We have Trumpist (ph) tendencies in Europe. Look up Marine Le Pen in France. Look at the Five Star Movement headed by a clown by profession, Beppe Grillo, in Italy.

There were always plenty of newspapers in the house. The Times, Guardian, Daily Telegraph and Daily Mail were all regular fixtures on the coffee table. I used to enjoy reading The Times editorial pages and the Daily Mail sports pages.

My own special relationship with America began at an early age. My father, a fellow journalist, named me after Franklin Delano Roosevelt.

The Financial Times is pro-British membership of the European Union. We have taken that position for decades. But we are not starry-eyed about the European Union. And we do not believe and have not believed for at least 10 years that Britain should be part of the euro.

But I do think that Brexit, an exit of Britain from the European Union, would trigger real pressure on the United Kingdom.

My father was a journalist for 50 years in Leeds and Fleet Street. I thought about a career in business to show I could do something different, but the reaction among prospective employers was, shall we say, underwhelming.

We have Trumpist (ph) tendencies in Europe. Look up Marine Le Pen in France. Look at the Five Star Movement headed by a clown by profession, Beppe Grillo, in Italy.