London—The Financial Times
plans to close FT Tilt at the end of the month. The subscription-based online property, launched earlier this year, covers the economies of Brazil, China and other emerging markets.
“While the FT
is keen to support new innovations and will continue to do so, Tilt's revenues were not where we hoped they would be and we have to make a hard-headed business decision on its future,” FT
said in a statement.