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PwC
PwC to reverse controversial US tax split
...Griggs said that having tax under one umbrella reflected how clients bought services from PwC....
April 18, 2024
French politics
Emmanuel Macron salvages immigration law in crunch parliamentary vote
...On Tuesday afternoon, Le Pen performed a U-turn and ordered her 88 MPs to support the stricter version of the law despite having said it was too lax only days before....
December 20, 2023
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
Transcript
Transcript: Will Labour’s green U-turn weaken Starmer?
...Jim PickardThere have been an awful lot of U-turns....
February 9, 2024
US presidential election 2024
Nelson Peltz to vote for Trump over fears of Biden’s ‘mental condition’
...The activist investor, currently embroiled in a proxy fight with Disney, said his Trump U-turn partly stemmed from concerns about the 81-year-old Biden’s fitness for office....
March 19, 2024
UK local government finance
Scotland council tax U-turn prompts backlash from local authority leaders
...The U-turn “completely undermines the powers of local government, which are very few and far in between”, Cammy Day, Edinburgh council leader, told the Financial Times....
November 3, 2023
Europe Express
The political motives behind von der Leyen’s green agenda U-turn Premium content
...Voters across the bloc are turning right in protest at falling living standards, rising immigration and the costs of going green, such as for new boilers and electric cars....
February 7, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Investments
UK reverses thresholds for promos to angel investors after backlash
...Emma Sinclair, the chief executive of EnterpriseAlumni, which provides corporate alumni software and services, said the announcement showed that the government “listens and reacts”....
March 6, 2024
Social affairs
UK civil service boss and spy chief quit male-only Garrick Club
...But barely 24 hours later he U-turned in a fresh email in which he said he was quitting after having reflected on the matter....
March 20, 2024
Rail
England’s train operators brace for further budget cuts
...Train operators in England had been planning to generate significant savings from the mass closure of ticket offices, but the government ordered a U-turn in October following a public backlash....
December 28, 2023
Visual and data journalism
Datawatch: British public U-turn on attitudes to immigration
...The British public has U-turned on immigration compared to 13 years ago, according to research from the Policy Institute at King’s College London....
March 5, 2023
Exchange traded funds
BlackRock rolls out its first active equity ETFs in Europe
...The Ireland-domiciled iShares World Equity High Income and iShares U.S....
March 28, 2024
JPMorgan Chase & Co
Top proxy adviser performs rare U-turn over Jamie Dimon’s pay
...The influential proxy adviser Institutional Shareholder Services has performed a rare U-turn and is recommending JPMorgan Chase shareholders support the bank’s pay plan for top executives including Jamie...
May 10, 2023
Banks
Mike Mayo ❤️ Citi
...Exits in targeted non-U.S. markets are mostly done (9 of 14) and with line-of-sight on the rest....
January 2, 2024
Sequoia Capital
Sequoia abandons effort to oust Michael Moritz from Klarna board
...The U-turn leaves a vacant seat on Klarna’s board and questions over what originally motivated the company’s largest shareholder to act against its chair....
February 20, 2024
Chris Giles
Beware fiscal fairy tales
...Following the Kwarteng debacle and subsequent tax U-turns, independent forecasts by the UK’s Office for Budget Responsibility show UK debt stabilising as a share of GDP towards the end of the decade....
February 13, 2024
FT Live
Crypto and Digital Assets Summit
Connecting leaders in crypto with mainstream finance
Wednesday, 8 MayLondon
Financials
A comprehensive round-up of 2024 investment outlook reports (updated)
...Charles Schwab predicts a “gradual U-shaped recovery composed of seemingly chaotic movements in economic data with turning points in policy rates and earnings growth.”...
January 3, 2024
Data PointsJohn Burn-Murdoch
A new global gender divide is emerging
...john.burn-murdoch@ft.com, @jburnmurdoch Letters in response to this article: Declining birth rates are a symptom of a male malaise / From Vincent Straub, Nuffield Department of Population Health...
January 26, 2024
UK financial regulation
FRC waters down UK boardroom reforms after government shift
...Those regulations were scrapped after lobbying by the financial services industry over the cost of new corporate reporting rules, including annual statements on financial resilience....
November 7, 2023
HM Revenue & Customs
Hunt orders UK tax agency to reverse plan to cut number of helplines
...Last month, MPs on the Commons public accounts committee said its customer service was at “an all-time low”....
March 20, 2024
Hungary
Hungary quits Russian-controlled investment bank in Orbán U-turn
...Laszlóczki, trained as a diplomat in Moscow in the 1980s and spent his entire career in the Hungarian foreign service, most recently as a co-ordinator for eastern relations, until joining the IIB....
April 13, 2023
Leon Black
Leon Black agreed $62.5mn deal over potential Epstein-related claims
...Black “very much regrets” having “made payments to Epstein for legitimate financial advisory services,” a spokesperson for the billionaire said in a statement on Friday....
July 21, 2023
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
US economy
Goldman: The US GDP–GDI gap won’t hurt you
...produced in the U.S....
February 12, 2024
Sony Corp
Sony considers partial spin-off and listing of financial services unit
...Sony said it would consider spinning off and relisting shares of its financial services arm to bolster investments in its entertainment business, delighting investors with a U-turn in strategy....
May 18, 2023
Inside Politics
Brexit U-turn tells us a lot about Rishi Sunak — and his potential successor
...Top stories today Meloni praises UK approach to immigration | Giorgia Meloni, Italy’s hard-right prime minister, has endorsed Rishi Sunak’s tough stance on immigration, in spite of misgivings among her...
April 28, 2023

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