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...In a letter to the House of Commons public accounts committee, Dame Bernadette Kelly, the DfT’s permanent secretary, wrote: “Taking an estimated range for the total costs of phase 1 and assessing them against...
...Contracts tracking the US benchmark S&P 500 and the tech-heavy Nasdaq Composite were down 0.5 per cent and 0.7 per cent, respectively ahead of the New York market open....
...The UK hub airport is experiencing surging demand for travel across all its key routes, leading it to raise its forecasts for full-year passenger numbers from 81.4mn to 82.4mn, which would beat 2019’s previous...
...Steven Kelly is associate director of research at the Yale Program on Financial Stability and publishes research notes at his Substack, Without Warning....
...jemima.kelly@ft.com...
...“If you were to forgo that domestic production you would not get the tax revenues to fund public services,” Claire Coutinho told BBC Radio 4’s Today programme, adding that some of that revenue can be used...
...Liam Kelly, chair of the Police Federation for Northern Ireland, which represents rank-and-file officers, said MI5’s latest assessment showed the wider security situation was “moving in the right direction...
...Charles Peabody of Portales Partners disagrees with Kelly....
...Construction PMIs: The UK’s S&P Global/Cips August construction purchasing managers’ index data will be published. Analysts polled by Reuters forecast a reading of 50.5, down from 51.7 in July....
...Jemima Kelly is an FT columnist Follow @FTMag to find out about our latest stories first...
...Big share price moves in Europe today include UK retailer Marks and Spencer, Danish jewellery brand Pandora and British insurance company Legal & General: M&S: The British food and fashion retailer’s shares...
...It finds Musgraves in a reflective mood, taking stock of life after the divorce recounted in Star-Crossed (based on the end of her marriage to country singer Ruston Kelly)....
...The owner of William Hill last month ended talks with FS Gaming Investments after the gambling regulator put 888’s licence under review over concerns about an investor group implicated in a bribery investigation...
...New economic data had already “taken a bit of the wind out of the sails” of the market, said David Kelly, chief global strategist at JPMorgan Asset Management....
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...Flash PMIs: S&P Global/Cips will unveil flash services and manufacturing purchasing managers’ index data for the EU, France, Germany, Italy and the UK....
...“The die is cast for China to come in and trump BHP’s offer with relatively little resistance from the South African authorities,” said John Meyer, a mining analyst at S&P Angel....
...Bitcoin: The recent price surge demonstrates a friendship of convenience between traditional finance and crypto, writes Jemima Kelly....
...Monday’s share price rise follows a tumultuous week after S&P Global downgraded the company to junk status last week amid concerns about its exposure to rising interest rates....
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