Within days of her confirmation by the US Senate as Donald Trump’s new education secretary, Linda McMahon was promising to dissolve her own department.

Private infrastructure investors are poised to acquire NHS landlord Assura in a £1.6bn deal, marking the latest potential exit of a London-listed group from the UK market.

Global stocks fell on Monday, with Wall Street headed for further losses after investor worries over the health of the US economy dragged the S&P 500 to its worst week in six months.

That’s not an aim that can be met by increasing defence spending to 2.5 per cent of GDP and having a vague plan to get to 3 per cent at some point in the future. (Yes, output targets are stupid in a ...

Headline cash pay growth slipped to 2.8 per cent in January from 4.4 per cent in December. Growth in one-off bonus payments fell 3.7 per cent after December’s 6.2 per cent rise, which helped pull the ...

Donald Trump has been urged to appoint a special envoy to Northern Ireland as US lawmakers warn of “genuine concern” over the ...

One should not read too much into the ratio. It is not a leading indicator. When people are nervous, they tend to buy staples, and when people are worried markets also tend to fall. The ratio is ...

China has introduced retaliatory tariffs on about $22bn of US goods, including agricultural exports, targeting President Donald Trump’s rural base in the latest trade war escalation between the ...

Today, I explain the battle over how to spend the EU’s new €150bn defence fund, and ask whether medicines are Europe’s next foreign dependency set to be exploited. Ursula von der Leyen has nine days ...

Plus, the ‘Wild West’ of family offices, star traders’ succession issues, and Renaissance Siena at the National Gallery ...

New Orleans during Mardi Gras week should have been the perfect venue for a boisterous party celebrating a global M&A blowout ...

For example, as of the fourth quarter, Helocs totalled just under $400bn, roughly 2 per cent of tappable home equity. At its ...