Voters will go to the polls in all 32 London boroughs, 36 metropolitan authorities and handful of other councils on May 22. This interactive map and cartogram shows the current state of parties in the local authorities holding elections, and some of the possible scenarios for the elections’ outcomes.

The recovery in the world’s leading economies is strengthening, according to the Tracking Indices for the Global Economic Recovery, the Brookings Institution-Financial Times index of the global economy.

Explore the index with this interactive graphic. You can read more analysis from Eswar Prasad, Karim Foda, and Arnav Sahu on the Money Supply blog.

Russia is just the latest of more than 40 countries subject to sanctions since 2000, with 35 restrictions still in placeincluding a growing range of targeted measures.

Martin Stabe

Banks have paid more than $100bn in legal settlements with US regulators since the financial crisis, data compiled by FT reporters shows.

Update, August 7: Bank of America’s $16bn settlement over allegations of misselling mortgage-backed securities brings the total for the first eight months of 2014 to more than $50bn, exceeding the total collected in the whole of 2013. Read more

More millionaires migrated to the UK between 2003 and 2013 than to any other country worldwide, and London topped the rankings for millionaire residents in a single city.

A net flow of 114,100 dollar millionaires flocked to the UK over the decade in question, taking the country’s total to 815,000, or 13 people per 1,000 residents.

More than 60 per cent of millionaires moving to the UK since 2003 were from Europe, according to the report compiled by specialists in wealthy individuals, New World Wealth. The figures exclude the value of primary residences.

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Members of the professional middle class in England and Wales have seen a rapid decline in their options when looking for a place to buy a house. The number of electoral wards where the average property price is above the affordability threshold has risen from just 101 (1.1 per cent) in 1995 to 489 (5.7 per cent) in 2012.