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The pandemic created a boom in retailers selling designer brands. But Matches is now in administration and Farfetch was sold to avoid insolvency

Also in this newsletter: Foreign ministers break tradition to snub Hungary

The hatchet job is a dying art, so how are we meant to know which cultural offerings to avoid?

Plus, Telefónica chair gets ousted and Santander considers getting rid of its UK retail bank business

Striking a chord (diagram)

Desperately seeking seven

Political capture of the central bank would have profound implications for how future fiscal policy might affect the economy

UK-based publisher joins newsrooms around the world in grappling with existential threat posed by new technology

California family learns about private-equity hardball while selling supermarket chain

Prevalence of toxic management is difficult to measure — but scandals show it is a problem in every sector