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...Gove has claimed the project could harm nearby protected landmarks and would fail to support the UK’s ambitions to transition to a low-carbon future....
...Declarer wins in hand, cashes ♥KQ, before playing a low heart to dummy’s ace. Now, he uses ♦QJ to discard both clubs from his hand, and the contract is home....
...Due to their low price point, generics rely on simplicity and ease of access, operating on a high volume and extremely slim margin basis....
...Businesses reported rising consumer spending supported by an increase in real wages, easing inflation and low unemployment. The UK composite figures were higher than 51.4 for the eurozone....
...The recent gains mark a remarkable turnaround for a currency that dropped as low as N1,900 to the dollar on the black market in February....
...“With inflation very low and growth struggling, the central bank will be wary about tightening policy too aggressively and we doubt today’s hike marks the start of a prolonged hiking cycle,” Leather wrote...
...Follow Mark on X, formerly Twitter, @markv747 or email him at mark.vanhoenacker@ft.com Find out about our latest stories first — follow FTWeekend on Instagram and X, and subscribe to our podcast Life and...
...When you consider all the reasons for not keeping rates permanently low, I think the economic merits favour setting rates low only as an emergency measure....
...This is an audio transcript of the FT News Briefing podcast episode: Swamp Notes — Did Biden’s State of the Union hit the mark?...
...Polls have shown the ANC’s support dropping to as low as 42 per cent....
...The S&P 500 closed at a 20-month high, and Treasury yields fell to five- month lows, after cautious commentary by Federal Reserve chair Jay Powell failed to deter investor hopes of interest rate cuts....
...Indeed, the group’s share price has risen by 30 per cent since the 12-month low point in mid-August, which is perhaps surprising given the outlook for industrial metals....
...We’re not going to have an airline that competes in the local [market] with low-cost carriers,” he says. He also believes — despite SAA’s record — that this can be done profitably....
...Mark Drakeford’s successor will preside over a challenging landscape....
...But low-income countries are facing its most severe consequences....
...Sell-side analysts are positing individual settlements ranging from the hundreds of thousands to low single-digit millions per plaintiff, implying a maximum liability in the £2-7bn range for the company....
...A visitor comments that one local resembles a character in a Russian novel; a Chekhov short story would be nearer the mark....
...UK grocery price inflation fell to a 30-month low in April, according to data that pointed to an easing of the cost of living crisis that has hit millions of households since late 2021....
...But that may imply that asset prices will remain high — raising the spectre that the inflation-focused agenda may still miss the mark....
...Japan’s hotter than expected inflation made its “dovish hike” even more notable, pushing the currency close to a 32-year low. The dovish central bank surprises did not stop there....
...“But if they’re coming in the low 40s, it’s a kind of Rubicon mark.”...
...That marks a 43 per cent decline compared with a year ago and a hefty discount to the €62-a-tonne price quoted on its EU rival, as well as similar schemes in the US....
...The average interest rate for a 30-year mortgage has been below 7 per cent since December, supporting demand as the stock of existing homes for sale remains low....
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