Top headlines from across today’s paper
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FINANCIAL TIMES
Saturday, 26 July 2025
 
 
 

Top Headlines from the UK Edition

 
 
 
Donald Trump brings war against the Fed to Jay Powell’s home turf
 
Current and former officials view the US president’s widening assault on the central bank with alarm
 
 
Capital gains tax receipts fall after big cuts in allowances
 
Revenue falls 18 per cent in 2023-24 to £12.1bn as the UK’s efforts to increase revenues from the levy backfire
 
 
How to live in a G minus one world
 
As America disengages, other countries are having to work together to find solutions to global problems
 
 
Charge higher-income patients for NHS to offset UK’s spending squeeze, says IMF
 
Fund says Britain should consider new models for public services and pensions in the long-term
 
 
Wall Street ‘euphoria’ sparks bubble warnings
 
Analysts point to signs of market froth as bitcoin soars and ‘meme stocks’ re-emerge
 
 
 

Top Headlines from the International Editions

 
 
 
Von der Leyen says she will meet Trump in Scotland as hopes rise of EU-US trade deal
 
European Commission president’s trip comes as bloc races to avoid transatlantic trade war with Washington
 
 
AI start-up Anthropic open to Mideast funds in talks to double valuation to over $150bn
 
Rival to ChatGPT maker OpenAI has so far shunned Gulf sovereign investors that ‘enrich dictators’
 
 
Trader who claims he made 97% of hedge fund’s revenues sues over bonus
 
Robert Gagliardi was denied payout, with Evolution Capital blaming ‘abrasive attitude’
 
 
Why are young adults in the English-speaking world so unhappy?
 
Society sold the dream of home ownership — then cruelly snatched it away
 
 
Chinese kindergartens in crisis as enrolments plunge 25% in 4 years
 
Demographic decline hits vast education system as drop-off in births leads to school closures
 
 
 

Markets

 
 
 
‘All the banks were lying’: Tom Hayes on his decade-long battle for justice
 
Ex-UBS trader accused of Libor-rigging had his conviction overturned by UK Supreme Court
 
 
FCA bans former H2O deputy CEO from financial services industry
 
Watchdog says executive ‘has no place in the industry’ and penalty ‘should serve as a warning to others’
 
 
What bankers should learn from the Tom Hayes acquittal
 
Justice has been served in this case but there is no safety in numbers
 
 
FCA finalises ban on ex-Barclays boss Jes Staley after Jeffrey Epstein ruling
 
Bank’s former chief executive did not appeal against court decision upholding watchdog’s findings
 
 
Meta to pull political ads in EU in response to new disinformation rules
 
Facebook and Instagram owner says new transparency regulations are ‘unworkable’ in latest attack on Brussels
 
 
 

Companies

 
 
 
LVMH exploring sale of Marc Jacobs brand
 
French luxury giant has signalled it will dispose of labels as high-end demand slumps
 
 
US kicks off $151bn procurement process for Trump’s ‘Golden Dome’
 
Defence contractors and start-ups line up for windfall from missile defence project
 
 
Fans warned over Women’s Euro final ticket scams
 
‘Think twice’ before buying from unauthorised sites
 
 
Stockpickers: What’s in a name? The power of brands in online search
 
Widespread recognition leads to a competitive advantage
 
 
US regional banks need to team up to compete
 
Smaller banks are being squeezed by Wall Street giants such as JPMorgan and Bank of America
 
 
 

Opinion

 
 
 
Border control: an agile agenda for Kew’s new director of gardens
 
How will Raoul Curtis-Machin guide the botanical gardens in an era of cuts and