Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Parents who employ nannies could see their annual childcare bills jump by more than £1,000 from April under measures announced in this week’s Budget. The chancellor’s key tax-raising policy will see employers’ national insurance contributions … Read more
The current situation in California’s foster system is dire, as many foster family agencies are facing a crisis due to insurance issues. The Nonprofits Insurance Alliance of California, which previously insured 90% of foster family agencies in the state, issued letters of nonrenewal to all agencies, citing concerns about accountability in cases where children are … Read more
Hurricane Milton, a monstrous storm set to hit western Florida Wednesday night, is poised to deplete the finances of the government’s chronically indebted flood insurance program. Congress is already bracing for a fight over what to do about it. Key lawmakers and aides are beginning to game out the likely impact on the National Flood … Read more