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Labour Party UK
Labour says it will not slash UK civil service if elected
...Sunak is seeking to open a political wedge between his Conservative party and Labour with his defence package ahead of the general election expected this year....
May 2, 2024
Media
UK creatives warn ‘superpower’ status at risk without investment
...“On the eve of a general election, it is time for a national reset — relaunching our national brand and reinvigorating our international reputation,” it said, adding: “But unless we urgently invest in the...
April 23, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
BBC
BBC develops AI plans and talks to Big Tech over archives access
...The development of BBC AI products through its own R&D team would probably involve utilising “open source” — or publicly available — AI models, said a person close to the situation....
March 21, 2024
News updates from April 2: Biden speaks with Xi, Fed’s Mester raises long-term rate outlook
Fed’s Mester raises long-term interest rate outlook on strong US economy
...The equilibrium interest rate, or R-star, is the rate at which borrowing costs can be considered neutral, neither inflating or deflating demand in the economy. Read more here...
April 2, 2024
J Sainsbury PLC
Sainsbury’s shares slide as general merchandise sales disappoint
...J Sainsbury was among the biggest fallers on the FTSE 100 on Wednesday after strong grocery sales failed to allay concerns over its struggling general merchandise business....
January 10, 2024
News in-depthUK politics
UK’s ‘technical’ recession is politically toxic for Rishi Sunak
...Wages are growing in real terms and the jobs market is strong....
February 15, 2024
FT Live
Future of the Car 2025
The leading gathering for the automotive industry
Tuesday, 13 May 2025Sancroft, Paternoster Square, London EC4M 7DQ, UK
News updates from April 23: Tesla to speed up launch of ‘affordable’ models; US regulator bans non-compete agreements
General Motors upgrades guidance after quarterly revenue beat
...General Motors raised its guidance range for the year after reporting strong first-quarter revenue thanks to stable pricing and demand despite high interest rates....
April 23, 2024
Letter
Letter: Keynes foresaw how central banks avoid QE accountability
...(Chris Giles on Central Banks, FT.com, April 23) Chris Giles rightly throws fundamental doubt on both the concept and usefulness of estimates of R-star, or the neutral rate of interest....
April 29, 2024
Stellantis
Stellantis joins global carmakers in Brazil push with $6bn investment
...R$69bn....
March 6, 2024
Federal Reserve
Fed’s Loretta Mester raises long-term rate outlook on strong US economy
...The equilibrium interest rate, or R-star, is the rate at which the Fed can consider borrowing costs to be neutral, neither inflating nor deflating demand in the economy....
April 2, 2024
News updates from March 5: China targets 5% GDP growth in 2024, Gold and Bitcoin hit record highs
Toyota to invest $2.2bn in Brazil
...The announcement follows a string of major funding promises by car manufacturers in Brazil this year, including Volkswagen, General Motors and Hyundai....
March 5, 2024
Inside Politics
What we learn from Andy Street’s narrow loss in West Midlands
...One reason why the mayoral contests are not the best indicator of what is going to happen at the general election is that the individual candidates really matter, though they are more indicative when both...
May 9, 2024
Corporate bonds
Rush of deals hits US corporate bond market as borrowing premiums fall
...The proceeds were earmarked for funding private equity firm CD&R’s acquisition of a majority stake in Presidio from BC Partners....
May 10, 2024
Monetary policy
‘Is monetary policy even working?’
...It’s tough to tell just how much support fiscal policy has given the global economy, however, because data in general has been puzzling since Covid-19 relief, he adds....
March 21, 2024
Letter
Letter: EU competitiveness needs single market to live up to its name
...Targeted public support can sometimes play a catalytic role in cases of market failure, but can never be a general solution to strengthen the economy at large....
April 26, 2024
FT Live
The Global Boardroom: 8th Edition
FT journalists in conversation with leaders in business and government
Wednesday, 4 DecemberDigital Conference
Transcript
Transcript: Live special — Who will win the UK general election?
...It was a very strange way the Lib Dems were talking about it as if nothing’s much to see here, but in fact they won Dorset council, which is a big, really strong Tory area....
May 9, 2024
UK politics
Ex-Tory MP Lee Anderson defects to Reform UK
...He said he would not be resigning from the Commons to force a by-election, arguing that a general election could happen soon....
March 11, 2024
LexStellantis
Stellantis makes an unlikely market darling for car investors Premium content
...Being big also means that necessary investments, in new models and R&D, are less of a drag. Capex and R&D will come in at less than 7 per cent of sales, says Philippe Houchois at Jefferies....
February 13, 2024
News in-depthSanofi SA
Sanofi chief says he could have done a better job outlining R&D plan
...Sanofi’s sales declined slightly in the first nine months of the year, falling 0.4 per cent to €32.2bn, despite strong growth for Dupixent and Altuviiio, while net income declined 2.1 per cent to €8bn....
December 7, 2023
News updates from February 22: Global stock markets hit record highs, Nvidia smashes record for one-day valuation increase
Danone set to raise dividend 5% after strong 2023 sales
...It proposed raising its dividend to €2.10 per share at its annual general meeting in April, taking it back to 2019 levels....
February 22, 2024
Pharmaceuticals sector
EU rules drive pharma backers to the US, says Irish investment chief
...Just a decade ago, Europe was “very strong” in attracting manufacturers of medical devices, but now, “Europe has lost its position as being the location of choice for new medical devices”....
April 3, 2024
News in-depthUK Budget 2024
SMEs eye Budget boost as they battle rising costs and labour shortages
...The UK’s Conservative party has traditionally prided itself on being a strong supporter of business....
March 5, 2024
Legal & General Group PLC
Legal & General’s new chief promises ‘simpler investment case’
...Asked on the media call whether the company was actively considering a sale of Cala, Simões said it was a “very strong franchise” but declined to comment on which businesses were “more or less strategic”...
March 6, 2024
FT Schools
Politics class: Sunak’s instincts are leading the Tories to ever worse defeat
...alternative to this view in a balanced way. [30 marks] TIP: Consider other landmark elections where the decision-making and public image of the party leader has been a key factor in the outcome — either a strong...
May 6, 2024
The Long ViewKatie Martin
UK stocks are finally shining
...The elephant in the room — politics — does not appear to be putting investors off, despite the prospect of a general election later this year....
May 10, 2024

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