It is said that money makes the world go round, but in football’s transfer market we can be a little more specific on that money’s provenance. Our interactive graphic explores the net spend of the 265 clubs in world football to have each spent £10m or more in total since 1980, grouped by country.
Any guesses on the identity of the country whose clubs spend the most? Read more
A breakdown of all of the recepients in this year’s list Read more
The monetary and fiscal stimulus initiated by Shinzo Abe, the prime minister, over the last two years was sufficient to push inflation up closer to the Bank of Japan’s target of 2 per cent by April 2015, after decades of low inflation and deflation. Read more
Statistics suggest that it is was never a successful tactic beyond gaining short term momentum Read more
Parkview Gardens, a short subway ride from the White House, is an unlikely home of the free and the brave.
Half of the 600 apartments in this red-brick housing estate in Maryland are rented by refugees, people who have fled trouble and now live in the US. Many consider themselves lucky. They have visas, they get some government aid, and they are safe. But all offer some hard realities: nothing is easy about beginning again.
Five families – from Iraq, Bhutan, Rwanda and Kosovo – tell the Financial Times about their past lives and what they face now in America and living at Parkview Gardens. Click here for their stories (free)
Norwegian salmon prices dipped last week after increasing sharply in the past month — they are still up 30 per cent since September — despite Russia’s retaliation against EU and US sanctions and helped by soaring seasonal demand for the Christmas and new year holidays.
Prices have been falling as warm seas, which increase fish growth rates, led to larger quantities coming on to the market earlier in the year than expected, according to Mintec, the commodities data analysts, but fewer fish are currently being kept on farms.
In May the volume on farms was up 10 per cent year-on-year but the stocks fell, however, to only 1 per cent ahead in October and are expected to have fallen even further in November, the analysts said. Read more
On average, 18 per cent of the population of an EU country have never used the internet, according to a Eurostat survey. Romania has the highest percentage of non-users, with 39 per cent. Iceland has the lowest at 1 per cent. Read more
There are signs that the 40 per cent fall in oil prices might not deliver the expected stimulus. Chris Giles assesses the outlook for the global economy while FT reporters look at the prospects for key exporters and importers.
The turnout for Japan’s election on Sunday was a record low of 52.40 per cent of the voting age population. In Japan, as in many mature democracies, turnout among voters has been falling for decades.
The game’s highly paid stars seeking bans to get holiday time off appears to be a myth Read more
Athens’ stocks fell 12.8 per cent on Tuesday partly due to investors’ concerns about the radical left Syriza party winning power. But public anger is understandable: in total, Greek gross domestic product has fallen 26 per cent from its pre-crisis peak.
People in the UK are more likely to support a third party rather than vote Conservative or Labour in the general election next May, say pollsters YouGov. Supp0ort for Ukip and the Scottish National party has risen sharply.
Oil is not the only commodity to suffer a price fall. Commodities have been falling in general this year after a decade-long boom — driven by China’s rapid economic growth. Now as its economy has slowed, demand and prices have fallen.
Overall the BRC-Nielsen shop price index, which measures the changes in prices of 500 commonly bought items, records a fall in prices of 1.9 per cent year on year. Non-food prices fell by 2.9 per cent in November while food fell by 0.2 per cent.
The news comes after data from the Living Costs and Food survey — released on Tuesday — showed the extent to which living standards were squeezed following the financial crisis. Spending on housing, fuel and power became the largest category of spending in 2011 as increasing energy bills and a greater proportion of the population became renters. At the same time transport, the previous highest category, fell as more drivers economised due to higher petrol prices. Read more
Chancellor George Osborne presents his latest take on the UK’s finances on Wednesday. The share of government debt in national income is at its highest since the late 1960s, but Bank of England estimates back to the 19th century show that the debt share has usually been higher.
A question, dear reader. You are setting out to measure gender inequality. One of the indicators in front of you has a gender splt of 49/51. Another has a 72/53 divide. Which of the two is more redolent of a happy, inequality-free nirvana?
If you’re the World Economic Forum, the answer is the latter. Welcome to the Orwellian world of the WEF’s annual Gender Gap Report. Read more
The global financial crisis of 2008 had a big impact on migration, with a million fewer people a year moving to another country on average after 2010 than in the 10 years before. But since 1960, the percentage of the global population classified as migrants has remained steady at roughly 3 per cent, largely as a result of population growth. The OECD last year found that if there was a cost from new migrants it was generally small.
The amount Americans spend during the Black Friday sales that follow Thanksgiving Thursday more than doubled from $26bn in 2005 to $61.4bn in 2013.
How well is Britain’s economy doing? The default answer has always been to look at GDP – which is why legions of city analysts are anxiously hunched over their screens at precisely 9.30am every quarter.
But over the past decade there has been widespread acceptance that this headline number doesn’t adequately describe whether most people are in fact feeling better off. Read more