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...On the same day, L&G chief executive Sir Nigel Wilson decried the “perpetual drift” of companies away from London’s stock market, attributing it in part to a decline in equity holdings among pension funds...
...Simões, who joined the business from Santander, replaced Sir Nigel Wilson, L&G’s chief of more than a decade....
...Stricter rules on daigou, shoppers who purchase items in lower-tax jurisdictions then resell them for profit in mainland China, also dented Hainan sales of brands including L’Oréal last year....
...L&G declined to comment....
...We begin, but of course, in the dead of night with a trainee doctor called Abercrombie Smith (Kit Harington) begging a friend for refuge from “the devil” and some brandy for his nerves....
...L&G said that it had written £13.4bn of pension transfer business globally so far this year....
...The fund’s other top holdings include Microsoft, L’Oréal, and luxury goods company LVMH....
...L&G’s retail business was also “bolstered” by rising individual annuity sales....
...Shepherdson argues that declining S&L tax revenue augurs poorly for future S&L spending, as this chart shows: It’s a reminder to investors that markets are sensitive to changes, not levels....
...“We are expecting a similar number of large transactions to close in the second half of the year,” L&G said....
...Chaumet gold and diamond L’Épi de Blé de Chaumet ring, £10,200. Saskia Diez sterling-silver Long Star earring, €105 for a pair Paul Smith silk shirt, £425, and matching silk tie, £110....
...In an updated prospectus, Birkenstock said that it would sell stock at between $44 and $49 per share, which would raise up to $1.6bn for the company and its private equity owner L Catterton....
...You might also add a splash of brandy – see classic prawn cocktail recipes such as The Wolseley’s – or vodka like Manzi’s chef Christian Turner....
...Under Shane Smith, Vice expanded into a new media empire. The Verge explores how it all came crashing down. Newsletters have been touted as the possible successor of newspapers....
...L&G’s shares fell more than 2 per cent following the news, against a broadly flat FTSE 100 index....
...As Charles Baudelaire put it in his poem L’Invitation au voyage: “There, all is order and beauty/Luxury, tranquillity and delight.”...
...The top five contributors to the fund’s performance last year were Meta Platforms, Microsoft, Novo Nordisk, L’Oréal and IDEXX Laboratories....
...paulsmith.com Gucci raffia GG Marmont shoulder bag, £1,760, matchesfashion.com Guess Originals viscose-mix GO SOPHIA jumper, £30, overkillshop.com Aurélie Bidermann gilded oyster turquoise Alicanta ring, €250 L’...
...Like bigger peers such as L&G, Just has a record pipeline of such deals in what is expected to be a record year for the market....
...After all, as Anne L Murphy writes, these are qualities earned over centuries....
...“Encore de l’audace, toujours de l’audace!” as the French revolutionary Danton put it....
...Tier lll includes schools from BI Norwegian Business School, ranked 39th, to the University of Glasgow: Adam Smith, ranked 77th....
...We’re offered brandies but it feels like a stretch. As we begin to wrap up, Smith says, “We’re going to make a deal . . ....
...jumper, €110 Private White VC Ventile cotton Harrington 3.0 jacket, £595 Michael Kors metal-frame Pierce sunglasses, £170 Luca Faloni leather bag, £725 Crockett & Jones suede Chelsea 5 boots, £470 L’...
...L&G’s latest Rebuilding Britain Index has found that attempts to “level up” UK regions are failing or stalling and that, in many cases, inequalities have widened....
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