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...“Previously, older borrowers may have used [mortgages] for home improvement, travel or to help a younger family member get on the property ladder,” said David Hollingworth, associate director at L&C, a mortgage...
...“PE compensation is predominantly derived from the P&L of the firm — which is based on the management fee of the fund, and this is locked in for the life of the fund,” said Tom Thackeray, a partner at Heidrick...
...That’s labour with a lowercase l. Sorry, Keir Starmer....
...No one cares about rates anymore. Robert ArmstrongSuddenly no one cares about rates....
...In 2018 Marshall’s “Past Times”, black figures picnicking and boating in reference to Monet’s “Déjeuner sur l’herbe” and river idylls, sold to rapper P Diddy for $21mn....
...(Although a care package consisting of an entire paté en croûte, a corkscrew and a magnum of Ganevat would have been a wonderful thing.)...
...It has five big divisions (home care, personal care, beauty and wellness, nutrition, and ice cream) each responsible for its overall P&L....
...The S&P 500 is often used as the default comparison because of its ubiquity, but, in reality, it’s a poor benchmark for private equity returns given how top-heavy it is....
...You can’t just look at the L part of the P&L. Secondly, who really cares anyway? Normal accounting rules don’t apply to central banks. The Fed can create money and operate with negative equity....
...Another seven are associate members, part way through that process....
...Most derivatives are settled on a net basis: on the settlement date, the “winner” of the trade receives a payment from the “loser” reflecting the P&L....
...Kids care more about the things they buy. They want to look after them.” Storytelling and provenance is key....
...Another reason to care is because Chinese watch sales have been spectacularly bad....
...Monday EU, December retail sales figures Germany, December factory orders UK, S&P Global/Cips construction purchasing managers’ index (PMI) data Results: Activision Blizzard Q4, Anima FY, JFE Holdings...
...So l asked Scott what he thought were the most useful things employers can offer....
...When l made the point to her about coping so well, she answered, ‘well l work for a **** company where nothing works, so I’m used to broken equipment and being stress-tested by game-playing stupid senior...
...But that’s Tom Cruise: a tiny splinter of granite, chiselled straight from the rock of L Ron Hubbard, he’s never stinted in his commitment to serve the multiplex....
...An alternative is short and leveraged (S&L) trackers....
...Cosmetics groups L’Oréal and Estée Lauder illustrate the diverging response among consumer groups....
...L’Oréal, the world’s largest cosmetics maker, anticipates that supply-chain challenges and pandemic-induced inflationary pressures will fade from mid-year....
...“The banking sector has been really instrumental in financing the local economy,” says Jamal El Mellali, associate director for financial institutions at Fitch Ratings in London....
...In November 2020, MSCI downgraded P&G’s ESG rating to A from AA. Peltz started on the company’s board in 2018....
...They don’t care whether Covid is real or not. They don’t care whether the vaccine works or not — perhaps they even know it doesn’t. They just want shots in arms and bonuses in bank accounts....
...“Anything below 1 per cent is really just clinging on now,” says David Hollingworth, associate director at broker L&C Mortgages....
...take care of themselves at home....
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