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...bigger than expected government borrowing plans....
...The amount of loans to partners that were either more than 30 days overdue, or had expired and were being renegotiated, more than doubled to £44.6mn at the end of 2023 compared with £17.7mn at the start...
...Farmed rabbit is easier to cook than wild, but the latter has more flavour. You can ask your butcher to joint it or chop it into chunks. Any additional bits such as the head can be made into stock....
...More than 90 per cent of the world’s oceans suffered heatwave conditions, glaciers lost the most ice on record and the extent of Antarctic sea ice fell to by far the lowest levels ever measured....
...More than 130 schoolchildren who were kidnapped in northern Nigeria have been freed, according to government officials, giving Africa’s most populous country a temporary reprieve from its growing security...
...In other words, the algo is making short-term connections between events and affected stocks more efficiently than the broader market. Is it though?...
Nepotism: harder than you think
...This is far lower than the average headroom of £26.1bn left by his predecessors since 2010, against their rules....
...The UK will issue £265.3bn of gilts in 2024-25, according to budget documents, higher than £258.4bn expected by banks ahead of the announcement. Gilts sold off following the release of the numbers....
...Blockbuster deals more than doubled in the first quarter of this year, signalling a nascent recovery in the mergers and acquisitions market following a lengthy drought....
...Eurozone inflation eased to 2.6 per cent in February, leaving it slightly higher than expected by economists, as consumer prices excluding energy and food continued to rise at persistently strong rates....
...However, this was higher than the £5.9bn forecast by economists polled by Reuters....
...The latest melting season in Antarctica, which takes place in the southern hemisphere summer during December, January and February, was more than a month longer in some areas of the continent, according...
...Yes, it will be painful for everybody concerned; but perhaps less so than another two years — at least — of carnage....
...The share price has followed that success, rising more than 60 per cent over the past five years....
...The producer price index dropped by 2.5 per cent year on year in January, slightly better than December’s 2.7 per cent....
...It is better than feared but less than needed. It bows too much to the forces of international diplomacy, and too little to the immovable realities of science....
...“By 2030, all of China’s rivers are likely to be in a much better environmental state than [those] in England.”...
...German retail sales fell more than expected in February, showing consumers remained cautious and a first-quarter rebound was increasingly unlikely in Europe’s largest economy....
...Calpers, the US’s biggest public pension plan, is to increase its holdings in private markets by more than $30bn and reduce its allocation to stock markets and bonds in an effort to improve returns....
...US retail sales rose less than expected in February but rebounded from the previous month, which was revised lower in official data on Thursday....
...Keeping the share count down looks like an inefficient way of appeasing sceptical investors rather than the best use of capital. Wall Street suffers from perverse incentives....
...The London-listed group said profits would be more than a quarter lower than previous forecasts, sending shares 28 per cent lower to 144p by early afternoon....
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