London ready for a glut of luxury hotels

London hoteliers are preparing to open their highest number of luxury rooms in more than a decade this year, fueling concerns about oversupply and price cuts in a fiercely competitive market. The 146-room Chancery Rosewood will open in the former US Embassy in Grosvenor Square in the summer, while later in 2025 Six Senses will…

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Where the next financial crisis could occur

Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. The recent growth of private markets has been phenomenal. Indeed, private funds, which include venture capital, private equity, private debt, infrastructure, commodities and real estate, now dominate financial activity. According to McKinsey consultants, private markets assets…

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