FirstFT: Goldman exodus as top executives head for the exit

Also in today’s newsletter, Tom Brady invests in English football club Birmingham City and how Latin America conquered inflation #press

https://www.ft.com/content/7c4ae9e7-304e-4394-bed8-0ca289ed153f?utm_source=press.coop

Turkey’s inflation rate jumps to almost 50%

Weak lira and government’s stimulus programme push prices higher, adding to strain on consumers #press

https://www.ft.com/content/2128b96c-2696-4df6-8d7f-0c625a7b2497?utm_source=press.coop

You don’t become a science superpower without taking care of the basics

Britain’s ambition to lead technological transformation is hobbled by inertia in both the public and private sectors #press

https://www.ft.com/content/248f24e3-e29f-4a9d-a738-8d43184b517a?utm_source=press.coop

ECB dove says inflation battle can be won without more rate rises

Fabio Panetta argues maintaining rates for extended period will avoid risk of damaging economy #press

https://www.ft.com/content/f361bc7c-35ee-497c-b59b-f0f5329a9132?utm_source=press.coop

UK ordered to apologise to academic over alleged torture in UAE

Parliamentary ombudsman attacks ‘profound failure’ of embassy staff to spot signs of alleged mistreatment #press

https://www.ft.com/content/d5df16a8-374d-4661-89d1-a9e2e29b4b44?utm_source=press.coop

There is political logic to Fitch’s downgrading of US debt

A divided Congress is in no position to tackle America’s serious fiscal problems #press

https://www.ft.com/content/b50c561f-3339-4857-ac4a-6d6e5fec6587?utm_source=press.coop

UK discount retailer Wilko on the brink of collapse

Chain prepares to appoint administrator within days if it fails to find a buyer or investor #press

https://www.ft.com/content/9bbb9317-fe3c-4efa-8680-022c2e73132c?utm_source=press.coop

BoE raises interest rates by 0.25 percentage points

Smaller increase to 5.25% comes amid signs persistently high inflation is beginning to ease #press

https://www.ft.com/content/a9e551a6-20d5-45f9-9c68-e98dc44436c0?utm_source=press.coop

New superconductor frenzy seems too super to be true

Scepticism has built around initial reports that LK-99 might prove to be a transformative discovery #press

https://www.ft.com/content/3e76f8a1-cc4a-4794-82eb-49b31a3c1e2b?utm_source=press.coop

After divorce with EU, UK’s future involves getting closer

Delays to introduction of trade barriers with neighbours show Rishi Sunak’s administration cannot avoid tighter relations #press

https://www.ft.com/content/19544b54-1c99-4e84-b1f5-4c0675b087e8?utm_source=press.coop

Adani’s Ambuja Cements buys Sanghi Industries in $600mn deal

First major acquisition by Indian tycoon since criticisms in short seller Hindenburg’s January report hit group’s stock market value #press

https://www.ft.com/content/13b7724a-59c2-4e49-8ed9-17b857cea3a7?utm_source=press.coop

Free Lunch summer reading

Good writing on economic phenomena that affect us all #press

https://www.ft.com/content/7d3640bd-73a7-4058-89ca-43ed4b37cf71?utm_source=press.coop

FirstFT: Goldman exodus as top executives head for the exit

Also in today’s newsletter, Tom Brady invests in English football club Birmingham City and how Latin America conquered inflation #press

https://www.ft.com/content/7c4ae9e7-304e-4394-bed8-0ca289ed153f?utm_source=press.coop

Turkey’s inflation rate jumps to almost 50%

Weak lira and government’s stimulus programme push prices higher, adding to strain on consumers #press

https://www.ft.com/content/2128b96c-2696-4df6-8d7f-0c625a7b2497?utm_source=press.coop

You don’t become a science superpower without taking care of the basics

Britain’s ambition to lead technological transformation is hobbled by inertia in both the public and private sectors #press

https://www.ft.com/content/248f24e3-e29f-4a9d-a738-8d43184b517a?utm_source=press.coop

ECB dove says inflation battle can be won without more rate rises

Fabio Panetta argues maintaining rates for extended period will avoid risk of damaging economy #press

https://www.ft.com/content/f361bc7c-35ee-497c-b59b-f0f5329a9132?utm_source=press.coop

Nintendo: Mario movie means Switch keeps on giving

The console is old but its enduring popularity means the group saves on development and marketing costs #press

https://www.ft.com/content/b44f7c52-5a6f-4a5d-ab51-9025577de111?utm_source=press.coop

There is political logic to Fitch’s downgrading of US debt

A divided Congress is in no position to tackle America’s serious fiscal problems #press

https://www.ft.com/content/b50c561f-3339-4857-ac4a-6d6e5fec6587?utm_source=press.coop

UK ordered to apologise to academic over alleged torture in UAE

Parliamentary ombudsman attacks ‘profound failure’ of embassy staff to spot signs of alleged mistreatment #press

https://www.ft.com/content/d5df16a8-374d-4661-89d1-a9e2e29b4b44?utm_source=press.coop

Hot property: five homes for sale in the French Alps

From a contemporary house with uninterrupted views across Lake Annecy to an 18th-century farmhouse with an apple orchard #press

https://www.ft.com/content/55743bae-af29-46fa-8238-945a6b6a4ea2?utm_source=press.coop