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The National Lottery
New National Lottery operator braced for drop in revenues
...The incoming UK National Lottery operator is bracing for a decline in sales in its first year of operations, threatening a reduction in charitable funding, according to internal projections....
January 24, 2024
Chinese business & finance
China fires starting gun on $140bn debt sale to boost economy
...The People’s Bank of China has asked brokers for advice on pricing the sale of the first batch of the sovereign bonds, according to two people who received requests....
May 13, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Société Générale
Société Générale to become first big bank to list a stablecoin
...Société Générale is set to launch its own stablecoin on a cryptocurrency exchange, becoming the first big bank to offer digital tokens tracking the price of hard currencies to a wide range of investors....
December 6, 2023
Scottish politics
John Swinney elected first minister of Scotland
...Veteran Scottish National party politician John Swinney was elected Scotland’s first minister in a parliamentary ballot following the formal resignation of Humza Yousaf earlier on Tuesday....
May 7, 2024
Scottish National Party
John Swinney appointed new leader of Scottish National party
...Veteran politician John Swinney is poised to become Scotland’s first minister this week after being appointed leader of the Scottish National party....
May 6, 2024
Scottish politics
John Swinney set to become first minister of Scotland
...Veteran politician John Swinney is on course to become the head of the Scottish National party and the next first minister of Scotland after his main challenger Kate Forbes said she would not enter the race...
May 2, 2024
FT Live
The Impact Of Gen AI On The Legal Sector
How are law firms leveraging technology to transform services and operations?
Tuesday, 11 JuneDigital Conference
ExplainerScottish National Party
Who will replace Humza Yousaf as Scotland’s first minister?
...Humza Yousaf’s resignation on Monday as Scotland’s first minister came less than a week after he ended a power-sharing deal between his Scottish National party and the Scottish Greens....
April 29, 2024
FT News Briefing podcast11 min listen
Bank of Japan ditches negative rates
...Microsoft has hired the co-founder of Google’s DeepMind, the Bank of Japan raised interest rates for the first time since 2007, and leading European and UK artificial intelligence start-ups have been lobbied...
March 20, 2024
Mortgages
UK mortgage demand returns to growth in first quarter
...survey of banks and building societies....
April 11, 2024
UK immigration
Sunak’s Rwanda asylum scheme could cost UK £580mn, watchdog warns
...The report provides the first complete breakdown of the costs of the scheme....
March 1, 2024
Banking & Savings
Latest National Savings & Investments rates
...Check the latest interest rates on National Savings & Investments accounts. See our coverage of the latest savings and investment issues....
May 10, 2024
Exchange traded funds
China ‘national team’ ETF buying reaches $57bn this year, says UBS
...national team buying”....
March 4, 2024
US banks
Loan growth stalls at largest US banks
...The largest US banks lent billions of dollars less in the first quarter, in a sign that corporate borrowers are paying down debt as interest rates hover at historically high levels....
April 16, 2024
The Week Ahead
Opening arguments begin in Trump trial
...FY, SAP Q1, Ten Lifestyle Group HY, Verizon Communications Q1 Tuesday Bank of England chief economist Huw Pill speaks at the London campus of the University of Chicago, Booth School of Business EU, France...
April 21, 2024
News updates from February 7: Netanyahu rejects Hamas ceasefire demand, Disney unveils $3bn buyback
Ross McEwan to step down as chief of National Australia Bank
...Former Royal Bank of Scotland head Ross McEwan will stand down in April as chief executive of National Australia Bank, the country’s third-largest lender....
February 6, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
News updates from May 10: US says Israel’s use of its arms may have violated humanitarian law; Jim Simons dies
UK exits recession with 0.6% first-quarter growth
...Friday’s Office for National Statistics figure for quarter-on-quarter growth compared with the 0.4 per cent forecast by both the Bank of England and economists polled by Reuters....
May 10, 2024
David Pilling
The ANC treats Anglo American as both national champion and national piñata
...Imagine making an offer on a house but only on condition that the owners demolish part of it first....
May 6, 2024
Bank of England
Poor labour market data causes problems for Bank of England
...Yawning gaps in the UK’s labour market data are making it much harder to tell how fast inflationary pressures will recede, Bank of England governor Andrew Bailey said on Thursday as he acknowledged splits...
May 9, 2024
FT SeriesTen ways to feel good in 2024
Six standout smart bikes
.... £3,990, technogym.com Best turbo trainer with “real ride” feel: Wahoo Kickr Move The brand’s seventh iteration of its flagship turbo trainer introduces a new innovation – eight inches of motion on a...
January 12, 2024
War in Ukraine
US brings war crimes charges against 4 Russian soldiers
...The US Department of Justice has charged four Russian soldiers with war crimes for torturing an American national in Ukraine, the first indictment of its kind brought under US law....
December 6, 2023
Person in the News
Indhu Rubasingham: the National Theatre’s new artistic director takes centre stage
...Rubasingham may be the NT’s first female artistic director and the first person of colour in the role but she owes her appointment to her own track record....
December 16, 2023
South Africa
Burning flag advert divides South Africa ahead of pivotal national vote
...The 33-second advert, first aired on Sunday, shows the flaming paper flag as a voiceover warned that the governing African National Congress would be forced into a post-election deal with two radical parties...
May 8, 2024
Currencies
Sky-high inflation forces Argentina to circulate first 10,000-peso notes
...Argentina’s central bank has put the country’s first 10,000-peso notes into circulation, in a long-awaited step to streamline the nation’s cumbersome use of large heaps of cash following the collapse of...
May 7, 2024
Poland
Poland’s central bank turns to ECB in spat with Tusk
...Glapiński is a member of the ECB’s general council along with all heads of EU national central banks....
December 4, 2023
News updates from May 2: Apple’s revenue hit by falling China sales; Gazprom plunges to $7bn loss
Scottish National party’s John Swinney announces bid for leadership
...The Scottish National party’s John Swinney has launched a bid for the leadership of the SNP and first minister of the Scottish government....
May 2, 2024

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