Hints and tips:
...I must also make a special mention of Bernardine Evaristo who has had a sterling year as Booker winner....
...City Insider has no doubt she’s been a sterling MP for Newcastle North. She’s done a smattering of mid-ranking shadow ministerial roles, too....
...Carolyn Fairbairn said businesses were looking at the parliamentary infighting around Brexit with “a sense of absolute horror”....
...Sterling was the worst performing major currency against the dollar, down 2 per cent since Monday at $1.272, a decline for Friday of 0.5 per cent....
...The view was echoed by Carolyn Fairbairn, director-general of the CBI, who told the Financial Times that the current political turmoil was now having serious economic impact....
...His remarks sent sterling towards its biggest one-day fall this year, dropping 1.3 per cent to $1.3004 in the trading day....
...Carolyn Fairbairn, CBI director-general, said: “Every business will feel no deal is hurtling closer . . ....
...But, noting how sterling had fallen in value after the Brexit vote, he added: “A consequence of a weaker sterling is that it becomes more expensive to import goods and, at a time when consumer confidence...
...“This is yet another blow for companies desperate for clarity,” said Carolyn Fairbairn, director-general of the CBI business lobby. “Investment plans have been paused for two-and-a-half years....
...He added that any tactical call on the direction of the UK stock market or sterling is now just a “punt” because of the highly unpredictable political environment....
...Carolyn McCall, chief executive of EasyJet, said: The market continues to be challenging and easyJet has had to absorb a significant currency impact of £100m in the year....
...Sterling strength hurt the broader market as the FTSE 100 lost 1.1 per cent, down 88.40 points to 7,643.43....
...However, the company posted a 17.3 per cent fall to £408m in headline pre-tax profits, excluding one-off costs, compared with the previous year, as it was hit by the drop in sterling and excess capacity...
...Johan Lundren, who took over from Dame Carolyn McCall as easyJet chief in December, is expected next week to report improved first-quarter revenue per seat as well as lower unit costs thanks to fuel hedging...
...Carolyn McCall — the former high-profile easyJet boss now running the UK broadcaster — may know the feeling....
...EasyJet makes just under half of its revenues in sterling. “Looking ahead, we are seeing an improving revenue per seat trend as well as the continued reduction of competitor capacity growth....
...There are a lot of things that are very much in our interest,” said Dame Carolyn....
...In the immediate aftermath of Brexit, ITV was widely seen as a takeover target for a big US media group, as the fall in the value of sterling and a sudden drop in the broadcaster’s share price made it look...
...Chief executive Carolyn McCall said: The first half loss is in line with market expectations and reflects the movement of Easter into the second half as well as currency effects which together had an estimated...
...McCall said the combination of sterling and fuel costs were £35m worse than previously expected in the quarter....
...Carolyn Fairbairn, director-general of the CBI, said on Friday that the election marked a “serious moment for the UK economy”....
...However, Carolyn McCall, EasyJet boss, could be forgiven for adopting a pose from the pre-flight safety demonstration: head in hands....
...EasyJet’s revenues are 50 per cent in sterling, 1 per cent in dollars. But its costs are 27 per cent in sterling, 32 per cent in dollars....
...Shares in easyJet, the UK-based low-cost airline, plunged nearly 9 per cent on Tuesday after the company warned of a bigger-than-expected impact from sterling’s weakness and the airline’s founder pledged...
...The gains followed comments late on Monday from Carolyn Wilkins, senior deputy governor at the Bank of Canada....
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