Financial Times (FT) is a newspaper in London, United Kingdom covering local business news. The Financial Times is the leading newspaper of international business, finance, politics and economics. The FT covers events shaping the global economy. Founded in 1888, the Financial Times competed with four other finance oriented newspapers and in 1954 absorbed the last of its competition, the Financial News. Its contemporary rival is the New York City based Wall Street Journal. The paper's slogan is, "Without fear and without favour". This newspaper is owned by Pearson plc. The web site is presented in the English language.
| Financial Times (FT) Ratings | Content:
Very Good (7 votes)
Political Bias: Leans Right (7 votes)
Credibility: High (7 votes)
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| Financial Times (FT) Reviews & Comments | Comments to date: 1. The most recent comments are below.
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Eric Kallgren Boulder, Colorado USA | Posted at 5:21pm on Thursday, December 4th, 2008 | On December 3, 2008, the Guardian reported that the Financial Times is ready to cut the work week for its staff:
"The Financial Times is offering staff the opportunity to work a three-day week as part of cost-cutting measures designed to avoid the need for job cuts.
John Ridding, the Financial Times chief executive, informed staff yesterday that the cost-cutting measures were being put in place as a result of a worsening global economic conditions in an internal email, seen by MediaGuardian.co.uk.
Among the measures being introduced at the FT is an invitation to staff to make a voluntary reduction in the number of days they work, down to three or four a week if individual departments could accommodate those changes.
Other cost-cutting moves at the FT include a freeze on the salaries of some employees and the opportunity to apply for voluntary redundancy.
In line with guidelines from parent company Pearson, pay will be frozen to 2008 levels for employees earning more than £30,000, Ridding said."
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