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Moral hazard, again

There is a grim irony in the wealthy seeking bailouts due to bad bets on working people




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UK property market moves into cold storage

Experts predict transactions could plunge 50 per cent year-on-year, but what could it mean for house prices? 




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What is the outlook for the UK housing market?

Share your experiences of trying to buy or sell a house under current market conditions 




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£1m-plus mortgage borrowers pay over the odds

Interest rate disparity could add nearly £2,500 per month to the cost of servicing a £5m mortgage 




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Home improvers hit by remortgage problems

Dig downs and loft extensions may increase the value of a home, but it’s hard to borrow against this




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I’m buying a property — can I get a discount? 

Homebuyers trying to chip the price of property deals could be disappointed 




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Bank of Mum and Dad enters the bailout business

As young renters feel the pain, parents are having to bridge the financial gaps




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US businesses face uncertainty over paying staff for temperature checks

The time it takes for employees to be assessed is putting companies in delicate legal territory




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Hot springs and baseball stadiums core to Japan’s national security

Activists wary after finance ministry names ‘core’ stocks covered by law on foreign investment




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Government eyes flexible furlough extension to get UK back to work

Sharma signals tapering of scheme as Johnson prepares to announce road map out of lockdown




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How a plot to overthrow Venezuela’s Maduro ran aground

Former Navy Seal who trained some of ragtag crew tells FT plan was ‘half-cocked’ and ‘inept’




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Neighbourhood walks: Aoyama, Tokyo

This is the first in a new FT Globetrotter series, in which correspondents and writers explore their local area up close. In Japan’s capital, despite the deserted shopping streets, nature is in full bloom




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Brighton theatre fears lockdown could bring curtain down permanently

Survival of coastal city’s vibrant arts scene will depend on community ‘being on the front foot’




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US lawmakers clash over new stimulus as jobless rate soars

Scale of unemployment underscores urgency of additional emergency relief funds




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Few precedents for grim US jobless numbers

Economists look back to the Great Depression for clues on the scale of the economic crisis




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My First Million: Andy Scott, turnround specialist

‘There are no warranties when you take on an insolvent company’




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My First Million: Mike Battle, LaplandUK founder

From hedge fund manager to making children’s festive dreams come true




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My First Million: Nicholas Gill, chief executive, David Phillips

We grew too fast, but came back stronger




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Tesco/UK dividends: welcome to the witch trials

Cancelling payouts should not become a loyalty test




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More than £52bn in dividend payments at risk in UK

Almost half of British companies have scrapped payouts in response to coronavirus




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UK watchdog orders insurers to pay small business claims quickly

FCA warns failure to act could count against provider’s regulatory record




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FT ranking: Asia-Pacific High-Growth Companies

Coronavirus means many businesses face an uncertain future but the region’s fundamentals will aid recovery




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Cover Genius tops FT ranking with insurtech platform

The Australian company was borne out of an online travel business that had a problem to solve




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FT High-Growth Companies Asia-Pacific

Businesses shift their focus from scale to survival as a coronavirus-led downturn takes hold — but the region’s underlying growth prospects bode well for the recovery




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Admiral to refund £110m of premiums as drivers stay at home

Move by UK group will put pressure on other insurers to follow suit 




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Admiral shows the insurance industry how it is done

Company to refund fraction of policy premiums to reflect reduction in driving  




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Two UK insurers outline scale of coronavirus claims

Hiscox expects $150m of claims while Beazley expects to pay out $170m




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Governments should backstop trade credit

As corporate insolvencies soar and firms try to hang on to their cash as long as possible, expect to hear a lot more about trade credit insurance.




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Admiral pulls special dividend but maintains final payout 

Insurers have been urged by regulators to reconsider shareholder payments during lockdown




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UK companies to shun business interruption insurance

Dissatisfaction grows as watchdog calls on courts to act quickly on Covid-19 disputes




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Why the cost of protecting directors from lawsuits has soared

Tesla’s decision to buy liability cover from Elon Musk instead of a traditional insurer comes after premiums shot up




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Markets should beware this morally hazardous approach to policymaking

Central banks repeatedly set the stage for the next boom and bust cycle, fuelled by growing debt




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Plagues, paranoia and my very Tudor lockdown

Hilary Mantel’s lessons for a pandemic




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How to save pandemic survivors from unemployment

Government must prioritise getting the young back to work




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Free markets must be protected through the pandemic

Sensible and targeted state intervention can help capitalism to thrive post-crisis




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Netflix is chilling in Iceland but the rest of the world is a problem

As global lockdowns boost streaming subscriptions, filming freezes spell trouble ahead




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The time is ripe to reform UK university finance

Cutting tuition fees is no longer realistic, but there are other ways to better support vital courses




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Take me to the world … of lockdown entertainment

What is it that makes an online performance really sing?




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Maybe Elon Musk won’t save me after all

My love affair with the Tesla chief can’t survive the pandemic




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Robots/Covid-19: automation rations

Pandemic may spur greater use of robotics in food industry to cater for virus-wary customers




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Trying to write fiction in superfictional times

Crises have inspired classics of literature — so is the great Covid-19 novel already under way?




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Lockdown wines: the best reds to order from home

Great value can be unearthed in some of the cheapest wines from impeccable producers




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Coronavirus: Retail investors attempt to navigate crisis

DIY investors and those in pensions drawdown scramble to adapt as stock markets plunge 




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Equalise front-line doctors’ death benefits, says BMA

Some families of medics who die in service will receive higher payouts than others under current rules




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Income investors face ‘dividend drought’

£3.5bn worth of dividend payments cancelled this week 




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Managing retirement income in a crisis

Those in pensions drawdown are at risk of  pound cost ravaging




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Regulators urge UK savers to ‘keep calm’ during coronavirus volatility

Investors encouraged to take time before making any changes to their retirement plans




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How the coronavirus threatens Asia-Pacific’s $7tn pensions market

Sector across region hit by fears of panicked mass withdrawals due to pandemic




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Consumers warned over surge in coronavirus scams

Fraudsters are exploiting fears over pandemic to target pension savers, investors and online consumers




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Aviva pension clients barred from cashing in property assets

Provider cites coronavirus market turmoil for uncertainty over valuations