Hints and tips:
...“We don’t think the Reserve Bank was bluffing, we think they were calling it like they see it,” ANZ’s chief economist for New Zealand, Sharon Zollner, said in a podcast....
...Sharon Bell, a senior equity strategist at the bank, said the sectors “will be the obvious beneficiaries of a pick-up in consumption in Europe”....
...Waitrose’s productivity drive is expected to contribute to a cumulative group savings target of £873mn by January 2026, having already reached £308mn of cost savings in the past two years....
...For unions, the chaos is proof that airline bosses cut too hard in search of cost savings, leaving businesses with no flexibility to cope with the boost in demand....
...By selling to the highest bidder, Bill Isaac, who chaired the FDIC during the start of the savings and loan crisis in the 1980s told the FT’s Brooke Masters, “you make the largest banks bigger and bigger...
...The retailer has reached £308mn of cost savings in the past two years, slightly surpassing a target of £300mn, and it expects cumulative savings of £873mn by January 2026....
...“People talk about saving wildlife and the environment but then thrash the soil,” he says....
...Some asylum seekers are staying in a squat on Brussels’ Rue de la Loi, just next to the headquarters of De Moor’s party, CD&V....
...“The UK is in the grip of a profiteering epidemic,” said Sharon Graham, general secretary of Unite....
...Thank you all for your emails and thoughts, and as ever, you can reach out to me at sid.v@ft.com. Happy reading, a merry Christmas and a happy new year!...
...She’s expected to succeed Sharon Thorne, whose four-year term will complete at the end of May....
...“It’s not about regions, but the strength of brands and companies,” says Enrico Massaro, head of consumer and retail Emea at Barclays investment bank....
...Now, it’s easy to understand why interest rates matter on financial products like savings accounts....
...If you’ve got thoughts about this or a topic that would suit a future installment of the Future of Money, email me at sid.v@ft.com....
...a stage and a bank of 192 seats....
...As ever, get in touch with Imani (imani.moise@ft.com) or me (sid.v@ft.com) with thoughts for new articles. Happy reading!...
...Most of the extra savings went into gold. At end of 2013, the precious metal amounted to 8.3 per cent of Russia’s FX reserves; by the end of last year it stood at 21.5 per cent....
...Sales were also their strongest on record, according to the US bank....
...As ever, reach out to Imani (imani.moise@ft.com) or me (sid.v@ft.com) with your thoughts and suggestions. And if you haven’t already, please sign up to the FT’s new Cryptofinance newsletter here....
...“The housing voucher programme gets no cash support from the central bank....
...The worst recession of recent times was the financial crisis of 2008 when earnings fell 50 per cent, but the bank did not expect that to happen again, according to Sharon Bell, UK portfolio strategist....
...A number do not have their own bank accounts or savings. “They have no leeway whatsoever for putting money away,” she says....
...Until then, you can reach Sid and I at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...Reach out to us at imani.moise@ft.com or sid.v@ft.com....
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