Hints and tips:
...L’Oréal Hapta, price still to be set RM The pocket laptop This dinky 7in mini-laptop is fully modular, upgradable, repairable and ultimately recyclable....
...Customers buy L’Oréal products in response to the pitch “because you’re worth it”. They need to be: the SkinCeuticals Vitamin C antioxidant serum is hardly a snip at £165 for 30ml....
...He was joined by his C&C colleague George Kyle....
...Safari Drive arranges self-drive trips across southern Africa in a 4x4 Toyota Land Cruiser equipped with a rooftop tent and camping equipment....
...That’s F-L-I-C. For more information about your rights as a tenant, do check out the Generation Rent website. Jason Butler is on Instagram and Twitter. He’s @jbthewealthman. Timi is @mrmoneyjar....
...L’Europe, c’est moi Emmanuel Macron has left no doubt that he wants to lead a Europe with more swagger in its step as he takes over the EU’s rotating presidency, writes Sam Fleming in Paris....
...Franklin’s childhood was dominated by her father C L Franklin, a Baptist minister and celebrity preacher, who took her on the road with him on his “gospel caravan” tours when she was 12....
...Refining capacity is to shrink c.30% by 2030, from c.1.7mbd to 1.5mbd by 2025 then to 1.2mbd by 2030....
...However, at c.18x recovered earnings, we’d prefer to look elsewhere or wait for a cheaper entry point....
...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%....
...I very much believe it's going to be a very strong third pillar for our business, and I think it could be a significant P&L contributor to our company, definitely within five years, and definitely within...
...Our forecasts assume the full £500m is invested in land in FY20, and that the benefit in the P&L is seen later 2022 but to a larger extent in FY23....
...The group expects land cash spend of £850m (vs. historical levels of c.£1.0bn), which includes £492m payment of committed land creditors this year....
...We note the c.30% premium to key peer Sodexo....
...This is however negligible in the wider context of the P&L and the land bank, with the impact on future gross margin of 17bps small and which will likely be mitigated....
...Based on company commentary so far, we still believe potential COVID-19 claims (including BI) are a manageable P&L event for the sector, although the devil will be in the detail when it comes to BI policy...
...net debt of c£18.9bn....
...In conjunction with a compelling valuation argument, we believe the relatively short landbank at the company will allow for flexibility in the land market if opportunities arise in the short term....
...The group has c.2.7x ND/EBITDA against a covenant of 4.25x....
...“This has proved very effective for our clients from an investment and inheritance tax planning perspective,” says Iain Tait, a partner in L&C’s private investment office, noting a long-standing fiscal incentive...
...David Hollingworth, director at L&C, a mortgage broker, says borrowers in such cases might consider an offset deal, which allows the mortgage advance to be held by the bank and used to reduce or offset the...
...The last thing I bought and loved was the 12ft oak table and banquette in our kitchen, designed and made by my brother-in-law’s new company, Six Hands....
...Angel L....
...After Obama took office in 2009, Fox pursued Solyndra, a solarpanel company bankrolled and run by Obama’s campaign donors....
...Dame Alison Carnwath, Land Securities The principle that supports unitary boards in the UK is that competent experienced business people add value to companies either as independent board members lending...
International Edition