Noel Tata: How we made fashion one of our biggest businesses
Noel Tata and P Venkatesalu on the fast-growing retail chain you have likely never heard of
Attack in Strait of Hormuz halts evacuation plan for stranded ships
International Maritime Organization announces pause after container ship was hit by ‘unknown projectile’
Letter: Tying directors’ rewards to shareholder value leads to disaster
From Malcolm Bacchus, Past President, ICAEW, London SE14, UK
Letter: Demand is for affordable homes, not help to buy
From Jonathan Pearson, Director, Residentially Chartered Surveyors, London W1, UK
Letter: Greenspan’s advice was ahead of its time
From Tony Smith, Bishop’s Stortford, Hertfordshire, UK
Letter: UK defence investment is strangled by bureaucracy
From Jonathan Shaw, Maj Gen (Ret’d), Winchester, Hampshire, UK
Letter: A clear view into Palantir’s NHS data contract
From Stephen Childs, Special Adviser at Palantir, London W1, UK
Will Asim Munir’s push for US-Iran peace pay off for Pakistan?
Islamabad elites are pinning their hopes on an agreement that could unlock financial support
Letter: BoE is blind to structural forces driving inflation
From Kaleem Mirza, London SW18, UK
Letter: Employers aren’t up to the task of filling AI skills gap
From Verdant Sampath, Chief Technology Officer, Nexthink, Lausanne, Switzerland
Letter: And that’s a wrap . . .
From Barbara Clancy, Stillorgan, Co Dublin, Ireland
June temperature records broken across Europe
‘It’s the humidity I can’t stand’
Trump administration asks OpenAI to stagger release of new model to vet users
The US Treasury, commerce department and other government offices request limited distribution of GPT 5.6
Dimon upends succession race at JPMorgan again
Longtime lieutenant Marianne Lake recently informed she was no longer a CEO contender as new top deputies are named
Venezuelans search for survivors after devastating earthquakes
Officials put death toll at 188 but expect it to climb as victims are dug out of the rubble
FT Crossword: Number 18,410
Starmer locked in stand-off with Mahmood over her push to sack migration minister
Home secretary wants Mike Tapp dismissed after calling for care workers to be exempt from tough immigration controls
FT Legal Outlook
We look at how the industry is shaping its future in response to upheaval on many fronts — from AI to new types of law firm. Plus: the inaugural FT Law 50 listing of influential individuals
How AI is powering new law firm structures
Interest in a model that separates legal casework from other operations exploded alongside the new tech
Legal sector can use psychology to beat fear of AI
Understanding the feelings that get in the way of embracing tech is important
Trump’s tests of the US justice system
For the time being, it is just about holding
Wall Street law firms ponder fresh era of insider trading risks
Alleged illegal misuse of private deals information at elite law firms has shaken many
In-house lawyers aim to shed the grind, not the people
Legal teams find that AI opens up opportunities on top of shouldering repetitive drudge work
Law firms look for clear gains from AI
Despite increased spending on legal tech, barriers to its full embrace remain