Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies (opens in new window) for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.
Manage cookies
Accept & continue
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
myFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • Americas
    • Middle East and North Africa
    Most Read
    • Trump considers fast-tracking UK Covid-19 vaccine before US election
    • Alarm across Europe over surge in coronavirus cases
    • Lawyers sound alarm on welfare of former Saudi crown prince
    • Kellyanne Conway to leave White House before election
    • Taiwan’s ‘bandit phone king’ hit by US crackdown on Huawei
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    • US Presidential Election 2020
    Most Read
    • Trump considers fast-tracking UK Covid-19 vaccine before US election
    • US election: a divided Republican party questions Trump legacy
    • Kellyanne Conway to leave White House before election
    • Taiwan’s ‘bandit phone king’ hit by US crackdown on Huawei
    • Bets against US stocks drop to 15-year low as market rallies
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • City employers plan for lasting switch to remote working
    • Nokia goes back to the future with new team leading 5G charge
    • Global dividends suffer worst quarterly fall since 2009
    • Virgin Atlantic in last-ditch creditor talks ahead of crunch vote
    • Tata to launch super app covering range of digital services
  • Tech
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    Most Read
    • Bets against US stocks drop to 15-year low as market rallies
    • Botswana’s ex-president rejects claims of $10bn theft
    • Time for action on America’s Darwinian debt struggle
    • What steps will central bankers reveal at Jackson Hole summit?
    • Further reading
  • Graphics
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • The Big Read
    • Instant Insight
    • Lex
    • Alphaville
    • Obituaries
    • Letters
    Most Read
    • The risk of a no-deal Brexit is rising, and that’s no bad thing
    • Democrats cannot rule out Trump victory
    • Why saying no can make you indispensable at work
    • The dubious appeal of ESG investing is for dupes only
    • A poorer retirement is pandemic’s hidden legacy
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    Most Read
    • Why workers in some countries are more comfortable about returning to the office | Free to read
    • Why saying no can make you indispensable at work
    • What does a still-young former BT chief do next?
    • Autonomous ships are about to set sail
    • I have been laid off — how do I get a job amid the current crisis?
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
    Most Read
    • Excuse my French: learning a language in lockdown
    • Finding freedom — and clothes — in Tokyo
    • Cycling in London: how to ride to work
    • Rick Wakeman on his ‘preposterously productive’ career and new album ‘The Red Planet’
    • The curse of the Airbnb aesthetic
  • How to Spend It
  • Sign In
  • Subscribe
  1. Opinion
  2. The FT View
    MenuSearch
    • Home
    • World
    • US
    • Companies
    • Tech
    • Markets
    • Graphics
    • Opinion
    • Work & Careers
    • Life & Arts
    • How to Spend It
    Financial Times
    • Sign In
    • Subscribe

    Coronavirus business&nbspupdate Get 30 days’ complimentary access to our Coronavirus Business Update newsletter 30 days complimentary

    Get the newsletter now

    The FT View

    Financial Times editorials
    “Without fear and without favour”: Since 1888, this newspaper has argued for free markets, free trade, and liberal democracy. These commitments are renewed daily by the editorial board, which offers opinion and analysis on behalf of the FT.

    Add to myFT Digest

    Add this topic to your myFT Digest for news straight to your inbox

    • Monday, 24 August, 2020
      The editorial board
      Mali is the epicentre of a growing extremist threat

      An inclusive state and credible army can help reduce terrorism risks

    • Monday, 24 August, 2020
      The editorial board
      The Whitehall machine needs an overhaul

      But modernisation must not be a route to politicising the civil service

    • Sunday, 23 August, 2020
      The editorial board
      A poorer retirement is pandemic’s hidden legacy

      Workers will need to live with lower returns from their pensions

    • Sunday, 23 August, 2020
      The editorial board
      Learning from China’s unequal recovery

      Beijing has focused more on helping businesses than workers

    • Friday, 21 August, 2020
      The editorial board
      Melting ice is a reminder of the climate emergency

      A Biden victory could help to shift the fight against carbon emissions

    • Friday, 21 August, 2020
      The editorial board
      Pandemic puts a shine on Apple

      The technology pioneer profited from the crisis but battles loom

    • Thursday, 20 August, 2020
      The editorial board
      Russia’s dark culture of political violence

      Suspected poisoning of Alexei Navalny points to an atmosphere of impunity

    • Thursday, 20 August, 2020
      The editorial board
      Britain’s mysteriously robust housing market

      Prices have risen and sales resumed despite a weak economic outlook

    • Wednesday, 19 August, 2020
      The editorial board
      In Thailand, a new generation finds its voice

      Young pro-democracy protesters are breaking old taboos

    • Promoted Content
    • Wednesday, 19 August, 2020
      The editorial board
      Playing the virus blame game

      Middle of a pandemic is not the time for a major UK health reorganisation

    • Tuesday, 18 August, 2020
      The editorial board
      Blame the politicians, not the technology, for A-level fiasco

      Britain’s algo debacle emphasises the importance of human judgment

    • Tuesday, 18 August, 2020
      The editorial board
      Defusing tensions in the eastern Mediterranean

      EU needs a more coherent approach to energy policy and the region

    • Monday, 17 August, 2020
      The editorial board
      Private equity should help itself

      Britain’s government must tread cautiously as it considers a bailout

    • Monday, 17 August, 2020
      The editorial board
      Central banks should not rush into digital currencies

      State-backed rivals to bitcoin are inevitable but carry risks

    • Sunday, 16 August, 2020
      The editorial board
      Israel’s deal with UAE is a setback for wider peace

      Lack of resolution for Palestinians stores up more problems for the future

    • Sunday, 16 August, 2020
      The editorial board
      The hidden dangers of a poorly handled pay-off

      The sacking of McDonald’s boss shows how ill-prepared severance deals can backfire

    • Friday, 14 August, 2020
      The editorial board
      Keeping the torch of global democracy alight

      Authoritarians are not necessarily gaining the upper hand

    • Thursday, 13 August, 2020
      The editorial board
      UK school-leavers have been sorely let down

      The ‘Covid generation’ risk seeing their future prospects tarnished

    • Thursday, 13 August, 2020
      The editorial board
      Kamala Harris and the future of the Democrats

      Joe Biden’s running mate embodies the progressive trend of the party

    • Wednesday, 12 August, 2020
      The editorial board
      The UK’s future prosperity depends on a robust recovery

      Size of the drop in second quarter is less important than the strength of the rebound

    • Wednesday, 12 August, 2020
      The editorial board
      Lebanon needs a credible government of reform

      Ruling elites must empower a new cabinet to overhaul the economy

    • Tuesday, 11 August, 2020
      The editorial board
      Uber and Lyft should treat drivers as employees

      Gig economy companies are under mounting pressure to meet their obligations

    • Monday, 10 August, 2020
      The editorial board
      The people of Belarus are demanding their freedom

      Alexander Lukashenko’s regime has shown its moral and political bankruptcy

    • Monday, 10 August, 2020
      The editorial board
      The right way to restructure after Covid

      Difficult decisions cannot be delayed but need to be handled carefully

    • Sunday, 9 August, 2020
      The editorial board
      The risks of a broken American election

      Trump’s assault on absentee voting amid coronavirus is a dark omen

    Previous You are on page 1 Next

    Useful links

    Support

    View Site TipsHelp CentreAbout UsAccessibilitymyFT TourCareers

    Legal & Privacy

    Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

    Services

    FT LiveShare News Tips SecurelyIndividual SubscriptionsGroup SubscriptionsRepublishingContracts & Tenders
    Executive Job SearchAdvertise with the FTFollow the FT on TwitterFT TransactSecondary Schools

    Tools

    PortfolioToday's Newspaper (ePaper)Alerts HubMBA Rankings
    Enterprise ToolsNews feedNewslettersCurrency Converter
    More from the FT Group
    Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2020. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
    The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
    Financial Times

    International Edition

    • Switch to UK Edition
    • Top sections
    • Home
    • World
      • Global Economy
      • UK
      • US
      • China
      • Africa
      • Asia Pacific
      • Emerging Markets
      • Europe
      • Americas
      • Middle East and North Africa
    • US
      • US Economy
      • US Companies
      • US Politics & Policy
      • US Presidential Election 2020
    • Companies
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
    • Tech
    • Markets
      • Alphaville
      • Markets Data
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Trading
      • Moral Money
    • Graphics
    • Opinion
      • Columnists
      • The FT View
      • The Big Read
      • Instant Insight
      • Lex
      • Alphaville
      • Obituaries
      • Letters
    • Work & Careers
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
    • Life & Arts
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
    • Personal Finance
      • Property & Mortgages
      • Investments
      • Pensions
      • Tax
      • Banking & Savings
      • Advice & Comment
      • Next Act
    • How to Spend It
    • Special Reports
    • FT recommends
    • Lex
    • Alphaville
    • Lunch with the FT
    • FT Globetrotter
    • #techAsia
    • Moral Money
    • FTfm
    • Newsletters
    • Video
    • Podcasts
    • News feed
    • myFT
    • Portfolio
    • Today's Newspaper (ePaper)
    • Crossword
    • Our Apps
    • Help Centre
    • Subscribe
    • Sign In