Letter: The bionic 84-year-old having the time of her life
From Xandra Bingley, London NW3, UK
Correction: remove moral hazard
A letter published on April 4 wrongly stated that decapitation strikes against leaders would reinstate moral hazard, not remove it
V&A East — an ungainly building but a miraculous museum
The institution’s new outpost joins ‘East Bank’, London’s overbuilt and under-designed cultural quarter
UK’s Help to Buy housing scheme mainly benefited higher earners, says think tank
Report by IFS says policy did little to increase affordability for those on lower incomes
Pastries, but not kebabs, fall foul of UK junk food advertising ban
Watchdog bans Lidl pastry advertisement while items from kebab chain are cleared
FT Crossword: Number 18,346
BlackRock profits jump as it draws in $130bn
Earnings for first quarter underline asset manager’s push into investment products that generate higher fees
OpenAI releases new cyber security model to limited group of customers
Launch of GPT-5.4-Cyber follows concern about ability of Anthropic’s Mythos to find software bugs
FirstFT: China flexes economic muscle with soaring use of export controls
Also in today’s newsletter: Singapore tightens monetary policy and Wall Street’s trading boom
Transcript: Space ecstasy
Katie Martin talks to Robert Armstrong and Richard Waters
The ‘deep fried’ stocks more expensive than Nvidia
Indonesian regulators investigating ‘broad range of potential market misconduct’
Lebanon and Israel hold first direct talks in decades as fighting continues
No major breakthrough as envoys from two countries meet in Washington to discuss conflict and its links to the Iran war
Milei’s inflation fight stalls in Argentina
The final stretch of reining in price increases is likely to be difficult, warn economists
Fix to critical UK jobs data faces further delays
ONS is privately warning that it will not iron out problems in its ‘transformed’ labour force survey before 2027
Starmer’s UK defence strategy set to be torpedoed by spiralling costs
Ex-Nato chief Lord George Robertson’s rebuke of premier highlights the rising needs of Britain’s armed forces
Strait of Hormuz tankers stop or turn around amid US blockade
US military says no ships pass through its operation to seal off Iranian ports in first 24 hours
Kevin Warsh is very rich, or possibly very, very rich
In the Fed with the bread
UK regulator bans unauthorised Martin Lewis ads for car finance claims
Conclusive Financial’s promotions boasted of high compensation figures and used images without permission
Space ecstasy
SpaceX might be the biggest IPO ever
Musk is officially free to roam in Texas
Delaware ruling draws a line under Tesla’s corporate domicile in the Lone Star State
Gucci slump deals blow to Luca De Meo’s Kering turnaround
Sales at luxury group’s key brand tumble 8% in the first quarter as Iran war takes toll on industry
Fed chair nominee Kevin Warsh reveals assets worth more than $130mn
Trump’s pick to succeed Jay Powell reports $10mn in consulting fees from Stanley Druckenmiller’s family office
US stocks close higher after Trump floats new US-Iran talks within days
US president says meetings could happen this week in Islamabad but further discussions will take place in Europe
How the US can blockade the Strait of Hormuz
US forces will be ready to descend from helicopters on to oil tankers