UK household energy bills to rise by 13% from July to two-year high
Ofgem’s cap increase means annual energy costs will rise to £1,862
Byju’s founder sentenced to jail in Singapore for contempt of court
Judge orders six-month jail term for edtech group’s chief Byju Raveendran
Samsung workers set for $400,000 bonus after deal to share AI profits
Agreement with union ends wrangling over how to share spoils of boom at memory-chip maker
Is BP ungovernable? Chair’s ousting over ‘bullying’ fuels fresh cycle of chaos
Albert Manifold’s behaviour and use of personal devices cited as factors in removal that has piled pressure on CEO Meg O’Neill
AI’s mixed economic signals
Plus, the euro convergence trade
How the EU quietly backed away from talking up its mutual defence clause
Also in this newsletter: Should the EU drop its online ‘fairness’ push?
Trad bookies ♥ prediction markets
C-c-c-c-combo rakers
FTAV’s further reading
Pontiff vs AI; CFTC compromised; Louisbait; weird Americana
Transcript: The 18th-century woman who made saving possible for the poor
Gillian Tett and Robin Wigglesworth talk to Victoria Bateman, author of ‘Economica’
FirstFT: Is the Board of Peace in limbo?
Also in today’s newsletter: BP boardroom shake-up and EU car subsidies
Introducing: The Story of Money
A new video podcast from The FT exploring the history of finance
Halifax and TSB have outlived their brand-name usefulness
Bank consolidation in Britain now makes sense in targeting customers for multiple products
The legacy of Jay Powell at the Fed
The outgoing chair has made some mistakes, but his decision to stand up to Trump was heroic
Transcript: AI Labs — Elon Musk wants AI in space
Murad Ahmed talks to Stephen Morris and Hannah Murphy
Transcript: BP shakes up its leadership . . . again
Marc Filippino talks to Verity Ratcliffe and Jennifer Hughes
Bullying problem? The battle inside BP’s boardroom
With the ousting of Albert Manifold, BP has replaced two chief executives and two chairs in the past three years
UK retailers call for £2.60 small parcels charge to close customs loophole
M&S, Primark and Next want government to close exemption benefiting Chinese rivals
France signals volte-face on ‘Made in Europe’ subsidies for UK car industry
Paris initially lukewarm on including Britain in European Commission proposal to shield strategic industries from imports
UK software investor Hg strikes first buyout deal since SaaSpocalypse
Acquisition of rights and royalties management company for $500mn comes after plunge in software stocks
Who was Bond before 007? New game First Light has the answer
While his movie counterpart takes a break, the spy returns with a youthful look, a promoted Moneypenny and Lenny Kravitz as villain
Hong Kong overtakes Switzerland as hub for global offshore wealth
Chinese territory enjoys surge of investment from mainland as wealthy spread assets across different jurisdictions
Netflix hits out over German plan to make groups invest more in Europe
Streamer among those criticising proposal as protectionist as government looks to boost industry
A lamb chop lunch from the chef behind London’s buzziest French restaurant — with recipes
What does Bouchon Racine co-owner Henry Harris eat with his family?
Thousands of Iranians reach Saudi Arabia for Hajj despite war
Tehran and Riyadh seek to ease tensions as pilgrims head for Mecca and Medina