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News updates from April 22: Huw Edwards resigns from BBC; Head of Israeli military intelligence to resign
Thames Water pushes up spending promise by £1.1bn
...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....
April 22, 2024
Undercover EconomistTim Harford
Fossil fuels could have been left in the dust 25 years ago
...That, of course, presupposes that Wright’s Law really does apply. It might not....
April 26, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
ReviewAlbums
Yunchan Lim brings emotion and variety to Chopin’s Études
...Thirds”, Op 25 No 6)....
April 24, 2024
LexMeta Platforms
Meta proves AI hype has its limits Premium content
...While it does not break out AI spend in the same way that it does for the metaverse, costs are reflected in capex. Last year, capex fell to $28bn....
April 25, 2024
Transcript
Transcript: Sam Bankman-Fried gets 25 years in prison
...So now that they are everywhere, what does the popularity of noodles tell us about a country’s economy?...
March 29, 2024
UK economy
Bank of England holds rates at 5.25%
...The last time no one voted for a rate increase on the MPC was in the autumn of 2021....
March 21, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Investing in funds
Isas: the nation’s tax-free favourite turns 25
...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....
March 22, 2024
Letter
Letter: No surprise Americans put aside so little in pensions
...That the US pension system is a complicated failure (“Move to solve ‘Rubik’s Cube’ of US pensions”, Report, April 1) is beyond dispute....
April 12, 2024
FirstFT
FirstFT: Global public equities supply shrinks at fastest pace in 25 years
...Five more top stories 1....
April 5, 2024
The Big Read
Can long-term mortgages help solve the UK’s housing crisis?
...“Most people’s marriages don’t last 25 years so, you know, fixing your mortgage for 25 is pretty hopeful.”...
April 23, 2024
UK inflation
UK inflation could stay near 2% target for three years, says BoE rate-setter
...Sterling fell slightly following Ramsden’s speech, trading 0.4 per cent lower against the US dollar at $1.239....
April 19, 2024
Taylor Swift
Taylor Swift’s new album sells 1.6mn copies in US in single day
...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....
April 21, 2024
Letter
Letter: A gently declining population is no reason to panic
...Yes, Alto Adige does have the highest fertility rate in Italy, at 1.51 for 2022, according to the Italian National Institute of Statistics....
April 12, 2024
Capital markets
El Salvador’s ‘absurd’ bond deal
...In this he is no outlier, merely the latest head of government who believes they can “gamble for redemption”....
April 22, 2024
FT CollectionsClimate Exchange
Richard Spinrad: Climate disaster map does not align with political map
...RS: No, it’s not. And there have been some threats of rescission of some of those funds [if there is a new administration in the White House]....
April 22, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
LexReddit Inc
No, Reddit is not a meme stock Premium content
...Users had to have set up accounts before January 1 2024, so no carpetbaggers allowed. They had to be in “good standing” too — ie be popular contributors to Reddit’s online communities....
March 21, 2024
News in-depthBank of England
Ben Bernanke’s brutal verdict on the Bank of England
...This should be something the BoE does on a regular basis.”...
April 12, 2024
LexTesla Inc
Robotaxis are not the solution to Tesla’s problems Premium content
...This may be connected to rising competition and the reduction of US government subsidies, two factors over which Tesla has no control....
April 23, 2024
Equinox
Luxury gym chain Equinox raises $1.8bn to avert cash crunch
...Its revenues increased 27 per cent last year and the group is building 25 new clubs, expanding its footprint by about 20 per cent....
March 8, 2024
Sam Bankman-Fried
FTX founder Sam Bankman-Fried sentenced to 25 years in prison for fraud
...Kaplan added that by his calculations, investors in FTX had lost $1.7bn, lenders had lost $1bn and customers $8bn....
March 28, 2024
Soumaya Keynes
The economics of running
...Overall, there is no clear relationship between employment rates and people’s times. But splitting by age group, one appears....
April 19, 2024
Clare Munro
Wrap up well against tax allowance freezes
...That has been whittled down to £1,000 and will be just £500 in the 2024-25 tax year, so the Isa benefits are even more valuable....
March 15, 2024
Unhedged
Where Tesla departs from the Mag 7 Premium content
...The company’s upcoming $25,000 car, set for 2025, could unlock a new tranche of customers. Chinese demand could start rising again....
April 3, 2024
Martin Wolf
‘Ukraine fatigue’ is unpardonable
...No less remarkable was the economic performance. When the EFF was agreed last March, the fund forecast GDP growth at between minus 3 and plus 1 per cent in 2023....
January 30, 2024
Chess
Chess: new England No 1 as world No 25 Nikita Vitiugov transfers
...Nikita Vitiugov, the current world No 25 and the 2021 Russian champion, has transferred to England....
September 4, 2023

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