News

Rishi Sunak is refusing to rush Britain back into the EU’s €95.5bn Horizon science programme despite his recent breakthrough in relations with Brussels, raising the prospect of a tough negotiation on rejoining the scheme. Senior colleagues said the UK prime minister was “sceptical” about the value of the research programme — the world’s biggest —
0 Comments
James has lived in Dubai for 30 years and has never seen the local property market so frenetic. On a clear day, from his office in Boulevard Plaza, a stone’s throw from the Burj Khalifa, he can see the Palm Jumeirah, a man-made archipelago in the shape of a palm tree lined with luxury villas.
0 Comments
Kate Forbes, previously tipped to succeed Nicola Sturgeon as leader of the Scottish National party, recently admitted that she would have voted against same-sex marriage had she been a member of the Scottish parliament in 2014. A public furore ensued. Forbes is a devoted member of the Free Church of Scotland. Stephen Evans, chief executive
0 Comments
This article is the latest part of the FT’s Financial Literacy and Inclusion Campaign Money: it’s emotional. If I had to sum up the main lesson I have learned after many years writing about personal finance, this would be it. I always try to break down the barriers that prevent readers from getting to grips
0 Comments
Boris Johnson has criticised Rishi Sunak’s deal on post-Brexit trading in Northern Ireland, but the former UK prime minister admitted that many people wanted to “move on” from rows with Brussels. Although Johnson said he would find it “very difficult” to vote for the so-called Windsor framework, Sunak has secured a critical victory by splitting
0 Comments
This winter, American realtors have a plethora of problems to ponder. Surging interest rates have created a frozen residential housing market and shifting working practices will push office vacancies to 55 per cent above their pre-pandemic peak by 2030, according to new research from Cushman & Wakefield. The prospect of stranded assets looms. But if
0 Comments
The US will launch a renewed crackdown on countries and individuals helping the Kremlin evade western sanctions amid growing fears Russia is fuelling the war in Ukraine by funnelling imports through countries such as the United Arab Emirates and Turkey. The push by the US Treasury, commerce and justice departments, details of which were obtained
0 Comments
The writer is founder of Sifted, an FT-backed media company covering European start-ups In the justifiable, if spicy, words of one veteran tech investor in Israel: “It’s a fricking miracle what we’ve built here.” Over the past three decades, the tiny country of 9mn people, located in a hostile neighbourhood, has shrugged off wars, uprisings
0 Comments
Once on the brink of collapse, Britain’s automobile industry was painstakingly rebuilt through investments by carmakers from Japan, Germany and India. State-owned British Leyland had become a byword for bad industrial relations, but in the 1980s Margaret Thatcher oversaw a sector renaissance that began with Nissan agreeing to build a car plant in Sunderland. Now,
0 Comments
In 2002, I moved from London to what was then a blessedly cheaper Paris. London had its almighty banks; Paris was the “Capital of the 19th Century”. In fact, I felt I was emigrating from modernity. France then had lower average incomes than the UK and got less foreign direct investment (FDI), partly because of
0 Comments