Sign In
Subscribe
Open side navigation menu
Open search bar
Financial Times
Subscribe
Sign In
myFT
Search the
FT
Search
Close search bar
Home
World
Sections
World Home
Middle East war
Global Economy
UK
US
China
Africa
Asia Pacific
Emerging Markets
Europe
War in Ukraine
Americas
Middle East & North Africa
Most Read
Ukraine, Europe and the new economics of war
America’s economy is at the mercy of crony capitalism
Fed expected to cut rates despite deep divisions over US economic outlook
Japan frustrated at Trump administration’s silence over row with China
Lawmakers warn Trump administration against heavily redacting ‘Epstein files’
UK
Sections
UK Home
UK Economy
UK Politics
UK Companies
Personal Finance
Most Read
Young people risk losing benefits under UK welfare reforms
I’ve been caught out by a Ring doorbell — have you?
Cash in stocks-and-shares Isas could be taxed at 20%, industry warns
Atlantic Bastion: the UK’s response to Russia’s submarine threat
Leaders and laggards in a strong year for FTSE 100 stocks
Companies
Sections
Companies Home
Energy
Financials
Health
Industrials
Media
Professional Services
Retail & Consumer
Tech Sector
Telecoms
Transport
Most Read
Ben & Jerry’s founders told to ‘hand over to a new generation’ by Magnum boss
Tech elites are starting their own for-profit cities
Hollywood fears job cuts as opposition to Netflix-Warner deal grows
How Netflix stole Warner Bros from David Ellison
Europe captures record share of private capital
Tech
Sections
Tech Home
Artificial intelligence
Semiconductors
Cyber Security
Social Media
Most Read
Tech elites are starting their own for-profit cities
Chinese phonemakers seize on Apple’s AI struggles
Musk’s SpaceX targets $800bn valuation in latest share sale
Meta buys AI pendant start-up Limitless to expand hardware push
Dario Amodei, ‘safe AI’ evangelist eyes Anthropic IPO
Markets
Sections
Markets Home
Alphaville
Markets Data
Crypto
Capital Markets
Commodities
Currencies
Equities
Monetary Policy Radar
Wealth Management
Moral Money
ETF Hub
Fund Management
Trading
Most Read
Ben & Jerry’s founders told to ‘hand over to a new generation’ by Magnum boss
America’s economy is at the mercy of crony capitalism
Tech elites are starting their own for-profit cities
Netflix leans on $59bn bank loan to fund Warner Bros takeover
Ukraine’s Black Sea attacks trigger surge in shipping insurance prices
Climate
Opinion
Sections
Opinion Home
Columnists
The FT View
The Big Read
Lex
Obituaries
Letters
Most Read
The endless importance of good manners in the office
America’s economy is at the mercy of crony capitalism
It’s work party season — here’s a survival guide
Maga’s strange rage against Europe
I’ve been caught out by a Ring doorbell — have you?
Lex
Work & Careers
Sections
Work & Careers Home
Business School Rankings
Business Education
Europe's Start-Up Hubs
Entrepreneurship
Recruitment
Business Books
Business Travel
Working It
Most Read
The endless importance of good manners in the office
This party season, embrace the ‘vulnerability hangover’
Headspace CEO: ‘People are using AI tools not built for mental health’
Should captains always go down with their ships?
Life & Arts
Sections
Life & Arts Home
Arts
Books
Food & Drink
FT Magazine
House & Home
Style
Puzzles
Travel
FT Globetrotter
Most Read
Ukraine, Europe and the new economics of war
Hollywood fears job cuts as opposition to Netflix-Warner deal grows
It’s work party season — here’s a survival guide
How Netflix stole Warner Bros from David Ellison
Maga’s strange rage against Europe
HTSI
Menu
Search
Home
World
UK
Companies
Tech
Markets
Climate
Opinion
Lex
Work & Careers
Life & Arts
HTSI
Financial Times
Subscribe
Sign In
Search the
FT
Search
Close search bar
Looks like you can no longer use this link
Too many other people have used it to read this article before you.
To read the full story
Subscribe to the FT
Sign in
Check if your organisation subscribes to the FT
Feedback