International - Financial Times - Credit Squeeze

Prime minister will also make the case for closer ties as US president visits golf courses in Scotland

Results reflect concerns over tax rises in the autumn and impact of inflation, analysts say

Accord means tariffs for UK petrol and diesel car manufacturers will fall to headline 10% rate only in 2031

Permitting and housing reforms as well as R&D investment and more highly-skilled immigrants are needed

Central bank reduces main policy rate to 43%, close to level in March at start of government crackdown

Inflationary pressures are beginning to wane. See how actions taken by your central bank affect you

Brussels designs countermeasures that can be activated quickly if Donald Trump fails to stick to agreed terms

Tariffs on more than 90% of British exports to Asian country will be cut, including cosmetics, clothes, food and drink

Pharmaceuticals and autos advance following FT report that 15% levy deal is close

‘Sluggish’ growth reflects impact of tax increases by Rachel Reeves in Autumn Budget, survey finds

EU leaders press Beijing over trade surplus and support for Russia’s war in Ukraine at summit

Also in today’s newsletter, judge rejects Trump’s request on Epstein files

Agreement would mirror accord with Japan and head off Trump’s threat to raise duties to 30%

World’s third-largest auto group Hyundai reports $600mn hit from levies, while Japan’s Mitsubishi suffers profit wipeout

Swiss pharma group in talks with Washington to bypass middlemen and sell directly to consumers

Whoever smelt it dealt it

The rate outlook is solidifying, but trade relief only goes so far

Also in this newsletter: EU simplification savings worth €8.5bn and Zelenskyy’s anti-corruption power grab

Planned five-day walkout marks sharp escalation in BMA’s dispute with the government as row over pay drags on

The discipline is failing students by ignoring the biggest social, political and ecological challenges facing the world today