International - Financial Times - Credit Squeeze

Data from national statistics agency indicates continuing weak demand in economy

The UK Budget is unlikely to prevent the Bank of England cutting rates

The Economics Show 🤜🤛 Alphaville

Robust consumer spending helps economy shrug off early impact of Trump tariffs

Crucial holiday sales period forecast to draw record crowds but with tighter budgets

Also in today’s newsletter, Trump threatens sweeping immigration crackdown, and memorable office blunders

Read the November forecast from the FT’s Monetary Policy Radar team

From 2029, workers will only be able to pay £2,000 into the scheme and receive tax relief

Jakarta’s rejection of coercive clauses challenges effort by Donald Trump to counter Chinese influence in south-east Asia

Global politicians need to understand that White House policy is driven by melodrama and instinct

Once the world’s factory, Beijing’s relentless focus on R&D means the country has become the world’s laboratory

Canadian PM’s deal with premier of Alberta is condemned by environmentalists and indigenous groups

A steady appreciation would boost domestic consumption and improve trade relations

Even before their full effect has hit, the duties are doing real damage

Minutes from central bank’s October meeting also reveal policymaker concern over financial stability risks spilling over from US

Free Lunch readers diagnose the country’s industrial problems

Also in today’s newsletter, Trump vows to crack down on immigrants after Washington shooting and JPMorgan unveils plans for new London office

Read the central bank’s November forecast from the FT’s Monetary Policy Radar team

Backlash over role played in talks by executives from companies including Rolex and Richemont

Global transactions of $10bn or more hit 63 as Trump deregulation and fading trade war risks spur M&A blitz