Finance

Finance

Alphaville’s annotated thoughts on the Schroders takeover

Big news for the UK finance industry this morning, with the Schroder family selling its eponymous asset management business to Nuveen. From mainFT’s Mary McDougall: Schroders has agreed to a £9.9bn takeover by US asset manager Nuveen in a deal that would end the independence of one of the City of London’s most historic names. … Read more

Finance

The Labour Party has become devoid of purpose

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is general secretary of the Unite union By the turn of the 20th century, the trade unions in Britain had decided that they needed a political voice. And so the Labour Party was … Read more

Finance

Does the weight-loss revolution show up in the data?

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Last summer I decided that I didn’t want to buy a new and larger post-partum wardrobe, and so tried to lose some weight. It was utterly ghastly. I suffered from overwhelming brain fog, deafening “food … Read more

Finance

Epstein trustee document contradicts Jes Staley testimony

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jes Staley was named as a trustee of Jeffrey Epstein’s estate up until at least 2015, newly released documents show, which appear to undermine court testimony from the former Barclays boss that he turned down … Read more

Finance

UK trade deficit for goods hits record high in 2025

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The gap between UK imports and exports of goods was the widest on record in 2025, while services registered a record surplus, underscoring the economy’s long-standing shift from manufacturing. Britain reported a £248.3bn trade deficit … Read more

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