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Who is Jim Ratcliffe, the billionaire Ineos boss and Man Utd co-owner?
Posted onDespite switching his tax residency, Ratcliffe still gets about with properties spread between London, the Hampshire coast and New Forest, the French Alps, Switzerland and Monaco, as well as owning two superyachts and a Manchester-based football club to support.
Airlines pay out millions after initially rejecting claims
Posted onLaurie Watson Laurie Watson’s flight back from a sailing holiday was cancelled Airlines are paying out millions of pounds in compensation to passengers every year after initially saying no as consumer groups accuse firms of trying to put customers off making claims for severe delays or cancellations. Almost £11m was paid to passengers in the…
Global dealmaking hits $4.5tn in second-best year on record
Posted onUnlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Global dealmaking topped $4tn this year for the first time since the boom of 2021, as a record number of megadeals lifted investment banking fees to their second-highest level ever. A total of 68 deals…
Why the US dollar hit a four-year low and could fall further
Posted on“In my opinion, what markets are reacting to is just sort of the haphazard nature of policy in this administration – the escalation, de-escalation,” said Robin Brooks, senior fellow at the Brookings Institution and former FX strategist at Goldman Sachs, pointing to similarities between the backlash over tariffs and Greenland.
Trump touts upbeat message on cost of living as Americans feel the pinch
Posted onDanielle Kayeand Natalie Sherman Watch: Trump claims “prices are coming down” at a rally in Pennsylvania President Donald Trump has told a campaign-style rally that consumer prices are falling “tremendously”, as he seeks to allay voter anxiety about the cost of living in the US. In a speech at a casino in the battleground state…
Indigo: Former British Airways boss Willie Walsh named CEO of Indian carrier
Posted onIndiGo controls about two-thirds of the country’s domestic aviation market, so the inconvenience caused by the disruptions was huge. Thousands of people missed important life events, including funerals and their own weddings, and were left scrambling to make alternate arrangements.
