In Today's FT: Ministers look at reshaping pensions lifeboat fund to give boost to business...
Financial Times sent this email to their subscribers on May 26, 2023.
Text-only version of this email
FINANCIAL TIMES To view this email as a webpage, click here FINANCIAL TIMES FINANCIAIL, Friday, 26 May 2023 UK Homepage Ministers look at reshaping pensions lifeboat fund to give boost to business Government examines sweeping change to role of Pension Protection Fund to unlock billions for investment Three of Europe’s biggest insurers quit industry net zero initiative Members fear lawsuits and have come under attack from Republican politicians in US UK retail investors piling into gilts, says AJ Bell Company says fixed-income products have become much more popular Britain’s record-high immigration — in charts The ONS’s net migration figure of 606,000 reflects hiring of healthcare workers and opening of humanitarian routes UK net immigration hits record high of 606,000 Pressure mounts on Sunak but statistics agency says inflows are now stabilising International Homepage US debt ceiling talks progress as deadline approaches Negotiators hope to finalise a two-year deal in the coming days as default looms JPMorgan to cut 1,000 First Republic employees Dismissals follow government-orchestrated takeover of California-based bank Nvidia races towards $1tn club as AI frenzy drives chip stocks higher Shares across semiconductor sector surge after Silicon Valley chipmaker delivers blowout financial report Solar power investment to exceed oil for first time, says IEA chief Fatih Birol hopeful about 1.5C goal as clean energy spending forecast to hit $1.7tn this year The fall of Vice: private equity’s ill-fated bet on media’s future The evaporation of TPG’s $450mn investment shows what can happen when Wall Street collides with an uncontrollable creative industry Markets Wall Street stocks led higher by Nvidia’s blowout results Traders pencil in higher US and UK interest rates after data Changing pensions regulations will not boost UK business investment The real problem is that British companies do not want to increase capital expenditure Anne Boden to step down as Starling chief to avoid potential conflict of interest Founder who owns 4.9% of digital bank will remain on board of directors The stark ‘de-risking’ choice facing economies Nations must seek to strengthen multilateralism or they will end up embracing economic decoupling PSA: no one should care about the US credit rating Wake us up when it’s SD* Companies UK failure to create post-Brexit chemical regulations risks ‘irreparable damage’ Government attempts to replicate EU system threatens innovation, warns industry Tesla to open its fast-charging stations to Ford drivers Elon Musk says he doesn’t want carmaker’s network to become a ‘walled garden’ as EV use expands China’s car market has become a Darwinian battleground Foreign makers have been caught out by speed of transition to electric vehicles and rapid rise of domestic rivals No ‘magic wand’ for financial pressures, Hunt tells pharma groups UK unveils reforms worth £650mn to boost the life sciences sector Vote to remove John Thompson is the culmination of one of the largest shareholder activism campaigns in years Comment Meta’s fine has repercussions for EU-US data flows Brussels and Washington need to find a route to a workable legal framework Nvidia: thanks to AI, the chips are up for CEO Jensen Huang Group’s market cap rise on Thursday was so vast that it is being measured in Intels Ukraine is already looking to a postwar digital future The success of the DIIA app maps out a new path for the country’s economy Business should stop griping about ‘comply or explain’ The UK’s trademark self regulatory approach to governance has been aped around the world AJ Bell: DIY investment platform runs rings round rivals Group assets under administration hit £68.6bn, up 7% since the start of the year. Management Some psychologists think we talk about the emotion in the wrong way Global shocks put Africa’s resilient spirit to the test Entrepreneurial flair continues to be key feature of continent’s economic dynamism Feedback Manage portfolio Follow the FT Twitter Facebook LinkedIn Instagram | My Account | RSS | | About Us | Help © THE FINANCIAL TIMES LTD 2023. All rights reserved. You have received this email because you have signed up from the NBE preference page. This email was sent by a company owned by Financial Times Group Limited (FT Group), registered office at Bracken House, 1 Friday Street, London EC4M 9BT. Registered in England and Wales with company number 879531.Show all