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Financial Times

The Financial Times (FT)[nb 1] is a British daily business newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions.[6][7] The newspaper has a prominent focus on financial journalism and economic analysis rather than generalist reporting, drawing both criticism and acclaim. It sponsors an annual book award and publishes a "Person of the Year" feature. The Financial Times has been called by UC Berkeley economist Bradford DeLong "the best newspaper in the world".[8]

Financial Times
Cover of the 22 February 2021 issue
TypeDaily newspaper
Format
Owner(s)The Financial Times Ltd.
(Nikkei Inc.)
Founder(s)James Sheridan
EditorRoula Khalaf
Deputy editorPatrick Jenkins
Founded9 January 1888; 135 years ago (1888-01-09)
Political alignmentLiberalism[1]
Conservative liberalism[2]
Centre[3] to centre-right[4]
LanguageEnglish
HeadquartersBracken House
London, England
Circulation128,794 (as of December 2022)[5]
ISSN0307-1766
Websitewww.ft.com

The paper was founded in January 1888 as the London Financial Guide before rebranding a month later as the Financial Times. It was first circulated around metropolitan London by James Sheridan, who, along with his brother and Horatio Bottomley, sought to report on city business opposite the Financial News. The succeeding half-century of competition between the two papers eventually culminated in a 1945 merger, led by Brendan Bracken, which established it as one of the largest business newspapers in the world. Globalisation from the late 19th to mid-20th centuries facilitated editorial expansion for the FT, with the paper adding opinion columns, special reports, political cartoons, readers' letters, book reviews, technology articles and global politics features. The paper is often characterised by its light-pink (salmon) newsprint. It is supplemented by its lifestyle magazine (FT Magazine), weekend edition (FT Weekend) and some industry publications.

The editorial stance of the Financial Times centres on economic liberalism, particularly advocacy of free trade and free markets. Since its founding it has supported liberal democracy, favouring classically liberal politics and policies from international governments; its newsroom is independent from its editorial board, and it is considered a newspaper of record. Due to its history of economic commentary, the FT publishes a variety of financial indices, primarily the FTSE All-Share Index. Since the late 20th century, its typical depth of coverage has linked the paper with a white-collar, educated, and financially literate readership.[9][10] Because of this tendency, the FT has traditionally been regarded as a centre[11] to centre-right[12] liberal,[13] neoliberal,[14] and conservative-liberal[2] newspaper. The Financial Times is headquartered in Bracken House at 1 Friday Street, near the city's financial centre, where it maintains its publishing house, corporate centre, and main editorial office.

History

 
The front page of the Financial Times on 13 February 1888

The FT was launched as the London Financial Guide on 10 January 1888, renaming itself the Financial Times on 13 February the same year. Describing itself as the friend of "The Honest Financier, the Bona Fide Investor, the Respectable Broker, the Genuine Director, and the Legitimate Speculator", it was a four-page journal. The readership was the financial community of the City of London, its only rival being the more daring and slightly older (founded in 1884) Financial News. On 2 January 1893 the FT began printing on light pink paper to distinguish it from the similarly named Financial News: at the time it was also cheaper to print on unbleached paper (several other more general newspapers, such as The Sporting Times, had the same policy), but nowadays it is more expensive as the paper has to be dyed specially.[15]

After 57 years of rivalry, the Financial Times and the Financial News were merged in 1945 by Brendan Bracken to form a single six-page newspaper. The Financial Times brought a higher circulation, while the Financial News provided much of the editorial talent. The Lex column was also introduced from Financial News.[16]

Gordon Newton, a Cambridge graduate, took over as Editor in 1949, and immediately introduced a policy (then most unusual in Fleet Street) of direct recruitment of new university graduates, mainly from Oxbridge, as its trainee journalists. Many of them proceeded to have distinguished careers elsewhere in journalism and British public life, and became the mainstay of the paper's own editorial strengths until the 1990s. The first such 'direct recruit' was future leading British economist Andrew Shonfield; the second was (later Sir) William Rees-Mogg who went on, via The Sunday Times, to edit The Times in 1967 following its acquisition by Roy Thomson. Other FT Oxbridge recruits included the future Chancellor of the Exchequer Nigel Lawson. The FT's distinctive recruitment policy for Fleet Street journalists was never popular with the National Union of Journalists and ceased in 1966 following the recruitment of Richard Lambert from Oxford, himself a future Editor of the FT. Meanwhile, Pearson had bought the paper in 1957.[17] Over the years the paper grew in size, readership and breadth of coverage. It established correspondents in cities around the world, reflecting a renewed impetus in the world economy towards globalisation. As cross-border trade and capital flows increased during the 1970s, the FT began international expansion, facilitated by developments in technology and the growing acceptance of English as the international language of business. On 1 January 1979 the first FT (Continental Europe edition) was printed outside the UK, in Frankfurt; printing in the U.S. began in July 1985.[18] Since then, with increased international coverage, the FT has become a global newspaper, printed in 22 locations with five international editions to serve the UK, continental Europe, the U.S., Asia and the Middle East.[19]

The European edition is distributed in continental Europe and Africa. It is printed Monday to Saturday at five centres across Europe, reporting on matters concerning the European Union, the euro and European corporate affairs.[20] In 1994 FT launched a luxury lifestyle magazine, How To Spend It. In 2009 it launched a standalone website for the magazine.[21] On 13 May 1995 the Financial Times group made its first foray into the online world with the launch of FT.com. This provided a summary of news from around the globe, which was supplemented in February 1996 with stock price coverage. The second-generation site was launched in spring 1996. The site was funded by advertising and contributed to the online advertising market in the UK in the late 1990s. Between 1997 and 2000 the site underwent several revamps and changes of strategy, as the FT Group and Pearson reacted to changes online. FT introduced subscription services in 2002.[22] FT.com is one of the few UK news sites successfully funded by individual subscription.

In 1997 the FT launched a U.S. edition, printed in New York, Chicago, Los Angeles, San Francisco, Dallas, Atlanta, Orlando and Washington, D.C., although the newspaper was first printed outside New York City in 1985. In September 1998 the FT became the first UK-based newspaper to sell more copies internationally than within the UK. In 2000 the Financial Times started publishing a German-language edition, Financial Times Deutschland, with a news and editorial team based in Hamburg. Its initial circulation in 2003 was 90,000. It was originally a joint venture with a German publishing firm, Gruner + Jahr. In January 2008 the FT sold its 50% stake to its German partner.[23] FT Deutschland never made a profit and is said to have accumulated losses of €250 million over 12 years. It closed on 7 December 2012.[24][25] The Financial Times launched a new weekly supplement for the fund management industry on 4 February 2002. FT fund management (FTfm) was and still is distributed with the paper every Monday. FTfm is the world's largest-circulation fund management title.[26] Since 2005 the FT has sponsored the annual ''Financial Times'' and Goldman Sachs Business Book of the Year Award.[27]

 
The former London offices of the Financial Times at One Southwark Bridge

On 23 April 2007, the FT unveiled a "refreshed" version of the newspaper and introduced a new slogan, "We Live in Financial Times".[28] In 2007 the FT pioneered a metered paywall, which let visitors to its website read a limited number of free articles during any one month before asking them to pay.[29] Four years later the FT launched its HTML5 mobile internet app. Smartphones and tablets now drive 12% of subscriptions and 19% of traffic to FT.com.[30] In 2012 the number of digital subscribers surpassed the circulation of the newspaper for the first time and the FT drew almost half of its revenue from subscriptions rather than advertising.[31][32]

The FT has been available on Bloomberg Terminal since 2010[33] and on the Wisers platform since 2013.[34] From 2015, instead of the metered paywall on the website, visitors were given unlimited free access for one month, after which they needed to subscribe.[7][35] Pearson sold the Financial Times Group to Nikkei, Inc. for £844 million (US$1.32 billion) in July 2015.[36][37][38] In 2016, the Financial Times acquired a controlling stake in Alpha Grid, a London-based media company specialising in the development and production of quality branded content across a range of channels, including broadcast, video, digital, social and events.[39] In 2018, the Financial Times acquired a controlling stake in Longitude, a specialist provider of thought leadership and research services to a multinational corporate and institutional client base.[40] This investment built on the Financial Times' recent growth in several business areas, including branded content via the acquisition of Alpha Grid, and conferences and events through Financial Times Live and extends the FT's traditional commercial offering into a wider set of integrated services. In 2020, reporter Mark Di Stefano resigned from the Financial Times after hacking into Zoom calls at other media organisations including The Independent and the Evening Standard.

In 2020, the retraction of an opinion piece by a reporter for the Financial Times generated a controversy about the editorial independence of the paper from outside political pressure. The controversy followed the withdrawal by the newspaper's editor of an opinion piece by FT's Brussels correspondent Mehreen Khan that was critical of French President Emmanuel Macron's policy towards Muslim minorities in France. The piece was withdrawn from the FT website on the same day as its publication.[41] President Macron subsequently published a letter in the FT directly responding to the arguments of the original opinion piece, even if it the original opinion piece was no longer available on the website of the newspaper.[42] The editor of the FT, Roula Khalaf, who took the decision to withdraw the initial article, acknowledged having been contacted by the Élysée Palace regarding the article, and defended her decision on the basis purely of several factual errors in the original piece by Mehreen Khan.[43]

Wirecard exposé

In January 2019, the FT began a series of investigative articles detailing fraud suspicions at German payments group Wirecard. When the Wirecard share price plunged, German news media speculated that market manipulation was behind this attack on a German corporate, focusing on the lead author of the FT series, Dan McCrum. The Public prosecutor's office in Munich subsequently launched an investigation.[44] After the formal complaint of an investor, Wirecard and the German Federal Financial Supervisory Authority (BaFin), the responsible state's attorney announced investigations into several FT journalists.[45]

On 22 June 2020 and after 18 months of investigations and an external audit, Wirecard announced that €1.9 billion worth of cash reported in its accounts "may not exist". The company subsequently filed for insolvency.[46] BaFin itself became subject of a European Securities and Markets Authority investigation for its response to the scandal.[47]

Audience

According to the Global Capital Markets Survey, which measures readership habits among most senior financial decision makers in the world's largest financial institutions, the Financial Times is considered the most important business read, reaching 36% of the sample population, 11% more than The Wall Street Journal (WSJ), its main rival. The Economist, which was once 50% owned by FT, reaches 32%. FT's The Banker also proved vital reading, reaching 24%.[48] In addition, the FT was regarded as the most credible publication in reporting financial and economic issues among the Worldwide Professional Investment Community audience. The Economist was rated the third-most-credible title by most influential professional investors, while the WSJ was second.[49]

Content

The FT is split into two sections. The first section covers domestic and international news, editorial commentary on politics and economics from FT journalists such as Martin Wolf, Gillian Tett and Edward Luce, and opinion pieces from globally renowned leaders, policymakers, academics and commentators. The second section consists of financial data and news about companies and markets. Despite being generally regarded as primarily a financial newspaper, it does also contain TV listings, weather and other more informal articles. In 2021 and 2022, the outlet began focusing more on the cryptocurrency industry, launching a Digital Assets Dashboard, publishing multi-asset crypto indexes, starting a Cryptofinance newsletter dedicated to digital assets, and recruiting more journalists to cover the sector.[50][51] About 110 of its 475 journalists are outside the United Kingdom.

The Lex column

The Lex column is a daily feature on the back page of the first section. It features analyses and opinions covering global economics and finance. The FT calls Lex its agenda-setting column. The column first appeared on Monday, 1 October 1945. The name may originally have stood for Lex Mercatoria, a Latin expression meaning literally "merchant law". It was conceived by Hargreaves Parkinson for the Financial News in the 1930s, and moved to the Financial Times when the two merged.

Lex boasts some distinguished alumni who have gone on to make careers in business and government—including Nigel Lawson (former Conservative Chancellor of the Exchequer), Richard Lambert (CBI director and former member of the Bank of England's monetary policy committee), Martin Taylor (former chief executive of Barclays), John Makinson (chairman and chief executive of Penguin), John Gardiner (former chairman of Tesco), David Freud (former UBS banker and Labour adviser, now a Conservative peer), John Kingman (former head of UKFI and a banker at Rothschild's), George Graham (RBS banker), Andrew Balls (head of European portfolio management at PIMCO) and Jo Johnson (former Conservative Member of Parliament for Orpington).[52]

FT Weekend

The FT publishes a Saturday edition of the newspaper titled the Financial Times Weekend. It consists of international economic and political news, Companies & Markets, Life & Arts, House & Home and FT Magazine.

How to Spend It

How to Spend It (HTSI) is a weekly magazine published with FT Weekend. Founded and launched by Julia Carrick[53] with Lucia van der Post as founding editor,[54] its articles concern luxury goods such as yachts, mansions, apartments, horlogerie, haute couture and automobiles, as well as fashion and columns by individuals in the arts, gardening, food, and hotel and travel industries. How to Spend It started in 1967 as a one-page consumer goods feature in the newspaper, which was edited by Sheila Black, the FT's first female journalist, a former actor.[55] To celebrate its 15th anniversary, FT launched the online version of this publication on 3 October 2009.[54]

Some media commentators were taken aback by the online launch of a website supporting conspicuous consumption during the financial austerity of the late-2000s recession.[54] The magazine has been derided in rival publishers' blogs, as "repellent" in the Telegraph[56] and "a latter-day Ab Fab manual" in the Guardian.[57] A 'well-thumbed' copy of the supplement was found when rebel forces broke into Colonel Gaddafi's Tripoli compound during the 2011 Libyan Civil War.[58]

In September 2021, an Arabic version of HTSI was launched by Othman Al Omeir, founder of Elaph online newspaper.[59] HTSI Arabic is published in London.[59]

Editorial stance

 
Russian president Vladimir Putin being interviewed by Lionel Barber and Henry Foy of the Financial Times in 2019

The FT advocates free markets, and is in favour of globalisation. During the 1980s, it supported Margaret Thatcher and Ronald Reagan's monetarist policies.[citation needed] It has supported the UK Labour Party in the past, including at the general election in 1992 when Neil Kinnock was Labour leader. The FT's editorials tend to be pro-European.[60] The FT was firmly opposed to the Iraq War.[60] Due to its advocacy of free markets and free trade, it is often identified as centrist[61] to centre-right[62] in its political positions.

The modern FT is a product of a merger of two smaller newspapers in 1945; since that time, the paper had backed the Conservatives fairly consistently, but Labour's tacking to the centre, combined with the Conservatives' embracement of Euroscepticism, led the FT to reverse course and back Labour from 1992 until 2010, when the FT returned to the Conservative Party. Euroscepticism further drove a wedge between the FT and the Conservatives in 2019, when the paper refused to make an endorsement, appalled at Labour's socialist economic policies (for wanting to "reverse, not revise, the Thatcherite revolution of the 1980s") and the Conservatives' commitment to a hard Brexit.[63][non-primary source needed][original research?]

United Kingdom politics

In the 2010 United Kingdom general election, the FT was receptive to the Liberal Democrats' positions on civil liberties and political reform, and praised the then Labour Party leader Gordon Brown for his response to the global financial crisis of 2007–2008, but on balance it backed the Conservatives, while questioning their tendency to Euroscepticism.[64]

In the 2015 United Kingdom general election, the FT called for the continuation of the Conservative-Liberal Democrat coalition that had governed for the previous five years.[65] In the 2017 United Kingdom general election, a Financial Times editorial reluctantly backed Conservative Theresa May over Labour Jeremy Corbyn, while warning about her stance on immigration and the Eurosceptic elements in her party.[66] The Financial Times declared 2019 general election a "fateful election" that "offers no good choices".[67]

United States politics

In the 2008 United States presidential election, the Financial Times endorsed Barack Obama. While it raised concerns over hints of protectionism, it praised his ability to "engage the country's attention", his calls for a bipartisan politics, and his plans for "comprehensive health-care reform".[68] The FT favoured Obama again in the 2012 United States presidential election.[69] The FT endorsed Democratic candidate Hillary Clinton in the run-up to the 2016 United States presidential election and Joe Biden in the 2020 United States presidential election.[70][71]

Ownership and related publications

 
The FT has been owned by Nikkei since 2015; the Japanese holding company purchased the paper for £844m (US$1.32 billion)

On 23 July 2015, Nikkei, Inc. agreed to buy the Financial Times Group, a division of Pearson plc since 1957, for £844m (US$1.32 billion)[36][37] and the acquisition was completed on 30 November 2015.[38] Under the transaction agreement, Pearson retained the publishing rights to FT Press and licensed the trademark from Nikkei.[72] Until August 2015 the FT group had a 50% shareholding in The Economist, which was sold to the Agnelli family for £469 million.[73] Related publications include the Financial Times, FT.com, FT Search Inc., the publishing imprint FT Press and numerous joint ventures. In November 2013 it agreed to sell Mergermarket, an online intelligence reporting business, to the London private equity investor BC Partners.[74] In addition, the FT Group has a unit called FT Specialist, which is a provider of specialist information on retail, personal and institutional finance segments. It publishes The Banker, Money Management and Financial Adviser (a publication targeted at professional advisers), fDi Intelligence and Professional Wealth Management (PWM).[75]

The Financial Times Group announced the beta launch of newssift,[76] part of FT Search, in March 2009. Newssift.com is a next-generation search tool for business professionals that indexes millions of articles from thousands of global business news sources, not just the FT. The Financial Times Group acquired Money Media[77] (an online news and commentary site for the industry) and Exec-Appointments[78] (an online recruitment specialist site for the executive jobs market). The FT Group once had a 13.85% stake in Business Standard Ltd of India, the publisher of the Business Standard. It sold this stake in April 2008 and has entered into an agreement with Network 18 to launch the Financial Times in India,[79][80] though it is speculated that they may find it difficult to do so, as the brand 'Financial Times' in India is owned by The Times Group,[81] the publisher of The Times of India and The Economic Times. The group also publishes America's Intelligence Wire, a daily general newswire service.[82]

The Financial Times' Financial Publishing division (formerly FT Business) provides print and online content for retail, personal and institutional finance audiences. Examples of publications and services include: Investors Chronicle, a personal finance magazine and website; "FT Money", a weekly personal finance supplement in "FT Weekend"; FT Wealth, a magazine for the global high-net-worth community and FTfm, a weekly review of the global fund management industry, Money Management and Financial Adviser (a publication targeted at professional advisers). The institutional segment includes: The Banker, This Is Africa, fDi Intelligence and Professional Wealth Management (PWM).[83] Money-Media, a separate arm of Financial Publishing, delivers a range of digital information services for fund management professionals around the globe, including: Ignites, Ignites Europe, Ignites Asia, FundFire and BoardIQ. Financial Publishing includes publications (Pensions Expert and Deutsche Pensions & Investmentnachrichten) and events (Investment Expert) for the European pensions industry. The group also publishes MandateWire, a financial information company that provides sales and market intelligence for investment professionals in North America, Europe and Asia.[75]

FT Knowledge is an associated company which offers educational products and services. FT Knowledge has offered the "Introducing the City" course (which is a series of Wednesday night lectures and seminars, as well as weekend events) during each autumn and spring since 2000. FT Predict is a prediction market contest hosted by the Financial Times that allows users to buy and sell contracts based on future financial, political and news-driven events by spending fictional Financial Times Dollars (FT$). Based on the assumptions displayed in James Surowiecki's The Wisdom of Crowds, this contest allows people to use prediction markets to observe future occurrences while competing for weekly and monthly prizes.

The Financial Times also ran a business-related game called "In the Pink" (a phrase meaning "in good health", also a reference to the colour of the newspaper and to the phrase "in the red" meaning to be making a loss). Each player was put in the virtual role of Chief Executive and the goal was to have the highest profit when the game closes. The winner of the game (the player who makes the highest profit) was to receive a real monetary prize of £10,000. The game ran from 1 May to 28 June 2006.

Indices

 
A selection of FT market indices, 2019

The Financial Times collates and publishes a number of financial market indices, which reflect the changing value of their constituent parts. The longest-running of these was the former Financial News Index, started on 1 July 1935 by the Financial News. The FT published a similar index; this was replaced by the Financial News Index — which was then renamed the Financial Times (FT) Index — on 1 January 1947. The index started as an index of industrial shares, and companies with dominant overseas interests were excluded, such as the Anglo-Iranian Oil Company (later BP), British-American Tobacco, Lever Brothers (later Unilever) and Shell. The oil and financial sectors were included decades later.[84]

The FTSE All-Share Index, the first of the FTSE series of indices, was created in 1962, comprising the largest 594 UK companies by market capitalisation.[84] The letters F-T-S-E represented that FTSE was a joint venture between the Financial Times (F-T) and the London Stock Exchange (S-E). On 13 February 1984 the FTSE 100 was introduced, representing about eighty per cent of the London Stock Exchange's value.[84] FTSE Group was made an independent company in 1995. The first of several overseas offices was opened in New York City in 1999; Paris followed in early 2000, Hong Kong, Frankfurt and San Francisco in 2001, Madrid in 2002 and Tokyo in 2003.

Other well-known FTSE indices include the FTSE 350 Index, the FTSE SmallCap Index, the FTSE AIM UK 50 Index and FTSE AIM 100 Index as well as the FTSE AIM All-Share Index for stocks, and the FTSE UK Gilt Indices for government bonds.

In 2021, the Financial Times started publishing three multi-asset indexes with Wilshire Associates covering combinations of the top five cryptocurrencies.[85]

People

In July 2006, the FT announced a "New Newsroom" project to integrate the newspaper more closely with FT.com. At the same time it announced plans to cut the editorial staff from 525 to 475. In August 2006 it announced that all the required job cuts had been achieved through voluntary layoffs. A number of former FT journalists have gone on to high-profile jobs in journalism, politics and business. Robert Thomson, previously the paper's US managing editor, was the editor of The Times and is now the chief executive of News Corporation. Will Lewis, a former New York correspondent and News Editor for the FT, edited the Daily Telegraph and the Wall Street Journal. Dominic Lawson went on to become editor of the Sunday Telegraph until he was sacked in 2005. Andrew Adonis, a former education correspondent, became an adviser on education to the then British Prime Minister, Tony Blair, and was given a job as an education minister and a seat in the House of Lords after the 2005 election. Ed Balls became chief economic adviser to the Treasury, working closely with Gordon Brown, the chancellor of the exchequer (or finance minister), before being elected a Member of Parliament in 2005, and became Secretary of State for Children, Schools and Families in July 2007. Bernard Gray, a former defence correspondent and Lex columnist, was chief executive of the publishing company CMP before becoming chief executive of TSL Education, publisher of the Times Educational Supplement. David Jones, at one time the FT's Night Editor, then became Head of IT. He was a key figure in the newspaper's transformation from hot metal to electronic composition and then onto full-page pagination in the 1990s. He went on to become Head of Technology for the Trinity Mirror Group.

Sir Geoffrey Owen was the editor of the Financial Times from 1981 to 1990. He joined the Centre for Economic Performance (CEP) at the London School of Economics as Director of Business Policy in 1991 and was appointed Senior Fellow, Institute of Management, in 1997. He continues his work there.[86] During his tenure at the FT he had to deal with rapid technological change and issues related to it, for example repetitive strain injury (RSI), which affected dozens of FT journalists, reporters and staff in the late 1980s.

Editors

1889: Douglas MacRae
1890: William Ramage Lawson
1892: Sydney Murray
1896: A. E. Murray
1909: C. H. Palmer
1924: D. S. T. Hunter
1937: Archibald Chisholm
1940: Albert George Cole
1945: Hargreaves Parkinson
1949: Sir Gordon Newton
1973: Fredy Fisher
1981: Sir Geoffrey Owen
1991: Richard Lambert
2001: Andrew Gowers
2006: Lionel Barber
2020: Roula Khalaf

See also

Notes

  1. ^ FT is an initialism standing for Financial Times, and is printed in italics.

References

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External links

  • Official website

financial, times, british, daily, business, newspaper, printed, broadsheet, published, digitally, that, focuses, business, economic, current, affairs, based, london, england, paper, owned, japanese, holding, company, nikkei, with, core, editorial, offices, acr. The Financial Times FT nb 1 is a British daily business newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs Based in London England the paper is owned by a Japanese holding company Nikkei with core editorial offices across Britain the United States and continental Europe In July 2015 Pearson sold the publication to Nikkei for 844 million US 1 32 billion after owning it since 1957 In 2019 it reported one million paying subscriptions three quarters of which were digital subscriptions 6 7 The newspaper has a prominent focus on financial journalism and economic analysis rather than generalist reporting drawing both criticism and acclaim It sponsors an annual book award and publishes a Person of the Year feature The Financial Times has been called by UC Berkeley economist Bradford DeLong the best newspaper in the world 8 Financial TimesCover of the 22 February 2021 issueTypeDaily newspaperFormatBroadsheetdigitalOwner s The Financial Times Ltd Nikkei Inc Founder s James SheridanEditorRoula KhalafDeputy editorPatrick JenkinsFounded9 January 1888 135 years ago 1888 01 09 Political alignmentLiberalism 1 Conservative liberalism 2 Centre 3 to centre right 4 LanguageEnglishHeadquartersBracken HouseLondon EnglandCirculation128 794 as of December 2022 5 ISSN0307 1766Websitewww wbr ft wbr comThe paper was founded in January 1888 as the London Financial Guide before rebranding a month later as the Financial Times It was first circulated around metropolitan London by James Sheridan who along with his brother and Horatio Bottomley sought to report on city business opposite the Financial News The succeeding half century of competition between the two papers eventually culminated in a 1945 merger led by Brendan Bracken which established it as one of the largest business newspapers in the world Globalisation from the late 19th to mid 20th centuries facilitated editorial expansion for the FT with the paper adding opinion columns special reports political cartoons readers letters book reviews technology articles and global politics features The paper is often characterised by its light pink salmon newsprint It is supplemented by its lifestyle magazine FT Magazine weekend edition FT Weekend and some industry publications The editorial stance of the Financial Times centres on economic liberalism particularly advocacy of free trade and free markets Since its founding it has supported liberal democracy favouring classically liberal politics and policies from international governments its newsroom is independent from its editorial board and it is considered a newspaper of record Due to its history of economic commentary the FT publishes a variety of financial indices primarily the FTSE All Share Index Since the late 20th century its typical depth of coverage has linked the paper with a white collar educated and financially literate readership 9 10 Because of this tendency the FT has traditionally been regarded as a centre 11 to centre right 12 liberal 13 neoliberal 14 and conservative liberal 2 newspaper The Financial Times is headquartered in Bracken House at 1 Friday Street near the city s financial centre where it maintains its publishing house corporate centre and main editorial office Contents 1 History 1 1 Wirecard expose 2 Audience 3 Content 3 1 The Lex column 4 FT Weekend 4 1 How to Spend It 5 Editorial stance 5 1 United Kingdom politics 5 2 United States politics 6 Ownership and related publications 7 Indices 8 People 9 Editors 10 See also 11 Notes 12 References 13 External linksHistory Edit The front page of the Financial Times on 13 February 1888 The FT was launched as the London Financial Guide on 10 January 1888 renaming itself the Financial Times on 13 February the same year Describing itself as the friend of The Honest Financier the Bona Fide Investor the Respectable Broker the Genuine Director and the Legitimate Speculator it was a four page journal The readership was the financial community of the City of London its only rival being the more daring and slightly older founded in 1884 Financial News On 2 January 1893 the FT began printing on light pink paper to distinguish it from the similarly named Financial News at the time it was also cheaper to print on unbleached paper several other more general newspapers such as The Sporting Times had the same policy but nowadays it is more expensive as the paper has to be dyed specially 15 After 57 years of rivalry the Financial Times and the Financial News were merged in 1945 by Brendan Bracken to form a single six page newspaper The Financial Times brought a higher circulation while the Financial News provided much of the editorial talent The Lex column was also introduced from Financial News 16 Gordon Newton a Cambridge graduate took over as Editor in 1949 and immediately introduced a policy then most unusual in Fleet Street of direct recruitment of new university graduates mainly from Oxbridge as its trainee journalists Many of them proceeded to have distinguished careers elsewhere in journalism and British public life and became the mainstay of the paper s own editorial strengths until the 1990s The first such direct recruit was future leading British economist Andrew Shonfield the second was later Sir William Rees Mogg who went on via The Sunday Times to edit The Times in 1967 following its acquisition by Roy Thomson Other FT Oxbridge recruits included the future Chancellor of the Exchequer Nigel Lawson The FT s distinctive recruitment policy for Fleet Street journalists was never popular with the National Union of Journalists and ceased in 1966 following the recruitment of Richard Lambert from Oxford himself a future Editor of the FT Meanwhile Pearson had bought the paper in 1957 17 Over the years the paper grew in size readership and breadth of coverage It established correspondents in cities around the world reflecting a renewed impetus in the world economy towards globalisation As cross border trade and capital flows increased during the 1970s the FT began international expansion facilitated by developments in technology and the growing acceptance of English as the international language of business On 1 January 1979 the first FT Continental Europe edition was printed outside the UK in Frankfurt printing in the U S began in July 1985 18 Since then with increased international coverage the FT has become a global newspaper printed in 22 locations with five international editions to serve the UK continental Europe the U S Asia and the Middle East 19 The European edition is distributed in continental Europe and Africa It is printed Monday to Saturday at five centres across Europe reporting on matters concerning the European Union the euro and European corporate affairs 20 In 1994 FT launched a luxury lifestyle magazine How To Spend It In 2009 it launched a standalone website for the magazine 21 On 13 May 1995 the Financial Times group made its first foray into the online world with the launch of FT com This provided a summary of news from around the globe which was supplemented in February 1996 with stock price coverage The second generation site was launched in spring 1996 The site was funded by advertising and contributed to the online advertising market in the UK in the late 1990s Between 1997 and 2000 the site underwent several revamps and changes of strategy as the FT Group and Pearson reacted to changes online FT introduced subscription services in 2002 22 FT com is one of the few UK news sites successfully funded by individual subscription In 1997 the FT launched a U S edition printed in New York Chicago Los Angeles San Francisco Dallas Atlanta Orlando and Washington D C although the newspaper was first printed outside New York City in 1985 In September 1998 the FT became the first UK based newspaper to sell more copies internationally than within the UK In 2000 the Financial Times started publishing a German language edition Financial Times Deutschland with a news and editorial team based in Hamburg Its initial circulation in 2003 was 90 000 It was originally a joint venture with a German publishing firm Gruner Jahr In January 2008 the FT sold its 50 stake to its German partner 23 FT Deutschland never made a profit and is said to have accumulated losses of 250 million over 12 years It closed on 7 December 2012 24 25 The Financial Times launched a new weekly supplement for the fund management industry on 4 February 2002 FT fund management FTfm was and still is distributed with the paper every Monday FTfm is the world s largest circulation fund management title 26 Since 2005 the FT has sponsored the annual Financial Times and Goldman Sachs Business Book of the Year Award 27 The former London offices of the Financial Times at One Southwark Bridge On 23 April 2007 the FT unveiled a refreshed version of the newspaper and introduced a new slogan We Live in Financial Times 28 In 2007 the FT pioneered a metered paywall which let visitors to its website read a limited number of free articles during any one month before asking them to pay 29 Four years later the FT launched its HTML5 mobile internet app Smartphones and tablets now drive 12 of subscriptions and 19 of traffic to FT com 30 In 2012 the number of digital subscribers surpassed the circulation of the newspaper for the first time and the FT drew almost half of its revenue from subscriptions rather than advertising 31 32 The FT has been available on Bloomberg Terminal since 2010 33 and on the Wisers platform since 2013 34 From 2015 instead of the metered paywall on the website visitors were given unlimited free access for one month after which they needed to subscribe 7 35 Pearson sold the Financial Times Group to Nikkei Inc for 844 million US 1 32 billion in July 2015 36 37 38 In 2016 the Financial Times acquired a controlling stake in Alpha Grid a London based media company specialising in the development and production of quality branded content across a range of channels including broadcast video digital social and events 39 In 2018 the Financial Times acquired a controlling stake in Longitude a specialist provider of thought leadership and research services to a multinational corporate and institutional client base 40 This investment built on the Financial Times recent growth in several business areas including branded content via the acquisition of Alpha Grid and conferences and events through Financial Times Live and extends the FT s traditional commercial offering into a wider set of integrated services In 2020 reporter Mark Di Stefano resigned from the Financial Times after hacking into Zoom calls at other media organisations including The Independent and the Evening Standard In 2020 the retraction of an opinion piece by a reporter for the Financial Times generated a controversy about the editorial independence of the paper from outside political pressure The controversy followed the withdrawal by the newspaper s editor of an opinion piece by FT s Brussels correspondent Mehreen Khan that was critical of French President Emmanuel Macron s policy towards Muslim minorities in France The piece was withdrawn from the FT website on the same day as its publication 41 President Macron subsequently published a letter in the FT directly responding to the arguments of the original opinion piece even if it the original opinion piece was no longer available on the website of the newspaper 42 The editor of the FT Roula Khalaf who took the decision to withdraw the initial article acknowledged having been contacted by the Elysee Palace regarding the article and defended her decision on the basis purely of several factual errors in the original piece by Mehreen Khan 43 Wirecard expose Edit Main article Wirecard scandal In January 2019 the FT began a series of investigative articles detailing fraud suspicions at German payments group Wirecard When the Wirecard share price plunged German news media speculated that market manipulation was behind this attack on a German corporate focusing on the lead author of the FT series Dan McCrum The Public prosecutor s office in Munich subsequently launched an investigation 44 After the formal complaint of an investor Wirecard and the German Federal Financial Supervisory Authority BaFin the responsible state s attorney announced investigations into several FT journalists 45 On 22 June 2020 and after 18 months of investigations and an external audit Wirecard announced that 1 9 billion worth of cash reported in its accounts may not exist The company subsequently filed for insolvency 46 BaFin itself became subject of a European Securities and Markets Authority investigation for its response to the scandal 47 Audience EditAccording to the Global Capital Markets Survey which measures readership habits among most senior financial decision makers in the world s largest financial institutions the Financial Times is considered the most important business read reaching 36 of the sample population 11 more than The Wall Street Journal WSJ its main rival The Economist which was once 50 owned by FT reaches 32 FT s The Banker also proved vital reading reaching 24 48 In addition the FT was regarded as the most credible publication in reporting financial and economic issues among the Worldwide Professional Investment Community audience The Economist was rated the third most credible title by most influential professional investors while the WSJ was second 49 Content EditThe FT is split into two sections The first section covers domestic and international news editorial commentary on politics and economics from FT journalists such as Martin Wolf Gillian Tett and Edward Luce and opinion pieces from globally renowned leaders policymakers academics and commentators The second section consists of financial data and news about companies and markets Despite being generally regarded as primarily a financial newspaper it does also contain TV listings weather and other more informal articles In 2021 and 2022 the outlet began focusing more on the cryptocurrency industry launching a Digital Assets Dashboard publishing multi asset crypto indexes starting a Cryptofinance newsletter dedicated to digital assets and recruiting more journalists to cover the sector 50 51 About 110 of its 475 journalists are outside the United Kingdom The Lex column Edit The Lex column is a daily feature on the back page of the first section It features analyses and opinions covering global economics and finance The FT calls Lex its agenda setting column The column first appeared on Monday 1 October 1945 The name may originally have stood for Lex Mercatoria a Latin expression meaning literally merchant law It was conceived by Hargreaves Parkinson for the Financial News in the 1930s and moved to the Financial Times when the two merged Lex boasts some distinguished alumni who have gone on to make careers in business and government including Nigel Lawson former Conservative Chancellor of the Exchequer Richard Lambert CBI director and former member of the Bank of England s monetary policy committee Martin Taylor former chief executive of Barclays John Makinson chairman and chief executive of Penguin John Gardiner former chairman of Tesco David Freud former UBS banker and Labour adviser now a Conservative peer John Kingman former head of UKFI and a banker at Rothschild s George Graham RBS banker Andrew Balls head of European portfolio management at PIMCO and Jo Johnson former Conservative Member of Parliament for Orpington 52 FT Weekend EditThe FT publishes a Saturday edition of the newspaper titled the Financial Times Weekend It consists of international economic and political news Companies amp Markets Life amp Arts House amp Home and FT Magazine How to Spend It Edit How to Spend It HTSI is a weekly magazine published with FT Weekend Founded and launched by Julia Carrick 53 with Lucia van der Post as founding editor 54 its articles concern luxury goods such as yachts mansions apartments horlogerie haute couture and automobiles as well as fashion and columns by individuals in the arts gardening food and hotel and travel industries How to Spend It started in 1967 as a one page consumer goods feature in the newspaper which was edited by Sheila Black the FT s first female journalist a former actor 55 To celebrate its 15th anniversary FT launched the online version of this publication on 3 October 2009 54 Some media commentators were taken aback by the online launch of a website supporting conspicuous consumption during the financial austerity of the late 2000s recession 54 The magazine has been derided in rival publishers blogs as repellent in the Telegraph 56 and a latter day Ab Fab manual in the Guardian 57 A well thumbed copy of the supplement was found when rebel forces broke into Colonel Gaddafi s Tripoli compound during the 2011 Libyan Civil War 58 In September 2021 an Arabic version of HTSI was launched by Othman Al Omeir founder of Elaph online newspaper 59 HTSI Arabic is published in London 59 Editorial stance Edit Russian president Vladimir Putin being interviewed by Lionel Barber and Henry Foy of the Financial Times in 2019 The FT advocates free markets and is in favour of globalisation During the 1980s it supported Margaret Thatcher and Ronald Reagan s monetarist policies citation needed It has supported the UK Labour Party in the past including at the general election in 1992 when Neil Kinnock was Labour leader The FT s editorials tend to be pro European 60 The FT was firmly opposed to the Iraq War 60 Due to its advocacy of free markets and free trade it is often identified as centrist 61 to centre right 62 in its political positions The modern FT is a product of a merger of two smaller newspapers in 1945 since that time the paper had backed the Conservatives fairly consistently but Labour s tacking to the centre combined with the Conservatives embracement of Euroscepticism led the FT to reverse course and back Labour from 1992 until 2010 when the FT returned to the Conservative Party Euroscepticism further drove a wedge between the FT and the Conservatives in 2019 when the paper refused to make an endorsement appalled at Labour s socialist economic policies for wanting to reverse not revise the Thatcherite revolution of the 1980s and the Conservatives commitment to a hard Brexit 63 non primary source needed original research United Kingdom politics Edit In the 2010 United Kingdom general election the FT was receptive to the Liberal Democrats positions on civil liberties and political reform and praised the then Labour Party leader Gordon Brown for his response to the global financial crisis of 2007 2008 but on balance it backed the Conservatives while questioning their tendency to Euroscepticism 64 In the 2015 United Kingdom general election the FT called for the continuation of the Conservative Liberal Democrat coalition that had governed for the previous five years 65 In the 2017 United Kingdom general election a Financial Times editorial reluctantly backed Conservative Theresa May over Labour Jeremy Corbyn while warning about her stance on immigration and the Eurosceptic elements in her party 66 The Financial Times declared 2019 general election a fateful election that offers no good choices 67 FT endorsements 1979 2019 1979 Conservative1983 Conservative1987 Conservative1992 Labour1997 Labour2001 Labour2005 Labour2010 Conservative2015 Conservative2017 Conservative2019 No endorsementUnited States politics Edit In the 2008 United States presidential election the Financial Times endorsed Barack Obama While it raised concerns over hints of protectionism it praised his ability to engage the country s attention his calls for a bipartisan politics and his plans for comprehensive health care reform 68 The FT favoured Obama again in the 2012 United States presidential election 69 The FT endorsed Democratic candidate Hillary Clinton in the run up to the 2016 United States presidential election and Joe Biden in the 2020 United States presidential election 70 71 Ownership and related publications Edit The FT has been owned by Nikkei since 2015 the Japanese holding company purchased the paper for 844m US 1 32 billion On 23 July 2015 Nikkei Inc agreed to buy the Financial Times Group a division of Pearson plc since 1957 for 844m US 1 32 billion 36 37 and the acquisition was completed on 30 November 2015 38 Under the transaction agreement Pearson retained the publishing rights to FT Press and licensed the trademark from Nikkei 72 Until August 2015 the FT group had a 50 shareholding in The Economist which was sold to the Agnelli family for 469 million 73 Related publications include the Financial Times FT com FT Search Inc the publishing imprint FT Press and numerous joint ventures In November 2013 it agreed to sell Mergermarket an online intelligence reporting business to the London private equity investor BC Partners 74 In addition the FT Group has a unit called FT Specialist which is a provider of specialist information on retail personal and institutional finance segments It publishes The Banker Money Management and Financial Adviser a publication targeted at professional advisers fDi Intelligence and Professional Wealth Management PWM 75 The Financial Times Group announced the beta launch of newssift 76 part of FT Search in March 2009 Newssift com is a next generation search tool for business professionals that indexes millions of articles from thousands of global business news sources not just the FT The Financial Times Group acquired Money Media 77 an online news and commentary site for the industry and Exec Appointments 78 an online recruitment specialist site for the executive jobs market The FT Group once had a 13 85 stake in Business Standard Ltd of India the publisher of the Business Standard It sold this stake in April 2008 and has entered into an agreement with Network 18 to launch the Financial Times in India 79 80 though it is speculated that they may find it difficult to do so as the brand Financial Times in India is owned by The Times Group 81 the publisher of The Times of India and The Economic Times The group also publishes America s Intelligence Wire a daily general newswire service 82 The Financial Times Financial Publishing division formerly FT Business provides print and online content for retail personal and institutional finance audiences Examples of publications and services include Investors Chronicle a personal finance magazine and website FT Money a weekly personal finance supplement in FT Weekend FT Wealth a magazine for the global high net worth community and FTfm a weekly review of the global fund management industry Money Management and Financial Adviser a publication targeted at professional advisers The institutional segment includes The Banker This Is Africa fDi Intelligence and Professional Wealth Management PWM 83 Money Media a separate arm of Financial Publishing delivers a range of digital information services for fund management professionals around the globe including Ignites Ignites Europe Ignites Asia FundFire and BoardIQ Financial Publishing includes publications Pensions Expert and Deutsche Pensions amp Investmentnachrichten and events Investment Expert for the European pensions industry The group also publishes MandateWire a financial information company that provides sales and market intelligence for investment professionals in North America Europe and Asia 75 FT Knowledge is an associated company which offers educational products and services FT Knowledge has offered the Introducing the City course which is a series of Wednesday night lectures and seminars as well as weekend events during each autumn and spring since 2000 FT Predict is a prediction market contest hosted by the Financial Times that allows users to buy and sell contracts based on future financial political and news driven events by spending fictional Financial Times Dollars FT Based on the assumptions displayed in James Surowiecki s The Wisdom of Crowds this contest allows people to use prediction markets to observe future occurrences while competing for weekly and monthly prizes The Financial Times also ran a business related game called In the Pink a phrase meaning in good health also a reference to the colour of the newspaper and to the phrase in the red meaning to be making a loss Each player was put in the virtual role of Chief Executive and the goal was to have the highest profit when the game closes The winner of the game the player who makes the highest profit was to receive a real monetary prize of 10 000 The game ran from 1 May to 28 June 2006 Indices Edit A selection of FT market indices 2019 The Financial Times collates and publishes a number of financial market indices which reflect the changing value of their constituent parts The longest running of these was the former Financial News Index started on 1 July 1935 by the Financial News The FT published a similar index this was replaced by the Financial News Index which was then renamed the Financial Times FT Index on 1 January 1947 The index started as an index of industrial shares and companies with dominant overseas interests were excluded such as the Anglo Iranian Oil Company later BP British American Tobacco Lever Brothers later Unilever and Shell The oil and financial sectors were included decades later 84 The FTSE All Share Index the first of the FTSE series of indices was created in 1962 comprising the largest 594 UK companies by market capitalisation 84 The letters F T S E represented that FTSE was a joint venture between the Financial Times F T and the London Stock Exchange S E On 13 February 1984 the FTSE 100 was introduced representing about eighty per cent of the London Stock Exchange s value 84 FTSE Group was made an independent company in 1995 The first of several overseas offices was opened in New York City in 1999 Paris followed in early 2000 Hong Kong Frankfurt and San Francisco in 2001 Madrid in 2002 and Tokyo in 2003 Other well known FTSE indices include the FTSE 350 Index the FTSE SmallCap Index the FTSE AIM UK 50 Index and FTSE AIM 100 Index as well as the FTSE AIM All Share Index for stocks and the FTSE UK Gilt Indices for government bonds In 2021 the Financial Times started publishing three multi asset indexes with Wilshire Associates covering combinations of the top five cryptocurrencies 85 People EditIn July 2006 the FT announced a New Newsroom project to integrate the newspaper more closely with FT com At the same time it announced plans to cut the editorial staff from 525 to 475 In August 2006 it announced that all the required job cuts had been achieved through voluntary layoffs A number of former FT journalists have gone on to high profile jobs in journalism politics and business Robert Thomson previously the paper s US managing editor was the editor of The Times and is now the chief executive of News Corporation Will Lewis a former New York correspondent and News Editor for the FT edited the Daily Telegraph and the Wall Street Journal Dominic Lawson went on to become editor of the Sunday Telegraph until he was sacked in 2005 Andrew Adonis a former education correspondent became an adviser on education to the then British Prime Minister Tony Blair and was given a job as an education minister and a seat in the House of Lords after the 2005 election Ed Balls became chief economic adviser to the Treasury working closely with Gordon Brown the chancellor of the exchequer or finance minister before being elected a Member of Parliament in 2005 and became Secretary of State for Children Schools and Families in July 2007 Bernard Gray a former defence correspondent and Lex columnist was chief executive of the publishing company CMP before becoming chief executive of TSL Education publisher of the Times Educational Supplement David Jones at one time the FT s Night Editor then became Head of IT He was a key figure in the newspaper s transformation from hot metal to electronic composition and then onto full page pagination in the 1990s He went on to become Head of Technology for the Trinity Mirror Group Sir Geoffrey Owen was the editor of the Financial Times from 1981 to 1990 He joined the Centre for Economic Performance CEP at the London School of Economics as Director of Business Policy in 1991 and was appointed Senior Fellow Institute of Management in 1997 He continues his work there 86 During his tenure at the FT he had to deal with rapid technological change and issues related to it for example repetitive strain injury RSI which affected dozens of FT journalists reporters and staff in the late 1980s Editors Edit1889 Douglas MacRae 1890 William Ramage Lawson 1892 Sydney Murray 1896 A E Murray 1909 C H Palmer 1924 D S T Hunter 1937 Archibald Chisholm 1940 Albert George Cole 1945 Hargreaves Parkinson 1949 Sir Gordon Newton 1973 Fredy Fisher 1981 Sir Geoffrey Owen 1991 Richard Lambert 2001 Andrew Gowers 2006 Lionel Barber 2020 Roula KhalafSee also Edit Journalism portal London portalBusiness journalism Financial Times Business Book of the Year Award Financial Times Person of the Year List of newspapers in the United Kingdom TNW website Periodical literatureNotes Edit FT is an initialism standing for Financial Times and is printed in italics References Edit Financial Times eurotopics net eurotopics net BPB Retrieved 17 April 2020 a b Kirchhelle Claas ed 2020 Pyrrhic Progress The History of Antibiotics in Anglo American Food Production Rutgers University Press p 1927 ISBN 9780813591490 Enthusiastic reports subsequently appeared in the left leaning Observer and the conservative liberal Financial Times https www oxford royale com articles a guide to british newspapers a href Template Cite web html title Template Cite web cite web a Missing or empty title help Christina Schaeffner ed 2009 Political Discourse Media and Translation Cambridge Scholars Publishing p 35 ISBN 9781443817936 With regard to political affiliation The Daily Telegraph is a right wing paper The Times centre right The Financial Times centre right and liberal and The Guardian centre left Financial Times Audit Bureau of Circulations 17 January 2023 Retrieved 6 February 2023 FT tops one million paying readers Financial Times Retrieved 19 April 2019 a b Greenslade Roy 14 April 2019 Financial Times thrives by focusing on subscriptions The Guardian ISSN 0261 3077 Retrieved 19 April 2019 The Financial Times Is the Best Newspaper in the World Grasping Reality on TypePad by Brad DeLong 21 June 2006 Retrieved 22 March 2023 Plunkett John Martinson Jane 24 July 2015 Financial Times sold to Japanese media group Nikkei for 844m The Guardian ISSN 0261 3077 Retrieved 29 May 2020 Kynaston David 1988 A Brief History of the Financial Times PDF Viking Adult Retrieved 20 May 2020 Rawlinson Francis ed 2020 How Press Propaganda Paved the Way to Brexit Springer Nature p 65 ISBN 9783030277659 Schaeffner Christina ed 2009 Political Discourse Media and Translation Cambridge Scholars Publishing p 35 ISBN 9781443817936 With regard to political affiliation The Daily Telegraph is a right wing paper The Times centre right The Financial Times centre right and liberal and The Guardian centre left Essvale Corporation Limited ed 2007 Business Knowledge for IT in Retail Banking A Complete Handbook for IT Professionals Essvale Corporation Limited p 46 ISBN 9780955412424 The Financial Times is normally seen as centre right liberal although to the left of its principal competitor The Wall Street Journal It advocates free markets and is generally in favour of globalisation Morgan Kevin Marsden Terry Murdoch Jonathan 2006 Worlds of Food Place Power and Provenance in the Food Chain Oxford University Press p 41 ISBN 9780191556623 The neo liberal Financial Times was outraged by the Farm Bill s grotesque farm subsidies and it accused Washington of having surrendered to protectionism while the heads of the WTO World Bank and the IMF penned a joint protest About the newspaper Financial Times Archived from the original on 8 January 2012 Retrieved 4 May 2015 A brief history of the FT by David Kynaston author of The Financial Times A Centenary History PDF Archived from the original PDF on 15 October 2013 Retrieved 15 October 2013 History of Pearson plc FundingUniverse fundinguniverse com Retrieved 2 March 2021 Financial Times of London now printed in U S Eugene Register Guard Oregon Associated Press 28 July 1985 p 3F FT s Media Kit FT Heritage and Innovation Fttoolkit co uk Archived from the original on 15 February 2013 Retrieved 15 October 2013 FT tour Financialtimes net Archived from the original on 13 May 2013 Retrieved 15 October 2013 Financial Times launches How To Spend It online Pearson 1 October 2009 Archived from the original on 15 October 2013 Retrieved 15 October 2013 FT com to launch improved website with new content and services for users subscribers and advertisers Pearson 30 April 2002 Archived from the original on 15 October 2013 Retrieved 15 October 2013 Pearson to sell its FT Deutschland stake to Gruner Jahr Pearson Archived from the original on 15 October 2013 Retrieved 15 October 2013 Wiesmann Gerrit 23 November 2012 FT Deutschland closure date confirmed Financial Times Archived from the original on 10 December 2022 Retrieved 15 October 2013 So farewell then FTD The Economist 8 December 2012 Retrieved 15 October 2013 Financial Times to expand fund management coverage with new weekly supplement Pearson 28 January 2002 Archived from the original on 15 October 2013 Retrieved 15 October 2013 Why there is a need for this award Financial Times 10 April 2005 Archived from the original on 10 December 2022 Retrieved 30 May 2012 Financial Times unveils global refresh Pearson 23 April 2007 Archived from the original on 15 October 2013 Retrieved 15 October 2013 Special report The news industry The Economist 7 July 2011 Retrieved 15 October 2013 FT Web App hits two million users Financial Times 12 April 2012 Archived from the original on 13 March 2017 Retrieved 15 October 2013 Barber Lionel 12 February 2013 FT at 125 The world in focus Financial Times Archived from the original on 10 December 2022 Retrieved 15 October 2013 Gillian Tett keynote remarks at the Knight Bagehot 37th Anniversary Gala Financial Times 3 January 2013 Archived from the original on 7 March 2016 Retrieved 15 October 2013 Financial Times now available on Bloomberg Professional Pearson com 6 December 2010 Archived from the original on 15 October 2013 Retrieved 15 October 2013 Financial Times launches on Wisers services Financial Times Johnson Eric 5 April 2018 Financial Times CEO John Ridding explains how to make people pay for media Recode net Retrieved 19 April 2020 via Vox a b Financial Times sold to Nikkei by Pearson for 844m BBC News 23 July 2015 a b Plunkett John Martinson Jane 24 July 2015 Financial Times sold to Japanese media group Nikkei for 844m The Guardian Retrieved 12 August 2015 a b Nikkei completes acquisition of Financial Times The Nikkei 30 November 2015 FT expands content marketing studio with majority stake in Alpha Grid Financial Times acquires majority stake in research and content specialists Longitude Oborne Peter 10 November 2020 Freedom of speech in France extends to Macron s critics as well Middle East Eye Retrieved 4 July 2021 O Leary Naomi 11 November 2020 Europe Letter EU happy to celebrate or stigmatise Muslim immigrants when it suits agenda The Irish Times Retrieved 4 July 2021 Roula Khalaf and Amol Rajan 21 April 2021 Roula Khalaf editor of The Financial Times BBC Sounds audio Event occurs at 14 20 minutes in Retrieved 4 July 2021 Staatsanwaltschaft ermittelt gegen einen Financial Times Journalisten Frankfurter Allgemeine Zeitung 18 February 2019 Retrieved 21 July 2019 Wirecard erhebt schwere Anschuldigungen gegen die Financial Times Handelsblatt 21 July 2019 Retrieved 21 July 2019 Wirecard investors set for legal battle as accounting questions mount S amp P Global 26 June 2020 Retrieved 26 June 2020 Davies Pascale 25 June 2020 EU to investigate German financial watchdog over Wirecard scandal Euronews Retrieved 27 June 2020 Global Capital Markets Survey 2011 Gcmsurvey com Archived from the original on 15 October 2013 Retrieved 15 October 2013 Worldwide Professional Investment Community Study 2010 Archived from the original on 24 May 2012 Retrieved 15 October 2013 Silvera Ian Inside the FT s crypto plans www news future com Retrieved 12 March 2022 Granger Jacob 28 July 2022 The FT launches cryptofinance section and newsletter following reader demand Journalism co uk Retrieved 24 August 2022 About Lex Financial Times Archived from the original on 3 September 2007 Retrieved 4 September 2007 Julia Carrick FT Conferences Archived from the original on 27 October 2011 Retrieved 5 September 2011 a b c Allen Katie 2 October 2009 How To Spend It goes online FT lures advertisers into uncharted waters The Guardian London Retrieved 5 September 2011 Beckett Andy 19 July 2018 How to Spend It the shopping list for the 1 The Guardian London Retrieved 3 September 2018 Oborne Peter 11 August 2011 The moral decay of our society is as bad at the top as the bottom The Daily Telegraph London Archived from the original on 12 August 2011 Retrieved 5 September 2011 Flynn Paul 29 August 2011 Why Absolutely Fabulous now looks absolutely prescient The Guardian London Retrieved 5 September 2011 Walker Portia 11 August 2011 Under the broken city families explore Gaddafi s warren The Independent London Retrieved 15 October 2012 a b Elaph launches How To Spend It Arabic in association with Financial Times Financial Times 16 June 2021 Retrieved 6 November 2021 a b Lionel Barber 12 February 2013 FT at 125 The world in focus Financial Times Archived from the original on 10 December 2022 Retrieved 12 February 2013 Royale Oxford 28 March 2018 Black and White and Read All Over A Guide to British Newspapers Oxford Royale Academy Retrieved 16 March 2023 Schaeffner Christina 2010 Political Discourse Media and Translation Newcastle upon Tyne Cambridge Scholars Pub ISBN 978 1 4438 1793 6 OCLC 827209128 Britain s fateful election offers no good choices Financial Times 6 December 2019 Archived from the original on 10 December 2022 Retrieved 2 March 2021 Financial Times backs Conservatives Reuters 4 May 2010 Retrieved 28 February 2011 The case for change in the UK Financial Times Election 2017 The safer bet of a Conservative vote Financial Times 31 May 2017 Archived from the original on 10 December 2022 Retrieved 1 June 2017 Britain s fateful election offers no good choices Financial Times 5 December 2019 Retrieved 12 March 2023 Obama is the better choice Financial Times Archived from the original on 10 December 2022 Retrieved 22 April 2013 Obama the wiser bet for crisis hit US Financial Times 5 November 2012 Archived from the original on 10 December 2022 Retrieved 5 November 2012 FT endorsement For all her weaknesses Clinton is the best hope Financial Times 31 October 2016 A historic US vote provides few certainties Financial Times 5 November 2020 Archived from the original on 10 December 2022 Retrieved 2 March 2021 Pearson FT Press InformIT InformIT Retrieved 8 March 2022 Pearson sells Economist Group stake BBC News 12 August 2015 Retrieved 12 August 2015 Pearson agrees to sell Mergermarket unit to BC Partners Financial Times 29 November 2013 Archived from the original on 10 December 2022 a b About Us Financial Times Archived from the original on 3 March 2011 Retrieved 28 February 2011 Newssift com Newssift com Archived from the original on 28 January 2012 Retrieved 15 January 2012 Money Media Retrieved 6 September 2010 Exec Appointments Exec Appointments Retrieved 6 September 2010 Pearson to start a Business Daily in Indian market The Wall Street Journal FT sells Stake in Business Standard Archived 7 August 2008 at the Wayback Machine Paidcontent co uk Financial Times looks to publish in India Moneycontrol com Retrieved 6 September 2010 Business and Company Resource Center Gale Cengage Learning 2009 About Us Financial Times Archived from the original on 3 March 2011 Retrieved 28 February 2011 a b c The Stock Market John Littlewood Granger Jacob 28 July 2022 The FT launches cryptofinance section and newsletter following reader demand Journalism co uk Retrieved 24 August 2022 Directory of the Management Department at the London School of Economics London School of Economics 30 June 2014 Archived from the original on 6 November 2018 Retrieved 15 July 2014 External links Edit Wikimedia Commons has media related to Financial Times Official website Retrieved from https en wikipedia org w index php title Financial Times amp oldid 1147916349, wikipedia, wiki, book, books, library,

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