How should the UK celebrate 250 years of American independence?
Reiterating the liberal ideals behind the revolution may be tricky when they are out of favour in the White House
Revived Siemens Energy fends off activist call for wind spin-off
German group has staged a dramatic recovery but some see Siemens Gamesa weighing on its valuation
Drug gangs pose grave threat to European security, agency warns
Scale of Europe’s narcotics crisis ‘not even possible to imagine’, says EUDA director Alexis Goosdeel
How Kiko Kostadinov’s kooky designs for Asics changed the sneaker game
Meet the duo setting the bar for designer collaborations
Any long suit is worthy of your veneration
Inaccurate defence allows prepared declarer time to counter
FirstFT: US dirty money fines drop 61% this year
Also in today’s newsletter: 200,000 European banking jobs at risk, and Paramount’s Warner Bros bid
Eurostar warns of delays after restarting Channel Tunnel services
Travel chaos caused by cabling fault and breakdowns left thousands of passengers stranded
Even with Trump in the White House, can coal be saved?
US president has hailed the fossil fuel as ‘indestructible’ but weak investor demand plagues the sector
Iran replaces central bank head in effort to contain cost-of-living protests
Anger over collapse of currency has provoked largest demonstrations in Islamic republic in years
Labour and Tories are wrecking an election rule of thumb
Time may be up for the assumption in UK politics that incumbent governments get re-elected
Xi says China has hit 2025 growth target
Leader hails ‘new heights’ for economy, technology and defence in year racked by trade turmoil
Transcript: Predicting 2026 — Will Trump and Musk officially reunite?
Victoria Craig talks to Edward Luce
Number of festive drone shows in UK hits record levels
Displays have surged in popularity but high costs, reliability issues and strict rules threaten to restrict growth
Reinsurers extend profit boom as they cut cover to cope with disasters
Broker Guy Carpenter says profitability increased 2 percentage points to 18% in 2025
Year in a word: ‘Peace’
Despite ceaseless Trumpian talk of ending the world’s wars, it’s not quite that easy
‘What will happen to house prices next year?’ — it’s a tricky question
For all their faults, house price predictions are not as useless as you might expect
‘There’s a real dislike, even loathing’: why voters hate Starmer and Reeves
Allies concede the prime minister and chancellor have made mistakes yet the level of disdain towards them is still striking
European investors must brace for a year of geopolitical instability
Menaced by Russia and bullied by America, a potential Ukraine peace deal is not guaranteed to usher in prosperity
Taichung’s museum and library complex weaves together art, light and learning
The Taiwanese city’s Museumbrary is a stunning new civic space
Will I be responsible for unpaid tax on my late mother’s estate?
I am the executor and have discovered my sibling did not declare a gift from our mother
Trump Mobile delays plan to launch gold-coloured smartphone this year
Move marks latest setback for project that originally promised to sell a US-made device
US fines for dirty money drop 61% as Trump retreats from enforcement
Total penalties imposed by financial watchdogs fell to $1.7bn in the year to December 19
Forecasting the world in 2026
FT writers’ predictions for the new year, from the likelihood of higher Trump tariffs to the future of interest rates and the arrival of humanoid helpers
Wild London — mesmerising urban doc is a true David Attenborough event
The legendary broadcaster turns his attention to the city he has called home for more than 70 years