Hints and tips:
...This reflects the broader divide between those enjoying secure well-paid employment, solid pensions and access to savings, and those scrambling to keep their jobs and to make ends meet....
...For the average nurse, it is a saving of over £520 and for the typical police officer it is a saving of over £630 every single year....
...And for some sanction-hit groups, mobilisation has also been an opportunity to make savings....
...The new Russians — mostly digital nomads, young families, twentysomethings with savings — became a noticeable contingent of public life. Tbilisi suddenly felt fuller....
...It also became the principal bank for Russians to stash away retirement savings....
...Curtains of spray lift from the banks of a tumbling stream. Birds sing above....
...It could effectively affect, you know, everybody’s pensions, everybody’s savings. It could affect the stability of the system as a whole....
...A lot of people who are dissidents or journalists are really in a tough spot because they don’t have savings. They don’t have access to their savings in Russia and life is really, really difficult....
...They may run out of consumers with unwanted savings before workers return to city centres and close the gap....
...Just as the Bank of England and FSB plan for macro-financial risks domestically and internationally, we need a similar architecture for non-financial risks, from climate change to Covid....
...In other news this Wednesday morning: homeware retailer Dunelm expects full-year profit to fall, while there are also updates from Premier Oil and Severn Trent....
...Executives at UK companies including Foxtons, Persimmon, Severn Trent, Burberry and Bakkavor are reverting to full pay after sacrificing wages during the pandemic....
...A quarter of owners had been forced to use their savings to stay solvent; almost a fifth said they were likely to cease trading or may not survive....
...Severn Trent shares were up 15p at £24.35, while United Utilities was 13.2p higher at 919.2p....
...For more go to https://www.ft.com/fastft Job moves Andrew Duff, the chair at Severn Trent is to stand down....
...Water saving is firmly on the summer, autumn, winter and spring agenda in China, however....
...Banks are reluctant to estimate the financial benefit of deploying machine learning in their risk management functions. But DataArt’s Mr Utkin says the potential cost savings “are huge”....
...As we survey the town from its south bank, Thompson explains how the impact of Darby, his son and grandson (all called Abraham) was so great that “the stages of the village’s history are referred to locally...
...The FSB's description of the trend (almost) wryly invokes central bank balance sheet expansion, as kind of gold standard of financial asset growth....
...It told clients: “It is hard to build a credible investment case for Royal Mail until there is greater certainty about future cost saving targets and the sustainable level of dividend payments....
...There is little geographic overlap in the two banks’ operations, limiting the scope for cost savings....
...As part of the same research, Merrill upgraded travel café operator SSP Group to “neutral”, saying: “Despite concerns over UK air volumes we believe cost savings and high margin contracts should support...
...That’s an annual saving of up to £8,000 for up to 90% of all independent shops, pubs, restaurants and cafes....
...Severn Trent also identified £100m of extra expenditure savings and now forecasts efficiencies of £770m for the regulatory period to 2020....
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