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...David Hughes, AOC chief executive, said the jump in numbers would put a “huge strain” on education budgets over the coming parliament and pointed to a need to expand provision of apprenticeships and higher...
...Lloyds announced the provision on Thursday alongside its fourth-quarter results....
...Aid shipments into the besieged Gaza Strip have been so severely disrupted that the barriers to humanitarian provision could imperil a possible prisoner-for-hostage swap between Hamas and Israel, said several...
...Earnings at Wells Fargo jumped 9 per cent in the fourth quarter, despite an increase in loan loss provisions, as the US bank cut costs....
Industry regulator has shut 804 for-profit facilities since 2011, study shows
...The company’s provision for credit losses rose to $1.9bn in its fourth quarter, from $1.7bn three months ago and compared with $883mn 12 months earlier....
...Wealth manager St James’s Place has announced a £426mn provision for potential client refunds and slashed its dividend, sending shares in the group down almost a third in early trading on Wednesday....
...Shares in Switzerland’s second biggest wealth manager have dropped 16 per cent since it revealed last week that it was taking a SFr70mn ($79mn) provision against losses in its credit portfolio....
...Virgin Money has missed profit expectations as it made a bigger than expected provision for bad loans to account for rising arrears in the cost of living crisis....
...Commerce secretary Gina Raimondo believes that the provision of care is key in deciding which businesses get access to ARP stimulus funds....
...Deutsche Bank reported its highest quarterly profit in 11 years in the first three months of 2024, as revenues were buoyed by strong fixed-income trading and M&A advisory operations while provisions for...
...Brazil, France, Denmark, Canada and Thailand — said the release of hostages would allow Gazans “to return to their homes and their lands with preparations beforehand to ensure shelter and humanitarian provisions...
...NatWest set aside £93mn in provisions for bad loans, well below the £186mn that analysts had expected, as it reported “stable” and “low” levels of defaults across its portfolio....
...That could involve the government allowing local authorities to set up their own provision, or funding the development of non-profit groups as it does for school trusts....
...European companies still operating in Russia are scrambling to comply with a new EU sanctions provision that could significantly alter the way they do business in the country....
...The US, and Europe to a lesser extent, has seen example after example of such provisions going very wrong for lenders....
...Rishi Sunak has put the “cart before the horse” with his plan to extend maths teaching until the age of 18 and should instead focus on improving primary school provision, said Britain’s shadow education...
...The issue centres on loan allowances — or reserves — which are the provisions banks take to cover future losses on delinquencies....
...BofA’s provision for bad loans rose 40 per cent to $1.3bn, up more significantly than rivals. Read more here....
...The FTSE 250 bank, however, suspended its dividend and announced a £400mn plan to bolster its capital provision in anticipation of a potential hit....
...“For that reason our pension provision requires an update.”...
...Valid non-disclosure agreements — which are really confidentiality clauses — must contain provisions allowing individuals to still blow the whistle to regulators or report matters to be investigated by police...
...With regard to your article “Belfast judge rules Legacy Act breaches ECHR” (Report, February 29) you report that the judgment found that provisions scrapping new inquests into Troubles-era atrocities violated...
...Johnson also said a fourth bill, which includes a provision to seize Russian assets and additional sanctions on Russia, China and Iran, would be considered, along with a separate bill intended to boost security...
...The German central bank has burnt through the entire €19.2bn of provisions it built up to cover financial risks as well as most of its €3.1bn reserves to absorb the huge losses it made last year due to higher...
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