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UK local government finance
The Monaco hedge fund boss tied up with an indebted English town
...The matchmaker for the troubled deal between the real estate firm behind the scheme M7 Real Estate and the local authority was Lee Robinson, a Monaco-based financier whose interests have become unusually...
April 24, 2024
UK housebuilding
Two-thirds of £4.2bn UK housebuilding fund unspent despite homes crisis
...The FOI request, made by local government researcher Jack Shaw, found the bulk of that sum had been spent in 2021 and 2022....
January 3, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
InterviewUK immigration
UK has ‘no strategy’ for housing asylum seekers, says borders’ chief inspector
...Citing his 26 years of army service, Neal called on the Home Office to put officials on the ground across the asylum estate to “check, check and check again” that things were working as they should and that...
February 16, 2024
Food & Beverage
CVC accused of ignoring Kenyan co-operatives in tea estates sale
...In February, alongside Kenyan President William Samoei Ruto, the company inaugurated a new tea academy....
April 3, 2024
ReviewMusic
John Williams and Yo-Yo Ma enrapture Carnegie Hall
...His stature is such that from the conductor’s podium at Carnegie Hall on Thursday night he could gently mock the quality of that film and still expect calls from producers seeking his skills....
February 26, 2024
ReviewTheatre
Love’s Labour’s Lost, RSC review — Shakespeare updated with lashings of White Lotus
...The production lollops towards its messy conclusion with the pageant of the Nine Worthies, both ridiculous spectacle and awe-inspiring demonstration of the richness of Renaissance culture....
April 19, 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
UK local government finance
UK government refuses public inquiry into bankrupt Essex council
...Local government researcher Jack Shaw said the case for a public inquiry into what went wrong was strong because residents of Thurrock and other places sharing its fate, were paying directly for state failure...
April 2, 2024
Special ReportOnline MBA 2024
Online MBAs move beyond isolated, independent study
...Similar congestion problems in Miami have helped support what William Hardin, dean at Florida International University’s College of Business, says is a rich range of MBA options: not just in-person, online...
March 10, 2024
Chinese economy
China’s economic growth hits 5.3%
...Since 2021, the Chinese economy has grappled with a wave of real estate developer defaults that have frozen construction activity and weighed confidence in the market, pushing down home sales....
April 16, 2024
Global inflation
Has US core inflation resumed its decline?
...China’s National Bureau of Statistics will publish house price data for February on Friday, providing a vital update on the country’s ailing property market.Real estate has become one of the largest drags...
March 10, 2024
US society
Glitch leaves US university students in the dark about cost of studies
...Nearly 400 schools — including high-profile state universities such as UCLA, Wisconsin and William & Mary — have been forced to delay their traditional May 1 deadline for students to accept places for the...
February 25, 2024
Harvard University
Bill Ackman backs outsider candidates for Harvard board
...Leslie told the FT that Ackman, an acquaintance of his fellow candidate Williams, had “been a sounding board” and was helping fund the campaign. “The whole governance at Harvard is very untransparent....
January 10, 2024
Special ReportHealth at Work
UK employee health has barely improved since pandemic
...Recent research by William Fleming at the University of Oxford even suggests that individual interventions targeting employees — such as resilience training or wellbeing apps — are of little value on their...
January 23, 2024
Chinese business & finance
Chinese state-owned bank seeks liquidation of property developer Shimao
...a mainland Chinese real estate company....
April 8, 2024
News updates from April 10: US inflation rises faster than expected; KPMG fined $25mn in cheating scandal
Strong US inflation data keeps 90% of S&P 500 stocks in the red
...The real estate sector, full of companies that are particularly sensitive to interest rates, fell 4.4 per cent, more than double any other sector....
April 10, 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
Chinese economy
China cuts mortgage-linked lending rate by record amount
...“A cut to the five-year LPR is part of the policy package to boost the demand side of the real estate market,” said Yang Chang, policy analyst with Chinese brokerage Zhongtai Securities....
February 20, 2024
Property sector
UK landlords hunt for deals in real estate slump
...UK-listed landlords are eyeing buying opportunities in the depths of the real estate downturn, as high debt costs force some owners to sell....
February 28, 2024
News in-depthMacau
Macau roars back as gamblers return to ‘Las Vegas of the east’
...Clutching a Dior handbag and wearing a jacket from French designer Ami, Jacky Chen, who works in real estate in Shenzhen, came to Macau to eat, relax and gamble....
March 31, 2024
UK local government finance
Cash-strapped English councils to get extra £600mn
...Spread across the county council and unitary council network according to a relative needs formula, the social care funds will on average add £2mn-£3mn per council, according to Jack Shaw, an expert in local...
January 24, 2024
Biotech
UK biotech signs $1bn deal to develop liver disease drugs
...The approval of Madrigal’s drug should help other treatments to pass regulatory hurdles, according to analysts at investment bank William Blair....
April 22, 2024
Claer Barrett
Heaven preserve us! Meghan’s jam brand may have a sticky start
...Hardcastle says she could imagine it being stocked by Erewhon, the LA cult celebrity supermarket, and draws comparisons with the Flamingo Estate....
April 20, 2024
UK infrastructure
Teesworks authority loses access rights case against Brookfield-owned port
...They said PDT had originally been claiming access rights “across vast areas of land on the Teesworks estate, yet no documentation was ever provided”....
February 5, 2024
News in-depthUK Budget 2024
‘Disastrous’: Justice system leaders warn Hunt against further austerity
...Fairhurst said spending on the service in the current financial year was already £100mn over budget, in part because the estate was at capacity....
March 4, 2024
HTSI
10 UK gardens to visit this bank holiday weekend
...These wild tulips are perennial, naturalising and have a delicate, beguiling beauty. botanic.cam.ac.uk Hever Castle, Kent The big draw at the former home of Anne Boleyn (and later of William Waldorf Astor...
March 27, 2024
ReviewFilm
Back to Black — no no no to this syrupy Amy Winehouse biopic
...(The new film comes endorsed by the Winehouse estate.) The real villains in Back to Black are the fiendish paparazzi....
April 11, 2024

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