City ignores Russian capacity for hardship at its peril

Glasnost that fosters business ties is expiring amid the wreckage

Lloyds traders rip off an Old Lady

Scam is most dispiriting in scandal over benchmark manipulation

Beer sales beat Unilever’s ice cream

SABMiller’s top-line growth was 6% in the quarter

GSK stumbles in the final furlong

Advair drug disappoints as group heads into period of transition

Companies feel the pain of strong pound

Chipmakers to Royal Mail are blaming forex for profit falls

Tesco’s investors yet to feel the love

Shares might not outperform for quite a while following CEO change

Ineos / Gulf Keystone / Bank penalties

Counterintuitive Ineos prepares for a modern-day coals to Newcastle adventure

Ashley’s grand but enigmatic gesture

Sports Direct owner will take nothing from company having given up share of bonus scheme

FCA squeezes life from payday lending

Capping spiralling interest charges will not boost competition

Quindell starts on road back to favour

Group vows to constrain growth and improve governance

Swann finds sweet spot at SSP

Chief rewarded for taking group through to its debut

Independent advice on independents needed

Share price performance offers intriguing view of such advisers

AbbVie avoids Pfizer errors in Shire bear hug

There is scope for US drugs group to meet Shire in the middle

HK note raises red flags over political bias

HSBC could have avoided embarrassment with its ‘sell’ note

Compliance cannot save forex from red tape

Libor scandal has turned a spotlight on benchmark rigging

Ashley bonus railroaded round the City

Sports Direct founder is third time lucky in getting scheme passed

HP-Autonomy: shaggy-dog story

Latest twist brings enlightenment no closer

Airports: how to stay grounded

Doing nothing is the easiest option thus far

LSE: a bigger cheese

Xavier Rolet lays down an exchange marker

Time to end WPP’s traditional summer grudge match

Little cheer as investors wonder if Sorrell can be serious

ABOUT LOMBARD

Jonathan Guthrie Jonathan Guthrie is the City editor of the FT, writing and editing Lombard, the agenda-setting column on London-listed businesses and on finance. He has worked for the FT Group for 17 years. For eight years he contributed a weekly column on British business and politics that blended humour with serious comment. His posts have included enterprise editor, Midlands correspondent, UK companies editor, and magazine editor.

Jonathan has edited or contributed to books on eurobonds, derivatives, investment management and M&A published by The Economist, International Financing Review and Mercury Asset Management.

E-mail Jonathan Guthrie

Alison Smith


Alison Smith is the FT's Chief Corporate Correspondent and has worked at the FT for more than 20 years. Her posts have included political correspondent, financial services correspondent, Lex writer, UK companies editor and, most recently, leader writer.

E-mail Alison Smith

Kate Burgess


Kate Burgess is the FT's Small Talk columnist and Small Companies Correspondent. She has worked at the FT for nearly 20 years in various roles, most recently as investment correspondent. Before the FT she worked as a stock broker.

E-mail Kate Burgess