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Rail fares to be frozen in England next year
Rail fares in England next year are to be frozen for the first time in 30 years, the government has announced. The freeze until March 2027 will apply to regulated fares, which includes season tickets and off-peak returns. The most recent fare rise, in March 2025, was 4.6%. Rail fares traditionally have gone up in…
Starmer battles for Downing Street future amid Mandelson vetting scandal
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer will battle for his Downing Street future on Monday as he seeks to explain to MPs how Lord Peter Mandelson became UK ambassador to the US despite failing security vetting. The prime…
US Fed holds interest rates and defends central bank independence
Two Fed officials voted in favour of an interest rate cut – Stephen Miran, who is on leave from his post at the White House where he leads Trump’s Council of Economic Advisers, and Christopher Waller, a Trump appointee whose name has been floated as contender to succeed Powell.
How the new road safety measures will affect you
Emer MoreauBusiness reporter Getty Images Learner drivers could have to wait six months before booking a practical test The UK government has launched the first major road safety strategy in over a decade, aimed at lowering the number of people who are killed or seriously injured on the roads. The changes only apply to England…
