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...per cent rather than its previous estimate of 1.4 per cent....
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...That worked until 2002 when the guy from Merrill Lynch whose name I forget [Henry Blodget] publicly stated that this company was no good while having a strong buy recommendation on it....
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...Now, the OBR expects the economy to grow by 0.8% this year and 1.9% next year — 0.5% higher than their autumn forecast. After that growth rises to 2%, 1.8%, and 1.7% in 2028....
...We’re now at 5 and a bit, right? So that’s a fair (inaudible). Robert ArmstrongYeah, we’re at 5 and a bit. So some realism has entered the market. And we are now at 4.5 or so....
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...It has placed an uncomfortable spotlight on the company’s leverage. Signa’s borrowings run into the billions, according to two people familiar with the company’s balance sheet....
...If that were to happen, each £800 you paid would be £5,300 extra on your state pension....
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...It was the tenth anniversary of its spinout from French insurance company Axa, a deal dubbed “the robbery of the century” by a rival, and likely the best deal of Senequier’s investment career....
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