Net UK migration surges 43%

Bulgarians and Romanians drive total to 260,000

Scotland to get tax and welfare powers

Smith unveils cross-party proposals for devolution

Stagecoach wins East Coast rail franchise

Consortium with Virgin to pay £3.3bn for 8-year contract

Cricket world mourns Phillip Hughes’ death

Game loses remarkable batting talent aged just 25

Oil price slide hits energy bond investors

Nearly a third of junk-rated energy debt classified as distressed

Mulberry bags new creative director

Luxury handbag brand appoints Johnny Coca

Bob Diamond sees chance in banks’ retreat

Opportunities appear as global lenders’ move ‘off the stage’

British embassy vehicle bombed in Kabul

Several killed as Taliban claims responsibility for suicide attack

Poundland reports 11.7% rise in profit

Sales at budget retailer rise as it develops its own-brand ranges

SABMiller in $2.9bn Coca-Cola Africa deal

Drinks giants to merge African bottling operations

Rio Tinto sees sparkle in diamond mines

Anglo-Australian company to invest $350m in Canadian mine

Comment and Analysis

The UAE’s blacklist places it centre stage

Naming these groups creates suspicion around them and puts them on the defensive

Turbulent Mali tests French peace mission

If political talks fail, the country could become a quagmire for the international community

Singapore tests its success

Party founded by Lee Kuan Yew is seeking to keep the economic miracle alive but faces challenges

Best comments from our readers

"I don't think Europe is an old haggard grandma. Europe has matured as a civilisation. It has come to terms with its historical mistakes and is trying to set its priorities straight."
By I am free Capt. Peacock on Pope Francis calls Europe an ‘elderly and haggard’ grandmother


"The blue sky thinking and intellectual network scientists have in academia are crucial to spark new inventions, which - in order to benefit society - will need to be commercialised. This needs substantial investment and a different set of skills."
By Artemis on Nations thrive by uniting professors and entrepreneurs


Market-moving news and views, 24 hours a day

Sorry, Fast FT is unavailable at the moment

FOLLOW THE FT

SHARE THIS QUOTE