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
Trump’s suit against Murdoch ruptures bond that shaped the US right
Trump sues Wall Street Journal’s publisher and Rupert Murdoch for $10bn
Japan tells its companies in Taiwan: ‘You’re on your own’
Trump pushes for 15%-20% minimum tariff on all EU goods
Pam Bondi, the Trump loyalist swallowed up by the Epstein affair
UK
Sections
UK Home
UK Economy
UK Politics
UK Companies
Personal Finance
Most Read
UK investors still face a gap between 1990s nostalgia and reality
The irresistible rise of the ‘quitfluencer’
The rise of early eating: restaurants adapt as diners shun late nights
Will a return to risk-taking rouse animal spirits?
Young doctors should demand more than a pay rise — they need a life
Companies
Sections
Companies Home
Energy
Financials
Health
Industrials
Media
Professional Services
Retail & Consumer
Tech Sector
Telecoms
Transport
Most Read
Trump’s suit against Murdoch ruptures bond that shaped the US right
Trump sues Wall Street Journal’s publisher and Rupert Murdoch for $10bn
Japan tells its companies in Taiwan: ‘You’re on your own’
HSBC renews search for chair after struggling to find suitable candidates
The rise and fall of Fred Goodwin
Tech
Sections
Tech Home
Artificial intelligence
Semiconductors
Cyber Security
Social Media
Most Read
Elon Musk backer Vy Capital closes to outside investors after windfall
Chatbots in the classroom: how AI is reshaping higher education
AI start-up Perplexity’s valuation tops $18bn months after latest funding round
‘No longer a pet project’: tiny Beijing stock exchange becomes IPO hub
Can finance put a stop to AI data mining?
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
UK investors still face a gap between 1990s nostalgia and reality
Will a return to risk-taking rouse animal spirits?
University of California fund ditches hedge funds with scathing rebuke
Global crypto assets hit $4tn as industry wins backing of US lawmakers
Don’t poison my golden goose, Rachel
Climate
Opinion
Sections
Opinion Home
Columnists
The FT View
The Big Read
Lex
Obituaries
Letters
Most Read
The unspoken truth about the baby bust
UK investors still face a gap between 1990s nostalgia and reality
Rising graduate joblessness is mainly affecting men. Will that last?
The irresistible rise of the ‘quitfluencer’
EU’s extra free cabin bag will weigh on airline passengers
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
Jesse Wilson: ‘I’ve always had that entrepreneurial itch’
Business school teaching case study: Powering entrepreneurs in rural towns
Life & Arts
Sections
Life & Arts Home
Arts
Books
Food & Drink
FT Magazine
House & Home
Style
Puzzles
Travel
FT Globetrotter
Most Read
The unspoken truth about the baby bust
The rise and fall of Fred Goodwin
The rise of early eating: restaurants adapt as diners shun late nights
The breakfast buffet is back with a vengeance
How can we learn to live in a world beset by wildfires?
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