Mike Lynch: four important conclusions from the fraud case against ‘British Bill Gates’

A US jury has begun deliberating the fate of British technology entrepreneur Mike Lynch in a corporate fraud trial that began in March, as a years-long saga over a 2011 takeover deal comes to a close. Lynch is charged with fifteen counts of fraud, although he originally had sixteen; a securities fraud charge was dismissed … Read more

British clothing sales to the EU are plummeting as Brexit red tape deters exporters

British exports of clothes and shoes to the EU have fallen sharply since Brexit, according to a new study which shows the extent to which complex regulations and red tape at the border have stopped companies from sending goods across the Channel. Exports of clothing and footwear sold to EU countries have fallen from £7.4 … Read more

Standard Chartered: British bank accused of helping finance terrorists – BBC News

Image caption, Standard Chartered Bank has its head office in the City of London Item information Author, Andy Verity Role, Economics correspondent 3 hours ago A British bank that escaped prosecution for money laundering carried out billions of dollars in transactions for financiers of terrorist groups, US court papers allege. Standard Chartered, one of Britain’s … Read more

Cheryl Grimmer’s brother claims police missed key clues

Ricki Nash, 62, says it was a mistake not to interview him until 2017 The 1971 confession was suspended due to a retroactive law The brother of British girl Cheryl Grimmer, who was snatched from an Australian beach 54 years ago, claims police missed key clues to solving the case. Ricki Nash was the last … Read more

The Briton on the Singapore Airlines flight suffered neck and spine fractures

A passenger on board the turbulent Singapore Airlines flight that killed a British grandfather has heartbreakingly revealed he suffered six neck and spinal fractures. Bradley Richards, 29, said he was knocked unconscious and woke up with blood pouring from his head after London-to-Singapore flight SQ321 hit turbulence over Myanmar. Another passenger, Geoff Kitchen, 73, from … Read more

Business manifestos: six election proposals touted by British industry

Business interest groups are vying for influence over political parties’ priorities ahead of the July 4 elections. Here are some of the big ideas being touted by Britain’s biggest industrial organizations in their own manifestos. Savings schemes in the workplace The Building Societies Association has called for the introduction of a workplace savings scheme that … Read more

A Czech billionaire buys Royal Mail. What’s next for the British institution?

Jobs with the Royal Mail are still prized, so why shouldn't others be in the UK service industry? Image credit: Maureen McLean/Shutterstock

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Rishi Sunak promises to reintroduce British national service in first major campaign policy

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Rishi Sunak has vowed to introduce compulsory national service for 18-year-olds if he is re-elected, in his first major policy announcement since the start of the election campaign earlier this week. The move is part … Read more

I’m an American and tried British spices and immediately regretted it

An American woman who tried English mustard for the first time surprised viewers when she quickly discovered that when it comes to the fiery classic condiment, less is truly more. Desarae, van PennsylvaniaVS, is a content creator and cookbook author who regularly shares recipes, food reviews and challenges with her 600,000 followers on TikTok. In … Read more

British inflation falls to 2.3 percent, the lowest in three years

British inflation slowed to the lowest level in around three years last month, further strengthening the case for the Bank of England to cut rates later this year. Consumer prices rose 2.3 percent in April from a year earlier, up from 3.2 percent in March, the Office for National Statistics said on Wednesday. Interest rates, … Read more