26-11-2025 21:58 via ft.com

Megadeals hit new record as Wall Street’s animal spirits roar back

Global transactions of $10bn or more hit 63 as Trump deregulation and fading trade war risks spur M&A blitz
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Economy news



Beige Book shows US labour market deteriorated in November
Painful choices on welfare still lie ahead for Reeves despite tax rises
Millions face lower pensions after salary sacrifice changes
Podcast: The Wolf-Krugman Exchange returns
Tories accuse Reeves of taxing workers to pay for £9bn in extra welfare spending
BoE can cut rates despite a looser Budget than expected
Higher government spending alone won’t fix Germany, warns IMF
Higher government spending alone will not fix Germany, warns IMF
FirstFT: China leapfrogs US in market for ‘open’ AI models
How Greece’s recovery can be an inspiration for Europe
‘Fomo’ is driving ‘stretched’ US tech valuations, ECB warns
FirstFT: Britons braced for Budget ‘stealth tax’
Trump’s affordability problem: in charts
Climate urgency means bypassing COP is necessary, says COP30 boss
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