Financial Times

Accessibility help Skip to navigation Skip to content Skip to footer

Pensions crisis

UK’s largest pension scheme was warned against debt strategy before crisis

Universities including Oxford, Cambridge and Imperial College advised £90bn USS of ‘significant risks’

3 hours ago

Goldman pursues asset purchases in UK pensions fire sale

Who is to blame for the latest pensions debacle?

Terry Smith

Why Big Tech shreds millions of storage devices it could reuse

Data protection

Deep dive. Why Big Tech shreds millions of storage devices it could reuse

Editor's picks

Putin’s botched mobilisation triggers blame game in Russia

Putin’s botched mobilisation triggers blame game in Russia

Spare a thought for Kim Kardashian

Jemima Kelly

Top stories

Live news: Global trade stagnates as demand from US weakens

Live news: Global trade stagnates as demand from US weakens

Live

Markets Briefing. Stocks resume advance as investors assess rate rise outlook

1 hour ago

White House accuses Opec+ of aligning with Russia

White House accuses Opec+ of aligning with Russia

Oil production cuts prompt backlash from Washington amid soaring energy inflation

Explainer. Opec+ unleashes shockwaves with big cut to oil production

UK households to lose more than they gain from Kwarteng tax cuts

UK households to lose more than they gain from Kwarteng tax cuts

IFS calculations show all levels of income distribution will be hit by measures

Second rating agency cuts UK outlook in wake of mini-Budget

‘Seeking hope’: MPs reflect on Liz Truss’s calamitous Tory conference

UK politics & policy

‘Seeking hope’: MPs reflect on Liz Truss’s calamitous Tory conference

Some Conservatives fear the party is heading for defeat at the next election as new PM reels from setbacks

Inside Politics. Tories are the most powerful part of the anti-growth coalition

new

Spotlight

Foreign investment in US

Miami tops FT-Nikkei ranking of best US cities for foreign businesses

Orlando, New York and Boston round out leading cities in inaugural Investing in America report

Miami tops FT-Nikkei ranking of best US cities for foreign businesses

Larry Summers: ‘The destabilisation wrought by British errors will not be confined to Britain’

Larry Summers: ‘The destabilisation wrought by British errors will not be confined to Britain’

The former US Treasury secretary delivers his verdict on a fiscal statement that sent markets spinning

News

Investors reap big rewards from bets on Musk closing Twitter deal

Investors reap big rewards from bets on Musk closing Twitter deal

Carl Icahn, Pentwater and Hindenburg Research predicted billionaire would complete takeover

Musk’s deposition delayed as he wrangles with Twitter over deal

Xi cracks down on disloyalty ahead of Communist party congress

Xi cracks down on disloyalty ahead of Communist party congress

Corruption sentences serve as warning against disobedience but also expose leader’s ‘dirty work’

Taiwan blocks Hong Kong migrants over KPMG China and Cathay links

Shell signals end to record profits run as refining margins drop

Shell signals end to record profits run as refining margins drop

Weaker gas trading and lower chemicals unit margins weigh on earnings in third quarter

1 hour ago

Most read

1

Saudi Arabia and Russia plan deep oil cuts in defiance of US

2

White House accuses Opec+ of aligning with Russia

3

Russian troops retreat from front lines in southern Ukraine

4

‘Someone will get hurt’: Investors and analysts warn on rising market stress

5

Ukraine faces critical battle in the south before winter, US says

Do Kwon denies prosecutors froze $67mn of crypto assets

Do Kwon denies prosecutors froze $67mn of crypto assets

‘I don’t know whose funds they’ve frozen, but good for them,’ fugitive Terraform Labs founder says

2 hours ago

Huawei to relaunch 5G phone despite US sanctions

Huawei Technologies

Huawei to relaunch 5G phone despite US sanctions

Chinese tech group works to bypass penalties by redesigning phone to avoid restricted advanced chips

Why Germany’s energy package is undermining EU unity

Why Germany’s energy package is undermining EU unity

€200bn stimulus unveiled last week has met with a wave of criticism from leaders in the region

2022 droughts ‘virtually impossible without climate change’, study finds

2022 droughts ‘virtually impossible without climate change’, study finds

Scientists say rising temperatures 20 times more likely owing to human actions

Travis Kalanick-linked lobby group to fight food delivery apps

Retail & Consumer industry

Travis Kalanick-linked lobby group to fight food delivery apps

Digital Restaurant Association wants more customer data to be shared and cap on fees

Former Rusal chief launches London’s first mining Spac

Special purpose acquisition companies

Former Rusal chief launches London’s first mining Spac

Artem Volynets’ venture will seek to invest in critical metals such as cobalt and copper

3 hours ago

Hollywood says farewell to Chinese investment bonanza

Foreign investment in US

Hollywood says farewell to Chinese investment bonanza

Geopolitics and the pandemic put paid to the deals boom of the 2010s

Wall Street finds a tax silver lining in down market

Wall Street finds a tax silver lining in down market

Banks are helping wealthy clients to sell investments at a loss to lighten their bills

Opinion

Conservatives have chosen the path to political putrefaction

Under Truss and Johnson the Tories have sunk into factionalism and let the bad drive out the good

Robert Shrimsley

Robert Shrimsley

Conservatives have chosen the path to political putrefaction

Truss’s obstinacy spells trouble for energy too

Failure to ‘roll the pitch’ earlier on power conservation has made support scheme unnecessarily costly

Cat Rutter Pooley

Cat Rutter Pooley

The west must return Africa’s stolen assets, as well as its artefacts

Muhammadu Buhari

The FT View. UK pension funds’ crunch should be a cautionary tale

The editorial board

Lex. Twitter/X.com: lessons from WeChat suggest Musk will struggle to create a super app

Outlook. A return to my father’s Vietnamese refugee camp

Georgina Quach

Lex. Sanctions: nuclear strike would exclude Russia from world economy

Trade Secrets. Deregulation is no short-cut to creating world-class industries

Alan Beattie

More Opinion

Markets Insight

Inside Business

UK News

Electricity calculator: how much will your bills cost this winter?

Find out how much your electrical devices and appliances will set you back under the new energy price cap

Electricity calculator: how much will your bills cost this winter?

Kwarteng to meet UK bank chiefs over mortgage market turmoil

Truss EU talks lift hopes of end to Northern Ireland deadlock

UK business leaders urge Tories to stop infighting and focus on the economy

Serco’s Caledonian Sleeper contract to be axed next year

Ex-Jones Day partner told to pay £635k over instruction to ‘burn’ app

BlueCrest doubles money in bond market rout

Podcasts

Rachman Review podcast

Rachman Review. Protests show Iran’s social contract is broken

23 min listen

FT News Briefing podcast

FT News Briefing. US lashes out at Opec+’s oil cuts

10 min listen

Behind the Money podcast

Behind the Money. How Wall Street became infatuated with the music industry

19 min listen

Working It podcast

Working It. How to deal with toxic colleagues

21 min listen

Mariana Enríquez: ‘Reality is starting to resemble horror more and more’

Interview. Mariana Enríquez: ‘Reality is starting to resemble horror more and more’

A Friend of the Family — the true story of a surreal abduction

Review. A Friend of the Family — the true story of a surreal abduction

Blues for an Alabama Sky review — a wonderful, bittersweet staging at the National Theatre

Review. Blues for an Alabama Sky review — a wonderful, bittersweet staging at the National Theatre

The quiet resurgence of master weaver Peter Collingwood

HTSI. The quiet resurgence of master weaver Peter Collingwood

An insider guide to Tokyo’s Koreatown

Things to do in Tokyo

FT Globetrotter. An insider guide to Tokyo’s Koreatown

Video

Globalisation

Globalisation44 min

Reinventing farming and food post-globalisation | FT Film

5 hours ago

Brazilian politics

Brazilian politics25 min

Brazil: a nation divided | FT Film

172 hours ago

Sustainability

Sustainability14 min

Riverford: UK business needs long-term policies and stability | FT Food Revolution

77 hours ago

Energy Source

Energy Source24 min

How Putin held Europe hostage over energy

677 hours ago

Highlights

John Hanke: A real-world metaverse will be more magical than VR

Niantic founder says adding a tech layer to indoor and outdoor experiences can enhance reality

John Hanke: A real-world metaverse will be more magical than VR

Bullying at work — why it happens, what can be done

The Big Read. The new era of stronger hurricanes: bigger storms, better forecasts

How to Lead. Mars’ outgoing CEO on succession, family businesses and eating his own dog food

Dear Jonathan. I am a final-year medical student but see no future in it. What alternatives do I have?

Jonathan Black

The ransomware game: can you protect your company from a cyber attack?

FT Business Book of the Year Award. Business book of the year 2022 — the shortlist

Technology

Chinese battery group spun off from missile maker falls on trading debut

CALB’s IPO marks latest lukewarm reception for Chinese companies listing in Hong Kong

1 hour ago

Chinese battery group spun off from missile maker falls on trading debut

#techAsia. The Vision Fund shrinks, and AirPods head to India

1 hour ago

Rustbelt renaissance: Pittsburgh becomes an FDI standout

Central banks face recessionary dangers

John Redwood

San Francisco’s high taxes and living costs threaten Silicon Valley’s dominance

TSMC in Phoenix: $12bn fab eases US microchip supply fears

Former Uber security chief convicted of covering up data breach

Be a part of FT Community

FT Live The Future of the Asset Management CareerSkills, opportunities and challenges for the next gen of financial professionals

FT Live Due Diligence LiveThe Leading Gathering of Powerbrokers in M&A, Private Equity & Corporate Finance

FT Live Innovative Lawyers SummitResponsible Leadership in Law

Women In Business ForumA dedicated programme to accelerate mid-career women into senior leadership.

Future ForumAn authoritative space for businesses to share ideas, build relationships and develop solutions to future challenges.

Climate Capital CouncilWhere businesses share ideas, opportunities and challenges with climate change.