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Letter
Letter: Non-doms: a short-sighted ploy driven by an election
...There is an important discussion to be had about who the UK should be trying to attract and how best to go about that, but short-sighted policy fuelled by electoral desperation is no solution....
March 8, 2024
Watches & JewelleryDeconstructed Watch
Deconstructed watch: Andersen Genève Tempus Terrae
...After Andersen left to set up his own, eponymous business in 1979 he spent a decade working on ways to improve the already impressive Cottier mechanism by making it simpler and easier to use, eventually...
November 17, 2023
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
News updates from December 13: Fed signals rate cuts in 2024, BP former CEO to forfeit up to £32.4mn after ‘serious misconduct’
Entain chief executive Jette Nygaard-Andersen steps down
...Jette Nygaard-Andersen led the UK-based company through an investigation by HM Revenue & Customs into its legacy Turkish business, which earlier this month resulted in the Ladbrokes owner agreeing to pay...
December 13, 2023
Entain PLC
Gambling group Entain’s chief steps down
...Additional reporting by Maxine Kelly in London...
December 13, 2023
Canary Wharf Group PLC
Morgan Stanley to stay in Canary Wharf for another 14 years
...Morgan Stanley has agreed to stay in its Canary Wharf office for another 14 years in a big boost to the east London financial centre that has been hit by high-profile tenant departures....
April 3, 2024
Investments
Investors’ Chronicle: Hilton Food, WAG Payment Solutions, Caledonia Mining Corporation
...HOLD: Caledonia Mining Corporation (CMCL) The Zimbabwean gold miner is growing, but was buffeted by operational difficulties and higher costs, writes Alex Hamer....
April 5, 2024
FT Live
Business Book of the Year Award 2024
The search for the best business book is under way
Monday, 9 December1 Grosvenor Pl, London SW1X 7HJ, UK
FT MagazineRobert Shrimsley
40 per cent price rise? That’s our policy!
...January: cold weather, Blue Monday and the month of that time-honoured ritual of the old insurance policy renewal two-step. You know the dance....
January 26, 2024
Carlsberg AS
Carlsberg warns of further price rises as inflation continues to bite
...“We’re not seeing any let-up in the overall cost picture of the business,” said chief executive Jacob Aarup-Andersen....
February 7, 2024
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
BBC
Tim Davie calls for BBC licence fee reform
...The corporation said it was hit by a 30 per cent real-terms cut in funding between 2010 and 2020, as the licence fee failed to keep pace with inflation, prompting an aggressive cost-cutting programme that...
March 26, 2024
News in-depthEntain PLC
Gambling group Entain’s chief under pressure as activists circle
...A pandemic surge in online betting boosted Entain at the start of Nygaard-Andersen’s tenure but came to an abrupt end in 2022 and was followed by a sales warning in September this year....
December 8, 2023
UK politics
Labour promises not to raise UK corporation tax
...The major tax break, which was made permanent by the Conservative government in November, is intended to boost capital investment and is worth up to £11bn a year....
February 1, 2024
Insurance
Reinsurance costs surge after Turkey quake as industry assesses Japan fallout
...This added up to the “most challenging renewal faced by Turkish [insurers] in a generation”, the broker said....
January 2, 2024
ReviewBooks
Canoes by Maylis de Kerangal — set adrift by loss
...The author’s first collection of short stories explores similar themes of loss and renewal, human connection and our complex relationship with the past....
September 22, 2023
News updates from December 5: Moody’s cuts China’s credit outlook, Germany’s Dax closes at record high
Irish corporation tax receipts rebound in November
...However, expectations of another dizzying year — after corporation tax revenues doubled between 2020 and 2022 — look likely to be dashed....
December 5, 2023
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Ireland
Ireland rakes in €6.3bn corporation tax bonanza in November
...However, GDP is considered an unreliable measure of Ireland’s economic performance because it is so skewed by global firms based in the country....
December 5, 2023
News updates from December 14: BoE and ECB hold rates steady, ECB’s Lagarde pushes back against rate cuts expectations
Apollo, Carlyle and KKR weigh bids for Pension Insurance Corporation
...Apollo, Carlyle and KKR are studying separate bids for Pension Insurance Corporation ahead of a deadline this week, as big private capital groups look for a way into the thriving market for UK corporate...
December 14, 2023
Due Diligence
Leavin’ on a Jette plane Premium content
...She’ll be replaced on an interim basis by non-executive director Stella David. For certain investors in Entain, the UK-based gambling giant, Nygaard-Andersen has fallen short of expectations....
December 14, 2023
Janine Gibson
The BBC must not let news be the victim of reform
...Without confident and unimpeachable news output, the corporation itself has little reason to exist....
December 1, 2023
Irish economy
Ireland forecasts €8.6bn budget surplus this year
...The government believes as much as €11bn — nearly half of this year’s projected €24.5bn corporation tax haul — amounts to a “windfall” of exceptional profits paid by a small number of firms....
April 23, 2024
Inside Politics
Sunak should ditch running campaign on five pledges
...Hold on, Hunt | Jeremy Hunt has been warned by senior Conservative MPs not to create space for tax cuts by announcing “perverse” real-terms reductions to the benefits paid to the poorest in society....
November 9, 2023
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
Unilever PLC
Unilever starts search for new chair to replace Nils Andersen
...“I think the entire board is probably up for renewal,” said Bruno Monteyne, senior analyst at Bernstein. “It would be a good signal for the new CEO and chairman....
June 5, 2023
Special ReportInvesting in Peru
Peru’s prime minister on fatal protests, renewal and reform
...“The vast majority of fatal victims died of gunshot wounds caused by assault rifles and handguns.”...
October 20, 2023
Entain PLC
Entain names new chair as hunt for chief continues
...Entain said its chair Barry Gibson was stepping down later this year, to be replaced by the betting group’s interim boss Stella David, marking the latest leadership change following the exit of its chief...
April 4, 2024

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