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...The UK’s top financial regulator is facing a fierce backlash from the government and City executives over its plan to “name and shame” companies under investigation more frequently and at a much earlier...
...The business was viewed as one of the bank’s most successful units, but took up too much capital and was jettisoned as part of a final restructuring plan....
...Interest in Starmer’s plans for government, especially the economy, has grown sharply in business circles as the election approaches with Labour maintaining an average 20-point lead over the ruling Conservatives...
...But Gove told the Financial Times he would set out a timeline as soon as next week that would ensure ground rents fell to a nominal level after a period of transition....
...Although as a family group, “the less people talk about us, the better off we are”, Saadé said, “I’m not going to hide behind my little finger. I can’t say ‘I’m small, don’t look at me’....
...The SEC has several months to scrutinise the plans. “I have no idea how much volume they’re going to be doing in the middle of the night....
...Friday’s share price rise put Alphabet’s market capitalisation at $2.15tn, as Microsoft returned to a $3tn valuation after also reporting better than expected earnings on Thursday....
...(Naturally, far fewer harbour any such doubts about their own record; four-fifths see themselves doing a better job than their competitors.)...
...As noted previously, UK services exports are doing much better than goods, a fact the OBR in its analysis attributes to digitisation, companies using local affiliate workarounds in the EU and a weaker pound...
...They’re favouring doing more with a smaller set of managers, rather than spreading business across a lot of managers....
...Potanin’s complaints about the cost of sanctions reflect wider concerns in Moscow about US pressure on banks doing business with Russia, said Alexandra Prokopenko, a former central bank official....
...If you’ve got a candidate, email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...If Rob’s family is reading, I’d dearly love to see any footage you have of him faceplanting in the snow (as long as he doesn’t really hurt himself; mild physical damage and extreme embarrassment are OK)....
...Sanofi chief executive Paul Hudson has admitted he could have done a better job explaining aspects of a multibillion-euro investment plan to shareholders, ahead of a meeting where he will try to sell them...
...With a kind of ramshackle “collective” spirit in place of an aggressive business plan and, most importantly, running on determination and enthusiasm rather than a “concept” defined by head office....
...His masterpiece about the rise and fall of a bourgeois family is as close to a business book as a novel can be and still remain a page-turner....
...(You can see me in action doing *better* moderation 🤞🏼 at the FT Women in Business summit on June 11 and the Inside Out awards on June 13.) And finally . . ....
...“I thought it was better to talk to people directly than through headhunters,” he said. “I’m a front door sorta guy. I think it was effective and I’d do it again.”...
...Providing better retirement options makes good business sense....
...as the traditional letters business declined....
...These have picked up markedly in recent years, from a low of about 400,000 b/d in the pandemic year of 2020 to about 1.4mn b/d recently, according to Richard Bronze at Energy Aspects....
...In 2015, 2017 and 2019, the Tory party’s coalition had become more “Trumpy” for lack of a better word: the party is doing less and less well among affluent, economically rightwing voters with college degrees...
...“I’m looking forward to making sure all my plans work well.” He is doing better than most. The future of Zambia, and of Africa, rests with millions like him....
...We just need to move forward with an open mind, doing as much trade as we can, co-operating as much as we can, and learning from each other. It's as simple as that. Don't throw away your job....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. The Mag 7 value trade Market pundits often talk about the Magnificent Seven big tech stocks as a homogeneous entity. This is a mistake....
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