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UK suspends rail franchise system after passenger numbers slide

Move will last for at least six months as coronavirus disruption takes toll




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UK restaurants warn social distancing will put them out of business

Three quarters of leisure operators say margins too thin to support fewer customers, according to survey




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There are worrying signs of a post-Covid cancer surge

Hope is not lost. An army of organisations, private hospitals and industries could be mobilised




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Lockdown lunches: how to make delicious fresh pasta with a rolling pin

No pasta machine? No problem. Tim Hayward shows Daniel Garrahan how to make it by hand - just like nonna




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Lockdown lunches: how to make sourdough pizza

Tim Hayward shows Daniel Garrahan how to grow and feed a sourdough starter before turning it into a home-baked pizza




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UBS's 'Swinegate', Deutsche's bad bank and Facebook's digital currency

Patrick Jenkins and guests discuss UBS's cultural faux pas in China, Deutsche Bank's plan to set up a 'bad bank' and Facebook's bid to shake up the payments world. With special guest Jan Kvarnström, bank restructuring expert.  


Contributors: Patrick Jenkins, financial editor, Don Weinland, Beijing financial correspondent, Stephen Morris, European banking correspondent, Nick Megaw, retail banking correspondent, Caroline Binham, financial regulation correspondent and Elaine Moore, deputy head of Lex. Producer: Fiona Symon

 

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StanChart pay row, Citigroup on Brexit and Facebook's Libra

David Crow and guests discuss Standard Chartered chief Bill Winters' 'voluntary' pay cut after a dispute over his pension allowance, Citigroup's confidence in the City of London regardless of the outcome of Brexit, and gathering clouds for Facebook's much hyped digital currency, Libra. With special guest David Livingstone, chief executive of Citigroup in Europe, the Middle East and Africa.


Contributors: David Crow, banking editor, Stephen Morris, European banking correspondent, and Laura Noonan, US banking editor. Producer: Fiona Symon

 

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Coronavirus contingency planning

Matthew Vincent and guests discuss European banks' readiness to handle a coronavirus epidemic, whether Europe’s investment banks are in full retreat in the US, and Deutsche Bank’s compliance problems in the UK. With special guest Miles Celic, chief executive of TheCityUK


Contrbitutors: Matthew Vincent, regulation correspondent, Katie Martin, capital markets editor, Stephen Morris, European banking correspondent, and Laura Noonan, US banking editor. Producers: Fiona Symon and Persis Love

 

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US to review troop presence in Iraq

Secretary of state Mike Pompeo says strategic dialogue to determine future role will begin in June




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Yemen ceasefire announced by Saudi-led coalition

Move in response to UN call to focus on preventing Covid-19 outbreak in war-torn country




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UAE risks inclusion on financial watch list over money laundering

Financial Action Task Force said Gulf state not doing enough to stem dirty financial flows




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Letter from Beirut: amid the protests, dreams of the dance floor

Nightlife, resilient to war and terrorism, has been paralysed by coronavirus




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With prom cancelled, students mourn a missed milestone

Teens who don’t want to miss the rite of passage are dressing up for leavers’ balls on TikTok




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For fashion labels launched during the pandemic, what now?

In fashion, timing is everything. When coronavirus turned the world upside down, these new brands had to pivot quickly to survive




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Classical ballet and contemporary dance

As the Royal Ballet rehearses Christopher Wheeldon's 'Alice in Wonderland', its first new full-length ballet in 15 years, Peter Aspden talks to Royal Ballet principal Tamara Rojo, Sadler’s Wells artistic director Alistair Spalding and FT critic Clement Crisp. Does 'Alice' represent a return to traditional values? Are ballet companies doing enough to encourage new work? And, what is the relationship between classical ballet and contemporary work? Produced by Griselda Murray Brown  


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Terrence Malick's The Tree of Life

It premiered at Cannes to cheers and boos, and went on to win the Palm D’Or. Some called it a masterpiece; others dismissed it as overblown nonsense. But what’s so divisive about Terrence Malick’s ambitious new film? It’s a coming-of-age story set in 1950s Texas but it also has long sequences that explore the natural world and the origins of the universe. Does it work? And is its strong religious strain likely to turn off non-believers? Raphael Abraham is joined in the studio by Nick James, editor of Sight & Sound magazine, Peter Aspden, FT arts writer, and Leo Robson, film critic. Produced by Griselda Murray Brown  


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Interactive theatre and the role of the audience

From shouts of “he’s behind you” at a Christmas pantomime to truly “immersive” productions in which audience members shape the action, audience participation is rife. The radical Belgian theatre company Ontroerend Goed – known for shows that test theatrical as well as moral boundaries – are now staging their latest play, Audience, at London’s Soho Theatre. Sarah Hemming, FT theatre critic, talks to Matthieu Sys, an actor in Audience, Neville Hawcock, the FT’s deputy arts editor, and the critic Suzi Feay about the changing role of the audience. Produced by Griselda Murray Brown  


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Margin Call and the financial thriller

Margin Call, the latest in a line of films on the crash of 2008, depicts a Wall Street investment bank’s last ditch attempts to save itself from impending disaster. Written and directed by first time feature director J.C.Chandor – and starring Kevin Spacey, Demi Moore and Jeremy Irons – The New Yorker called it “the best Wall Street movie ever made”. It’s been marketed as a thriller – but how do you create excitement when the action consists of men in suits peering at computer screens and talking on Blackberries? Does Margin Call have anything new to say on the much-debated causes of the collapse? Andrew Hill, FT management editor, puts these questions to Alex Preston, ex-City trader and author of This Bleeding City; Peter Aspden, FT arts writer; and Leo Robson, film and television critic. Produced by Griselda Murray Brown  


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Spoken word: the rise of performance poetry

Spoken word is a form of poetry usually written to be performed in front of an audience, and often associated with hip hop culture. In recent years its popularity has soared in the UK – and now, as part of the London Literature Festival, the Southbank Centre is hosting the final of “Shake the Dust”, a national poetry slam for teenagers. So, what’s the difference between “page” and “stage” poetry? Does spoken word have a political bent? And can poets hope to change anything? Jan Dalley puts these questions to the poet, rapper and playwright Kate Tempest; poet and artistic director of the “Shake The Dust” Jacob Sam-La Rose; and critic Suzi Feay. Produced by Griselda Murray Brown  


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Only in France? Peter Aspden on cultural stereotypes

We love French culture, yet according to a recent study there’s something in it that makes the French miserable. But every nation’s artistic mindset has its drawbacks, argues the FT’s arts writer  


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You had to be there: Jan Dalley on art and presence

As performance artist Marina Abramovic showed, the paradox of our digital age is our hunger for personal presence, says the FT's arts editor  


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Age of innocence? Julius Purcell on the cultural legacy of 1913

Pre-first world war Vienna has some curious parallels with Spain today  


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Going it alone: Erica Wagner on creative independence

Omnicom/Publicis, Penguin/Random House – the cultural landscape is dominated by ever fewer, ever bigger businesses. Yet artists and audiences alike are finding benefits in shunning their embrace  


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The Great Remembrance: Jan Dalley on the first world war centenary

The sheer scale of suffering in the 1914-18 conflict is hard to grasp. As preparations begin for the centenary commemoration, the FT’s arts editor argues that culture has a vital role to play  


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Showy business: Leo Robson on the ‘McConaissance’

Matthew McConaughey’s career revival provides a neat case study of how an actor can wrest back control of his image. It also tells a broader story about our weakness for a certain kind of Acting.  


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When violence gets real

As the Imperial War Museum unveils a £40 million refurbishment, Ludovic Hunter-Tilney reflects on the ubiquity of violence in popular culture.  


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Florence and the machines: the British Library Sound Archive

Peter Aspden visits the basement treasure-house where recordings of Florence Nightingale, 1940s electronica and other rarities are stored alongside some equally exotic audio technology  


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Behind the podcast renaissance

Podcasts have existed for more than 10 years but have recently seen a surge of interest, spurred by the success of the true crime drama Serial, which has been downloaded more than 70m times. What is driving the so-called “podcast renaissance”? How are they different from radio shows? And do they pose a threat to traditional broadcasting? FT technology editor Ravi Mattu is joined by literature professor Sarah Churchwell, veteran podcaster Helen Zaltzman and Mark Friend, who is responsible for BBC Radio online. Produced by Griselda Murray Brown and Lily Le Brun  


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The Life of a Song: Someday My Prince Will Come

What drew jazz musicians like Miles Davis and Chet Baker to a twinkly tune from Disney's 'Snow White'? And what became of the child star who first sang it? Lilian Pizzichini traces its history  


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The Life of a Song: Good King Wenceslas

This 1853 Christmas Carol, set to the melody of a 13th-century Nordic Hymn, has since fallen into the hands of Joan Baez, Tom Jones and Ritchie Blackmore of Deep Purple.  


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Sincerity or self-branding: what defines millennial music?

From the unstoppable rise of hip-hop to the 'millennial whoop', what does today's new music sound like? And how has social media changed the relationship between artists and fans?


Harriet Fitch Little, India Ross and Griselda Murray Brown discuss Drake, Cardi B and DJ Khaled - in particular 'Wild Thoughts' ft. Rihanna and Bryson Tiller from 2017, which leans heavily on the melody and mood of Santana's 1999 hit 'Maria Maria', the coming-of-age soundtrack for the oldest cohort of millennials. 


Warning: this podcast contains a live 'millennial whoop'.

 

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France to reallocate Africa aid money for fight against coronavirus 

Macron also backs calls for debt relief as he seeks to be seen as champion of continent’s interests




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Mid-life financial MOT, credit card debts and Britain's growing tax gap

Do you find yourself stumped by questions about how much to put towards your mortgage payment versus your investments? It may be time for a midlife financial MOT. Presenter James Pickford talks to FT reporter Lucy Warwick-Ching about why advisers are targeting people in their forties and fifties. Next, we speak to a woman who cleared credit card debt to the tune of £16,000. And finally, we discuss what's behind Britain's growing tax gap. 

 

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'Facebank', financial scams and shareholder rights

Facebook plans to shake up the finance world with a new digital currency called Libra - we hear about its pros and cons. Next up, we discover what Moll Flanders, the literary anti-heroine, can tell us about modern day bank fraud. And finally we find out how smaller shareholders can stand up for their rights. 

 

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Inheritance tax rules, confusion over freelance tax payments and investing in fine wines

Inheritance tax rules are due for a shake up - FT Money editor Claer Barrett asks whether efforts to simplify the system can ever shake off its claim to be "Britain's most hated tax"? Next, experts discuss whether the IR35 tax rules are flawed or not. And finally, Alan Livsey, the FT's wine buff talks about an investment that is literally liquid - fine wine.

 

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Financial Room 101 - what would you most like to banish?

What are the biggest barriers to managing our money? Special guests Martin Wolf, Bobby Seagull and Justin Urquhart Stewart tell presenter Claer Barrett what they would banish to ‘Room 101’ to improve the nation’s finances. This week's podcast comes to you from the FT Money tent at the FT Weekend Festival at Kenwood House. 

 

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Are you facing losses from the closure of the Woodford equity income fund?

Hundreds of thousands of investors with money trapped in the Woodford Equity Income fund found out this week that the fund is to be liquidated, the fund manager would be sacked and that their money would be returned to them eventually. Claer Barrett, FT money editor, talks to guests about how much money investors have lost and how much they are likely to get back and when. Plus we hear from someone who was landed with a £476 fine and a criminal record - just for forgetting to charge her iphone. 

 

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Election planning for your finances, digital tax returns and balancing your budget

Taxing questions ahead of the General Election - as the spending pledges of the major parties add up, how might the tax rules change to pay for it all? Presenter Claer Barrett talks to Nimesh Shah, a partner at Blick Rothenberg to get the answers. Plus, if you’re already dreading your annual tax return, would you prefer it if computers did it for you? Chris Giles, the FT’s economics editor, has been probing the future shift toward personal tax accounts that could deduct what you owe in real time! And finally, Becky O'Connor from Royal London tells listeners about a host of savings tips and tricks that could help you balance your own budget. 

 

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How to find a financial adviser, general election planning for your finances and the rise of the 40 year mortgage

How to find a financial adviser - a relationship with an adviser you can trust is something that FT readers often tell us is hard to come by. FT Money editor Claer Barrett talks to Damian Fantato, deputy editor of FT Adviser about the solution. Plus, with less than a month to go until the general election, financial advisers tell us they are getting calls from a lot of worried clients - we discuss what's troubling them. And finally, the rise of the 40-year mortgage - Paul Lewis, presenter of BBC Moneybox is here to share his own worries about extra long hours.

 

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The general election and your finances, the gender pensions gap and our love/hate relationship with cash

The general election and your finances - with a week to go, what changes could the major parties bring in? Presenter Claer Barrett talks to Rachael Griffin, a tax expert at Quilter, about the pledges. Next up on the show if you're self employed, have you got a pension? A third of self-employed women say they are saving nothing into a pension. Blogger Emma Maslin, better known as the Money Whisperer, has lots to say on this topic. And finally - they might say it's vulgar to talk about money, but James Max, our Rich People's Problems columnist is here to explain why he loves cash.

 

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You’ve made a financial mistake - now what

2019 has been a bumper year for bad investments - the unravelling of Neil Woodford's investment empire has left many nursing heavy losses, others have lost money in mini bonds or have money trapped in property funds. Presenter Claer Barrett talks to experts about what people should do if their investments haven't worked. Plus, as we enter the season of goodwill we tell listeners how to talk to their family about money.  

 

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Has Harry Potter been a wizard with his finances 

Harry Potter will turn 40 in the year 2020, but has he been a wizard with his finances? Presenter James Pickford speculates on his fictional fortune with Moira O’Neill, head of personal finance at Interactive investor - plus we look at the financial impact of a Dry January, and where to find the best deals on gym membership.

 

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Pensions tax relief, Winter fuel allowance and Britain's house prices

Is time running out for pensions tax relief? Chancellor Sajid Javid is reported to be considering a major shake-up of pensions at the Budget in a months time. The FT's pensions correspondent Josephine Cumbo talks to FT Money editor Claer Barrett about what form this could take. Next up, we debate the value of the Winter Fuel Allowance for wealthy pensioners. And finally, our resident property guru James Pickford on how the next property cycle could turn out. 

 

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Finance on Instagram: what's not to like?

The "Instagram generation" are more famous for sharing consumption-driven images than being savvy with money - but the social media platform is increasingly providing the "inspo" for young people looking to save money, learn to budget, start investing or get out of debt. Presenter Claer Barrett talks to FT Money writer Katharine Gemmell and FT columnist Jason Butler. 

 

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Former Zambian finance ministers and officials push for IMF deal

President urged to secure rescue deal as economy ‘on verge of collapse’




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Emerging economies call for more financial help after G20 deal

Middle-income countries plead for assistance as investors face pressure to negotiate




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Default at South Africa’s Land Bank increases pressure on Ramaphosa

Century-old agriculture lender is latest state group in need of government support




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Mozambique’s Islamist insurgency adds to gas industry nerves

Violence surges as sector faces headwinds from oil price crash and coronavirus 




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Remittance flows expected to plunge more than $100bn

Coronavirus hit to global economy depletes vital source of finance for poor nations




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Jancis Robinson’s stunning white wines for the festive season

From a delicate Muscadet to a powerful Meursault, 26 wines of excellent value