BUSINES 
Senior Bank of England staff members who resigned from climate and nature risk supervision roles have complained the central bank neglected the issues, leaving the UK financial sector underprepared. Six people who left the BoE between 2020 and last year told the Financial Times that climate change had been deprioritised under governor Andrew Bailey. Some … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Mark Carney has vowed to work with Canada’s oil industry to boost production and reduce emissions, as the new prime minister touts an economic agenda to face down Donald Trump’s tariff threats. The Canadian leader … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Uber has appointed its first chief operating officer since 2019, as chief executive Dara Khosrowshahi shakes up senior leadership and loosens his grip on the ride-hailing company. Andrew Macdonald, Uber’s head of mobility, has been … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Donald Trump’s administration has begun a process to open swaths of Alaska’s wilderness to oil drillers by scrapping Joe Biden-era restrictions as the president pushes ahead with sweeping green rollbacks. The US interior … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Google’s parent company Alphabet will spend at least $500mn over the next 10 years on rebuilding its global compliance structure, under the terms of a proposed settlement with shareholders suing it for alleged antitrust violations. … Read more
The Strategic Defence Review has been billed as a 10-year stock take of UK defence and strategic priorities and will be eagerly read by contractors for hints at the government’s spending plans. This SDR, called by Prime Minister Sir Keir Starmer when he came to office last July, was undertaken in the shadow of the … Read more
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. The development of artificial intelligence is one of the biggest changes in how we live and work since at least the invention of the internet. It will change how we all go about our days. … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Marks and Spencer chief executive Stuart Machin received total pay of more than £7mn in the last financial year, a bumper reward ahead of an expected drop in his earnings after April’s devastating cyber attack … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK will need to spend around £68bn to prepare its armed forces for modern warfare, a long-awaited strategic defence review suggests, laying bare the spending pressures on Sir Keir Starmer’s government. The review of … Read more
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Civil servants who have used artificial intelligence tools for administrative tasks freed up two weeks a year in working time, according to a government trial that ministers said showed how the technology can achieve productivity … Read more