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The timing of Scott Benton’s resignation in Blackpool South means that vote can be held on May 2, mitigating the pain
...It pains me to admit it, but Hong Kong is now over....
Depositors are less likely to flee mid-sized lenders than they were following the banking turmoil of 2023
...Lucy Fisher Stephen. Stephen Bush Yeah....
Big Four firm cites success in early experiments to spread out work at peak times in the US
...He seemed to be in some pain, Chenault recalled, but still shot his age on the first 18....
...“By negotiating directly with merchants, we have reached a settlement with meaningful concessions that address true pain points small businesses have identified,” said Kim Lawrence, president of Visa North...
...“But that means there will be pain to go around.”...
...Time to just get the pain out of the way. And as Stephen said, the absolute red line for the Conservatives is the money. So get everything else out the way early. It’s incredibly inept....
...Free links: Chancellor’s modest Budget giveaways set up fiscal pain for after election Labour claims chancellor will create a £46bn fiscal hole with pledge to scrap NI The 2024 Budget in brief Sign up...
Rather than protecting public services, chancellor puts his fiscal harvest towards ‘retail offers’ and passes pain to Labour
...But given that it is not wholly clear how Sunak wants to change the Tory party, this just looks like all pain, no gain to me....
...Tory pains The big picture story of this parliament, I think, is that it has been a reminder that winning over ‘‘valence voters” (voters who largely prioritise the competence and effectiveness of the parties...
...It is not just symbolic ties that the company is slashing: chief executive Stephen Bird announced £150mn in cuts this week, including the loss of 500 jobs, or about 10 per cent of the workforce....
...stephen.bush@ft.com...
...Border pain | Labour has warned Rishi Sunak’s government that the UK faces border disruption and risks to its food supply chains ahead of the scheduled introduction of post-Brexit import checks on January...
...“Put them together and, if they get it right and they can get through the egos and the integration pain, it’s something to be feared.”...
With prices plunging and yields at decade highs, these are the parts of the financial system that could come under strain
Credit card and commercial real estate customers drive ‘charge-offs’ to highest level in more than three years
...There was “pain to come, that’s for sure”, he said, but he added it would it take time for delinquencies to turn into losses....
...Stephen Bush Oh, no....
...Top stories today Interest rates held | Andrew Bailey was at pains to stress his resolve to further raise interest rates if necessary yesterday, as the Bank of England governor warned there was a long way...
...Household pain despite steep inflation drop | Analysts stressed that the better inflation figures — the headline rate dropped to 4.6 per cent in October — would by no means translate into a feelgood factor...
...“Certainly a lot of lower-income households that got caught up in all of this will feel financial pain.”...
...pain of not doing enough on net zero....
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