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...The Institute for Fiscal Studies (IFS) think-tank said last year the core budget for state schools is expected to rise from £52.6bn in the 2019-20 academic year to £58.6bn in 2024-25, in 2023 prices....
...Simmer for 25 minutes, mashing the tomatoes with a wooden spoon. Next add the preserved lemon, capers and fish balls....
...According to the International Energy Agency (IEA), the electric vehicle and low-carbon energy sectors will demand 25 times more graphite per year by 2040....
...John suddenly recalls the tally: “I’ve got about 24 or 25 international championship medals,” he says....
...john.thornhill@ft.com...
...As a result, revenues for this year would be between $1.83bn and $1.96bn. That is below analyst estimates of $2.58bn, according to LSEG data....
...The interim 2024-25 spending bill, which did not include any big new handouts, is expected to be superseded by a full budget after the new government takes office....
...Investors are expecting the BoE to cut interest rates this year by nearly 1.25 percentage points from 5.25 per cent....
...Elkann, his grandfather’s anointed successor, had already been gifted 25 per cent of the company....
...Elkann last year pushed back against a direct investment from the Italian state while France owns a 6.1 per cent stake in the group via state-owned bank Bpifrance....
...The BoE expects inflation to be 1.9 per cent in two years’ time, although Bailey warned the greater risk was that it would stay higher rather than fall further....
..., 336 pages A Century of Labour by Jon Cruddas Polity £25, 288 pages John McTernan is a former political secretary for Labour prime minister Tony Blair and political strategist for BCW Global This article...
...Twelve months before it was 10.1 per cent....
...Under this, the oil tanker group would use the proceeds from the Frontline transaction to buy CMB’s green energy business, CMB.Tech, for $1.15bn....
...Their first shows are of conceptual artist Antoni Muntadas in their Barcelona space until May 25 (€1,500-€120,000) and of the late experimental painter and sculptor Antoni Tàpies in their Madrid headquarters...
...Reporting by Martha Muir, Joshua Oliver, Emma Agyemang, Laura Hughes, Rafe Uddin, Sally Hickey and John Aglionby...
...And US commerce secretary Gina Raimondo helped Microsoft, a would-be American “national champion,” ink a $1.5bn artificial intelligence investment in the United Arab Emirates....
...john.gapper@ft.com...
...The Nasdaq Composite gained 1.3 per cent. Read the full story....
...On the other hand, Newcrest’s merger destroyed some $1.4bn of value. Cheap targets abound, thinks John Hathaway at Sprott Asset Management....
...In that time Lazard’s share price fell by roughly 25 per cent, before Jacobs relented and stepped down in 2023....
...India’s female labour force participation rate fell from 25 per cent in 2014 to 24 per cent in 2022, lower than regional neighbours Bangladesh, Sri Lanka and Pakistan....
...The strikes, which led to Stellantis agreeing a 25 per cent pay increase, dented the company’s profitability for the year....
...Additional reporting by John Reed in New Delhi and Felicia Schwartz in Washington...
...“We’re one of the few consumer goods companies that are consistently demonstrating our ability to grow volumes and revenue,” finance chief John Murphy told the Financial Times....
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