Announcements

The award recognises the book that provides the most compelling and enjoyable insight into modern business issues. It was presented this evening to Sebastian Mallaby at a ceremony at The National Gallery in London by Lionel Barber, editor of the Financial Times and chair of the panel of judges, and Vivian Hunt, managing partner, UK & Ireland, McKinsey & Company. The keynote speaker at the ceremony was Baroness Dido Harding, CEO of the TalkTalk Group. Sebastian Mallaby saw off strong competition from a shortlist of titles that ranged in theme from from gender imbalance in business to the productivity gap, to win the £30,000 prize. Each of the five runners-up received a cheque for £10,000. Lionel Barber said, “The Man Who Knew is an impressive work of scholarship. It is a masterpiece of political economy, and above all it is a great and enjoyable read.” Vivian Hunt commented, “The Man Who Knew casts a bright light on the life and times of a central banker who shaped our modern economy. This book marries the biographer’s humanising touch with a fascinating inside look at how policy decisions are actually reached in the real world.” The distinguished judging panel for the 2016 Financial Times and McKinsey Business Book of the Year Award comprised:

The Financial Times and McKinsey & Company also announced Nora Rosendahl as the winner of the 2016 Bracken Bower Prize, an award that encourages young authors to tackle emerging business themes, with a focus on the challenges and opportunities presented by growth. Rosendahl’s book proposal, Mental Meltdown, which examines the impact of work-generated stress and exhaustion, was awarded £15,000. It beat a record number of entries from 22 countries on topics ranging from technology, to gender, to the future of work.

Today at the FT Banking Summit in London, judges at the Financial Times’ inaugural Future of Fintech Awards picked Transmit Security and Paytm as respective winners of the ‘Innovation’ and ‘Impact’ categories.

The awards, which received 225 entries in their first year, recognise companies and projects using new technologies to disrupt the global financial services industry. The ‘Innovation’ category accepts entries from companies incorporated on or after 1 January 2011 with an annual turnover lower than $3m, and the ‘Impact’ category looks at larger financial institutions that were either incorporated before 1 January 2011 or have an annual turnover higher than $10m.

Readership of the FT’s coverage of the global luxury real estate sector has nearly doubled since the beginning of 2016, and its House & Home section has seen a 82 per cent increase in traffic. FT advertising revenues grew 17 per cent year on year for the sector.

Since its launch in 2015, FT Property Listings has been an important route to market for high-end suppliers, hosting 80,000+ luxury listings from clients including Sotheby’s International Realty, Christie’s International Real Estate, Barnes International Realty and Mayfair International Realty. As reader demand has grown, the FT has added new tools to the site, including the ability for customers to setup alerts when properties meeting a preset criteria become available.