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News in-depthWar in Ukraine
Western business, the Kremlin and the war
This collection of articles explores the fallout of the war in Ukraine on Western companies operating in Russia
April 16, 2024
Pensions industry
UK pension trustees raise alarm on transferring risks offshore
...These “buyouts” — of pension plans and the assets backing them — are regarded as the gold standard for safeguarding benefits....
February 4, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Abrdn Plc
Abrdn cuts employee benefits in latest round of cost reductions
...UK asset manager Abrdn has slashed employee benefits as part of a fresh round of cost cuts, halving redundancy payouts and reducing the length of paid parental leave by about a third....
December 15, 2023
InterviewBoeing Co
Boeing’s largest union seeks seat on plane maker’s board
...He added that the union also would support a seat for the union of Boeing’s engineers, were they to pursue it....
March 25, 2024
UK local government finance
Jeremy Hunt pulls £200mn from councils after clawing back house sale funds
...The chancellor’s decision to end a policy of letting local authorities keep 100 per cent of the revenues from sales of council homes was taken as part of the deliberations for his Budget on Wednesday....
March 7, 2024
BBC
MPs hit out at BBC for cutting local radio to fund regional online services
...cuts to local radio,” said Dame Meg Hillier, chair of the committee....
April 16, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
UK local elections
UK ‘pothole crisis’ threatens Conservative party ahead of local elections
...The Asphalt Industry Alliance said: “Local authorities don’t have the funds to allow them to carry out the appropriate maintenance interventions.”...
April 16, 2024
ExplainerUK local elections
Will Rishi Sunak be crushed by the May 2 local elections?
...Colin Rallings and Michael Thrasher, local election gurus at University of Plymouth, wrote last month that the Tories could lose 500 seats if the party repeats its poor 2023 local election performance, when...
April 19, 2024
House & Home
What does ‘local’ actually mean?
...The majority of Bishopston Hardware’s stock has to come form the same kinds of national and international producers that supply larger DIY stores....
March 30, 2024
News updates from April 12: ECB keeps interest rates on hold; OJ Simpson dies aged 76
Former UK Ministry of Defence employee sentenced to prison after bribery case
...employee....
April 12, 2024
Andy Haldane
How to stop local government in England becoming a Greek tragedy
...As a condition of receiving support from the international community, the Greek government was required to sell off a number of its major assets to private investors....
April 6, 2024
Exchange traded funds
Delays to OFR funds recognition scheme leaves UK out in the cold
...into effect and passporting of EU funds into the UK could no longer continue....
April 19, 2024
Special ReportHealth at Work
UK employee health has barely improved since pandemic
...However, Colin Barnes, a director at employee benefits consultancy Aon, cautioned that many such strategies were “box ticking”....
January 23, 2024
Paul Killik
Why buying company shares has gone out of fashion
...It has failed to protect the many rights that retail investors have lost, to the benefit of the investing institutions....
April 5, 2024
LexPensions industry
Local government pension funds are not a quick fix for ailing UK growth
...The Local Government Pension Scheme has more than 6mn members. If it were a single fund, it would rank among the top 10 biggest in the world, with more than £365bn of assets....
March 3, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Undercover EconomistTim Harford
The surprising public health benefit of unemployment
...This benefit persists for at least a decade, and it is spread evenly across the age distribution although, in absolute terms, the elderly are most at risk of death and so enjoyed the largest benefit....
March 8, 2024
FirstFT
FirstFT: Joe Biden to propose big tax rises in State of the Union address
...We start today with Joe Biden’s plans for tonight’s State of the Union address....
March 7, 2024
FT News Briefing podcast13 min listen
Prime money markets funds are in trouble
...Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music....
April 12, 2024
News updates from February 22: Global stock markets hit record highs, Nvidia smashes record for one-day valuation increase
Spouse of BP employee ‘took advantage’ of remote work to insider trade — SEC
...The husband of a BP employee has been charged with insider trading after he allegedly made illegal share purchases having overheard his wife talking about a major deal while working from home....
February 22, 2024
LexThames Water
Thames Water could benefit from a spell of public ownership Premium content
...At the end of February the utility had £2.4bn of cash and committed debt facilities. On current spending, that would only take it up to about May or June next year....
April 18, 2024
Technology sector
How Kharkiv’s tech start-ups became the ultimate test of business resilience
...Of the 511 tech companies based in the city before February 2022, 500 are still operating, albeit with their engineers dispersed across Ukraine, says Olga Shapoval, the 41-year-old head of Kharkiv’s tech...
February 18, 2024
News updates from February 23: Nvidia market value briefly tops $2tn, Navalny’s mother refuses Russian ultimatum
UK to ease access to surplus funds held by defined benefit pension plans
...Analysis from The Pensions Regulator suggests that more than 3,750 of the UK’s defined benefit-style retirement plans have assets in excess of their liabilities or are in surplus. Read more here...
February 23, 2024
UK government spending
Only 10% of UK levelling up funds spent, say MPs
...Three quarters of more than 800 council applications to the first round of the Levelling Up Fund were rejected, with each bid costing an average of £30,000, according to the Local Government Association,...
March 15, 2024
UK local government finance
Soaring homelessness threatens to tip English councils into insolvency
...Jeremy Hunt, the chancellor, has committed to raising the cap on “local housing allowance”, a benefit that goes to lower-income households, in May to reflect huge increases in the cost of renting privately...
January 23, 2024
Transcript
Transcript: Iran raises the stakes with attack on Israel
...So there is already a precedent for Israel operating in Iran. Israel wouldn’t be setting a new way of doing things....
April 18, 2024

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