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The UK Post Office privately told ministers this month that it would have opposed appeals by nearly half of the 700 sub-postmasters convicted using data from Fujitsu’s faulty Horizon IT system. The message came days before Prime Minister Rishi Sunak announced unprecedented legislation to acquit the sub-postmasters en masse, calling the affair “one of the
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. When Donald Trump won the US presidential election in 2016 America’s allies around the world reacted with consternation and shock. They will have no such excuse if he wins again in November. His victory in
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Time supposedly waits for no one. But try EDF, where clocks really run slow. France’s state-run utility has announced yet another painful increase in the cost and delivery date of its Hinkley Point C nuclear
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK economic activity increased at the fastest pace for seven months in January despite the crisis in the Red Sea adding to manufacturing price pressures, according to a closely watched survey. The surprisingly strong growth,
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Financial Times had only nice things to say about Benito Mussolini in a June 1933 supplement entitled “The Renaissance of Italy: Fascism’s gift of order and progress”. Trains were running on time, investment was
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Often your plan of attack reveals your deeper weaknesses. After years of ascendancy, Scotland’s ruling Scottish National party faces the strategic challenge of the first UK election for some time in which independence is not
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Luxury’s biggest groups, such as Richemont, LVMH and Hermès, are expected to widen their lead on weaker competitors as the world’s wealthiest splash out on the highest priced handbags and jewellery. Analysts expect the performance gap between the market’s elite brands and those favoured by aspirational buyers, who helped drive a multiyear luxury boom but
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Apple is quietly increasing its capabilities in artificial intelligence, making a series of acquisitions, staff hires and hardware updates that are designed to bring AI to its next generation of iPhones. Industry data and academic papers, as well as insights from tech sector insiders, suggest the Californian company has focused most attention on tackling the
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