Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. The UK financial watchdog has said it is gearing up to launch an industry-wide redress scheme for customers who were mis-sold car finance as it prepares for next month’s landmark Supreme Court case on … Read more
Stay informed with free updates Simply sign up to the Exchange traded funds myFT Digest — delivered directly to your inbox. Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools The first exchange traded fund to focus only on European defence companies has … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Investors fear that Donald Trump’s tolerance for a steep stock sell-off is far higher than it was in his first term as they lose faith that financial markets will restrain the president’s tariffs … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Stocks dropped for a second day as investor concern mounted over the health of the global economy amid President Donald Trump’s erratic tariff regime and fears of a US slowdown. Chinese, Japanese and Australian stock … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is president of Queens’ College, Cambridge, and an adviser to Allianz and Gramercy Financial markets have witnessed a dramatic change that is overturning the consensus trades that dominated until early February of this … Read more
Supply chain visibility is a growing priority for chief executives dealing with increasingly complex and brittle logistics networks. The value of intermediate goods — those used to make other goods — traded internationally has tripled since 2000 as companies have expanded across borders, according to a McKinsey study. The Covid pandemic demonstrated how fragile some … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bond fund Pimco has already recorded a 17 per cent paper profit on its portion of a £3bn emergency loan that it and other lenders are set to provide to ailing utility Thames Water. Several … Read more
Stay informed with free updates Simply sign up to the US & Canadian companies myFT Digest — delivered directly to your inbox. Nasdaq will end an undisclosed high-speed trading service it offered to a handful of its client trading firms after coming under scrutiny from US regulators. The US stock exchange had been marketing to … Read more
For Fred, a 30-year-old strategy consultant, one of the first challenges of moving to New York from London was getting used to his new Chase banking app. “Wiring people cash is clunky and you have to pay fees,” he says. “It’s a bit of a nightmare.” Revolut and Monzo, the two leading UK digital banks, … Read more
Stay informed with free updates Simply sign up to the UK energy myFT Digest — delivered directly to your inbox. Britain’s main energy lobby group has accused the regulator of “unreasonable and unprofessional” behaviour, including contacting energy company staff at 6pm on Fridays, exposing a rift at a crucial time for the industry. In a … Read more