Morning Coffee: JPMorgan analyst hack comes to juniors at Wells Fargo. Balyasny’s British team will take a heavy pay cut

JPMorgan’s investment banking analysts are now largely back in the office. But when that wasn’t the case and they complained about attempts to monitor their diligence at home, they found a way around the bank’s surveillance systems: mouse pushers. Get morning coffee ☕ in your inbox. Register here. Mouse jigglers were first reported to JPMorgan … Read more

Moment Boeing jet performs an emergency stop during a failed takeoff

By David Averre 3:02 PM June 13, 2024, updated 4:12 PM June 13, 2024 Share or comment on this article: Passengers on a Boeing 737-800 flight bound for Manchester experienced sheer panic when the pilot was forced to abort takeoff just as the plane took off from the tarmac at an airport in Turkey earlier … Read more

British housebuilder Crest Nicholson is making losses due to problems in the real estate market

British housebuilder Crest Nicholson has plunged into the red and cut its dividend, highlighting the problems in the British property sector. The FTSE 250 company warned for the fourth time in a year that profits would be below expectations and said it was still hurt by volatile mortgage rates and slowing demand in the housing … Read more

The British economy is stagnating, dealing a new blow to Rishi Sunak’s election hopes

Sign up to the View from Westminster email to get expert analysis straight to your inbox Receive our free View from Westminster email The British economy failed to grow in April, dealing a blow to Rishi Sunak’s hopes of turning around the Tory party’s faltering election campaign. According to data published by the Office for … Read more

The British economy is stalling after Rishi Sunak’s blow

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Economic growth in Britain stalled in April in a blow to Prime Minister Rishi Sunak, who is trying to revive a faltering election campaign. The zero growth rate for the month compared with 0.4 percent … Read more

The British economy is flattening, undermining Rishi Sunak’s recovery hopes

Britain’s economy fell in April, slowed by wet weather, as signs of recovery from last year’s recession began to fade. In a setback to Rishi Sunak’s hopes of a strong recovery before the July 4 general election, the Office for National Statistics (ONS) said monthly growth slowed after rising 0.4% in March. The economy failed … Read more

British unemployment at its highest level in more than two years

1 day ago By means of Mitchell Labiak, Business reporter • Andy Verity, Economic correspondent Getty Images The unemployment rate has unexpectedly risen to the highest level in two and a half years, official figures show. Interest rates rose to 4.4% in the three months to April, the highest level since September 2021. Despite the … Read more

Ryanair flies British couple to wrong country after ‘unbelievable’ airport error

Sign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s travel email Andrew Gore was expecting a birthday for his 47th birthday: he flew with his wife Victoria and 10 other people for a week’s holiday on Spain’s Costa Brava. But after an extraordinary mix-up at Bristol airport, … Read more

British wages are growing by 5.9% despite the slowing labor market

Stay informed with free updates Simply log in to the British employment myFT Digest – delivered straight to your inbox. British wage growth remained strong in the three months to April as a rise in the minimum wage boosted pay packets despite a slowing labor market, official data showed on Tuesday. The Office for National … Read more

The British supercar brand returns to its cycling roots and launches the brand new Dash

Ariel Dash electric bike

When an email landed in my inbox from British sports car brand Ariel, famous for its Atom track car and Nomad dune buggy, I thought someone had confused me with another JC. Jeremy Clarkson and his duo of Top Gear colleagues may have been the team that introduced me to the Ariel brand, but this … Read more