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UK inflation data fuels doubts over early Bank of England rate cut: Andrew Bailey is keen to set his own course but may find it uncomfortable to move much faster ...
ft.com/content/2ec2c5e0-8733-42e8-8afb-ce8aa5050bec
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
UK wage growth comes in higher than expected: Average earnings grew 5.6% in three months to February despite weaker jobs market
ft.com/content/d6a7c348-646d-4258-a08c-f0debd8a6f21
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Artist evicted by London landlord cuts rent by commuting from Argentina: Andy Leek, creator of Notes to Strangers, made the move after finding himself unable to ...
theguardian.com/uk-news/2024/apr/19/artist-evicted-by-london-landlord-cuts-rent-by-commuting-from-argentina
Markets must stop comparing the UK and the US : Inflation persistence is a greater threat for the former than the latter — and rates cuts are a way off
ft.com/content/13579c61-5e1f-48b5-bb4d-2dc787444fb3
Superdry proposes delisting and sweeping restructuring to stay afloat: Fashion retailer is seeking rent reductions on 39 of its UK stores
ft.com/content/d6c19f81-a3df-46a6-90a0-d387cb9d5b1c
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France slams UK over fishing access to protected habitat in British waters : Paris presses European Commission to take action after trawler fleet banned from 13 ...
ft.com/content/e2bab43c-e63b-455c-a7d5-4c55038ce529
US and UK launch crackdown on Russian metals trade: Move to limit Moscow’s war chest could affect London Metal Exchange and Chicago Mercantile Exchange
ft.com/content/ab9157d5-b47f-408f-b1fb-0ee9bd7a823c
UK mulls fresh controls on 'sensitive tech' after China cyber attack claim: Britain is exploring new curbs on China's access to "sensitive ...
thenextweb.com/news/uk-sensitive-tech-china-cyberespionage
Royal Mail bid from Czech billionaire should be treated with deep scepticism: Daniel Křetínský has failed to answer vital questions – and the company should not ...
theguardian.com/business/nils-pratley-on-finance/2024/apr/17/royal-mail-bid-czech-billionaire-daniel-kretinsky
UK heat pump adopters open up homes to encourage others to ditch gas boilers : VisitAHeatPump service allows householders to look and ask questions about ...
theguardian.com/environment/2024/apr/11/uk-heat-pump-adopters-open-up-homes-to-encourage-others-to-ditch-gas-boilers
Ben Bernanke’s brutal verdict on the Bank of England: Former Fed chair highlights shortcomings in modelling but does not call for policymakers to publish own ...
ft.com/content/e851c792-3c05-4f9b-a4b8-85c92afdd9ef
Quick Glance: Improve: Bernanke Critiques Bank of England's Handling of Inflation Crisis
- The Bank of England has deteriorated in economic forecasting, with faulty models and outdated systems. Communication with the public needs enhancement.
- Ben Bernanke's report includes 12 detailed recommendations, which Andrew Bailey, the Bank's governor, intends to act upon. Bernanke emphasizes the Bank's potential for significant improvement.
- Bernanke criticizes the Bank's use of fan charts, suggesting they lack useful information and should be replaced with more transparent communication methods. He highlights the need for clearer decision-making reasoning.
- Despite recommendations, Bernanke avoided speculating on past actions, indicating room for substantial improvement within the Bank's processes. The report conveys a clear message: the Bank could have performed much better.
UK estate agents report third consecutive monthly rise in demand: Rics survey for March reports highest level of buyer inquiries in two years although sales were ...
ft.com/content/9bde89c0-139c-43b9-b1ab-b87f3fb8c8c8
AstraZeneca chair: UK business needs a level playing field to compete: Double standards over pay do serious harm to our competitiveness in the war for talent
ft.com/content/86524f70-b121-4432-9403-94cd1c26f266
Chinese fraud victims seek return of £3bn in bitcoin seized in UK : Group calls for help from Beijing to recover funds held by London police since money ...
ft.com/content/605a7ca9-3f5f-47e6-ab5c-818b9a1bf0d5
McKinsey Offering Some UK Staff Nine Months’ Pay to Leave Firm: McKinsey & Co. has made a unique offer to some of its staff: Take nine months’ pay and go ...
bloomberg.com/news/articles/2024-04-01/mckinsey-offering-some-staff-nine-months-pay-to-leave-firm
Green-eyed CEOs should beware the lure of higher pay: As the banking crisis showed, higher remuneration can prompt tunnel vision and outright misbehaviour
ft.com/content/3c8999ec-2ecf-45e0-92c7-696c7f2aa0b9
Alstom close to securing a new train order for UK plant: French manufacturer holds talks with British government about a deal that could prevent job losses at ...
ft.com/content/50ce5597-b099-4d38-9d96-2dd1604c32c4
Former Rolls-Royce chief to chair UK’s air traffic control provider: Warren East takes over as company tries to recover from consequences of technical meltdown ...
ft.com/content/cacc7648-8f1d-4268-9aab-2ad1850f148b
I’m 55 and can’t decide where to retire, so I bought a £6k house in Italy: British-American Christine Romano was torn over whether to settle in the UK or US ...
inews.co.uk/news/world/retire-italy-6k-house-uk-2991427
How to make trains run on time: An effective railway network relies on co-ordination, long-term planning and innovation
ft.com/content/2d611a05-76f9-4f3d-b252-23f97ac6ffed
The UK needs a new approach to international affairs: From our spending commitments to our historical legacy, we must adjust for a world in flux
ft.com/content/6a96015d-d5ad-45d3-a7f4-957c34c9a05b
Shell ‘massively undervalued’ in London, says former chief: Ben van Beurden says valuation gap with US-listed companies is a ‘major issue’
ft.com/content/b9d3c147-b74c-470c-b9c7-9cba55efd38a
MPs challenge government claims China cyber attack was unsuccessful: UK politicians targeted by APT31 group say they have found ‘tracker pixel’ emails still in ...
ft.com/content/fb69ab74-f473-474e-aa5c-0bf68c496860
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HMRC undermining innovation by failing to award R&D tax credits, say start-ups : Scheme is designed to support companies that work on cutting-edge projects
ft.com/content/5e31b0b8-8ee6-4f73-af20-d9c132b9ed65
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How succession can make or break a family business: With trillions of dollars set to pass on to children, advisers are putting greater emphasis on planning for ...
ft.com/content/8480fb49-5e13-4912-9087-b07f2da698c0
Landmark UK bitcoin freezing order had links to £5bn China fraud: Episode raises questions about extent to which the English courts are used for litigation ...
ft.com/content/821b1f57-ed8e-47af-9343-fc6cb98750dd
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A second UK lawmaker says he was targeted in a sexting scam. Police are investigating
apnews.com/article/uk-lawmakers-sexting-scam-phising-c4b31f9deb06555337b4423396a86930
Why buying company shares has gone out of fashion: The government needs to act to benefit business and the wider economy
ft.com/content/a729c7ea-3adf-45fc-bcd4-531418741c87
Brexit import charges may mean rise in food prices, say trade groups: Fees of up to £145 on EU animal and plant products through Dover and Folkestone begin on 30 ...
theguardian.com/business/2024/apr/04/brexit-import-charges-may-mean-rise-in-food-prices-say-trade-groups
US investors turn more cautious than Fed on 2024 rate cuts: Swaps markets price in less than 0.75 percentage points of rate reductions
ft.com/content/9499ab2e-e562-4c46-9cb1-c8a1d990035b
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UK government refuses public inquiry into bankrupt Essex council: Plea from angry residents for investigation denied, preventing wider probe into England’s local ...
ft.com/content/a4cc7ad9-7baa-4f50-b0f7-7d77027bf904
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We must mind the maths gap for women: The UK, US and other OECD countries are struggling to mimic the success of other cultures
ft.com/content/544dbc2b-b3ff-4c2e-bc8f-87c81e531016
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A senior UK lawmaker fell victim to a sexting scam. His colleagues are being urged to go to police
apnews.com/article/sexting-britain-lawmakers-scam-phishing-william-wragg-dd1673bdecf60301daa0648d680f3f9e
Croydon named beauty industry capital of the UK: Supermodel Kate Moss’s home town has more hair and make-up workers that anywhere else in the country
standard.co.uk/news/london/south-london-beauty-capital-croydon-industry-hairdresser-salon-b1148836.html
Immersive experiences London: Are novelty bars the death of the UK’s capital?: From prison-themed bars to theatrical dining rooms, novelty nights are trending in ...
independent.co.uk/life-style/london-immersive-experiences-novelty-themed-bars-b2525821.html
Ethical shopping on the rise in UK despite cost of living crisis: Increase in Fairtrade income to £13m shows shoppers still prioritising environment and workers’ ...
theguardian.com/environment/2024/apr/02/ethical-shopping-on-the-rise-in-uk-despite-cost-of-living-crisis
Jeremy Hunt and Gen Z are clearly of a mind on Shein. They’d rather skirt the issues
theguardian.com/commentisfree/2024/mar/31/jeremy-hunt-and-gen-z-are-clearly-of-a-mind-on-shein-they-would-rather-skirt-the-issues
Massy concludes probe, presents 456-page report: A 456-page report has been produced by Senior Counsel Kerwyn Garcia and attorney Vishma Jaisingh ...
trinidadexpress.com/business/massy-concludes-probe-presents-456-page-report/article_8158d922-f431-11ee-9315-67634638b336.html
Civil service only up to 40 Competitive disadvantage for MV?: GEW state chairman Nico Leschinski has teachers in mind when he suggests raising the age limit for ...
nordkurier.de/regional/mecklenburg-vorpommern/verbeamtung-nur-bis-40-wettbewerbsnachteil-fuer-mv-2442636
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The DB debacle: How the railway makes its East Bavarian customers angry: Started weak - and then decreased significantly. This is how the first months of the DB ...
onetz.de/deutschland-welt/db-debakel-bahn-ostbayerischen-kunden-wuetend-macht-id4734232.html
B304 new: 250 opponents and supporters receive Bundestag delegation: Large but peaceful march on Friday morning, April 19th, in front of the Altenmarkt town hall ...
pnp.de/lokales/landkreis-traunstein/b304-neu-250-gegner-und-befuerworter-empfangen-bundestags-delegation-vor-dem-altenmarkter-rathaus-15877311
Steve Bradshaw’s objective: Become DeKalb’s next CEO: Steve Bradshaw has a print-out of the U.S. armed forces’ principles of war taped to his desk.
ajc.com/news/atlanta-news/steve-bradshaw-dekalb-county-chief-executive-officer-candidate-bio-and-profile-from-the-ajc/F24O2FMAYVHCFNA56YK57VFEEU/
Who’s Who: Abdulaziz Ibrahim Alnowaiser, CEO of KAEC: Abdulaziz Ibrahim Alnowaiser was recently appointed CEO of King Abdullah Economic City by the board of ...
arabnews.com/node/2493686/saudi-arabia
Thuringia's SPD leader Maier elected top candidate for the state election: Georg Maier (SPD), Minister of the Interior of Thuringia and SPD state chairman ...
thueringer-allgemeine.de/politik/article242089168/Thueringens-SPD-Chef-Maier-zum-Spitzenkandidaten-fuer-die-Landtagswahl-gewaehlt.html
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Ernest Khosa resigns as NSFAS board chair: Ernest Khosa has resigned as chairperson of the board of the National Student Financial Aid Scheme ...
timeslive.co.za/news/south-africa/2024-04-11-ernest-khosa-resigns-as-nsfas-board-chair/
Who is John Tyson, the Arkansas basketball booster reportedly behind John Calipari hire?
kentucky.com/sports/college/kentucky-sports/uk-basketball-men/article287477380.html
Quick Glance: Arkansas Saves Kentucky and John Calipari
- John Calipari and Kentucky were on the brink of giving it one more shot. Arkansas saved them from themselves - and that's good for everyone.
- The relationship between the 65-year-old Hall of Fame coach and the elite program was not just dull but also burdensome. When athletic director Mitch Barnhart and Calipari sat for a local television interview last month to assure fans that they were on the same page and committed to getting the Wildcats back on top, it seemed more like a hostage video.
- Arkansas and its billionaire supporters unexpectedly intervened to recruit the coach nobody else pursued and offer him a compensation beyond what others could provide. Everyone benefits. Perhaps not the Razorbacks - time will tell - but certainly Calipari and Kentucky. He was in desperate need of a fresh start, as were the Wildcats. After failing to reach the second weekend of the NCAA Tournament for the fourth consecutive year, the individual who led Kentucky to seven Elite Eights, four Final Fours, and a national title in his initial decade came to a realization.
- This is not intended to diminish Calipari's past achievements at Kentucky. He revitalized the Cats, contributed to their national title, and kept UK in contention for a championship nearly every year during his remarkable first ten years. He served as a positive influence in the state, demonstrating his philanthropy in times of crisis. This is about recognizing that since 2020, Calipari was tarnishing this legacy. It's about acknowledging that both sides knew the journey had come to an end and it was time to step away. Just when it seemed that Calipari and Kentucky were considering another attempt, Arkansas intervened and rescued them from themselves.
Saudi officials attend meeting of auditors in Tanzania: RIYADH: The board of directors at the Institute of Internal Auditors has convened its second meeting in ...
arabnews.com/node/2493041/saudi-arabia
Interest rates need to stay higher for longer, says Bank of England policymaker: Megan Greene dampens hopes of August cut while underlying causes of inflation ...
theguardian.com/business/2024/apr/11/interest-rates-bank-of-england-policymaker-inflation-uk
Macy’s Settles With Arkhouse on Proxy Fight, but Takeover Possibility Still Looms
wwd.com/business-news/retail/macys-settles-with-investor-activist-arkhouse-on-board-members-takeover-possibility-still-looms-1236307486/
Kent hospital staff admit 'we wouldn’t want loved ones treated here’: The chairman of the board said the situation is 'really bad' and there is 'a ...
kentlive.news/news/kent-news/shock-kent-hospital-staff-admit-9217819
New Brexit checks will cause food shortages in UK, importers warn: Rules due to come in this month will impose new handling fees – and experts say small ...
theguardian.com/food/2024/apr/13/new-brexit-checks-will-cause-food-shortages-in-uk-importers-warn
Fight for the SPD state parliament list: “My aim is to keep the store together,” says SPD state chairman Georg Maier.
thueringer-allgemeine.de/politik/article242069980/Kampf-um-die-SPD-Landtagsliste.html
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Change in chairmanship? Lower Saxony's AfD is reorganizing itself: Ansgar Schledde (AfD) speaks in the Lower Saxony state parliament. He should become the new ...
braunschweiger-zeitung.de/niedersachsen/article242055294/Wechsel-im-Vorsitz-Niedersachsens-AfD-sortiert-sich-neu.html
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The Thuringian FDP's hope rests on Thomas Kemmerich: Thomas Kemmerich, state chairman of the FDP in Thuringia, gives an interview to journalists at the state ...
thueringer-allgemeine.de/politik/article242044156/Hoffnung-der-Thueringer-FDP-ruht-auf-Thomas-Kemmerich.html
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Disney Board Emerges Victorious In Shareholder Vote, Beats Trian And Blackwells Nominees: Shares Slide Be
benzinga.com/general/entertainment/24/04/38076617/disney-board-emerges-victorious-in-shareholder-vote-beats-trian-and-blackwells-nominees-sha
Okuama Killings: Military board of inquiry commences sitting: Seventeen soldiers were ambushed and murdered on 14 March in Okuama Community of Delta State.
premiumtimesng.com/news/top-news/685090-okuama-killings-military-board-of-inquiry-commences-sitting.html
State parliament member Schledde wants to become AfD state leader: At a party conference on April 20th, the Lower Saxony AfD will vote on the state executive ...
cz.de/der-norden/parteien-landtagsabgeordneter-schledde-will-afd-landeschef-werden
He ran for the Bundestag in Hildesheim - Now the AfD politician is about to lose an office
hildesheimer-allgemeine.de/meldung/er-kandidierte-in-hildesheim-fuer-den-bundestag-nun-steht-afd-politiker-vor-dem-verlust-eines-amtes.html
A second UK lawmaker says he was targeted in a sexting scam. Police are investigating
thestar.com.my/tech/tech-news/2024/04/09/a-second-uk-lawmaker-says-he-was-targeted-in-a-sexting-scam-police-are-investigating
People on the move: See who is being hired, promoted and winning awards in People on the move
orlandosentinel.com/2023/05/04/people-on-the-move-14
UPSC Essentials : Daily subject-wise quiz | Polity and Governance MCQs on CCPA, CAT, Governor and more (Week 52)
indianexpress.com/article/upsc-current-affairs/upsc-essentials/upsc-essentials-daily-subject-wise-quiz-polity-and-governance-mcqs-on-ccpa-cat-governor-and-more-week-52-9245022/
Dar to be presiding officer for Senate chairman, deputy chairman elections: ISLAMABAD: President Asif Zardari on Tuesday appointed Foreign Minister Ishaq Dar as ...
thenews.com.pk/latest/1174918-dar-to-be-presiding-officer-for-senate-chairman-deputy-chairman-elections
Brexit red tape costs Scottish salmon producers millions, says trade body: Reducing trade friction with the EU could boost access to member states, group says
ft.com/content/0f88f85a-9a80-4866-a9cb-5401e1d81d42
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Quick Glance: Sam Bankman-Fried's Verdict: 25-Year Prison Term - BBC News
- Sam Bankman-Fried received a 25-year prison sentence. Key details from the court hearing in New York were summarized, focusing on his defense lawyer's arguments and the judge's ruling.
- The judge criticized SBF's lack of remorse, noting that he had never expressed a word of regret for committing terrible crimes. Customers who lost money in the collapse reported experiencing nightmares.
- SBF admitted to making a series of poor decisions but claimed that customers could be reimbursed. The judge pointed out that the assertion that customers would be fully repaid through the bankruptcy process was misleading.
- The court hearing also included testimonies from customers who lost significant amounts of money, insights into SBF's background, and the reasons behind the collapse of his company FTX.
Scotland’s economic potential is blocked by a failing UK: There is a fundamentally different policy consensus north of the border — and different rules apply
ft.com/content/c58602fb-dcad-4ac6-bb58-86d39e809642
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Fastest rise in UK child poverty for 30 years, data shows: 25% of children living in absolute poverty, sparking outcry from welfare campaigners
ft.com/content/dd180705-6331-4187-acd5-fc07ca6da3ac
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UK rental costs rise at record 9% pace: ONS figures point to uneven effects of high interest rates on property market
ft.com/content/da0c34d9-0360-415a-8e0f-e154df859a17
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UK stocks are not all that cheap: A bargain in the aggregate, not the particular
ft.com/content/80d7f1de-dcb7-46c9-be5a-32b73c9c071e
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Minimum wage is UK’s ‘most successful economic policy in a generation’: Resolution Foundation study suggests lowest earners are £6,000 a year better off due to ...
theguardian.com/society/2024/mar/27/minimum-wage-is-uks-most-successful-economic-policy-in-a-generation
BBC to explore third-party deals as it looks to reboot under plan for future: Director-general Tim Davie to emphasise need to protect British democratic and ...
ft.com/content/d7d42df7-0345-4207-97f4-6045954b9d5d
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Rishi Sunak’s attempt to boost Tory morale hit after two ministers resign: UK PM forced into mini-reshuffle ahead of three-week break after Robert Halfon and ...
ft.com/content/c1625056-5231-464e-92d9-c517bd6c10b3
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Jeremy Hunt hints at October date for UK general election: Expectations rise that poll will not be held until after summer as European leaders’ summit is ...
ft.com/content/60a6db33-1ebd-4f21-ba9d-37640b5af611
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EU electricity carbon tax will hit net zero targets and consumers, industry warns
ft.com/content/f3770570-e6ed-4819-84b6-469a34e168bf
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B&Q owner Kingfisher warns of lower profits as DIY market slows: Company’s shares fall as it says it is to reduce costs, which suggests it could cut staff
theguardian.com/business/2024/mar/25/b-and-q-kingfisher-profits-diy-shares-costs-staff
Chemical attack suspect granted asylum as Christian despite concerns over lies: Officers searching for Ezedi, 35, recovered the body from the Thames in central ...
inews.co.uk/news/chemical-attack-suspect-abdul-ezedi-asylum-christian-lying-2976261
The era of the unfixable problem: Refugee flows, low birth rates and left-behind regions persist because there is no answer, not because politicians are useless
ft.com/content/2095fc43-abf7-4397-827c-0520d8977954
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Gambling group 888 to change name to evoke: London-listed company looks to focus on core markets of UK, Italy, Spain and Denmark as well as cost-saving measures
ft.com/content/8ae026c3-7cd1-410d-a523-082728fc8c8d
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Sunny out? How surge prices at Thorpe Park, Legoland and Alton Towers could work: Families face peak prices at peak times at some of the UK's leading theme ...
inews.co.uk/news/business/surge-prices-thorpe-park-legoland-alton-towers-2970613
Boeing CEO to step down at end of year in overhaul sparked by safety crisis: has announced sweeping changes to its management, with its chief executive officer ...
scmp.com/news/world/united-states-canada/article/3256684/boeing-ceo-step-down-end-year-overhaul-sparked-safety-crisis
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Quick Glance: Implications of Boeing CEO's Resignation on Aircraft Manufacturer
- Dave Calhoun, the CEO of Boeing, is set to resign by the end of the year, with additional top executives leaving the company amidst safety concerns tarnishing its reputation following an incident involving an Alaska Airlines 737 Max in January.
- It is emphasized that most Boeing aircraft remain safe, but only time will reveal whether the restructuring in the corporate leadership leads to tangible positive changes.
- Implementing a cultural shift in a vast company like Boeing can prove to be a complex task, particularly for the incoming CEO tasked with rebuilding the company's image.
- Despite thorough investigations and changes at the helm of Boeing, it is crucial to highlight that the company's airplanes are safe and continue to be maintained by dedicated professionals to ensure safety in the aviation industry.
Court ruling means by-election in Princes Town corporation - Trinidad and Tobago Newsday
newsday.co.tt/2024/03/26/court-ruling-means-by-election-in-princes-town-corporation/
Runaway US government debt may sink markets, slam economy: watchdogs: Ballooning government debt and soaring interest payments could trigger a UK-style market ...
businessinsider.com/us-national-debt-government-spending-stock-market-financial-crisis-economy-2024-3
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