Britain’s new enemies: immigrants and capitalists

The nation is left with an unhappy choice of populisms

The latest from FT blogs

Rebalancing the economy requires flat to falling real wages and consumption, which will be unpopular
– Andrew Smithers
Latest measures will not end Russia’s military actions in Ukraine, though they will sound alarm bells among its economic elite
– Jeffrey Sachs
Zhou purge a symbol of Xi’s power consolidation
– Jonathan Fenby

A cynic’s case for the bankers’ oath

Any oath-taking ceremonies would have a surreal quality

Loyal users key for Snapchat and Twitter

Popular new networks could rob established players of vitality

Isis claims success in fracturing region

Nations fracturing on religious and ethnic lines

Post-Argentine default calm will fade

Worrying lack of concern over waning EM strength

Affrighted by Afren

Oil group suspends chief amid investigation into unauthorised payments

FT Editorial

Think Jack Bauer in manic market Friday

Busy calendar of data will kick off August trading

James Ferguson illustration

The Brics bank is a glimpse of the future

If the postwar order is being upended, the right response is ‘hear, hear’

Each of us has the ability to go it alone

Growth in self-employment boosts output and tax revenues – it should be embraced

Merkel plays the long game with Putin

The German chancellor has decelerated the pace of sanctions but she will act, writes Beth Pond

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