Paul A. Wright

April 17, 2024

Houthi movement

The mysterious Iranian ship accused of lining up the next Houthi targets

...Additional reporting by John Paul Rathbone in London...

March 9, 2024

FT Live

Due Diligence Live

Where leaders in investment and finance meet

News in-depthShipping

Shipping industry turns to high-tech wings for faster decarbonisation

...When bolted to a vessel’s decks and sitting upright, the wing, called FastRig, will act as a sail capturing the wind....

April 21, 2024

Supply chains

Mediterranean ports warn of overflowing storage yards in latest threat to supply chain

...a slowdown in vehicle sales....

April 23, 2024

News in-depthShipping

Surge in maritime violence boosts demand for private security forces

...The renewed interest marks a turnaround for a sector that had been declining over the past decade after a near-halting of attacks by Somali pirates....

April 21, 2024

Royal Mail

Shareholders of Royal Mail owner hit out at Křetínský’s ‘insulting’ approach

...It said it was prepared to support the “iconic business” as it transformed and rebuilt into a “modern postal operator.”Křetínský, a lawyer-turned-energy tycoon, now has until May 15 to make a formal offer...

April 19, 2024

FT Live

Future of Asset Management Europe

New fund firm models for Europe's resurgence

Royal Mail

Royal Mail proposes to halve second-class deliveries

...Tina McKenzie, Federation of Small Businesses policy chair, said that Royal Mail’s plan to retain a six-day-a-week service for first class letters was a “good step in the right direction”....

April 3, 2024

News updates from April 3: Iger defeats Peltz in Disney proxy war; Eurozone inflation falls to 2.4%

Second-class deliveries would halve under Royal Mail proposals

...The ideas are suggested in the legacy mail delivery company’s submission to a review of its obligations being undertaken by Ofcom....

April 3, 2024

Royal Mail

Heathrow executive recruited to lead Royal Mail turnaround effort

...“Royal Mail is a great British brand with a long and proud history,” she said. “Now is the time to ensure it has a successful future too.”...

April 2, 2024

Angela Rayner

Police launch probe into claims Angela Rayner broke electoral law

...Dan Neidle, a tax expert, has estimated that Rayner could have been liable for a capital gains tax bill of £1,500 on the sale of the two-bedroom semi in 2015 for a profit of £48,500....

April 12, 2024

Shipping

Hedge fund takes on shipping magnates over oil tanker deal

...The transaction was meant as a solution to a deadlock between the two companies over control of Euronav....

April 11, 2024

News in-depthRoyal Mail

Robot arms and the humble postie: how Royal Mail plans to deliver

...But he added: “This is a step in the right direction.”...

April 5, 2024

Middle East

Iran seizes Gulf oil tanker in new threat to Middle East shipping

...Iranian state-backed media later released a photo of armed forces abseiling from a helicopter on to a tanker’s deck....

January 11, 2024

Personal Finance

A mid-life inheritance: handling a painful windfall

...There’s not a project. There’s not a great difficulty to be resolved,” Peter says....

March 1, 2024

FT SeriesThe world’s best house museums

House museums #51: Frank Lloyd Wright’s home and studio

...Wright moved windows higher to create an “intimate space” around the table, says Holian, adding that dining tables became “almost a room within a room” in some of his designs....

January 20, 2024

FT Live

Financial Times @COP

FT Live events coinciding with COP

Shipping

Ships shun Red Sea and Suez Canal despite reduced Houthi menace

...Additional reporting by John Paul Rathbone in London...

February 12, 2024

Markets InsightWilliam Wright

The British Isa is a welcome step back to the future

...The aim is to provide a modest boost to demand for UK stocks with a small ask of those people who can most afford it....

March 14, 2024

Letter

Letter: A brilliant new economic theory

...A brilliant new economic theory! Paul BrowningOradell, NJ, US...

March 18, 2024

Shipping

Somali pirates seize ship as global naval forces focus on Houthi threat

...Such groups consist of a hijacked dhow — a traditional ship in the region — which pirates use as a floating base for small attack boats....

March 12, 2024

ExplainerMaritime accidents and safety

The Baltimore bridge disaster: what happened and who will pay?

...The insurance sector is expecting a hefty bill....

March 27, 2024

Wincanton PLC

CMA CGM abandons bidding for UK logistics specialist Wincanton

...The abandonment of the bid is a setback for CMA CGM’s efforts to develop a stronger logistics function to complement its core shipping business....

March 5, 2024

Mergers & Acquisitions

Yodel to be sold off in latest unwinding of Barclay family interests

...YDLGP was backed by a consortium including Solano Partners, an independent investment bank, and Shift, a UK logistics provider, Yodel said....

February 13, 2024

News updates from February 19: Navalny’s widow calls on Russians to ‘share her fury’; Houthis claim attack on British ship

Houthis claim ‘catastrophic’ attack on British ship

...The attack late on Sunday on the Rubymar, carrying cargo from the United Arab Emirates to Bulgaria, underlines the continuing threat from the Houthis despite a recent lull as a result of US and UK attacks...

February 19, 2024

Letter

Letter: UK cost of borrowing is higher for a reason

...J Paul Horne Alexandria, VA, US...

March 25, 2024

Wincanton PLC

Bidding war for Wincanton drives up UK logistics group shares

...CGM offer — to issue a firm offer....

February 29, 2024

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