Monthly Archives: September 2015

Glencore, the UK trading house that made billionaires of its top executives in a record-breaking flotation four years ago, lost up to a third of its market value earlier this week as investors reacted to fears of a prolonged commodities downturn. Matthew Vincent asks FT commodities editor Neil Hume whether it can recover.

 

Germany’s chancellor Angela Merkel is facing an array of problems ranging from the scandal at Volkswagen to the arrival of up to a million refugees in the country. Gideon Rachman discusses the extent of Germany’s difficulties and whether it amounts to a crisis with Stefan Wagstyl and Andy Sharman.

 

The FT’s Money Mentor looks at student money worries. Plus Steve Webb, the former pensions minister, answers questions on the new State Pension. And we delve into HMRC’s plans for digital filing.

 

Barclays has been at loggerheads with Britain’s Serious Fraud Office
over a 2008 deal with Qatar that helped the bank avoid a government
bailout. Patrick Jenkins discusses the latest twist in the
long-running probe with Caroline Binham, the FT’s financial regulation
correspondent.

 

Patrick Jenkins and guests discuss UK mortgage data and whether it has returned to danger territory, the latest on the Barclays Qatar probe and US bank CEO news.

 

“UBS head should make clear that all can take risks but none may make light of mistakes,” says Lucy Kellaway.

 

A Motown classic and Beatles favourite that went on to become perhaps the first postmodern pop song: David Cheal on the many lives of ‘Money (That’s What I Want)’. Credits: Motown Records Inc., EMI, Simitar.

 

Jeremy Corbyn’s surprise election as leader has left the Labour party in disarray. Ahead of the party’s annual conference in Brighton, Jim Pickard, the FT’s chief political correspondent, asks FT columnists Philip Stephens and Janan Ganesh how long Corbyn can last at the helm. They also discuss what went wrong with Labour’s Blairite wing, what difficulties would be faced by those trying to mount any future leadership coup – and how do they think ordinary voters will react to the new leader of the opposition.

 

Cynthia O’Murchu, Martin Arnold and Gina Chon investigate transactions involving Iran that could put Standard Chartered at risk of further penalties. Nine years after the UK-listed bank paid nearly $1bn to US regulators and law enforcement agencies, the bank seems no closer to ending its legal problems.

 

Henry Mance discusses what went wrong at Volkswagen with John Gapper, the FT’s chief business commentator, dubious pricing behaviour in the pharmaceutical industry, and the apparent waning of the UK Labour party’s commitment to the cause of staying in the European Union.