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...And a chart-filled column from Chris Giles on what’s actually happening to the global economy right now. Now read this . . ....
...The designer’s love of wood is explored through simple lines: his Ode chair references the tradition of workshop chairs with its generously rounded back and an inverted V-style base, while the archetypal...
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...If monetary policy more generally interests you, sign up to the new central banks newsletter (a premium subscriber offer) written by FT economics commentator Chris Giles....
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...Called Art Intelligence Global — or AIG, but not to be confused with the insurance company — they are joined by another former Sotheby’s senior staffer, Adam Chinn....
...In 2019, it donated £3m to Citizens Advice to help fund a helpline for scam victims, following a legal campaign against the social network over the issue led by MoneySavingExpert founder Martin Lewis....
...The interests of some pharmaceutical companies or citizens of European countries? What are they doing? Lobbying?” “The geography of use of the Russian Sputnik V is actively growing....
...Nor was there any concession to the hundreds of thousands of directors of limited companies who have missed out on government support because they pay themselves largely through dividends....
...The plinth has been empty since King George V’s bust was removed in the 1960s. Some wanted to erect Mohandas Gandhi’s statue there....
...TT Electronics returned to profitability at the half-year stage, posting a £9.3m headline operating profit on revenue up 16 per cent to £235.6m....
...Tata is suing for £7.9m, which includes the remainder plus interest and £1.3m for insurance liabilities....
...IT provider Kainos said annual profit to March more than doubled to £50.3m on revenue up 31 per cent to £234.7m....
...The pandemic changed all that: some 1.3m EU workers went home and another 500,000 UK workers either took early retirement or elected to stay in education....
...This suggests there is the scope to generate between 2m and 3m jobs in the EU, another 2m in the US and more elsewhere, the fund said....
...If 3m joined the scheme it would cost the Treasury almost £1bn a month, instead of about £4bn for the furlough scheme in the past four-week period....
...Salvador, home to almost 3m residents, has suspended first vaccine doses for health workers and the elderly....
...Overall “the recovery in the house market has so far been V-shaped”, said Hansen Lu, property economist at Capital Economics, a consultancy....
...Up to 3m UK jobs are at risk unless the government steps in to help support as much as £35bn of unsustainable debt, according to an influential group of City executives....
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...The alternative, according to the group, is that a third of businesses with debt to government will fail, putting 3m jobs at risk....
...This initiative has enabled ministers to secure vast amounts of new borrowing to finance large scale assistance for companies and households in the crisis....
...economic adviser to Barack Obama, recently said on Twitter that “this is mostly the ‘easy’ job growth”, noting that the net gain masked much bigger flows both into and out of the labour market, with 4.3m...
...chris.giles@ft.com...
...The administration is undertaking a huge fiscal experiment, writes our economics editor Chris Giles, and the whole world is watching....
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