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Publishers Association pushes for help with exports and lower charges ahead of London Book Fair
...On a month-on-month basis, they edged 0.2 per cent lower in January, suggesting unusually weak appetite from consumers despite the onset of the lunar new year....
...Auto sales, which rose 12 per cent over 2023, are one sign of lower prices supporting demand, though Loo said the auto data had been “volatile”....
...number of potentially interested parties during the strategic review, it said, adding that it had received a number of indicative and preliminary proposals, all of which were less certain and came in at a lower...
...Total advertising revenue (TAR) — combining both linear and digital channels — was 8 per cent lower for the full year. The UK broadcaster flagged a better start to this quarter, however....
...Goldman Sachs said retail sales growth in March was lower partly because of a high base effect from the year earlier, when China lifted pandemic restrictions....
...But that just leaves ample room for lower-priced Chinese vehicles. Read more here....
...But with the property sector expected to remain weak in 2025, Beijing might need to set a lower GDP target next year, Goldman’s Shan said....
...The idea of banks structuring and securitising their way to lower capital requirements, including using off-balance sheet vehicles, sets off all sorts of alarms. But this is not a new idea....
...On Thursday, shares were trading about 3 per cent lower on 757p....
...Analysts at Numis said it was a “significant positive that both the pension triennials have been agreed, and historic legal issues are expected to be settled at a materially lower cost than previously forecast...
...In the final quarter, revenues from the US — its largest market by far — fell 4.5 per cent owing to lower spending by technology, healthcare and retail clients, although business was stronger in the UK and...
...The broadcaster has already frozen hiring and clamped down on expenses to keep costs lower....
...He added that the winding-up petition was “significant” given the scale of Shimao and with CCB being a well-known name compared with lower-profile creditors who had previously filed comparable suits....
...“He really is pretty unflashy,” says Thomas Singlehurst, head of European media equity research at Citi....
...relief on visual effects expenditure was confirmed by Hunt, delivering on a promise made in the Autumn Statement to address concerns that skilled workers were moving to other countries where costs were lower...
...New home prices in China have edged lower every month since June last year. Vanke’s bonds, which at the start of the year traded at stable levels, are now signalling mounting distress....
...helen.thomas@ft.com...
...Close to the city of Chengdu, the Laizhou Distillery, which fills a vast industrial park, is an example of Chinese whisky produced on a larger scale and at a lower price point....
...BBC executives said the lower rate means about a further £90mn would be cut from its budget next year....
...Retail sales came in lower than anticipated, rising 10.1 per cent in the month....
...“Generative AI completely lowers the barriers to entry for production and creativity, making it easier for clients to move work in-house,” says Ajaz Ahmed, founder and chief executive of WPP-owned marketing...
...Rating agency Moody’s Investors Service on Tuesday cut its outlook on China’s sovereign credit rating to negative, citing growing risks of lower midterm economic growth and the rising likelihood of greater...
...“Deposit rates cut[s] will immediately lower banks’ pressure in making some profit,” said Dan Wang, chief economist at Hang Seng Bank China....
...Revenues at the advertising agency were almost a fifth lower year on year at £245.9mn, while billings from clients were down 7 per cent at £450.3mn....
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