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UK local government finance
UK government refuses public inquiry into bankrupt Essex council
...Kent, who has championed the inquiry, listed the scrapping of the Audit Commission, the public body that oversaw local government accounting until 2015, the failure of external auditors to hold local authorities...
April 2, 2024
Climate legislation
Republican states step up legal threats to Biden’s climate agenda
...Meanwhile, West Virginia is co-leading 10 red states in litigation against the Securities and Exchange Commission, the US’s securities regulator, over rules that would require companies to disclose some...
April 12, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Hungary
Brussels accuses Hungary of breaching EU rules with security law
...But members of the European parliament attacked the commission in December for releasing €10bn to Orbán in return for judicial reforms, ahead of a summit at which he threatened to veto membership talks with...
February 7, 2024
Israel-Hamas war
Israel’s head of military intelligence resigns over October 7 attack
...“It is correct to establish a state commission of inquiry that can investigate . . . all the factors and reasons that led to the difficult events [of October 7].”...
April 22, 2024
News updates from April 5: US jobs growth outstrips forecasts in March; Thames Water parent company defaults on debt
SEC pauses new climate disclosure rule amid legal challenges
...The US Securities and Exchange Commission has put on hold a rule that for the first time required company disclosures on climate risks, a setback for what had been one of the agency’s most long-awaited and...
April 4, 2024
News updates from April 4: British billionaire avoids prison for insider trading; Italy seizes assets in EU fund fraud case
SEC pauses new climate disclosure rule amid legal challenges
...The US Securities and Exchange Commission has put on hold a rule that for the first time required company disclosures on climate risks, a setback for what had been one of the agency’s most long-awaited and...
April 4, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
EU rule of law
Brussels signals potential end to rule of law dispute with Poland
...It states as its “primary interest” the restoring of judicial independence in line with Polish and EU law....
February 20, 2024
Trade Secrets
Biden tries a White House reset on climate and trade Premium content
...The party rather absurdly rejected out of hand a suggestion by the commission to agree the kind of EU-wide youth mobility deal that Rishi Sunak’s government was keen to do with a bunch of EU member states...
April 22, 2024
Turkish politics
Erdoğan hits out at constitutional court as Turkey’s judicial crisis deepens
...The European Commission this week warned that Turkey was “backsliding” on judicial reform and its democratic institutions....
November 10, 2023
News in-depthUS Securities and Exchange Commission
‘Sued on both sides’: SEC braces for lawsuits from supporters and critics of climate rule
..., West Virginia’s attorney-general, told reporters after his state and others including Alabama and Georgia, filed their case....
March 7, 2024
Poland
Poland puts forward justice reform needed to unfreeze EU funds
...The European Commission also made this reform a prerequisite for unfreezing EU pandemic recovery funds worth billions of euros that were blocked in a rule of law dispute with the previous Polish government...
January 12, 2024
News updates from January 25: US economy grows 3.3% in fourth quarter, ECB keeps interest rate at 4%
GM’s driverless car unit Cruise investigated over dragging incident
...General Motors’ Cruise faces probes by numerous federal and state authorities, including the Department of Justice and Securities and Exchange Commission, after an accident that led to the shutdown of driverless...
January 25, 2024
Europe Express
What Bulgaria’s government collapse means for the rest of the EU Premium content
...Gerb are members of European Commission president Ursula von der Leyen’s EPP group, and their capture of the prime minister’s chair was set to give the EPP 13 of the EU’s 27 leaders for the June discussions...
March 27, 2024
EU economy
EU set to ban forced-labour products with China in its sights
...The deal requires final approval from member states and the European parliament....
March 5, 2024
Special ReportFTfm: Exchange Traded Funds
Financial advisers seek guidance on recommending bitcoin ETFs
...One analyst coined the term “Cointucky Derby” to describe how the new ETFs shot out of the gate once the Securities and Exchange Commission reluctantly fired its regulatory starting gun, early in the new...
March 25, 2024
FT Live
Business Book of the Year Award 2024
The search for the best business book is under way
Monday, 9 December1 Grosvenor Pl, London SW1X 7HJ, UK
European Commission
EU approves tranche of Hungary’s frozen funds
...The view in Brussels now is that Hungary has made tentative progress in certain areas regarding judicial independence when it adopted a set of reforms in June....
November 23, 2023
The FT ViewThe editorial board
How to put right a grave British miscarriage of justice
...Some victims, however, want their names cleared by the same judicial system that found them guilty....
January 8, 2024
News in-depthSouth African politics
‘Wrecking ball’ ex-president Jacob Zuma upends South Africa election
...the Zondo Commission public inquiry that laid bare the systemic looting of the state coffers under Zuma’s presidency....
April 15, 2024
News in-depthPost Office scandal
Post Office scandal puts private prosecutions in dock
...Though the committee concluded that “the judicial process that applies to all prosecutions ensures that private prosecutions are rigorously tested”, it also pushed for measures to tighten oversight of the...
January 11, 2024
Europe Express
The EU pursues make-believe in Bosnia Premium content
...state in Europe....
March 23, 2024
The Big Read
Viktor Orbán: what is the endgame for Europe’s chief disrupter?
...Not that Orbán appears deterred by EU concerns over the state of Hungarian democracy and the rule of law....
February 1, 2024
News in-depthAnimal welfare
Bears and wolves stray into European politics
...agenda under which he has overhauled part of the judicial system....
April 5, 2024
Poland
Brussels to release Poland’s first tranche of EU recovery funding
...The bulk of these grants and loans can only be released once Warsaw rolls back judicial reforms the European Commission has said have limited the independence of judges....
November 21, 2023
War in Ukraine
EU lawmakers revolt against Brussels caving into Orbán’s ‘blackmail’
...In a heated debate on Wednesday, the European Commission president denied giving in to blackmail and said Hungary’s government had carried out sufficient judicial reforms to secure the unblocking of €10bn...
January 17, 2024
Austria
Austria probes death of official linked to corruption scandal
...Pilnacek was suspended from his role of state secretary at the ministry of justice in 2021, but vigorously denied the allegations against him....
October 25, 2023

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