Number 10 has said the PM paid for the flat refurbishment

Editorial Board Member, The Wall Street Journal.

The Electoral Commission has opened an investigation into how the refurbishment of Boris Johnson’s Downing Street flat was funded.

The body said in a statement that there are “reasonable grounds” to suspect an offence took place.

Electoral Commission to probe Boris Johnson’s ‘unethical, foolish’ flat refurbishment

James Booth

Trading Places: Barclays hires new M&A boss, Julius Baer restructures again

Private equity’s wealth spree in the spotlight as AFH deal terms raise conflict concerns

FCA chief executive Nikhil Rathi reappointed for second term

https://images.fnlondon.com/im-329118?size=1.5

Find out who is on the move in the City and beyond this week

HSBC hands Blackburn top risk role as shake-up continues

https://images.fnlondon.com/im-87995472?size=1.5

The UK lender has given the leading compliance job to a 20-year veteran

Barclays hires Centerview dealmaker Woeber to lead global M&A

https://images.fnlondon.com/im-71578134?size=1.5

The UK lender has tapped a veteran dealmaker to head up a key area of growth

Several big law firms are discussing $500 million in pro bono legal services with the White House to avert restrictions on their business, people familiar with the matter said.

By Emily Glazer, Josh Dawsey and C. Ryan Barber

Latham & Watkins, Simpson Thacher Near Deals With White House

Treasury Secretary Scott Bessent helped persuade the president to take some time and negotiate with trading partners in the face of pressure from business leaders.

By Annie Linskey, Josh Dawsey and Meridith McGraw

Why Trump Blinked on Tariffs Just Hours After They Went Into Effect

Generative AI is going to reinvent virtually every customer experience and enable entirely new ones that have only been dreamed about, Amazon.com Chief Executive Andy Jassy said.

Amazon CEO Says Generative AI Will Reinvent Every Customer Experience

Carney said the 90-day pause, and Trump’s pledge to negotiate new trading arrangements with dozens of countries, “will likely result in a fundamental restructuring of the global trading system.”

Trump’s Tariff Pause ‘Welcome Reprieve’ For Global Economy, Canada PM Carney Says

The BOE said that further sharp falls in asset prices are likely.

Bank of England Warns of Tariffs Threat to Stability of Global Financial System

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