The limits of the UK-US ‘special relationship’News Feed
Britain lacks leverage in Trump tariff negotiations, with UK diplomatic and economic priorities looking increasingly European
The weekend Trump’s tariff threats became real for global investorsNews Feed
If global long-only funds start to rotate out of risk the market turmoil could get worse
FTAV’s further readingNews Feed
Dalí in Wonderland; complexity; alternative dimensions; lots of tariff content
UK house prices fall unexpectedly between February and MarchNews Feed
The 0.5% contraction contrasts with economists’ bets of a 0.1% rise
GS sees US recession if full tariff rates go into effectNews Feed
And it’s almost 50-50 even if they don’t
Where the Bank of England’s QE programme went wrongNews Feed
And what can still be done about it
Hedge funds hit with steep margin callsNews Feed
Plus, Fink warns on protectionism, US junk bonds sell-off, and the Dolce Vita Orient Express
Solving for three variables with markets in chaosNews Feed
And a warning from Canada’s job numbers
How the EU could boost its defence capabilities with an arms-buyers’ clubNews Feed
Also in this newsletter: Why Meloni holds the keys to the EU response to Trump’s tariffs
Postcard from London: a high-speed tour of the ThamesNews Feed
Launching this week, a new thrill ride shows visitors the sights at 30 knots — and underlines the river’s transformation from industrial artery to leisure opportunity