Trump picks Scott Bessent as Treasury secretary (www.ft.com)

Leveraged hedge funds magnified August market sell-off, Fed says (www.ft.com)

Italian cheesemakers stockpile in US over fear of Trump tariffs (www.ft.com)

Early Revolut investors cash out at least 300mn in share sale (www.ft.com)

UK ministers accused of 2.7bn ‘backdoor hike’ in business rates (www.ft.com)

The unravelling of the international legal order (www.ft.com)

Mandelson email to voters in Oxford chancellor contest draws criticism (www.ft.com)

How long will Trump’s honeymoon with the stock market last? (www.ft.com)

‘There was so much promise’: How Northvolt tumbled into bankruptcy (www.ft.com)

Brookfield commits 900mn to backstop Canary Wharf refinancing (www.ft.com)

Tina is back: Investors say there is no alternative to US equities (www.ft.com)

Britain is being stalked by the spectre of stagflation (www.ft.com)

UK signals it would arrest Netanyahu if he travelled to the country (www.ft.com)

Donald Trump’s ‘hush money’ sentencing indefinitely postponed (www.ft.com)

Tax rises drive surge in venture capital trust investment (www.ft.com)

Britain’s national security demands more than a defence review (www.ft.com)

Amazon pumps another 4bn into AI start-up Anthropic (www.ft.com)

Poorer nations hit back at COP29 offer of 250bn to tackle climate change (www.ft.com)

Stand-off over UN climate summit host country for 2026 (www.ft.com)