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...Some industry groups are less enthusiastic about a potential move to T+1 in Europe....
...Troubled UK utility Thames Water has pushed up the amount it plans to spend on its network in its latest business plan by £1.1bn to £19.8bn....
...Travel company Viking Holdings expects to raise up to $1.1bn in its initial public offering in the US, as the market for listings heats up after two years of subdued activity....
...Sterling fell slightly following Ramsden’s speech, trading 0.4 per cent lower against the US dollar at $1.239....
...So now that they are everywhere, what does the popularity of noodles tell us about a country’s economy?...
...After Thursday’s announcement, sterling fell against the dollar to trade down 0.9 per cent on the day at $1.267....
...(Though Kerry Papps of the University of Bradford shares that the pandemic seems to have turned off some slower runners, and lowered the fitness of remaining over-25s.)...
...In the case of the Lifetime Isa, which can only be opened by adults aged under 40, the government will add a 25 per cent bonus to savings, up to a maximum of £1,000 per year....
...Its revenues increased 27 per cent last year and the group is building 25 new clubs, expanding its footprint by about 20 per cent....
...Five more top stories 1....
...Nikita Vitiugov, the current world No 25 and the 2021 Russian champion, has transferred to England....
...We’re seeing that — typically, historically — hurricane season started on June 1 and ended at the end of November....
...“Most people’s marriages don’t last 25 years so, you know, fixing your mortgage for 25 is pretty hopeful.”...
...Bertelsmann revenues topped €20bn for the second year running and were boosted by a number of divestments, leading to a profit of €1.3bn, the German company reported on Tuesday....
...The proceeds are supposed to be ploughed into buying back some of the $1.75bn of bonds due in 2025, 2027 and 2029....
...This should be something the BoE does on a regular basis.”...
...Previously, Adele’s 25 sold 3.4mn first-week albums in 2015, while Nsync’s No Strings Attached sold 2.4mn in 2000, just before the music business was decimated by online piracy....
...Sure, it works, just as long as you somehow know 1) that the set-back is temporary, and; 2) the trade will be winning. As we’ve discussed, most stocks ultimately lose investors’ money....
...Kaplan added that by his calculations, investors in FTX had lost $1.7bn, lenders had lost $1bn and customers $8bn....
...The fact that China is acknowledged as most influential does not mean acceptance of them, similarly if it were the US.”...
...The bank’s common equity tier one ratio — a key benchmark of its balance sheet strength — stood at 19.4 per cent of risk-weighted assets by the end of last year, 0.1 percentage points higher than a year...
...The figures come as the Federal Reserve considers when to start cutting interest rates this year from their current level of 5.25-5.5 per cent. Read more here...
...Rates since then have hovered at 5.25 per cent to 5.5 per cent....
...In 2022 the group doubled its shareholder equity to $25.8bn, according to its last set of accounts....
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