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House of Lords
Labour plans to axe hereditary peers in UK House of Lords
...Many in Labour view the planned reforms as finishing off what Tony Blair started when he came to power in 1997 and said he intended to make the House of Lords more democratic and representative....
April 1, 2024
Property sector
Asking price premium signals rebound in London housing market
...Some 17 per cent of homes sold above their asking price across the nations in 2019, against 13 per cent in London, according to figures from estate agent Hamptons....
April 5, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Remortgaging
Mortgage rate cuts anticipated after inflation data and rates decision
...The risk to lenders that the BoE would take longer than expected to cut base rates had eased this week, according to Lucian Cook, residential research director at estate agent Savills....
March 22, 2024
News in-depthPensions industry
UK pension funds snap up real estate at steep discounts
...Some of the UK’s biggest pension plans are taking advantage of steep price discounts to snap up real estate and other private assets, as fellow retirement funds put their harder-to-sell holdings on to the...
March 19, 2024
Q&AThe Questionnaire
Singer James Arthur: ‘I wish I’d learnt to keep my composure earlier’
...And one of my best friends in the world, Michael Dawson. He was seen as a big scary lad on the estate — I avoided him....
February 10, 2024
Donald Trump
The central players in Trump’s ‘hush money’ criminal trial
...Figures from Trump’s past as a real estate tycoon and reality TV star are expected to — under the glare of the world’s media — recount in detail the sordid saga of the billionaire’s alleged extramarital...
April 14, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
News updates from January 10: SEC approves first spot bitcoin ETFs, Japan’s Topix hits 34-year high
US president’s son walks out of chamber after barrage of personal attacks from Republicans
...Hunter Biden’s appearance at a House of Representatives hearing on Wednesday quickly descended into chaos, as Republicans pushed to hold the US president’s son in contempt of Congress for defying a subpoena...
January 10, 2024
Kering SA
Kering buys Milan building for €1.3bn in Europe’s biggest property deal since 2022
...James Seppala, head of European real estate at Blackstone, said the deal “demonstrates exceptional investor demand for high-quality real estate in the strongest markets”....
April 4, 2024
Property sector
Home downsizing can deliver big retirement funding boost, study finds
...Savills, the estate agent, calculated that someone with no mortgage moving from a four-bed house — with an average price of just over £560,000 in England and Wales — to an average two-bed home would unlock...
February 16, 2024
Walt Disney Co
Iger defeats Peltz to win Disney board contest
...Iger, who at one point considered a run for the White House, enlisted business leaders and personal friends to vouch for him....
April 3, 2024
Capital One Financial Corp
Capital One agrees to buy Discover Financial for $35bn
...Discover announced in December that it had appointed former TD Bank executive Michael Rhodes as its chief executive, months after the sudden departure of the company’s former boss Roger Hochschild....
February 20, 2024
The Trump machine
The Trump machine: the inner circle preparing for a second term
...Robert Lighthizer, the former US trade representative and architect of the big commercial battles with China, the EU and many others the last time around....
March 26, 2024
The Big Read
The battle over TikTok
...It insists that it has set up a structure in the US, called Project Texas, which walls off the personal data of Americans from anyone in China....
March 15, 2024
Sport
Carlyle co-founder David Rubenstein plans to buy Baltimore Orioles baseball team
...Private equity billionaire David Rubenstein, the cofounder of Carlyle Group, plans to buy the Baltimore Orioles baseball team alongside an investor group including Michael Arougheti, the chief executive...
January 31, 2024
News in-depthHaiti
Haiti nears transitional government in stand-off with gangs
...named a representative....
March 22, 2024
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
Investments
Directors’ Deals: Fever-Tree chair buys as input prices fall
...Chief executive Simon Emeny noted the incoming costs headache in a recent trading update, but also flagged “a number of high-profile, trade-enhancing investment schemes in our existing estate” as a driver...
February 2, 2024
UK politics
Sunak unveils police crackdown on protests at democratic venues
...He added: “We simply cannot allow this pattern of increasingly violent and intimidatory behaviour which is, as far as anyone can see, intended to shut down free debate and stop elected representatives doing...
February 29, 2024
Hunter Biden
US president’s son Hunter Biden indicted on tax evasion charges
...The White House referred questions about the tax charges to the DoJ and Hunter Biden’s representatives....
December 8, 2023
ExplainerNuclear proliferation
How could nuclear weapons be used in space?
...Jim Himes, the top Democrat on the House of Representatives intelligence committee, said people “should not panic”....
February 25, 2024
John Lee
A year of takeovers can fuel my portfolio
...Many of these names are long gone: Delcam, Fenner, Pifco, Refuge Assurance, Trafford Park Estates, Wintrust — and Air Partner being the most recent a couple of years ago....
March 20, 2024
ReviewFiction
Day by Michael Cunningham — ghosts of past and present
...Day by Michael Cunningham 4th Estate £16.99 / Random House $28.00, 288 pages Join our online book group on Facebook at FT Books Café...
December 29, 2023
Edward Luce
Why no one will lend to Trump
...In their personal dealings, however, they seem to validate the former New York mayor Michael Bloomberg’s view that with Trump he knows “a con when I see one”....
March 20, 2024
Your QuestionsLucy Warwick-Ching
Should I use the travel insurance provided by my credit card?
...In this scenario, unless the trust document says otherwise, there is provision within trust legislation for the personal representatives of a sole or last surviving trustee to appoint a replacement trustee...
March 27, 2024
War in Ukraine
Biden says US will back Ukraine ‘as long as we can’
...Mike Johnson, the speaker of the House of Representative, said: “We needed clarity on what we’re doing in Ukraine, and how we’ll have proper oversight of the spending of precious taxpayer dollars of the...
December 13, 2023
Middle East
Alvarez & Marsal restructuring executive detained in UAE
...A representative of the Fujairah police said that they “cannot share personal information about people who are detained in our prison”....
January 15, 2024

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