FT Opening Quote
Marks & Spencer’s seemingly ever-earlier launch of its Christmas TV advert has long been a source of delight to the middle classes and indignation to middle-aged commentators, writes Matthew Vincent. In fact, first sightings of ‘Paddington and the Christmas visitor’ on November 6, a new ad featuring the Peruvian emigre bear, caused one contemporary of Opening Quote to despair: “Just thrown away the Halloween pumpkins and the Christmas ads have started…”.
Is there nothing Disney cannot do? writes Matthew Vincent in this morning’s FT Opening Quote. It has held talks about taking over Rupert Murdoch’s 21st Century Fox, including the US group’s stake in UK-based Sky. It has rescued the Star Wars film franchise from the cringe-inducing antics of Jar-Jar Binks in all those tedious prequels. And now, it seems, it has helped Primark-owner Associated British Foods boost its annual profit by 22 per cent, with a range of keenly-priced Minnie Mouse accessories and strangely persistent press coverage.
HSBC, having just been accused of “possible criminal complicity” in money laundering, must be glad to be fielding questions on a positive clean-up story today, writes Matthew Vincent in FT Opening Quote. This morning, it has promised $100bn of finance for low-carbon technology and sustainable development by 2025 as part of a package of measures to strengthen its commitment to tackling climate change and other “green” goals.