Partner profits at the UK’s mid-tier accounting firms have surged to record levels against the Big Four, underlining the pressure on the sector’s top players to retain senior professionals. Profit per equity partner hit an average of £565,000 in 2024 across the five largest mid-tier firms that report comparable figures, according to an FT analysis … Read more
The success of weight-loss drugs has driven demand for injectable compounds that claim to improve everything from sleep to skin
The USS Abraham Lincoln, one of the US’s 11 aircraft carriers, entered Middle Eastern waters this week after an 11-day transit from the South China Sea. Its arrival highlights Donald Trump’s escalating threats to strike Iran for the second time in less than a year. Accompanying the vessel on Monday were three guided-missile destroyers — … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. OpenAI is in talks to raise close to $40bn from Nvidia, Microsoft and Amazon, three of its largest infrastructure providers, as part of its blockbuster $100bn funding round. Nvidia could invest as much as $20bn … Read more
Stay informed with free updates Simply sign up to the Chinese politics & policy myFT Digest — delivered directly to your inbox. Sir Keir Starmer met Xi Jinping on Thursday as the two leaders sought to strengthen trade relations after years of strained ties over spying scandals and geopolitical tensions. Starmer, the first UK prime … Read more
Britain’s investment minister has revealed there are talks within government about introducing a universal basic income to support workers in industries likely to be wiped out by AI. Lord Jason Stockwood, who joined the government in September after a career in tech, told the FT he believed that “bumpy” changes to society caused by AI … Read more
Stay informed with free updates Simply sign up to the Mining myFT Digest — delivered directly to your inbox. The world’s biggest mining companies have added close to half a trillion dollars to their valuations this year, fuelled by a surge in the prices of precious and base metals triggered by heightened geopolitical tensions. The … Read more
Stay informed with free updates Simply sign up to the Automobiles myFT Digest — delivered directly to your inbox. The number of vehicles built in Britain last year fell to the lowest level since the early 1,950s as the industry’s trade body said car manufacturers were looking to diversify into the defence sector. In 2025, … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Federal Reserve has kept interest rates on hold for the first time since July, as chair Jay Powell said the US central bank was in no rush to cut them despite Donald Trump’s relentless … Read more
