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The latest speculation economic and corporate political news from around the world, pay-walled for the rich and privileged.

Four ministers resign as Starmer vows to fight on

12 May 2026 @ 3:41 pm

PM challenges rivals to launch formal leadership contest

Scottish Mortgage values SpaceX at $1.25tn ahead of blockbuster IPO

12 May 2026 @ 3:14 pm

UK investment trust’s valuation means its holding in Elon Musk’s company is worth £3bn

Ukraine nears deal with Pentagon to test drones in US

12 May 2026 @ 3:12 pm

Draft statement of intent seen as first step towards potential bigger ‘drone deal’

UK borrowing costs surge as Starmer leadership crisis rattles bond markets

12 May 2026 @ 3:06 pm

Thirty-year gilt yield at highest this century as cabinet ministers pressure PM to consider his position

US inflation jumps to 3.8% as Trump’s Iran war sends petrol prices soaring

12 May 2026 @ 2:24 pm

April figure marks highest level in three years as effects of conflict reverberate through world’s biggest economy

Higher US CPI inflation adds pressure on Fed

12 May 2026 @ 1:44 pm

Rising prices are not just concentrated in energy categories

Starmer’s premiership in charts

12 May 2026 @ 1:29 pm

Prime minister’s term has been marked by falling approval ratings and bond market jitters

Inflation and interest rates tracker: see how your country compares

12 May 2026 @ 1:18 pm

Inflationary pressures are beginning to wane. Explore the latest data through interactive charts

Russia cuts growth forecast as Putin’s war economy runs out of momentum

12 May 2026 @ 1:15 pm

Moscow now expects growth of 0.4% this year compared with previous forecast of 1.3%

How the Supreme Court undermined one of Trump’s superpowers

12 May 2026 @ 1:00 pm

Also in today’s newsletter, the US ceasefire with Iran is now on ‘massive life support’