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
The world is changing, the US market is not
Rachel Reeves set to cut cash Isa allowance
US dollar suffers worst start to year since 1973
Canada scraps tech tax to advance Trump trade talks
UK disposable income falls at fastest rate since 2023
UK
Sections
UK Home
UK Economy
UK Politics
UK Companies
Personal Finance
Most Read
Rachel Reeves set to cut cash Isa allowance
UK disposable income falls at fastest rate since 2023
Lifetime Isa raises risk of making poor financial decisions, say MPs
What has Labour achieved after 1 year in government?
UK launches biggest financial advice shake-up in more than a decade
Companies
Sections
Companies Home
Energy
Financials
Health
Industrials
Media
Professional Services
Retail & Consumer
Tech Sector
Telecoms
Transport
Most Read
The boomerang bankers for whom escape becomes exile
Rachel Reeves set to cut cash Isa allowance
US shoppers ditch Shein and Temu as Trump closes tax loophole
The vulnerabilities holding back Chinese industry
Bupa fined $23mn in Australia after ‘unconscionable conduct’
Tech
Sections
Tech Home
Artificial intelligence
Semiconductors
Cyber Security
Social Media
Most Read
Microsoft claims AI diagnostic tool can outperform doctors
Trump says he has found group of ‘wealthy people’ to buy TikTok
Nvidia insiders cash out $1bn worth of shares
Smelters say they are losing power battle with Big Tech
Inside the British lab growing a biological computer
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
The world is changing, the US market is not
Rachel Reeves set to cut cash Isa allowance
US dollar suffers worst start to year since 1973
UK launches biggest financial advice shake-up in more than a decade
US stock market comeback tests investor faith in rotation to Europe
Climate
Opinion
Sections
Opinion Home
Columnists
The FT View
The Big Read
Lex
Obituaries
Letters
Most Read
The boomerang bankers for whom escape becomes exile
The world is changing, the US market is not
Nato’s summit cannot disguise Ukraine’s plight
Get ready to embark on a new era of financial repression
India enters a war of words
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 boomerang bankers for whom escape becomes exile
See a physio, quit the fizzy drinks: employers intervene to stem ill-health exodus
Dressing up or giving up? The heatwave trials of commuter clothing
Wimbledon 2025: the players to watch
Problem at work? You’ll be hearing from my chatbot
Life & Arts
Sections
Life & Arts Home
Arts
Books
Food & Drink
FT Magazine
House & Home
Style
Puzzles
Travel
FT Globetrotter
Most Read
Hauser & Wirth owners join wealthy UK exodus with move to Switzerland
Dressing up or giving up? The heatwave trials of commuter clothing
Hot properties: six island homes in the British Isles
Wimbledon 2025: the players to watch
Olivia Rodrigo and Robert Smith unite Glastonbury present and past
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