BoE should stay in its ‘swim lane’ on climate risks, says deputy governorNews Feed
Central bank should steer clear of interfering in political debate around net zero, Sarah Breeden argues
The Japanese government bond market is in troubleNews Feed
The return of the bond vigilantes . . . in Japan?
Microsoft-backed Builder.ai collapsed after finding potentially bogus salesNews Feed
Failed UK start-up revised down revenues to just a quarter of prior estimates
Phoenix plots rebirth as Standard LifeNews Feed
Rebrand of UK pensions provider would bring historic name back to London Stock Exchange
Big banks strike deal to move to solana blockchainNews Feed
R3 reaches agreement with Solana Foundation in move to tokenise global stocks, bonds and funds
SEC vs FRB: private credit editionNews Feed
Joined up thinking
Public sector workers in England to receive pay rise of up to 4%News Feed
Settlement likely to ease tension with unions but add fresh strains to departmental budgets
Romania’s new president backs higher Nato spendingNews Feed
Nicușor Dan’s election caps months of turmoil after vote was cancelled over alleged Russian meddling
Republicans clear first hurdle in ‘big, beautiful’ tax bill battleNews Feed
Also in today’s newsletter, Democrats struggle to rebuild their party as Biden’s diagnosis sparks renewed Republican attacks
Vivek Ramaswamy’s barmy bitcoin armyNews Feed
Strive Asset Management + some Discord servers = “Berkshire Hathaway of Bitcoin”?