Top headlines from across today’s paper
All newsletters | Read in browser
FINANCIAL TIMES
Friday, 22 May 2026
 
 
 

Top Headlines from the UK Edition

 
 
 
Ending tax loophole for oil groups will fund cost of living package, says Reeves
 
Chancellor sets out sweeping package of measures aimed at helping businesses and families
 
 
‘Fast entry’ SpaceX, OpenAI and Anthropic IPOs to ignite Wall Street trading frenzy
 
Passive investors set to dump billions of shares to make way for new stocks
 
 
Marco Rubio sees ‘good signs’ US could reach deal with Iran
 
Pakistani mediators expected to travel to Tehran as diplomacy to end conflict intensifies
 
 
The impact of falling net migration on Britain and its prime minister
 
Politicians face a problem of public perception after a survey found that half of Britons still believe immigration is rising
 
 
Burnham’s not the messiah. He’s old Labour’s last throw
 
Being a new face gets you a hearing but doesn’t change the economic picture
 
 
 

Top Headlines from the International Editions

 
 
 
Global buyout funds to exit China’s data centres with final $1bn deal
 
Princeton Digital Group’s sale process caps foreign retreat from the country’s sensitive digital infrastructure
 
 
Republicans push back on Trump’s ‘anti-weaponisation’ fund
 
Senators postpone vote on bill because of ‘concern’ over the $1.8bn earmarked for alleged victims of ‘lawfare’
 
 
Donald Trump abruptly postpones AI order after White House infighting
 
President refuses to approve order hours before planned signing due to fears US innovators will lose out to China
 
 
Goldman Sachs eclipses Morgan Stanley’s Michael Grimes on SpaceX IPO
 
Celebrated tech banker lost influence over Elon Musk’s blockbuster listing amid stint in Trump administration
 
 
Where is Iran’s supreme leader?
 
Months into Mojtaba Khamenei’s absence, officials in the Islamic republic are crafting a narrative that he is well and in charge
 
 
 

Markets

 
 
 
The oil reserves dwindle
 
What happens when there are no more stockpiles?
 
 
Ex-LCF CEO sentenced to 6 months in prison over court breach
 
Michael Thomson receives first custodial sentence stemming from retail investor scandal
 
 
Morrisons blames UK government policy for shutting 100 lossmaking stores
 
Closures are latest cost-cutting step by UK supermarket chain
 
 
Crypto platforms rush to launch derivatives linked to SpaceX
 
Binance among exchanges to offer so-called perpetual futures to speculate on price of rocket company’s upcoming IPO
 
 
Inside SpaceX’s audacious IPO plan
 
Elon Musk’s rockets-to-AI conglomerate lays out its ambitions
 
 
 

Companies

 
 
 
SpaceX scrubs high-stakes test launch of latest Starship spacecraft
 
Elon Musk’s conglomerate warned in IPO filing that its strategy was ‘highly dependent’ on the massive rocket
 
 
Estée Lauder and Puig end merger talks to create beauty powerhouse
 
Shares in US cosmetics giant jump 11.5% in post-market trading as investors welcome end of discussions
 
 
Walmart says customers are rationing petrol as Iran war hits wallets
 
US retail giant’s shares plunge after saying it absorbed higher fuel expenses to hold down prices for consumers
 
 
Stellantis to launch 60 new models under €60bn plan to revive carmaker
 
European group will partner with Chinese rivals and keep all of its factories under strategy laid out by chief executive
 
 
Transport for London voices concern over robotaxis as ministers invite bids
 
Officials say more work is needed to show self-driving vehicles will bring ‘net benefit on safety’
 
 
 

Opinion

 
 
 
Trump’s egregious deal with his own justice department
 
Anti-lawfare fund could offer payouts to president’s allies and Capitol rioters
 
 
BT is finally getting on top of its altnet threat
 
UK telecom has put up a fight as its rivals slow their rate of sprawl
 
 
The Supreme Court turns its back on 60 years of Black enfranchisement
 
Its decision in Louisiana vs Callais ignores the law and overturns precedent
 
 
Musk, SpaceX and Muscovite fever dreams
 
Tech titans are in many ways the intellectual heirs of the Soviet space programme
 
 
How to make sense of SpaceX’s nonsensical valuation
 
The market has never before had to price a stock so speculative yet so large
 
 
 

Work & Careers

 
 
 
Employers must listen to young people if they want to help
 
The vast majority of those not in education or employment are desperate to work but stuck in the ‘rejection economy’
 
 
 
 
 
 
 
Advertisement
Follow the FT
Twitter Facebook LinkedIn Instagram
 
Unsubscribe | My Account | Manage Portfolio | RSS | Privacy Policy | About Us | Help
 
© THE FINANCIAL TIMES LTD 2026. All rights reserved.
You have received this email because you have signed up from the NBE preference page.
This email was sent by a company owned by Financial Times Group Limited (FT Group), registered office at Bracken House, 1 Friday Street, London EC4M 9BT.
Registered in England and Wales with company number 879531.