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Fund management
Somerset Capital Management to wind down after client losses
...Somerset Capital Management, the boutique fund manager co-founded by Tory MP Sir Jacob Rees-Mogg, is to wind down after large client redemptions made the business unsustainable....
December 7, 2023
Fund management
Somerset Capital Management hit by loss of its largest client
...The three had previously worked together at Lloyd George Management, an emerging markets fund manager....
December 2, 2023
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Jacob Rothschild
Jacob Rothschild, British financier, dies aged 87
...“Sad to hear the news about Jacob Rothschild — he made the very most of the privilege he was born into, contributing hugely to the cultural and commercial life of Britain,” George Osborne, former UK chancellor...
February 26, 2024
Transcript
Transcript: Culture chat — ‘3 Body Problem’, Netflix’s next big swing
...Joining me in London is our Work & Careers journalist, Emma Jacobs. She often writes about television for the FT....
March 22, 2024
Unhedged podcast15 min listen
Shopify vs Amazon
...However, it has still grown into an e-commerce site that handled more than $235 billion in transactions last year....
April 11, 2024
Bank of England
Divided Bank of England faces political heat over calls for rate cuts
...“I think the Bank ought to have cut rates already,” said Sir Jacob Rees-Mogg, a former Tory cabinet minister. “It was slow in the way up and is repeating its error on the way down.”...
April 27, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Investing in funds
JPMorgan blames JPMorgan for suppressed volatility
...That said, once the strategies’ delta goes to ~1 (i.e., call delta to zero), dealers would no longer be suppressing volatility / buying on the move lower via their long gamma hedging....
March 20, 2024
Renewable energy
Wall Street turns to ‘solar grazing’ sheep in its push to go green
Big business teams up with ranchers to trim around solar panels and win over local communities
April 10, 2024
Wellbeing and fitness
Professionals find their competitive streak in group fitness challenges
...Like Murray, George Heaton — whose hair is cropped short and who is wearing a hoodie from his clothing company, Represent — believes fitness is part of his brand as an entrepreneur, regularly posting pictures...
February 11, 2024
Brexit
UK quietly drops Brexit law to return to imperial measurements
...Jacob Rees-Mogg, former business secretary, said the decision not to expand the use of traditional British measurements — such as gallons, pints, pounds and ounces — was regrettable....
December 27, 2023
Media
UK media watchdog to investigate GB News over Sunak Q&A
...Two programmes presented by former business secretary Sir Jacob Rees-Mogg are currently being investigated, along with others presented by former pensions minister Esther McVey and backbencher Philip Davies...
February 19, 2024
News in-depthMedia
How GB News became the pulpit of rightwing politics in Britain
...Ofcom found five such breaches from shows presented by Tory MPs such as Sir Jacob Rees-Mogg, Esther McVey and her husband, Philip Davies....
March 23, 2024
News in-depthUK tax
Hunt’s Budget dilemma: play it safe or be ‘bold’ to save Tory seats
...Sir Jacob Rees-Mogg, a former cabinet minister, said the key Budget test for him was whether he could envisage shadow chancellor Rachel Reeves delivering it....
March 5, 2024
Transcript
Transcript: Prime ministers’ legacies — Sunak, Truss and Brown
...I think she said we weren’t pure capital-E establishment, more of what you called a “flying buttress” to it....
April 19, 2024
News in-depthUK Budget 2024
Hunt urged not to put ‘politics ahead of economics’ as he eyes Labour policies
...“I always think putting politics ahead of economics is a bad idea,” former cabinet minister Sir Jacob Rees-Mogg told the FT....
February 29, 2024
FT Live
Diversity in Finance Awards 2024
Celebrating diversity, inclusion and equality in the financial services sector.
Thursday, 20 June44 Grosvenor Square, London W1K 2HP, UK
Conservative Party UK
Sunak braced for further rightwing rebellion after resignation call
...His predecessor Liz Truss and former cabinet ministers Sir Jacob Rees-Mogg and Ranil Jayawardena will launch the “Popular Conservatives” — a movement already dubbed the PopCons — on February 6....
January 24, 2024
UK economy
Senior Tories ‘trying to escape reality’ over attack on OBR forecasts
...The letter to Hunt was organised by the Conservative Way Forward group and signed by senior Tories including former cabinet ministers Dame Priti Patel, Sir Jacob Rees-Mogg and Sir Iain Duncan Smith....
January 7, 2024
UK public policy
UK to ban disposable vapes as Sunak warns of ‘endemic’ impact on youth
...In the year to the end of July, £1.3bn worth of disposable e-cigarettes were sold in Britain, according to NielsenIQ data....
January 28, 2024
UK immigration
Tory deputy chairs quit over Rwanda bill as Sunak suffers big rebellion
...There were 60 Tory rebels, including Jacob Rees-Mogg and Miriam Cates, who recorded the votes but did not cast ballots. The rebels also included Jane Stevenson, who quit as a ministerial aide....
January 16, 2024
UK crime
India’s business elite sounds alarm over Rolex thefts in Mayfair
...Police have reported a spate of mobile phone and watch snatching carried out by moped and e-bike gangs....
February 6, 2024
UK tax
Hunt predicted to win multibillion-pound boost for tax cuts
...This month, Sir Jacob Rees-Mogg, former cabinet minister, called for the OBR to be abolished, while Tory MPs in the Conservative Way Forward group criticised the accuracy of the body’s forecasts....
January 19, 2024
Emma Jacobs
Oh no, not more tech stuff!
...emma.jacobs@ft.com...
September 15, 2023
Political Fix podcast20 min listen
Political Fix presents: How to survive the office Christmas party
...Isabel Berwick speaks to FT columnist and veteran party-goer Stephen Bush, author and comedian Viv Groskop and party-shy FT columnist Emma Jacobs to find out....
December 28, 2023
News in-depthUK politics
Rishi Sunak ends year stuck between warring wings of UK Tory party
...Last year former minister Jacob Rees-Mogg called Sunak “a socialist”....
December 15, 2023
GB News
GB News owner pumps in further £41mn in funding as losses widen
...The group also pays high wages to several current and former Conservative politicians, such as Sir Jacob Rees-Mogg....
March 5, 2024

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