Hints and tips:
...politics in the mid-transition (The Polycrisis) — SBF is going to talk himself right into jail (The Verge) — On the front lines of the water wars (Harper’s) — Zombie International Currency: The Pound Sterling...
...Deakin & Francis has used this emblem for one of its eight designs for sterling silver commemorative cufflinks....
...“Here, the focus has mainly been on FMCG [fast moving consumer goods] products,” says Victoria Waugh, co-founder of V&V Sustainability Consultancy....
...As sterling hit all-time lows, Kwarteng walked on, stony-faced....
...Vintage gloves were appliquéd to elbows and the back of jackets — they flashed a V-sign, either for victory or peace. Simons achieved both....
...V Vaccination Pretty much the only thing that stood between Novak Djokovic and this year’s Australian Open title. Oops....
...Cat Rutter PooleyThe trade off isn’t necessarily growth v fairness. Everyone agrees that we need to get Britain growing. The problem is that you need the broadest ability to be able to do it....
...The three-way wiring between media, crown and public that reshaped the modern monarchy did not, in fact, begin with Elizabeth II, but with her grandfather George V....
...Sterling dropped 0.7 per cent against the dollar to $1.3665, its lowest level since early February....
...Russia’s Sputnik V coronavirus vaccine has an efficacy rate of 97.6 per cent, its developers said, based on data from almost 4m people....
...Shearman & Sterling has hired Philip Cheveley as an M&A partner in London. He joins from Travers Smith. Goodwin has hired Hugh O’Sullivan as a partner in its private equity practice....
...Markets Sterling reached $1.40 today, its highest level since 2018, as investors anticipated a strong economic recovery following the UK’s rapid vaccination campaign....
...Since it initiated a £200bn QE programme in March to buy up existing government bonds, the BoE has successfully halted a run on sterling and flight from the gilts market....
...The US dollar has tumbled the most in a decade this month, propelling sterling and the euro higher amid questions over the recovery of the world’s biggest economy and growing political uncertainty....
...Andy Haldane, the BoE’s chief economist, has argued that the recent pick-up in consumer spending suggests a V-shaped recovery, while others on the MPC have argued that health concerns and fears over job...
...“PMI numbers provide further evidence of what initially looks like a textbook V-shaped recovery,” said Carsten Brzeski, chief eurozone economist at ING....
...That means a rapidly developing V-shaped recovery under which one could go back to considering algo-generated combinations of stock and bond indices for the clients, so their long and comfortable retirements...
...Just 30% expect a V shaped recovery in the stock market....
...Conservatives hope leadership will confer maturity on Boris Johnson, as it did on Prince Hal in Henry V. Cynics think the UK’s new premier has more in common with the incorrigible Falstaff....
...Here’s the latest Deutsche Bank FX stress indicator, which is flashing a “pockets of systemic risk” warning as sterling slides below $1.19....
...Further, BAT has confirmed a dividend payout ratio of 65% of adjusted diluted EPS and growth in sterling terms....
...Rate relief drops away in FY22 so the recovery profile, in EPS at least, is not V-shaped....
...Sterling weakened 0.5 per cent against the euro, hovering just off the threshold of 90p per €1, or €1.1150 per £1, as hopes of a Brexit deal at next week’s EU summit fizzled....
...What else we’re reading The People v Harvey Weinstein Only hours after Hollywood partied into the night, Harvey Weinstein hobbled up the steps to a New York City criminal court....
...A long-time fan of knitting, the American artist Sterling Ruby launched a selection of sweaters earlier this year as part of his fashion line S.R. Studio. LA....
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