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Lex

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Lex is a premium financial commentary service from the Financial Times. It is arguably the world's most influential column of its kind, published daily since 1945. An award-winning team across four time zones helps readers make better investment decisions by highlighting key risks and opportunities.

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  • Saturday, 2 July, 2022
    Tobacco
    Smoking: Europeans need more than a ban on flavoured products to go tobacco-free Premium content

    While smoking is less popular on both sides of the Atlantic, Europe’s habit is proving harder to crack

  • Friday, 1 July, 2022
    Financial & markets regulation
    Insurance/Solvency II: cautious sector has no appetite for rapid change Premium content

    Industry regulator, with its mandate to ensure stability, has been pitted against the government

  • Friday, 1 July, 2022
    Shell plc
    Russia/Sakhalin-2: nationalisation sends message to Shell and its peers Premium content

    Russia does not want Shell to remain a phantom shareholder, providing no capital or operational expertise

  • Friday, 1 July, 2022
    Health Care
    Walgreens: without a sale of Boots, US group needs a health check Premium content

    Owning physical drugstores is not the cash cow it once was

  • Friday, 1 July, 2022
    Elaine Moore
    The Lex Newsletter: stress tests, sanctions and strikes Premium content

    Russia | China coal | Japanese power | Royal Mail | Big Tech | US banking sector

  • Thursday, 30 June, 2022
    Retail & Consumer industry
    US retailers: patience not only a virtue but a privilege Premium content

    Pace of reversal in customer tastes in a weakening economy has been head-spinning

  • Thursday, 30 June, 2022
    Utilities
    Thames Water/utilities: investors tapped for cash after deluge of complaints Premium content

    Mounting public anger over pollution will force slowpokes to clean up their act

  • Thursday, 30 June, 2022
    Reckitt Benckiser Group PLC
    Reckitt Benckiser: infant formula sale is in jeopardy but sales are rising Premium content

    Company’s guidance for 2022 organic sales growth at the upper end of 1-4 per cent may climb

  • Thursday, 30 June, 2022
    Coal
    China coal: fat margins for producers as green energy movement goes on pause Premium content

    The rest of the world’s aversion to buying Russian coal just means plentiful, cheaper sales for China

  • Thursday, 30 June, 2022
    Shopify
    Shopify: Amazon-like ecommerce expansion comes with big bills Premium content

    The reality of slowing sales growth must be taken into account

  • Thursday, 30 June, 2022
    Uber Technologies Inc
    Uber: stakes in rival companies no longer make sense Premium content

    The group has waited too long to gain any returns on sideline equity investments

  • Wednesday, 29 June, 2022
    Digital currencies
    US banking sector: Stress test results compare favourably with crypto crash Premium content

    Newfangled lenders had effectively become banks

  • Wednesday, 29 June, 2022
    Pinterest Inc
    Pinterest: pinning ecommerce hopes on new CEO Premium content

    Co-founder of social media platform replaced with Google veteran Bill Ready

  • Wednesday, 29 June, 2022
    Royal Mail PLC
    Royal Mail: a more efficient service is needed to finance bigger pay Premium content

    A strike will damage the reputation of the UK’s biggest delivery group but the impact on revenues may be modest

  • Wednesday, 29 June, 2022
    Tata Motors Ltd
    Tata/Renesas: Indian electric cars as the new hedge Premium content

    Partnership could reinvigorate the shares of both groups in the long term

  • Wednesday, 29 June, 2022
    Sujeet Indap
    The Lex Newsletter: US airline merger fight mirrors travel complexities Premium content

    Neither bid for Spirit looks like a slam dunk to pass the scrutiny of competition authorities

  • Tuesday, 28 June, 2022
    Nike Inc
    Nike/China: consumer market is yet to fully open Premium content

    Don’t take the easing of pandemic restrictions as a sign that the country is returning to normality

  • Tuesday, 28 June, 2022
    UK politics & policy
    Criminal barristers’ strike: crime doesn’t pay for advocates Premium content

    Righting the scales of justice requires fundamental change to remuneration system

  • Tuesday, 28 June, 2022
    Jupiter Fund Management PLC
    Jupiter: continuity candidate could struggle to stem outflows Premium content

    Underperformance makes London-listed fund manager vulnerable to a bid

  • Tuesday, 28 June, 2022
    Oil & Gas industry
    Russia/energy price cap: complex plan may not be needed Premium content

    Tracking the provenance of refined fuel exports could make any such move devilishly hard

  • Tuesday, 28 June, 2022
    Utilities
    Japanese power: utility companies struggle to cover rising input costs Premium content

    More attention should be paid to continuing disaster-related expenses

  • Monday, 27 June, 2022
    Revlon Inc
    Revlon/meme stocks: continued speculation hints that bear market is not over Premium content

    Retail traders hoping to have snagged the next Hertz risk being disappointed

  • Monday, 27 June, 2022
    Big tech
    Big Tech: bloated overheads mean earnings risk ahead Premium content

    Big workforces mean higher fixed costs — a problem when revenue growth falls

  • Monday, 27 June, 2022
    G7
    Russia/sanctions: G7 seeks more damage to the war machine, less to its own economies Premium content

    Europe has halved its reliance on Russian gas but it is running out of short-term fixes

  • Monday, 27 June, 2022
    London fights for its future
    London: global city status is hard to burnish by prescription Premium content

    Leading position under threat with finance just one area where UK capital has slipped

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