UK approves China’s ‘mega’ embassy in London
Ministers give green light to contentious project after months of political wrangling
FirstFT: Trump doubles down on his Greenland comments
Also in today’s newsletter: ByteDance makes robust push into China’s cloud market, and Saudi banks aggressively expand borrowing
Submit your questions to Claer Barrett: How to organise your finances for the year ahead
Take part in a live Ask an Expert Q&A with the FT’s consumer editor on Thursday January 22, from 1pm to 2pm GMT
Japan’s 40-year bonds surpass 4% for first time
Traders sell sovereign debt ahead of snap election that could give PM Sanae Takaichi fiscal spending mandate
America’s barbarian turn
No ideological code can fully capture Trump’s actions
Fracking pioneers look overseas as US shale revolution goes global
American companies seek opportunities in Venezuela, the Middle East and Australia as domestic shale output plateaus
Physical AI: robotics are poised to revolutionise business
Multi-tasking robots equipped with artificial intelligence will change the world. Mankind has to be ready to get the best out of them. How this is done will be decided in boardrooms and tech labs
Independent to take over operations of London’s Standard
Media group co-owned by Evgeny Lebedev plans to retain print product and ‘future-proof’ the business
Trump criticises ‘stupidity’ of UK’s Chagos Islands deal
US president says Keir Starmer’s plan to give away territory is ‘weakness’
Renault to team up with French defence group to make drones for Ukraine
Carmaker to work with Turgis Gaillard to produce drones at two of its sites
GSK to buy US biotech behind food allergy drug for $2.2bn
Big pharma groups look to boost line-up as they confront patent cliff for blockbuster treatments
Britain is underprepared for this crisis
Keir Starmer needs to make clear the stakes over Greenland
UK labour market continued its slow decline in final months of 2025
Private sector remained source of weakness in UK jobs market, ONS data shows
Elon Musk asks followers if he should buy Ryanair
Tesla boss posts poll on X in escalation of Starlink spat with Michael O’Leary
Russia knocks out power, heating and water to Ukraine’s freezing capital
Missile and drone barrage unleashed on Kyiv comes hours after Donald Trump invited Vladimir Putin to join his ‘Board of Peace’
UK private sector wage growth cools to 3.6% as employers cut headcount
Latest data will help to reassure Bank of England that inflationary pressures are easing
The Cotswolds has become a global property brand
As historic rectories and manor houses attract Hollywood buyers, more agents compete for fees
FTAV’s further reading
China; prediction markets; US banking; Bari Weiss; linear time; boredom; and snooker
Indonesia’s rupiah falls as Prabowo nominates nephew to central bank role
Currency slumps as concerns mount over institutional independence
Dollar falls sharply and Wall Street stocks set for heavy losses over Greenland crisis
US president insists ‘there can be no going back’ on demand for island
Greenland: Taco or Fafo?
Plus mid caps play catch-up
Trump’s ‘Board of Peace’ invitations bamboozle EU leaders
Also in this newsletter: Poland pledges to join retaliation against US tariffs and warns against division
Danish troops land in Greenland as tensions rise
Donald Trump declines to rule out using force to seize control of Arctic island
Tensions likely between new government and the Bank of Japan
A successful snap election would strengthen Sanae Takaichi’s mandate for increased government spending