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UK infrastructure
Labour’s John Hutton to chair new PFI liaison body
...The use of PFI was scrapped by central government in 2018 but can still be used by some devolved administrations, such as regional transport bodies....
January 14, 2024
Credit Suisse Group AG
Swiss regulator seeks to block investors from accessing Credit Suisse AT1 files
...As part of their claim, the investors have requested the disclosure of documents related to Finma’s decision, as well as Credit Suisse staff bonuses linked to the bonds called contingent capital awards....
April 4, 2024
FT Live
Global Banking Summit
The world's top gathering of leaders in finance
Tuesday, 3 DecemberLondon, UK
NatWest Group
NatWest fails to stem Farage pressure as shareholders turn against board
...“The issue was Alison — she briefed a journalist incorrect information,” said one Treasury figure....
July 26, 2023
Argentina
Argentina’s Milei says west ‘in danger’ in fiery Davos speech
...“And that was what this administration did, which previous administrations were not able to do.”...
January 17, 2024
US foreign policy
US and Japan plan biggest upgrade to security pact in over 60 years
...Tokyo has long urged the US to give the three-star USFJ commander more operational authority, saying closer co-ordination on the ground was needed....
March 24, 2024
News in-depthBritishvolt
Missing investments and unpaid rent: Britishvolt owner’s broken promises
...SaniteX, which he set up in early 2020, made tens of millions of dollars selling Australian-produced sanitiser to local authorities....
November 17, 2023
FT Live
The Global Boardroom: 8th Edition
FT journalists in conversation with leaders in business and government
Wednesday, 4 DecemberDigital Conference
Transcript
Transcript: Russia’s failed efforts to rebuild in Ukraine
...Alison KillingSo very quickly, it installed its own Russian administration, and then it got to work ostensibly rebuilding. So very quickly, a master plan was published....
February 23, 2024
News in-depthDonald Trump
Trump prepares his final pitch on presidential immunity
...A group of lawyers, judges and ex-officials — including Ty Cobb, former special counsel to the Trump administration; Bill Kristol, chief of staff to former vice-president Dan Quayle; and Philip Allen Lacovara...
April 24, 2024
NatWest Group
Watchdog apologises to ex-NatWest chief for misleading impression on Farage probe
...The UK’s privacy watchdog has apologised to former NatWest chief Alison Rose for suggesting she breached the law when she spoke to a journalist about the closure of Nigel Farage’s bank account....
November 6, 2023
Nigeria
UK authorities charge former Nigeria oil minister with bribery
...Alison-Madueke also received furniture, renovation work and staff for those properties, private school fees payments and luxury gifts from Cartier and Louis Vuitton, the NCA alleges....
August 22, 2023
FirstFT
FirstFT: Benjamin Netanyahu unveils postwar plan for Gaza
...It makes no mention of any role for the Palestinian Authority, the West Bank-based rival to Hamas that the Biden administration wants to see take over control of Gaza, and rejects international pressure...
February 23, 2024
Israel-Hamas war
Police raid UCLA protest camp as clashes over Gaza spread across US
...pro-Palestinian student demonstrators at the University of California, Los Angeles, as anger and recriminations continued across the US over the war in Gaza and the way the protests have been handled by the authorities...
May 2, 2024
NatWest Group
NatWest hit by outlook cut and Farage probe
...The Financial Conduct Authority separately announced its own probe into the matter....
October 27, 2023
Employment
Millions of workers are caught in a ‘non-compete’ trap
...But in recent years, they have become more widespread, catching those on far lower salaries — from fast-food workers to security staff — as employers use them as a tool to retain staff and minimise hiring...
April 18, 2024
NatWest Group
NatWest results beat forecasts as new chief confirmed
...The state-backed bank said it would pay out £356mn in staff bonuses, slightly below the £367mn it gave out last year....
February 16, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
News in-depthArgentine politics
Milei takes a chainsaw to Argentina’s state companies
...Now Milei’s administration has appointed new management at many of them, with a mandate to slash staff numbers and revamp their strategies....
March 21, 2024
Israel-Hamas war
Columbia threatens expulsion for student protesters
...She accused the administration of targeting Palestinians for suspension and “creating a state-of-emergency on campus to sabotage negotiations”....
April 30, 2024
Venezuela
Venezuela’s Maduro thwarts main opposition candidates ahead of election
...The Biden administration unwound sanctions last October in return for promises from Maduro’s government to move towards free and fair elections, an agreement which now lies in tatters....
March 26, 2024
Camilla Cavendish
This wasn’t a Budget to swing an election
...There was little that even this grown-up chancellor could do to change the picture of his party as an administration that has run out of steam....
March 8, 2024
Hong Kong politics
Hong Kong passes tough new security law
...Deloitte and KPMG were among western corporations that in recent months asked staff to bring burner phones to Hong Kong....
March 19, 2024
Disrupted Times
Nvidia chip frenzy drives markets to new heights
...The one-page document makes no mention of any role for the Palestinian Authority, the West Bank-based rival to Hamas that the Biden administration wants to see take over control, and rejects international...
February 23, 2024
US immigration
Biden orders top aides to Mexico for border talks amid migrant crisis
...But Raj Shah, deputy chief of staff for Mike Johnson, the Republican Speaker of the House, issued a statement saying such claims were “an insult to the American people”....
December 21, 2023
Serious Fraud Office UK
UK SFO director pushes to pay whistleblowers and use covert tactics
...The UK Financial Conduct Authority also ruled payments out a decade ago, taking the view they would reward people for doing their regulatory duty....
February 13, 2024
HM Revenue & Customs
HMRC undermining innovation by failing to award R&D tax credits, say start-ups
...R&D policies have changed multiple times in recent years after authorities attempted to curb an estimated £1.13bn of fraud and error in the system....
April 1, 2024
News in-depthMergers & Acquisitions
Dawn of the credit card war? Capital One takes on Visa and Mastercard
...sheriff,” said Jeff Oliver, partner at law firm Baker Botts and a former staff attorney at the Federal Trade Commission’s bureau of competition....
February 22, 2024

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