Exit of Gerry McGovern comes just two weeks after arrival of new JLR chief executive

President calls Jay Powell a ‘stubborn ox’ in latest attack on current US central bank chief

Russian president hosts Witkoff and Kushner for negotiations as military claims battlefield advances in Donetsk

Keir Starmer agonising over decision after last-minute search by Foreign Office to find a heavyweight diplomat

Rising public debt is one concern — another is how it is being financed

New standards will maintain resilience while ensuring regulation doesn’t choke activity

Release of French start-up’s latest system comes amid growing concern that Europe is falling behind US and China

Investment boutique co-founded by Jonathan Ruffer suffers dwindling assets under management

David Miles says watchdog’s letter aimed to ‘set the record straight’ after ‘persistent leaks’ to the media

A $1.44bn dividend reserve raises new concerns for shareholders of the bitcoin treasury company

CS Venkatakrishnan tells FT summit that fintech rival does not have to meet ‘obligations’ imposed on traditional lenders

Despite fiscal tightening announced at the Budget, market trust in British governments remains low

Kyiv admits striking ships to squeeze Moscow’s war revenues as peace talks enter new phase

Conducting foreign policy, let alone war, by meme is dangerous and foolish

Kyiv accuses Ross David Cutmore of helping Moscow plot assassinations and attacks on military training centres

Georges Elhedery tells FT Global Banking Summit it is ‘not an option’ for lender to fall short in key areas

$500bn start-up to refocus efforts to improve ChatGPT as Google and Anthropic narrow its early lead

Fiscal watchdog faces Treasury committee after accidental publication of key report prompted chair to resign

Bigger than expected rise takes average property cost to £272,998

Move by Financial Policy Committee comes in first review in six years

Yen and equities steady one day after hawkish comments from BoJ governor

FTSE 100 non-executive fees trail inflation by almost 12% over the past decade, new research finds

Central bank rejects role in European Commission proposal to use frozen Russian assets, saying it would be illegal

The government’s muddled thinking on the economy is causing it to haemorrhage support on all sides