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News updates from March 4: US Supreme Court rules Trump can remain on Colorado ballot; aviation regulator finds compliance issues at Boeing
KPMG hit with £1.5mn fine for ‘serious failings’ in M&C Saatchi audit
...KPMG has been fined £1.46mn by the UK accounting regulator for “serious failings” in its audit of M&C Saatchi, the advertising agency that was hit by an accounting scandal in 2019.The Financial Reporting...
March 4, 2024
KPMG UK
KPMG fined £1.5mn over audit of M&C Saatchi
...Among the failings on the M&C Saatchi audit, the FRC said KPMG did not apply sufficient professional scepticism over a client payment that increased revenues by £1.2mn....
March 4, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
How To Spend It In...
Louis Sarkozy’s guide to Washington DC
...In 2020 my wife, Natali Husić, and I were in Washington without a place to live when we discovered the Fairmont Hotel. We negotiated a price and stayed for seven months, a fascinating experience....
April 24, 2024
HTSI
Why menswear went mad for the builder’s apron
...A certain kind of functional menswear has always offered a bounty of pockets. To construct them well is tricky, essentially adding a garment to a garment....
April 8, 2024
HTSI
Humberto Campana’s circle of life
...There will be a restaurant with a menu incorporating local ingredients, a museum, and a workshop focused on significant Brazilian crafts....
April 12, 2024
Barclays PLC
Barclays chief calls for return of UK equity risk culture
...Revenues in Barclays’ UK division fell 7 per cent to £1.8bn, while net interest income dropped 4 per cent to £1.5bn....
April 25, 2024
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
News updates from February 16: Russian opposition leader Alexei Navalny dies, Trump ordered to pay more than $350mn in New York fraud case
EDF books €12.9bn impairment on delayed Hinkley Point C project
...French nuclear operator EDF has booked a €12.9bn impairment on its delayed Hinkley Point C reactor project in Britain as it negotiates with the UK government over the long-term financing for its planned...
February 16, 2024
Life and Art from FT Weekend podcast46 min listen
The Sporkful: Anything’s Pastable 1 | Every Grain Of Salt
...digital subscription to a $1/£1/€1 trial, are here: http://ft.com/lifeandart...
March 18, 2024
Behind the Money podcast21 min listen
When M&A goes wrong
...When a company is sold there tends to be a standard playbook: There’s some tough negotiations. Then, the buyer gets a business and the seller gets a check. Everyone’s happy....
April 24, 2024
News updates from December 11: COP28 draft deal drops phaseout of fossil fuels, Zelenskyy implores US not to waver in its support for Kyiv
Manulife announces C$13bn reinsurance deal with KKR’s Global Atlantic
...Canadian insurance group Manulife has announced a C$13bn ($9.6bn) reinsurance deal with KKR’s Global Atlantic, freeing up C$1.2bn of capital that the Toronto-based insurer intends to return to investors...
December 11, 2023
UK general election
Inside Politics: who will win the UK general election?
...Registration comes with 90-day access to a recording....
April 16, 2024
Due Diligence
Downfall of a star fund manager Premium content
...That was before DD’s Robert Smith and FT investigative journalist Cynthia O’Murchu exposed that H2O had poured nearly €1.5bn into Windhorst’s network of rickety ventures back in 2019....
January 23, 2024
Behind the Money podcast17 min listen
Can WeightWatchers survive the Wegovy era?
...Read a transcript of this episode on FT.com...
April 10, 2024
Financial literacy
Only 1% of UK primary schoolteachers think pupils have ‘adequate’ financial literacy
...Just 1 per cent of UK primary schoolteachers believe the majority of their pupils possess an “adequate” level of financial literacy, according to a study that will add to pressures on the government to ensure...
April 15, 2024
Corporate bonds
Investors shun riskiest US corporate bonds on default fears
...Technology, media and telecoms companies made up almost a third of the entire $174bn triple C index as of February 15, while healthcare made up more than a tenth....
February 19, 2024
FT Live
Evolving retirement strategies in an ever-changing world
What new regulatory developments mean for IFAs
Tuesday, 30 April1 Friday Street, London
News updates from January 12: China pledges to ‘smash’ Taiwan independence, US wholesale inflation declines
Creditors of Taeyoung E&C approve restructuring as South Korean real estate concerns mount
...The company’s main creditor Korea Development Bank said on Friday that Taeyoung E&C, a subsidiary of the Taeyoung Group, applied for a debt workout last month with creditors, raising fears of a repeat of...
January 12, 2024
Markets InsightJim McCaughan
The T+1 train will soon hit markets
...The shift to T+1 will involve quite a lot of work for US market participants....
January 24, 2024
UK energy
Hinkley Point C delay deals blow to UK energy strategy
...The first of Hinkley Point C’s two 1.6GW reactors, previously due to start producing power in 2027, could now be delayed until 2031....
January 27, 2024
InterviewFashion
Designer Giles Deacon: ‘I never wanted a billion-dollar business’
...I wanted a collection that was decadent but could work in a small flat in London as well as a stately home.”...
February 13, 2024
Pilita Clark
The danger of the very serious person
...We live in a world that is already at least 1.1°C warmer than it was in the late 1800s, where unnerving levels of heat, drought, flooding and ice loss are ever more evident....
April 21, 2024
News updates from February 1: Meta announces first ever dividend, Bank of England holds interest rates
Canada Goose reports strong holiday sales thanks to Asian consumers
...Canada Goose expects revenues of C$1.28bn to C$1.31bn compared with previous guidance of C$1.2bn to C$1.4bn....
February 1, 2024
Behind the Money podcast1 min listen
Coming soon: The Five Minute Investor from Money Clinic
...Introducing Money Clinic’s Five Minute Investor, a miniseries hosted by Claer Barrett, the FT’s consumer editor....
April 12, 2024
Special ReportWatches and Jewellery: April
My Favourite Pieces: Gary Shteyngart’s healthy obsession with water resistance
...Lorca Model No 1 GMT (c 2023) Shteyngart has made friends through his collecting....
April 9, 2024
OutlookAmy Kazmin
‘C’è Ancora Domani’ touches a nerve in Italy’s macho culture
...For now, C’è Ancora Domani looks set to remain a rallying point for Italy’s unfinished gender revolution....
January 10, 2024
InterviewFashion
Giancarlo Giammetti: ‘We couldn’t launch Valentino today’
...Valentino’s revenues were €1.4bn last year, and Kering paid €1.7bn for the shares. The deal gives Kering the option to buy the remaining 70 per cent of the company within five years....
December 5, 2023

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