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...The sum lifted profits over the past 12 months to roughly $7.4bn....
...Judge Hyde: Mr Schofield resisted HMRC’s argument that flapjacks were a different kind of cake. HMRC have accepted they are cakes (see VAT Notice 701/14 at 3.4 and HMRC’s Manual VFOOD6200)....
...Economists expect 2.4 per cent growth, compared with a 3.4 per cent increase in the fourth quarter of 2023....
...Gross billings in North America increased 1 per cent but international billings declined 4 per cent, which Kreiz mostly attributed to the weakening of the Turkish lira....
...Germany’s Dax and London’s FTSE 100 both gained 0.4 per cent....
...market, fuelled by sales growth of 9.1 per cent....
...Last year the average property sold for 12.4 per cent below the asking price, according to LonRes, which tracks the prime central London market, where the average is -9.4 per cent....
...per cent) and Chelsea (-12.6 per cent), according to data company Bricks&Logic....
...Single family housing starts fell 12.4 per cent and in the volatile multifamily housing sector, starts fell 20.8 per cent....
...Micron added 38.1 per cent, AMD rose 22.4 per cent, and Broadcom increased 18.7 per cent. Intel lost 12.1 per cent from January to March....
...Revenues in Barclays’ UK division fell 7 per cent to £1.8bn, while net interest income dropped 4 per cent to £1.5bn....
...Alongside easing wage growth in the year to March — it fell to 6.1 per cent from 6.5 per cent in the 12 months to February — businesses continued to report a better outlook for price growth....
...European sales volumes rose 1.6 per cent in the quarter as European pubs held up through the cost of living crisis....
...More than 1.2mn households are on the waiting list for a social home. “There is a time bomb that is being created by the inability of housing associations to respond to needs,” said Hackett....
...The average global temperature has for the first time breached the critical benchmark of 1.5C above pre-industrial levels over a 12-month period, according to data from the European earth observation agency...
...Interest rate sensitive 2-year gilt yields dropped from 4.14 per cent ahead of the announcement to 4.12 per cent, down 0.11 percentage points on the day....
...Britain’s household energy price cap is set to fall by 12 per cent in April following a fall in wholesale gas and electricity prices....
...Also timed to coincide with Frieze New York is a new art fair, Esther, which runs in the Estonian House in Murray Hill, May 1-4....
...The population of under-15s in Japan now stands at a record low of 11.4 per cent of the overall population, while the number of over-75s stands at a record high of 16.1 per cent....
...Gold fell 1.1 per cent to $2,005.71 a troy ounce, its lowest level since December 12. Silver and platinum also fell by more than 1 per cent....
...Gold fell 1.1 per cent to $2,005.71 a troy ounce on Wednesday, its lowest level since December 12. Silver and platinum also fell by more than 1 per cent....
...The price of gold fell 1 per cent from Tuesday’s record high close. The yellow metal had advanced in 11 of the past 12 sessions....
...Those losses grew by $1.8bn in 2023....
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