The story behind Liz Truss’s new private members club

Plus, the law firm that sued over Musk’s pay faces a revolt and a bank scandal sends shockwaves through Brazil’s finance sector

Posted on Wednesday December 10, 2025

JPMorgan and Fidelity among firms funding UK drive to lure people to invest

Banks and asset managers back government campaign to boost retirement pots and funnel money into economy

Posted on Wednesday December 10, 2025

Biotech rally mints huge profits for hedge funds

Wave of M&A fuels rally as big pharma groups hunt for blockbusters ahead of patent cliff

Posted on Wednesday December 10, 2025

‘We’re all in’: How Jamie Dimon lured a Warren Buffett protégé to JPMorgan

Todd Combs rose from a Florida state university to Berkshire Hathaway before taking the helm of a new $10bn security fund

Posted on Wednesday December 10, 2025

Should we give our children powers of attorney?

Most of our friends are doing it

Posted on Wednesday December 10, 2025

China adds domestic AI chips to official procurement list for first time

Beijing encouraged purchase of Huawei and Cambricon processors before Trump’s move to allow Nvidia exports

Posted on Wednesday December 10, 2025

Home Office lacks clear data on a third of UK asylum claimants from 2023

National Audit Office studied sample of 5,000 people and said it was impossible to know their whereabouts due to poor internal systems

Posted on Wednesday December 10, 2025

Trump to pit Hassett against trio of Fed chair finalists

Final interviews for top central bank job to kick off this week

Posted on Wednesday December 10, 2025

Netflix vs Paramount: politics could decide battle for Warner Bros

Antitrust concerns and ties to Trump administration complicate picture of who may ultimately own media group

Posted on Tuesday December 09, 2025

Rise in US job openings offers hope of labour market stabilisation

October ‘Jolts’ figures unlikely to deter the Federal Reserve from cutting interest rates on Wednesday

Posted on Tuesday December 09, 2025