Klarna launches stablecoin to cut cost of cross-border payments
Digital token will aimed at merchants moving large sums and may also be offered to consumers
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Schroders chief issues staunch defence of London equity market
Public companies are vital for transparency and holding management to account, says Richard Oldfield
Valuations and returns revisited
In the short and very long terms, ignore equity market valuations. In between, watch carefully
Ukraine debate on peace plan raises EU pressure to agree frozen assets loan
Also in this newsletter: UNHCR sources additional EU funding for Sudan crisis
Currency traders bet against sterling ahead of Budget
Investors buy option protection on fears Rachel Reeves’ tax-raising measures could hurt growth