Reply #14: Noam Chomsky has said that it is "the only paper that tells the truth"

[FrenchieCat]

Financial Times (FT) is a British international business newspaper. It is a morning daily newspaper published in London that has had a strong influence on the financial policies of the British government. The periodical is printed at 24 sites.<1> Its main rival as a daily financial newspaper is the New York City-based Wall Street Journal, which also publishes several international editions.

Founded in 1888 by James Sheridan and his brother, the Financial Times competed for many years with four other finance-oriented newspapers, finally in 1945 absorbing the last of these, the Financial News (founded in 1884). The FT has specialized in reporting business and financial news while maintaining an independent editorial outlook. On occasion it has attacked the financial policies of the British government. Circulation of the FT is said to be one of the world's highest among financial newspapers, second only to that of The Wall Street Journal. Printed as a broadsheet on distinctive light salmon pink paper, the FT is the only paper in the UK providing full daily reports on the London Stock Exchange and world markets. According to a survey in December 2004, 45% of readers voted for the Conservative Party, 24% for the Liberal Democrats and 23% for Labour Party.<2>

The Financial Times is normally seen politically as centrist, although to the left of its principal competitor, The Wall Street Journal. It advocates free markets and is generally in favour of globalisation. During the 1980s it supported Margaret Thatcher and Ronald Reagan's monetarist policies. However, it has recently seemed to have aligned itself with Labour in the UK. It also has been quite supportive, until recently, of Gordon Brown, the current British Prime Minister. FT editorials have tended to be pro-European Union, though often taking a critical view. Several members of British far-left groups, however, do work for the paper, and it is popular among the left
(Noam Chomsky has said that it is "the only paper that tells the truth").<12>
http://en.wikipedia.org/wiki/Financial_Times