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...The UK’s FTSE 100 closed at a record high, boosted by weakness in the pound and rising expectations of interest rate cuts from the Bank of England....
...andrew.whiffin@ft.com...
...If those start to land, a new high for the FTSE may actually be a sign of better things to come. andrew.whiffin@ft.com...
...interest rates to all-time high Central Banks debate: an ‘high for longer’ substitute for rate rises?...
...Andrew Bailey, governor of the Bank of England, told the Financial Times that rate cuts were “in play” this year as he grew increasingly confident inflation was heading towards the bank’s 2 per cent target...
...Investors expect the ECB to start cutting its benchmark deposit rate from an all-time high of 4 per cent at its meeting on June 6....
...The UK’s blue-chip index rose 0.6 per cent to a new high of 8072.61, eclipsing its previous intraday high of 8047.06. The FTSE 100 had already climbed to a record closing high on Monday....
...By contrast, I have been a fan of a high waist for years....
...Sales of new single-family homes in March unexpectedly increased to the highest level since September, as the lack of housing inventory in the US continues to boost demand for new builds despite high mortgage...
...China’s offshore renminbi has reached a record high against the yen, complicating Beijing’s export-oriented growth strategy as Japan’s shipments become more globally competitive....
...The star is Andrew Scott, giving a crackerjack performance as middle-aged scriptwriter Adam....
...“High-minded values are merely low-minded prejudices dressed in the robes of office,” we hear, a little ploddingly....
...The benchmark is just 16 per cent above its 1999 dotcom-era high, while the S&P has more than trebled in value in the same period....
...Sanders wrote to Lars Fruergaard Jørgensen, chief executive of the Denmark-based drugmaker, to inform him the US committee that oversees healthcare was investigating “the outrageously high prices” the company...
...A former Post Office executive has denied misleading the High Court over the extent to which she knew about remote access in the Horizon scandal, despite receiving multiple briefings about the issue over...
...“I was a democratically elected prime minister and Andrew Bailey is an appointee with an eight-year term, which makes him very hard to sack,” she added....
...The haven asset hit a high of $2,353.79 a troy ounce on Monday morning, up from about $2,000 an ounce in mid-February....
...London’s FTSE 100 was on course for a new all-time closing high as a decline in the pound boosted the index, which is dominated by dollar-earners....
...And why she should have sacked Andrew Bailey, governor of the Bank of England, which again, is interesting because you could very credibly argue that he really got her out of a hole at quite a bad time....
...Liz Truss considered sacking Andrew Bailey as BoE governor after mini-Budget...
...Andrew Bailey argued in a speech that the squeeze on household incomes from higher food and energy prices might still be influencing wage demands, which risks perpetuating inflationary pressures....
...Neither John Burn-Murdoch’s data points article on gender polarities (January 27), nor comments garnered below the line, mentioned Andrew Tate and his like making £5mn a month through influencer...
...Further reading:— FTSE 100 closes at record high as sterling weakens (FT)...
...Andrew AndersonEdinburgh, UK...
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