Posts by Kim browne
When will Congress pass Donald Trump’s ‘big, beautiful bill’?
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Donald Trump’s sweeping tax and spending bill is edging closer to becoming law, as Republicans race to meet the president’s July 4 deadline — but it must still overcome a host of hurdles.…
Read MoreSenate races to pass Donald Trump’s flagship tax bill as deadline looms
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Donald Trump’s “big, beautiful bill” inched closer to passage on Monday, as Senate Republicans charged ahead with their efforts to pass the flagship tax legislation ahead of the US president’s self-imposed July 4…
Read MoreGoogle agrees deal to buy power from planned nuclear fusion plant
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Google has agreed to purchase power from a planned fusion power plant in the 2030s in only the second electricity offtake deal to be signed in the nascent fusion energy sector. The technology giant has…
Read MoreLate tweaks to Trump tax bill create green power winners and losers
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Renewable power shares whipsawed on Monday as new revisions to Donald Trump’s spending plan created a division of haves and have-nots in the future of US clean energy. The amendments would raise costs…
Read MoreHauser & Wirth owners join wealthy UK exodus with move to Switzerland
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The owners of global art gallery Hauser & Wirth have left the UK for Switzerland, joining the list of wealthy residents who have chosen to leave the country, many prompted by tax changes last year.…
Read MoreLabour had a theory for acquiring power, but none for how to wield it
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. At the leaving do to mark the departure of Rav Athwal, the former Treasury official who wrote Labour’s 2024 manifesto, there were speeches by various Cabinet ministers, but it was Ed Miliband who stole the…
Read MoreUS dollar suffers worst start to year since 1973
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US dollar is headed for its worst first half of the year since 1973, as Donald Trump’s trade and economic policies prompt global investors to rethink their exposure to the world’s dominant currency. The…
Read MoreRachel Reeves set to cut cash Isa allowance
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK chancellor Rachel Reeves is expected to announce plans to cut the annual tax-free cash Isa allowance in her Mansion House speech next month, in an effort to shift some of the £300bn cash pile…
Read MoreRevised UK welfare reforms to push 150,000 into poverty
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Around 150,000 people will be pushed into poverty by the end of this decade as a result of the Labour government’s planned welfare cuts, despite Sir Keir Starmer having made a partial U-turn over the…
Read MoreUK sale of F-35 fighter jet parts used by Israel ruled legal by High Court
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK High Court has ruled that the government’s decision to keep making available F-35 fighter jet parts to Israel through a global pool of components is legal, despite a wider ban on arms sales…
Read MoreNato’s summit cannot disguise Ukraine’s plight
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world “Daddy’s home,” proclaimed the White House, hailing Donald Trump’s return from last week’s Nato summit. That social media post was a reference — at once triumphant and mocking — to the title bestowed…
Read MoreBenjamin Netanyahu says Iran war creates ‘new opportunities’ to free Gaza hostages
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Prime Minister Benjamin Netanyahu says the end of Israel’s war in Iran has created “new opportunities” to secure the release of hostages still held in Gaza, as Donald Trump increases public pressure on Israel and…
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