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...But the currency’s share rose to 40 per cent in February this year, with the highest jump recorded after the US executive order....
...Mélanie Masarin vividly remembers buying her first pair of Mary Janes....
...Sterling’s strength “reflects a ‘not as bad as expected’ economic performance for the UK last year and hopes that growth in 2024 may be a little better”, said Jane Foley, senior FX strategist at Rabobank...
...The probability of the first 0.25 percentage point cut being delivered by June rose from about 50 per cent to 60 per cent, with traders moving to price in three cuts by the end of the year....
...“We’re seeing a return to the joys of dressing up,” says Dames, “and pointy shoes, whether stiletto boots, pumps or Mary Jane flats, easily adapt from casual to formal settings.”...
...The benchmark FTSE 100 index rose 1.4 per cent after the news, putting it on track to close at a record high....
...Consumer prices rose at an annual rate of 4 per cent in January, the same rate as in December, the Office for National Statistics said on Wednesday....
...Consumer prices rose at an annual rate of 4 per cent in December, up from 3.9 per cent in November, the Office for National Statistics said on Wednesday....
...Trump Media & Technology Group, the company behind his Truth Social platform, rose as high as $79.38 a share from the previous day’s price of $49.95, before closing up 16 per cent at $57.99....
...Fully owned by the UK Foreign, Commonwealth and Development Office, it has backed big infrastructure projects across the developing world, including ports and renewable energy plants as well as businesses...
...Yields on 30-year gilts rose 0.1 percentage point on Wednesday to 4.6 per cent while benchmark 10-year yields rose 0.06 percentage points to 4.2 per cent....
...Four people will appear in court in October after the UK’s Serious Fraud Office charged them in connection with the collapse of UK café chain Patisserie Valerie in 2019....
...At the start of the hearing, the diminutive 92-year-old businessman was gently guided to his feet by his lawyer as the clerk read the fraud charge to him....
...“Now it would appear that the fear of intervention is doing a fair amount of heavy lifting for them,” said Jane Foley, head of FX strategy at Rabobank....
...The Office for National Statistics figures mean inflation is at its lowest pace since 2021....
...Investors turned to haven assets, such as gold, which rose 1.2 per cent to its highest level since July, and the dollar, which rose 0.3 per cent against a basket of peers....
...Private rents rose 5.7 per cent year on year in September, up from 5.6 per cent in July, according to the Office for National Statistics....
...Additional reporting by Mary McDougall...
...The Office for National Statistics said annual growth in average pay, excluding bonuses, remained at 7.8 per cent — the highest rate since comparable records began in 2001....
...Gross domestic product rose 0.2 per cent between December last year and January, driven by a 0.2 per cent expansion in the services sector, the Office for National Statistics said on Wednesday....
...to the natural sound of a rainforest, and even live singing by Rose....
...The Office for National Statistics’ figures came as a surprise to economists, who had predicted a rise in inflation from 6.8 per cent in July to 7 per cent in August, and led to an initial sell-off in sterling...
...Congressional Budget Office forecasts suggest that net interest spending will be close to half of America’s overall deficit by 2026....
...Gross domestic output dropped 0.5 per cent between June and July, after growing the previous month, data published by the Office for National Statistics on Wednesday showed....
...Venkat’s plan is a sort of “Hail Mary” attempt to revitalise Barclays, which has for years traded at a deep discount to its book value much to the disappointment of its shareholders....
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