052 DC Insurance

Chancellor bets on the long-term — will she be around to reap the benefits?

Chancellor lays groundwork for further tax rises in speech weeks ahead of Budget

The coolest souvenirs are boozy, bougie and in a pub near you

Proposal would enable wide-ranging powers over TV and radio groups

Chancellor says ‘national interest’ more important than ‘political expediency’

4-4 fit, with a hidden 6-card outside suit: a very playable hand pattern

Council-commissioned providers are fast losing headroom needed to improve pay and compete with other employers

Stock slides as Marc Murtra opts to prioritise investment over shareholder payouts

A: Forty-six DeLorean time jumps

Enlargement commissioner Marta Kos says bloc has to prevent Russian ‘Trojan horse’ behaviour from new entrants

FTSE 100 group formally examines splitting retail and food businesses after years of speculation

Opposition parties criticise chancellor over speech that opens door to manifesto-breaking income tax rise

UK company posts second successive quarter of better than expected profits

‘Solar Sharer’ plan aims to ease demand on grid and redeploy excess power from rooftop solar network

World’s largest sovereign wealth fund is a top-10 investor at US electric vehicle maker

The FT’s guide on what to look out for on Thursday

An increasingly uneven picture

IMF; growth; protectionism; China; theory of the firm; segregation; planning; the Fed; the Kennedy Center; repo rates; C.Z.’s pardon

Also in this newsletter: Compensation reform to increase flight delays, warns research

How willing are big banks to look into the abyss?

Also in today’s newsletter: Liechtenstein’s ‘zombie trusts’ and famine in Sudan

Collapse of automotive parts supplier puts spotlight on arcane practice of working capital finance

Plus, inside the super secretive intelligence firm Black Cube and Pfizer takes no prisoners in its fight to buy Metsera

Marc Filippino talks to Oliver Barnes and Claire Jones

Building up financial exposure to a business you don’t control can be risky, but buying minority stakes does offer advantages