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Due to be held in Melbourne from February 11 to February 13, 2024, just days before Swift’s “Eras” tour arrives in Australia, the conference is backed by seven universities across Australia and New Zealand. Swift's "Eras" tour has become a cultural phenomenon. Swift’s impact has already proven to be literally Earth-shaking. Fans attending her Seattle “Eras” tour concert at Lumen Field in July caused seismic activity equivalent of a 2.3 magnitude earthquake, according to seismologist Jackie Caplan-Auerbach. Her “Eras” tour could gross a record-breaking $2.2 billion in North American ticket sales alone, according to August survey data from research firm QuestionPro provided to CNN exclusively.
Persons: CNN — Taylor, , , Allen J, Lumen Field, Jackie Caplan, Auerbach, QuestionPro, Swift, William Shakespeare, John Keats, Taylor Swift Organizations: CNN, University of Melbourne, New Zealand, Organizers, Los Angeles Times, North, Ghent University, University of Texas, Austin, Arizona State University, Psychology Locations: Melbourne, Australia, New, Asia, Pacific, Seattle, Belgium
Investors piled into bets on the BoE keeping Bank Rate at 5.25% on Wednesday as soon as official data showed a surprise fall in the pace of price growth. Other analysts said they still thought a final BoE rate hike was the most likely outcome after a recent jump in global oil prices, but they stressed it could go either way. "We stick with our call for a hike, but now see this as a coin toss," JP Morgan economist Allan Monks said. British inflation is almost double the rate in the United States, where the Federal Reserve on Wednesday kept borrowing costs on hold. Last week, the European Central Bank raised rates to a record high but signalled that it was likely to pause.
Persons: BoE, Goldman Sachs, JP Morgan, Allan Monks, BoE Governor Andrew Bailey, Rishi Sunak, Bailey, Dominic Bunning, William Schomberg, Alex Richardson Organizations: Bank of England, Monetary, British, ECB, FX Research, HSBC, Federal Reserve, European Central Bank, Thomson Locations: United States
Investors put a nearly 50-50 chance on the BoE keeping rates on hold on Thursday after 14 back-to-back increases stretching back to December 2021. Investors had been overwhelmingly expecting the BoE to raise interest rates for the 15th time in a row on Thursday, taking Bank Rate to 5.5% from 5.25%. "The inflation figures may not sway the Bank of England away from raising interest rates tomorrow," Yael Selfin, chief economist at KPMG UK, said. Britain's inflation rate remains high - topped only by Austria and Iceland among Western European countries in August. But core inflation - which strips out volatile food and energy prices - fell by more than the headline rate to 6.2% from 6.9% in July.
Persons: Hunt, BoE, Yael Selfin, Price, Rishi Sunak, Jeremy Hunt, William James, Hugh Lawson Organizations: Reuters, Bank of England, Sterling, U.S, Investors, National Statistics, KPMG, Labour Party, Thomson Locations: July's, British, Austria, Iceland, Western, Britain
UK inflation to be highest among big economies in 2023 - OECD
  + stars: | 2023-09-19 | by ( ) www.reuters.com   time to read: +2 min
LONDON, Sept 19 (Reuters) - Britain remains on course to have the highest inflation of leading rich economies in 2023, according to Organisation for Economic Co-operation and Development forecasts which showed the country's inflation problem widening compared with most of its peers. Britain's headline inflation rate was set to average 7.2% over 2023, up from a previous forecast of 6.9% made by the OECD in June. It was also higher than Germany's expected inflation this year of 6.1% and France's 5.8%, both of which represented cuts from the OECD's June forecasts. "Today the OECD have set out a challenging global picture, but it is good news that they expect UK inflation to drop below 3% next year," finance minister Jeremy Hunt said in a statement. Britain's high inflation rate has led the Bank of England to raise borrowing costs 14 times in a row since December 2021.
Persons: Rishi Sunak, Jeremy Hunt, William Schomberg, Andy Bruce Organizations: for Economic Co, OECD, Bank of England, Thomson Locations: Britain, Japan, Paris, France, Germany, Italy
Prince William flew to New York on Monday for a two-day visit during which he attended the second Earthshot Prize Innovation Summit, an event which coincides with both Climate Week NYC and the 78th session of the UN General Assembly, and where the finalists were unveiled. Prince William speaks with kids as he visits Billion Oyster Project in New York City on Monday. Cindy Ord/Getty ImagesUpon touching down at Newark Airport on Monday, the Prince of Wales said it was good to be back in the US. “No one does optimism and ingenuity like the American people, so it’s only right we unveil this year’s Earthshot finalists in New York City,” William said. And vital.”The five Earthshot categories and finalists are:Protect and Restore NatureAccion Andina - Peru: A grassroots project working across South America to protect native forest ecosystems across the Andes.
Persons: Prince, Prince William, John F, Cindy Ord, Wales, ” William, , Kennedy Organizations: London CNN, UN, Assembly, Royal Foundation, Getty, Newark Airport, Air, US, Global, Technologies, Circ Inc Locations: Wales, New York, Singapore, United States, New York City, Peru, South America, Freetown, Tree, Sierra Leone, Council, Belterra, Brazil, Poland, United Kingdom, Hong Kong, South Africa, India
YouTube cuts off Russell Brand's ad revenues -Sky News
  + stars: | 2023-09-19 | by ( ) www.reuters.com   time to read: +1 min
[1/2] British comedian and actor Russell Brand walks outside the Wembley Park Theatre, in northwest London, Britain, September 16, 2023. REUTERS/Susannah Ireland Acquire Licensing RightsLONDON, Sept 19 (Reuters) - YouTube has suspended adverts on Russell Brand's online videos, Sky News said on Tuesday, after accusations of sexual assaults involving the British actor and comedian. Brand, once one of the country's most high-profile comedians and broadcasters, has over 6 million subscribers to his YouTube channel. The 48-year old has denied having non-consensual sex after an investigation by the Sunday Times newspaper and Channel 4 television showed he was accused by four women of sexual assaults, including a rape, between 2006 and 2013. Reporting by Sarah Young Editing by William SchombergOur Standards: The Thomson Reuters Trust Principles.
Persons: Russell Brand, Susannah Ireland, Russell, Brand, Sarah Young, William Schomberg Organizations: Wembley Park Theatre, REUTERS, YouTube, Sky News, Sunday Times, London, Thomson Locations: British, London, Britain
When Greg Jein, an Oscar-nominated visual effects artist, died last year at age 76, he left behind thousands of props, miniatures, costumes and other possessions in two houses, two garages and two storage units in Los Angeles. Among his many belongings, he had a lace hairpiece worn by William Shatner as Captain Kirk in the original “Star Trek” television series; a nearly 7-foot-long Martian rocket ship from the 1952 movie serial “Zombies of the Stratosphere,” featuring a young Leonard Nimoy; and Batman’s yellow utility belt from the 1960s television show, starring Adam West. Going through the collection after Mr. Jein died in May 2022 “was like a treasure hunt because Greg knew where things were, but it was not organized,” his cousin, Jerry Chang, said. “As you moved a stack of books away, you’d go, ‘Oh my god, I recognize that!’”But there was one particular item that no one knew he had until one Saturday last November, when four of Mr. Jein’s friends decided to help his family empty one of his garages.
Persons: Greg Jein, Oscar, William Shatner, Kirk, Leonard Nimoy, Adam West, Jein, , Greg, , Jerry Chang, you’d, Jein’s Locations: Los Angeles
Trump Charges Make Unreported History
  + stars: | 2023-09-15 | by ( Holman W. Jenkins | ) www.wsj.com   time to read: 1 min
Holman W. Jenkins Jr. is a member of the editorial board of The Wall Street Journal. Mr. Jenkins joined the Journal in May 1992 as a writer for the editorial page in New York. In February 1994, he moved to Hong Kong as editor of The Asian Wall Street Journal's editorial page. Mr. Jenkins won a 1997 Gerald Loeb Award for distinguished business and financial coverage. Born in Philadelphia, Mr. Jenkins received a bachelor's degree from Hobart and William Smith Colleges and a master's degree in journalism from Northwestern University.
Persons: Holman W, Jenkins, Mr, Gerald Loeb, William Smith Organizations: Street, William, William Smith Colleges, Northwestern University, University of Michigan Locations: New York, Hong Kong, San Francisco, Philadelphia, Hobart
Prince William will touch down in New York on Monday for a two-day visit – primarily to attend the second Earthshot Prize Innovation Summit. William and Kate visit Câr-Y-Môr Seaweed Farm, a key partner of 2022 Earthshot Prize winner Notpla, in St. Davids, Wales on September 8, 2023. “In addition to unveiling this year’s Earthshot finalists next week, you’re also going to see Prince William sitting down with the UN Secretary-General and other world leaders… This really is the evolution of Prince William as the global statesman,” a close aide said. This trip’s timing also appears to be quite fortuitous, in that it comes weeks after Prince William topped a new poll as America’s most popular public figure. A huge crowd of well-wishers greets the Prince of Wales while in Massachusetts last December.
Persons: London CNN —, Prince William, , Prince of Wales, William, Kate, Câr, Notpla, Arthur Edwards, Queen Elizabeth II, , you’re, , Joe Biden, Volodymyr Zelensky, King Charles, Biden, Donald Trump, Prince, David L, Ryan, Duke of Cambridge, King, “ You’ve, Andrzej Duda Organizations: CNN’s Royal, London CNN, CNN, UN, Assembly, Royal Foundation, Boston, Gallup, Republicans, Boston Globe, British Locations: London, New York, Singapore, St . Davids , Wales, , Beantown, Wales, Massachusetts, Boston, Poland, Ukraine, Russian
In a post on X, formerly Twitter, Rahm Emanuel wrote: "1st: Defense Minister Li Shangfu hasn't been seen or heard from in 3 weeks. Now: He’s absent from his scheduled meeting with the Singaporean Chief of Navy because he was placed on house arrest???" China's foreign and defence ministries did not immediately respond to requests for comment. Reuters exclusively reported on Thursday that Li had abruptly pulled out of a meeting with Vietnamese defence leaders last week. These moves have raised questions from analysts and diplomats about a lack of transparency and unpredictable decision-making in China's leadership.
Persons: Yukiko Toyoda, Tian, Rahm Emanuel, Li Shangfu hasn't, William Shakespeare's, Li, Singapore Rahm, Sean Wat, Dong Jun, Qin Gang, Lun Tian, Martin Pollard, Xinghui, John Geddie, Neil Fullick Organizations: Twitter, Defense, Navy, Reuters, Financial Times, Singapore, PLA Navy, Liberation, Rocket Force Locations: Tian TOKYO, BEIJING, U.S, Japan, Vietnam, Denmark, Tokyo, Beijing, Singapore, China, Xinghui Kok
But for a variety of reasons, those facing serious crimes are most often required to serve their sentences in the United States. Image Danelo Cavalcante Credit... Chester County District Attorney's Office, via Associated PressDid U.S. law enforcement know that a fugitive from Brazil was in the United States? Mr. Cavalcante was wanted in Brazil in connection with the slaying of a man in his small town of Figueiropolis in 2017. Even if Brazil had issued an Interpol notice calling for his arrest, the United States would have had no reason to believe he was living in the United States. People who are tried and convicted of a crime in the United States must serve their time here, with rare exceptions.
Persons: Danelo, Danelo Souza Cavalcante, Cavalcante, , Aaron Reichlin, Alejandro Mayorkas, Desiree Rios, Biden, Mayorkas, Saul Martinez, noncitizens, ” Mr, Reichlin, Melnick, Eleni Cavalcante, , William Stock, Stock Organizations: Department of Homeland Security, Prison, Immigrants, Attorney's, Associated Press, . Immigration, Customs, ICE, American Immigration Council, Homeland Security, The New York Times, ., Mr, Congress, United, Pennsylvania State Police, American Immigration Lawyers Association Locations: Pocopson Township, Pa, Brazil, United States, Pennsylvania, Chester, U.S, Chester County, Washington, Figueiropolis, Pompano Beach, Fla, deportable, Philadelphia
Disney Fights, the NFL Wins
  + stars: | 2023-09-12 | by ( Holman W. Jenkins | ) www.wsj.com   time to read: 1 min
Holman W. Jenkins Jr. is a member of the editorial board of The Wall Street Journal. Mr. Jenkins joined the Journal in May 1992 as a writer for the editorial page in New York. In February 1994, he moved to Hong Kong as editor of The Asian Wall Street Journal's editorial page. Mr. Jenkins won a 1997 Gerald Loeb Award for distinguished business and financial coverage. Born in Philadelphia, Mr. Jenkins received a bachelor's degree from Hobart and William Smith Colleges and a master's degree in journalism from Northwestern University.
Persons: Holman W, Jenkins, Mr, Gerald Loeb, William Smith Organizations: Street, William, William Smith Colleges, Northwestern University, University of Michigan Locations: New York, Hong Kong, San Francisco, Philadelphia, Hobart
Jelonch back as France ring the changes to face Uruguay
  + stars: | 2023-09-12 | by ( ) www.reuters.com   time to read: +3 min
LILLE, France, Sept 12 (Reuters) - France head coach Fabien Galthie made 12 changes to the team who beat New Zealand in the World Cup curtain raiser as Anthony Jelonch is making a long-awaited comeback to face Uruguay in Lille on Thursday. "He needed a lot of willpower, a lot of fighting spirit to be here with us," Galthie told a press conference on Tuesday. Jelonch, who underwent surgery in March and will captain the team on Thursday, said he went through periods of 'doubt'. From the team who started at the Stade de France, only lock Cameron Woki, centre Yoram Moefana and winger Gabin Villiere will be on the Pierre Mauroy stadium field at kickoff. "They're a South American team who are going to fight with a lot of aggressiveness and a lot of energy," said Galthie.
Persons: Fabien Galthie, Anthony Jelonch, Les Bleus, Galthie, Jelonch, I'd, Paul Boudehent, Sekou Macalou, Maxime Lucu, Antoine Dupont, Antoine Hastoy, Matthieu Jalibert, Melvyn Jaminet, France's, Louis Bielle, Cameron Woki, Yoram Moefana, Gabin Villiere, Pierre Mauroy, Paul Bourgarit, Jean, Baptiste Gros, Dorian Aldegheri, William Servat, Lock Bastien Chalureau, Italy, Les, Arthur Vincent, Romain Taofifenua, Pierre Bourgarit, Reda Wardi, Sipili Falatea, Bastien Chalureau, Thibaud Flament, François Cros, Baptiste Couilloud, Thomas Ramos, Julien Pretot, Christian Radnedge Organizations: LILLE, New Zealand, All Blacks, Six Nations, Stade de France, Namibia, France, Fiji, South, Thomson Locations: France, Uruguay, Lille, scrumhalf, flyhalf, A, Marseille, Lyon, South American
Bozell’s father is Brent Bozell III, who founded the Media Research Center, Parents Television Council and other conservative media organizations. Political Cartoons View All 1148 ImagesThe judge is scheduled to sentence Bozell on Jan. 9. Prosecutors said that before the riot, Bozell helped plan and coordinate events in Washington in support of Trump's “Stop the Steal” movement. He smashed a window next to the Senate Wing Door, creating an entry point for hundreds of rioters, according to prosecutors. In a pretrial court filing, Bozell's lawyer denied that Bozell helped overwhelm a police line or engaged in any violence against police.
Persons: Joe Biden's, Leo Brent Bozell IV, Brent Bozell III, John Bates, convicting, Biden, Donald Trump, Bozell, William Shipley Jr, Eugene Goodman, Nancy Pelosi, ” Shipley, Shipley, Bozell “, , ” Bozell, FBI tipster, Hershey Christian Academy ” Organizations: U.S, Capitol, Justice Department, Media Research Center, Parents Television, District, Republican, Prosecutors, Capitol Police, FBI, Hershey Christian Academy Locations: bashed, Palmyra , Pennsylvania, Washington
Will the Real Shakespeare Please Stand Up?
  + stars: | 2023-09-08 | by ( Willard Spiegelman | ) www.wsj.com   time to read: 1 min
Shakespeare’s funerary monument in Stratford-upon-Avon, England. Photo: Brian Seed/Bridgeman ImagesIn the final act of “The Tempest,” the wizardly Prospero may have drowned his book of spells. But of making books about Shakespeare there is no end. In particular, a set of questions about the writer—concerning identity, authorship, legitimacy—has vexed readers for centuries. Of Shakespeare, we know a few things, but lack of knowledge has never prevented people from speculating, sometimes wildly.
Persons: Brian Seed, Prospero, Shakespeare, , William Shakespeare’s, George Bernard Shaw Organizations: Avon Locations: Stratford, Avon, England
Holman W. Jenkins Jr. is a member of the editorial board of The Wall Street Journal. Mr. Jenkins joined the Journal in May 1992 as a writer for the editorial page in New York. In February 1994, he moved to Hong Kong as editor of The Asian Wall Street Journal's editorial page. Mr. Jenkins won a 1997 Gerald Loeb Award for distinguished business and financial coverage. Born in Philadelphia, Mr. Jenkins received a bachelor's degree from Hobart and William Smith Colleges and a master's degree in journalism from Northwestern University.
Persons: Holman W, Jenkins, Mr, Gerald Loeb, William Smith Organizations: Street, William, William Smith Colleges, Northwestern University, University of Michigan Locations: New York, Hong Kong, San Francisco, Philadelphia, Hobart
UK inflation expectations rise in August, survey shows
  + stars: | 2023-09-08 | by ( ) www.reuters.com   time to read: +1 min
LONDON, Sept 8 (Reuters) - The British public's expectations for inflation over the medium to long term, which are closely watched by the Bank of England, Rose in August, a survey published on Friday showed. Inflation expectations in five to 10 years' time marginally rose to 3.3% from 3.2% in July, the survey by U.S. bank Citi and polling firm YouGov showed. Public expectations for inflation in 12 months' time increased to 4.4% from 4.3%. Citi said it expects these data to continue to ease in the months ahead as headline inflation falls back. "However, these data re-affirm that upside risks around energy in particular over the coming winter could continue to pose challenges."
Persons: Rose, YouGov, BoE, Juby Babu, William Schomberg, Daniel Wallis Organizations: Bank of England, Citi, Thomson Locations: British, U.S
The collection amassed by Jein, who died last year at age 76, will be offered up by Heritage Auctions next month in Dallas. Jein, who had an Oscar and Emmy nominated career making miniature models, was also a collector of costumes, props, scripts, artwork, photographs and models from the shows he loved. But a small preliminary model, which is about 5 inches (12 centimeters) long, is among Jein's creations that will be offered at the auction. Chang said Jein loved his work and also had a passion to learn about a wide array of topics. After Jein died, his cousin found that his book collection spanned topics from cooking to the military.
Persons: Greg Jein, Jein, , Joshua Benesh, ” Jein, Steven Spielberg's, Benesh, , William Shatner, Kirk, Leonard Nimoy’s “ Mr, Spock, ” Lou Zutavern, Jein’s, ” Zutavern, Jerry Chang, Chang, Chang's, you’d, ” Chang Organizations: DALLAS, “ Star, Heritage Auctions, Air and Space Museum, , Hollywood, California State University , Los Locations: Dallas, Los Angeles, dumpsters, California State University , Los Angeles, Hollywood
“One of the responses to stress is to freeze — to stop living in your tracks. “I think there is also a societal PTSD connected to Covid — we were not designed to watch humans suffer,” she said. There is no shame in getting help.”How to fight your Covid apathyStuck in idle? There are also tools you can use to stop stress in its tracks. “The booster has been updated to provide immunity to many of the newer Covid strains that are circulating,” he said.
Persons: CNN —, , Cynthia Ackrill, , , Ackrill, , we’re, you’ll, you’ve, Tai Chi, Jane Webber, Webber, can’t, ” Webber, that’s, Covid, William Schaffner, Schaffner, Let’s Organizations: CNN, American Institute of, Kean University Locations: New Jersey
The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Circuit Court of Appeals in Manhattan said a trial judge erred in dismissing Billie Banks' hostile work environment, disparate treatment and retaliation lawsuit against the automaker. Banks sued over conditions at GM's components plant in Lockport, New York, where she began working in 1996. The appeals court also found sufficient evidence that bias and an intent to retaliate were factors in Banks' demotion. The case is Banks v General Motors LLC et al, 2nd U.S.
Persons: Rebecca Cook, Billie Banks, Banks, Denny Chin, Chin, William Skretny, nooses, Jonathan Stempel, Rosalba O'Brien Organizations: General Motors, REUTERS, U.S, Circuit, Commission, Exxon Mobil, Banks, 2nd U.S, Thomson Locations: Detroit , Michigan, U.S, New York, Manhattan, Lockport , New York, Buffalo , New York, Detroit, Baton Rouge , Louisiana, 2nd
A rainbow is seen over apartments in Wandsworth on the River Thames as UK house prices continue to fall, in London, Britain, August 26, 2023. A senior official at the Office for National Statistics asked Britain's statistics regulator to review the outcome of its upcoming work on how it revised its estimates of the swings in the economy around the coronavirus pandemic period. The ONS collects a lot of data itself through surveys of businesses and households, but relies on government departments and other agencies for certain numbers. On Friday, revised data from the ONS showed that Britain's economy performed more strongly than previously thought in its recovery from the pandemic and was ahead of other big European countries at the end of 2021 rather than lagging behind them. Reporting by William Schomberg; editing by David MillikenOur Standards: The Thomson Reuters Trust Principles.
Persons: Kevin Coombs, Michael Keoghan, William Schomberg, David Milliken Organizations: REUTERS, Office, National Statistics, Statistics, Thomson Locations: Wandsworth, London, Britain
UK to declare Russia's Wagner a terrorist organisation
  + stars: | 2023-09-06 | by ( ) www.reuters.com   time to read: +2 min
A flag with the logo of Wagner private mercenary group is attached to a car during an automobile rally at a patriotic festival marking Russia's National Flag Day in the Moscow region, Russia, August 23, 2023. Britain's interior minister Suella Braverman described the Wagner Group as "violent and destructive", adding it "acted as a military tool of Vladimir Putin's Russia overseas". "They are terrorists, plain and simple - and this proscription order makes that clear in UK law," she said. The Wagner mercenary group has operated in Syria, Libya and a number of countries across northern and western Africa. Lawmakers on parliament's Foreign Affairs Committee in July urged more targeted sanctions on what it said were a "web of entities" beneath the Wagner Group.
Persons: Wagner, Yulia Morozova, Suella Braverman, Vladimir Putin's, David Lammy, Putin, Vladimir Putin, Yevgeny Prigozhin, Lavanya, Sarah Young, Peter Graff, William Schomberg Organizations: REUTERS, Wagner Group, Labour, Twitter, Britain, Prigozhin, Central African, Lawmakers, parliament's Foreign Affairs, Thomson Locations: Moscow, Russia, Russian, British, Vladimir Putin's Russia, Ukraine, East, Africa, Syria, Libya, Central African Republic, Mali, Sudan, Bengaluru, London
AFTER SATIRIZING EVERYTHING from the western to the Stone Age, Mel Brooks in 1993 released the movie “Robin Hood: Men in Tights,” a sendup of “Robin Hood: Prince of Thieves,” which had come out two years earlier. Although Brooks’s parody was uniformly idiotic — Maid Marian wears an Everlast chastity belt; Blinkin, a blind servant, gropes a Braille edition of Playboy — many of the laughs were at the expense of so-called feygeles, a Yiddish slur for gay men. During a musical number with a cancan interlude, the heroic outlaw assures the audience he’s not one. “We may look like pansies,” he and his Merry Men sing, “but don’t get us wrong or else we’ll put out your lights. To protect the social order, sumptuary laws were passed that discouraged commoners from dressing above their class.
Persons: Mel Brooks, Robin Hood, “ Robin Hood :, Marian, , we’ll, William Shakespeare, Richard Thompson Ford Organizations: Playboy
Governor of the Bank of England Andrew Bailey speaks as he attends a press conference for the Monetary Policy Report August 2023, at the Bank of England in London, Thursday, August 3, 2023. "But I think we are much nearer to it on interest rates on the basis of current evidence." It is expected to raise borrowing costs again later this month, taking Bank Rate to 5.5%. In May, Bailey told the same panel of lawmakers that the BoE was "nearer" to the peak in interest rates. After that, the central bank increased Bank Rate in June and in August.
Persons: Bank of England Andrew Bailey, Alastair Grant, Andrew Bailey, we're, we've, Bailey, BoE, I've, Jon Cunliffe, Cunliffe, Swati Dhingra, Dhingra, Farouq Suleiman, Suban Abdulla, Kylie MacLellan, William Schomberg, Sharon Singleton Organizations: Bank of England, Monetary, Companies Bank of England, Treasury, Thomson Locations: London, British
UK builders suffer sharp fall in orders as rates rise -PMI
  + stars: | 2023-09-06 | by ( ) www.reuters.com   time to read: +2 min
Workers stand on scaffolding at a residential building in London, Britain, March 7, 2016. Builders cited weaker economic conditions, cutbacks to new building projects and local planning delays as factors holding back house-building activity. S&P said total new orders for the construction sector fell at the fastest pace since May 2020. "Resilient demand for commercial work and infrastructure projects are helping to keep the construction sector in expansion mode for now," Moore said. However, forward-looking measures of the construction PMI fell, with business activity expectations for the year ahead the weakest since January.
Persons: Toby Melville, Tim Moore, Moore, Suban Abdulla, William Schomberg, Catherine Evans Organizations: REUTERS, P, P Global Market Intelligence, Builders, Bank of England's, PMI, Thomson Locations: London, Britain
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