Hints and tips:
...David Hollingworth, associate director at L&C, said borrowers on tracker deals are likely to be reviewing their positions....
...David Hollingworth, associate director at L&C, said: “I don’t think we’re out of the woods in terms of the movement in fixed rates at the moment.”...
...In spite of expectations that the Bank of England will raise its main interest rate this week, lenders’ appetite for business had sparked a renewed “price war” for new customers, L&C said....
...The consultants found that SVB was unable to generate real time or even weekly updates about what was happening to its securities portfolio....
...“The base rate changes are coming thick and fast,” says David Hollingworth, director at mortgage broker L&C....
...“The people who are going to feel this immediately are on the variable deals — particularly those on standard variable rates,” said David Hollingworth, associate director at L&C Mortgages....
...C Coaching After Wimbledon, the men’s tour will trial allowing coaching during matches....
...“Will l be allowed to have a cleaner, or a driver? . . . We don’t understand how to survive,” he says, interviewed by the FT in his penthouse in St James....
...He credits his huge majorities in 2015 and 2017 to the “small-L liberal conservative values” that underpin the seat — though his personal politics are those of a steely-eyed Brexiter....
...hopes to totally reboot it in the Eternal City, with Sicilian superchef Ciccio Sultano overseeing culinary offerings, a rooftop bar with 360-degree views, and decor that channels ebullient Man from U.N.C.L.E...
...If values are not enough for the likes of McKinsey to make better choices, then a pain in the P&L may be the only behavioural cue that really works....
...“Anything below 1 per cent is really just clinging on now,” says David Hollingworth, associate director at broker L&C Mortgages....
...L’Oréal has taken out a variety of probiotic patents for a number of the brands in its portfolio, including affordable skincare line La Roche-Posay....
...But before his assassination, Slim had been in touch with a Hizbollah money launderer, exploring ways the latter could defect, according to consultant Mona Alami....
...David Hollingworth, director at broker L&C Mortgages, praised TSB for “having a go” in an area of the market that many other lenders had long since eschewed, but added that the fleeting nature of the offer...
...Another big swipe at the valuations: the next leg down in valuations came with the added pain of the material uncertainty clause, meaning values were down -11.7% l-f-l....
...However, at c.18x recovered earnings, we’d prefer to look elsewhere or wait for a cheaper entry point....
...Nordics P&C exposure through If P&C and Topdanmark supports around 60% of Sampo’s dividend, where this is expected to remain stable....
...Apart from negative l-f-l rental and value growth, we assume recapitalizations to an LTV of c.35% by 2021 lowering the EPS and NAV by c.49% and c.61%....
...at the ‘C-suite’....
...Increased focus on the home, reversing some L-T adverse trends....
...Company commentary supports our view of limited direct impact to P&C : Hannover Re: noted a potential €200m loss across P&C and L&H; Munich Re: noted a €500m loss should all the events it covers for communicable...
...The division is margin dilutive to the Group at a c.13% operating margin (Group c.18-19%)....
...On current multiples LSL is trading on a PE of 12.8x fo Dec 2020 while Countrywide is on 12.2x our 2020 estimates albeit it has c. £75m of debt vs a market cap of c. £123m....
...This tends to be c.20% higher....
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