The Financial Times (FT) will launch a single global print edition in 2014 as part of its "digital first" strategy.

From the first half of next year, the slimmed down FT newspaper will derive from content featured on FT.com. These changes mean that the majority of the newspaper will be pre-planned and produced, focusing on issues of the day and featuring show pages of data and graphics.

Lionel Barber, Financial Times editor, said: "The 1970s-style newspaper publishing process – making incremental changes to multiple editions through the night is dead… Production journalists will publish stories to meet peak viewing times on the web rather than old print deadlines. The process will be akin to a broadcasting schedule. Where once we planned around page lay-outs, we will now adopt a news bulletin-style approach."

The print edition commissioning and editing team will report to Lionel Barber and news editor Alec Russell.