Finance

Finance

Keir Starmer apologises to victims of Jeffrey Epstein

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer has apologised to the victims of Jeffrey Epstein for appointing Peter Mandelson as Britain’s ambassador to the US, saying: “None of us knew the depth and darkness of that relationship.” The UK … Read more

Finance

Bank of England holds rates steady at 3.75%

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of England kept borrowing costs steady at 3.75 per cent in a knife-edge decision as it signalled that a further rate reduction could come as soon as March. The Monetary Policy Committee voted … Read more

Finance

Starmer apologises to Epstein victims

Sir Keir Starmer has apologised to the victims of Jeffrey Epstein for appointing Peter Mandelson as Britain’s ambassador to the US, saying: “None of us knew the depth and darkness of that relationship.” The UK prime minister is facing fierce criticism from Labour MPs after he admitted he sent Mandelson to Washington last February in … Read more

Finance

Syngenta prepares to revive plans for IPO in Hong Kong

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Swiss agricultural chemicals company Syngenta is seeking advisers for a blockbuster listing that could be Hong Kong’s largest in years. The Chinese-owned company on Thursday asked banks to submit proposals to advise on a potential … Read more

Finance

Gilts and sterling hit by Starmer leadership speculation

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The pound and gilts came under pressure on Thursday as investors worried about the risks to UK assets of the mounting leadership speculation surrounding Sir Keir Starmer. UK borrowing costs rose to their highest since … Read more

Finance

Shell to return further $3.5bn to investors and boost dividend

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shell has announced a $3.5bn share buyback and raised its dividend, despite a weaker oil price hitting the oil major’s profits. The FTSE 100 company announced the move — which followed a $3.5bn buyback in … Read more

Finance

The truth about the ‘blue-collar boom’

Eman Sumair does not share the angst afflicting many of her contemporaries over artificial intelligence’s potential to devalue graduate skills. The 19-year-old from Slough, a UK town housing Europe’s largest data centre cluster, is in the final part of a three-year apprenticeship at Equinix, which runs hundreds of the facilities worldwide. Her course of on-the-job … Read more

Finance

Where is AI showing up in the productivity data?

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Visions of an AI-infused world can be a little scary. Perhaps our brains will dull as we outsource intellectual struggle to our digital assistants. Perhaps — brace yourself — your jaunty economic analysis will come … Read more

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