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Mother, 40, illegally cut down a protected giant tree in her driveway because it was a ‘nuisance’ blocking the drains and slamming into her house – but she is spared a fine after insisting she did it for the benefit from her street

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Kelly Palmer was seen smiling as she left Birmingham Magistrates' Court after avoiding a fine for cutting down a giant tree in her driveway, which was allegedly a nuisance to the entire street

A mother who illegally felled a protected tree in her driveway because it caused a ‘nuisance’ to her entire street has been spared a fine. Kelly Palmer, 40, smiled as she left court after admitting she paid a tree surgeon to cut down the giant ash because it was blocking the drain and regularly hitting … Read more

How Apple is trying to make Final Cut Pro a “touch-first” video editing app

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For the past two weeks I’ve been editing in the latest version of Final Cut Pro for the iPad. For many professionals, the original release of this app last year missed the mark. The tools are simply too limited to use on a daily basis. The new version doesn’t necessarily change that, but despite my … Read more

British interest rates: Bank of England opens the door to a cut in August

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14 hours ago By means of Dearbail Jordan and Faisal Islam, Business reporter and economics editor Getty Images The Bank of England opened the door to a rate cut in August, which would be the first fall in borrowing costs in more than four years. In a close-run decision on Thursday, the Bank voted to … Read more

How ‘pub meal’ inflation has dented hopes for a UK interest rate cut

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Stay informed with free updates Simply log in to the British inflation myFT Digest – delivered straight to your inbox. Inflation may have fallen to its lowest level in three years, but anyone paying for services – from a pub meal to a hotel stay – is still facing prices rising faster than expected. Although … Read more

The Fed needs to cut rates as quickly as possible

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Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The writer is president of Queens’ College, Cambridge, and advisor to Allianz and Gramercy “It doesn’t matter when the Federal Reserve starts cutting rates. The most important thing is where they end up.” That’s a … Read more

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

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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

Fed officials signal only one rate cut before the end of 2024

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Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. U.S. Federal Reserve officials have signaled they expect to cut rates just once this year, taking an aggressive stance on inflation as they have kept borrowing costs at a 23-year high. Updated forecasts on Wednesday … Read more

General election 2024: Hopes for a rate cut take another blow

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The latest set of employment figures before election day show wages continuing to grow at more than double the rate of inflation, a double-edged sword for Rishi Sunak’s government. By means of James Sillars, business reporter @SkyNewsBiz Tuesday, June 11, 2024 7:27 AM, UK The prospect of a pre-election rate cut by the Bank of … Read more

Will Britain and the US cut interest rates like Europe? – BBC news

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Image source, Getty Images Item information Author, Natalie Sherman Role, BBC news 1 hour ago After sharply raising borrowing costs in recent years in an effort to quell rising prices, countries around the world are shifting gears. The European Central Bank (ECB) announced its first interest rate cut in five years on Thursday, lowering key … Read more

The ECB comes with a ‘hawk-like’ interest rate cut, Lagarde emphasizes the dependence on data

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The ECB cut rates by 25 basis points, signaling a moderation in monetary policy restrictions. However, Frankfurt has also made an upward revision to its inflation projections, with headline inflation now expected to average 2.5% in 2024 and 2.2% in 2025. ADVERTISEMENT The European Central Bank (ECB) cut interest rates by 25 basis points at … Read more