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...Northern Rock was one of a wave of building societies that demutualised in the 1990s as a result of legislative change and pressure from some members and dealmakers seeking a windfall....
...Following the nationalisations of Northern Rock and Bradford & Bingley during the financial crisis, UK Asset Resolution (UKAR) a government-owned vehicle was formed in 2010 as a holding company for the banks...
...On top of that, bricks and rocks are cheap — costing perhaps 15-20€/MWh compared with electro-chemical batteries at €150/MWh — and lose very little energy in the process....
...“On stage [Smith] has this layer of wildness,” says Ostermeier, appreciatively. “And that’s what I want for the character. I want a little rock ’n’ roll touch.”...
...This is an audio transcript of the FT News Briefing podcast episode: ‘Big tech continues to rock’ Marc FilippinoGood morning from the Financial Times....
..., said the rollover of last year’s budget was a setback for Spain’s efforts to raise its defence spending towards Nato’s target of 2 per cent of gross domestic product....
...He did little to halt the advance of about 200 gangs which, according to the UN, now control about 80 per cent of the capital. Last year, 5,000 people were killed while 200,000 were displaced....
...Next week’s economic news calendar definitely has an end of term feel, but there is one more Bank of Japan policy meeting to round out the year — with the BoJ pushing back quite heavily on “policy tweak”...
...of forecasting at the Bank of England entered my room clutching a piece of paper....
...Insurer Aviva and Rock Rail, a UK-based owner and asset manager of rolling stock, have teamed up with the UK’s state-owned infrastructure investment bank to come up with a new way of funding the costly decarbonisation...
...Rock music has a proud tradition of stupidity. I don’t mean literal stupidity — although there’s no shortage of that in rock’s annals. No, I mean an attachment to the idea of stupidity....
...funding drawn down under a Bank of England SME scheme by between 2025 and 2027....
...The US is on track to grow at double the rate of any other G7 country this year, according to IMF forecasts, as the strength of the world’s biggest economy rocks international markets....
...But many banks have curtailed the types of lending they offer since the global financial crisis, opening the door to so-called non-bank lenders....
...One photograph featured a model casually wearing a football shirt emblazoned with the proud logo of “Northern Rock”, the erstwhile bank sponsor of Newcastle United, the Premier League football club....
...rock 39 times “causing the lesbian poet to have an orgasmic spasm”....
...Part of the reason officials have been wary to call time on the rate-rising phase of the central bank’s monetary tightening campaign stems from the uncertainty clouding the economic outlook....
...new US inflation data on Tuesday came in stronger than expected for January, awakening concerns over interest rates remaining higher for longer than previously anticipated, overall credit spreads were little...
...Zwickel unearths remarkable archive audio of those altercations along with excerpts of diatribes by city elders such as Lou Guzzo, a commentator who went on TV to rant about the scourge of punk rock and...
...In January 2008 the market capitalisation of JPMorgan made up less than 18 per cent of that of the top 10 European banks together....
...It showed that the central bank employs many PhD researchers in the core areas of modelling, the majority of whom spend little or no time on the core function of the central bank....
...Raiffeisen has been in talks to sell its Russian business with two Russian counterparties for more than a year — with little sign of progress on either side so far....
...There are moments when the contraption comes across as a little dated and warp speed slows to a genial proggy chug....
...Cutting Edge Group (CEG), a music financier, publisher and record label based in London, has secured $500mn from a syndicate of four banks, led by US lender Fifth Third Bank and Northleaf Capital....
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