Hints and tips:
...TATE has done sterling work on rebuilding its balance sheet and cashflow in recent years, reflected in FY20E ND:EBITDA (inc. IFRS 16) of 0.9x & 1.8x FCF dividend cover....
...If Debt/GDP is about 1 now (UK-US levels) you can run a primary deficit of (g-r) — where g is growth rate and r is real cost of borrowing — and keep Debt/GDP constant....
...Improvements in financial technology that allow people to evade the Gesell tax are increases in the velocity of money, V....
...(c) Company Securities....
...“Those are the requirements of the market,” a P&G spokesman says. Kristin Gribben is associate editor of Agenda, a Financial Times service...
...Either way, it won’t work in the long term!...
...Hoad, planning partner of Campbell Doyle Dye, is ex-P&G. K is for knickers....
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