26-11-2025 18:49 via ft.com

Millions face lower pensions after salary sacrifice changes

Cap on national insurance relief set to raise £4.7bn in 2029-30 and £2.6bn in 2030-31

Read more »

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

Beige Book shows US labour market deteriorated in November

Painful choices on welfare still lie ahead for Reeves despite tax rises

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