Top headlines from across today’s paper
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FINANCIAL TIMES
Saturday, 18 October 2025
 
 
 

Top Headlines from the UK Edition

 
 
 
Trump resists Zelenskyy’s plea for Tomahawk missiles
 
US president equivocates on support for Kyiv a day after conversation with Vladimir Putin
 
 
Salesforce boss Marc Benioff walks back Trump praise after widespread backlash
 
Venture capitalist Ron Conway resigns from board of company’s philanthropic arm in protest at comments
 
 
America’s gravity-defying economy
 
The AI boom is helping to sustain growth but demand is coming from the richest consumers who own stocks while poorer Americans are being squeezed
 
 
Reeves looks to include minimum UK shareholding in Isa overhaul
 
Evolution of abandoned Conservative ‘Brit Isa’ plan also includes stamp duty tax break
 
 
Are we earning enough? The new squeeze on the middle classes
 
A likely further tax raid in the Budget will only add to pension and mortgage woes
 
 
 

Top Headlines from the International Editions

 
 
 
Donald Trump commutes prison sentence of former Republican lawmaker George Santos
 
US president described convicted fraudster as a ‘rogue’ who had been mistreated
 
 
US jury finds BNP Paribas liable for damages over Sudan banking role
 
‘Bellwether’ verdict may set stage for potentially far more damages as thousands of victims assert claims
 
 
Donald Trump says Nicolás Maduro does not want to ‘fuck around’ with the US
 
President says Venezuela’s leader ‘offered everything’ to prevent American military pressure
 
 
How Vladimir Putin’s history rant in Alaska nudged Donald Trump closer to Ukraine
 
Fraught summit in Anchorage marked a nadir that reshaped how the presidents approach each other
 
 
How dozens of Trump’s donors have benefited from his second term
 
While previous presidents have introduced policies that have helped supporters, such incidents are now more common and overt
 
 
 

Markets

 
 
 
US stocks steady as investors shrug off banking jitters
 
Markets recover after Donald Trump suggests heightened tariffs on Chinese imports may not last
 
 
A Fomo rush is resetting corporate bonds
 
Only the wilfully ignorant can fail to see that risk-taking is running at an alarmingly aggressive pace
 
 
Gilts stage rally as Rachel Reeves looks at tax rises and spending cuts
 
UK 10-year government borrowing costs see biggest weekly fall since April
 
 
Credit cockroaches
 
How bad is the problem?
 
 
Venture Global seeks to quell client suspicions over LNG contracts
 
US exporter wrote to customers affirming commitment to deliver on contractual obligations following arbitration loss
 
 
 

Companies

 
 
 
US offers tariff relief for trucks imported from Mexico and Canada
 
Carve-outs are for heavy vehicles and their parts that are compliant with Donald Trump’s 2020 trade pact
 
 
TPG and Blackstone near deal for medical technology company Hologic
 
Acquisition by private equity groups would be one of the biggest take-private deals of the year
 
 
Deloitte to pay $34mn over audit work on US nuclear fiasco
 
Former shareholders in utility said Big Four firm failed to spot red flags and allowed management to hide mounting issues
 
 
UK closes in on drug pricing deal with White House
 
NHS likely to pay billions more for some medicines in exchange for lower tariffs on British pharma exports
 
 
Proxy adviser ISS says Tesla investors should oppose $1tn Elon Musk pay deal
 
Institutional Shareholder Services also counsels investors to oppose re-election of board member Ira Ehrenpreis
 
 
 

Opinion

 
 
 
Fraud fears give financiers an unexpected stress test