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...“Government needs to move faster to ensure that the necessary infrastructure can be delivered over the next decade,” Armitt wrote, urging Hunt to take “decisive action” in his Spring Budget on March 6....
...Stripe is in “no rush” to go public after the $65bn payments company returned to positive cash flow and raised its private market valuation....
...Yet no process is perfectly equitable. Harris notes that giving more information could simply hand an advantage to candidates who can answer template questions well....
...Despite this, UK companies, such as John Smedley, are bullish about their potential to grow. “For a long time, price drove everything....
...Tarry, a dyed-in-the-wool retailer, is a stark contrast to White, who had no retail experience prior to her arrival at John Lewis Partnership....
...Waitrose’s sales rose 5 per cent to £7.7bn, driven by an average 6.6 per cent increase in prices. Sales at John Lewis were down 4 per cent to £4.8bn....
...It also accounts for 16 per cent of total state spending and is equivalent to 6 per cent of Russia’s gross domestic product....
...Companies: Blackstone, Netflix, Alaska Air Group and DR Horton report results....
...The Department of Energy (DOE) and the CHIPS office at the Department of Commerce (DOE) both have “other transactions authority” — allowing the agencies to engage in all manners of creative contracts....
...According to the Budget, defence spending will increase by 2.6 per cent to £55.6bn next year from £54.2bn, after allowing for unspecified Treasury reserves, according to the MoD....
...Remember, there is no greater chivalry than offering your sweetheart your last meatball....
...john.thornhill@ft.com...
...Wood is no CRH or Flutter....
...Millstein was a passionate critic of Milton Friedman’s doctrine that the sole responsibility of companies was to make profits....
...In January, the company’s net sales fell 1.4 per cent to $11bn in the six months to December, down 0.6 per cent on a like-for-like basis....
...Blue Sparrow missiles have “performed flawlessly in its missions so far”, according to its producer, Israeli defence company Rafael....
...Based on reporting by Roman Olearchyk, Christopher Miller, Ben Hall, Max Seddon, John Paul Rathbone, John Reed, Guy Chazan, Henry Foy, Mehul Srivastava, Polina Ivanova and Tim Judah....
...John RalfeJohn Ralfe ConsultingHognaston, Derbyshire, UK...
...Gill PlimmerSo Thames Water, unlike the other water companies, was privatised with no debt in 1989 under Margaret Thatcher, who was prime minister at the time....
...These were recently upheld even for fully automated shops (“Sunday shopping: Robots at German chain must observe day of rest”, Report, April 6)....
...My efforts to alert ministers have been to no avail: the consensus is that the regulations are not over-restrictive and that it is up to TV programmers to decide content....
...john.gapper@ft.com...
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