The Latest Breaking News from FT

Therese Coffey under fire over instructions regarding Oxford comma

Workers have reacted angrily to an email from the office of the new health secretary.

The Independent UK · Sep 15, 2022

Liz Truss draws up plans to SCRAP bankers' bonus cap in middle of cost of living crisis

Chancellor Kwasi Kwarteng, who was one of Liz Truss's first appointments when she became Prime Minister last week, is weighing up abolishing a cap that means bosses cannot award more than double an employee's salary

Daily Mirror · Sep 15, 2022

Focus on growth not fiscal discipline, Kwasi Kwarteng tells Treasury

Chancellor suggests change of emphasis is needed after he sacked top civil servant whom he credited for tight control of spending

The Guardian - UK · Sep 13, 2022

Truss’s pledges ‘to contribute to £60bn hole in UK budget’

Liz Truss’s tax cut and defence spending pledges, coupled with spiralling inflation and the growing cost of government debt, will create a £60bn hole in the public finances by 2026, according to calculations by the Financial Times.

The Independent UK · Sep 3, 2022

EU complicates travel rules for Russians but baulks at visa ban

EU foreign ministers on Wednesday decided to make it more expensive and lengthier for Russians to obtain visas to travel to the bloc but stopped short of agreeing to the EU-wide visa ban that Ukraine and several member states had called for.

Reuters · Aug 31, 2022

Felixstowe port disruption ‘could continue until Christmas’ says union – as it happened

Disruption at the UK’s largest container port could escalate until Christmas unless workers are given an improved pay offer, Unite boss says

The Guardian - UK · Aug 24, 2022

How a 20-year-old student made $110mn riding the meme stock wave

Jake Freeman raised $27mn through Wyoming-based fund and bet it all on shares of Bed Bath & Beyond

Financial Times · Aug 22, 2022

Govt to subsidise electricity fuel component tariff

The government has decided to subsidise the fuel tariff (Ft) component of electricity bills for the three months September-December, when the cost is set to rise, government spokesman Thanakorn Wangboonkongchana said.

Bangkok Post · Aug 9, 2022

FT says Western governments are alarmed over Turkey's deepening ties with Russia

Western governments are increasingly alarmed about deepening economic ties between Turkey and Russia, warning of the mounting risk that Turkey could be hit by punitive retaliation if it helps Russia avoid sanctions, the Financial Times reported on Saturday.

Reuters · Aug 6, 2022

The women calling out Apple’s handling of misconduct claims

More than a dozen employees past and present say Apple’s HR team puts the company’s reputation ahead of worker welfare

Financial Times · Aug 5, 2022