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...“Somebody said, ‘I disagree with Thomas. Cities are like a fruit loaf. You’ve got the raisins and you’ve got the loaf. Thomas is saying everything should be raisins.’ That’s not what I’m saying....
...Thomas Jordan, the long-standing chair of the Swiss National Bank, has announced his resignation, bringing to an end a turbulent tenure of unorthodox policymaking....
...helen.thomas@ft.com@helentbiz...
...For decades, the special administrative region benefited as the mainland’s growth raced ahead. Its economy almost doubled between its return to China in 1997 and the onset of the pandemic in 2020....
...“We wasted a lot of time and a lot of administrative energy revising the plan.”...
...About 2,500 miles across America, the 58th annual Super Bowl is blaring from three giant screens into a large, carpeted dining room....
...This leaves earnings trailing far behind living costs, but still growing faster than the Bank of England thinks consistent with its 2 per cent inflation target....
...But so will simultaneous translation by other apps, in imitation of sci-fi writer Douglas Adams’ Babel fish....
...An expected rush of mainlanders into Hong Kong is being seen as a much-needed boost for the territory’s battered economy, which is projected to have shrunk by 3.2 per cent in 2022....
...Thomas Pugh: Significant reform of the planning system....
...Small business owners who pay themselves in dividends from a company’s profits will also be hit by a reduction in the tax-free allowance from £2,000 to £1,000 from this April and then £500 from April 2024...
...FCA) from working in financial services following their unsuccessful appeal to the Upper Tribunal, an administrative court equivalent to the High Court....
...Reporting by Peter Foster in Brighton, Daniel Thomas, Oliver Barnes, Philip Georgiadis and Bethan Staton in London, and Jennifer Williams in Manchester...
...become dystopian sci-fi....
...Thomas Pugh: One crucial point is that not all recessions are created equal. We expect a peak-to-trough fall in GDP of around 2.5 per cent....
...“It’s not like it’s sci-fi, it’s actual,” says Thomas. “We flooded the zone....
...Additional reporting by Thomas Hale in Hong Kong Letters in response to this article: Why China’s housing sector often misleads / From CY Leung, Former Chief Executive, Hong Kong Special Administrative...
...Diane Page’s excellent revival at the Orange Tree makes us all voyeurs....
...“If we see inflation moving materially above 2 per cent in a persistent way that risks inflation expectations drifting up, then we will use our tools to guide inflation and expectations back down to 2 per...
...Diller said, referring to his partner, the fashion designer Diane von Furstenberg. “It’s very affirming.”...
...It charges a fee to the delivery companies for each order it processes, but DoorDash alleges it has been charged more than rivals. 2....
...The government’s three main state-backed loan schemes for companies in the coronavirus crisis could also cost about £75m in administrative expenses, said the NAO....
...Diane Coyle: Most people will feel worse off in a year’s time....
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