How many people would Reform UK deport?
At least 2mn are at risk but the plans are ambiguous and their effect hinges on Labour’s own decisions
White House accuses China of ‘industrial-scale’ theft of AI technology
Trump official Michael Kratsios says Chinese entities stealing from American labs
Thiel-backed start-up Stark expands into defensive drones
Fallout from war in Iran has fuelled demand for protection from UAVs
Populist party Vox demands ‘Spaniards first’ in coalition talks
Anti-immigration party wants people with ‘ties’ to the country be first in line for public assistance
French weather service alerts police to tampering after suspicious Polymarket bets
Users of weather forum say Paris temperature data may have been manipulated for wagers on prediction market platform
US asset manager Voya Financial faces sale pressure from activist fund
Toms Capital Investment Management has built stake in $1.1tn in assets pension and insurance group
Arnault warns Middle East war could spiral into ‘global catastrophe’
LVMH’s billionaire boss says luxury group’s recovery hinges on the conflict being resolved quickly
UK consumer confidence falls to lowest level in more than two years
Higher inflation following Middle East war darkens outlook for spending and economic growth
BP suffers heavy defeat in investor climate vote
UK oil major lost two votes at its annual shareholder gathering over climate disclosures and electronic meetings
US-Iran war hits new stalemate with shaky ceasefire deal
Also in today’s newsletter, which countries are the US considering extending financial lifelines to?
Trump says US navy will ‘shoot and kill’ any boat laying mines in Strait of Hormuz
Oil rises as Tehran and Washington battle for control of waterway
Cabinet Office head says Robbins refused to give her Mandelson vetting files
Cat Little backs PM’s claim that due process had been followed in appointing Labour grandee as ambassador to US
What does AI really mean for your work? You asked, we answered
Sarah O’Connor, John Burn Murdoch and Madhumita Murgia replied to reader questions
Will AI widen inequality between workers?
This and more findings from our new poll of AI usage by thousands of US and UK workers
Half of EU banks bereft of female executives
Survey by European Banking Authority underlines glacial progress on gender diversity
Medical data of 500,000 people in UK for sale on Chinese site
Alibaba ‘swiftly removed’ listings for UK Biobank data, institution says
How worried should Wall St be about the stablecoin threat to deposits?
The risk to US banks is real in theory but difficult to realise in practice
Labour is being destroyed by its former saviours
Factionalism effectively quashed the Corbynites but has undermined Keir Starmer’s leadership of party and country
The best exhibitions to see in London this weekend
The FT’s critics recommend the most compelling 2026 shows, from Cecily Brown and Hurvin Anderson to Tracey Emin to Rose Wylie
UK business activity rose more than expected in April
Companies rushed to make purchases amid fears that the Iran war would send prices even higher
Blackstone pulls in $69bn despite slump in private capital returns
Asset manager drew investors even as performance in private credit and buyout units suffered
Esoteric Ebb and how games gave in to the joy of reading
Just as many struggle to find the time for books, the year’s best role-playing title highlights the power of the written word
How did a film about kabuki break box-office records in Japan?
Nobody expected ‘Kokuho’ to become the country’s highest-grossing domestic live-action movie of all time — not even its makers
Devotions by Lucy Caldwell — stories that wrestle with the biggest question of all
A hunt for meaning unites the eight tales from one of the best practitioners of the short form