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Telecoms
Two died after UK shift from analogue to digital phone lines
...The Department of Health and Social Care last year estimated that 1.8mn people used telecare services in the UK....
April 26, 2024
Ian Smith
Nationwide deal shows UK mutuals are back on the front foot
...The combination would “bring the benefits of fairer banking and mutual ownership to more people in the UK”, said chief executive Debbie Crosbie....
March 18, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Property sector
Kazakh oligarch Timur Kulibayev sells Mayfair mansion for £35mn
...After a UK government crackdown on transparency over property ownership, records showed that Kulibayev last year registered as the owner of Merix International Ventures, a British Virgin Islands entity that...
May 9, 2024
Labour Party UK
Tired Labour staffers chafe at holiday restrictions as election looms
...“People are still entitled to leave, but generally there are parts of people’s lives that will have to wait until after the election,” McFadden told the Financial Times....
May 10, 2024
Style
Inside the closets of the ultra-rich
...People want that feeling at home, too.” Designers, by the way, aren’t immune to the charms of a dressing room of one’s own....
May 4, 2024
News updates from May 2: Apple’s revenue hit by falling China sales; Gazprom plunges to $7bn loss
Jeremiah Manele elected as prime minister of the Solomon Islands
...Jeremiah Manele has been elected prime minister of the Solomon Islands as the archipelago looks to reset after a tumultuous era under its charismatic former leader Manasseh Sogavare, who forged closer ties...
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
News updates from March 21: US accuses Apple of building a smartphone monopoly; Reddit soars in New York IPO
Nationwide agrees £2.9bn deal for Virgin Money
...The mutual will pay 220p per share for the challenger bank, in a combination that the companies say will create the second-largest provider of mortgages and savings in the UK....
March 21, 2024
News updates from April 3: Iger defeats Peltz in Disney proxy war; Eurozone inflation falls to 2.4%
Virgin Atlantic forecasts a return to profit for first time since pandemic
...The airline, which is majority owned by Sir Richard Branson’s Virgin Group, on Wednesday said it had seen “sustained consumer demand” for flying on its network of long-haul flights....
April 3, 2024
Travel
Cocos Islands: Australia’s little-known tropical idyll
...Unless you have a yacht and a lot of time, or your own plane, the only way to the Cocos (Keeling) Islands is a twice-weekly Virgin flight out of Perth in Western Australia....
April 6, 2024
Virgin Atlantic Airways Ltd
Virgin Atlantic to return to profit this year amid Caribbean holiday boom
...The Virgin Group owns 51 per cent of the airline, while the remaining 49 per cent is held by US carrier Delta Air Lines....
April 3, 2024
News updates from March 7: Sweden joins Nato; Powell says Fed ‘not far’ from having confidence to cut rates
Nationwide agrees terms for £2.9bn Virgin Money acquisition
...The combined group would have total assets of £366bn....
March 7, 2024
ReviewNon-Fiction
On This Holy Island: A Modern Pilgrimage Across Britain — travelling deeper, not further
..., a tiny village known as “England’s Nazareth” where the Virgin Mary is said to have appeared in 1061....
March 29, 2024
Nationwide Building Society
Crosbie puts Nationwide’s reputation on the line with Virgin Money bet
...Gadhia, the co-founder of Virgin Money, is a backer of the deal, saying she was “really pleased” that Nationwide’s values “align with its [Virgin Money’s] original values of being really customer-focused...
March 24, 2024
UK banks
Nationwide to buy Virgin Money for £2.9bn
...Under the terms of the transaction, Nationwide will pay 218p in cash for each share of Virgin Money and a final dividend of 2p, the companies said on Thursday....
March 21, 2024
Nationwide Building Society
Nationwide agrees to buy Virgin Money for £2.9bn
...The building society said it did not plan to “make any material changes to the size of the Virgin Money employee base in the near term”. Virgin Money employs about 7,300 people....
March 7, 2024
FT Live
Future of the Car 2025
The leading gathering for the automotive industry
Tuesday, 13 May 2025Sancroft, Paternoster Square, London EC4M 7DQ, UK
LexNationwide Building Society
Nationwide shows challenger banks’ failure with cut-price bid for Virgin Money Premium content
...With a cost of equity in the teens, Virgin Money was destroying shareholder value. Even with the 35 per cent jump in the shares on Thursday, the stock price has crab walked sideways for five years....
March 7, 2024
News updates from September 26: US launches Amazon lawsuit, JPMorgan to settle Epstein lawsuits
JPMorgan to settle Epstein lawsuits with US Virgin Islands and Jes Staley
...JPMorgan Chase said on Tuesday it had agreed settlements with the US Virgin Islands and Jes Staley to resolve legal battles over its dealings with Jeffrey Epstein’s human trafficking operation....
September 26, 2023
Travelista
Four new feelgood island escapes
...There’s a common pantry for help-yourself snacking on fresh fruit grown on the estate, which doubles as the breakfast space and the site of buzzy sustainable-sushi dinners, for which people come from island-wide...
April 21, 2024
Lucy Lethbridge
Tax the tourists — and that means all of us
...Tourism has always had a built-in problem with other people: the crowds spoil the view....
May 4, 2024
Working from home
The rise of the supercommuter
...“The whole ‘Willies’ culture [work in London, live in Edinburgh] has been there for years and lots of people do it given the importance of London for finance.”...
March 31, 2024
ReviewArts
Intrigue: To Catch a Scorpion podcast review — on the trail of the people smugglers
...Their aim is to track down Barzan Majeed, who goes by the code name of Scorpion and who is head of a gang of international people smugglers....
May 6, 2024
Zeinab Badawi
What the people of Sudan need from us
...The long-beleaguered people of Darfur, where the majority of provinces are in the hands of the RSF, have borne a particularly brutal burden. Reports of ethnic cleansing are grimly credible....
April 17, 2024
Solomon Islands
Solomon Islands elects former diplomat who signed China security pact as PM
...The Solomon Islands has picked former top diplomat Jeremiah Manele as its next prime minister, in what analysts said could herald a shift towards the Pacific island country’s traditional western allies after...
May 2, 2024
Letter
Letter: Let’s see if the law deters the people smugglers
...You suggest that those who hold democracy dear should hope that the Safety of Rwanda Act will be shot down by the courts (FT View, April 24)....
April 29, 2024
Solomon Islands
China’s Pacific influence under scrutiny as Solomon Islands votes
...Sogavare has touted the deal on the campaign trail as having “put Solomon Islands on the map”. He has also praised China’s system of government and questioned the merits of democratic values....
April 17, 2024

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