Should young people raid their pensions to buy a property?
As a 20-something graduate, my decision to snub a company pension scheme in favour of saving for a property deposit was a sacrifice I felt I had to make. I couldn’t afford to do both at the same time as repaying my student loan, even though it was minuscule by today’s standards, so I left … Read more
Sir Keir will love me, I’m doubling down on UK equities
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nineteen ninety five. Me and another asset management grad are in Balls Brothers wine bar after work. We’re discussing the industry with an old sales hand that we’ll call Peter, because that was his name. … Read more
Intangibles shine when tariffs hit the material world
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Deglobalisation is one response to tariffs. Dematerialisation is savvier. We are already replacing physical things with intangibles: streaming rather than buying DVDs; kids playing Roblox instead of amassing dolls. Getting a virtual update, whether for … Read more
Trump Imposes Tariffs on Remote Islands
President Trump’s tariffs have spared almost no corner of the Earth. Even tiny, sparsely populated islands that export close to nothing. Among the countries and territories listed on sheets of paper that were distributed to reporters in the White House Rose Garden on Wednesday were Heard Island and McDonald Islands, Australian territories near Antarctica where … Read more
How to sift through Trump’s retail discount rack
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world President Trump’s tariffs have poked a hole in retail and apparel stocks on both sides of the Atlantic. Nike, Adidas, Puma, Lululemon Athletica, Amer Sports and Abercrombie & Fitch all dropped more than … Read more
Britain’s fiscal framework is not fit for purpose
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It was not meant to be like this. The independent Office for Budget Responsibility was established to ensure UK governments fixed their finances instead of fiddling the figures. But 15 years on, we are witnessing … Read more
how adaptability under Nadella is paying off
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. When Bill Gates and Paul Allen founded the company they called Micro-Soft 50 years ago this week, it was to sell a version of the Basic computer language for the Altair, the first proto-PC. Their … Read more
More Penguins Than People: Trump Imposes Tariffs on Remote Islands
President Trump’s tariffs have spared almost no corner of the Earth. Even tiny, sparsely populated islands that export close to nothing. Among the countries and territories listed on sheets of paper that were distributed to reporters in the White House Rose Garden on Wednesday were Heard Island and McDonald Islands, Australian territories near Antarctica where … Read more
How our social structures shape our DNA — and vice versa
How our social structures shape our DNA — and vice versa