Andy Burnham will need to play a new card now
Top LineHis winning campaign in Makerfield was long on hope but a vague prospectus won’t be enough in. Source: World. Read original report via source li…
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Medallia’s collapse turns private credit into a private equity problem
Private lenders that once fancied themselves as ‘coupon clippers’ had better be prepared to run compan. Source: World. Read original report via source l…
Tories’ Scotland victory adds to Reform UK’s woes
OverviewConservatives win in Aberdeen after criticising high taxes and limits on new oil and gas explo. Source: World. Read original report via source l…
SpaceX plots $20bn bond deal after record IPO
OverviewAI and rocket group is tapping debt markets after raising $86bn in stock market debutLooking A. Source: World. Read original report via source l…
SpaceX warns EU satellite plan risks undermining connectivity in Ukraine
OverviewElon Musk’s group hits out at proposal by bloc to reserve part of spectrum band for European o. Source: World. Read original report via source l…
FirstFT: US-Iran deal opens way for Hormuz charges, shipping industry warns
Also in today’s newsletter: JPMorgan cuts off Anthropic access for Hong Kong staff, and Gulf oil shock. Source: World. Read original report via source l…
Bank of England holds interest rates at 3.75%
Deal between US and Iran has pushed oil prices down and eased inflationary risk to UK economyWhat Come. Source: World. Read original report via source l…
FirstFT: Lululemon apologises after Japanese drum controversy in China
OverviewAlso in today’s newsletter: Mukesh Ambani’s Jio set to file for IPO, and Fed officials tilt to. Source: World. Read original report via source l…
Federal Reserve holds rates with short statement and hawkish projections
At a GlanceKevin Warsh has eliminated explicit forward guidance, but his colleagues project that at le. Source: World. Read original report via source l…
FirstFT: Trump faces backlash over Iran deal
Top LineAlso in today’s newsletter: Former executive sues Citi and investors pile into the dollarOutlo. Source: World. Read original report via source l…