"Stories from US newspapers are being copied without permission on the internet on average 4.4 times, rising to as much as 15 times for the largest national publishers, according to a study that forms the basis of an industry push to get paid more for online content.
A month-long study of how 101,000 articles published by 157 newspapers proliferated around the internet found that more than 75,000 sites reused 112,000 almost exact copies without authorisation. A further 520,000 articles were reprinted in part."

The FT's a UK paper, so I'm gonna say this is perfectly okay to cut and paste.
You'll be hearing from their attorney's blog.
Breaking: The Internet exists.