illustration of Nemat Shafik

Nemat Shafik, high-flyer joining the BoE

An ability to stay calm in a crisis will prove useful in Threadneedle Street, writes Sam Fleming

FT Comment top reads

Any changes in wage growth will force the central bank to act
– Philipp Hildebrand
©Bloomberg
There are parallels with the global banking panic of 2007-08
– Patrick Jenkins
Scientists offer clues to how the Big Bang made something out of nothing
– Anjana Ahuja

Putin bites where predecessors growled

For Russia’s leader the crisis is about the defence of fundamental interests, says Tony Barber

jonathan mcHugh nest egg

A step towards abolishing income tax

Tax people on what they take out of society. The pension reforms are fair

The internet, controlled by the powerful

An organisation that is being regulated by everybody might as well be regulated by nobody

No high-speed line to oasis of prosperity

HS2 promises to bring business and jobs wherever it goes. It might also take them away

FT Editorial

Obituary: Gerard Mortier, arts administrator, 1943-2014

Opera iconoclast who deployed discord as a creative catalyst

A default pension option is needed from the sector

Giving people more freedom sounds good, but it often works out badly

Illustration by Shonagh Rae of multi-coloured flag
©Shonagh Rae

Has the nation state had its day?

‘You only need to look at a map to see how inappropriate – if not crazy – it is to apply this concept to some parts of the world’

Retail investors join the US equity party

ETF flows now positive for 2014 as optimism in rally improves

Pensions move a timely reminder on risk

No evidence UK insurers saw changes coming

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