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Bertelsmann SE & Co KGaA
Bertelsmann would consider deal to expand music business BMG, says chief
...“We’ve seen a number of financial institutional investors who put a lot of money into music rights and didn’t make returns because a) they didn’t know the business particularly well and b) they overpaid....
March 26, 2024
Transcript
Transcript: Formula One’s road map to success
...Here to talk to me about that is the FT’s Sam Agini. Hey, Sam. Sam AginiHi. It’s great to be here. Marc FilippinoIt’s good to have you. So, who or what is behind this new strategy in F1?...
March 1, 2024
FT Live
Future of AI
Igniting a new era of innovation and investment
Wednesday, 6 NovemberLondon. UK
News in-depthBank of England
BoE prepares for ‘once in a generation’ overhaul in forecasting
...“Publishing a rate path will help to anchor both the policy debate inside the bank and expectations outside the bank on what really matters — the appropriate path of interest rates,” said Richard Barwell...
April 2, 2024
Letter
Letter: End Thames Water woes by creating customer-owned utility
...For example, Class B shares would be transferred when a property is sold....
April 4, 2024
FirstFT
FirstFT: Elon Musk sues Sam Altman and OpenAI over Microsoft partnership
...Apple and AI: After parking its electric vehicle ambitions this week to switch resources into AI projects, Apple needs to act quickly, writes Richard Waters. 3....
March 1, 2024
News in-depthMicrosoft Corp
OpenAI turmoil exposes threat to Microsoft’s investment
...His closeness with OpenAI chief Sam Altman, underlined when Nadella turned up on stage at the AI start-up’s developer day earlier this month, has also highlighted how much he has personally riding on the...
November 24, 2023
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
News updates from January 23: Turkey votes for Sweden’s Nato bid, Netflix adds 13mn new subscribers
UK government is exposing itself to fiscal risks, OBR says
...Richard Hughes, the head of the Office for Budget Responsibility, said the £13bn headroom against the Treasury’s key debt-reduction rule contained in the latest forecasts was heavily exposed to changing...
January 23, 2024
News in-depthUK Budget 2024
Chancellor struggles to find headroom for big giveaways
...There have also been tensions between the OBR and the Treasury, not least when Richard Hughes, chair of the watchdog, said in January that Hunt’s spending plans for after the election were beyond “fiction...
March 4, 2024
OpenAI
OpenAI directors in talks with Sam Altman on rejoining board
...OpenAI’s directors are in talks with Sam Altman to allow him to rejoin the board, four days after their decision to sack him plunged the generative artificial intelligence start-up into turmoil....
November 22, 2023
War in Ukraine
Ukraine funding critical for allies’ own security, Zelenskyy warns
...that they can strike a deal on February 1 to allocate €50bn of fresh funding to Ukraine, either through concessions to Hungary that would allow the use of the bloc’s shared budget, or an off-budget “plan B”...
January 16, 2024
InterviewTheatre
Sam Mendes on the ‘absurdity, heroism and beauty’ of making theatre
...When Sam Mendes directed Jez Butterworth’s magnificent The Ferryman, set on a farm in Northern Ireland, it wasn’t the live goose that gave him trouble — nor the baby, the small children, the huge cast or...
November 30, 2023
UK Budget 2024
Hunt has ‘tiny’ margin for error against fiscal rules, says watchdog
...Richard Hughes, chair of the Office for Budget Responsibility, said the £13bn budget headroom forecast in November was heavily exposed to changing assumptions on interest rates as well as data revisions....
January 23, 2024
News in-depthPolitical espionage
Europe kicked out Putin’s spies. Now they’re back
...Sir Richard Moore, the head of MI6, has said similar. “There are many Russians today who are silently appalled,” he said last year. “Our door is always open.”...
March 6, 2024
Transcript
Transcript: Big tech continues to rock
...Thanks, Richard. Richard Waters Well, it’s a pleasure....
February 2, 2024
UK public finances
Hunt’s UK tax cut hopes dented by new Treasury analysis
...Richard Hughes, OBR chair, said this week that the £13bn estimate in November was a “tiny” amount, given the huge uncertainty around such analysis and incoming borrowing data....
January 25, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Julius Baer Gruppe AG
Julius Baer chief executive and board member to leave over Signa exposure
...Richard Campbell-Breeden, another director, is expected to be named vice-chair of the board and support chair Romeo Lacher....
January 31, 2024
News in-depthOpenAI
OpenAI schism leads to Sam Altman’s ousting — and an opening to rivals
...The San Francisco-based company behind ChatGPT shocked the tech world with the abrupt announcement that it had forced out chief executive Sam Altman, who had become the public face of AI since the launch...
November 18, 2023
UK Budget 2024
Hunt struggles to find Budget goodies as he faces fiscal ‘headlock’
...His spending plans are already deemed unrealistically tight by economists and the OBR’s head Richard Hughes described them as beyond “fiction”, because the government had not said how they could be achieved...
February 27, 2024
Richard Waters
OpenAI’s business ambitions need a rethink
...richard.waters@ft.com...
November 27, 2023
UK tax
Budget giveaways will still leave UK households facing hefty tax rises, think-tank warns
...Richard Hughes, the chair of the OBR, has criticised the lack of detail underpinning those spending assumptions....
February 21, 2024
UK Budget 2024
IMF warns Hunt against UK tax cuts
...Richard Hughes, chair of the OBR — the government’s official fiscal watchdog — has said the £13bn Budget headroom forecast in Hunt’s Autumn Statement in November is heavily exposed to changing assumptions...
January 30, 2024
HTSI
How to look like a maestro
...lamp, €380, vntg.com Berluti leather Gaspard Galet Oxford shoes, £1,890 Marla Aaron gold Number 6 charm, £1,320, farfetch.com Brunello Cucinelli cotton poplin tuxedo shirt, £780, mrporter.com 1960s Sam...
February 23, 2024
UK government spending
Next UK government faces historic challenge to curb debt, report finds
...Richard Hughes, chair of the Office for Budget Responsibility — the government’s official fiscal watchdog — told peers on Tuesday that the £13bn budget headroom forecast in Hunt’s Autumn Statement in November...
January 24, 2024
The Big Read
The hard Budget choices facing a cash-strapped UK
...Given the target rolls forward every year, it has been disparagingly dubbed a “mañana rule” by Richard Hughes, the head of the Office for Budget Responsibility, which provides independent scrutiny of government...
February 29, 2024
News in-depthSam Altman
The Sam Altman effect: ‘His superpower is getting people onside’
...Additional reporting by Richard Waters...
November 21, 2023

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