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

India restricts laptop imports in boost to local producers

Surprise announcement means companies such as Apple need a licence to ship personal computers from overseas #press

https://www.ft.com/content/eca9a785-2221-4c2f-934b-8964bc430faa?utm_source=press.coop

Britons paid record £16.7bn in capital gains tax in 2021-22

Rising asset values and more house sales provided boost for HMRC, official figures reveal #press

https://www.ft.com/content/1987db3a-a542-4052-88ce-440ff798784a?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

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

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

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

US sailors charged with passing military secrets to China

Two members of the Navy alleged to have taken thousands of dollars in payments #press

https://www.ft.com/content/e4c30175-5fba-448b-95d2-892110509221?utm_source=press.coop

Are Scotland’s rent controls working?

Neither tenants nor landlords are happy as the country’s rental crisis deepens #press

https://www.ft.com/content/2152bba5-9da4-446f-b780-2fa4fe5e3c7d?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

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

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

India restricts laptop imports in boost to local producers

Surprise announcement means companies such as Apple need a licence to ship personal computers from overseas #press

https://www.ft.com/content/eca9a785-2221-4c2f-934b-8964bc430faa?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

Saudi Arabia says it could deepen oil production cuts

Fresh curbs risk stand-off with US, which wants lower prices to boost economy and squeeze Russian revenues #press

https://www.ft.com/content/acf3d816-c158-4ed4-b5bd-bed8e60d08a3?utm_source=press.coop

Britons paid record £16.7bn in capital gains tax in 2021-22

Rising asset values and more house sales provided boost for HMRC, official figures reveal #press

https://www.ft.com/content/1987db3a-a542-4052-88ce-440ff798784a?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