Accessibility helpSkip to navigationSkip to contentSkip to footer
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign In
  • Home
  • World
    Sections
    • World Home
    • Middle East war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    Most Read
    • UK
      Sections
      • UK Home
      • UK Economy
      • UK Politics
      • UK Companies
      • Personal Finance
      Most Read
      • Companies
        Sections
        • Companies Home
        • Energy
        • Financials
        • Health
        • Industrials
        • Media
        • Professional Services
        • Retail & Consumer
        • Tech Sector
        • Telecoms
        • Transport
        Most Read
        • Tech
          Sections
          • Tech Home
          • Artificial intelligence
          • Semiconductors
          • Cyber Security
          • Social Media
          Most Read
          • Russian court approves scandal-hit Wildberries merger
          • AI-powered devices dominate Consumer Electronics Show
          • The uncomfortable truth about social media networks
          • Silicon Valley’s largest start-ups to shun IPOs in 2025
          • Musk calls on California and Delaware to force auction of OpenAI stake
        • Markets
          Sections
          • Markets Home
          • Alphaville
          • Markets Data
          • Crypto
          • Capital Markets
          • Commodities
          • Currencies
          • Equities
          • Wealth Management
          • Moral Money
          • ETF Hub
          • Fund Management
          • Trading
          Most Read
          • Climate
          • Opinion
            Sections
            • Opinion Home
            • Columnists
            • The FT View
            • The Big Read
            • Lex
            • Obituaries
            • Letters
            Most Read
            • Lex
            • Work & Careers
              Sections
              • Work & Careers Home
              • Business School Rankings
              • Business Education
              • Europe's Start-Up Hubs
              • Entrepreneurship
              • Recruitment
              • Business Books
              • Business Travel
              • Working It
              Most Read
              • American Airlines’ use of ‘ESG activist’ BlackRock failed workers, US judge says
              • Do you want the good feedback, or the bad feedback? 
              • The underwear brand that’s neither Victoria’s Secret nor ‘Bridget Jones granny pants’
              • Narcissist CEOs like risky insider trading and are bad at it: study
            • Life & Arts
              Sections
              • Life & Arts Home
              • Arts
              • Books
              • Food & Drink
              • FT Magazine
              • House & Home
              • Style
              • Travel
              • FT Globetrotter
              Most Read
              • HTSI
              MenuSearch
              • Home
              • World
              • UK
              • Companies
              • Tech
              • Markets
              • Climate
              • Opinion
              • Lex
              • Work & Careers
              • Life & Arts
              • HTSI
              Financial Times
              SubscribeSign In

              Sam Fleming

              Economics Editor

              Sam Fleming is the FT's economics editor. He was previously Brussels bureau chief until the summer of 2023, covering EU policy. Between 2015 and 2019 he was based in Washington DC, working as US economics editor and deputy bureau chief. He joined the FT in 2013 to cover financial regulation.
              Email Sam Fleming @Sam1Fleming  on Twitter (link opens in a new browser window)
              • Saturday, 11 January, 2025
                Rachel Reeves
                Reeves seeks to revive City of London links with China

                Chancellor to promote closer ties between London and Shanghai stock exchanges while on Beijing trip

                Rachel Reeves, UK chancellor of the exchequer, left, shakes hands with He Lifeng, China’s vice-premier, in Beijing
              • Friday, 10 January, 2025
                UK economy
                Labour intensifies push for growth to avoid ‘disastrous’ tax rises

                Punishing week on bond markets ends with UK government borrowing costs significantly higher

                Montage with Rachel Reeves, line chart and Bank of England logo
              • Friday, 10 January, 2025
                UK government spending
                Whitehall braced for spending cuts after UK hit by bond market turmoil

                Rising gilt yields mean government departments may face further squeeze

                The Treasury
              • Thursday, 9 January, 2025
                Sovereign bonds
                Bond market ‘police’ are back as investors patrol spending plans

                Debt market flare-ups show growing pushback against governments’ loose fiscal policies

                View of busy street in Paris
              • Wednesday, 8 January, 2025
                ExplainerGilts
                Has the bond market turned against Rachel Reeves?

                Rising UK borrowing costs raise risk that chancellor will have to impose tighter fiscal policy as soon as March

                A montage of Rachel Reeves and bar chart lines in the foreground
              • Wednesday, 8 January, 2025
                Gilts
                UK 10-year borrowing costs hit highest level since 2008

                Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rules

                The UK Treasury building and logo
              • Tuesday, 7 January, 2025
                UK economy
                UK long-term borrowing costs hit highest level since 1998

                Rising interest costs raise fears about chancellor’s ability to hit revised fiscal rules

                The London skyline
              • Sunday, 5 January, 2025
                UK business
                UK businesses plan price increases as Budget drives up costs

                Tax and wage rises have caused confidence to ‘slump’, warns British Chambers of Commerce

                A chef making burgers
              • Friday, 3 January, 2025
                News in-depthUK economy
                Can the creative industries add stardust to UK’s stalling economy?

                Ministers look to booming sector as wider growth loses momentum

                Dean Horne
              • Thursday, 2 January, 2025
                US economy
                Trump’s ‘Maganomics’ will hurt growth, economists tell FT polls

                On both sides of Atlantic, most surveyed claim protectionist shift will overshadow benefits of other policies

                Donald Trump and line chart
              • Thursday, 2 January, 2025
                UK economy
                Problems with UK economy data could be widespread, warns lawmaker

                Meg Hillier highlights damaging consequences of under-investment in key forecasting systems

                Meg Hillier is seated in a committee room
              • Friday, 20 December, 2024
                News in-depthUK economy
                Reeves heads into harsh 2025 as UK Budget damage reverberates

                Chancellor plans set-piece new year speech to reboot growth ‘mission’ as invidious fiscal choices loom

              • Friday, 20 December, 2024
                FT News Briefing podcast11 min listen
                Why Microsoft needs nuclear energy

                Big Tech’s AI data centres need a huge amount of power

              • Thursday, 19 December, 2024
                Global inflation
                Renewed inflation fears stalk central bankers as markets shudder

                Policymakers say they will only cut rates slowly in 2025 as they struggle with ‘last mile’ of cooling price growth

                A television station broadcasts Jay Powell, chair of the US Federal Reserve, on the floor of the New York Stock Exchange
              • Thursday, 19 December, 2024
                UK interest rates
                Bank of England keeps rates on hold as growth prospects dim

                Central bank maintains benchmark at 4.75% and highlights risk of persistent inflation

                Line chart showing Bank of England interest rate
              • Wednesday, 18 December, 2024
                Gilts
                UK borrowing costs climb as ‘stagflation’ fear stalks gilt market

                Stubborn inflation and stalling growth have driven yields back to the highs reached after October’s Budget

                The City of London skyline
              • Wednesday, 18 December, 2024
                UK inflation
                UK inflation rises to 2.6% in November

                Figure cements expectations Bank of England will hold interest rates steady on Thursday

              • Monday, 16 December, 2024
                UK economy
                Higher business taxes take toll on UK economy as companies cut back hiring

                Fall in private sector employment blamed on Reeves’ £25bn increase in employers’ national insurance contributions

                Commuters on their way to work cross London Bridge
              • Monday, 16 December, 2024
                UK public finances
                Treasury rules out emergency Budget as Reeves sets March date for statement

                Chancellor will speak alongside new OBR forecasts on March 26

                Chancellor Rachel Reeves
              • Monday, 16 December, 2024
                EU trade
                EU presses for new powers to combat threat of Chinese import surge

                Brussels increasingly concerned it would struggle to fight back in a global trade war

                An employee works on a circuit board production line at the workshop of Anhui Shixin Electronic Technology
              • Friday, 13 December, 2024
                ExplainerUK economy
                Labour’s push for growth hit by latest fall in UK output

                Weaker business and consumer confidence contribute to lacklustre economy

                Montage shows Rachel Reeves, Andrew Bailey and Sir Keir Starmer against a data backdrop
              • Tuesday, 10 December, 2024
                UK financial regulation
                MPs should quiz ‘finfluencers’, says Treasury select committee chair

                Meg Hillier highlights concern over people turning to ‘some random on TikTok’ for financial guidance

                Dame Meg Hillier
              • Saturday, 7 December, 2024
                Brexit
                Rachel Reeves to pledge ‘ambitious’ economic partnership with EU

                UK chancellor will promise to fully honour post-Brexit deals in meeting with bloc’s finance ministers

                Chancellor of the Exchequer Rachel Reeves
              • Thursday, 5 December, 2024
                News in-depthUK politics
                How reachable are Keir Starmer’s new policy ‘milestones’?

                Targets aimed at showing voters that government is on track vary wildly in ambition, experts say

                Montage shows Sir Keir Starmer, newbuild housing and an NHS worker with an elderly patient against a data background
              • Wednesday, 4 December, 2024
                UK politics
                Starmer refuses to repeat Labour’s G7 growth pledge

                Prime minister will set new target on Thursday, as he courts investment during Qatari visit to Britain

                Sir Keir Starmer is questioned on the growth pledge in the House of Commons on Wednesday
              Previous page You are on page 1 Next page

              Useful links

              Support

              View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareersSuppliers

              Legal & Privacy

              Terms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & Policies

              Services

              Share News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT Schools

              Tools

              PortfolioFT AppFT Digital EditionFT EditAlerts HubBusiness School RankingsSubscription ManagerNews feedNewslettersCurrency Converter

              Community & Events

              FT Live EventsFT ForumsBoard Director Programme

              More from the FT Group

              Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2025. 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.
              Edition:UK
              International
              Subscribe for full access

              Top sections

              • Home
              • World
                • Middle East war
                • Global Economy
                • UK
                • US
                • China
                • Africa
                • Asia Pacific
                • Emerging Markets
                • Europe
                • War in Ukraine
                • Americas
                • Middle East & North Africa
              • UK
                • UK Economy
                • UK Politics
                • UK Companies
                • Personal Finance
              • Companies
                • Energy
                • Financials
                • Health
                • Industrials
                • Media
                • Professional Services
                • Retail & Consumer
                • Tech Sector
                • Telecoms
                • Transport
              • Tech
                • Artificial intelligence
                • Semiconductors
                • Cyber Security
                • Social Media
              • Markets
                • Alphaville
                • Markets Data
                • Crypto
                • Capital Markets
                • Commodities
                • Currencies
                • Equities
                • Wealth Management
                • Moral Money
                • ETF Hub
                • Fund Management
                • Trading
              • Climate
              • Opinion
                • Columnists
                • The FT View
                • The Big Read
                • Lex
                • Obituaries
                • Letters
              • Lex
              • Work & Careers
                • Business School Rankings
                • Business Education
                • Europe's Start-Up Hubs
                • Entrepreneurship
                • Recruitment
                • Business Books
                • Business Travel
                • Working It
              • 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
              • HTSI
              • Special Reports

              FT recommends

              • Alphaville
              • FT Edit
              • Lunch with the FT
              • FT Globetrotter
              • #techAsia
              • Moral Money
              • Visual and data journalism
              • Newsletters
              • Video
              • Podcasts
              • News feed
              • FT Schools
              • FT Live Events
              • FT Forums
              • Board Director Programme
              • myFT
              • Portfolio
              • FT Digital Edition
              • Crossword
              • Our Apps
              • Help Centre
              • Subscribe
              • Sign In