Last night the FT hosted an exclusive event in London to celebrate its 125th anniversary with guest speaker Mark Carney, Governor of the Bank of England. The governor announced the BoE’s new focus on boosting liquidity for banks, and tightening regulation of shadow banking, to a room of 200 leaders in economics, business and politics. He was also interviewed live on stage by FT editor Lionel Barber.
In a play on the FT’s 1888 motto as “the friend of the honest financier, respectable broker and bona fide investor,” and “the enemy of the closed stock exchange, the company wrecker and the unprincipled promoter,” Carney said the Bank of England today is “the friend of resilient banks, continuous markets, and good collateral,” and “the enemy of taxpayer bailouts, fragile markets and financial instability”.
We are now ready to take the next steps in our successful “digital first” strategy. This is an exciting but also challenging opportunity for all journalists at the Financial Times. It means changes in work practices, a further shift of resources to ft.com and a significant reshaping of the newspaper.
Our plan is to launch a single edition, global print product in 2014. The new FT will be refreshed and updated to reflect modern tastes and reading habits. It will continue to exude authority and quality, delivering a powerful combination of words, pictures and data to explain the most important issues of the day.
FT.com Managing Director, Rob Grimshaw, said: “These changes reflect the growing importance of mobile and our commitment to provide the best reader experience regardless of channel. The redesign of our web app for iPad in April resulted in readers consuming 33% more content in the app. We will continue to improve the functionality and design of FT journalism across many different devices.”