Search goes on for Italy quake survivors

Prime minister declares state of emergency as 250 confirmed dead

German business confidence slumps

Key Ifo index falls amid fears of Brexit hit to sentiment

Housing construction picks up in England

Tories still short of target of delivering 1m new homes by 2020

Mylan bends to backlash with drug discount

Clinton among critics to slam cost of anaphylactic shock treatment

Fears of new crisis on Britain’s railways

After Brexit vote, some industry insiders say groups risk seeing growth fall short of forecasts

Self-driving taxis hit the road in Singapore

US start-up nuTonomy launches world’s first public trial

Investors pressure Sports Direct board

Big asset managers call for review of retailer’s governance

Former Manchester United footballer Gary Neville wants to construct two skyscrapers just yards from the city’s Grade I listed town hall and library
©FT Montage/Jon Super

Heritage lobby puts boot into Neville plan

Campaigners oppose ex-Man Utd player’s skyscrapers proposal

GCSE passes fall because of forced resits

Those who score less than C grade in English and Maths must retake

ITV ends pursuit of ‘Peppa Pig’ producer

Shares in Entertainment One drop more than 10% on abandoned bid

UK net migration remains at near-record level

ONS data say 303,000 came to the UK for work last year

Comment & Analysis

©FT Graphic / Bloomberg

US companies braced for tax shake-up

Reform seen as long overdue as overseas cash pile rises to $1.2tn

Designer Sonia Rykiel dies aged 86

Elysée Palace describes ‘queen of knits’ as a pioneer who ‘invented a way of life’

©FT montage

Pension megadeals lose their allure

Lower-for-longer rates lift cost of taking schemes off balance sheets

Conversation starters: Comments from our readers

"Free money has several effects. First, it gets thrown away. Second, it won't be paid back. Third, it destroys any incentive for reform of an economically inefficient legal infrastructure. And there aren't any EMs that are not dependent on China. So bad investments plus a slowing China equals default. Welcome bankruptcy the EM way! Zero recovery."
William Gamble on As China nears exhaustion investors must look elsewhere

"Auditors are ultimately human. Many are quite young and may not have the experience to spot highly complex or sophisticated fraud. The move to machine learning and AI is interesting and could potentially remedy some of these issues insofar as this technology can digest more data far quicker than a any human. It is something the Big Four are looking at."
Charlie 1987 on Accountancy’s Big Four need more competition

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