Hints and tips:
...,” said Mendes who works at London-based company John Charcol....
...Almost 1mn Italian families missed payments on loans and mortgages in March, totalling €14.9bn as soaring interest rates strained household finances, according to the national bankers’ association Fabi....
...Silvia Ardagna, economist at Barclays, noted that unemployment was likely to stay low despite the recession, with employers hoarding labour after their recent struggles to recruit....
...Additional reporting by Silvia Sciorilli Borrelli in Milan...
...“The public will find it hard to stomach banks raking in large profits whilst their mortgage bills spiral out of control,” said Liberal Democrat Treasury spokesperson Sarah Olney....
...The exhibition Africa Fashion at the V&A in London was a barometer of this shift....
...People close to the process told the FT’s Silvia Sciorilli Borrelli that several potential candidates withdrew their acceptance after being pressured by Italian officials....
...José Ramón Iturriaga, fund manager at Abante Asesores, says that, for British investors, comparisons with the UK housing market are all favourable, as properties are cheaper in Spain and mortgages are more...
...Many companies will fail. It is likely that millions of jobs will be lost. Mortgage repossessions and tenant evictions will increase....
...It is going to be a challenging six months for the ECB, in which many of the potential trade-offs between inflation, growth and financial stability could become more intense and tricky to manage,” said Silvia...
...It also allocates more than €3.5bn to mitigate the impact of rising energy prices, and several billion in tax discounts for companies that hire young people and new mothers as well as subsidised mortgages...
...So they have all of this cash from these companies. They got this influx of money. Those companies are highly interest-rate sensitive....
...Silvia Dall’Angelo, economist at the investment management company Federated Hermes, said central banks in emerging markets “have been more reactive to the appearance of elevated inflation”....
...had forecast that after hundreds of millions of people emerged from lockdowns enforced in March, April and May, the pent-up demand, coupled with the state’s stimulus and easing measures, would spark a “V-shape...
...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!...
...As ever, get in touch with Imani (imani.moise@ft.com) or me (sid.v@ft.com) with thoughts for new articles. Happy reading!...
...As always, reach out to Imani (imani.moise@ft.com) or me (sid.v@ft.com) with thoughts for other companies to cover, trends to follow or general tips....
...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!...
...Silvia Ardagna: Unemployment increase will be very modest....
...Share your ideas with us at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...The fintech giant grew so quickly it issued around a tenth of Chinese non-mortgage consumer loans last year....
...Sputnik V has been approved by 45 foreign countries and is being pitched by Moscow as an alternative to western vaccines produced by multinational pharmaceutical companies....
...This exhibition at the V&A invites us into the opulent world of master goldsmith Carl Fabergé and his London clientele....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...If mortgage rates keep going up — now we’re talking about 6 per cent, two-year fixed today — if these things continue, if these rising mortgage rates precipitate a correction in the housing market, if that...
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