Citadel agrees big expansion of London office space

US hedge fund Citadel and its sister firm market maker Citadel Securities have agreed a big expansion of their London office footprint, with a deal to take 250,000 sq ft at British Land’s new flagship City office tower. Citadel, which occupies smaller premises nearby, has agreed to pre-let a third …

Read more

Thames Water could benefit from a spell of public ownership

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A swift demise is better than a slow one. That would certainly be true for Thames Water.  A period of temporary public stewardship is generally framed as a worst-case scenario …

Read more

Mazda BT-50: Owners offered bump steer fix

Mazda Australia has confirmed it has introduced an update to its BT-50 ute that’s claimed to alleviate premature and uneven tyre wear due to bump steer. This comes as Isuzu Ute Australia confirmed it has revised the steering alignment of the related D-Max and MU-X to fix the same issue. …

Read more

California eyes crackdown on identity-shielding LLCs

A California lawmaker wants to require business owners and landlords to disclose their identities under legislation aimed at cracking down on opaque ownership structures that have enabled some companies to skirt state laws without facing consequences. Limited liability companies and similar corporations in the United States are often formed to …

Read more

How did customer service get so bad?

They used to say the British didn’t complain. We were known for our sense of reserve. But the apparent death of customer service in the UK has moved the national conversation on from talking about the weather. Today, we’re more likely to bond over our gripes with banks, energy companies, …

Read more

The great bet on rate cuts is off

Stay informed with free updates Simply sign up to the Central banks myFT Digest — delivered directly to your inbox. Welcome to what Goldman Sachs is calling “reflation desperation”. For policymakers and investors, this will be a nauseating and probably lengthy ride. The embarrassing reset has come about because it …

Read more

Mazda BT-50 Thunder Pro: A ute without boundaries

SPONSORED CONTENT When Mazda threw me the keys to its latest and greatest dual-cab ute, the BT-50 Thunder Pro, we headed off-the-beaten-track for some fun on the pristine New South Wales South Coast leaving the daily grind behind. Picking up the BT-50 I was excited to see the full-fat Thunder …

Read more