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 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

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

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

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

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

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

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

Khan widens London car scrappage scheme but stands by Ulez

Capital’s mayor reacts to by-election backlash with extra £50mn for getting heavier-polluting vehicles off roads #press

https://www.ft.com/content/13376007-1fcc-4f23-bfe8-552a9205e5ee?utm_source=press.coop

FirstFT: US sailors passed military secrets to China, prosecutors say

Also in today’s newsletter, Trump pleads not guilty and Apple’s profits rise as services arm surpasses 1bn users #press

https://www.ft.com/content/f36bec7b-67d3-48e3-ae55-5b55f41264bc?utm_source=press.coop

Pay UK households to accept new power lines, report urges

Move could help ease resistance to network projects in drive to wean country off fossil fuels, adviser says #press

https://www.ft.com/content/8eee1ecd-59ef-474a-8d7f-909da735063a?utm_source=press.coop

Live News: Airbnb boosts profit as travellers accommodate higher prices #press

https://www.ft.com/content/f5711b56-e82e-441f-9e0c-41fa13cf603d?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

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

Donald Trump pleads not guilty in 2020 US election case

Former president has remained defiant despite third indictment against him this year #press

https://www.ft.com/content/3dba52fe-855c-4c63-82b0-4900b0ae7ed9?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

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

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