NYC comptroller urges city pensions to pull $42bn mandate from BlackRock over climate
Top finance official says asset manager submitted ‘inadequate’ decarbonisation plan
Electric vehicle owners face new pay-per-mile tax – what could be the environmental costs?
Standret/ShutterstockModern electric vehicles are transforming the roads with low noise, rapid acceleration and zero exhaust emissions. However, drivers of electric vehicles in the UK will now face a new 3p per mile charge and drivers of hybrid vehicles a 1.5p per mile charge.
Citi reshuffles deckchairs but investors would rather it made waves
US bank’s shareholders would prefer progress over process
What the budget could mean for you – experts react to the chancellor’s announcement
UK chancellor Rachel Reeves has made some significant reforms in her latest budget. Notably, she has committed to easing living cost pressures with widespread energy bill support, higher taxes for the most expensive homes, and axing the two-child cap on certain benefits.
Remit for the Monetary Policy Committee - November 2025
Letter from the Chancellor to the Governor
FT Alphaville is (also) on Substack
We’ve got mail
Government pins hopes on payments, OPEKEPE shake-up to stem farmers’ protests
Government ministers say they are confident overdue payments will hit farmers’ bank accounts in time to call off disruptive protests planned for the coming week, while they hope to have the payments system tidied up by the end of the year.
EBRD reports highlights demographic headwinds Greece has to navigate
The European Bank for Reconstruction and Development (EBRD) Transition Report 2025-26, "Brave Old World," identifies Greece as a rapidly ageing economy facing mounting demographic challenges, necessitating bold policy responses centered on extending working lives, boosting productivity through technology, and facilitating targeted labor mobility.
Oct budget execution data affirms strong revenue performance
The budget primary balance was confirmed at a surplus of 10.25 billion euros up to October, compared to a surplus of 13.53 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Tuesday.
What safe haven after the April US tariff announcement? Implications for euro area financial stability
Trade turmoil in April 2025 saw a marked change in cross-asset behaviour compared with typical patterns. Notably, the US dollar depreciated strongly while US Treasury yields rose – the opposite of what usually happens in a risk-off environment. This prompted discussions as to whether the safe-haven properties of US dollar-denominated assets might be changing. This is particularly important for euro area financial stability since euro area investors hold US dollar-denominated securities in an amount equivalent to €6 trillion, which represents a significant share of their portfolios.
Pages
