Hints and tips:
...Microsoft has hired DeepMind co-founder Mustafa Suleyman to run its new consumer AI unit....
...But these days, Villa is valued at more than £500mn after Sawiris and Edens agreed the sale of a minority stake in their V Sports vehicle to US investment firm Atairos in December last year....
...This year, rising mortgage rates have resulted in falling sales across France....
...Lutyens’ Midland Bank was one of the first to go....
...Many houses in the Midlands are on the market for £300K or less. Market forces could level up where the government has failed....
...Professional investors will look at everything and weigh credit versus government bonds and agency mortgages versus high yield and emerging markets....
...A banner of brilliantly embroidered paisley — the textile pattern of ancient Indo-Iranian origin so utterly co-opted by the British — fluttered by the lake in the Madejski courtyard....
...Avinav Nigam, co-founder of real estate investment platform IMMO, said that as rates increased and banks applied more stringent stress tests, “many who had hoped to purchase using mortgage finance will no...
...Edie Campbell is explaining the inspiration behind the chocolate-brown houndstooth suit she recently co-designed for the British heritage label Sunspel....
...Working with co-curator Amanda Hilliam, a Crivelli specialist, Watkins hasn’t wasted a penny....
...With co-operation between government, regulators and business closer than ever. We’ll deliver not just more competitive financial services, but a more innovative economy....
...Share your ideas with us at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...As always, reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to share your feedback on today’s newsletter. Happy reading!...
...Ethereum co-founder questions economics of rival Solana Joseph Lubin, co-founder of the Ethereum blockchain struck out last week at fast-growing competitor Solana....
...Since mid-October, 10-year gilt rates have fallen, debt servicing costs are down, mortgage rates are lower and inflation has peaked....
...People with mortgages are facing a further squeeze after the Bank of England increased interest rates by the largest amount in 27 years....
...As ever, drop Imani (Imani.Moise@ft.com) or myself (Sid.V@ft.com) your emails with thoughts and suggested topics for coverage. Have a great week!...
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...Although regional building societies play an important role in the mortgage industry, the rest of the UK banking market is dominated by a small number of nationwide lenders....
...But the company later became a flashpoint in the #MeToo movement after former employees accused co-founder Mike Cagney of tolerating a culture of sexual harassment....
...The first is that the US only needs a month or two to get back to a V-shaped boom....
...As a result, the prospects for a V-shaped recovery have brightened....
...In July their Midland venues will, I hope, be a better bet: they begin on July 5 at Cholmondeley Castle near Malpas....
...Andrew Smithers, founder, Smithers & Co: Lag I hope. Money supply is growing too fast and needs to be slowed....
...Payment holidays on credit cards, mortgages and rents are also masking the current stress on loan books....
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