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...He says that will now not be possible if Labour’s proposal goes through. “Without the VAT we would have struggled but we would have put them through,” he says....
...pressure on the organisation to endorse carbon offsets had been “about creating a demand-side signal at any cost, [even by] destroying the reputation of SBTi and maybe the last chance of closing the gap to 1.5...
...The defence ministry has admitted, however, it can only produce at most half of the 4mn 152mm-calibre shells and 1.6mn 122mm-calibre shells Putin’s military estimates it needs to break through....
...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....
...Sales climbed 1 per cent to £12.4bn....
...Waitrose’s sales rose 5 per cent to £7.7bn, driven by an average 6.6 per cent increase in prices. Sales at John Lewis were down 4 per cent to £4.8bn....
...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....
...john.gapper@ft.com...
...John Burn-MurdochYeah. So the number that we really care about here is 2.1 births per woman. That’s what we call the replacement rate....
...For example, in recent decades, a swing of just 1 million barrels can swing crude oil prices dramatically even in a market supplied by roughly 100 million barrels per day....
...By the autumn, the price had been reduced to €1.95mn “Today, we’re talking about a price of €1.85mn,” he says....
...It squeaked through by half a percentage point....
...In an 11-day war in 2021, Hamas fired off nearly 5,000 rockets from Gaza, with each salvo made up of 50 or more projectiles. Israel does not disclose the size of its missile reserves....
...India’s biggest steel producer JSW and Chinese carmaker SAIC Motor on Wednesday launched a $1.5bn joint venture to build and sell MG-brand electric vehicles in the world’s most populous country....
...Slowly but surely, Taipei has broken through Beijing’s attempts to isolate it and opened up economic pathways with global partners....
...The works chart the impact of industry on the American landscape through the 19th and 20th centuries and were originally pulled together by the late John Szarkowski, longtime head of photography at MoMA....
...The basket of blue-chip US stocks rose as high as 5,000.4 on Thursday, seconds before closing the session 0.1 per cent higher at a record 4.997.91....
...Royal Windsor Horse Show 2024, 1-5 May, rwhs.co.uk...
...john.reed@ft.com Letter in response to this column:Cricket, like elections, is a time-consuming spectacle / From Rajiv Radhakrishnan, London NW8, UK...
...Wood trades at 1/3rd of the multiple of the comparable, higher quality peers like Worley (often cited as your key competitor and the business most like Wood), Jacobs and KBR and a 48% discount to the sector...
...Some 5.2mn returns were submitted directly on the HMRC website or app and 6mn via commercial software....
...Capitalisation has fallen from a peak of £1.8bn to a derisory £400mn today....
...“You cannot win in India by upper-caste patriarchy,” says Devesh Kapur, a political scientist at Johns Hopkins University....
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