Top headlines from across today’s paper
All newsletters | Read in browser
FINANCIAL TIMES
Sunday, 12 October 2025
 
 
 

Top Headlines from the UK Edition

 
 
 
China blames Trump and US for escalating trade war
 
Beijing accuses Washington of imposing fresh restrictions on Chinese companies after trade talks last month
 
 
Hamas reasserts control and settles scores in Gaza Strip
 
Militant group battles rivals and punishes suspected collaborators hours after agreeing ceasefire
 
 
UK consumers curb spending more than anywhere else in G7
 
High interest rates and fear of economic shocks spur households to build up savings rather than splash out
 
 
Don’t move to Dubai — this is still the place to be
 
Better to buy the dip and celebrate the UK as an enduring cultural behemoth
 
 
How high-end restaurants went global
 
As a new generation sets out in the footsteps of Nobu and Zuma, Jay Rayner examines the rise of ‘luxe’ food chains — and whether it has come at a cost
 
 
 

Top Headlines from the International Editions

 
 
 
Trump says military will be paid during US government shutdown
 
Republicans were under pressure to issue pay cheques to US forces as congressional stand-off drags on
 
 
Private equity overcomes California hurdle to expansion in US legal market
 
Lobbyists watered down legislation that would have frozen investor-owned firms out of largest state
 
 
Why I have to buy doughnuts with cash
 
Powerful lobbies are hindering a digital transition by America’s huge network of some 4,500 banks
 
 
Will Zohran Mamdani’s rise mark a new dawn for American socialism?
 
Tens of thousands of volunteers mobilised by the Democratic Socialists of America are working to elect a torchbearer for a beleaguered US left
 
 
First Brands boss weighs resigning under pressure from lenders
 
Car parts maker’s rapid downfall has raised concerns of widespread losses on Wall Street
 
 
 

Markets

 
 
 
European IPO markets show signs of revival
 
Recent string of listings offers hope after prolonged slowdown
 
 
Aberdeen to warn government over private assets for UK retail investors
 
Investment manager will raise concerns over transparency of valuations and big variations in performance in policy paper
 
 
What retail investors need to know about Japan’s ‘Iron lady’
 
Many expect Sanae Takaichi’s election to mean interest rates will stay low for longer. Don’t count on it
 
 
Q&A: Are you due a share of £11bn car finance compensation?
 
Redress scheme for motorists starts early next year, with average payout of £700 expected
 
 
 

Companies

 
 
 
Investors look to new GSK boss to boost confidence in drug pipeline
 
Luke Miels is known for commercial execution and successful bolt-on deals
 
 
MKS Instruments to offload $1bn chemicals unit to focus on chips
 
Supplier of semiconductor manufacturing equipment hopes to tap into artificial intelligence boom
 
 
Pink Snow 2025: a winter sports special
 
From Olympic excitement in Cortina to the untracked snows of Kazakhstan — plus the world’s first battery-powered skis
 
 
I’ve seen the future of shopping — and I’m sold on AI
 
Buying with the help of generative artificial intelligence is like having a personal shopper who knows exactly what I want
 
 
Art imitates life, but with a more nuanced outlook
 
Interest in art at the top end is dwindling, but look at any picture long enough and there’s usually something to like
 
 
 

Opinion

 
 
 
Revolut’s address matters more than its CEO’s
 
The UK government should make sure the fintech stays in the country, even if its founder Nik Storonsky didn’t
 
 
Living in the grey zone
 
Navigating the 21st century requires a talent for paradox