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Western business, the Kremlin and the war
Raiffeisen Bank trumpets Russia growth plans in dozens of job ads
...It is under scrutiny by officials at the US Treasury department and has come under pressure from the European Central Bank to pull out of Russia....
April 16, 2024
EY
Staff in EY’s deals unit hit out at bosses after job cuts and sales slump
...amid a slowdown in demand for some of their services....
March 10, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Philanthropy
Treasury considers UK tax reforms to boost philanthropy
...But she conceded that increasing the amount of money claimed through the scheme would hit Treasury tax revenues....
April 4, 2024
UK manufacturing
Fears grow for British Steel’s rescue deal
...The company said the restructuring would require £1.25bn of investment and would be contingent on securing some state support....
April 20, 2024
UK local government finance
Hunt pulls £200mn from councils after clawing back house sale funds
...Whitehall insiders said internal calculations submitted to the Treasury showed that the policy delivered £180mn-£200mn a year to local housing budgets....
March 7, 2024
Oil & Gas industry
UK-sanctioned oil trader enlists ex-Biden aide to thwart potential US sanctions
...filed with the US Department of Justice....
March 21, 2024
FT Live
The Impact Of Gen AI On The Legal Sector
How are law firms leveraging technology to transform services and operations?
Tuesday, 11 JuneDigital Conference
News in-depthTikTok Inc
TikTok staff face big US tax bills on shares they cannot sell
...He has sent letters of complaint to the Internal Revenue Service, the Department of Labor and the Securities and Exchange Commission about ByteDance’s handling of share awards....
April 9, 2024
Tax
HMRC’s struggles pose ‘a threat to tax compliance’
...On Wednesday, Jim Harra, HMRC’s chief executive, told the Treasury select committee that discussions about additional funding for the department had been positive and constructive but he is yet to receive...
April 26, 2024
US Treasury bonds
Hedge fund groups sue SEC to challenge Treasury dealer rule
...The dealer rule is part of a broader push by Treasury market regulators — including the SEC, the Treasury department, the Federal Reserve and others — to increase regulatory oversight and improve stability...
March 18, 2024
LexFTX Trading Ltd
Wall Street found a win in the messy FTX bankruptcy Premium content
...Government agencies such as the Department of Justice, Internal Revenue Service and Commodity Futures Trading Commission each had their own claims to assert against FTX....
May 9, 2024
Personal Finance
Loan charge deadlock traps tens of thousands
...Some feel there are echoes of the Post Office scandal in the way individuals have been pitted against the might of the state....
April 5, 2024
Martin Wolf
The UK needs a reform road map to avoid stagnation
...Part of this will involve the creation of a department tasked with developing the view outlined above and ensuring that the spending of departments fits within the agreed overall direction....
April 15, 2024
News in-depthUK infrastructure
Rail chaos prompts fresh calls to nationalise England’s West Coast line
...In 2020 the government shifted from a franchised system to one of management contracts, in which it took on revenue risk and became far more prescriptive about the services required from operators, who in...
April 15, 2024
Legal services
FT North America Innovative Lawyers 2024 open for submissions
...from legal teams that have helped devise new products, services or revenue streams for the business....
May 3, 2024
Post Office scandal
HMRC gave Fujitsu £1.4bn in new contracts after landmark 2019 Post Office court case
...The committee of MPs wrote to HM Treasury and public bodies linked to the department last month to request details of their contracts with Fujitsu....
February 10, 2024
FT Live
Future of the Car 2025
The leading gathering for the automotive industry
Tuesday, 13 May 2025Sancroft, Paternoster Square, London EC4M 7DQ, UK
UK transport
What next for Britain’s broken railways?
...The Department for Transport sets the budget for train operators a year in advance, which prevents them from reinvesting any revenues generated from ticket sales to respond dynamically to changes in demand...
April 4, 2024
UK Budget 2024
Chancellor sets out £3.4bn plan to boost NHS productivity
...Hunt’s announcement marked a significant change in approach from the Treasury, which has in the past shut down proposals for capital injections into the NHS that the Department of Health and Social Care...
March 6, 2024
Mubadala Investment Company PJSC
Mubadala’s $3bn Fortress deal clears crucial US regulatory hurdle
...Fortress, Mubadala and the US Treasury Department declined to comment....
May 10, 2024
Israel-Hamas war
UK urged to publish legal advice on Israel’s conduct in Gaza
...The UK government has come under pressure to disclose legal advice about Israel’s conduct in Gaza after a senior Conservative MP claimed that an internal assessment found the Jewish state had breached international...
March 31, 2024
US politics & policy
US includes Chinese groups in sanctions over aid to Russian military
...The US Department of State said: “Today’s actions demonstrate the United States’ continued resolve to constrain the Arctic LNG 2 project’s production and export capacity and limit third-party support to...
May 1, 2024
Energy Source
The ripple effects of the electric vehicle revolution Premium content
...This week, the International Energy Agency released hundreds of pages of reports on the state of electric vehicles and batteries. We sum up our three biggest takeaways....
April 25, 2024
Unite
Unite delays account filings for 2 years as financial probe continues
...Sharon Graham, after becoming general secretary of Unite in August 2021, ordered two internal probes into claims of financial irregularities regarding the hotel and the union’s wider “affiliated services...
August 13, 2023
News updates from March 21: US accuses Apple of building a smartphone monopoly; Reddit soars in New York IPO
US accuses Apple of building a smartphone market monopoly
...The landmark lawsuit filed on Thursday by the US Department of Justice, along with 16 state and district attorneys, accuses the group of imposing contractual limitations on developers while making it more...
March 21, 2024
UK Government
Former UK prime ministers call for reform of ‘centre’ of government
...Other recommendations were for Number 10 and the cabinet office to be restructured into a Department of the Prime Minister and Cabinet (DPMC), plus a separate Department for the Civil Service....
March 10, 2024
Inside BusinessPatrick Jenkins
How to resolve the debanking debate
...the grounds that they constituted — in the words of the bank — “a business type we have chosen not to service”....
April 29, 2024

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