Stay informed with free updates Simply sign up to the Workplace pensions myFT Digest — delivered directly to your inbox. No area of policymaking suffers more from “muddling through” than pensions. Pension arrangements shape national prosperity and individual security over multiple generations. “Long-termism” is the only sane approach. Yet what the UK has done is,
admin
Imagine it is 2030. Russia and China are holding their first major military exercises in the Arctic. Called Vostok 2030, the joint drill involves thousands of troops, tanks, aircraft, and most of the Russian and Chinese northern fleets. It is just the latest manifestation of Moscow and Beijing’s “historic partnership”. Over the past five years,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK businesses are cutting their plans for growth following tax rises announced in the Budget, according to the CBI, with almost half of those surveyed by the lobby group saying they would reduce headcount and
Poland’s presidential elections will pit Warsaw’s liberal mayor as the candidate of Donald Tusk’s ruling party against a historian chosen on Sunday by the right-wing opposition Law and Justice (PiS) party. The outcome of next May’s vote could unlock Prime Minister Tusk’s reform agenda, which has been stalled by outgoing rightwing President Andrzej Duda since
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s national technology champion Huawei is poised to launch its first flagship phone that can run its own apps on a fully homegrown operating system, in the latest sign of how technology is splintering into
Stay informed with free updates Simply sign up to the Media myFT Digest — delivered directly to your inbox. Wicked and Gladiator II jolted a sagging global box office back to life, with the two films taking in $385mn worldwide at the weekend, giving cinemas hope for a strong holiday season. The hot streak is
Stay informed with free updates Simply sign up to the US economy myFT Digest — delivered directly to your inbox. US retailers are extending their one-day seasonal Black Friday discount offers into a sales event lasting weeks in a bid to tempt US consumers to keep spending, as data suggests that their spree which has
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is chief economist at BCP Securities Social scientists like the idea of critical junctures. This is a theory of how seminal events, usually large external shocks, can alter the long-term trajectory of an
Stay informed with free updates Simply sign up to the Aerospace & Defence myFT Digest — delivered directly to your inbox. The writer is a professor at Arizona State University and author of the forthcoming book ‘Putin’s Sledgehammer: The Wagner Group and Russia’s Collapse into Mercenary Chaos’ The Biden administration’s decision to let Ukraine conduct
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer’s cabinet is split over the assisted dying bill, which will face its first vote in parliament on Friday, after a string of high-profile figures including former UK prime minister Gordon Brown made
Voters heading to the polls in Dublin Central in Friday’s general election will have to choose from a list that includes Ireland’s opposition leader, the head of Brussels’ Eurogroup of finance ministers — and a notorious criminal. For 65-year-old grandmother Georgina, the veteran gangster is the obvious choice. “I definitely know who I’ll be voting
One day at the COP29 climate conference in Baku last week, I ran into a veteran of these sprawling talks who said he had been rereading Getting to Yes, the best-selling book on how to negotiate. “It just made me laugh,” said former EU negotiator, Kaveh Guilanpour, from the C2ES climate think tank. COPs could
Germany is reeling from some of the steepest growth downgrades of any advanced nation as economists warn of its acute vulnerability to the trade barriers being planned by the incoming Trump administration. Economists polled by Consensus Economics expect the German economy to expand by just 0.6 per cent in 2025, down from 1.2 per cent
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump will trigger a “period of chaos” and sharp price rises if he scraps Joe Biden’s manufacturing tax credits and increases tariffs as planned, the White House’s top economic adviser said. Lael
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves’ plan to levy inheritance tax on pensions will “undermine” the retirement savings system and risk leaving beneficiaries with higher costs and lengthy delays before receiving their money, UK wealth managers have warned. In
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world At an event over the summer where I knew the vast majority of the attendees to be highly socially and politically progressive, a woman pulled me aside and told me she needed to
In a historic first, Israel’s Prime Minister Benjamin Netanyahu is a wanted man overseas. But at home, he is stronger than at any point since Hamas’s devastating October 7 2023 attack threw his political future into doubt. Buoyed by Donald Trump’s US election triumph, battlefield gains across the Middle East and the successful ousting of
To the public, Gautam Adani is the Indian billionaire who has built a powerful conglomerate stretching across mining, ports and renewable energy. To his alleged co-conspirators in a multibillion-dollar bribery scheme, he went by code names including “Numero Uno ”. Asia’s second-richest man was this week named in a criminal case filed by the US government
Russia’s armed forces have recruited hundreds of Yemeni men to fight in Ukraine, brought by a shadowy trafficking operation that highlights the growing links between Moscow and the Houthi rebel group. Yemeni recruits who travelled to Russia told the Financial Times they were promised high salaried employment and even Russian citizenship. When they arrived with
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Stanford University professor and Covid-19 lockdown sceptic Jay Bhattacharya has emerged as the frontrunner to run the National Institutes of Health, according to two people familiar with the matter. The nomination of Bhattacharya,
Joe Biden is staging a final push to deliver more aid to Ukraine, lock in manufacturing subsidies and confirm federal judges as he tries to secure his legacy before Donald Trump starts his second term in January. Following vice-president Kamala Harris’s defeat to Trump this month, and the failure of his own re-election bid in