Swamp Notes is produced by Henry Larson. Samantha Giovinco mixed this week’s episode. The FT’s acting co-head of audio is Topher Forhecz. Special thanks to Pierre Nicholson.

The UK financial regulator has been urged by members of the House of Lords to shorten the timeframe for its planned multibillion-pound scheme to compensate consumers who were mis-sold car finance.

The US president is increasingly tying trade policy to geopolitics, using economic might to bend countries to his will ...