17-09-2026 18:41 via ft.com

Carney is playing a bad hand well

Economic reforms and broader alliances are Canada’s best response to Trump’s trade war
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Economy news



British retail sales rose 0.5% in August as hot weather boosted spending
The QT endgame at the BoE
FirstFT: Merz fights for survival
Iran switches from ships to trucks to evade US blockade
Japan’s central bank matches Fed with rate rise
Bank of Japan raises rates to 31-year high after Fed move
UK losing £1.3mn a day on nationalised steelworks
Thames Water should be temporarily placed under public ownership, MPs warn
Healey to urge Brussels to include UK in ‘Made in Europe’ policy
Sun, stats and suspicious productivity
Addison Lee founder loses £20mn tax battle over ‘non-dom’ status
Workers at Diageo’s largest distillery to go on strike as demand slumps
After Warsh’s strong start, how high will rates need to go?
UK productivity rose faster than thought after 2008 financial crisis
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