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
China turns against Nvidia’s AI chip after Lutnick’s ‘insulting’ remarks
Why Sicilians hate Meloni’s bridge
Saudi Arabia’s 2029 Asian Winter Games at risk from snow mountain delay
Tech stocks slip as investors rotate towards defensive sectors
The ‘capital of capital’: Abu Dhabi’s pitch to become a global financial centre
UK
Sections
UK Home
UK Economy
UK Politics
UK Companies
Personal Finance
Most Read
What are Reeves’ options for raising property taxes?
UK asylum applications hit record 111,000 in Starmer’s first year in office
UK business activity rises to 12-month high in August
UK green power surges with record approvals for new renewable energy capacity
BlackRock advises investors to put more money into hedge funds
Companies
Sections
Companies Home
Energy
Financials
Health
Industrials
Media
Professional Services
Retail & Consumer
Tech Sector
Telecoms
Transport
Most Read
China turns against Nvidia’s AI chip after Lutnick’s ‘insulting’ remarks
WHSmith shares tumble 40% after North America accounting error
Tech stocks slip as investors rotate towards defensive sectors
The ‘capital of capital’: Abu Dhabi’s pitch to become a global financial centre
What are Reeves’ options for raising property taxes?
Tech
Sections
Tech Home
Artificial intelligence
Semiconductors
Cyber Security
Social Media
Most Read
China turns against Nvidia’s AI chip after Lutnick’s ‘insulting’ remarks
Tech stocks slip as investors rotate towards defensive sectors
US tech stocks hit by concerns over future of AI boom
The tech ‘sell-off’
Beware America’s AI colonialism
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
Tech stocks slip as investors rotate towards defensive sectors
Why Trump is really targeting India
The demise of the US bankruptcy lawyer
The illegal gold rush sweeping the world
US tech stocks hit by concerns over future of AI boom
Climate
Opinion
Sections
Opinion Home
Columnists
The FT View
The Big Read
Lex
Obituaries
Letters
Most Read
My date with an octopus
Half of Gen X has a pension problem
Trump’s roving banditry will undermine the US economy
Hizbollah is not the IRA
Trump’s ambiguity is the worst of all worlds
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
How to play the office politics game — and win
Life & Arts
Sections
Life & Arts Home
Arts
Books
Food & Drink
FT Magazine
House & Home
Style
Puzzles
Travel
FT Globetrotter
Most Read
My date with an octopus
Hot property: five homes in Corfu
Extreme Cashmere, the last word in stealth retail
Ice cream and Americana on an island-hopping adventure in Massachusetts
Hostage — Suranne Jones and Julie Delpy go head-to-head in nimble political thriller
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