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HS2
Cost of London-to-Birmingham leg of HS2 jumps by a fifth to £54bn
...The state-funded organisation running the project is without a chief executive after Mark Thurston resigned after six years in the job in July....
October 12, 2023
News updates from March 1: Nvidia closes above $2tn valuation, Gunvor to plead guilty to US bribery charges
Marks and Spencer wins legal challenge against UK government
...In a ruling handed down on Friday, the court said that the decision by the UK secretary of state for levelling up, housing and communities was unlawful....
March 1, 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
Metropolitan Police Service UK
Met police chief under pressure over handling of pro-Palestine protests in UK
...“The home secretary will undoubtedly hold Sir Mark, the Metropolitan Police commissioner, to account for what happened,” he said....
April 22, 2024
Marks & Spencer Group PLC
M&S wins legal challenge against government over Oxford Street store
...Marks and Spencer has won a legal challenge in the High Court against Michael Gove’s decision to stop the retailer from knocking down its Art Deco flagship store on London’s Oxford Street....
March 1, 2024
Equities
Small stocks, big problems
...Those days, like my 32-inch waist, are sadly long in the rear-view mirror. Today, the index ROIC is struggling to hang on in the 3-4% range....
April 17, 2024
War in Ukraine
US and UK launch crackdown on Russian metals trade
...The action, announced by the two countries on Friday, marks an aggressive effort by the allies to damage Russia’s income — but could disrupt trading at exchanges including the London Metal Exchange and Chicago...
April 12, 2024
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
James Max
Rich People’s Problems: Should I be clothes shopping in the sales?
...You’re better off going to the revitalised M&S and getting a pair for £25. Did I just say that? However, despite the renaissance at M&S, its own branded shirts are still terrible....
January 25, 2024
UK Covid inquiry
Sunak faces testing UK Covid inquiry grilling
...In a message to Sir Mark Sedwill, cabinet secretary between 2018 and 2020, Hancock warned the scheme was causing “serious” problems and argued “very strongly” against extending it....
December 10, 2023
Marks & Spencer Group PLC
M&S takes UK to High Court over blocked rebuild of London flagship
...M&S said the communities secretary had “wrongly interpreted” planning policy, announcing on Thursday that it was seeking leave to bring a judicial review....
August 31, 2023
Due Diligence
Tiger Global readies for new private bets Premium content
...It’s no coincidence that the S&P 500 is also having a stellar run....
March 1, 2024
Helen Thomas
M&S has a point: blocking redevelopment on Oxford Street is anti-business
...But that is what the secretary of state for levelling up, housing and communities, one Gove, seemed to do last week in blocking a proposal from Marks and Spencer to redevelop its store near Marble Arch....
July 26, 2023
The Week Ahead
Pakistan elections, peak earnings season and lunar new year
...Celebrations will ring out across Asia and beyond this Saturday with the beginning of the next lunar year — the year of the dragon for most countries that mark the occasion....
February 4, 2024
Stuart Kirk
The festive case for faith-based investing
...stuart.kirk@ft.com Letter in response to this article: What Mark Twain said about property’s appeal / From Carol Wilcox, Secretary, Labour Land Campaign, Christchurch, Dorset, UK...
December 22, 2023
FirstFT
FirstFT: New York court releases Jeffrey Epstein documents
...Economic data: S&P Global publishes US services purchasing managers’ indices and we also get November jobless claims from private sector payroll services provider ADP....
January 4, 2024
UK politics
M&S attacks ‘pathetic’ decision to block redevelopment of Oxford Street site
...Marks and Spencer has accused Michael Gove of being “anti-business” and said it would review its future on London’s Oxford Street after the communities secretary blocked plans to rebuild its Art Deco flagship...
July 20, 2023
FT Live
The Global Boardroom: 8th Edition
FT journalists in conversation with leaders in business and government
Wednesday, 4 DecemberDigital Conference
US interest rates
Wavering investors come around to Fed’s outlook on interest rates
...Despite the shifting expectations markets remain unruffled, with the S&P 500 hitting a fresh high earlier this month....
February 22, 2024
FirstFT
FirstFT: US companies dive into convertible debt
...Issuance of convertible debt climbed 77 per cent last year to $48bn, according to data from LSEG, making it one of the only areas of capital markets to return to pre-pandemic averages after 2022’s market...
January 3, 2024
The Big Read
The battle over M&S Oxford Street and construction’s carbon footprint
...Arch rivals “The Arch”, a store that M&S’s venerated former chair Simon Marks once regularly patrolled to ensure standards were being upheld, might at first seem an unlikely vehicle for the hopes of the...
July 16, 2023
UK politics
Sunak faces by-elections test as MPs return to Westminster
...Louise Haigh, shadow transport secretary, insisted the cancellation of HS2’s northern leg was “the exact opposite of the levelling up we were promised” and a sign of “chaos” in Sunak’s government....
October 15, 2023
FirstFT
FirstFT: Sam Altman returns
...Bets against technology, healthcare and consumer discretionary stocks were among the most costly for hedge funds, S3’s data shows....
November 22, 2023
FT Magazine
‘Not one inch’: unpicking Putin’s deadly obsession with the details of history
...He insisted that the Secretary of State cease using such phrasing....
February 17, 2023
War in Ukraine
UK sanctions oil trader Paramount and others over Russia ties
...The move to target a Dubai-based oil trader marks an escalation of the UK’s sanctions regime at a time when the G7’s price cap on Russian oil has become less effective....
November 8, 2023
FirstFT
FirstFT: Chinese manufacturing activity contracts in sign of economy losing steam
...A reading below 50 marks contraction from the previous month....
November 30, 2023
Conservative Party UK
Sunak under fire over plan to slash HS2 rail line
...But Mark Serwotka, general secretary of the Public and Commercial Services union, said shrinking “an already overstretched and under-resourced” civil service would inevitably result in cuts to vital services...
October 2, 2023
News in-depthUK retail industry
Can London’s Oxford Street be revived?
...More recently, the West End has become a flashpoint in a wider debate over decarbonising the economy after communities secretary Michael Gove blocked Marks and Spencer from rebuilding its Art Deco flagship...
September 8, 2023

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