François Bayrou has announced €44 billion in cuts and tax hikes, risks no-confidence vote over “year of truth”.

Yesterday’s US inflation failed to validate dovish bets on the Fed and triggered a bounce in the oversold dollar. We see more room for hawkish repricing in the coming weeks, and accordingly, upside ...

François Bayrou does not lack courage - writes John Lichfield. There was something to anger everyone in his extraordinary ...