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UK immigration
UK lacks detention capacity for Rishi Sunak’s migration crackdown
...Existing detention sites have had to reduce their capacity over the past year due to a lack of staff and resources....
March 12, 2024
High Speed Two Ltd
HS2 considers scrapping first-class seats to maintain passenger capacity
...First-class seats could be scrapped on Britain’s new High Speed 2 train line as officials look for ways to avoid a drop in passenger capacity on the troubled rail link after Rishi Sunak tore up much of the...
January 26, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Aerospace & Defence
Rishi Sunak expected to unveil new UK warship programme
...Sir Simon Clarke, a former cabinet minister on the right of the Tory party, said: “In a dangerous world, we need to set out with greater conviction and clarity how we’d get to 2.5 per cent of GDP on defence...
April 20, 2024
UK foreign policy
UK expected to appoint national security adviser as ambassador to US
...He added: “There’s no convention that’s developed that you’d keep these appointments open for an incoming government to fill.”...
April 22, 2024
Nuclear energy
EU must wean itself off Russian nuclear fuel, Belgian PM says
...A senior EU official said the nuclear summit was a “reflection of a shift that is happening and it is quite remarkable”....
March 24, 2024
Japanese business & finance
MS Amlin owner to ramp up London underwriting capacity
...Mitsui Sumitomo, which this month celebrates the 100th anniversary of its investment in London, plans over the next half-decade to reach £3bn in stamp capacity — a measure of the business it underwrites...
February 15, 2024
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
News updates from January 30: Microsoft posts record revenue, Eurozone economy stagnates in Q4
Saudi Arabia abandons plan to boost oil production capacity
...it had been asked by the energy ministry to abandon a plan to increase the Kingdom’s maximum sustainable production capacity from 12mn barrels per day to 13mn b/d by 2027.The multi billion dollar investment...
January 30, 2024
Climate change
World coal capacity growth jeopardises peak emissions forecasts
...“It’s important to distinguish between how much capacity a country has and how much it uses....
April 11, 2024
UK defence spending
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
...Sunak insisted his defence spending commitment was “a completely funded plan”, highlighting the government’s proposal to cut around 70,000 civil service jobs, which officials say would free up £2.9bn a year...
April 24, 2024
How To Spend It In...
Louis Sarkozy’s guide to Washington DC
...Then I’d kick back with friends and contemplate the beauty of western civilisation. I’m in awe of Washington, this handsome city, the cultural capital of the USA....
April 24, 2024
Oil
Opec+ defers tricky decision on production increases
...US production rose by roughly 1.5mn b/d to a record 13.5mn b/d in 2023 while that of Iran increased to an average of roughly 3.9mn b/d from about 3mn b/d a year earlier, said Claudio Galimberti, North America...
March 5, 2024
HM Revenue & Customs
HMRC undermining innovation by failing to award R&D tax credits, say start-ups
...“It is completely contradictory to wanting to be a tech superpower,” he said, adding that officials had denied requests to discuss the claim on a call....
April 1, 2024
Saudi Aramco
Saudi Arabia ditches plan to raise oil production
...“They have 3mn b/d of spare capacity now so what is the rush of increasing production capacity to 13mn b/d.”...
January 30, 2024
UK business
Manchester’s new arena delays opening night amid safety concerns
...A test event scheduled for this Saturday, with a below-capacity crowd size of 10,000 in only the lower bowl of the arena, will still go ahead, Co-op Live said, adding that the arena “will continue to test...
April 22, 2024
News updates from February 27: Hungary backs Sweden’s Nato bid, FTC sues to block Kroger-Albertsons merger
Qatar to increase LNG export capacity in bet on Asian demand
...The plans mark a bet by the Gulf state that strong demand for the fuel will continue, with Asian economies switching from coal as part of efforts to cut carbon dioxide emissions. Read more here....
February 25, 2024
FT Live
Accelerating the Energy Transition in Asia
Industrial strategies and policy drivers for sustainability
Tuesday, 30 JulyMandala Club, 31 Bukit Pasoh Rd, Singapore 089845
Unhedged
Regime change is here
...Long-run measures of economy-wide R&D have surged: Both parties now embrace a larger role for government....
April 19, 2024
InterviewNuclear energy
UK should consider wider range of nuclear power options, says top official
...The UK should consider a range of technologies for future large-scale nuclear power plants as it seeks to revive the sector, according to the top official overseeing those efforts, casting doubt over the...
April 9, 2024
UK politics
Extra 85,000 childcare places needed in England to meet government target
...The Department for Education said on Friday that ministers would launch a pilot scheme to explore whether empty school space could be repurposed in order to boost capacity in a sector struggling with increased...
April 18, 2024
Disease control and prevention
Dispute over genomic databank undermines fight to thwart next pathogen
...“Where countries disagree is how much industry should pay and what those funds should cover beyond support for running the system and lab capacity.”...
March 18, 2024
LexOil
Oil traders bet Iran will want to keep its exports flowing Premium content
...These have picked up markedly in recent years, from a low of about 400,000 b/d in the pandemic year of 2020 to about 1.4mn b/d recently, according to Richard Bronze at Energy Aspects....
April 15, 2024
News updates from April 19: Israel launches retaliatory strikes against Iran; S&P 500 falls for third straight week
Israel warned US of strike plan, says official
...Israel notified the US of its intention to carry out strikes in Iran on Thursday evening, giving its closest ally a few hours’ notice, an Israeli official said....
April 19, 2024
ReviewVisual Arts
Paris 1874: Inventing Impressionism, Musée d’Orsay — the defiant painters who gave us modern art
...The entrance hall to the Musée d’Orsay’s magnificent Paris 1874: Inventing Impressionism is smothered in bright red flowers — enlarged versions of the scarlet blots and flecks swarming the long grasses of...
March 29, 2024
News in-depthMiddle East conflict
Iran crisis risks easing pressure on Israel over Gaza, diplomats warn
...But they said that if it were to happen, it would not affect military capacities such as missiles and air defence systems that Israel would need to defend itself in a conflict with Iran....
April 18, 2024
News updates from April 19: Israel launches retaliatory strikes against Iran; S&P 500 falls for third straight week
Israel’s strike on Iran a ‘very limited attack’, senior EU official says
...Israel’s strike on Iran on Friday was “a very limited attack”, a senior EU official has said, with “no human consequences or huge damage”....
April 19, 2024
Yanmei Xie
China’s cull of EV overcapacity will bring little relief to Europe
...The writer is the geopolitics analyst at Gavekal Research A senior official in charge of China’s industrial policy recently vowed to get serious about slashing excess capacity in the country’s electric-vehicle...
February 4, 2024

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