Seven of the UK’s big banks have passed the Bank of England’s latest stress tests, which are designed to assess their ability to withstand a crisis – but only just. Patrick Jenkins discusses the results with Caroline Binham, FT financial regulation correspondent and Stephen Hall from KPMG.


This year’s carol was specially commissioned by the FT with the help of Nicola Clase, Sweden’s ambassador to the UK. Jane Owen talks to Clase about the piece, which was composed by Johan Hugosson and features lyrics adapted from medieval Scandinavian rune poems. It is sung by the choir of Stockholms Musikgymnasium conducted by Bengt Ollen


Just when designers are building better work spaces, people are losing the habit of working in them, writes Lucy Kellaway


Alex Cheatle’s business had a near-death experience when he lost customers after the dotcom bubble of the late 1990s burst. He tells Jonathan Moules that the experience proved invaluable.

Music: Kevin MacLeod – Off to Osaka


How Lou Reed got prostitution, transvestism, oral sex and drugs past the BBC commisariat with a group of white English ‘coloured girls’. Credits: RCA/Legacy, Spectralite, Sony BMG Music Entertainment


Adam Cole of RBC Capital Markets tells Katie Martin why the euro and dollar still pounce on well-known signs of contrasting US and European monetary policy.


Adele has broken the record for first-week album sales in the US, vindicating her strategy of withholding the release from streaming services such as Spotify and Apple Music. Ravi Mattu asks Robert Cookson, the FT’s digital media correspondent, how she did it and whether it’s a tactic others might follow.


Mauricio Macri has overturned 12 years of Peronist rule in Argentina as the candidate for change. Jonathan Wheatley asks J.P Rathbone, FT Latin America editor, how hard it will be for the new president to turn the economy around without causing too much pain to the electorate.


From science and economics to music and poetry, the FT’s correspondents pick their best reads of 2015.

Music credit: Quiet Music for Tiny Robots, “You Won’t Believe What Happens Next”


Car sales in the US are set to hit a record high this year, helped by the post-recession resurgence of the sport utility vehicle. As President Barack Obama prepares to visit Paris next week for the UN climate change conference, host Shannon Bond asks FT journalists Ed Luce and Robert Wright what the SUV boom means for the government’s efforts to steer Americans toward more fuel-efficient vehicles. Then, the FT’s Robin Wigglesworth and Matt Klein examine how a $2bn IMF-led bailout program is helping to right the Jamaican economy, and Shannon previews the latest episode of Alphachatterbox. Music: “Plain Loafer” by Kevin MacLeod.