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

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

The Bank of England walks a tightrope

Central bank’s mixed signals leaves path for UK economy uncertain #press

https://www.ft.com/content/e1ee9b5a-8dd0-4caa-bb62-7c8aff20d5f8?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

GSK to cease direct business in Nigeria amid economic pressure

Drugmaker does not specify reason but forex shortage has put pressure on multinationals #press

https://www.ft.com/content/769dbf88-b150-4f92-b8c6-a18f5a2f4eed?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

Fine banks that blacklist customers for political views, says UK chancellor

FCA says review on de-banking already being prepared in wake of Farage-Coutts dispute #press

https://www.ft.com/content/827bb98f-8f35-4001-877d-aff261be3b5a?utm_source=press.coop

Andrew Bailey’s medicine finally appears to be working

BoE governor declines to declare victory, but inflation is expected to continue to fall after protracted series of rate rises #press

https://www.ft.com/content/90fd4a17-cd4c-48ca-abc7-8d2b4619f8c7?utm_source=press.coop

Courting Middle Eastern autocrats won’t solve Europe’s refugee crisis

Their repressive rule is forcing thousands to make the treacherous journey across the Mediterranean #press

https://www.ft.com/content/49a52369-62ee-4eb5-9efb-ad1f066a5734?utm_source=press.coop

Israel and the US are battling identity crises

Could they both end with the dismantling of democracy? #press

https://www.ft.com/content/9a8a9bc0-0a81-43e6-b215-bde2611ba6cc?utm_source=press.coop

The global* inflation slowdown

*if you ignore the UK #press

https://www.ft.com/content/0df6a05b-ec75-4f2b-893f-cd049fc77d5a?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

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

Climate activists arrested after scaling Sunak’s roof in oil protest

Prime minister’s Yorkshire mansion clad in black fabric after decision to expand drilling #press

https://www.ft.com/content/bdbfd127-1f20-47c3-b8fe-d93d3659b2fd?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

Brexit ideology is being shunned as economic conditions deteriorate

Plus, fresh sign of a slowdown in the chemicals industry #press

https://www.ft.com/content/0591d2ff-12ed-46e4-969d-738543b7c46b?utm_source=press.coop