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-
Comms trouble
via ft.comCriticism of the Fed’s new communications strategy has been pointed -
Swiss economy grows at fastest rate since 2021
via ft.comChemicals and pharma sectors help GDP expand 1.5% in the second quarter -
FirstFT: Iran war pushes up mortgage costs for borrowers
via ft.comAlso in today’s newsletter: Anthropic and ChatGPT launch cheap models, and Venezuela requests return of 31 tonnes of gold -
A farewell to Matthew Jukes, Britain’s top wine expert
via moneyweek.com
Matthew Jukes, MoneyWeek’s wine columnist for 20 years, has died at the age of 58. Readers of the magazine and indeed its staff will sorely miss his amusing and ebullient reviews and unique voice, not to mention his expertise in seeking out delicious and affordable wines. He was always exceptionally busy elsewhere, too – he was, as The Telegraph says, “one of Britain’s busiest and most respected wine experts”, writing columns for the Daily Mail and becoming a star o -
Swiss economy grows at fastest rate since 2021 despite trade turmoil
via ft.comChemicals and pharma sectors help boost GDP by 1.5% in the second quarter -
Is CEO Dave Lewis Diageo’s hangover cure?
via moneyweek.com
Dave Lewis, new CEO of alcoholic-drinks giant Diageo, laid out plans to revamp thecompany after several years of falling profits, says Madeleine Speed in the Financial Times.The maker of Guinness and Johnnie Walker posted a 2% decline in organic revenue for the year to 30 June 2026, while operating profits dropped 27% to $3.2 billion. Savings will be made by “redesigning Diageo's operating model and overhauling its supply chain”, with the elimination of what Lewis calls “massiv -
Hilton Istanbul Bosphorus is where the city’s golden age still lingers
via moneyweek.com
Istanbul has existed in its various guises for millennia, straddling Europe and Asia across the Bosphorus. It is a cosmopolitan city. Here, you will find former Byzantine churches, many today serving as mosques, standing beside bazaars and rooftop restaurants frequented by tourists from all over the world. That centuries-old charm is still evident in the ruby-red çay (tea) that arrives without asking, baklava glistening behind bakery windows, the aroma of kebabs, and cats lounging beneath -
Karthik Sankaran on the case for yen intervention
via ft.com‘I’ve been calling for an intervention at least since dollar-yen was at 150’ -
FirstFT: Cheaper Chinese models push OpenAI and Anthropic into price war
via ft.comAlso in today’s newsletter: UK aid cuts and effective altruism revival -
The Treasury market’s toxic codependency
via ft.comThe US government bond market has become a hedge fund playground -
Pakistan and the new great game of Risk
via ft.comIslamabad has bold ambitions to play a more proactive role in the world -
Mortgage costs pushed higher by US stand-off with Iran
via ft.comInterest rates on home loans have jumped in America and several big European economies in recent weeks -
Trump launches tariffs targeting Chinese drone technology
via ft.comUS to impose up to 100% levies on unmanned aircraft and their components -
FirstFT: The battle for control of India’s biggest conglomerate
via ft.comAlso in today’s newsletter: Anthropic investors bet on $2tn valuation and Sanae Takaichi slams Vladimir Putin’s visit to disputed Pacific islands -
US sells 30-year bonds at highest borrowing costs since 2001
via ft.comYields have jumped amid concerns over mounting public debt and persistently high inflation -
US accuses more than 40 countries of helping China avoid Trump’s tariffs
via ft.comWhite House says Canada, Japan, EU and others enabling the evasion of levies for $60bn in trade via ‘transshipment scam’ -
Should you withdraw your pension before inheritance tax rule changes? What you must consider first
via moneyweek.com
After years of being told to spend our pensions last because they could be handed down free of inheritance tax, a new rule coming in from next April flips that guidance on its head. From 6 April, 2027, most unspent pensions passed on will be included in the estate for inheritance tax (IHT) purposes and could be taxed at 40%.The move has triggered a big change in behaviour, with many over-55s (the earliest you can currently take your pension) withdrawing more of their money sooner rather than lat -
Price of niche rare earth jumps on fears of renewed Chinese export controls
via ft.comErbium, used widely in infrastructure, is among the broad range of metals that China dominates production of -
UK growth resilient in second quarter
via ft.comReal GDP held up better than expected during the worst months of the energy price shock -
Maersk chief calls for investment push to ease trade strains
via ft.comContainer shipping group hiked guidance after port bottlenecks boosted freight rates and profits -
‘The most difficult dilemma’
via ft.comMonetary policy and supply shocks -
FirstFT: Anthropic investors bet on $2tn valuation
via ft.comAlso in today’s newsletter: Lab-grown diamonds and Wall Street’s wager on Nvidia’s AI chips -
Trump is taxing the dark matter that pays America’s way
via ft.comThe administration’s tariff regime undermines the income the US receives from deploying knowledge abroad -
China is winning the race for the Ice Silk Road
via ft.comMelting in the Arctic is unleashing a geopolitical tussle over new trade routes -
July inflation decline does not mean Fed’s September rise is off the table
via ft.comHeadline and core inflation rates were both lower, with energy prices registering another decline over the month -
Thousands of households near pylons to get £250 a year off energy bills – could you be eligible?
via moneyweek.com
Thousands of households living near new or upgraded electricity pylons and power lines are set to start receiving an energy bills discount worth £250 a year.The government has revealed the first locations where outdated electricity infrastructure will be upgraded, with households living close to these projects eligible for money off their bills.The scheme is due to start in the first half of 2027, with most eligible households getting an automatic discount on their electricity bill every s -
US inflation falls to 3.4% in July
via ft.comFallout from Iran war continues to reverberate across economy -
How will El Niño hit the world economy?
via ft.comDisruptive climate event is likely to be one of the strongest on record -
Zhu Rongji, reforming Chinese premier, 1928-2026
via ft.comJiang Zemin’s right-hand man laid the foundation for the country’s leap to economic superpower -
Prime ministers quiz: How much do you know about the history of the UK’s leaders?
via moneyweek.com
Andy Burnham is the UK’s newest prime minister, and the seventh since 2010. It makes him the 59th person to hold the office in Britain.Each one has left their mark on UK history, but how much do you know about them? Test your knowledge in our prime ministers quiz.How well did you do in our prime ministers quiz? Share your results on social media.For all the latest news and analysis, subscribe to MoneyWeek’s newsletters.Will taxes rise in the Burnham government's first Autumn Budget?T
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