Hints and tips:
...These included accountants Deloitte and EY, law firms Freshfields and Slaughter and May, the bank NatWest and the insurer Aviva....
...Perry is backed by Australia’s largest bank, Commonwealth Bank of Australia, as well as Adidas, the German sportswear maker, and several other sponsors....
...The New York group also employs Philipp Hildebrand, former chairman of the Swiss National Bank....
...There were no child trust funds or junior Isas in those days; it was either a bank or building society account, National Savings bonds or some kind of investment....
...Keeping a horse is usually high maintenance, especially when, like the white horse at Westbury, it measures 170ft long and 182ft high....
...The division runs office canteens for companies including Aston Martin, Deutsche Bank and ITV. Revenue growth was fastest at Holroyd Howe, which runs canteens at private schools....
...The company – whose brands include Persimmon Homes, Charles Church and Westbury Partnerships – said it completed 9,903 homes last year, up from 9,360 in 2011. Sales increased 12 per cent to £1.72bn....
...Banks are also looking to deleverage and smaller businesses are looking for capital.”...
...The developer, which builds houses under brands such as Charles Church and Westbury Partnerships, has £508m of forward sales for 2012 compared with £484m a year ago....
...Private Business of the Year Award sponsored by HSBC Private Bank Winner: JCB Excavators. Also shortlisted: R....
...Mike Farley, chief executive, said the large land bank justified the return to shareholders. “We currently have a 6.5 year land bank so it’s quite long in any event,” he said....
...Mr Jenkins, who has worked at Deutsche Bank and the Financial Services Authority will report to Mr Rolet and begin in 2012....
...Since the 1930s, accountants and bank regulators have recognized the inherent weaknesses of mark-to-market accounting....
...Still, Choose What You Read may face competition from an unlikely new quarter: last month, the Somerset village of Westbury-sub-Mendip made the news by transforming its defunct phone box (killed by the mobile...
...Persimmon has been trading since 1972, and operates under three main brands, Persimmon Homes, Charles Church and Westbury Partnerships....
...That the bank could be forced to make a further warning on profits for the full year, if these conditions persist, is almost a truism....
...Profits in the previous period were dented by £15.4m in exceptional reorganisation costs related to the company’s acquisition of Westbury in November 2005....
...But it was Persimmon’s purchase of Westbury in 2005 that brought the sector to the attention of outside investors. There has been a shift in perception....
...Proposed synergies of £45m by 2008-09 look modest compared with the amount Persimmon, another builder, sought to save in combining with Westbury last year....
...“Persimmon remains one of our preferred picks long term, given its scale and quality of land bank,” said Tessa Guy at Permura Gordon....
...Bovis has the most attractive land bank in the sector and Persimmon is thought to be on the lookout for deals having digested the acquisition of Westbury....
...The company said: “The Bank of England’s recent decision to implement a quarter point rise in interest rates, effectively reversing last August’s cut has had no tangible effect on our business or on visitor...
...TUESDAY ■Persimmon set the housebuilding sector alight with its bold acquisition of rival Westbury for £643m in January....
...The last deal of any size in the housebuilding sector, Persimmon’s purchase of Westbury, was at 1.2 times NAV. But McCarthy is not your average housebuilder....
...But it was not until Persimmon purchased Westbury Homes for £650m in 2005 that investors sat up and took notice....
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