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...Sales at John Lewis were down 4 per cent to £4.8bn. Trading operating profit improved by £170mn to £1bn at Waitrose, while at John Lewis it rose by £13mn to £689mn year on year....
...In 3 Shades of Blue, his entertaining (if somewhat uneven) new book, Kaplan, previously the author of a biography of Frank Sinatra, sets the scene vividly....
...John Grout Cambridge, Cambridgeshire, UK...
...Lady and the Tramp offers one of the most unlikely scenes of wooing between two animated dogs, the elegant, doe-eyed Lady and street‑smart ruffian Tramp....
...The UK government has pledged this week to increase defence spending from about 2.3 per cent to 2.5 per cent of national income....
...“This portfolio is exactly what I would want DOE to do,” Dell said. “This is great. They are doing all the things.”...
...Waitrose is only slightly ahead of M&S in the grocery market, with a 3.6 per cent market share this month versus the latter’s 3.4 per cent, according to data provider NIQ....
...Escalating geopolitical tensions in Asia and the Middle East helped drive the increase in global defence spending to 2.3 per cent of global economic output, Sipri said in its latest annual survey of global...
...Russia would need to produce 3.6mn shells a year to sustain the current rate of fire, according to a report published this week by the Center for Strategic and International Studies....
...Officials said that defence spending would have been closer to £80bn — about £7bn less — if it was kept at the current 2.3 per cent of GDP....
...john.thornhill@ft.com...
...In July last year, the US Senate passed the Nuclear Fuel Security Act on a vote of 96-3, directing the Department of Energy (DOE) to prioritise increasing domestic production of low-enriched uranium for...
...In mid-April 2023, on the same day that Wood said it had given Apollo access to due diligence materials, Sparta top-sliced its stake from 3.45 per cent to 3.16 per cent....
...Even at 77, there is no let-up for American composer John Adams....
...In the 1990s, European non-financial companies accounted for 41 per cent of all capital raised via initial public offerings with over 3,500 listings during the period....
...Last month, the FT Big Read reported on the fastest rise in the share of children in absolute poverty in the UK for 30 years — with 3.3mn children now living in households where it is a struggle to meet...
...By my estimation, this should be at least £3 per share or four times the current price....
...john.gapper@ft.com...
...In a further sign that M&S has got its mojo back, it is now neck and neck with Waitrose, with an equal share of the UK grocery market of 3.8 per cent, according to data provider NIQ, after Waitrose had the...
...Dr John Warren Ipswich, Suffolk, UK Letter in response to this letter: Correcting your maths / From Paul L Colby, Alexandria, VA, US...
...Its losses reduced to £3.3mn in 2022, which its annual report described as a successful year: “[Artfarm] is by its nature, coupled with ambitious expansion plans, currently capital-intensive.”...
...Hexa focuses, in particular, on building enterprise software, fintech, and web 3 companies. It has launched 40 companies with a combined valuation of more than $4.5bn....
...A separate accuser, referred to pseudonymously as Jane Doe 3, is cited in the documents as claiming she was forced to have sex with Prince Andrew in London and New York, as well as at Epstein’s home in the...
...john.plender@ft.com...
...On Thursday, Sunnova priced $244mn of solar notes, its first with the DoE’s partial guarantees....
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