Vance touts Trump’s economy to shift message on high costs
Vice-president urges patience on affordability after Trump veers off script on cost of living crisis
India’s central bank governor signals rates to stay low for ‘long period’
Sanjay Malhotra celebrates ‘Goldilocks’ growth that could be boosted further by trade deals with US and EU
High-profile figures pictured in newly released Epstein photos
‘Behind every door, there’s a new Epstein photo’
Trump orders blockade on sanctioned oil tankers off Venezuela
US president says military build-up will continue until return of oil and assets ‘they previously stole from us’
Waymo in talks to raise funds at $100bn valuation
Alphabet’s robotaxi venture plans to expand to dozens of cities, including London and New York
Letter: The EU’s trailblazing investment funds regime
From Mark St Giles, Cadogan Financial
Letter: Ministers misdiagnose rise in Neets as a laziness issue
From Samuel Ducrey, UCL Economics Student, London NW1, UK
Letter: Full metal dust jacket
From Izhar Khan, Consultant Nephrologist and Honorary Senior Lecturer (NHS Grampian)
Letter: Singapore’s disciplined balance-sheet management
From Dag Detter, Stockholm, Sweden
Letter: Steps the UK must take to improve its energy system
From Chris Bernkopf, Chief Executive and Co-founder, Podero, London EC3, UK
Letter: Brussels is creating a green spaghetti bowl of regulation
From Jodie Keane and Colette van der Van
Letter: It doesn’t feel like business rates are at a 34-year low
From Christian Oddono, Managing Director, Oddono’s Gelati Italiani
Letter: My philosophy tutor had little time for superstition
From Luke Powell, Charing, Kent, UK
UK plans to remove curbs on litigation funders to broaden access to justice
Government says move will empower citizens but critics say it will expose businesses to more costly class-action lawsuits
UK backs £150mn package for Ineos’s Grangemouth chemical plant
Government says investment will protect 500 jobs at a time when facilities across Europe are being shut down
UK driving tests agency will not hit key waiting time target until 2027
Public spending watchdog calls for ‘underlying issues’ at DVSA to be tackled in bid to cut backlog
FT Crossword: Number 18,241
UK set to rejoin EU’s flagship Erasmus student exchange programme
Britain expected to return to Erasmus+ scheme in 2027 as part of reset of relations with the bloc
Andersen valued at $1.75bn in IPO for consulting spin-off of Enron auditor
Former Arthur Andersen partners raise $176mn after pricing shares at top of range
Trump expands US entry ban to include Palestinians and Syrians
Administration cites war and weak governance without citing evidence of specific security threats from nations listed
Euroclear put on notice about possible rating downgrade
Fitch highlights liquidity risks for central securities depository if EU plan for a loan to Ukraine goes ahead
Medline raises more than $6bn in biggest IPO of 2025
Upsized deal was closely watched as a sign of investor appetite for new listings
Oil settles below $60 a barrel on hopes of Russia-Ukraine peace deal
Brent crude falls to lowest level in almost five years
FirstFT: Warner Bros to reject $108bn Paramount hostile offer
Also in today’s newsletter: Global brands seek PE partners in China, and oil falls below $60 a barrel