Carol A. Wright

April 17, 2024

The mysterious Iranian ship accused of lining up the next Houthi targets

...But a video posted on an Iranian army-linked Telegram channel last month, in English, described the vessel as a “floating armoury” and insisted it had a role in combating piracy....

March 9, 2024

FT Live

Due Diligence Live

Where leaders in investment and finance meet

Letter

Letter: With LVT, there’s no need for crazy property levies

...Carol Wilcox Christchurch, Dorset...

April 19, 2024

Royal Mail

Shareholders of Royal Mail owner hit out at Křetínský’s ‘insulting’ approach

...It said it was prepared to support the “iconic business” as it transformed and rebuilt into a “modern postal operator.”Křetínský, a lawyer-turned-energy tycoon, now has until May 15 to make a formal offer...

April 19, 2024

Royal Mail

Royal Mail proposes to halve second-class deliveries

...Tina McKenzie, Federation of Small Businesses policy chair, said that Royal Mail’s plan to retain a six-day-a-week service for first class letters was a “good step in the right direction”....

April 3, 2024

Middle East conflict

Iran seizes Israel-linked container vessel

...The ship is owned by Gortal Shipping, a finance company affiliated with Zodiac Maritime, a company controlled by Israel’s Ofer family....

April 13, 2024

FT Live

Future of Asset Management Europe

New fund firm models for Europe's resurgence

Royal Mail

Heathrow executive recruited to lead Royal Mail turnaround effort

...“Royal Mail is a great British brand with a long and proud history,” she said. “Now is the time to ensure it has a successful future too.”...

April 2, 2024

News updates from April 3: Iger defeats Peltz in Disney proxy war; Eurozone inflation falls to 2.4%

Second-class deliveries would halve under Royal Mail proposals

...The ideas are suggested in the legacy mail delivery company’s submission to a review of its obligations being undertaken by Ofcom....

April 3, 2024

Angela Rayner

Police launch probe into claims Angela Rayner broke electoral law

...Dan Neidle, a tax expert, has estimated that Rayner could have been liable for a capital gains tax bill of £1,500 on the sale of the two-bedroom semi in 2015 for a profit of £48,500....

April 12, 2024

Shipping

Hedge fund takes on shipping magnates over oil tanker deal

...The transaction was meant as a solution to a deadlock between the two companies over control of Euronav....

April 11, 2024

News in-depthRoyal Mail

Robot arms and the humble postie: how Royal Mail plans to deliver

...But he added: “This is a step in the right direction.”...

April 5, 2024

Personal Finance

A mid-life inheritance: handling a painful windfall

...There’s not a project. There’s not a great difficulty to be resolved,” Peter says....

March 1, 2024

FT SeriesThe world’s best house museums

House museums #51: Frank Lloyd Wright’s home and studio

...Wright moved windows higher to create an “intimate space” around the table, says Holian, adding that dining tables became “almost a room within a room” in some of his designs....

January 20, 2024

Markets InsightWilliam Wright

The British Isa is a welcome step back to the future

...The aim is to provide a modest boost to demand for UK stocks with a small ask of those people who can most afford it....

March 14, 2024

Shipping

Somali pirates seize ship as global naval forces focus on Houthi threat

...Such groups consist of a hijacked dhow — a traditional ship in the region — which pirates use as a floating base for small attack boats....

March 12, 2024

FT Live

Africa Summit

Africa in a complex world

Wincanton PLC

CMA CGM abandons bidding for UK logistics specialist Wincanton

...The abandonment of the bid is a setback for CMA CGM’s efforts to develop a stronger logistics function to complement its core shipping business....

March 5, 2024

ExplainerMaritime accidents and safety

The Baltimore bridge disaster: what happened and who will pay?

...The insurance sector is expecting a hefty bill....

March 27, 2024

News updates from February 19: Navalny’s widow calls on Russians to ‘share her fury’; Houthis claim attack on British ship

Houthis claim ‘catastrophic’ attack on British ship

...The attack late on Sunday on the Rubymar, carrying cargo from the United Arab Emirates to Bulgaria, underlines the continuing threat from the Houthis despite a recent lull as a result of US and UK attacks...

February 19, 2024

Mergers & Acquisitions

Yodel to be sold off in latest unwinding of Barclay family interests

...YDLGP was backed by a consortium including Solano Partners, an independent investment bank, and Shift, a UK logistics provider, Yodel said....

February 13, 2024

Maritime accidents and safety

Search suspended for missing people in Baltimore bridge collapse

...The US Coast Guard said on Tuesday evening that six construction workers who went missing after a container ship destroyed part of a Baltimore bridge are now believed to be dead....

March 27, 2024

Wincanton PLC

Bidding war for Wincanton drives up UK logistics group shares

...CGM offer — to issue a firm offer....

February 29, 2024

Shamima Begum

Isis schoolgirl Shamima Begum loses bid to overturn removal of UK citizenship

...Among them was a claim that Begum, now 24 and living in Syria, would be de facto stateless....

February 23, 2024

News in-depthMiddle East

Houthis blow open murky world of ship nationality

...When Yemen’s Houthi rebels attacked a ship carrying 21,000 tonnes of fertiliser from Saudi Arabia to Bulgaria last month, they had a simple justification: they said the Rubymar was a “British ship”....

March 5, 2024

News updates from March 26: Baltimore road bridge collapses; Trump’s social media business soars in market debut

Biden says federal government will rebuild collapsed Baltimore bridge

...Joe Biden has said the US federal government will rebuild a Baltimore bridge that collapsed into the Patapsco river in the early hours of Tuesday morning, sending people and cars tumbling into the water...

March 26, 2024

Shipping

India’s navy frees ship hijacked by Somali pirates

...India’s navy has freed the crew of a hijacked ship that Somali pirates were preparing to use as a base for attacks on other vessels, in the most violent incident yet of a recent resurgence of pirate activity...

March 17, 2024

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