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...Part of the reason he does not think the exodus will be so dramatic is because it is unlikely schools will pass on the full 20 per cent to parents....
...The lion’s share of that fee — about $1.80 — goes to the bank that issued the credit card that is being used....
...He claimed credit for helping unleash the Celtic Tiger boom, with annual growth during his term averaging 8.7 per cent and peaking at 11.1 per cent in 1997....
...Does India really need all that time to vote?...
...And a crisis does love a weak point....
...Nominal credit card debt hit a record $1.13tn in the last three months of 2023, growing at one of the fastest rates in more than 20 years, according to the New York branch of the Federal Reserve....
...john.thornhill@ft.com...
...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...
...Its revenues increased 27 per cent last year and the group is building 25 new clubs, expanding its footprint by about 20 per cent....
...Qatar does not have formal relations with Israel....
...Shares in those seven unglamorous companies are up by an average of around 1,000 per cent over the past 20 years....
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...(See 1, above)....
...“The capital is coming in from every channel, every geography because we have attractive real yields and the biggest, most liquid credit markets,” said John McClain, a portfolio manager at Brandywine Global...
...So what does it mean for the financial system that non-banks and investment funds are so exposed to this risk?...
...Its prices are up some 20 per cent since the start of 2021. Volumes over that time have been flat. Surprisingly, volumes remained resilient in the six months to February, rising 1 per cent....
...Their gallery tends to care more about that than an auction house does....
...“I believe it was that night that Elton [John] told him, after hearing that song, that he had to make a record.”...
...The Office for Budget Responsibility forecasts growth of 0.8 per cent this year and 1.9 per cent in 2025....
...The Chicago air cargo manager is sticking to its Core system after losing 207lbs of his 396lbs, saying he does not want to “try to fix something that’s not broken”....
...His attempt at doing so has sent shockwaves through the $1.7tn private credit market which remains dominated by a fairly small group of players, among which Barings was included....
...But when a slice of the booming $1.7tn private credit market is at stake, executives are willing to play by different rules....
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...The 393 newly elected Labour MPs showed their passion and their intention when, on August 1, the first day of the new parliament, they enthusiastically sang “The Red Flag”....
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