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...jemima.kelly@ft.com...
...The company had a total headcount of 8,572 in June last year, which has since fallen below 8,000....
...In that statement the company said the slowdown had caused fees from permanent roles in the three months to the end of June to fall by 15 per cent compared with the same period in 2022....
...If there were a fire, I’d probably save my Hermès Kellys. But what about my vintage Chanel? Don’t do it to me!...
...Jemima Kelly is an FT columnist Follow FTWeekend on Instagram and X, and subscribe to our podcast Life and Art wherever you listen...
...On Thursday, CPIPG noted that it had sold the Crans-Montana resort at a “significant premium” to the €51mn book value it had ascribed to the business at the end of June....
...Earlier estimates showed that the economy grew 0.2 per cent between April and June. Slovakia elections: Parliamentary voting is to be held on Saturday....
...Jemima Kelly is an FT columnist Follow @FTMag to find out about our latest stories first...
...be “around the bottom of the guided £40mn to £60mn range” and that “cash flow was negatively impacted by [about] £60mn as weaker July and August gross sales coincided with higher sales costs from strong June...
...June’s inflation reading was better than expected, with headline inflation dropping to 7.9 per cent....
...BAE Systems: Shares in the UK-based defence company rose 5.6 per cent after it raised its guidance for the full year as the war in Ukraine boosted orders in the six months to June....
...The company reported earnings of €169.4mn in the three months to June, up from a loss of €27mn in the same period last year. Revenues were €5.3bn, up by a fifth, it said on Wednesday....
...But it added: “However, the larger than expected increase in the Bank of England base rate announced in June has had a material impact on the mortgage market.”...
...The UK’s rate of inflation fell to 6.8 per cent in July, a significant drop from 7.9 per cent in June and in line with forecasts from the Bank of England....
...LSL said “the larger than expected increase” in the Bank of England base rate in June “had a material impact on the mortgage market”. The bank lifted the rate again on Thursday to 5.25 per cent....
...The lender said there had been 86,000 house sales in June, 15 per cent lower than at the same time last year and about 10 per cent below pre-pandemic levels....
...In June, house prices remained broadly flat compared with the previous month, Nationwide’s data showed, but were 3.5 per cent lower than the same month last year....
...But the Halifax data showed an annual fall in July of 2.4 per cent, slower than the 2.6 per cent rate of decline reported in June and less than the 3.8 per cent reported by Nationwide....
...The housebuilder posted a 60 per cent drop in half-year profits in June, after last year’s “mini” Budget caused mortgage rates to soar....
...In the quarter ending June 30, outflows were $2.9bn, taking Ashmore’s net AUM to $1.8bn....
...The company is one of the biggest spenders on podcast ads, spending more than $2mn in June, according to research firm Magellan AI. Podcast advertising is big business....
...According to Halifax, the lender, the average house price fell 0.3 per cent in July compared with June. This was the fourth straight monthly decline in house prices, Halifax said....
...Volvo: Shares in the Swedish carmaker edged up 1.7 per cent on Wednesday, as it confirmed that car sales in June were up 33 per cent compared with last year and sales of its fully electric models quadrupled...
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