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...Maybe Robert Jenrick’s transformation is sincere; I am dubious, but more importantly, so as far as I can tell is every other member of the Conservative parliamentary party not called Robert Jenrick....
...That is in line with current market expectations given that a default at Kemble earlier this month sent the price of a second-ranking “Class B” bond plunging to little over half of its face value....
...The £1.3bn of so-called class B debt, which is still inside the ringfence but has a lower-ranking claim on the company’s cash flows, could be hit with even deeper 35-40 per cent impairments....
...Send me your thoughts: robert.armstrong@ft.com. Can spreads ever be too tight? To the extent that markets people are worried about an overheated market, their concerns are focused on US stocks....
...Traders are marking a riskier £250mn “class B” bond at little over 60 pence in the pound....
...Robert ArmstrongYeah, right when Brexit happens. You have to ask an additional question. A, does Brexit have something to do with this? And B, does that make any sense? Ethan WuYeah. It’s irrational....
...robert.shrimsley@ft.com Letter in response to this article: Starmer and Reeves not ‘winging it’ like the Tories / From Ruth Rosenthal, London N5, UK...
...Any thoughts welcome: robert.armstrong@ft.com and ethan.wu@ft.com. Tesla and the unsettled EV market Yesterday we wrote about one of two faltering Magnificent 7 stocks, Apple....
...It’s a beautiful brown glen check with a little thread of purple running through it. I bought it on sale, bringing the price down from unreasonable to merely high....
...Email us your view: robert.armstrong@ft.com and ethan.wu@ft.com....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...It was launched by Gordon Brown and John Major — some pretty hefty heavyweights....
...Email me: robert.armstrong@ft.com. Friday Interview: Torsten Slok Torsten Slok is one of Wall Street’s most closely followed economists....
...What kind of vessels were the Robert E Lee and the Natchez, which took part in a celebrated race on the Mississippi in 1870?...
...Email Robert at robert.shrimsley@ft.com Follow @FTMag to find out about our latest stories first...
...A buzzy but unobtrusive soundtrack of, say, R&B or soul complements dinner....
...Kagan and Ketanji Brown Jackson — were at the US Capitol....
...For example: “In my view, [public markets aren’t] differentiating enough between office Reits that hold B-tier assets and office Reits that hold A-tier assets.”...
...We like boxes B and C. Will the long end follow the short end down, and why? We can debate how much short rates will come down, but it seems pretty clear that they will fall....
...And I think that is the key, isn’t it, that when Simon Clarke went over the top, it reminds people like Robert and I are old enough to remember the dying days of the Gordon Brown administration, when Geoff...
...Spreads over Treasuries of triple-B (lowest rung of investment grade) and double-B and single-B (upper parts of high yield) bonds were higher earlier this year, before long term interest rates jumped, and...
...Sainsbury’s also said former Robert Mulhall, a former executive at Allied Irish Bank, would replace Jim Brown as chief executive of the supermarket’s bank at the end of March....
...Send us your thoughts: robert.armstrong@ft.com and ethan.wu@ft.com....
...all through the financial crisis, in the end actually falling out with Gordon Brown, but still having the sort of strength of character to stand up to him when Brown wanted to replace him, probably with...
...Gordon Brown was left to stew endlessly before he got to take over as UK prime minister from Tony Blair....
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