111 Info City

Burnham to step up UK business outreach amid fears of Budget tax rises

Prime minister and chancellor to meet chief executives and lobby groups after complaints about lack of detail on plans for economy

Prime minister’s pledge is backed by tech groups but hedge funds and banks say it will damage competitiveness

Automatic enrolment worked for pensions — a similar scheme could pool the risk of heavy costs from illness and infirmity in later life

Influential think-tank says a ‘do nothing’ fiscal event on October 28 is not an option

Also in today’s newsletter: deadly Houthi attacks on Riyadh’s airport and the US threatens to block arms for Ukraine

Lawmakers from both parties say the agreement would finance Putin’s war machine in Ukraine and violate US law

Pro-European MEP beats Socialist party rival as he bids to unite the ‘democratic left’ ahead of next year’s presidential election

Auto sector welcomes ‘understanding’ reached with Beijing but other industries warn China’s huge trade surplus will persist without further action

Ship tried to break through American naval blockade of Iranian ports, Central Command says of its first attack in a month

Officials lobby European capitals and Kyiv following Trump’s diesel deal with Putin

‘When it matters, we have found solutions together’, Oliver Blume says ahead of Paris Motor Show

UK prime minister calls for European voters to be better informed about Kremlin-backed efforts to disrupt democratic process

Annual meetings in Bangkok, bumper bank earnings beckon, Dublin hosts AI summit

Ukrainian strikes have triggered the worst petrol shortages since the collapse of the Soviet Union but diesel is not in short supply

BP and others skip World Petroleum Council meeting after 12 killed in Houthi attack

Basic economic concepts

Costs of production and competition

US president’s suggestion that Zelenskyy should be replaced shocked Kyiv and European nations

Trump’s approach to the world has left Republicans floundering as the midterms approach. Liberals should plan their own strategy now

Military-backed national government suspends Khyber Pakhtunkhwa administration led by former cricket star’s party

The FT is tracking changes to the cost of living that will affect American voters

Abhijeet Dipke of the youth-led Cockroach Janta Party was freed by a court order as police tightened security in New Delhi

Yemen’s Iran-backed militants demonstrate that they are not just ‘guys in flip-flops’