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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Swiss wealth managers are urging the government to halt the launch of a vast new register of company owners after hackers stole similar data on thousands of people from neighbouring Liechtenstein.The Swiss Association of Wealth Managers has asked Bern to pause the October 1 rollout of its new “transparency register”, which will be accessible by designated authorities and financial institutions subject to anti-money laundering rules but not directly by the public.The association warned the government that concentrating information on the ultimate owners…
Message discipline is being emphasised inside the Treasury too.The biggest moment for the Burnham government this autumn will come on 28 October, when Chancellor John Healey unveils the Budget.Sir Keir and his chancellor Rachel Reeves were widely seen to have been damaged politically when many of the policies in their Budgets made their way into the media.In response, Burnham’s administration has put measures in place to try to stop those leaks and it’s understood the Treasury is telling officials that Budget security is like national security.Nevertheless, speculation about the Budget is likely to dominate the coming weeks in Westminster, in…
Cacio e pepe, alla Gricia, carbonara and all’Amatriciana might look like separate classics, but watch a Roman kitchen at work and an ingenious system is revealed Source link
Ancient farming practices are having to adapt to Britain’s increasingly brutal summers, writes James Rebanks Source link
U.S. Treasury Secretary Scott Bessent speaks during a press conference at the Cash Room of the Treasury Department in Washington, D.C., on Aug. 24, 2026.Mehmet Eser | Anadolu | Getty ImagesThe Treasury Department on Friday moved to sanction the United Arab Emirates branch of an Egyptian bank over its financial ties to Iran.Treasury intends to revoke the access of Banque Misr UAE to U.S. financial institutions, the department said in a statement. Banque Misr UAE processed about $1.8 billion over the past two years for some 100 companies that are potentially part of Iran’s shadow banking network, according to Treasury.…
Mark Walter chief executive officer of Guggenheim Partners, primary owner and chairman of Major League Baseball’s Los Angeles Dodgers and a 12.7% of BlueCo, a holding company that controls Premier League club Chelsea on the field after the FIFA Club World Cup Final against Paris Saint-Germain on July, 13, 2025 at MetLife Stadium in East Rutherford, New Jersey. (Photo by Rich Graessle/Icon Sportswire via Getty Images)Rich Graessle | Icon Sportswire | Getty ImagesTwo banks have paused selling products of Mark Walter’s Delaware Life amid concerns of federal probes into how the insurer’s parent company reported about $20 billion in assets…
Treasury Secretary, Scott Bessent (L), and Sen. Elizabeth Warren (D-MA).Getty ImagesTreasury Secretary Scott Bessent unleashed a scathing personal attack on Sen. Elizabeth Warren Friday, accusing the Massachusetts Democrat of misunderstanding foreign-exchange markets while leaving several of her questions about a rare U.S. intervention in the Japanese yen unanswered.”In her latest sciolistic letter to me, @SenWarren made it clear that she knows even less about foreign exchange markets than she does about banking,” Bessent wrote on X about the top Democrat on the Senate banking committee. He offered Warren and her staff a tutorial on “Foreign Exchange for Dummies” and accused…
A Kalshi advertisement seen in Washington D.C. on March 27, 2026.Paul Lester | CNBCThe Ninth Circuit Court of Appeals rejected prediction markets platforms’ requests for injunctive relief against the Nevada Gaming Control Board, concluding that sports-related event contracts are not a derivative regulated by the federal government. The court rejected appeals by Kalshi and Crypto.com, two prediction market platforms, to stop Nevada from halting their operations which the state claims are gambling offerings outside of the gaming control board’s framework. The court also ruled against Robinhood’s request for injunctive relief. That firm also features event contracts on its trading platform. Under scrutiny…
US President Donald Trump speaks after signing an executive order that aims to rename Lake Ontario to Lake America in the Oval Office of the White House in Washington, DC, on Aug. 27, 2026.Jim Watson | AFP | Getty ImagesA federal judge on Friday rejected an effort by President Donald Trump to transfer to federal court the New York state criminal hush money case that ended with his conviction.Judge Alvin Hellerstein’s ruling was the second time he had denied Trump’s request that his criminal case be handled in U.S. District Court in Manhattan. Hellerstein said that Trump had waited too…
Prime Minister Andy Burnham has revealed he will not vote on the assisted dying bill for England and Wales unlike his predecessor Sir Keir Starmer.MPs are likely to get the chance to debate and vote on the Terminally Ill Adults (End of Life) Bill in two weeks’ time.The bill is identical to the one put to Parliament last year, where it passed in the House of Commons but stalled in the Lords after an unprecedented number of amendments meant it ran out of time.Burnham said he has his “own personal views on the issue” but it was “a matter for…