The Financial Times
The Financial Times (FT) is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe.
The editorial stance of the Financial Times centres on economic liberalism, particularly free trade and free markets. Since its founding it has supported liberal democracy, favouring classically liberal politics and policies from international governments; its newsroom is independent from its editorial board, and it is considered a newspaper of record. Due to its history of economic commentary, the FT publishes a variety of financial indices, primarily the FTSE All-Share Index. Since the late 20th century, its typical depth of coverage has linked the paper with a white-collar and educated readership. Because of this tendency, the FT has traditionally been regarded as a centre to centre-right liberal, neoliberal, and conservative-liberal newspaper. The Financial Times is headquartered in Bracken House at 1 Friday Street, near the city's financial centre, where it maintains its publishing house, corporate centre, and main editorial office.
According to the Global Capital Markets Survey, which measures readership habits amongst most senior financial decision makers in the world's largest financial institutions, the Financial Times is considered the most important business read, reaching 36% of the sample population, 11% more than The Wall Street Journal (WSJ), its main rival. The Economist, which was once 50% owned by FT, reaches 32%. FT's The Banker also proved vital reading, reaching 24%. In addition FT was regarded as the most credible publication in reporting financial and economic issues among the Worldwide Professional Investment Community audience. The Economist was also rated the third most credible title by most influential professional investors, while the WSJ was second.
The FT is split into two sections. The first section covers domestic and international news, editorial commentary on politics and economics from FT journalists such as Martin Wolf, Gillian Tett and Edward Luce, and opinion pieces from globally renowned leaders, policymakers, academics and commentators. The second section consists of financial data and news about companies and markets. Despite being generally regarded as primarily a financial newspaper, it does also contain TV listings, weather and other more informal articles. In 2021 and 2022, the outlet began focusing more on the cryptocurrency industry, launching a Digital Assets Dashboard, publishing multi-asset crypto indexes, starting a Cryptofinance newsletter dedicated to digital assets, and recruiting more journalists to cover the sector. About 110 of its 475 journalists are outside the United Kingdom.
In the 2008 United States presidential election, the Financial Times endorsed Barack Obama. While it raised concerns over hints of protectionism, it praised his ability to "engage the country's attention", his calls for a bipartisan politics, and his plans for "comprehensive health-care reform". The FT favoured Obama again in the 2012 United States presidential election. The FT endorsed Democratic candidate Hillary Clinton in the run-up for the 2016 United States presidential election and Joe Biden in the 2020 United States presidential election.
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