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...Craig Mackinlay, a Conservative MP, called for the resignation of Davies as well as Flavel. “Both need to bear due responsibility for this unsavoury mess,” he told the FT....
...The number of Spac IPOs rose more than tenfold from 59 in 2019 to 613 in 2021, with proceeds soaring from $12 billion to $162 billion, as markets got high on a Covid-era cocktail of central bank stimulants...
...Our improvised caravan — loaded with camping clobber, swimming gear, a week’s worth of kit and a bottle of Loire Valley rosé packed in a fast-dissipating spirit of freewheeling fun — was the price of independence...
...He then worked his way up the ranks at Prada and Dolce & Gabbana before spending 14 years at Valentino, where he rose to become outgoing creative director Pierpaolo Piccioli’s right hand....
...Osteria San Michele, the restaurant, is open to the public, and draws them from far and wide (Villa Lena has done sustainable agriculture from the beginning, and the meals are beautifully plated as well...
...Prices rose in 13 of the 20 cities, with seven recording their largest ever price growth....
...Chief executive Michele Buck said the company had increased its media spend to 7 per cent of net sales, its highest ever, in 2024....
...“The increase in prices that began in January has now erased the earlier decline,” said Craig Lazzara, managing director at S&P Dow Jones Indices, with prices in 10 of the 20 cities at all-time highs....
...“Labour markets remain tight, pay settlements remain strong, inflationary pressures are rising on Middle East tensions, whilst financial conditions continue to ease,” said Craig Inches, head of rates at...
...Typo watch A hawk-eyed reader caught a typo in our Friday interview with JPMorgan Asset Management’s Bob Michele....
...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....
...In 2020, this was capped at 200 per cent of base salary, which rose to 250 per cent for 2022. Croft had £1.7mn in vested shares at the end of 2022....
...The housing market is still sensitive to high mortgage rates and “general economic weakness”, said Craig Lazzara, managing director at S&P Dow Jones Indices....
...If 40 Wall Street should slip from Trump’s grasp it would be one more eventful chapter for a boom-and-bust building that was conceived in the euphoria of a speculative boom, rose during the 1929 stock market...
...Lionel Richie, Craig David and Lenny Kravitz serenaded the newly-weds. But the real VIP in attendance that day was no celebrity....
...Craig Coben is a former senior investment banker at Bank of America and now a managing director at Seda Experts, an expert witness firm specialising in financial services....
...Separately, new home sales rose more than forecast to a 14-month high of 763,000 units....
...In response, Brent crude, the international benchmark, rose 1.8 per cent, while European gas prices closed up 6.8 per cent....
...Nationally, home prices rose 1.3 per cent in March, only 3.6 per cent below its June 2022 peak, said Craig Lazzara, managing director at S&P Dow Jones Indices....
...The S&P 500 rose more than 1 per cent on Friday to its highest level in nine months on growing hopes for a debt ceiling deal....
...“This rate hike should mark the last in this cycle,” said Kerry Craig, global market strategist at JPMorgan Asset Management....
...Payments over Zelle rose nearly 30 per cent last year, to $629bn. That compares with just $244bn last year for Venmo, launched in 2009 and owned by PayPal since 2013....
...“We think that the Fed is done raising rates,” said Bob Michele, chief investment officer at JPMorgan Asset Management. “We see enough signs of inflation moderating....
...Craig Inches, head of rates and cash at Royal London Asset Management, which manages £150bn in assets, added that “gilts are now starting to look good fundamental value, specifically at longer maturities...
...The S&P Global/Cips UK construction purchasing managers’ index, a measure of the health of the industry, rose to 51.1 in April, from 50.7 in March....
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