Top headlines from across today’s paper
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FINANCIAL TIMES
Saturday, 5 July 2025
 
 
 

Top Headlines from the UK Edition

 
 
 
US threatens EU with 17% tariff on food exports
 
Warning was handed to EU trade commissioner at Washington meetings
 
 
How trade tensions are really affecting the global economy
 
Companies are not yet rushing to relocate production to the US, but investment and dealmaking have already slowed
 
 
BCG modelled plan to ‘relocate’ Palestinians from Gaza
 
Consulting firm had multimillion-dollar role in contentious new aid scheme for shattered enclave
 
 
Nervy markets put Reeves and Starmer on notice
 
Investors are getting fed up of being used by governments around the world as a low-cost cash machine
 
 
Jeremy Corbyn confirms plans to form new party
 
Former Labour leader says that together with MP Zarah Sultana, he will build ‘real alternative’ to Starmer
 
 
 

Top Headlines from the International Editions

 
 
 
Donald Trump and Volodymyr Zelenskyy discuss Ukrainian air defence as Russian attacks mount
 
Call follows record drone assault that came after tense chat between US leader and President Vladimir Putin
 
 
Steve Bannon: ‘Trump is going to be in your head for a long time’
 
The former White House chief strategist on why he believes the Iran strikes were a win, his time in jail — and what Zohran Mamdani means for the Democrats
 
 
Deep in the forests of Madagascar, an almost unvisited national park ‘feels like an ark’
 
Two new lodges are hoping to help protect pristine pockets of a country where the unique wildlife is under threat
 
 
Donald Trump tightens grip on power with ‘big beautiful’ policy triumph
 
The US president marks July 4 with a string of achievements in his first months in office
 
 
Saudi Arabia sticks with Iran after Israel war
 
Netanyahu floats reviving normalisation with the kingdom but Riyadh views state as an increasingly destabilising force
 
 
 

Markets

 
 
 
Stockpickers: Smaller asset managers shun the investment crowds
 
Niche funds are good for divestment, but not without risks
 
 
Lockdown to locked up: ex-Janus Henderson analyst jailed over WFH insider trading
 
Sentencing of Redinel Korfuzi and his sister caps a four-month trial in London
 
 
FTSE 250 bargain hunters have to tread carefully
 
Mid-cap gauges tend to contain a mix of companies on the slide as well as the next buyout shop targets
 
 
Collapsed owner of Lindsey oil refinery owes up to £250mn in taxes
 
Prax Group faced liquidity issues for several years leading up to its unravelling
 
 
UBS and Citi among nine banks fined $21.5mn in Singapore money-laundering case
 
Scandal involving island-wide seizures of gold bars and luxury cars rocked city-state’s wealth management sector
 
 
 

Companies

 
 
 
Chelsea fined €31mn for breaching Uefa financial rules
 
Aston Villa, Barcelona and Lyon also hit in crackdown by European club football’s governing body
 
 
GIC teams with private equity on stake in healthcare marketing agency Klick
 
Company valued at almost $2.5bn as Singapore’s sovereign wealth fund and Linden Capital buy holding from GTCR
 
 
NHS plan is long on the ‘what’ and short on the ‘how’
 
The vision of community healthcare is right but marred by the belief it will save money
 
 
Here’s one way to make the Tour de France less predictable
 
Capping team budgets would potentially redistribute sponsorship dollars and talent
 
 
Lionesses defend Euros title with fortunes of women’s game in England on their shoulders
 
The 2022 tournament made winning players into stars and boosted match-day crowds
 
 
 

Opinion

 
 
 
Waterloo sunrise: replanting the famous Belgian battleground