Wealth floundering in so-called ‘dog’ funds rises 26 per cent in six months, as investor Nick Train’s UK Equity product named among them

Sentiment among businesses and consumers cools sharply as tariffs and inflation take a toll

Theft deals blow to an industry that has been reinvigorated by Donald Trump’s re-election

Oil producer expected to increase output again this year

It does not take a deep scratch beneath the surface to uncover investor nerves

Nice global financial system you got there, be a shame if something happened to it

Decision needs commissioner approval but suggests friendlier approach to digital assets under Trump

Authorities also announce tax incentives as part of package designed to revive struggling equity market

Also in today’s newsletter, Asian Development Bank unlocks billions for climate finance

They’re even (cautiously) shorting again 😱

Citi, HSBC, Morgan Stanley and Royal Bank of Canada agree to pay over £100mn

Move underlines its ‘commitment to UK market’, French manager says

Plus how to ‘monetise’ the US balance sheet

Our annual survey of FT readers shows bonus payouts are on the rise, but so too are tax concerns and school fees

There is a real opportunity to take this industry forward by creating a sensible regulatory framework

Removing tax breaks on the popular saving product would be ‘dangerous’, says Dan Olley

Regulation is needed, but too much of it puts a brake on growth and stifles innovation

Fund managers and insurers say long-overdue reforms could unlock hundreds of billions of euros in financing

Commission expected to approve greater use of Renure, a product based on dung, to reduce revenues going to Moscow

New public companies are fewer and weaker