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News updates from February 1: Meta announces first ever dividend, Bank of England holds interest rates
UK Labour party promises to cap corporation tax at 25%
...Rachel Reeves, the UK’s shadow chancellor, has promised no rise in corporation tax from its current rate of 25 per cent under a Labour government if the party wins the general election later this year....
February 1, 2024
City of London
Gove pauses City of London plan to demolish old Museum of London
...A contentious plan to demolish the former Museum of London to make way for new offices has been placed on hold by Michael Gove, even as the City of London backed the scheme....
April 17, 2024
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
Antibiotic resistance
EU approves new antibiotic to tackle rise of superbugs
...“[This means] the return on investment for antibacterials is much lower than other types of drug development.”...
April 22, 2024
Medical science
Brain organoids target rare neurological disorder
...“The development of models that can better replicate human diseases and accurately predict human responses promises to improve the outcomes of drug-development programmes,” said Silvia Velasco, an associate...
April 24, 2024
UK politics
Labour promises not to raise UK corporation tax
...Alongside the freeze on corporation tax, Reeves announced a Labour government would keep the “full expensing” regime....
February 1, 2024
Inter-American Development Bank
Latin American development bank to ramp up lending after reforms
...Latin America’s biggest development bank plans to increase lending by about $112bn over the next decade, pushing up annual loans by almost half following an increase to its firepower and internal reforms...
March 10, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
News updates from April 15: US retail sales rise more than expected; Yen falls below ¥154 per dollar
Apple’s iPhone shipments decline 9.6% in first quarter, says IDC report
...Apple’s global iPhone shipments declined 9.6 per cent in the first three months of 2024 compared with the same period in 2023, according to a report from the International Data Corporation....
April 15, 2024
City of London
City of London promises flexibility in drive to entice big companies
...’s approach to planning, reducing developments’ environmental impact....
February 15, 2024
Ireland
Ireland rakes in €6.3bn corporation tax bonanza in November
...The focus should not be on this month’s receipts in any case, it should be on sticking to a sustainable path overall, ignoring volatile developments in corporation tax.”...
December 5, 2023
FT SeriesBritain’s infrastructure impasse
Gove’s plan for thousands of Cambridge homes at risk from lack of water
...The secretary for housing and levelling up announced plans to develop a new science quarter in Cambridge last December via a new, top-down development corporation armed with the “right leadership and . ....
January 27, 2024
Irish economy
Ireland forecasts €8.6bn budget surplus this year
...In a spring economic update on Tuesday, Michael McGrath, finance minister, said Ireland’s economy was “in reasonably good shape”....
April 23, 2024
ReviewBusiness books
The Corporation and the Twentieth Century — a history of US business
...By the early 20th century, control of these corporations was beginning to shift away from the founder or their descendants....
November 27, 2023
Drugs research
UK dementia adviser wants half a million volunteers for clinical trials
...“It will encourage them to make sure the medicines are available here and it’s a route for people to get tested with the new medicines in development.”...
March 20, 2024
Apple Inc
Apple loses smartphone crown to Samsung as Chinese rivals gain ground
...Samsung regained its position as the world’s largest smartphone maker by volume in the first quarter, according to market researcher International Data Corporation, just three months after Apple claimed...
April 15, 2024
Scientific research
AI explores ‘dark genome’ to shed light on cancer growth
...“They end up being clustered around genes that are altered in cancer in a variety of different ways, providing the first glimpse that these sequences may be key to tumour development,” he said....
March 13, 2024
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
News in-depthUK Budget 2024
SMEs eye Budget boost as they battle rising costs and labour shortages
...After what Phipson called a “ticker tape of announcements”, including “26 changes in corporation tax since 2019”, the directors of three companies from the hospitality, manufacturing and recruitment sectors...
March 5, 2024
Drugs research
Diabetes drug offers hope to Parkinson’s sufferers
Patients who took Sanofi’s lixisenatide experienced no worsening of motor symptoms
April 3, 2024
Scientific research
‘Shrinking’ talent pool threatens health progress, warns science chief
New Pasteur Institute head highlights risks posed by shortages of money, staff and political goodwill
March 3, 2024
UK business
Barclays boss calls for UK economic development agency
...Venkatakrishnan said a non-partisan development agency could help avoid concerns over “who gets the credit” for policies....
January 16, 2024
Peter Higgs
Peter Higgs, physicist who unlocked mysteries of the universe, dies aged 94
...“The development of this theory was a massive conceptual leap from a brilliant mind.”...
April 9, 2024
AstraZeneca PLC
AstraZeneca ties up with AI biologics company to develop cancer drug
...AstraZeneca has signed a deal worth up to $247mn with Absci Corporation of the US to design an antibody to fight cancer, the latest tie-up in fast-expanding efforts to use artificial intelligence for drug...
December 3, 2023
FT Swamp Notes
Power, productivity and how our system works Premium content
...We truly have a market system that has been captured by large corporations, something that I experience nearly every day in my own working life....
April 22, 2024
Michael Strain
Protectionism is running amok in the US
...It was once the largest corporation in the world, and its plants lined the banks of Pennsylvania’s Monongahela River. The closure of those plants was lamented in a song by Bruce Springsteen....
March 18, 2024
European Organization for Nuclear Research
Succession race begins to lead Cern ‘god particle’ research project
...The role of Einstein’s general theory of relativity in the development of the Global Positioning System that had revolutionised navigation was a “great example”, he said....
April 2, 2024
Transcript
Transcript: EU takes on fake news ahead of elections
...For example, not so long ago, he said Brazilian companies need to agree with the Brazilian government’s development thinking, that’s what we want....
April 1, 2024

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