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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The equal pay claim that tipped Birmingham city council into bankruptcy last year is probably much smaller than the original £650mn-£760mn estimate, according to the man parachuted in by Westminster to run Europe’s largest local
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In the past six weeks, depending on which poll you look at, US President Joe Biden has held anything from a 28-point lead over Donald Trump with under-30s to a 21-point deficit. If realised in
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Remote work has unlocked a world of opportunity. It means I can type from my sofa, a blanket on my legs and a cat at my feet. It means I can work at my preferred
“I don’t want to have to work into my seventies,” says Rochelle White, who runs a marketing agency in Milton Keynes. The 38-year-old instead plans to retire at 56. It’s an early target, but not that unusual. The popularity of the “Fire” movement — reaching financial independence and retiring early — has grown in recent
UK culture secretary Lucy Frazer has demanded fortnightly updates on the sale of the Telegraph newspaper to encourage a speedy resolution to a saga that she describes as the one of the most “intense” periods of her ministerial career. In an interview with the Financial Times, Frazer defended the decision to block the sale of
Here’s the median price to rent a 1-bedroom across 10 cities in Asia. Fraser Hall | The Image Bank | Getty Images Renting a place is a big financial decision, especially when choosing to live in a major city where price tags are particularly hefty. The general rule of thumb is to spend no more
Elections were held on Thursday in 107 councils in England and Wales, as well as for 10 regional mayors and 37 police and crime commissioners. This is less than a third of all local authorities in the two countries — there are 317 councils of various types in England and another 22 in Wales, not
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Apple shares rose on Thursday after it surpassed analysts’ downbeat expectations for revenue in the first three months of 2024 as it navigates lower sales for the iPhone and in China compared with the prior
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Boris Johnson was turned away from his polling station in England on Thursday, as the former UK prime minister fell foul of voter identification rules he pushed for in government that have left some electors
Municipals were slightly firmer Thursday as U.S. Treasury yields fell and equities were better to close the session. Municipal bond mutual funds saw another week of inflows as investors added $515.5 million for the week ending Wednesday after $200.3 million of inflows the week prior, according to LSEG Lipper. High-yield funds also saw inflows to
Federal funding programs that rely on public private partnerships and championed by the Department of Transportation are pushing municipalities into hard comparisons of P3’s to traditional bond offerings. “The amount of time that I spent on bond issuance was about twenty minutes spent signing the paperwork and maybe ten minutes with the CFO telling me
The U.S. Department of Transportation Wednesday announced its first-ever Transportation Infrastructure Financing and Innovation Act loan for a transit-oriented development project. The loan marks the first of what’s likely to be several similar loans from the USDOT’s Build America Bureau, which supports transportation development with a variety of financing structures, including public-private partnerships and private
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Google is making its last attempt to fight back against a historic effort by the US Department of Justice to break the tech giant’s grip on online search, as the most significant antitrust trial in
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hamas said it would send negotiators back to Cairo “as soon as possible” to resume talks on the latest proposal to secure the release of Israeli hostages and halt the war in Gaza, after the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Russian energy giant Gazprom plunged to its biggest loss in at least a quarter of a century after gas sales more than halved in the fallout from Vladimir Putin’s war in Ukraine. The loss of
Legislation that would pave the way for a Colorado bond authority to issue debt for its purchase of a hotel that inspired Stephen King’s The Shining cleared a state Senate committee this week ahead of the May 8 end of the legislative session. The Colorado Educational and Cultural Facilities Authority (CECFA) is pursuing buying the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of England’s failure to forestall the post-pandemic surge in inflation was the result of collective amnesia in the economics profession about the role of money supply, according to a former governor. Lord Mervyn
The Financial Data Transparency Act’s data standards, expected as proposed rules this Summer, may seem like they will be a big step in moderninzing municipal market disclosure, but more work will be needed in order to accommodate the complexities of the muni market. That’s according to panelists at this year’s National Federation of Municipal Analysts
May 2 2024 University of Queensland A University of Queensland researcher has found molecular doorways that could be used to help deliver drugs into the brain to treat neurological disorders. Dr. Rosemary Cater from UQ's Institute for Molecular Bioscience led a team which discovered that an essential nutrient called choline is transported into the brain
The faith-based movie Unsung Hero exceeded expectations in its first weekend, finishing No. 2 at the box office and nabbing a rare A+ CinemaScore grade from moviegoers. The film follows the true story of an Australian father who moves his wife and six children to the U.S. in search of a brighter future but is