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Property ‘flipping’ hits 12-year low as charges and tax changes hit market

Investors who buy and sell houses to make quick profits feel the squeeze from higher costs and stamp duty

Flood watch alert remains in effect as questions are asked about issue of warnings

Intense assault on Magic Seas appears to be first by rebel group since December

Also in today’s newsletter, Tony Blair Institute took part in ‘Gaza Riviera’ project, and China’s overseas mining rush

Negotiators discuss terms of potential ceasefire with Hamas but big gaps persist as Israeli leader heads for Washington

Billionaire investor offers no significant details but suggests key congressional races will be initial targets

Treasury secretary’s warning comes as 90-day pause on steep levies is set to expire on Wednesday

Former UK prime minister’s institute participated in meetings on plan to turn shattered enclave into trading hub

Value of goods sent to US falls but shipping to Asean countries and EU rises

Enlarged bloc avoids mentioning US as it condemns strikes on Iran and expresses concern about tariffs

Trade talks ahead of July 9 cut-off, Netanyahu meets US president and UK Post Office IT scandal inquiry publishes its first report

Ayatollah Ali Khamenei’s attendance at ceremony follows speculation about his safety

Focusing on artificial dyes and seed oils misses the true culprit — excess toxic fat

Labour unveils Blair-style family hubs as Reform UK gains ground in new poll

Donald Trump’s policy agenda does not address Republican economic realities

Market Questions is the FT’s guide to the week ahead

Rescuers are still searching for girls missing from summer camp after Guadalupe River burst its banks following a deluge

Issues ranging from medicine approval delays to attacks on Harvard research grants knock driver of regional economy

AI is only one of the many pressures facing university leavers

Sibanye-Stillwater chief executive says suppliers to western nations need ‘level playing field’

Work on final assembly line has wound down after dearth of new orders for the combat aircraft

Germany argues state aid will benefit Eurozone if bloc’s largest economy is revived

Admissions of overwhelm show humanity, if people in charge are strategic with their weaknesses