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...Sales climbed 1 per cent to £12.4bn....
...Pre-tax profits at the John Lewis Partnership were £56mn in the year to January, compared with a £234mn loss the previous year. Sales climbed 1 per cent to £12.4bn....
...john.thornhill@ft.com...
...A further £1.5mn will be invested this year, to support renovations as well as an expansion of its design and product development team — who join the many craftspeople who have been employed at the factory...
...He claimed credit for helping unleash the Celtic Tiger boom, with annual growth during his term averaging 8.7 per cent and peaking at 11.1 per cent in 1997....
...Jonathan Munro, deputy chief executive and director of journalism of BBC News, declined to comment on the tax probe, but said: “Everywhere in the world we will pay every tax that is legally due against the...
...The UK government has pledged this week to increase defence spending from about 2.3 per cent to 2.5 per cent of national income....
...More than $1.6bn of the awards involve hydrogen, and come on top of IRA’s tax credit of up to $3 a kilogramme of clean hydrogen, as well as its subsidies for clean energy production....
...Officials said that defence spending would have been closer to £80bn — about £7bn less — if it was kept at the current 2.3 per cent of GDP....
...Russia would need to produce 3.6mn shells a year to sustain the current rate of fire, according to a report published this week by the Center for Strategic and International Studies....
...In the House of Commons on Wednesday Oliver Dowden, deputy prime minister, accused Labour of having “no plans in a dangerous world”....
...For example, in recent decades, a swing of just 1 million barrels can swing crude oil prices dramatically even in a market supplied by roughly 100 million barrels per day....
...BoE governor Andrew Bailey last week also struck an optimistic note about the battle against inflation as price growth fell to 3.2 per cent in March — far below the double-digit levels inflation hit in mid...
...Revenues grew 3 per cent to $11.3bn and unit case volume grew 1 per cent in the first three months of the year, the company said on Tuesday....
...Rebecca is @rebeccawhatsun Special FT subscription offers for Life and Art podcast listeners, from 50% off a digital subscription to a $1/£1/€1 trial, are here: http://ft.com/lifeandart Read a transcript...
...In mid-April 2023, on the same day that Wood said it had given Apollo access to due diligence materials, Sparta top-sliced its stake from 3.45 per cent to 3.16 per cent....
...Israeli spending increased 24 per cent, rising from an average of $1.8bn per month before Hamas launched its assault on Israel in October last year to $4.7bn in December, said Sipri....
...The time is most widely remembered for the gruesome religious riots of 2002, in which more than 1,000 people, mostly Muslims, were killed in what has been called a pogrom....
...Benchmark Mineral Intelligence estimates Indonesia’s annual nickel output will grow to 3.02mn tonnes by 2030 and account for 65 per cent of global supply, up from 1.71mn tonnes and 51 per cent in 2023....
...The country’s benchmark Kospi index closed 1.3 per cent higher. Samsung added 5.8 per cent after Nvidia’s chief executive Jensen Huang said they were testing the company’s high-bandwidth memory chips....
...Based on reporting by Roman Olearchyk, Christopher Miller, Ben Hall, Max Seddon, John Paul Rathbone, John Reed, Guy Chazan, Henry Foy, Mehul Srivastava, Polina Ivanova and Tim Judah....
...One likely priority for chief justice John Roberts will be to gather as much consensus as possible for a decision, rather than expose the court to more criticisms about partisanship....
...The 2.1 per cent monthly increase in output was the second month of solid growth for German industry after growth was revised up to 1.3 per cent in January, according to figures published by the federal...
...John Lobb suede loafers, £1,310....
...Capitalisation has fallen from a peak of £1.8bn to a derisory £400mn today....
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