Stay informed with free updates Simply sign up to the Education myFT Digest — delivered directly to your inbox. The writer is director of the Social Market Foundation think-tank “I love the poorly educated.” Donald Trump may have put it in the crudest terms, but the former US president is not alone among politicians on
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Japan dispatched 10,000 of its military forces to help rescue and relief efforts after a powerful earthquake on the west coast on New Year’s Day left at least 48 dead and dozens injured. Prime Minister
One note to start: In this special edition of DD, we’re looking ahead to some of the biggest themes that will affect dealmaking, private equity, corporate finance and much more in the coming months. We’ll be back to our scheduled programming on Tuesday, January 9. Thanks for reading and happy new year from Arash, JFK
Stay informed with free updates Simply sign up to the Fund management myFT Digest — delivered directly to your inbox. Asset managers have launched the lowest number of funds for UK investors in two decades, as higher living costs and interest rates have prompted investors to move out of investment funds. Some 397 funds started
A series of scandals and strategic mis-steps exposed shortcomings in the governance of Big Four accounting and consulting firms in 2023, prompting a rethink about how best to hold management to account. EY’s US partners voted before Christmas to introduce a new governance system that includes a board to oversee management and approve strategy, according
A few years ago, the Oxford physicist David Deutsch came up with a simple and beguiling theory, which he called the principle of optimism. In his view, all knowledge that does not contradict the rules of physics is attainable through the application of science and reason. The only variable is how long it takes us
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In his warehouse workshop, Wu Chi-kai, one of Hong Kong’s few remaining neon craftsmen, has for decades bent glass tubes into one of the most instantly recognisable symbols of the Chinese territory — brightly coloured
Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. Wine, port and sherry prices fell in December as UK food inflation eased to its lowest rate since June 2022, according to industry data. The British Retail Consortium (BRC) said on Tuesday that annual food
UK economic growth will continue to be “anaemic” ahead of the general election, according to leading economists who called on the government to boost investment to revive the country’s economic prospects. Among nearly 100 economists who responded to the annual Financial Times questionnaire, the prevailing view was that living standards would improve in 2024 for
UK voters will enjoy higher wages but continue to struggle with mortgages and rent ahead of the next election as the cost of living crisis gives way to an uneven “grey gloom”, according to a Financial Times economists survey. A majority of the 90 respondents to the FT’s annual poll of leading UK-based economists said
US politics gets back to work this week, as President Joe Biden returns on Tuesday from his holiday in the US Virgin Islands, while Congress convenes on Wednesday for a largely ceremonial opening session. Former president and likely 2024 contender Donald Trump stumps in Iowa this week. On Wednesday the Federal Open Market Committee issues
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s top court has struck down a contentious law to overhaul the judiciary passed by Benjamin Netanyahu’s far right government, in a move that could reopen bitter divisions in the country over the changes. The
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s central bank governor has urged Prime Minister Benjamin Netanyahu to rapidly curb public spending, warning that markets could react badly if his government failed to act over the Shk210bn ($58bn) cost of the war
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. (verb) the act of diversifying supply chains to avoid relying too heavily on one geography In 2023, the G7 nations decided to drop the dreaded word “decoupling,” when referring to their policy approach to China,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chinese group BYD has moved a step closer to unseating Tesla as the world’s top-selling electric-vehicle manufacturer after reporting bumper fourth-quarter sales. The Shenzhen-based company, which has become emblematic of China’s rise as a powerhouse
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Electric vehicle buyers fret about range. Investors in Volvo Cars have similar worries about the staying power of the carmaker’s new strategy. The company has promised to end production of internal combustion cars by 2030.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel will begin withdrawing some troops from Gaza this week, in the first significant reduction of its forces in the besieged enclave since the war with Hamas erupted almost three months ago. The Israel Defense
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The number of people arriving in the UK by small boat via the Channel fell by more than a third in 2023, marking the first year-on-year decline since records began in 2018, according to government
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK and the US have stepped up pressure on Houthi rebels as the Yemeni movement targets commercial vessels passing through the Red Sea, disrupting a critical maritime trade route. UK defence secretary Grant Shapps
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It is a cliché that US presidential elections present momentous choices with long lasting consequences. In reality few live up to that billing. The difference between Dwight Eisenhower and Adlai Stevenson in 1952 or between
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. As it prepares to enter the third year of full-scale war against Russian invaders, Ukraine needs significantly more troops. But given the risk of a public backlash, the task of raising men for the armed