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Coronavirus claims thousands of UK businesses 

At least 21,000 more companies failed in March compared with the year before 




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Sanders exits just as big government returns 

A key legacy of the self-described socialist has been to shift the Democratic party to the left




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US threatens to use nuclear deal clause in fresh Iran sanctions

Pompeo insists Washington is still participant of accord despite 2018 withdrawal




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Sanofi turns to AI to cut Chinese recruitment churn

Pharma company’s use of algorithms marks fast-growing trend in big digitally-savvy markets including India




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How to create a stylish reading sanctuary in lockdown

Nooks for books can be created anywhere in the home




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Deutsche Bank overhaul, Orcel's Santander lawsuit and Dublin's banking ambitions

Patrick Jenkins and guests discuss Deutsche Bank's radical overhaul, Andrea Orcel's lawsuit against Santander and Ireland's plans to expand Dublin as a financial centre. With special guest Michael D'Arcy, Irish financial services minister.


Contributors: Patrick Jenkins, financial editor, David Crow, banking editor, Olaf Storbeck, Frankfurt financial correspondent, and Laura Noonan, US banking editor. Producer: Fiona Symon

 

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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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The life of a song: Enter Sandman

From a heavy metal hit to its use in the Abu Ghraib tortures, Metallica’s ‘Enter Sandman’ strikes some sinister chords with Ludovic Hunter-Tilney. Credit: Elektra  


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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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Saudi Arabia repatriating thousands of migrants back to Ethiopia

UN official warns mass deportations risk spread of coronavirus to the region




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Thousands could now be eligible for child benefit payments

Parents who haven’t historically claimed could now do so due to lost income




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Company car users on furlough can save thousands of pounds

Tax bills can be reduced by handing back a vehicle to an employer




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Uber whistleblower Susan Fowler: ‘Everything was chaos’

The former engineer on bullying, tech firm culture and breaking the silence




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This is the time to waive sanctions on Venezuela

The need for an effective fight against coronavirus trumps other considerations




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Bondholders lobby US to soften Venezuela sanctions

Creditor group says restrictions on trading could be forcing bonds into ‘rogue’ hands




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Introducing the FT News Briefing: Fed cuts to zero, airport pinch, hand sanitiser sale

Introducing the FT News Briefing. It is a rundown of the global business stories you need to know for the coming day, from the newsroom of the Financial Times. If you enjoy it, subscribe to the FT News Briefing wherever you get your podcasts, or listen at FT.com/newsbriefing.


Monday, March 16

The Federal Reserve cut interest rates to zero and joined forces with other central banks in a bid to prevent a severe economic downturn caused by the coronavirus outbreak. The FT’s Gillian Tett unpacks the sweeping measures. Plus, the rapid spread of the coronavirus and the ensuing travel restrictions have led to one of the worst months on record for the airport industry, and French industrials group Air Liquide is asking would-be buyers of its hand sanitiser unit to offer a higher sum in the wake of the outbreak. 

 

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My favourite pieces: Sandra Choi travels far for good accessories

The Jimmy Choo shoe designer says jewellery has influenced her work




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Sanjeev Gupta pledges to invest €2bn as part of emissions fight

Liberty Steel to modernise European plants in effort to become carbon neutral




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Global firms under scrutiny in Isabel dos Santos alleged corruption leak

McKinsey, BCG and PwC named in records showing allegations of looting by Angolan billionaire




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Portuguese banker named in dos Santos probe found dead

Suspected suicide comes as Angolan billionaire indicted for money laundering




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Boom in global sand trade fuels conservation fears

Countries ban exports in attempt to protect environment as consumption is set to soar




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Even Covid-19 cannot damp partisanship

As the human and economic damage mounts, old political divides are likely to re-emerge




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Santander 123 cashback credit card

Cardholders will receive 3 per cent cashback on fuel




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Santander Upfront Interest Bond

Three-year savings account will pay immediate returns straight away




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Santander Inflation Linked Savings Bond

Bond pays out 105 per cent on RPI




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Santander 123 current account

New current account offers 3 per cent interest and cashback on bills




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Cashback for Santander mortgage customers

1% cashback for mortgage customers with 123 account




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Santander cuts rate on 123 current account

Bank blames low-interest environment and impact of banking regulation




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Stocks of hand sanitiser ingredient run low in Europe

Products vital to combat coronavirus could become more expensive and scarce




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WhatsApp eyes lending feature in India as Amazon rolls out Pay Later to tens of thousands of customers

WhatsApp, which began testing its mobile payments feature in India two years ago, could offer at least one more financial service to people in its biggest market. In a filing with the local regulator in India, the Facebook -owned messaging platform has listed credit as one of the areas it will pursue in the country. […]




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Online printing site Doxzoo exposed thousands of customer files

Doxzoo proudly says on its website that your “documents are in safe hands.” But for some time, that wasn’t true. The U.K. printing company left its customer files on a cloud storage bucket, hosted on Amazon Web Services, without a password. Anyone who knew the easy-to-guess bucket name could access the massive trove of customer […]




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Nissan warns of nearly $900m loss as sales collapse

Pressure mounts on carmaker and alliance with Renault and Mitsubishi as groups burn through cash




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Nine senators — including Warren and Sanders — pen open letter to Amazon about worker firings

A group of nine Senators led by Massachusetts Democrat Elizabeth Warren penned an open letter to Amazon CEO Jeff Bezos this week, seeking more information about recent employee firings. The statement cites the terminations of four employees who were vocally critical of the company’s policies pertaining to both COVID-19 and climate change. Cosigned by Bernie […]




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WhatsApp eyes lending feature in India as Amazon rolls out Pay Later to tens of thousands of customers

WhatsApp, which began testing its mobile payments feature in India two years ago, could offer at least one more financial service to people in its biggest market. In a filing with the local regulator in India, the Facebook -owned messaging platform has listed credit as one of the areas it will pursue in the country. […]




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Daily Crunch: Uber and Airbnb lay off thousands

Uber and Airbnb are cutting significant portions of their workforce, Microsoft announces new Surface devices and we talk to Apple Craig Federighi about the new iPad cursor. Here’s your Daily Crunch for May 6, 2020. 1. Uber is laying off 3,700 as rides plummet due to COVID-19 In an SEC filing, Uber disclosed plans to […]




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Hugh Bonneville tucks into a marmalade sandwich with a Paddington Bear statue in London

The event, called Scenes in the Square, is being hosted in the capital's iconic Leicester Square famed for its movie premieres and is celebrating a century of cinema.




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Rules Committee prepares for bipartisan warfare to decide full impeachment vote

Donald Trump's impeachment inquiry faces one last, long, and contentious public hearing before it moves to the House floor for a full vote among all lawmakers in the lower chamber.




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Sancho pays tribute to Kobe Bryant by signalling No 24 in goal celebration

Bryant lost his life in a helicopter crash last Sunday, which also claimed the lives of eight others, including his 13-year-old daughter Gianna. Sancho dedicated his goal to Bryant.




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Alessandra Ambrosio joins fellow model Izabel Goulart at Neymar Jr Replay event in Dusseldorf

The Brazilian models attended the launch of the new Capsule Collection Neymar Jr. x Replay in Dusseldorf, Germany on Thursday.




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Owen Hargreaves raves about Jadon Sancho and urges Chelsea and Man United to get cheque books out

Erling Haaland scored twice - including a screamer for the winner - for the Bundesliga giants as they overcame PSG in the first-leg of the last-16 Champions League clash.




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Jadon Sancho turns 20 with better stats as a teenager than Lionel Messi and Cristiano Ronaldo

ADRIAN KAJUMBA: At the time, when he was still a much lesser-known schoolboy in his early days at Manchester City, it was a description that made Jadon Sancho sound almost too good to be true.




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Susanna Reid looks OLDER in BBC photo from 20 years ago

Susanna Reid has left fans stunned by sharing a throwback clip of herself presenting BBC News 20 years ago in which she looks older than she does now.




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Sandra Bullock and Ryan Reynolds's Betty White birthday video

They costarred with this comedic national treasure in the fun 2009 romcom The Proposal, and eleven years later, they made sure to wish her a happy birthday in the funniest way possible. 




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Susan Lucci, 73, of All My Children fame looks slender in a white swimsuit

The 73-year-old soap opera actress who was on All My Children for 41 years showed off her incredible shape in a new Instagram shared on Tuesday while in St Barts.




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Miley Cyrus' older brother Trace reveals he is no longer engaged to Taylor Lauren Sanders

Trace Cyrus has confirmed he is no longer engaged to Taylor Lauren Sanders.




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Amazon boss Jeff Bezos and girlfriend Lauren Sanchez sit next to Anna Wintour at fashion show

The Amazon boss, 56, sat on the front row with his rumoured fiance, 50, at the event -  held at Milk Studios in Hollywood. The couple chatted to Anna Wintour during the Fall/Winter 2020 show.




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Sandra Oh reunites with Killing Eve co-star Jodie Comer at BAFTA LA Tea Party ahead of the Emmys

Sandra Oh looked delighted as she was reunited with her Killing Eve co-star Jodie Comer ahead of the award show at the British Academy of Film and Television Arts LA Tea Party on Saturday.




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Minnie Driver appears sans engagement ring as she heads leaves a Pilates session in a floral caftan

Minnie Driver was seen post-Emmys in Hollywood on Tuesday, in a festive floral caftan dress, but without the engagement ring she sported this weekend from fiance Addison O'Dea.




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Alessandra Ambrosio puts on a leggy display for Serena Williams' NYFW show with daughter Anja, 11

Alessandra Ambrosio was spotted with her mini-me daughter, Anja Mazur, 11, at Serena Williams' fashion show on Tuesday as part of New York Fashion Week.




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F1 legend Fernando Alonso suffers horror crash at Dakar Rally as he flips his car TWICE on sand dune

The former F1 driver, alongside Marc Coma, was driving a Toyota Hilux over a sand dune when he lost control of the car. It flipped twice, landing back on its wheels, but the pair did complete the 10th stage.