Will A. Wright

April 17, 2024

The mysterious Iranian ship accused of lining up the next Houthi targets

...But a video posted on an Iranian army-linked Telegram channel last month, in English, described the vessel as a “floating armoury” and insisted it had a role in combating piracy....

March 9, 2024

FT Live

Inside Politics: who will win the UK general election?

Exclusively for FT subscribers

News in-depthShipping

Shipping industry turns to high-tech wings for faster decarbonisation

...When bolted to a vessel’s decks and sitting upright, the wing, called FastRig, will act as a sail capturing the wind....

April 21, 2024

Supply chains

Mediterranean ports warn of overflowing storage yards in latest threat to supply chain

...Many terminal operators expect that problems will continue for as long as services are being rerouted....

April 23, 2024

News in-depthShipping

Surge in maritime violence boosts demand for private security forces

...It is unclear how long the Behshad will remain away from the area — and shipowners have said they will want clear assurances about safety before they return routinely to the area....

April 21, 2024

Royal Mail

Shareholders of Royal Mail owner hit out at Křetínský’s ‘insulting’ approach

...For Křetínský to take over IDS, he will have to work with UK government officials, given that the company’s activities fall into a strategically important sector....

April 19, 2024

FT Live

Due Diligence Live

Where leaders in investment and finance meet

Royal Mail

Royal Mail proposes to halve second-class deliveries

...“Reform gives us a fighting chance and will help us on the path to sustainability.” Royal Mail reported operating losses of £1bn for the year to March 26 last year, partly because of strikes....

April 3, 2024

Royal Mail

Heathrow executive recruited to lead Royal Mail turnaround effort

...Seidenberg will remain interim chief executive until Gilthorpe takes over, the company said....

April 2, 2024

Angela Rayner

Police launch probe into claims Angela Rayner broke electoral law

...The pressure facing Rayner is a foretaste of the kind of intense political and media scrutiny that Starmer and his team will face as they prepare for the possibility of a transfer from opposition to government...

April 12, 2024

Shipping

Hedge fund takes on shipping magnates over oil tanker deal

...We will vigorously defend ourselves against these claims that have no merit.”...

April 11, 2024

News in-depthRoyal Mail

Robot arms and the humble postie: how Royal Mail plans to deliver

...The task of improving the competitiveness of the parcels business will be one of a series of challenges facing Emma Gilthorpe when she takes over as chief executive of Royal Mail later this year....

April 5, 2024

Undercover EconomistTim Harford

Fossil fuels could have been left in the dust 25 years ago

...“There is no reason to believe it will not remain nearly constant for at least 10 years. That means, by 1975, the number of components per integrated circuit for minimum cost will be 65,000.”...

April 26, 2024

ExplainerMaritime accidents and safety

The Baltimore bridge disaster: what happened and who will pay?

...Who will pay for the damage? The federal government will — according to President Joe Biden. The cost is as yet unknown. The insurance sector is expecting a hefty bill....

March 27, 2024

Personal Finance

A mid-life inheritance: handling a painful windfall

...But he hopes as a result of his windfall to witness the effects of some donations for himself. “Some of it will go to charities in my will,” Peter says....

March 1, 2024

News updates from April 3: Iger defeats Peltz in Disney proxy war; Eurozone inflation falls to 2.4%

Second-class deliveries would halve under Royal Mail proposals

...The ideas are suggested in the legacy mail delivery company’s submission to a review of its obligations being undertaken by Ofcom....

April 3, 2024

FT Live

Future of Asset Management Europe

New fund firm models for Europe's resurgence

Markets InsightWilliam Wright

The British Isa is a welcome step back to the future

...Rebooting the UK stock market after decades of decline will need a wide range of measures on both the supply and the demand side, as well as reforms to the wider economy....

March 14, 2024

News updates from March 26: Baltimore road bridge collapses; Trump’s social media business soars in market debut

Biden says federal government will rebuild collapsed Baltimore bridge

...Joe Biden has said the US federal government will rebuild a Baltimore bridge that collapsed into the Patapsco river in the early hours of Tuesday morning, sending people and cars tumbling into the water...

March 26, 2024

Shipping

Somali pirates seize ship as global naval forces focus on Houthi threat

...“It’s just a case of how dangerous those boarding and rescue operations will be thereafter,” he said....

March 12, 2024

Mergers & Acquisitions

Yodel to be sold off in latest unwinding of Barclay family interests

...“The Shift leadership team will provide significant technology and operational expertise, having successfully turned around the fortunes of the Tuffnells brand,” it added....

February 13, 2024

FT SeriesThe world’s best house museums

House museums #51: Frank Lloyd Wright’s home and studio

...Wright moved windows higher to create an “intimate space” around the table, says Holian, adding that dining tables became “almost a room within a room” in some of his designs....

January 20, 2024

Maritime accidents and safety

Search suspended for missing people in Baltimore bridge collapse

...“Due to the damage to the bridge and resulting debris, it will not be possible to reach the . . . Port of Baltimore for the time being,” the shipping line said....

March 27, 2024

Wincanton PLC

Bidding war for Wincanton drives up UK logistics group shares

...“The combination of GXO’s technological capabilities and global reach with Wincanton’s proven expertise in the UK and Ireland markets will enhance our offering,” he added....

February 29, 2024

Automobiles

European ports turned into ‘car parks’ as vehicle imports pile up

...“Any new brand will be facing this issue, if you don’t have scale, if you don’t have regular deliveries, then you are not the [trucking groups’] largest clients,” they added....

April 9, 2024

Middle East conflict

Iran seizes Israel-linked container vessel

...Iran has sought to avoid a direct conflict with Israel and the US, and has signalled that its response to the April 1 strike on its consular building will be calibrated....

April 13, 2024

Wincanton PLC

CMA CGM abandons bidding for UK logistics specialist Wincanton

...The abandonment of the bid is a setback for CMA CGM’s efforts to develop a stronger logistics function to complement its core shipping business....

March 5, 2024

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