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...More than 13,000 wealthy families faced surprise tax bills as high as £1.4mn on lifetime gifts, after the donor died within seven years of making the bequest, data has shown....
...Some industry groups are less enthusiastic about a potential move to T+1 in Europe....
...£935 Kiko Kostadinov technical-fabric Ugo blouson jacket, £865, doverstreetmarket.com Entire Studios cotton Freight cargo trousers, £220, ssense.com Dolce & Gabbana gold and enamel Good Luck bracelet, £1,600...
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...He said the government was “making clear that the new system will not [be] implemented until sufficient progress has been made improving courts”, and that it was putting £1.2mn towards “court digitisation...
...The mainland’s benchmark CSI 300 shed 0.2 per cent and Hong Kong’s Hang Seng Index shed 0.1 per cent....
...In aggregate, this implies a £1.5bn net flow tailwind, with assumptions that we believe are generous. What can you say about £1.5bn? It’s a drop in the stagnant UK equities ocean....
...The federal deficit stood at $1.7tn last year....
...But if it can find a way to get its many disparate pieces to take shape then Constellation will have lived up to its name. ★★★☆☆ Episodes 1-3 on Apple TV+ from February 21; new episodes released weekly...
...of Tiger 21’s Boston group....
...Geely’s owner Eric Li already owns a stake in Polestar but the Geely holding company does not....
...Unipol: The Italian company surged 21 per cent after it said it would incorporate its UnipolSai unit, launching a voluntary tender offer for the shares it does not already own....
...The benchmark Hang Seng index fell 1 per cent, while the tech subindex declined 1.5 per cent. China’s CSI 300 index shed 0.5 per cent....
...EU foreign policy chief Josep Borrell has said EU annual production capacity will rise to 1.4mn shells by the end of 2024, outstripping the US, which is expected to hit 1.2mn next year....
...But responsible AI does not always mean reinventing the wheel....
...But sales of $21.44bn slightly undershot analysts’ forecast of $21.48bn. P&G posted core earnings per share of $1.84, above FactSet estimates of $1.70....
...Alan Beattie’s Trade Secrets column (March 21) neatly explained the challenges created by the EU’s new green trade measures....
...Fatih Birol, executive director of the International Energy Agency (“Amid the climate gloom, let’s look at the good news”, Opinion, March 21), is concentrating on clean technologies because the fossil fuel...
...Wetherspoon sales were up 10.1 per cent in the 25 weeks to January 21 against last year, improving to 11.1 per cent in the second half of the period, with bar sales growing at the fastest pace....
...The increase marked the first time since December 2021 that the measure has been above zero, and puts it well above its long-run average of minus 1.7....
...It now has a price target of $100 for the stock, which would generate a 21.6 per cent return on Fearon’s purchase if met....
...“Despite the current economic weakness we don’t expect a jump in unemployment — only a slight increase,” said Andrea Nahles, pointing to a tight job market with 1.7mn vacancies and a skills shortage that...
...The P/E of that company is 14 — which is the unweighted harmonic mean of 10, 10, and 100 (the formula is 3/(1/10+1/10+1/100))....
...Applied to 2022 numbers, that would mean an additional 1.7mn visitors....
...It added that this month it announced proposals for a £21.1mn pay boost for Criminal Legal Aid lawyers and had increased most criminal legal aid fees by 15 per cent....
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