GPIF blames Brexit for $52bn loss

Japanese fund drops below $1.3tn as run of losses continues

Europe plans news levy on search engines

Proposals aimed at diluting power of big online operators

Clinton and Trump trade barbs about racism

Republican candidate accused of fuelling ‘prejudice and paranoia’

Hinkley alternatives ‘offer huge saving’

Opting for offshore wind farms and gas could save £1bn a year

Protesters campaign against BBC bias ahead of the 2014 independence referendum outside the headquarters in Glasgow
©Duncan Bryceland/Rex/Shutterstock

BBC works to restore trust in Scotland

Affection for broadcaster but some doubt impartiality of news

©FT montage

Pensions and demographics: a Q&A

Pension promises challenged by unhelpful demographics

Fears of new crisis on Britain’s railways

After Brexit vote, some industry insiders say groups risk seeing growth fall short of forecasts

WhatsApp paves way for business messages

Policy shake-up puts app on course for generating revenue

Hotel becomes symbol of Italy’s devastation

Much of Hotel Roma is now rubble, like many buildings in Amatrice

Apple rushes out iPhone software patch

iOS update will plug three flaws exploited by hackers

Lord Sainsbury UK’s biggest political donor

More than £2m each for Labour and Lib Dems ahead of Brexit

Comment & Analysis

Ingram Pinn Illustration
©Ingram Pinn

Erdogan is fighting on too many fronts

As Biden visits Ankara, Turkey remains on a collision course with the west

©FT Graphics/Brian Saffer

How much do you pay your money manager?

Investment fees remain a minefield

Germany’s discipline comes at a high cost

Schäuble would do better to spend more money at home, writes Martin Sandbu

Conversation starters: Comments from our readers

"Free money has several effects. First, it gets thrown away. Second, it won't be paid back. Third, it destroys any incentive for reform of an economically inefficient legal infrastructure. And there aren't any EMs that are not dependent on China. So bad investments plus a slowing China equals default. Welcome bankruptcy the EM way! Zero recovery."
William Gamble on As China nears exhaustion investors must look elsewhere



"Auditors are ultimately human. Many are quite young and may not have the experience to spot highly complex or sophisticated fraud. The move to machine learning and AI is interesting and could potentially remedy some of these issues insofar as this technology can digest more data far quicker than a any human. It is something the Big Four are looking at."
Charlie 1987 on Accountancy’s Big Four need more competition



Market-moving news and views, 24 hours a day

Sorry, Fast FT is unavailable at the moment

FOLLOW THE FT

PEOPLE IN THE NEWS


SHARE THIS QUOTE