Brexit secretary David Davis leaves a Cabinet meeting in Downing Street on Tuesday © AFP Brexit secretary David Davis has admitted that Britain’s exit deal with the EU “will probably favour the union on things like money”, as he gave the clearest glimpse yet of the government’s preferred end game for Brexit talks. He told…

New York City police say that there have been “several fatalities and numerous injuries” from an incident in which a vehicle struck multiple people on a path in lower Manhattan. One individual has been taken into custody. Police said that a vehicle entered a bike and jogging path a few blocks north of Chambers Street,…

Professor Joseph Mifsud, a 57-year-old Maltese academic based in London and boasting a string of past posts with UK and European universities, has emerged as an unlikely focus of attention in the controversy over Russian links to Donald Trump’s 2016 presidential campaign. Mr Mifsud is identified only as an “overseas professor” in a 14-page “statement…

Theresa May has refused to publicly back Michael Fallon, the defence secretary, after he became embroiled in parliament’s growing sexual harassment scandal. The prime minister’s spokesman was repeatedly asked about Sir Michael’s admission that he had touched the knee of a journalist but would only say that Mrs May had confidence in her government and…

Debate swirls in over whether the SNB’s foreign exchange holdings should be turned into a sovereign wealth fund © Reuters Switzerland’s central bank made almost SFr34bn profits in the first nine months of the year, as a weaker franc and stronger equity markets lifted the performance of its massive foreign currency holdings. The record surge…

Carles Puigdemont and the rest of the Catalan government were fired on Saturday by Madrid © AP Carles Puigdemont will hold a press conference in Brussels on Tuesday as speculation grows that the ousted Catalan leader and his former cabinet ministers could seek political asylum in Belgium. The dream of Catalan separatists of creating Europe’s…

The Ukrainian government says it warned Facebook and US officials years ago that Russia was conducting disinformation campaigns including account takedowns and fake news.  Dmytro Shymkiv, deputy head of Ukraine’s presidential administration, told the FT that it warned Facebook and US officials about “aggressive behaviour” from Russia spreading disinformation on social media in an “information…

McKinsey’s ‘bizarre’ procedure to select a successor to Dominic Barton, global managing partner, began at the upmarket Grosvenor House Hotel McKinsey, the world’s best known management consultancy, has started the byzantine and secretive process of selecting its next leader with a gathering of more than 500 senior partners gathered at the Grosvenor House Hotel in…

Lloyds is accused of treating Noel Edmonds and his business partner, Paul Pascoe, differently over a claim against Unique Group © FT montage; Rex/Shutterstock; Bloomberg Lloyds Banking Group enforced a £1.6m personal guarantee against Noel Edmonds after the failure of Unique Group, his former business, despite knowing that there were legal doubts about the bank’s…

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