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First published in 1888 as a four-page newspaper, the Financial Times'
initial readership was the financial community of the City of London.
The Financial Times soon established itself as the sober but reliable
"stockbroker's Bible", with its only rival being the slightly older and
more daring Financial News. In 1893, the FT turned salmon pink -
a masterstroke that made it immediately distinguishable from its
competitor. From their initial rivalry, the two papers merged in
1945 to form a single six-page newspaper. The Financial Times brought
with it a higher circulation, while the Financial News provided enormous
editorial talent.
Over the years, the newspaper grew in size, readership and breadth of
coverage. It also established a network of correspondents in major cities
around the world, reflecting early moves in the world economy towards
globalization.
As cross-border trade and capital flows increased rapidly during the '70s,
so the FT began a programme of international expansion, facilitated by
developments in technology and the growing acceptance of English as
the international language of business.
On January 1st, 1979, the first FT to be printed outside the UK rolled off
the presses in Frankfurt. Since then, with its greatly increased
international coverage, the FT has become a truly global business
newspaper, printed in 21 locations worldwide, with international editions
to serve the needs of its readers in the US, UK, Continental Europe and Asia.
Worldwide circulation
stands at 463,160, with global readership estimated at over 1.8 million people in more than 140 countries.
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