Top headlines from across today’s paper
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FINANCIAL TIMES
Thursday, 3 July 2025
 
 
 

Top Headlines from the UK Edition

 
 
 
Starmer moves to bolster Reeves after tearful Commons episode fuels bonds slump
 
UK prime minister says he ‘in lockstep’ with chancellor who will be in the position for a ‘very long time to come’
 
 
Crying for a lost Labour government
 
If the double act is no longer working, the core problem may not be Reeves
 
 
Investors fret over talk of AstraZeneca US move
 
Drug group chief Pascal Soriot frustrated with UK but shareholders worry about country losing FTSE’s largest company
 
 
Bumble chief criticises staff for ‘freaking out’ over London job cuts
 
CEO Whitney Wolfe Herd warns ‘dating apps are feeling like a thing of the past’
 
 
Which UK taxes are expected to rise in the autumn Budget?
 
Chancellor faces some unpalatable options in the wake of Labour’s costly retreat on welfare
 
 
 

Top Headlines from the International Editions

 
 
 
Donald Trump’s tax bill on the brink as House rebels hold up passage
 
Legislation’s deep healthcare cuts and implications for national debt spook parts of president’s Republican party
 
 
OpenAI signs $30bn data centre deal with Oracle
 
Stargate joint venture with SoftBank seeks more computing power to run powerful AI models
 
 
How Goldman Sachs won big in the Fed’s annual stress test
 
Easier scenario and changes to requirements allowed Wall Street bank to ratchet up shareholder payout
 
 
Donald Trump says US has struck trade deal with Vietnam
 
President says Vietnamese exports to US will be subject to 20% levy
 
 
Zohran Mamdani is wrong — of course billionaires should exist
 
The democratic socialist candidate to be mayor of New York mistakenly believes that the economy is a zero-sum game
 
 
 

Markets

 
 
 
Trump budget reduces support for US minerals despite trade concerns
 
Legislation will raise costs for companies that extract lithium, nickel, cobalt and magnesium
 
 
Satellite backed by Google and Bezos to track methane is lost in space
 
Loss of satellite hampers monitoring of invisible gas driving significant share of global warming
 
 
UK’s City watchdog expands rules on bullying and harassment
 
Financial Conduct Authority says more financial services companies will have to report cases of serious misconduct
 
 
EY broke US audit rules on Shell mandate two years in a row
 
Big Four firm in regulatory crosshairs after exceeding time limits on work for oil major in the US and UK
 
 
The jobs market puzzle
 
Plus Medicaid and healthcare stocks
 
 
 

Companies

 
 
 
Apollo-backed Athora nearing takeover of UK’s Pension Insurance Corporation
 
Private capital group’s European insurance unit in talks for a 100% stake in retirement savings group
 
 
Private healthcare groups criticise ‘minimum’ waiting times for NHS operations
 
Dispute erupts over ‘artificial’ targets as Starmer prepares to set out government’s 10-year plan for health service
 
 
Qantas hit by cyber attack after FBI alert on Scattered Spider group
 
Australian airline investigating whether hacking group that targeted M&S is behind customer database breach
 
 
Armour maker Kevlar targeted in $2bn private equity race for DuPont assets
 
Advent International and Platinum Equity ready to pounce as chemicals giant changes tack
 
 
Ukraine summons top US diplomat after Washington halts some arms supplies
 
Reduction in weapons shipments makes Kyiv more vulnerable to Russia’s escalating attacks
 
 
 

Opinion

 
 
 
Running one of London’s top restaurants is a high-wire act