Author: Lucas

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Senior Labour figures believe a rise in income taxes in the Budget this month can be justified as being “in the spirit” of the party’s manifesto if accompanied by a simultaneous cut in national insurance, despite fears from some MPs about a backlash from voters. Chancellor Rachel Reeves made an unusual pre-Budget intervention on Tuesday with a speech in which she warned the general public about a deterioration in the public finances and the need to make tough decisions on November 26. She put…

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NEW DELHI: Observing that sale or purchase of immovable property is a distressing and traumatic task fraught with risk of fraud as it is still regulated by colonial laws, Supreme Court on Friday said the time has come to reform the procedure to make it simpler, transparent and fraud free by use of technology and making property registration a conclusive proof of ownership.A bench of Justices P S Narasimha and Joymalya Bagchi said property laws have long witnessed dichotomy between registration and ownership as registration does not confer ownership and this leads to massive litigation, which is 66 per cent…

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The representational image shows workers operating a machine at a textile factory. — AFP/FileISLAMABAD: Industrial consumers on Thursday rejected the government’s claims of reducing tariffs and controlling circular debt through revised deals with independent power producers (IPPs), as capacity payments have surged once again, piling fresh pressure on consumers.The National Electric Power Regulatory Authority (Nepra) reserved its decision on a petition filed by power distribution companies (Discos) seeking approval to recover Rs8.4 billion from consumers for the first quarter of FY2025-26 (July-September). The public hearing was marked by criticism from industrial users, who accused the government of making cosmetic reforms…

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Interest rates might well be cut once more before the end of the year, with the Bank of England’s Monetary Policy Committee meeting once more before January. With inflation no longer increasing and productivity, growth and jobs all back on the agenda, the committee may be inclined to vote for a move down to 3.75 per cent. It means savers have to keep ensuring they put their cash where the best returns are – and luckily, we’ve rounded up a list of the best cash ISAs, easy access accounts and fixed-term savers, all of which offer more than 4 per…

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Sharon Green serves as CEO of UnicalThe sale is expected to be finalized in early 2026Unical was founded in 1990Platinum Equity has agreed to sell Unical Aviation Inc, a Glendale, Arizona-based provider of aerospace aftermarket solutions, to Satair, an Airbus company. No financial terms were disclosed.Platinum Equity acquired Unical in 2021.“We are proud of everything we accomplished at Unical,” said Jacob Kotzubei, co-president of Platinum Equity in a statement. “When we acquired the business, we saw tremendous potential to modernize its operations, expand its position within the aerospace aftermarket, and elevate its presence on the global stage. Over the past…

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In Nigeria, technology continues to redefine how people approach financial markets. What once required large desktop screens and complex platforms is now available on mobile devices in ways that empower everyday traders. The rapid adoption of algorithmic charting tools has opened new opportunities for Nigerians to analyse, predict, and execute trades with greater confidence. These tools are no longer exclusive to institutional investors but are becoming a vital feature of applications designed for retail users. The Rise of Mobile Platforms in Nigeria For many Nigerian traders, the mobile trading app has become the central hub for participating in global markets. The convenience of…

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This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to our Asia, Europe/Africa or Americas edition to get the newsletter delivered every weekday morning. Explore all of our newsletters hereGood morning, happy Friday and welcome back to FirstFT. In today’s newsletter:EU proposes pausing parts of its digital legislationElon Musk’s $1tn pay victoryWhy venture capital could be at a turning pointThe HTSI 2025 gift guideWe start today with an exclusive story on how the European Commission is proposing to water down its landmark artificial intelligence law, following pressure from Big Tech companies and the US government.Here’s…

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THE ROLE/OPPORTUNITES Kingsley is instructed by a highly successful national property company to source a time served Residential Property Manager to join an established team involved in managing a large and varied residential portfolio. This position is ideal for someone looking to take the next step in progressing their career in the industry. Main Responsibilities Dealing with tenant and applicant enquiries. Marketing available properties, conducting viewings, meeting with potential new tenants, negotiating terms on lettings and overseeing new tenancy applications. Preparing tenancy agreements and associated documents. Carrying out property inspections and preparing detailed schedules of condition and inventories. Assisting with…

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The attack on Kstovo, a city of about 66,000 in Russia’s Nizhny Novgorod region, located approximately 1,104 km (about 686 miles) from Kyiv, occurred in the early hours of Tuesday morning. According to HUR sources, the operation involved over 50 domestically produced drones, including the “Bober” and FP-1 models. The target was a rectification column undergoing repairs, responsible for primary crude oil processing, which had remained vulnerable following previous attacks. Nizhny Novgorod, Russia ❗ 🛸🧚‍♂️💥 Ukrainian kamikaze drones under the control of operators from the Main Intelligence Directorate of the Ministry of Defense, the Armed Forces, and…

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