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The power of Taylor Swift and Eurovision: Liverpool shows culture and creativity are vital for regeneration and growth

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Liverpool showcase at regeneration festival UKREiiiF in Leeds

Loreen performs on stage after winning The Eurovision Song Contest 2023

Loreen performs on stage after winning The Eurovision Song Contest 2023 in Liverpool(Image: Getty Images)

Liverpool leaders at regeneration showcase UKREiiF say the city’s success shows that culture can drive regeneration – but only if cultural leaders are brought on board at the very start and not treated as afterthoughts.

The North West was represented in force at UKREiiF this year, with Manchester again taking on the landmark Canary building on Leeds Dock alongside Opportunity London, while Cumbria ran a prominent pavilion close to one of the event’s main entrances.

At the Liverpool pavilion meanwhile, guests and delegates including metro mayor Steve Rotheram talked investment and regeneration over americanos and lattes from Liverpool’s own bean coffee. Most delegations at UKREiiF had their own pin badges, including a Welsh dragon for Wales – Liverpool, of course, had mini golden Liver Bird badges.

Just before lunchtime, the pavilion hosted a discussion on “place-based” regeneration – how culture can help drive economic growth.

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Patrick Nolan became chair of the new Imagine Liverpool regeneration board last year ahead of UKREiiF 20205. Mr Nolan, former vice chairman, HSBC Global Banking & Markets, began the event talking about two great examples of regeneration and culture coming together in Liverpool..

One, he said, was Everton’s new stadium on the Liverpool waterfront. “I’m a Red,” he said, “but I have to admit the new Hill Dickinson Stadium is just a terrific development.” He added that “It needed someone to take that move and build something really impressive” on that stretch of waterfront, and said the development would have an uplifting effect on North Liverpool and the area around.

He also said he was excited about the plans for a film and television production hub at the former Littlewoods complex in Edge Lane. The project has been long delayed, but Mr Nolan said: “We are in advanced stages on getting the finances for that”.

A CGI of how the Littlewoods project could look when it is completed

How the planned transformation of the Littlewoods building in Liverpool could look when it is completed(Image: Capital&Centric)

Kate Honey, director of social impact at Liverpool ONE owner Landsec, said her business aimed to think about cultural offerings whenever it built or took on a development. She said Landsec was already thinking about how it could work with Tate Liverpool when it reopens “to create a destination around arts and culture” at Liverpool One for visitors coming to and from the Albert Dock gallery.

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Later the panel discussed the Taylor Town art installation, where an art trail was created across Liverpool ONE and the Albert Dock for the thousand of fans who came to the city for the pop superstar’s Eras concerts. That was led by social enterprise Make CIC, which was commissioned by Culture Liverpool and in turn worked with local artists and makers.

Taylor Swift performing on stage at Anfield

Taylor Swift performing on stage at Anfield in 2024(Image: Gareth Cattermole/TAS24/Getty Images for TAS Rights Management)

Laura Dyer, deputy chief executive for places, engagement and libraries at Arts Council England, said she would encourage developers to engage with their local cultural venues and organisations, adding: “I’d reflect on the way culture can also help regenerate communities and generate that sense of place and belonging.”

Mr Nolan later talked about the power of the Liverpool brand, and how the city region had to use it to encourage investment. The city region, he said, attracted many tourists and short-term visitors but “we need to make it a place where occupiers and investors want to come and build their careers and build their lives”.

Crowds at the Pier Head in Liverpool on Eurovision Song Contest Final day in 2023

Crowds at the Pier Head in Liverpool on Eurovision Song Contest Final day in 2023(Image: Colin Lane/Liverpool Echo)

He said Liverpool’s brand remained strong globally, saying that as he travelled around the world at HSBC “people never had a bad word to say about Liverpool”. But in the UK, there is still work to do.

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“Down south it’s not quite as rosy as that,” he said. “We still have quite a few people with prejudiced historical views of the city. We’re changing that.”

He said the Imagine Liverpool board had been working with international investors and said: “What’s been critical is getting the narrative of Liverpool right.”

That, he said, means talking about the wide range of Liverpool success stories, from traditional industries such as automotive right through to modern growing sectors such as gaming. He said: “We can’t be all things to all people… we have to focus on what we do best.”

Ms Dyer from the Arts Council later spoke about how best to embed culture in regeneration schemes. She said the key for developers was to get cultural organisations in early, and not just to bring them in as a token gesture late in the process.

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Patrick Nolan, chair of the Imagine Liverpool board, speaking, with Isabel Hunt – Executive Director, The National Lottery Heritage Fund, pictured at the  UK Real Estate Investment & Infrastructure Forum (UKREiiF) in Leeds.

Patrick Nolan, chair of the Imagine Liverpool board, speaking, with Isabel Hunt – Executive Director, The National Lottery Heritage Fund, pictured at the UK Real Estate Investment & Infrastructure Forum (UKREiiF) in Leeds(Image: Reach plc)

She said: “The best impact we see is when culture is at the table in those conversations from the very beginning.”

She said Liverpool had seen some very effective examples of co-operation between the public, private and cultural sectors, saying “ You see culture baked in.” The huge success of the city’s Eurovision hosting in 2023 was a prime example of that.

Ms Honey from Landsec later said community and cultural engagement was vital for all regeneration schemes. She said: “If you get it right you’re creating a place that ultimately drives economic value.”

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War-wary, May equity MF inflows fall 40% to year low

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War-wary, May equity MF inflows fall 40% to year low
Equity mutual fund inflows fell in May, dropping 40% to a 12-month low as investors scaled back fresh lumpsum allocations amid growing concerns over the fallout of the West Asia conflict. About 22,908 crore flowed into such schemes in May, down from 38,440 crore in April, marking the steepest monthly decline since May 2023, according to data from the Association of Mutual Funds in India (AMFI).

Monthly flows through systematic investment plans (SIPs), the MF industry’s mainstay, stood at 30,954 crore, marginally lower than April’s 31,115 crore.

War-wary, May Equity MF Inflows Fall 40% to Yr LowET Bureau

Slide most for a month in 3 years as fresh lumpsum payments down; SIPs only tad lower than March high

Sensitive to Sentiment
It marks the second straight month of lower contributions. The SIP book hit an all-time high of 32,087 crore in March.

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Total assets under management eased to 81.58 lakh crore at the end of May, compared with 81.92 lakh crore in April.


Market participants attributed the slowdown in inflows to heightened geopolitical uncertainty and volatility.
“Concerns over global developments, particularly tensions in the Middle East and fluctuating crude oil prices, have led many investors to adopt a wait-and-watch approach rather than make fresh allocations,” said Ankur Punj, managing director, Equirus Wealth.Investors deferred their lumpsum investments into equity mutual funds as elevated crude oil prices, a weakening rupee and intermittent market corrections have dented near-term visibility. Unlike SIPs, lumpsum investments are more sensitive to sentiment, with investors choosing to time their entry rather than commit capital amid heightened volatility.

The Nifty declined more than 2% in May, with crude prices hovering around the $100-a-barrel mark, adding to inflation concerns.

Among equity categories, flexi-cap funds saw the highest inflows at 5,176 crore, though this was 49% lower than April levels. Small-cap and mid-cap funds attracted 4,946 crore and Rs 4,385 crore, respectively, with inflows down 33% and 28%, in that order.

In contrast, gold exchange-traded funds (ETFs) saw net outflows of 725 crore in May, the first monthly outflow in 13 months, following a steady moderation in inflows through the year after record subscriptions earlier in 2026.

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Debt mutual funds witnessed a reversal, recording net outflows of 96,949 crore in May, compared with inflows of 2.47 lakh crore in April, making them the primary drag on overall industry flows.

“Over 70% of the outflows came from the shorter end of the curve, particularly from three categories — liquid, money market and overnight funds — which could be attributed to seasonality of corporate treasury management and tax cycles,” said Sanjay Agarwal, senior director, CareEdge Ratings.

Hybrid funds saw inflows moderate to 10,560 crore from 20,565 crore in April, while new fund launches remained muted. The industry saw 13 new fund offers in May, which collectively mobilised 471 crore, nearly half the amount raised in the previous month.

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China’s Changchun unveils auto revamp plan, seeks BYD and Xiaomi to boost EV push

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China’s Changchun unveils auto revamp plan, seeks BYD and Xiaomi to boost EV push


China’s Changchun unveils auto revamp plan, seeks BYD and Xiaomi to boost EV push

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SpaceX IPO a bid too far? Some opt for a proxy play with Inox India

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SpaceX IPO a bid too far? Some opt for a proxy play with Inox India
Shares of Inox India were among the top gainers Wednesday, after reports of massive oversubscription in the initial public offering of US-based SpaceX drew attention of Indian investors to what could be its local equipment supplier.

Inox India shares ended at 1,891.60 on the NSE Wednesday, up 12.15%. The benchmark Nifty50 closed 0.1% lower.

“The strong response to the SpaceX IPO has drawn attention to Inox India, one of the few Indian companies operating in a related segment and supplying equipment to the space ecosystem,” said Gaurav Sharma, head of research at Globe Capital Market.

SpaceX is reportedly targeting a valuation of $1.7-1.8 trillion.

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SpaceX IPO a Bid Too Far? Some Opt for a Proxy Play with Inox IndiaET Bureau

Co shares surge over 12%, Nifty flat

Investor interest is also being supported by the company’s strong operational performance, with revenue and gross profit expanding over 120% year-on-year, reinforcing confidence in its growth prospects, Sharma said.
In its earnings call after fourth-quarter results, the chief executive Deepak Acharya said, “During Q4, we received a significant aerospace order from a leading US-based private space company with a total order value of approximately 200 crore. We are expecting more high-value orders in Q1 FY 27.”
Sunny Agrawal, head of research at SBI Securities, said there is significant activity in Inox India ahead of the SpaceX listing, and the company is also expanding into segments such as data centres, nitrogen supply and distillery kegs, which support its growth outlook.
But doubts remain about how much more can its shares gain.

“Management has guided for 15-20% growth per year, and after the recent rally, the stock is trading at a relatively rich valuation of about 56 times one-year forward earnings,” said Agrawal. “Investors may consider waiting for a correction before fresh entry, as some profit-taking and a cooling-off in the stock could follow once SpaceX gets listed.”

Shares of Inox India rose 26% in the past week and are over 67% up in 2026 so far. The Nifty50 fell 0.8% in the past week and 11.2% year-to-date.

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Sharma said as the stock has already shot up in the past few days, he would suggest investors to wait for a dip towards 1,700 to take fresh entry and look for targets close to 2,000 and beyond, while maintaining stop-loss below 1,550 for a trading position.

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Energy Transfer Stock: A Low-Risk, High-Potential MLP Play With A 7% Yield (NYSE:ET)

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Energy Transfer's Valuation Can't Be Justified In Light Of Its Surging NGL Exposure

This article was written by

I am interested in a lot of technology and AI stocks like Google, Nvidia, AMD, Tesla and Amazon.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of ET, EPD, KMI, MPLX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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‘Don’t understand the magnitude’: Activist hits back at Northern Star’s Chaney

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‘Don’t understand the magnitude’: Activist hits back at Northern Star’s Chaney

Activist Northern Star Resources shareholder Elliott Investment says the miner’s board has failed grasp the magnitude of its reputational fall, as it agitates for major change.

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'We're a compliant cash cow': Former foreign minister's Aukus assessment

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'We're a compliant cash cow': Former foreign minister's Aukus assessment

Former Foreign Affair Minister Gareth Evans has labelled the Aukus agreement the “worst defence and foreign policy decision” Australia has ever made during an independent review into the trilateral relationship.

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Up to 300 jobs to go at Channel 7, The West Australian

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Up to 300 jobs to go at Channel 7, The West Australian

Southern Cross Media Group, owner of the 7 TV network and The West Australian, will cut between 250 and 300 full-time equivalent positions as part of a major cost reduction program.

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Bond traders keep bets on Fed hike in 2026

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Bond traders keep bets on Fed hike in 2026
Bond traders-maintained bets that the Federal Reserve will raise interest rates by the end of the year, even after a soft US core inflation reading eased pressure on Chairman Kevin Warsh to act sooner.

Interest-rate swaps showed traders were still pricing in a rate hike by December after the report on Wednesday, while Treasury yields were little changed. The rate on two-year notes, which are more sensitive to near-term changes in monetary policy, was 4.11%, down from around 4.13% before the figures. The US dollar slipped.

“The biggest takeaway is that it gives the Fed a tiny bit of breathing room,” said Dan Carter, senior portfolio manager at Fort Washington Investment Advisors. “Another hot month would have put a lot more pressure on them on rate hikes, but this is just soft enough to allow them to wait and see.” The core consumer price index, which excludes food and energy to show underlying inflation, increased 0.2% from April, compared to a 0.3% consensus forecast among economists polled by Bloomberg.

Bond traders keep bets on Fed hike in 2026
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Bond traders maintain expectations for a Federal Reserve interest rate hike by year-end, despite a softer US core inflation reading. This eased immediate pressure on the Fed to act sooner, allowing for a “wait and see” approach. The core CPI’s 0.2% rise from April fell short of the 0.3% consensus forecast.


Ahead of the report, traders in the options market linked to the Fed-sensitive Secured Overnight Financing Rate had been piling into positions targeting multiple rate hikes in the coming months. Some had even embraced wagers for a move as soon as September following Friday’s strong US employment report.
Those moves capped a repricing in the bond market since late February, when the US-Israel attack on Iran sparked a surge in oil prices. That upended bets that the central bank under Warsh would be able to lower rates, as Trump has advocated.

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Costamare Stock: The Business Has Improved, The Relative Case Has Not (NYSE:CMRE)

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Costamare Stock: The Business Has Improved, The Relative Case Has Not (NYSE:CMRE)

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I cover stocks that I usually own or that I like to research. I also believe in the future of Bitcoin. Follow me for intricate ideas and (hopefully) market-beating returns 🙂 .

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Broadcom Stock Looks Like A Value (Growth) Trap (NASDAQ:AVGO)

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Broadcom Stock Looks Like A Value (Growth) Trap (NASDAQ:AVGO)

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Julian Lin is a financial analyst. He finds undervalued companies with secular growth that appreciate over time. His approach is to look for companies with strong balance sheets and management teams in sectors with long growth runways.
Julian is the leader of the investing group Best Of Breed Growth Stocks where he only shares positions in stocks which have a large probability of delivering large alpha relative to the S&P 500. He also combines growth-oriented principles with strict valuation hurdles to add an additional layer to the conventional margin of safety. Features include: exclusive access to Julian’s highest conviction picks, full stock research reports, real-time trade alerts, macro market analysis, individual industry reports, a filtered watchlist, and community chat with access to Julian 24/7. Learn more.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of GOOGL, NVDA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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