Net zero is not a zero-sum game

Fresh polling shows a new divide on the right but support remains high for UK climate policy

Unilever in talks to sell food division to spice and sauce maker McCormick

Consumer goods giant considers offloading unit worth tens of billions of dollars as it pivots to beauty and personal care

FTAV’s further reading

Oil; inflation; war; tax; Bessembinder; robots; Afroman; lager

UK borrowing overshot in February before Middle East turmoil

Higher than expected £14.3bn figure comes as war threatens to hit outlook for public finances

Interest rates take fright

The market’s calm in the face of war is beginning to crack

EU agrees on review of emissions trading system as energy crisis bites

Also in this newsletter: Macron urges Brussels to counter election interference

FirstFT: Fears of jet fuel shortage rattle airlines

Also in today’s newsletter: WEF shake-up and Deutsche Bank reshuffle

Transcript: The ‘Armageddon scenario’ for gas markets

Marc Filippino speaks to Sam Learner, Malcolm Moore and Victoria Craig

Sports Exchange

This series features insights from some of the most influential figures in sports ownership and leadership. In this instalment, Kay Cossington, chief executive of Bay Collective, discusses investment, infrastructure and the long-term future of women’s football.

Big Brother is watching at JPMorgan

The bank is deploying technology to ensure junior employees are not under-reporting working hours

Could the US really release more of its strategic oil reserves?

Desperation, thy name is Scott Bessent

The case for slicing up consumer conglomerates further

Investors are better able to value pure plays, while lacklustre units can dilute overall growth and margins at sprawling companies

Edward Jones insists AI will not replace its $2.5tn financial adviser network

Clients will want human insights even as new technology shakes up investing, according to chief executive Penny Pennington

Labour’s leftward shift and the bond vigilante threat

The UK’s debt mountain would constrain a new prime minister’s choices — and could make further tax rises more likely

Will Saturday Night Live work in the UK?

Sky is placing a multimillion-pound bet on remaking the long-running US comedy show for a British audience

World Economic Forum explores trustee shake-up after scandals

Move could consolidate power for co-chairs including BlackRock CEO Larry Fink

Meat cargoes bound for Gulf stranded as conflict hits Eid trade

Shipments from east Africa including goat and cattle meat have plummeted and transport costs have soared

Small rituals of survival in Tehran

War feels like something that should have been left behind in a more brutal century

The war over tail risks is in full swing

Trump’s financial fight with insurers will affect business confidence as much as the kinetic battle

Airlines draw up contingency plans over jet fuel shortage fears

War in the Middle East is disrupting supplies and driving up prices

Qatar’s gas empire comes under fire

Iranian strikes on world’s largest LNG facility deal shock to state that has carved out role as a mediator of conflicts

Maritime security is key to global energy supplies

Companies need to know their vessels can pass through busy shipping lanes repeatedly and safely

Military briefing: the perils of the Hormuz escort plan

Mines, fast boats and missiles would threaten one of the most dangerous US naval missions in decades

JPMorgan deploys tech to monitor junior bankers’ working hours

Tool checks staff are not under-reporting time they spend working