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HS2
Cost of London-to-Birmingham leg of HS2 jumps by a fifth to £54bn
...The transport department said in a statement that HS2’s “governance [was] being strengthened to further increase the focus on cost control and increase government oversight”....
October 12, 2023
FT SeriesMilan design special 2024
Batman interiors and bejewelled sofas
...“There is a bit of patina of darkness to our collection,” Chiave says as he shows me his sketches on his screen. In the Batman movies, interiors are one way Wayne’s duality is emphasised....
March 30, 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
Stephen Bush
Little good can come of Starmer’s green U-turn
...Now, some shadow cabinet ministers have vowed to play a similarly long game of waiting until they can use the power and resources of a government department to marginalise and take revenge on Labour’s overmighty...
February 9, 2024
Cryptocurrencies
What is a FRAX? And other pressing questions
...Paxos Trust Co.’s issuance of U.S. dollar-backed stablecoins has been under the supervision of the New York State Department of Financial Services (NYDFS) since 2018....
December 13, 2023
Marks & Spencer Group PLC
M&S wins legal challenge against government over Oxford Street store
...and the regeneration of our towns and cities,” M&S said on Friday....
March 1, 2024
Oil & Gas industry
Biden hits US oil drillers with first royalty increase in a century
...environmental clean-ups,” said Deb Haaland, interior secretary....
April 12, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Haiti
US airlifts embassy staff out of Haiti as violence escalates
...“The international community must work together with Haitians towards a peaceful political transition,” said Brian Nichols, the US state department’s assistant secretary for western hemisphere affairs, in...
March 11, 2024
UK business
Barclays boss calls for UK economic development agency
...The intervention by Venkatakrishnan, boss of one of the UK’s biggest banks, comes after years of patchy relations between ministers and industry and frustration in boardrooms over policy U-turns by successive...
January 16, 2024
Corporate governance
UK government shelves stricter company disclosure rules
...Business secretary Kemi Badenoch withdrew the “burdensome” legislation after companies raised concerns about the cost of the new corporate reporting requirements, said the Department for Business and Trade...
October 16, 2023
Inside Politics
Could Labour afford to underfund UK’s hollowed-out defence?
...But Ben Wallace, the previous defence secretary, cut the army’s headcount to 72,500....
February 13, 2024
Transcript
Transcript: Is there a way out of Haiti’s nightmare?
...Here’s US secretary of state Antony Blinken at a meeting of regional leaders on the day of Henry’s resignation....
March 14, 2024
Jo Ellison
How common are you?
...English people still fall into paroxysms of anxiety as to whether they should say “couch” (non-U) or “sofa”, or “mirror” (non-U) or “looking-glass.”...
November 10, 2023
Changpeng Zhao
CZee you in court
...That’s on top of the ~$4bn settlement that’s said to be in the works between the world’s biggest crypto exchange by volume and the US Department of Justice....
November 21, 2023
ReviewNon-Fiction
Interwar: British Architecture 1919-39 — modern love
...After all, why not make an immense department store half-timbered, as Liberty in London did, to evoke the glamour of Henry VIII, Elizabeth I and their age of adventurers?...
March 4, 2024
FirstFT
FirstFT: Stock markets undergo ‘risk reset’ as indices hit new records
...The Department of Transportation is preparing to unveil new disclosure rules for airlines but the industry is united in opposition against them. Here’s why....
March 12, 2024
FT Live
Business of Art
Market shifts and future growth
Monday, 7 October180 Studios, London, UK
Bankruptcy
The US scourge of venue shopping
...Under 28 U.S.C. section 1408, a company can file bankruptcy in any district where it has its domicile, principal place of business, or principal assets for 180 days prior to bankruptcy....
March 28, 2024
Marks & Spencer Group PLC
M&S takes UK to High Court over blocked rebuild of London flagship
...Henrietta Billings, director of SAVE Britain’s Heritage, said in regard to M&S’s move that Gove had “made the right decision in dismissing the demolition proposal” and called on his department to “resolutely...
August 31, 2023
Oil & Gas industry
Biden administration to restrict Alaska oil and gas drilling
...“We thank the Biden administration and secretary of interior Deb Haaland for taking this step . . ....
September 6, 2023
Sovereign bonds
A Sri Lankan debt twist
...Pursuant to 28 U.S.C. § 517, the Attorney General of the United States is authorized to send any officer of the Department of Justice to “attend to the interests of the United States in a suit pending in...
September 1, 2023
World
Sri Lanka’s US cavalry is here
...Department of Justice “to attend to the interests of the United States” by “argu[ing] any case in a court of the United States in which the United States is interested.” 28 U.S.C. §§ 517, 518....
October 3, 2023
Sovereign bonds
PSA: no one should care about the US credit rating
...X-Date Approaching: The failure to reach a deal to raise or suspend the debt limit by the x-date would be a negative signal of the broader governance and willingness of the U.S. to honor its obligations...
May 25, 2023
Brexit
UK government set to U-turn on plan to scrap or revise all EU law
...Kemi Badenoch, business secretary, told Tory Brexiters this week that the majority of almost 4,000 pieces of retained EU law would remain on the statute book, with perhaps 800 being removed by the end of...
April 27, 2023
FirstFT
FirstFT: US investors consider their TikTok options
...the world’s riskiest borrowers, according to S&P Global Ratings....
March 15, 2024
Scoreboard
Hollywood comes for Formula One Premium content
...Do read on — Samuel Agini, sports business reporter F1’s Alpine brings in storytelling consortium Hot on the heels of Wrexham’s fairytale promotion back to the English football league, Hollywood duo Ryan...
July 1, 2023
US Treasury bonds
Looking for trouble in Treasuries
...; UK asset managers having huge liquidity issues, BoE intervention, mass political top level resignations and a complete U-turn of a budget....
August 4, 2023

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