Financial Times

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Conservative[1]

The Financial Times (FT) is a British international business newspaper. It is a morning daily newspaper published in London and printed at 22 sites.[3][4][5] Its primary rival is New York City-based The Wall Street Journal. In terms of circulation, the Financial Times is also behind The Economic Times (India's No.1 and Worlds No.2 financial daily).

Founded in 1888 by James Sheridan and his brother, the Financial Times competed with four other finance-oriented newspapers, in 1945 absorbing the last, the Financial News (founded in 1884). The FT specialises in UK and international business and financial news. Printed as a broadsheet on light salmon paper, the FT is the only paper in the UK providing full daily reports on the London Stock Exchange and world markets.

Contents

History

The FT was launched as the London Financial Guide on 9 January 1888 by Horatio Bottomley, renaming itself the Financial Times on 13 February the same year. Describing itself as the friend of "The Honest Financier and the Respectable Broker", it was a four-page journal. The readership was the financial community of the City of London. The Financial Times established itself as the sober but reliable "stockbroker's Bible" or "parish magazine of the City", its only rival being the slightly older and more daring Financial News. In 1893, the FT turned light salmon to distinguish it from the similarly named Financial News. In 1993, the FT printed a single edition on white to commemorate this change a hundred years earlier. From initial rivalry, the two papers were merged by Brendan Bracken in 1945 to form a single six-page newspaper. The Financial Times brought a higher circulation while the Financial News provided editorial talent.

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