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
UK deputy prime minister Angela Rayner admits underpaying tax
Xi hails ‘unstoppable’ China at landmark military parade with Putin and Kim
Global bonds rally after poor US economic data
The historical necessity of Starmer’s failure
Crypto scandal sinks Russian elite’s $8.5mn polar party cruise
UK
Sections
UK Home
UK Economy
UK Politics
UK Companies
Personal Finance
Most Read
UK deputy prime minister Angela Rayner admits underpaying tax
The historical necessity of Starmer’s failure
Rachel Reeves opts for late Budget
Cut spending to fix UK public finances, investors urge Reeves
The UK is a fiscal saint, not a sinner
Companies
Sections
Companies Home
Energy
Financials
Health
Industrials
Media
Professional Services
Retail & Consumer
Tech Sector
Telecoms
Transport
Most Read
Vitol: the secretive trading giant minting fortunes for its employees
BMW to unveil ‘superbrain’ EVs to challenge Chinese rivals
Intern wanted. Monthly salary: $35k
Crypto scandal sinks Russian elite’s $8.5mn polar party cruise
Top pension fund pulls €14bn from BlackRock in sustainability pivot
Tech
Sections
Tech Home
Artificial intelligence
Semiconductors
Cyber Security
Social Media
Most Read
Google shares jump after judge refrains from ordering break-up
How AI models can optimise for malice
Why memory chips are the new frontier of the AI revolution
AI start-up Anthropic valued at $170bn in expanded funding round
Why AI labs struggle to stop chatbots talking to teenagers about suicide
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
Vitol: the secretive trading giant minting fortunes for its employees
Global bonds rally after poor US economic data
Intern wanted. Monthly salary: $35k
Crypto scandal sinks Russian elite’s $8.5mn polar party cruise
Top pension fund pulls €14bn from BlackRock in sustainability pivot
Climate
Opinion
Sections
Opinion Home
Columnists
The FT View
The Big Read
Lex
Obituaries
Letters
Most Read
The historical necessity of Starmer’s failure
The UK is a fiscal saint, not a sinner
Norway says pump it up on oil and gas for now
Gold and the US mess
How AI models can optimise for malice
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
Nestlé’s CEO ousting makes case for corporate ‘veep’
A field guide to flirting in Miami
Six of London’s best noodle spots, by Bao restaurateur Erchen Chang
Graduates turn to masters in management in tough jobs market
Business school teaching case study: Divestment or engagement?
Life & Arts
Sections
Life & Arts Home
Arts
Books
Food & Drink
FT Magazine
House & Home
Style
Puzzles
Travel
FT Globetrotter
Most Read
Crypto scandal sinks Russian elite’s $8.5mn polar party cruise
Why the world fell out of love with luxury
Recipe: The cult New York salad that will make you love celery
Philippe Starck’s latest hotel fantasy? A gothic mansion in the sky
Condé Nast appoints Chloe Malle to run American Vogue
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