The Latest Breaking News from FT

Last weekend, the FT’s Janan Ganesh raised all manner of hackles (again) with a pop quiz on Asian history. To that end, let’s do something similar but for Labour politicians.

The Bank of England has increased its base interest rate from 4.5% to 5% in a bid to tame inflation. It is the 13th hike in row and the highest the rate has been for 15 years. 

The original deal saw Frasers Group acquire a stake of just under 19% in AO for £75m

The Paris-based startup wants to build generative A.I. technology like that powering ChatGPT.

In 2019 the Labour Party faced its worst electoral defeat in over 80 years – now the party could be looking at victory in the next general election. 

JPMorgan has also reportedly become the last major bank to cut ties with the firm

Odey Asset Management plans complete rebrand after Tory donor forced out over misconduct claims

From its source in Tibet, the Brahmaputra river flows through northeast India to Bangladesh, merging there with its equally mighty sister, the Ganges, and draining into the Bay of Bengal. A cruise along its Indian stretch on the “elegant” 18-cabin river boat Charaidew II is a delight, says Sophy Roberts…

The shares had been held by hedge fund Odey Asset Management