Financial Times News Feed

Fault at data centre halted futures trading in equities, bonds and commodities for more than 10 hours

Legal wrangling over ‘event contracts’ has not deterred gaming groups and exchange operators from seeking a slice of the action

Process will struggle to complete before surcharge is introduced in 2028

Estate agents say ‘bunching’ practice likely to pick up pace ahead of start of surcharge in April 2028

Jean Cocteau charity Christmas cards, Tekla for your dog, a champagne dinner and much more

Keir Starmer’s business envoy visited US bank boss in New York last week

Plus, OpenAI’s partners approach $100bn in borrowing for data centre spending

Locked out of home ownership, young adults are turning to risky financial behaviour

Move to widen access comes with high fees, average returns and ‘ample dollops of additional risk’, says Olympus Partners founder

Cloud companies and developers rely on lossmaking start-up to repay huge loans

Billions of dollars flow into funds designed to reduce capital gains tax or minimise tax on interest or dividend income

Pine Labs chief discusses sector’s rapid growth domestically and burgeoning opportunities abroad

Luigi Lovaglio served with notice by Milan prosecutors in probe linked to Mediobanca takeover

German exchange group in exclusive discussions with Dutch-listed fund platform

US securities watchdog is questioning what investors were told about exposure to the now-collapsed car parts group

Decision is boost for district and comes as boss Jamie Dimon praises UK chancellor Rachel Reeves

French trade credit insurer has reinvented itself as a provider of business intelligence for the era of the polycrisis

Property developer asks for delay in payment despite backing of Shenzhen Metro

Also in this newsletter: Study finds aerospace only competitive industrial sector left in Europe

New rules will boost lending and profits and entrench American dominance. But critics say they could lead to another crash

Could — or should — the books have flagged the risks?

Global transactions of $10bn or more hit 63 as Trump deregulation and fading trade war risks spur M&A blitz

Rachel Reeves unveils increase in property income tax as well as ‘mansion tax’ on expensive homes

Cap on national insurance relief set to raise £4.7bn in 2029-30 and £2.6bn in 2030-31

FCA accuses Bobosher Sharipov of passing confidential information to ex-flatmate on GCP takeover