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 NEWS: FT.COM - COMMENT & ANALYSIS
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   NEWS: FT.COM - COMMENT & ANALYSIS
FT.com - Comment & Analysis
Sep 22, 2026

Quiet please, the currencies are sleeping
Plus, the end of stocks' summer of ‘meh'?

FT.com - Comment & Analysis
Sep 22, 2026

Are we developing a distaste for effort?
Across OECD countries, the number of students who say they give up easily is increasing

FT.com - Comment & Analysis
Sep 22, 2026

Equal pay law cannot ignore the labour market
A ruling that Next can pay store staff and warehouse workers differently for work of equal value upholds an important principle

FT.com - Comment & Analysis
Sep 22, 2026

Germany's economic recovery is under way if politics doesn't spoil it
Frugal Germany would appear to have the fiscal headroom to try and spend its way out of the impasse

FT.com - Comment & Analysis
Sep 22, 2026

Rate rises should not be ‘the only game in town'
Monetary policy is not the best response tool for today's economic and financial challenges

FT.com - Comment & Analysis
Sep 22, 2026

Sorry Carney, the world does need a great power with better manners
Calling for closer EU-Canada ties without pooling sovereignty is an abdication of European responsibility

FT.com - Comment & Analysis
Sep 21, 2026

Merz's last chance to reform Germany
After regional election disaster, the chancellor is living on borrowed time

FT.com - Comment & Analysis
Sep 21, 2026

Novo's prospects beyond weight-loss drugs look surprisingly lean
Despite plans to broaden its business beyond obesity treatments, the Danish group's guidance is unambitious

FT.com - Comment & Analysis
Sep 21, 2026

Changing leader is not the panacea many Lib Dems think it is
The party faces serious structural problems in an era of growing political polarisation

FT.com - Comment & Analysis
Sep 21, 2026

Stop asking AI CEOs what society needs
Imagine inviting oil companies to design climate policies or car companies to make traffic rules

FT.com - Comment & Analysis
Sep 21, 2026

There's room in space for more than just Elon Musk
Commercial chops will define the winners

FT.com - Comment & Analysis
Sep 21, 2026

The food safety sheriff on a hygiene crusade in Mumbai
Restaurants, ice cream parlours and even elite members' clubs have all been sanctioned for stomach-churning violations

FT.com - Comment & Analysis
Sep 21, 2026

Trump and Xi are the wrong men at the wrong time
The world needs far-sighted leadership but the US and Chinese leaders are unlikely to provide it

FT.com - Comment & Analysis
Sep 21, 2026

Nepotism at Berkshire
Plus, fear gives gold a boost

FT.com - Comment & Analysis
Sep 21, 2026

AI in finance must be policed differently
Subjecting agentic AI to an equivalent of the FCA's existing rule book could deprive millions of investors of valuable help

FT.com - Comment & Analysis
Sep 21, 2026

Why the world's hottest stock market is a national liability
South Korea's wild stock price swings are hurting the country's image

FT.com - Comment & Analysis
Sep 20, 2026

Investors need to know you are ahead in the race to destroy humanity
A behind-the-scenes look at the work of Rutherford Hall, critical communications strategist

FT.com - Comment & Analysis
Sep 20, 2026

Germany's Merz stands his ground but for how long?
Lessons from elsewhere in Europe suggest once leaders become deeply unpopular, they almost never recover

FT.com - Comment & Analysis
Sep 20, 2026

Lula, Costa, Ruto and Carney: Multilateralism is not idealism, it is a necessity
We need to strengthen our system of co-operation, not replace it

FT.com - Comment & Analysis
Sep 20, 2026

AI is a powerful but problematic new collaborator in mathematics
We are already witnessing the unintended consequences of algorithms realising goals with badly defined parameters and restrictions

FT.com - Comment & Analysis
Sep 20, 2026

The perils of productivity numbers
The forces driving growth in output per hour matter more than the decimal-point estimate itself

FT.com - Comment & Analysis
Sep 20, 2026

Dangote IPO is a test for African capitalism
Landmark flotation could reshape how the continent invests in industry

FT.com - Comment & Analysis
Sep 20, 2026

Cinema revival takes the big screen and makes it enormous
Film-goers are attending less often but spending more, splashing out on plush seats, elaborate cocktails and premium screens

FT.com - Comment & Analysis
Sep 20, 2026

Freedom in adulthood isn't what you think
Part of growing up is realising that some degree of discipline, commitment and narrowed options can lead to greater contentment

FT.com - Comment & Analysis
Sep 20, 2026

Robotaxis are coming for important jobs
Taxi driving offers benefits that are not always obvious when you sit in the back seat

FT.com - Comment & Analysis
Sep 20, 2026

Low UK growth is a product of neglect
Governments need to start planning for the long term again

FT.com - Comment & Analysis
Sep 19, 2026

Higher rates, meet indebted consumers
Will there be a tipping point?

FT.com - Comment & Analysis
Sep 19, 2026

Admit it — is this your worst financial habit?
Not even I am immune from this late-night drain on my bank account

FT.com - Comment & Analysis
Sep 19, 2026

Unpacking the real fiscal costs of immigration
Low taxes on low earners mean the same immigrants cost the UK more than they would elsewhere

FT.com - Comment & Analysis
Sep 19, 2026

Australia has a secret weapon in the race for AI compute
The country has almost limitless space with which to generate renewable electricity

FT.com - Comment & Analysis
Sep 19, 2026

Housebuilders aren't the only ones who benefit from ‘Help to Buy'
A new equity loan scheme could help people get on the property ladder, though the government might struggle to afford it

FT.com - Comment & Analysis
Sep 19, 2026

How should investors position for the robot apocalypse?
The end of human existence might be bad for financial markets

FT.com - Comment & Analysis
Sep 19, 2026

Passport to Piddington: a short history of micronations
Without its own airline and beer, the Oxfordshire secessionist village will remain a piddling principality

FT.com - Comment & Analysis
Sep 19, 2026

The Anglo-French moment
And why it must endure

FT.com - Comment & Analysis
Sep 19, 2026

Is not saying ‘I love you' bad parenting?
Attitudes to child development may have shifted dramatically in recent years but some parents can still struggle to vocalise affection

FT.com - Comment & Analysis
Sep 19, 2026

Mirtala, Chiswick: Mexican food with a story worth retelling — restaurant review
Rishad and Benaisha Mehta's neighbourhood restaurant brings the food of Monterrey to west London with heat, vigour and a sweetly personal sense of purpose

FT.com - Comment & Analysis
Sep 19, 2026

What to drink when comfort is called for
Port, sherry, madeira and vin doux naturel offer depth, value and staying power — with a wave of newer producers bringing fresh life to old traditions

FT.com - Comment & Analysis
Sep 18, 2026

The relentless creep of Britain's compliance state
While some rules are just fiddly and frustrating, others do real harm

FT.com - Comment & Analysis
Sep 18, 2026

Anthropic and the golden rules of business
Shifts in technology and geopolitics mean the ideal of the perfect company is changing

FT.com - Comment & Analysis
Sep 18, 2026

Court shines a further light on who was at fault in SVB implosion
Federal judge rejects claims that criticism of bank executives was based on hindsight

FT.com - Comment & Analysis
Sep 18, 2026

The merits of friction-maxxing
Pushing against the move to seamless online efficiency can make us happier and safer

FT.com - Comment & Analysis
Sep 18, 2026

Why Scott Bessent should pay attention to Turkey's market scandal
It does not take a fraud to cause problems when markets get overstretched

FT.com - Comment & Analysis
Sep 18, 2026

Come on Latin America, you owe me one
After years and months of underperformance, I'm feeling lucky this time

FT.com - Comment & Analysis
Sep 18, 2026

On the EU, let Canada and Odysseus inspire Burnham
This wily prime minister can find a way to take advantage of new possibilities for a ring of outer nations

FT.com - Comment & Analysis
Sep 18, 2026

Is the Antichrist really walking among us?
JD Vance would not be shocked. But how to spot the tell-tale signs?

FT.com - Comment & Analysis
Sep 18, 2026

Rainproof, squirrel-proof, foolproof: the best spring bulbs to plant now
For a bold display from February till May, choose wisely among the plethora of narcissi, hyacinths, tulips and crocuses

FT.com - Comment & Analysis
Sep 18, 2026

The QT endgame at the BoE
Still trying for boring

FT.com - Comment & Analysis
Sep 18, 2026

The real risk of private credit's involvement in the annuity business
The critical issue is liquidity and ensuring that long-term promises to pay retirement benefits are met

FT.com - Comment & Analysis
Sep 18, 2026

The real risk of private credit's involvement in the pension business
The critical issue is liquidity and ensuring that long-term promises to pay retirement benefits are met

FT.com - Comment & Analysis
Sep 18, 2026

Will El Niño be the saviour of Europe's energy market?
The continent's storage is 69 per cent full, compared with more than 80 per cent this time last year

FT.com - Comment & Analysis
Sep 18, 2026

Europe can attract more stock trading with fewer, better markets
A bigger European exchange could better woo US investors seeking to diversify from the tech-centricity of their own markets

FT.com - Comment & Analysis
Sep 18, 2026

The west must hurry to catch up with Ukraine on AI combat
Technological innovations mean that the terms of military conflict have changed — forever

FT.com - Comment & Analysis
Sep 17, 2026

Has AI broken the old VC model?
A spate of mega-IPOs triggered by the AI boom is stretching the feast-or-famine industry dynamic to an extreme

FT.com - Comment & Analysis
Sep 17, 2026

Where Ed Sheeran really went wrong on Macklemore and Palestine
The British solo musician has never looked so alone or exposed — but he only has himself to blame

FT.com - Comment & Analysis
Sep 17, 2026

Carney is playing a bad hand well
Economic reforms and broader alliances are Canada's best response to Trump's trade war

FT.com - Comment & Analysis
Sep 17, 2026

Rising rates throw a spanner in investment bankers' spreadsheets
When the cost of capital goes up, the value of a company theoretically goes down. Share prices tell a different story

FT.com - Comment & Analysis
Sep 17, 2026

Going faster will only slow AI down
Without stronger safeguards, the danger is that any disaster could trigger a furious public backlash and regulatory overreaction

FT.com - Comment & Analysis
Sep 17, 2026

Genomics addressed its ethical concerns, AI can do the same
When science is moving faster than legislation, we must stay humble

FT.com - Comment & Analysis
Sep 17, 2026

After Warsh's strong start, how high will rates need to go?
The new Fed chair has demonstrated that he is committed to upholding central bank independence in the face of pressure

FT.com - Comment & Analysis
Sep 17, 2026

Farage's mega-donors mask the wider threats to British democracy
There are reasons to feel queasy about Reform's donations but there is also a huge whiff of hypocrisy in other parties complaining

FT.com - Comment & Analysis
Sep 17, 2026

Mega-donors obscure the wider threats to British democracy
There are reasons to feel queasy about Reform's donations but there is also a huge whiff of hypocrisy in other parties complaining

FT.com - Comment & Analysis
Sep 17, 2026

Is Britain's migration debate asking the wrong question?
The Piddington protests illustrate that humanitarian immigration is harder to manage than visa policies designed to benefit the economy

FT.com - Comment & Analysis
Sep 17, 2026

No country for independent central bankers
A future of state-directed finance will force change on monetary policymakers

FT.com - Comment & Analysis
Sep 17, 2026

Thanks to Rishi Sunak, the UK is helping put the brakes on AI
Former UK prime minister laid the groundwork for its small but vital role in researching and shaping governance

FT.com - Comment & Analysis
Sep 17, 2026

Getting to know Mr Warsh
A clearer reaction function is a fine substitute for forward guidance

FT.com - Comment & Analysis
Sep 17, 2026

Do inflation expectations matter in a social-media echo chamber?
Consumers and companies lack the ability or will to act — it is bond investors that policymakers should worry about

FT.com - Comment & Analysis
Sep 17, 2026

Apple's most valuable product isn't the iPhone
Markets were signalling discomfort even before the latest wave of worries about existential risk

FT.com - Comment & Analysis
Sep 17, 2026

The Apple trust premium in the age of AI
Markets were signalling discomfort even before the latest wave of worries about existential risk

FT.com - Comment & Analysis
Sep 17, 2026

St James's Place looks smartly attired for the AI wealth party
Wealth manager should soon be able to focus on growth rather than historic issues

FT.com - Comment & Analysis
Sep 17, 2026

Japan has good reason to welcome arrival of driverless taxis
Shortage of taxi drivers gives country a structural reason for robotaxis to grow

FT.com - Comment & Analysis
Sep 17, 2026

The social-media echo chamber is skewing inflation expectations
Survey evidence from consumers and companies has become noise for policymakers

FT.com - Comment & Analysis
Sep 17, 2026

We need an observatory for the cooling north Atlantic
The UK should convene a coalition of concerned states if rising emissions lead to the collapse of the Amoc that brings warm water to northern regions

FT.com - Comment & Analysis
Sep 17, 2026

Who was right on job creation — Adam Smith or Schumpeter?
The centuries-old trend towards specialisation could be about to reverse

FT.com - Comment & Analysis
Sep 17, 2026

Where do new jobs come from?
The centuries-old trend towards specialisation could be about to reverse

FT.com - Comment & Analysis
Sep 16, 2026

Britain's unsustainable pensions lock
It would be better to link state retirement benefits to earnings growth

FT.com - Comment & Analysis
Sep 16, 2026

Bach choir is a rare symbol of unity in a swing state
In small-city Pennsylvania, music brings people together from across the political divide

FT.com - Comment & Analysis
Sep 16, 2026

Oura will struggle to justify pulse-racing $16bn valuation
The health technology company needs more than celebrity endorsements

FT.com - Comment & Analysis
Sep 16, 2026

The EU should not increase resilience at the expense of trusted partners
Its Industrial Accelerator Act would threaten supply chain connections with the likes of Japan

FT.com - Comment & Analysis
Sep 16, 2026

The British right's patriotism problem
Andy Burnham seems at ease in his country. Are his opponents?

FT.com - Comment & Analysis
Sep 16, 2026

What are the risks of using AI to draft my will?
I don't have complicated financial affairs but am worried about making a mistake

FT.com - Comment & Analysis
Sep 16, 2026

AI debt vs Treasuries
Imperfect substitution, at best

FT.com - Comment & Analysis
Sep 16, 2026

With AI, ‘I told you so' will be too late
Reducing the speed of innovation is going to be hard, both practically and politically, but it is the right decision

FT.com - Comment & Analysis
Sep 16, 2026

AI can forecast the future. Should we let it?
The skill of specialised AI forecasters seems indistinguishable from much-vaunted superforecasters. But there are caveats

FT.com - Comment & Analysis
Sep 16, 2026

‘Buy British' military procurement is a poor way to defend the realm
If governments really want to keep their defence purchasing close, one solution is to team up with allies

FT.com - Comment & Analysis
Sep 16, 2026

A hotter planet meets dearer money
Rising borrowing costs mean new financing instruments will be needed for developing economies to deal with climate change

FT.com - Comment & Analysis
Sep 16, 2026

How Switzerland turned tax competition into a national sport
The country's 26 cantons compete fiercely for companies, wealthy residents and the taxes they bring

FT.com - Comment & Analysis
Sep 15, 2026

Chinese restaurant chains put AI on the menu
AI-driven reductions in food waste and labour costs can make culinary economics much more juicy

FT.com - Comment & Analysis
Sep 15, 2026

Larry Ellison shows even billionaires struggle with liquidity
The Oracle co-founder may have little choice but to sell shares if he wants to raise vast sums of money

FT.com - Comment & Analysis
Sep 15, 2026

The ‘supercontinental' clue to the origins of life on Earth
New geological discoveries suggest Gondwanaland could have played a pivotal role in the Cambrian explosion

FT.com - Comment & Analysis
Sep 15, 2026

The main Trump-Xi summit achievement will be it happening at all
The US and China are in a stand-off rather than a state of agreement

FT.com - Comment & Analysis
Sep 15, 2026

Bad decisions, difficult incentives and excitable markets
Errors at the Federal Reserve and European Central Bank complicate life for officials at all levels. Also in this newsletter, someone has a book to sell

FT.com - Comment & Analysis
Sep 15, 2026

Kevin Warsh needs to walk the walk
A rate rise makes economic sense and would support the Federal Reserve's credibility

FT.com - Comment & Analysis
Sep 15, 2026

Scott Bessent's wobbly house
Politics seems to be messing with the US Treasury secretary's head

FT.com - Comment & Analysis
Sep 15, 2026

The great British (and American) fork in the road
Something's cooking, but does it matter?

FT.com - Comment & Analysis
Sep 15, 2026

AI is exciting audit firms — maybe too much
The technology being adopted rapidly by firms such as KPMG and EY still needs humans in the loop

FT.com - Comment & Analysis
Sep 15, 2026

Hyrox's new owners hope to turn burpees into billions
The brand is well placed to expand: clothing and accessories would be the obvious first place followed by travel

FT.com - Comment & Analysis
Sep 14, 2026

Dogs join diners as Hong Kong bets on the pet economy
The end of a decades-old prohibition has been welcomed by owners but is prompting disquiet from some patrons

FT.com - Comment & Analysis
Sep 14, 2026

Have Hong Kong's eateries gone to the dogs?
The end of a decades-old prohibition has been welcomed by owners but is prompting disquiet from some patrons

FT.com - Comment & Analysis
Sep 14, 2026

Why delaying an AI doomsday would benefit investors too
A slowdown would reduce the enormous amounts of cash being lavished on training new models

FT.com - Comment & Analysis
Sep 14, 2026

Time for a pause on cutting-edge AI
The most advanced models are starting to escape human control

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