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...In the UK, a couple owning £2mn would just enter the top 5 per cent of households by wealth; £10mn would put them well into the top 1 per cent.)...
...The biggest declines on an annual basis were 14.4 per cent in Luxembourg, 7.1 per cent in Germany, 4.4 per cent in Finland and 3.6 per cent in France....
...martin.wolf@ft.com Follow Martin Wolf with myFT and on X...
...The European Commission said the flash estimate of its consumer confidence indicator for the eurozone fell 1 point to minus 16.1 this month, missing economists’ forecasts for a reading of minus 14.3....
...Leverage sat at 1.4 times at the year end, a manageable position and well under the company’s 2.5 times limit....
...The 14-metre high Euro sculpture on Willy-Brandt-Platz, which has become a tourist attraction and a focal point for protesters since it was built in 2001, will be unaffected by the ECB’s move....
...Eurozone government bond prices rallied, sending yields on Germany’s benchmark 10-year bond down 14 basis points at 2.33 per cent....
...Fendi silk top (worn underneath), £1,520. Prada leather shoes, £860. Tabayer white-gold and diamond Oera earrings, £14,975....
...Slightly more than half of the 1,159 respondents said Lagarde’s performance was “poor” or “very poor”....
...Hong Kong’s Hang Seng dropped some 14 per cent last year. But this week, authorities ramped up efforts to generate a turnaround....
...In Germany, the year-on-year measure fell to 3.1 per cent....
...Net debt in 2023 is expected to be $7bn, or about 1.1 times net debt to ebitda, “which means we have significant capability to invest within our businesses”, he said. “Our world is changing . . ....
...estimate of 1.8 per cent, despite Hunt’s reforms....
...The ECB will meet on December 14, when economists expect it to cut its forecasts for growth and inflation....
...Aston Martin has continually lost money and frequently had to issue new shares to keep the show on the road....
...The institute’s index of net investment plans fell from 14.7 in March, when it carried out its last survey, to 2.2 in the poll carried out in the first three weeks of November....
...According to preliminary data, it cut body weight by 14.5 per cent after 12 weeks, a similar result to the weekly injection being trialled by Viking Therapeutics....
...Martin Arnold How is the UK economy coping under the weight of higher interest rates?...
...But in the case of the TG 12345 Mark 1 studio mixing desk, which comes to auction at Bonhams in London on Thursday December 14, there is little hyperbole at play....
...But nuclear delays have increased security of supply risks at the end of the decade, says Investec’s Martin Young....
...Rogers has worked recently as a TV showrunner and it’s possible to imagine a movie made out of his play. ★★★☆☆ To April 14, lct.org...
...Victoria’s Secret rose more than 14 per cent, after chief executive Martin Waters said on Wednesday that the lingerie company was “energised” about holiday season trends after November sales and margins...
...The federal statistical agency said producer prices of German industrial products fell 14.7 per cent in the year to September, dragged lower by falling wholesale energy prices....
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