You saw some surreal things during the autumn/winter 2022 fashion shows earlier this year. I don’t just mean the spectacle of challenging garments paraded six months before they go on sale — though there’s definitely something surreal about that. But rather surrealism in the sense the writer André Breton intended it. As he wrote in
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Trust is in diminishing supply around the world. That is true among nations, business counterparts and securities traders. In the markets we can measure this distrust in the differing prices of similar financial assets ultimately backed by the US Federal Government. Take, for example, the interest rate paid by the Federal Reserve to banks who
Golden spade by Niwaki, £34 This lightweight spade is perfect for digging soil, planting trees or exuding bling. conranshop.co.uk Bees secateurs set by Sophie Allport, £25 Features an ash handle and a canvas pouch. sophieallport.com Harvesting bag by Rural Kind for Toast, £160 Collect cut flowers or vegetables in this waxed cotton canvas bag. toa.st
Around the turn of the century, currency traders, hedge funds and heavy-hitting economists obsessed over central banks’ foreign exchange reserves. The euro was a baby, and backers faced a daunting task raising it as a currency with global impact, enmeshed in international trade and investment. Any data suggesting it was eating into the dollar’s dominance
Before Steve McQueen speaks, he pulls his clear-hued spectacles apart at the centre, letting them fall in two halves to rest on his navy sweater just below his clavicle. “You know what’s interesting about growing up as black child in the UK? From an early age you’re asking ‘who, how, why, where and what?’ because
These new works combine graphite drawing and blind embossing to reinterpret classical paintings. You see me placing the black figure at the centre of each work to offer an alternative depiction of the western artistic canon. The works take inspiration from Old Master paintings in major museums, such as the National Gallery in London and
The writer is editorial director and columnist at Le Monde It was supposed to be a walk in the park for Emmanuel Macron. Since 1965, when the French first started electing their head of state by popular vote, no sitting president had been re-elected while keeping a majority in parliament. François Mitterrand and Jacques Chirac
A long-awaited plan by Boris Johnson’s government to replace EU development funds after Brexit will leave the regions of England almost £80mn a year worse off than when Britain was an EU member, Whitehall insiders have warned. The shortfall for England in the UK’s replacement Shared Prosperity Fund (SPF) comes despite a promise in Boris
If I told you birthday cake was banned forever and there wasn’t going to be Christmas any more, you might get a flavour of what I felt when I heard that Jeremy King had been outbid in his attempts to rescue his restaurant The Wolseley on London’s Piccadilly. Hospitality group Minor International now has full
US stocks edged higher and government debt was under pressure on Friday, as investors positioned themselves for central banks to curb inflation. The US benchmark S&P 500 share index struggled for direction but remained on track for its first weekly decline in a month, while the technology-heavy Nasdaq Composite dropped 0.5 per cent. The FTSE
As an anthropologist, Gillian Tett will know how easily tribal emotions can be stirred up against a common enemy. In “The world needs to come clean about dirty money” (Magazine, FT Weekend, March 26) she paints a sinister picture of a “social silence” around assets held in trust, and governments “forced to peer into the
Enuma Okoro’s commentary on the “slap” heard round the world (“Why Will Smith deserves our compassion”, Life & Arts, April 2) left me feeling disheartened. As a psychiatrist I have encountered many examples of irresponsible, occasionally violent behaviours. There is always a background that adds perspective. Okoro provides examples in her defence of Smith. But
In his article “The shadows of war” (House & Home, April 2) Robin Lane Fox clarifies that sunflowers — the symbol used to show solidarity with Ukraine — actually are not native to the besieged nation, and were in fact introduced by Russia. Therefore, he suggests that they should not be used to show support
Thank you to Nilanjana Roy for her beautiful and moving article about Anne Frank (“Anne Frank’s potent words”, Opinion, FT Weekend, April 2). One sentence I feel I have to question, however, is where she wrote: “As the Holocaust fades from living memory”. There are many of us who will never forget — sons, daughters,
Both Mark Mazower (Life & Arts, March 26) and Denis MacShane refer to Kaliningrad as a Russian enclave (Letters, April 4). They are incorrect two ways. First, Kaliningrad is a city. Kaliningrad Oblast describes the territory in question. Second, Kaliningrad Oblast is not an enclave but rather a semi-exclave. Enclaves are wholly surrounded by a
Thanks for Gideon Rachman’s timely article “Strongman syndrome” (Life & Arts, April 2). I take issue, however, with the term “strongman”. These men in reality are weak as water, petrified of losing power and terrified of remotely credible opponents. They cower from any scrutiny and from people’s free opinions. Their worst nightmare is a little
BUY: Hilton Food (HFG) Acquisitions have expanded the company’s horizons and look set to define its growth prospects, writes Christopher Akers. It is a time of strategic progress and more diversification for Hilton Food. More than three-quarters of volumes were posted outside the UK in these results, as the food packing company made key acquisitions,
Capital’s shares are currently sitting at around their all-time high and are up by over 60 per cent over the past year. The mining equipment provider, based in Mauritius, saw its shares briefly retreat after releasing its latest full-year results in March, but they have since spiked. Those results — for the 2021 financial year
The German government has announced an aid package to support companies hit by the fallout of the Ukraine war and the sanctions against Russia, the leading energy supplier to the eurozone’s biggest economy. The measures include a new €100bn programme of short-term loans from state-owned KfW development bank for energy companies struggling to cover the
Good evening Global food prices have struck a new high, rising at the fastest monthly rate in 14 years as war in Ukraine hit the supply of grains and vegetable oils, in a shift likely to do the greatest harm in the world’s poorer countries. March’s food price index from the UN Food and Agricultural
The number of people who admitted not paying tax on their overseas assets to the UK tax authority jumped by more than a third last year, prompted by warning letters sent by HM Revenue & Customs. A freedom of information request revealed that 4,443 people confessed to not paying enough tax on their foreign assets
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