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.... The economy is about £300bn smaller than would be expected if the crash had not happened. Remember the recession was caused by the financial sector’s innovations – the excessive leverage; the perverse incentives; the fraudulent promotion of risky products as safe – and its promotion that greed was the ultimate good. ... [Read full article on Guardian ]
Sunday 16th of July 2017 06:59:34 PM
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.... Why does it need a 17% stake in Debenhams, for example?. The argument that the holding provides leverage to obtain square footage in the department stores is laughable. ... [Read full article on Guardian ]
Thursday 20th of July 2017 06:48:36 PM
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Latest Finance News related to Leverage

The promise of a new era at Sports Direct must also mean new personnel image
Source : Guardian [Read Article] Thursday 20th of July 2017 06:48:36 PM
.... Why does it need a 17% stake in Debenhams, for example?. The argument that the holding provides leverage to obtain square footage in the department stores is laughable. ...
The Guardian view on the 1%: all gain, no pain | Editorial image
Source : Guardian [Read Article] Sunday 16th of July 2017 06:59:34 PM
.... The economy is about £300bn smaller than would be expected if the crash had not happened. Remember the recession was caused by the financial sector’s innovations – the excessive leverage; the perverse incentives; the fraudulent promotion of risky products as safe – and its promotion that greed was the ultimate good. ...
Rupert Murdoch ‘could use Sky data trove for political ends’ image
Source : Guardian [Read Article] Saturday 15th of July 2017 09:00:03 PM
....But the safety and security of that data is threatened, the letter says, if “passed into foreign control”. It warns that should it “fall into the hands of an owner with an appetite for political leverage, the temptations and opportunities for misuse become very great indeed”. ...
Alibaba reveals Echo-like smart speaker image
Source : BBC [Read Article] Wednesday 5th of July 2017 04:05:12 PM
...."But one thing we need to remember is it's early days for this category, and there remain questions of consumer trust in using the digital assistants to buy goods, on a smartphone or smart home speaker device. "By that, I mean both the security of the transaction and privacy concerns about how personal data is leveraged and shared. ...
IMF warns G20 over protectionism in veiled criticism of Trump image
Source : Guardian [Read Article] Wednesday 5th of July 2017 03:38:20 PM
.... Theresa May is expected to arrive at the summit on Friday. In a blogpost to accompany the IMF report, the body’s managing director, Christine Lagarde, said: “Countries need to look for ways to guard against risk, accelerate growth, and leverage the power of international cooperation. ...
We have fixed issues that caused financial crisis, says Mark Carney image
.... A decade on, the largest banks have raised more than $1. 5tn of capital, and all major internationally active banks meet minimum risk-based capital and leverage ratio requirements well in advance of the deadline. ...
More than a fifth of WPP investors reject Sorrell’s £48m pay package image
Source : Guardian [Read Article] Wednesday 7th of June 2017 11:58:17 AM
....“We feel able to give qualified support to the proposed new remuneration policy,” said Christoph-Hirt. “Although we do remain uncomfortable with the plan’s leverage and therefore the opportunity for high pay. ...
UK house prices rise for first time in five months image
Source : Guardian [Read Article] Wednesday 7th of June 2017 08:54:02 AM
....5% increase reported by Halifax in 2016. “While the days of rapid house price growth fuelled by sharp increases in leverage are over, we still see scope for prices to edge up over the rest of 2017,” said Samuel Tombs, the chief UK economist at Pantheon Macroeconomics. ...
European commission will set out plan to tackle air traffic control strikes image
....While the EU move will be welcomed by airlines, the commission is known to have doubts over its ability to resolve an issue that has infuriated airlines. Although technically other controllers could navigate French airspace, it would require France ceding some sovereignty, as well as unions giving up the leverage of the ability to quickly cause international disruption. ...
The global economy can recover faster if we avoid the obvious pifalls | Nouriel Roubini image
.... China has resorted to a fresh round of credit-fuelled fixed investment to stabilise its growth rate. That means it will have to deal with more toxic assets, debt, leverage, and overcapacity in the medium term. ...
NatWest CLEARSPEND APP gives growing firms instant spending and budget insights image
.... . “We have a dedicated innovation team which leverages resources and capability from across the bank and external communities to help us develop new products and services. ...
China risks another downgrade if debt bubble not fixed, says Moody's image
....China may no longer get an A1 rating if there were signs that debt was growing at a pace that exceeded Moody’s expectations, Li Xiujun, vice president of credit strategy and standards at the ratings agency, said in a webcast with his colleague Marie Diron. “If in the future China’s structural reforms can prevent its leverage from rising more effectively without increasing risks in the banking and shadow banking sector, then it will have a positive impact on China’s rating,” Li said. ...
Is M&S being radical enough as it slips out of fashion? | Nils Pratley image
Source : Guardian [Read Article] Wednesday 24th of May 2017 01:40:53 PM
....The bidder might equally argue that Berendsen is full of jam-tomorrow tales, the biggest of which is the claimed 15% returns from a three-year £300m investment in new facilities. That criticism would be fair – but so is the objection that Elis would be piling on financial leverage in a cross-border deal many times larger than it has attempted in the past. ...
China's credit rating downgraded amid fears over slowing economy image
Source : Guardian [Read Article] Wednesday 24th of May 2017 12:48:29 PM
....Moody’s expects government debt to rise to 40% of GDP by the end of 2018, and to 45% by 2020. Luc Froehlich, head of investment directing for Asian fixed income at Fidelity International, said China was facing a number of issues: “The downgrade is yet another sign of the challenges faced by China, which is juggling rising leverage, declining economic growth rates and ongoing structural reforms. ...
British shoppers go on spring spree – but the outlook may be chillier | Larry Elliott image
.... But lenders that are charging what are effectively rip-off mortgage rates have received more than £100bn in cut-price funding from the Bank of England in recent years. That provides the government with considerable leverage. ...
Samsung Pay launches in UK to take on Apple Pay and Google Android Pay image
....”. Samsung is attempting to leverage the company’s secure smartphone system called Knox, which it says is the most secure mobile security platform available and is used by governments including the UK. ...
US hails China trade deal as sign relations are 'hitting a new high' image
....Christopher Balding, a Peking University finance professor, described the deal as a “positive stepping stone” towards better US-China ties. Balding said the agreement showed how Trump’s pre-election China-bashing had given him some “leverage” over Beijing and highlighted his focus on economic issues. ...
UK house prices in first quarterly fall since 2012 image
Source : BBC [Read Article] Monday 8th of May 2017 08:36:14 AM
.... In addition, competition among lenders will continue to drive down mortgage rates this year, boosting the size of loans that some households can afford," he said. However, the Bank of England's loan-to-income ratio rule introduced in 2014 would prevent leverage rising significantly further, the economist added. ...
Hanging up the microphone image
Source : BBC [Read Article] Sunday 7th of May 2017 11:23:22 PM
....Musicology professor Mark Samples from Central Washington University says that Rogers is a great example of a "star 20th Century performer" who was able to diversify his business interests "beyond just playing music". "He leveraged his musical brand as a down-to-earth, world-wise, straight-talker into multiple successful film characters, and even a chain of fast food restaurants. ...
Google Docs users hit by phishing scam image
Source : BBC [Read Article] Wednesday 3rd of May 2017 10:11:39 PM
.... . This is because the hackers bypassed the need to steal people's login credentials and instead built a third-party app that leveraged Google processes to gain account access. ...
Wealthy feel pinch of housing costs as one in four Australians face mortgage stress image
....“The reason is they’ve bought significantly large mortgages to buy a unit, modified or brand new. “They’ve got bigger incomes than average but essentially they are highly leveraged so they have little wiggle room and of course any incremental rate rise, because they’ve got such big mortgages, slugs them pretty heavily. ...
Credit Suisse plans £3bn fundraising to boost capital image
Source : BBC [Read Article] Wednesday 26th of April 2017 06:27:10 AM
.... . Raising the new money will increase its tier-one leverage ratio - how much capital it has to absorb losses from lending as a percentage of its total lending - to about 5. ...
General Motors loses Supreme Court appeal over car faults image
Source : BBC [Read Article] Monday 24th of April 2017 09:06:53 PM
....If the complainants had been at the table, the outcome might have been different, given how many stakeholders were involved, it found. "While we cannot say with any certainty that the outcome would have been different, we can say that the business circumstances at the time were such that plaintiffs could have had some negotiating leverage, and the opportunity to participate in the proceedings would have been meaningful," they wrote. ...
Could the IMF's 'world currency' help encourage global unity? | Mohamed El-Erian image
....Areas of focus would include using the SDR for some bond issuance and trade transactions, developing market infrastructure (including payments and settlement mechanisms), improving valuation methodologies and gradually developing a yield curve for SDR-denominated loans and bonds. This would also help to leverage the inter-connectedness of the SDR’s roles, in order to reach critical mass quickly and have a foundation for further incremental gains. ...
HS2 is on its way but bid troubles and snap election could still derail project image
....”. A critical report by cabinet secretary Sir Jeremy Heywood in 2016, yet to be made public, could give leverage for a future U-turn, she believes, while the reality of construction could yet galvanise people. ...
US senator presses Deutsche Bank for details of Trump loans image
Source : Guardian [Read Article] Wednesday 12th of April 2017 04:29:14 PM
....Germany’s biggest bank is coming under pressure from a US senator to give further details of its lending to Donald Trump and meetings it has had with the administration. Chris Van Hollen has written to Deutsche Bank asking for assurances that it will not use the president’s outstanding multimillion-dollar loans as “leverage”. ...
Unilever bins Flora – but butters up its shareholders | Nils Pratley image
Source : Guardian [Read Article] Thursday 6th of April 2017 06:21:41 PM
....Indeed, it can afford to carry another €10bn of debt, on top of the current €12bn. Previous reluctance reflected admirable conservatism but if the louder shareholders want more financial leverage the board can grant their wishes without imperilling the credit rating. ...
Will populist leaders stifle the global recovery – or vice versa? image
Source : Guardian [Read Article] Tuesday 4th of April 2017 03:32:12 PM
.... As Carmen Reinhart and I predicted a decade ago (and as numerous other scholars have since corroborated using our data), periods of six to eight years of very slow growth are not at all unusual in such circumstances. True, many problems remain, including weak banks in Europe, over-leveraged local governments in China and needlessly complicated financial regulation in the United States. ...
Google's bad week: YouTube loses millions as advertising row reaches US image
Source : Guardian [Read Article] Saturday 25th of March 2017 10:00:06 AM
....The more powerful they become at the expense of traditional media companies, the harder it has become for advertisers to negotiate favourable terms. The current YouTube boycott offers some leverage for demanding better, independently verified data and controls. ...
Brexit could damage UK's fight against corruption, says OECD image
Source : Guardian [Read Article] Thursday 23rd of March 2017 10:07:05 AM
. Brexit could damage the UK’s efforts to tackle corruption and give multinationals leverage over the British government in bribery cases, the Organisation for Economic Co-operation and Development has warned. ...
Investors urge Dulux owner to hold takeover talks image
Source : BBC [Read Article] Wednesday 22nd of March 2017 10:10:12 AM
....On Monday, four provincial governors spoke out against an Akzo takeover, saying it would hurt Dutch jobs. Akzo said the latest PPG proposal did not address its initial concerns, which included the valuation, risks that the deal might not be accepted by regulators, the leverage of the merged company, and job losses. ...
Trouble on the ranch image
Source : BBC [Read Article] Wednesday 22nd of March 2017 12:01:57 AM
....Mr Miller is unshaken by this prospect, though. He acknowledges that US farmers produce more than the country can consume - including beef - but sees this as giving the US leverage over other trading partners. ...
VW and Tata agree partnership to boost sales in India image
Source : BBC [Read Article] Friday 10th of March 2017 12:27:03 PM
.... . He said: "We strongly believe that both the companies, by working together, can leverage from each other's strengths to create synergies and develop smart innovative solutions for the Indian and overseas market. ...
BT chief attacks rampant price rises for TV sports rights image
Source : Guardian [Read Article] Thursday 2nd of March 2017 02:48:02 PM
.... “Rightsholders dictate terms of how they are going to auction or licence their product. It is not a question of leverage and muscle. ...
Trump promises 'aggressive' action on trade to protect US image
Source : BBC [Read Article] Thursday 2nd of March 2017 02:08:52 PM
.... . In a new report to Congress, the administration promises to use "all possible leverage" to encourage other countries to give US producers fair reciprocal access to their markets. ...
Vast losses at RBS are a legacy of a failed system | Will Hutton image
Source : Guardian [Read Article] Sunday 26th of February 2017 12:05:15 AM
.... Last week, post the bid, Unilever announced it would do just that. People at large know these issues are fundamental, but business and finance seem distant, difficult-to-understand worlds over which nobody, let alone governments, seem to have much leverage. ...
Education publisher Pearson reports biggest loss in its history image
Source : Guardian [Read Article] Friday 24th of February 2017 08:17:21 AM
....Investors had been prepared for the poor annual results and Pearson’s share price dropped by less than 2% in early trading. The main concern for many had been the financial leverage of the group as profits fell and net debt rose. ...
Theresa May must take £115bn hint from Kraft Heinz's failed Unilever bid image
Source : Guardian [Read Article] Monday 20th of February 2017 07:33:19 PM
.... Unilever is prepared to be held to account by outsiders in a manner than would be hard to imagine under Kraft Heinz’s ownership. The only certainties in a takeover would have been heavy job losses and higher levels of financial leverage. ...
How Unilever foiled Kraft Heinz's £115bn takeover bid image
Source : Guardian [Read Article] Monday 20th of February 2017 07:15:00 PM
....Kraft’s offer was made partly in shares but mostly in cash, about £70bn, a sum that would have been funded by debt. This heavily-leveraged business model would have dragged down Unilever’s credit rating, leaving the combined company laden with a huge debt pile incurring substantial repayment costs. ...
Vauxhall's future in UK is secure, says business secretary image
Source : Guardian [Read Article] Thursday 16th of February 2017 03:35:55 PM
.... Such discussions are ongoing. “While there can be no assurance of any agreement, any possible transaction would enable PSA Groupe and Opel Vauxhall to leverage their complementary strengths, enhancing their competitive positions for the future in a rapidly changing European market. ...
Trump presidency poses threat to global economy, warns Fitch image
Source : Guardian [Read Article] Friday 10th of February 2017 04:37:52 PM
....It joined other commentators in predicting a possible boost to economic growth from Trump’s planned infrastructure spending, his plans to cut red tape and promised tax cuts. Outlining a brighter scenario, Fitch said: “One interpretation of current events is that, after an early flurry of disruptive change to establish a fundamental reorientation of policy direction and intent, the administration will settle in, embracing a consistent business- and trade-friendly framework that leverages these aspects of its economic programme, with favourable international spillovers. ...
UK economy is overheating and veering towards stagflation image
Source : Guardian [Read Article] Monday 16th of January 2017 07:00:17 AM
.... Although the public is rightly annoyed by the huge inconveniences that strikes can cause, if they take place alongside a palpable rise in the cost of living then striking workers may find some public compassion. The government may thus find that it has less political leverage to de-escalate and settle strikes on its preferred terms. ...
Sterling skids to three-month low on hard Brexit concerns image
Source : Guardian [Read Article] Monday 16th of January 2017 04:58:07 AM
....With May expected to trigger article 50 by the end of March, which will start formal EU separation proceedings, the battle lines are already being drawn. British finance minister Philip Hammond also gave a thinly veiled warning in a German newspaper interview at the weekend that the UK could use corporate tax as a form of leverage in Brexit negotiations. ...
Apple is not the only tech company kowtowing to China’s censors | Melissa Chan image
.... In China, where the rule of law is weak, it means a much tougher environment and far fewer options when the company disagrees with government decisions. The situation is complicated by the tremendous leverage the Chinese government has over Apple. ...
Banking standards: treacherous political waters lie ahead image
Source : Guardian [Read Article] Wednesday 28th of December 2016 09:21:01 AM
....Making America great again is not likely to involve new enthusiasm for more intrusive rules made in Basel. Those who advocate rolling back much of the 2010 Dodd-Frank financial-reform legislation, in favour of a higher leverage ratio, as promoted in a bill advanced by Representative Jeb Hensarling, envisage a “Made in the USA” version of banking regulation. ...
Lockheed-Martin stock takes second hit from Trump's Twitter blitz on F-35 costs image
.... Trump told reporters he wanted to cut the F-35 program’s costs. Trump’s jockeying for leverage via his Twitter account is likely to be a hurdle for all US defense contractors, Roman Schweizer, aerospace and defense analyst at Cowen & Co, wrote in a client note on Thursday. ...
Christmas of Discontent image
Source : BBC [Read Article] Friday 16th of December 2016 12:40:39 AM
....When it comes to Christmas walkouts, unions have to weigh the risk of negative publicity against the stronger bargaining position, particularly in sectors like travel and mail delivery where people rely on them more than usual. With the Argos delivery drivers, the threat of strikes helped secure a pay deal - an example of the leverage trade unions can hold in the festive period. ...
Eurozone ministers won't budge an inch on Greek finance measures image
Source : Guardian [Read Article] Wednesday 14th of December 2016 08:12:30 PM
.... McIntosh has enjoyed success on many fronts over many years, but being a pioneer of the pubco model was not his finest hour. He might argue that he left Punch soon after flotation in 2002 and that the high-leverage formula only became dangerous when successors pushed it too hard. ...
UK naive to expect easy ride in Brexit trade talks, says Lords report image
Source : Guardian [Read Article] Tuesday 13th of December 2016 12:01:41 AM
....“There will be much more severe restrictions in certain sectors, primarily agriculture, than we face at the moment as a member of the single market,” said Richard Eglin, a senior trade advisor with the law firm White and Case. “While the UK could unilaterally decide to lower its tariffs on agricultural goods, this could complicate the process of agreement to its schedules and reduce its leverage in future FTA negotiations, as the UK would be less able to offer preferential terms to other countries,” explained the report. ...
Mulberry slips into red but sales grow image
Source : Guardian [Read Article] Thursday 8th of December 2016 09:12:29 AM
....Aside from handbags, Mulberry is investing in shoes and ready-to-wear products. Honor Strachan, lead analyst at consultancy Verdict Retail, said the new collection appealed a “new, younger shopper demanding more on-trend innovative pieces but with the craftsmanship and quality credentials that the brand continues to leverage and showcase”. ...
Spread betting firms end winning run as FCA clamps down image
Source : Guardian [Read Article] Tuesday 6th of December 2016 07:14:57 PM
.... The firms didn’t squeal that a heavy-handed regulator is treading on ground it doesn’t understand. They didn’t protest that their clients are all financial sophisticates who have a deep appreciation of the perils that can lurk within leveraged products like contracts for difference. ...
What is financial spread betting and why do most people lose at it? image
Source : Guardian [Read Article] Tuesday 6th of December 2016 04:01:53 PM
....How can you lose more than you stake?. This is because spread betting is a leveraged product: you borrow money to make larger bets than you could otherwise afford. ...
The idiot's guide to spread betting image
Source : BBC [Read Article] Tuesday 6th of December 2016 01:45:40 PM
....But the FCA thinks these warnings are not good enough. It says: "Firms often failed to clearly set out the high-risk, leveraged and OTC (over the counter) nature of these products. ...
Spread-betting industry loses £1bn after City watchdog steps in image
Source : Guardian [Read Article] Tuesday 6th of December 2016 09:31:02 AM
.... Customers can increase the size of their trades by putting down a small amount of capital to maximise potential gains and losses. A leverage ratio of 100:1 lets someone take a £10,000 position with a £100 deposit. ...
China's property frenzy and surging debt raises red flag for economy image
Source : Guardian [Read Article] Sunday 27th of November 2016 06:52:01 AM
....Combined with a rise in peer-to-peer lending, with over 550 billion yuan borrowed in the third quarter of 2016, the risks of speculative investment have risen, S&P Global Ratings said. Some analysts argue that China is well positioned to manage these risks, and has plenty of room to take on more leverage as families still save twice as much as they borrow, with some 58 trillion yuan in household deposits, according to Oxford Economics. ...
Skyscanner sold to China travel firm Ctrip in £1.4bn deal image
Source : BBC [Read Article] Thursday 24th of November 2016 03:34:38 AM
.... . "Skyscanner will complement our positioning at a global scale and Ctrip will leverage our experience, technology and booking capabilities to Skyscanner's," he added. ...
Morrisons to revive Safeway brand name image
Source : BBC [Read Article] Tuesday 22nd of November 2016 01:44:18 PM
....The move comes just a year after the supermarket group sold its struggling 140-strong convenience store chain, M Local. Announcing the new strategy, which it said would be "capital light", the company said: "The re-introduction of the Safeway brand will enable Morrisons to leverage its sourcing and unique food maker skills to give independent retailers' customers access to great quality products. ...
Devolution lessons image
Source : BBC [Read Article] Tuesday 22nd of November 2016 07:06:23 AM
.... . Ever since the Brexit vote, in which most Londoners voted to remain in the European Union, Sadiq Khan has been using that disconnect with the rest of the UK and concern over London's economic future as leverage to push for more powers for the capital in areas such as fiscal devolution and skills. ...
Autumn Statement: UK economy must be watertight, says Hammond image
Source : BBC [Read Article] Sunday 20th of November 2016 10:50:30 AM
....Mr McDonnell said the government was "going back to giveaways and gimmicks", and re-announcing "press releases we've had already". Labour, he said, would invest an extra £500bn in the economy over 10 years to boost economic growth by 1-2%, half of which would be leveraged from the private sector through a national investment bank. ...
The Big Short: is the next financial crisis on its way? image
Source : Guardian [Read Article] Saturday 19th of November 2016 07:00:01 AM
Barcelona signs sponsorship deal with Rakuten image
Source : BBC [Read Article] Wednesday 16th of November 2016 06:52:02 PM
....So this is clearly an effort to raise Rakuten's profile globally, associating itself with the famous red and blue stripes and players like Lionel Messi and Neymar. Interestingly Rakuten announced in June that it was closing down its Spanish and UK operations to focus on other European markets - so it'll be interesting to see how it leverages the deal to make sure the sponsorship is money well spent. ...
Would you do your banking with a tech startup? image
Source : Guardian [Read Article] Wednesday 19th of October 2016 08:53:58 AM
.... Now, advertisers pay less to advertise more effectively, customers get more relevant ads – and Google and Facebook make billions. Blomfield also wants Monzo to become the first bank to fully leverage the network effect of the internet: the characteristic, shared by sites like Facebook and technologies like the telephone, which means they become more useful the more people use them. ...
Shipping giant Maersk to split up and focus on North Sea image
Source : BBC [Read Article] Thursday 22nd of September 2016 02:27:53 PM
.... Profits in that division have recently come in well below expectations. The company's strategy states: "Maersk Oil will adjust its current strategy to focus its portfolio in fewer geographies to gain scale in basins, particularly in the North Sea, where it can leverage its strong capabilities within subsurface modelling, well technology and efficient operations. ...
iPhone 7, Airpods and courage: the internet reacts image
Source : BBC [Read Article] Thursday 8th of September 2016 01:40:21 AM
....Techcrunch. Removing the headphone jack from the iPhone is not an act of courage, it's an act of leverage. ...
Gawker case: Thiel is 'serious threat' to press freedom image
Source : BBC [Read Article] Tuesday 16th of August 2016 05:31:12 PM
.... . He said that Mr Thiel's campaign was "nothing different to governments using legal or economic leverage to shut down a media that happens to displease them". ...
William Hill in gambling takeover spat with Rank and 888 image
Source : BBC [Read Article] Thursday 11th of August 2016 11:27:19 AM
....In addition, it said there was "substantial risk for William Hill shareholders in the achievement of the estimated future cost synergies, which are only expected to be achieved in full by the end of 2020". And it said it would leave the combined group operating with "substantially increased leverage of approximately £2. ...
William Hill rejects Rank and 888's £3.16bn bid image
Source : BBC [Read Article] Tuesday 9th of August 2016 03:28:17 PM
....2bn in debt. He said: "It is a very complex three-way combination at a low premium involving substantial risk for William Hill shareholders: execution risk, integration risk and risks of materially increased leverage. ...

Erdogan praises 'dear friend' Vladimir Putin in Russian-Turkish detente
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Source : Telegraph [Read Article] Tuesday 9th of August 2016 12:21:04 PM
.... . In an apparent attempt to leverage the restoration of relations with Russia, one Turkish official warned that relations with the United States could suffer if the US does not extradite Fethullah Gülen, the Pennsylvania-based preacher who Ankara blames for inspiring the coup. ...

Hillary Clinton will reset Syria policy against 'murderous' Assad regime
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.... It is a strategy that has been passionately opposed by Damascus, which sees this is a safe haven for rebel opposition groups. "This creates leverage and momentum for a diplomatic solution that removes Assad and brings Syria’s communities together to fight ISIS," the policy on Mrs Clinton's website reads. ...

It will be hard, but Owen Smith can beat Jeremy Corbyn and save Labour
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Source : Telegraph [Read Article] Thursday 28th of July 2016 07:49:39 AM
....com/BVJ4Xm7DNr. First, he must leverage his strength within the Parliamentary Labour Party (PLP). ...

Lord Ashdown launches new political movement to stop British politics being 'dragged away to the extremes'
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....Speaking on the BBC’s Andrew Marr show, he said: “There are hundreds of thousands, potentially millions of people out there who hate seeing our country dragged away to the extremes. “This movement gives voice to the voiceless who want to hold this country in the centre and gives them the financial and manpower ability, leverage to make sure they get their way with candidates selected from any party. ...
Shaving start-up firm bought by Unilever image
Source : BBC [Read Article] Wednesday 20th of July 2016 08:17:48 AM
....Unilever already has a foot in the male grooming market with the Axe brand, known as Lynx in the UK. "We plan to leverage the global strength of Unilever to support Dollar Shave Club in achieving its full potential in terms of offering and reach," said Kees Kruythoff, president of Unilever North America. ...

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