Transcript: The cost of Trump’s ‘big, beautiful bill’News Feed
Sonja Hutson talks to Sarah Neville and Myles McCormick
German business warns army draft would deepen worker shortageNews Feed
Introduction of military service would make it harder for companies to recruit workers
Europe needs to shrug off fear and embrace stablecoinsNews Feed
The region risks marginalisation in the emerging new digital financial ecosystem
Mondelez calls for EU to delay landmark deforestation lawNews Feed
US chocolate makers are dialling back their support for the environmental regulation under pressure from Washington
Meet the ‘Cooler’ of leveraged financeNews Feed
Plus, Bumble CEO lets loose on ‘overreacting’ staff
‘Elon has finally woken up’: Musk battles to save Tesla from TrumpNews Feed
Billionaire’s political threats have not stopped the president’s ‘big, beautiful bill’ hurting the electric-car maker’s profits
How Keir Starmer fumbled his first year in powerNews Feed
On the anniversary of the UK election, the prime minister and his Labour party are searching for direction
FTAV further readingNews Feed
PE; stalkerware; biomedical research; peer review; European defence; Jota; TfL
FirstFT: Trump prepares to sign ‘big, beautiful bill’News Feed
Also in today’s newsletter, German worker shortage, Labour’s year in power, and less recreational reading among children
Why Moldova’s EU membership bid remains tied up with Ukraine’s fateNews Feed
Also in this newsletter: Europe battles wildfires and heat