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Philip Stafford

Digital finance news editor

Philip Stafford is the FT's digital finance news editor. He was previously the FT's correspondent for exchanges, trading and markets regulation. He has also covered stock markets, telecom and technology companies and breaking news. Before he joined the FT he worked at Bloomberg and FTMarketwatch. Prior to a career in journalism, he was a teacher in Japan.
Email Philip Stafford @staffordphilip  on Twitter (link opens in a new browser window)

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  • Friday, 10 March, 2023
    FirstGroup PLC
    FirstGroup raises full-year profit expectations as travel recovers

    UK transport company says bus passenger numbers rose to 83% of 2020 levels

  • Thursday, 23 February, 2023
    Binance
    Regulators oppose Binance US’s $1bn deal for Voyager assets

    SEC warns that part of the rescue package may be in breach of securities law

  • Friday, 27 January, 2023
    Intercontinental Exchange
    ICE to set up London gas contract as ‘insurance’ against EU price cap

    Operator of Europe’s main gas trading hub warns that price curb could disrupt market

  • Wednesday, 25 January, 2023
    Music
    Music financing boom reverberates to markets

    Start-up is seeking to launch futures to let streaming companies and rights owners manage risks

  • Thursday, 29 December, 2022
    Equities
    US stocks rise as investors weigh China Covid surge

    Tesla, Apple and Netflix jump as investors seek out bargains

  • Thursday, 15 December, 2022
    Intercontinental Exchange
    ICE warns it may pull gas market from EU over Brussels price cap

    Exchange operator cautions the rapid imposition of a cap would allow no time to test risk management systems

  • Thursday, 8 December, 2022
    Financial & markets regulation
    Global regulator calls for ‘urgent action’ on clearing houses and insurers

    Financial Stability Board says plans should be drawn up to deal with failures of non-bank financial groups

  • Thursday, 1 December, 2022
    London Metal Exchange Ltd
    Surge in nickel prices threatened to blow $2.6bn hole in key LME entity

    Fullest accounting to date of incident in March shows clearing house was under severe strain

  • Wednesday, 30 November, 2022
    Europe Express
    Banks set to resist EU grab for a chunk of clearing business Premium content

    Brussels prepares most ambitious plans post-Brexit to lure derivatives trade away from London

  • Wednesday, 23 November, 2022
    EU financial regulation
    Brussels demands share of London derivatives clearing

    EU-based traders could be required to clear minimum amount of ‘systemic’ derivatives contracts inside bloc

  • Wednesday, 23 November, 2022
    EU energy
    EU gas price cap would deliver $33bn blow to market, says ICE

    Energy traders would be hit with additional margin payments, warns exchanges operator

  • Monday, 21 November, 2022
    EU energy
    Europe’s gas traders and exchanges warn of futures cap risks

    EU plans to set limit for the most widely used contract in an effort to calm markets

  • Wednesday, 16 November, 2022
    Cryptocurrencies
    Crypto broker Genesis Trading halts withdrawals at lending unit

    Group blames ‘unprecedented market turmoil’ in wake of FTX collapse

  • Friday, 11 November, 2022
    FTX Trading Ltd
    ‘Black box’: Sam Bankman-Fried’s trading firm posed big risks to FTX

    Alameda Research owed the vast crypto exchange billions of dollars before both went bankrupt

  • Monday, 10 October, 2022
    ExplainerBank of England
    What is the new Bank of England short-term lending facility?

    The central bank is looking to steady UK financial markets with a new ‘repo’ programme

  • Friday, 7 October, 2022
    Binance
    Binance blockchain suffers $570mn hack

    World’s largest crypto exchange targeted in security breach

  • Thursday, 29 September, 2022
    UK politics & policy
    Truss faces growing Tory pressure as Labour opens 33-point poll lead

    UK prime minister vows to stick to tax-cutting plans despite gilt sell-off resuming

  • Tuesday, 27 September, 2022
    EU energy
    ICE warms to carbon permits to ease Europe’s energy crisis

    Exchanges operator to accept allowances as collateral in its European futures market

  • Thursday, 22 September, 2022
    Energy crisis
    EU casts doubt on ability to intervene in energy derivatives markets

    Brussels concludes big swings in power prices are not due to ‘market malfunction’

  • Friday, 16 September, 2022
    Cryptofinance
    Coinbase turns up the heat on Washington Premium content

    Plus, Do Kwon arrest warrant issued and the Merge options

  • Tuesday, 6 September, 2022
    ExplainerEnergy crisis
    Why are Europe’s power producers running out of cash?

    Despite selling electricity at record prices, the industry is sliding into a liquidity crisis

  • Monday, 5 September, 2022
    Energy crisis
    Power producers call for collateral change to avert ‘Lehman’ moment

    European electricity generators seek urgent action amid ‘grave concern’ over liquidity strains

  • Monday, 29 August, 2022
    Equities
    Global equities drop on warning over sustained rate rises

    Treasury yields rise and currencies weaken against dollar

  • Monday, 29 August, 2022
    Energy crisis
    Uniper and Wien Energie seek state support as energy crisis deepens

    German utility asks for €4bn while Austria’s largest supplier admits to difficulty financing operations

  • Thursday, 21 July, 2022
    EU financial regulation
    EU lawmaker calls for ban on ‘payment for order flow’

    Danuta Hübner backs clampdown on practice that critics say only maximises profits for brokers

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