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Finance

Thousands of Israelis protest Netanyahu’s judicial reforms

Tens of thousands of Israelis took to the streets on Saturday night to protest against the country’s hardline new government and its plans to impose sweeping curbs on the power of the judiciary. Police estimated that around 80,000 people attended the biggest demonstration in the liberal bastion of Tel Aviv, where protesters chanted “no democracy […]

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Finance

Rishi Sunak says impact of Scottish gender reforms should be

Prime minister Rishi Sunak said on Friday that it was “completely reasonable” for the UK government to assess Scotland’s gender recognition bill, a piece of legislation that makes it easier for individuals to legally change their gender. The bill was passed by lawmakers in the Scottish parliament by 86 votes to 39 on Thursday. The […]

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Finance

City of London heads back Hunt’s ‘Edinburgh reforms’

City of London heads have backed the government’s financial services reforms as necessary to keep London competitive outside of the EU, even if the unwinding of safeguards from the last financial crisis increases risk. However, many of the FT’s City Network — a 50-strong group of senior executives — did not believe that chancellor of […]

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Finance

Can our NHS learn from the Tories’ schools reforms?

This article is an on-site version of our Inside Politics newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday. Good morning. Labour has won the Stretford and Urmston by-election, while the stand-off between the British government and striking nurses continues. Small wonder that Rishi Sunak and other senior ministers […]

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World

EU Commission ignored by nine member states on pension reforms

Ursula von der Leyen’s Commission is being ignored by nine member states on its recommendations to reform their pension systems. These are the Czech Republic, Germany, France, Ireland, Italy, Luxembourg, Malta, the Netherlands and Poland. During the European Semester in 2019, the EU executive issued recommendations on the “long-term sustainability of public finances”. Some of […]

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Finance

Energy crisis threatens reversal of French market reforms

Marion Hubert received an alarming message from her power provider this summer warning of a doubling in bills for her apartment near Paris. But the company also offered a solution — she could avoid the dramatic rise in costs by switching to state-controlled former monopoly EDF. Moves by some of France’s smaller distributors to ditch […]

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Science

Reforms to improve business environment must be accelerated

VIETNAM, December 10 – HÀ NỘI — Accelerating reforms to improve the business environment is vital to creating a growth driver for the economy in the context of increasing global uncertainties, Deputy Minister of Planning and Investment Trần Duy Đông said on Friday. At a conference on business environment reform by the Central Institute for […]

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Finance

City tells UK ministers to speed up financial services reforms

City executives applauded government plans to reform the UK’s financial markets but warned that ministers needed to implement them quickly or risk losing out to financial centres in the EU and US.  On Friday, chancellor Jeremy Hunt unveiled a wide ranging set of proposals and consultations to remove onerous regulatory burdens on financial institutions and […]

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Finance

Sunak delays critical vote on planning reforms

Prime minister Rishi Sunak has delayed a critical vote on planning reform in an attempt to assuage a growing rebellion of “blue wall” Conservative MPs who are concerned about the prospect of losing their seat to the Liberal Democrats at the next general election. Liberalising planning rules is one of the most contentious issues dividing […]

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Finance

Bristol Myers Squibb warns US price reforms will dent drug development

Bristol Myers Squibb says it expects to cancel some drug development programmes due to US government drug pricing rules that are due to be phased in from next year. Giovanni Caforio, chief executive of the US drugmaker, told the Financial Times it was reviewing its portfolio and expected that some drug candidates would not be […]