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...But it also estimated that state schools’ costs are rising at 7 per cent this year, much faster than inflation, which is currently at 4 per cent....
...Defence spending in India, which has the world’s fourth-biggest military budget, rose 4 per cent to $84bn....
...john.gapper@ft.com...
...Fish-and-fennel meatball spaghetti SERVES 4 For the meatballs For the sauce Heat a tablespoon of olive oil in a casserole or frying pan....
...Tarry has “all the retail experience and commercial knowledge required for the role but it’s his personal warmth and values that make him such a great fit”, Lewis said....
...The CLEWI climbed 4.9 per cent in 2023 — above the 3.4 per cent rise in US CPI in the same period — following increases of 7 per cent in 2022 and 10.1 per cent in 2021....
...These include people drawn into self-assessment through inflation and the frozen personal allowance....
...Votes are set to be counted on June 4....
...Early last year, one in four new mortgages was a tracker, according to mortgage broker John Charcol....
...Ray Boulger, senior technical manager at broker John Charcol, said: “The movement we’ve seen in gilt yields and swap rates over the last week or so is going to give lenders scope to cut rates....
...He merely thought that the Labour chancellor Hugh Dalton’s 2.5 per cent fixed interest gilts were a swindle when inflation was running at more than 4 per cent....
...One must say the S&P’s yield (5 per cent) does not look great when risk-free two-year Treasuries yield 4.5 per cent, the 30-year yield 4.4 per cent and it’s easy to pick up another point of yield with an...
...While I wait, the 4.5 per cent dividend yield provides some comfort. PZC went backwards, but super stock Cerillion scales new profit and dividend heights....
...emerging AI economy will probably be dominated by the US tech giants with the money, human capital and cloud computing infrastructure needed to train state of the art foundation models, such as OpenAI’s GPT-4...
...Banks already offering seven and 10-year fixes have seen very low take-up from customers, say industry representatives....
...John Charcol....
...In many parts of the country, there is a BJP representative on practically every street....
...Indeed, the more representative Topix index remains almost a tenth below its 1989 peak, and that’s in nominal terms. Forget the Nikkei headlines, therefore....
...said John Reed Stark, former chief of the SEC’s office of internet enforcement....
...The value of this lending was £4.1bn, down 42 per cent. Mortgages for house purchases, or remortgages, were down 21 per cent, while new lifetime, or equity release, mortgages were down 40 per cent....
...John Williams: ‘I don’t have a recession in my forecast....
...By the end of this decade taxes are set to be up by the equivalent of £4,300 per household compared to 2019....
...Last year, John, who is living with dementia, married his girlfriend, Eve. A few weeks later, he told his adult children. Since the wedding, contact has been sporadic....
...On Thursday, Sunnova priced $244mn of solar notes, its first with the DoE’s partial guarantees....
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