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Financial Times
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Philip Augar

  • Tuesday, 6 May, 2025
    UK universities
    The English higher education market is broken

    New regulator powers should include the ability to claw back pay from vice-chancellors in the event of financial catastrophe

    Students celebrate graduating
  • Thursday, 27 February, 2025
    UK banks
    UK banks risk an outbreak of boardroom exuberance

    Three cheers for a steady 2024 but this is no time for complacency

    Lloyds Bank, Natwest and Barclays logos
  • Tuesday, 21 January, 2025
    Financial Conduct Authority UK
    The FCA isn’t working — it should be broken up

    Britain deserves a strong, competent financial regulator capable of rooting out and deterring misbehaviour

    The FCA building. The commitment and motivation of senior managers is not to be doubted, but they are faced with an impossible job
  • Monday, 25 November, 2024
    UK financial regulation
    Fix UK financial services culture before softening regulation

    Car loan commission ruling suggests the industry has not learnt from its mistakes

    Chancellor of the exchequer Rachel Reeves delivers her Mansion House speech
  • Monday, 2 September, 2024
    UK universities
    Universities, like banks, are too big to fail

    The UK’s higher education sector is in crisis — but they can draw solutions from financial institutions

    Northern Rock Plc customers stand in line outside the bank as they wait to withdraw their savings at a branch in Moorgate
  • Wednesday, 21 August, 2024
    ReviewNon-Fiction
    The Corporation in the 21st Century — catching the next wave of management theory

    John Kay takes a brilliantly erudite look at shifts in business thinking and the battle for consumer trust

    A man in a hoodie sits on a sofa, working on his laptop. In the foreground is a black board with a drawing of a man and a speech bubble saying ‘You guys!!!!’
  • Tuesday, 13 August, 2024
    UK universities
    UK universities must cut costs to survive, warns Augar

    Expert who led government review says bailouts and ‘turnaround’ teams may be needed

    Students at the University of Birmingham take part in their degree ceremony
  • Thursday, 14 March, 2024
    UK banks
    Nationwide has a lot to lose in its unwise bet on Virgin Money

    The potential merger is not a risk-free proposition

    A man walks past a high street branch of Nationwide building society
  • Thursday, 15 February, 2024
    Barclays PLC
    What Barclays’ history tells us about its current predicament

    The bank’s underperforming share price can be traced back to disastrous decisions made during and after the 2008 crisis

    Barclays’ past decisions, though taken under extreme circumstances, were strategically questionable
  • Friday, 27 October, 2023
    UK banks
    Scrapping the UK bonus cap will do little for competitiveness

    Banker salaries that were doubled to get round the measure could become baked-in

    A curved glass building in the City of London
  • Monday, 25 September, 2023
    Markets
    How the US is crushing Europe’s domestic exchanges

    Policymakers fight tooth and nail to retain big international companies on their home exchanges but lose out

    Traders on the floor of the New York Stock Exchange.
  • Thursday, 27 July, 2023
    UK banks
    NatWest saga shows running a bank is more of a high-wire act than ever

    The Farage row suggests political intervention will continue until banking governance becomes more muscular

    Dame Alison Rose
  • Tuesday, 30 May, 2023
    ReviewEconomics books
    Our Lives in Their Portfolios — owners in the shadows

    It is hard not share Brett Christophers’ rage in this polemic against the greed and short-termism of the asset management industry

  • Thursday, 4 May, 2023
    Winfried Bischoff
    Win’s world

    “Who do you work for?”

  • Monday, 27 March, 2023
    Banks
    The latest bank failures show the dangers of aiming too high

    Both Credit Suisse and SVB fell victim to familiar pitfalls for ambitious lenders

    A Credit Suisse logo on a street in Zurich
  • Friday, 17 March, 2023
    UK banks
    HSBC and the City won this round — but hard work lies ahead

    Regulations put in place in the UK after the global financial crisis passed their first big test with the Silicon Valley Bank rescue

  • Friday, 6 January, 2023
    Banks
    Madcap Stonehouse scandal exposes 1970s banking’s corruptible underbelly

    Weak governance, complacent regulation and sloppy auditing are still at the root of corporate frauds 50 years later

  • Friday, 25 November, 2022
    Financial services
    ‘Big Bang 2’ reforms expose the City’s weaknesses

    The chancellor’s proposals are only a partial response to London’s financial decline

    In the past, British companies seeking a public listing did so in London, but many technology and life science businesses are now opting for the US-based Nasdaq
  • Friday, 16 September, 2022
    UK financial regulation
    The City and the Treasury have a difficult balancing act

    Sir Tom Scholar’s exit endangers institutional memory of how to handle a financial crisis — and the need for caution in deregulation

    Close-up picture of red HM Treasury crest on the white brick wall of the department’s offices in London
  • Wednesday, 2 June, 2021
    ReviewBusiness books
    Crossing Continents — a sparkling history of Standard Chartered

    Duncan Campbell-Smith’s authorised account is excellent, but focuses more on the bank’s colourful past than recent corporate failings

  • Tuesday, 30 March, 2021
    ReviewNon-Fiction
    Built on a Lie — Neil Woodford’s fall from star stockpicker

    Owen Walker’s salutary tale about Britain’s best-known fund manager will invoke the ire of investors

  • Friday, 8 May, 2020
    UK universities
    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

    Science Laboratory (model released)
  • Monday, 6 April, 2020
    UK banks
    Banks must show they really can do ‘God’s work’

    Lenders need to put public before private interest or remain a pariah industry

    Lloyd Blankfein, chairman and chief executive officer of Goldman Sachs Group Inc., speaks during an Economic Club of New York event in New York, U.S., on Tuesday, June 19, 2018. Blankfein said that the Trump administration's escalation of tariff threats against China makes sense as a negotiating strategy. Photographer: Mark Kauzlarich/Bloomberg
  • Wednesday, 7 August, 2019
    UK universities
    Peers warn against advice urging cuts to tuition fees

    Review ‘completely missed the mark’ on preserving university research funding

    Mature student in the library at the university
  • Friday, 12 July, 2019
    Deutsche Bank AG
    Deutsche Bank’s retreat may not be the end of its equities story

    The experience of Barclays suggests the bank may one day seek to rebuild a full service

    Deutsche Bank London
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