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...He says that will now not be possible if Labour’s proposal goes through. “Without the VAT we would have struggled but we would have put them through,” he says....
...Pre-tax profits at the John Lewis Partnership were £56mn in the year to January, compared with a £234mn loss the previous year. Sales climbed 1 per cent to £12.4bn....
...john.reed@ft.com...
...At today’s share price, TMTG is worth almost $9bn and Trump’s stake in it is valued at approximately $3.5bn....
...Tech companies often try to poach teams of smart employees through so-called acquihires: acquiring a start-up to hire the people....
...Take a read through the show notes....
...These include people drawn into self-assessment through inflation and the frozen personal allowance....
...which cost about $1.5bn....
...john.plender@ft.com...
...And a crisis does love a weak point....
...The pool of collectors needs to be replenished because many will go through a burst of buying art, then stick with what they have....
...It raises these interesting questions about what we are responsible for — does everything we say really represent who we are?”...
...[3 BODY PROBLEM TRAILER PLAYING] 3 Body Problem is a big deal because it was created by the ambitious team behind Game of Thrones, David Benioff and DB Weiss....
...“The treaty . . . does not prohibit the launching of ballistic missiles, which could be armed with WMD warheads, through space,” according to the Arms Control Association, a US non-profit group....
...Capital, he argued, does not flow to dangerous places. Good governance was thus a de-risking device for emerging markets....
...John Lydon’s ‘I Could Be Wrong, I Could Be Right’ spoken-word tour runs from May 1 to June 29, johnlydon.com Find out about our latest stories first — follow FTWeekend on Instagram and X, and subscribe...
...India’s biggest steel producer JSW and Chinese carmaker SAIC Motor on Wednesday launched a $1.5bn joint venture to build and sell MG-brand electric vehicles in the world’s most populous country....
...john.thornhill@ft.com...
...It squeaked through by half a percentage point....
...(See 1, above)....
...Abdaal’s positivity shines through....
...John Lobb suede loafers, £1,310....
...john.gapper@ft.com...
...Capitalisation has fallen from a peak of £1.8bn to a derisory £400mn today....
...Europe has meanwhile increased its defence spending from 1.3 per cent to 1.6 per cent of GDP over the same five-year period....
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