US banks win back right to lend more than they should
Trump has gifted lenders the freedom to make the same mistakes again
UK financial watchdog finds no signs of insider trading around pre-Budget leaks
FCA boss criticises OBR’s decision to take down premature analysis of Rachel Reeves’ financial statement
KPMG tax business pushes firm to faster growth than Big Four rivals
Accountancy reports global revenues of $39.8bn, still far lower than those at competitors Deloitte, PwC and EY
Oil falls below $60 a barrel on hopes of Russia-Ukraine peace deal
Brent crude hits lowest intraday level for six months
UK ministers consider ads and subscriptions for BBC as part of funding rethink
Broadcaster enters negotiations over new 10-year charter amid intensifying competition from online rivals
Trump administration hits out at WTO before crunch meeting
US says the World Trade Organization is sliding towards irrelevance
The surprising survival of fashion catalogues
Why brands such as Me+Em and Toast are championing an old-school print format in our online age
New planning rules in England to stop councils blocking developments
Government aims to drive ‘densification’ and revive push to build 1.5mn homes
US unemployment rate hits four-year high of 4.6%
Jobless level for November indicates weakening labour market
UK orders review of foreign interference in British politics
Inquiry to examine political funding rules, including use of cryptocurrencies, after former Welsh Reform leader was jailed for bribery
Paris Saint-Germain ordered to pay Mbappé €60mn
Tribunal decision is blow to French football club after it was sued by former star player over alleged unpaid wages and bonuses
Mixed US jobs report is unlikely to bolster case for more rate cuts
Growth in payrolled employees was above market forecasts, though the unemployment rate was also slightly higher
Kraft Heinz appoints former Kellanova boss as new chief
Ketchup maker says current CEO will not have management role when group splits next year
The ‘shockingly small’ circle shaping Trump’s diplomatic efforts
Also in today’s newsletter, how Nvidia chief executive Jensen Huang won over the US president
Avatar: Fire and Ash — a franchise showing signs of narrative burnout
Oona Chaplin oozes charisma as a gun-crazed witch in James Cameron’s otherwise flashy but formulaic third visit to Pandora
Bank of England set to cut rates but remain cautious on further easing
Read the Monetary Policy Radar preview of the Bank of England’s meeting on Thursday
Why is Donald Trump suing the BBC — and will he win?
US president’s $10bn lawsuit over ‘Panorama’ documentary is branded ‘extravagant’ but adds to pressure on UK broadcaster
A review of the ECB’s proposed banking rules overhaul
Simplification — EU style
Equinor hit with €60mn penalty over alleged pollution at refinery
Norway’s state-owned oil company denies wrongdoing and intends to contest verdict and penalty
Bullish investors pile into stocks as cash levels sink to record low
Fund managers most optimistic since 2021 despite worries over tech valuations, Bank of America survey shows
How central banks should navigate an uncertain 2026
Communicating better about what they don’t know would be a start
Canada clears way for $60bn Anglo Teck merger
Ottawa lawmakers won concessions over mega-deal between domestic copper producer and London-listed group
Rob Reiner, director and actor, 1947-2025
Filmmaker who made some of the most beloved comedies of all time and worked successfully across many genres
Can Brazil’s grid keep up with its clean energy boom?
The transmission system’s inability to absorb extra power has forced suspensions of renewables plants at an alarming rate