The UK’s City minister Tulip Siddiq was given a central London apartment by a person connected with the party of the recently ousted Bangladeshi government. Siddiq, economic secretary to the Treasury, was handed a two-bedroom flat near King’s Cross in 2004 without making a payment, according to previously unreported Land Registry filings. The filings indicate
Month: January 2025
Rob Bonta, California’s attorney general, announced the $10 million settlement in the fraud case on Thursday.Bloomberg News A former Los Angeles County physician, a non-profit medical center he founded, a laboratory he co-owned, and an executive at these entities have agreed to pay $10 million to settle allegations that they submitted false claims to Medicare
Residential 19th century style residential buildings in historic center of Paris, France. Kolderal | Moment | Getty Images Europe’s real estate sector is poised for further recovery in 2025, as investment activity picks up and growth returns across key market segments, analysts have predicted. A gradual uptick in transactions in 2024 looks set to gain
<img src=”https://public.flourish.studio/visualisation/21015256/thumbnail” width=”100%” alt=”chart visualization” /> Municipals kicked off 2025 with a stronger tone Thursday as investors began to employ January reinvestment dollars while U.S. Treasuries were choppy and closed the session mixed and equities saw losses. Investors pulled more money from municipal bond mutual funds in the final reporting week of 2024, but high-yield
The UK will return to growth this year but the upturn will not be strong enough to spare the Labour government from raising taxes again before the next election, according to an annual Financial Times poll of economists. The survey of 96 leading economists found that, although the UK is likely to outperform France and
Tariffs and immigration policies could be inflationary, said D.A. Davidson Director of Wealth Management Research James Ragan. Despite uncertainty about policy with a new president and a Republican Congress about to be seated, analysts remain mostly upbeat about the U.S. economy in 2025. Tariffs and immigration policies could be inflationary, said D.A. Davidson Director of
A for sale sign is displayed outside of a home for sale on August 16, 2024 in Los Angeles, California. United States real estate industry rules governing agent commissions will change on August 17 as part of a legal settlement between the National Association of Realtors and home sellers. (Photo by Patrick T. Fallon /
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump’s vision to reshape the world’s largest economy through protectionist policies that put “America First” will damage growth, according to Financial Times economists’ polls that contrast with investors’ bullishness over the US
<img src=”https://public.flourish.studio/visualisation/20996667/thumbnail” width=”100%” alt=”chart visualization” /> Issuance in 2024 surged to a record $500 billion-plus figure, as infrastructure spending needs, election-related concerns and a slew of mega deals led issuers to come to market en masse. The muni market saw a record $507.585 billion of debt issued in 2024, up 31.8% from $385.061 billion in
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. At least 10 people were killed and 35 injured after a man drove a vehicle into a large crowd in the heart of New Orleans in an attack that the FBI is investigating as an
“President Trump and I had a great meeting to discuss our shared priorities for the President’s second term,” said Bowser. ”President Trump and I both want Washington DC to be the best, most beautiful city in the world and we want the capital city to reflect the strength of our nation.” DC.Gov President-elect Donald Trump and Washington,
A home available for sale is shown in Austin, Texas, on May 22, 2024. Brandon Bell | Getty Images There’s good news in the housing market to close out 2024: There’s a lot more supply. The bad news: A lot of that supply is stale, sitting unsold for much longer than usual. Active listings in
Financial Times reporters consider the rise of “sovereign” artificial intelligence, the prospects for electric car sales and whether the “masters of the universe” will be investing your pension savings, in our survey of business trends in the year ahead. Technology Trend to watch The short history of generative artificial intelligence has been shaped by the
<img src=”https://public.flourish.studio/visualisation/20997687/thumbnail” width=”100%” alt=”chart visualization” /> Municipals had a stronger tone Tuesday as investors closed their books ahead of the New Year holiday while U.S. Treasuries were mixed and equities saw losses for the final session of 2024. While municipals have outperformed USTs on the whole in 2024, they will close December with losses. How
The US’s S&P 500 index has risen more than 20 per cent for the second year in a row, as investor excitement about artificial intelligence fuels strong gains in megacap technology stocks. Despite a sell-off in December, the basket of blue-chip stocks has ended 2024 up 23.3 per cent, following a 24.2 per cent gain