ weighs further reductions in response to falling prices and rising anger over the Israel-Hamas war. After prices hit a four-month low

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jeremy Hunt is looking at cutting inheritance tax and business taxes in next week’s Autumn Statement, as ministers confirmed he would have more fiscal “headroom” than expected for giveaways. Hunt is under significant pressure from

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK Supreme Court has unanimously ruled that the government’s policy of deporting asylum seekers to Rwanda is unlawful, in a major blow to Rishi Sunak’s government. Lord Robert Reed, president of the Supreme Court,

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Suella Braverman has accused Rishi Sunak of a “betrayal” of his pledge to “stop the boats” in a blistering attack on the prime minister. The former home secretary lashed out at Sunak a day after

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak has sacked Suella Braverman, the controversial home secretary, after she defied the prime minister’s authority last week, as the he launched a major reshuffle of his top team. In further developments on Monday

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A top UN official has condemned attacks on hospitals in Gaza as “unconscionable” and “reprehensible”, as Israeli forces battled Hamas militants in the streets around the besieged strip’s largest medical facility. Martin Griffiths, the UN’s

Business taxes are set to fall in this month’s Autumn Statement as UK ministers signalled that they want to incentivise companies to pull Britain out of its growth stupor. As new data showed the economy flatlining, chancellor Jeremy Hunt and his deputy John Glen made clear their desire to cut business taxes, including by extending

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK economy stagnated in the three months to September according to official figures that highlight the challenge facing chancellor Jeremy Hunt as he seeks to revive growth in his upcoming Autumn Statement. Gross domestic

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Apple has been dealt a blow in its €14.3bn tax dispute with Brussels after an adviser to the EU’s top court said an earlier ruling over its business in Ireland should be shelved. Giovanni Pitruzzella,

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. SoftBank was forced to wire $1.5bn to Goldman Sachs and other lenders days before WeWork filed for bankruptcy, as the cost of one of the worst venture capital investments in history has continued to mount

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Short-term UK gilts rallied sharply on Tuesday as traders seized on comments from a senior Bank of England policymaker suggesting it may be willing to consider interest rate cuts in the middle of next year.  The

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump downplayed the importance of the financial statements at the centre of a civil fraud lawsuit as he testified about his finances and business empire in an extraordinary legal and political spectacle. “They were

Decades before he orchestrated the October 7 attacks by Hamas on Israel, Yahya Sinwar was jailed by an Israeli military tribunal for multiple murders. His response: to study Hebrew. “[Vladimir] Jabotinsky and [Menachem] Begin and [Yitzhak] Rabin — he read all the books that came out about prominent Israeli figures,” said Micha Kobi, who interrogated

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Palestinian officials in Hamas-controlled Gaza accused Israel of launching an air strike on a refugee camp in the besieged strip that they said killed dozens of people, as the US and Israel rejected calls from

US secretary of state Antony Blinken was set to meet Arab envoys in Jordan on Saturday as fierce battles raged between Israeli forces and Hamas fighters on the outskirts of Gaza City. The fighting picked up pace after Israeli prime minister Benjamin Netanyahu rejected a US plea on Friday for a “humanitarian pause” to allow