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Chinese business & finance
Fast-growing Chinese retailer Miniso shifts expansion focus overseas
...Zhang said the impact of slowing domestic demand on Miniso had been offset by Chinese shoppers “trading down” from more expensive retailers....
May 13, 2024
Property sector
Kazakh oligarch Timur Kulibayev sells Mayfair mansion for £35mn
...Its status led to the building being included on a tour of large, unused homes by a housing campaign group called Land Justice that aims to draw attention to London’s homelessness crisis....
May 9, 2024
FT Live
The Impact Of Gen AI On The Legal Sector
How are law firms leveraging technology to transform services and operations?
Tuesday, 11 JuneDigital Conference
News in-depthNovo Nordisk AS
Novo Nordisk seeks to use obesity drug findings to prevent weight gain
...The company is also collecting data, hoping to measure the impact of “obesity-free life years” on healthcare systems....
December 5, 2023
UK universities
International student deposits in UK dive after graduate visas tightened
...FT analysis of the data showed one-third of institutions had seen a decline in overseas applicants, indicating uneven impacts across the sector....
May 13, 2024
News in-depthUK infrastructure
Cambridge innovation hub at risk from lack of infrastructure, warn businesses
...However over the same period, house prices in Cambridge increased by 78 per cent while pay grew by only 23 per cent, making only Central London less affordable for buying a home....
March 30, 2024
UK housebuilding
Number of new homes in England predicted to drop to half of official target
...The Home Builders Federation trade group has called on the government to provide help to buyers....
May 6, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
UK property taxation
Treasury urged to reverse end of stamp-duty relief for multiple dwellings
...The federation argued that the government has misjudged the impact of the tax changes, and said that ending the relief will have the “unintended consequence” of discouraging thousands of homes from being...
April 14, 2024
ReviewAlbums
Miró Quartet: Home — expert performances of two new works
...Although it is the wave of new American operas that has made the biggest impact, there is plenty of other musical creativity going on in the US....
May 8, 2024
Boehringer Ingelheim
Boehringer Ingelheim says weight-loss drug had positive impact on liver condition
...The company said this secondary hormone has a direct impact in the liver, which “potentially contributes to the improvement of fibrosis”....
February 26, 2024
Letter
Letter: A business must tap the talent of diverse groups to be successful
...This doesn’t just harm millions of people, it has a negative impact on businesses and economies....
April 19, 2024
Close Brothers Group PLC
Close Brothers suspends dividend on car finance probe
...In a statement on Thursday, Close Brothers said there was “significant uncertainty about the outcome of the FCA’s review, and the timing, scope and quantum of any potential financial impact on the group...
February 15, 2024
News updates from March 15: US home fees set to fall; Foxconn boosts outlook on AI hopes
US home sale fees set to fall after real estate group settles lawsuits
...The National Association of Realtors reached a settlement in lawsuits brought by home sellers claiming the trade group conspired to inflate agents’ commissions, potentially upending how homes are sold in...
March 15, 2024
International Airlines Group
British Airways owner IAG predicts another bumper summer
...It noted the impact of the war in the Middle East in particular and said revenues per passenger had declined on routes to Asia and Africa....
May 10, 2024
Asda Group
Asda to create new ‘town centre’ and build 1,500 homes in London
...A 2022 study by Savills found that nearly 24,000 homes could be built on supermarket sites in London....
May 13, 2024
Property sector
The US housing ‘lock-in effect’ –quantified
...The supply reduction increased home prices by 5.7%, outweighing the direct impact of elevated rates, which decreased prices by 3.3%....
May 6, 2024
FT Live
Global Wealth Management Summit
Recalibrating business for multi-generational private clients
Wednesday, 6 November222 Marylebone Road, London NW1 6JQ, United Kingdom
Letter
Letter: US threat of port fees on China-built ships could backfire
...The authors rightly take a macro view, reflecting on the impact of the imposition of potential port fees on China-built vessels....
May 7, 2024
NATS Ltd
Working from home made UK air traffic control chaos worse, report finds
...Lobby group AirlinesUK said the review “contains damning evidence that Nats’ basic resilience planning and procedures were wholly inadequate”....
March 14, 2024
Your QuestionsLucy Warwick-Ching
Can I be fired for menopausal symptoms?
...My father died recently and his French holiday home is causing problems in the probate process....
May 1, 2024
UK immigration
Over half of UK asylum seekers assigned for removal to Rwanda cannot be located
...The government said Rwanda had “in principle agreed to accept” 5,700 asylum seekers from the UK but noted in an impact assessment that only “2,143 continue to report to the Home Office and can be located...
April 30, 2024
UK government spending
UK spent quarter of aid budget on hosting asylum seekers in 2023
...This meant a fresh backlog of people dependent on Home Office support had rapidly built up, the Independent Commission for Aid Impact, the aid watchdog, said on Wednesday....
April 10, 2024
US immigration
Undocumented workers struggle with New York’s underground economy
...But economic research has shown that waves of immigration have had little impact on the wages of native-born workers....
May 7, 2024
News in-depthUK housebuilding
Housing associations in England warn ‘we can’t build houses’
...They fear its impact on the construction sector, supply chains and the ability of both to recover and deliver badly needed homes when the market bounces back....
April 4, 2024
Maternal health
MPs in push to decriminalise abortion in England and Wales
...Another amendment tabled by a cross-party group of MPs would decriminalise abortion up to 24 weeks by making it an automatic right for women....
May 9, 2024
Retail & Consumer industry
Food and drinks giants flag price pressure on low-income consumers
...Citigroup said spending on retailers’ credit cards, such as Home Depot, fell in the first quarter, while spending on Citi’s own credit cards continued to rise....
April 30, 2024
FT Schools
US High School Economics class: Work from home if you want but don’t expect a pay rise
...What did the University of Pittsburgh researchers find about the impact of return-to-office policies on profitability, market value, and worker satisfaction?...
February 28, 2024

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