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UK retail spending rose at lowest pace for 7 months in December
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK retail spending rose at the lowest pace for seven months in December and below the rate of inflation, pointing to a “drab” Christmas period for retailers as consumers continued to feel the impact of…
China has found Trump’s pain point – rare earths
Osmond ChiaBusiness reporter Reuters Last week, China’s Ministry of Commerce published a document that went by the name of “announcement No. 62 of 2025”. But this wasn’t just any bureaucratic missive. It has rocked the fragile tariffs truce with the US. The announcement detailed sweeping new curbs on its rare earth exports, in a move…
Davos: Trump looms large over biggest-ever World Economic Forum
Faisal IslamEconomics editor, Davos, Switzerland EPA-EFE/REX/Shutterstock Trump appeared at Davos remotely last year, just a few days after his inauguration Apart from the snow and the temperature Greenland does not have much in common with the Swiss alps. But the fight for the future of the island looms over the gathering of world leaders and…
50,000 new apprenticeships promised in youth employment push
The government has launched an expansion of youth apprenticeships to 50,000 places over the next three years, in an effort to tackle unemployment among young people. Sir Keir Starmer said he was “on a mission” to boost training schemes, as he met apprentices at car manufacturer McLaren in Woking, the day after driver Lando Norris…
