DOCSLIB.ORG

2013 Agms: Key Trends and Issues from a Review of 215 FTSE 350 Companies June 2013

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
2013 Agms: Key Trends and Issues from a Review of 215 FTSE 350 Companies June 2013 2013 AGMs: Key trends and issues from a review of 215 FTSE 350 companies June 2013 Statistics Commentary RESOLUTIONS Annual re-election of all directors 99% (213 companies) proposed annual re- 3% (7 companies) amended their articles to election of all directors reflect annual re-election Authority to allot shares: extra one 67% (144 companies) proposed a resolution This is similar to the results for 2012 third authority for the extra one third authority; 27% (57 companies) included a statement that where Under the UK Corporate Governance Code this extra one-third authority was used, the (Code) FTSE 350 directors should be subject directors would stand for re-election to annual election, so no longer necessary Any resolution to convene general 84% (181 companies) passed a resolution to NAPF recommends that companies should only meeting on 14 days’ notice convene a general meeting on 14 clear days’ call a general meeting on 14 clear days’ notice notice; 73% (158 companies) stated the in limited circumstances and these should be circumstances where meetings will be held on explained when tabling the resolution 14 clear days’ notice Details of any unusual resolution Resolutions proposed to approve an increase A few companies have increased this to in maximum aggregate fees payable to around £700,000 to allow them to appoint directors non-executive directors to the board Details of substantial vote (10-49%) 15% (33 companies) detailed substantial votes So far this year no FTSE 350 company has had against the directors’ remuneration against the directors’ remuneration report an outright defeat (4 did in 2012) report easyJet Plc – 44.71% Ocado’s remuneration report was given a “red Inmarsat plc – 35.76% top” alert by the ABI Jupiter Fund Management plc – 31.49% Synthomer plc – 31.11% The average vote against the re-election of Lonmin plc – 29.03% directors remains relatively unchanged which National Express Group – 28.48% suggests few members are challenging Millennium & Copthorne Hotels plc – 26.32% executive pay by opposing director re-election Balfour Beatty plc – 24.79% Towers Watson say of 35 FTSE 100 chief Ocado Group plc – 23.46% executives who have disclosed their salaries Hunting plc – 22.18% for 2013, 11 have frozen their pay and the Capital & Counties Properties plc – 22.03% median increase was 2.5% below inflation Rightmove plc – 21.88% Glencore International – 21.73% Persimmon plc – 21.72% Anglo American plc – 21% Reckitt Benckiser Group plc – 18.23% African Barrick Gold plc – 17.05% Taylor Wimpey plc – 16.34% Tullett Prebon plc – 16.13% G4S plc – 15.47% Reed Elsevier plc – 15.01% Fidessa group plc – 14.72% Intercontinental Hotel Group plc – 14.27% Centamin plc – 13.83% 888 Holdings – 13.38% Aviva plc – 13.26% Playtech Ltd – 12.04% A G Barr plc – 11.82% Aberdeen Asset Management plc – 11.41% Prudential plc – 11.6% HSBC Holdings – 11% Resolution Ltd – 10.47% Imperial Tobacco Group plc – 10.44% Details of any resolutions not passed Only 2% (4 companies) failed to pass Glencore International – resolutions approving resolution(s) the election of directors Kentz Corporation Ltd – resolution to approve changes to LTIP were withdrawn easyJet plc – resolution to approve disapplication of pre-emption rights and to call general meetings on 14 clear days’ notice Anglo American plc – resolution to approve the disapplication of pre-emption rights www.blplaw.com Page 01 © Berwin Leighton Paisner 2013 AGMs: Key trends and issues from a review of 215 FTSE 350 companies June 2013 Statistics Commentary REMUNERATION REPORTS Early compliance with the revised 53% (113 companies) have adopted elements For AGMs held in the first financial year on or reporting requirements for directors’ of the Government’s proposals early after 1 October 2013, companies will be remuneration required to produce a directors’ remuneration report containing a Policy Report on the future remuneration policy and an Implementation Report on the previous remuneration policy Some companies have chosen to split the report into two sections now but are seeking support for both as a single advisory resolution at the 2013 AGM Inclusion of a single pay figure for 62% (133 companies) have included a single The Implementation Report will need to each director pay figure for each director include a single figure of pay for each director reflecting actual pay earned CODE COMPLIANCE Explanation of non-compliance with 45% (97 companies) provided explanations of Non-compliance explanations include non- the Code non-compliance with the Code compliance with B.1.2 (half the board should comprise NEDs, excluding the chairman) to D.2.1 (composition of remuneration committees) Disclosure of board policy on 4% (9 companies) did not provide details of This was a new requirement under the Code diversity including gender their policy on diversity, including gender for financial years beginning on or after 1 October 2012 Board conducted performance 30% (65 companies) used a questionnaire Under the Code, the board should state how evaluation using a questionnaire only only for performance evaluation performance evaluation of the board and its committees have been conducted Board conducted performance 29% (63 companies) used interviews and evaluation using questionnaires and questionnaires for performance evaluation interviews with members of the board Board conducted performance 22% (47 companies) used interviews for evaluation using interviews with performance evaluation each board member only Board used external evaluators 62% (134 companies) have used external Under the Code, evaluation of the board evaluators (this covers the period from 2009 should be externally facilitated at least every to date) three years External audit to put out to tender in 4% (9 companies) put the external audit out Code Provision C.3.7 states that FTSE 350 current financial year to tender companies should put the external audit out to tender at least every ten years. This provision applies for financial years beginning on or after 1 October 2012 (2012 Code) Statement whether or not company 61% (132 companies) published a statement The FRC is encouraging companies to state, anticipates putting audit contract out on this when they first report against the 2012 Code, to tender and when whether or not they anticipate putting the contract out to tender in due course The findings set out above are based on factual information compiled by PLC What’s Market database This document provides a general overview only and is not intended to be comprehensive. Specific legal advice should always be sought in relation to the particular facts of a given situation. www.blplaw.com Page 02 © Berwin Leighton Paisner.
Load more

Recommended publications
  • Stelios Targets Easyjet's Finance Chief in Dispute
    Source: Daily Mail {Main} Edition: Country: UK Date: Tuesday 7, April 2020 Page: 72 Area: 311 sq. cm Circulation: ABC 1134184 Daily Ad data: page rate £32,508.00, scc rate £129.00 Phone: 020 7938 6000 Keyword: Stelios Haji-ioannou Stelios targets Easyjet’s finance chief in dispute tbt jt’ id it ld t k hit i Chi THE spat between Easyjet’s board and its colourful founder MARKET REPORT intensified as he lined up the air- line’s finance boss as his next tar- get in an attack on management. by Sir Stelios Haji-Ioannou wants Easyjet to cancel a £4.5bn order to Francesca buy 107 planes from Airbus as the firm struggles to stay afloat dur- Washtell ing the coronavirus pandemic. He claims Easyjet will run out of money by around August other- about its rapid expansion plans. wise, and has vowed not to put He has derided the planes on any more cash into the business order as ‘useless’ after Covid-19 unless it agrees to this demand. brought air travel to a virtual This has weight, considering he standstill, with Easyjet’s 344- and his family own more than a strong fleet already grounded. third of Easyjet’s shares. Easyjet insists one-off meetings Stelios heaped more pressure on to vote on directors would be ‘an management by calling on the unhelpful distraction’. company to remove finance chief Yesterday it said it has become Andrew Findlay, saying it would the first airline to secure a corona- be ‘the best way to stop him writ- virus loan from the Treasury and ing billion-pound cheques plus to Bank of England’s emergency Airbus every year’.
    [Show full text]
  • The Report from Passenger Transport Magazine
    MAKinG TRAVEL SiMpLe apps Wide variations in journey planners quality of apps four stars Moovit For the first time, we have researched which apps are currently Combined rating: 4.5 (785k ratings) Operator: Moovit available to public transport users and how highly they are rated Developer: Moovit App Global LtD Why can’t using public which have been consistent table-toppers in CityMApper transport be as easy as Transport Focus’s National Rail Passenger Combined rating: 4.5 (78.6k ratings) ordering pizza? Speaking Survey, have not transferred their passion for Operator: Citymapper at an event in Glasgow customer service to their respective apps. Developer: Citymapper Limited earlier this year (PT208), First UK Bus was also among the 18 four-star robert jack Louise Coward, the acting rated bus operator apps, ahead of rivals Arriva trAinLine Managing Editor head of insight at passenger (which has different apps for information and Combined rating: 4.5 (69.4k ratings) watchdog Transport Focus, revealed research m-tickets) and Stagecoach. The 11 highest Operator: trainline which showed that young people want an rated bus operator apps were all developed Developer: trainline experience that is as easy to navigate as the one by Bournemouth-based Passenger, with provided by other retailers. Blackpool Transport, Warrington’s Own Buses, three stars She explained: “Young people challenged Borders Buses and Nottingham City Transport us with things like, ‘if I want to order a pizza all possessing apps with a 4.8-star rating - a trAveLine SW or I want to go and see a film, all I need to result that exceeds the 4.7-star rating achieved Combined rating: 3.4 (218 ratings) do is get my phone out go into an app’ ..
    [Show full text]
  • Parker Review
    Ethnic Diversity Enriching Business Leadership An update report from The Parker Review Sir John Parker The Parker Review Committee 5 February 2020 Principal Sponsor Members of the Steering Committee Chair: Sir John Parker GBE, FREng Co-Chair: David Tyler Contents Members: Dr Doyin Atewologun Sanjay Bhandari Helen Mahy CBE Foreword by Sir John Parker 2 Sir Kenneth Olisa OBE Foreword by the Secretary of State 6 Trevor Phillips OBE Message from EY 8 Tom Shropshire Vision and Mission Statement 10 Yvonne Thompson CBE Professor Susan Vinnicombe CBE Current Profile of FTSE 350 Boards 14 Matthew Percival FRC/Cranfield Research on Ethnic Diversity Reporting 36 Arun Batra OBE Parker Review Recommendations 58 Bilal Raja Kirstie Wright Company Success Stories 62 Closing Word from Sir Jon Thompson 65 Observers Biographies 66 Sanu de Lima, Itiola Durojaiye, Katie Leinweber Appendix — The Directors’ Resource Toolkit 72 Department for Business, Energy & Industrial Strategy Thanks to our contributors during the year and to this report Oliver Cover Alex Diggins Neil Golborne Orla Pettigrew Sonam Patel Zaheer Ahmad MBE Rachel Sadka Simon Feeke Key advisors and contributors to this report: Simon Manterfield Dr Manjari Prashar Dr Fatima Tresh Latika Shah ® At the heart of our success lies the performance 2. Recognising the changes and growing talent of our many great companies, many of them listed pool of ethnically diverse candidates in our in the FTSE 100 and FTSE 250. There is no doubt home and overseas markets which will influence that one reason we have been able to punch recruitment patterns for years to come above our weight as a medium-sized country is the talent and inventiveness of our business leaders Whilst we have made great strides in bringing and our skilled people.
    [Show full text]
  • Non-Executive Chairman Appointment
    Non-Executive Chairman Appointment Released : 03/03/2021 07:00 RNS Number : 9313Q Playtech PLC 03 March 2021 Playtech plc ('Playtech' or the 'Company') Non-Executive Chairman Appointment Playtech is delighted to announce that Brian Mattingley has been selected as Non-Executive Chairman. Brian will succeed Claire Milne, who has served as Interim Chairman since May 2020. Brian will be stepping down as Chairman of 888 Holdings Plc and his appointment as Chairman of Playtech, and to the Board, will take effect on 1 June 2021. Brian brings considerable PLC Board experience to the role, as well as his extensive experience in the gambling and leisure industries. Brian first joined 888 Holdings in 2005 as a Non-Executive Director, before being appointed CEO in March 2012, and has been Non-Executive Chairman since March 2016. Prior to 888, Brian was CEO of Gala Regional Developments, and held senior roles with Gala Group, Ritz Bingo, Kingfisher Plc and Dee Corporation Plc. Claire Milne, Interim Chairman, commented: "In selecting the new Chair, we wanted to appoint an individual with significant online gambling experience and a track record of delivering high levels of corporate governance and stakeholder engagement in a highly regulated and fast- growing industry. Over the course of the last 30 years Brian has delivered strongly in these areas and has been at the forefront of the development of our industry. We are delighted that someone of Brian's calibre is joining the Board and look forward to benefitting from his experience to support our continued progress and growth." Brian Mattingley, Chairman Designate, commented: "I'm very pleased to be joining Playtech, at such an exciting time in the Company's development.
    [Show full text]
  • London to Norwich Direct Train
    London To Norwich Direct Train Kristos gurgles her incautiousness frontally, dree and patchier. Nightmarish Adnan usually calibrate some lurkers or sleet jawbreakingly. Weighted Stillman bade ministerially or bales harmonically when Wyatan is rhotic. East anglia is direct, there are implemented and can travel entry to change or parks on this car, no direct train to london norwich. How to Travel From London to Norwich by Train Bus TripSavvy. National Express runs a regular bus service between London Victoria Coach now and the Norwich Bus Station which leaves London at. Bus from London to Norwich Find schedules Compare prices Book Megabus National Express and National Express tickets. The cheapest train connections from London to Norwich. When creating an average northern advanced fare. Norwich is also elm hill and table service is definitely worth trying when it from your train to yorkshire and make significant damage to alcohol, london to norwich direct train! Click on a gift card pin. What is Norwich like about visit? Get cheap train tickets to Norwich with our split up search. The direct from london st pancras international partners sites selected are as nationalrail and direct train tickets between london liverpool street every kind of. Our London Sidcup Hotel is Located between London and Kent and just 100m from the Train them Free Wi-Fi Throughout Your content Book Direct. How it is regarded as a colourful excursion to norwich here when we cannot wait to ironically for all! Connect to new azuma trains from time limit fuel facility supplies renewable compressed natural habitats, so just under a button down.
    [Show full text]
  • Federal Register/Vol. 65, No. 127/Friday, June 30
    Federal Register / Vol. 65, No. 127 / Friday, June 30, 2000 / Notices 40721 Issued in Washington, DC on June 26, original equipment and replacement the 41 vehicle lines with a theft rate 2000. parts of high-theft lines of passenger higher than 3.5826, 35 are passenger car Eric Gabler, motor vehicles. lines, 6 are multipurpose passenger Manager, Passenger Facility Charge Branch. The agency is required by 49 U.S.C. vehicle lines, and none are light-duty [FR Doc. 00±16664 Filed 6±29±00; 8:45 am] 33104(b)(4) to periodically obtain, from truck lines. BILLING CODE 4910±13±M the most reliable source, accurate and On Tuesday, February 8, 2000, timely theft data and publish the data NHTSA published the preliminary theft for review and comment. To fulfill this rates for CY 1998 passenger motor DEPARTMENT OF TRANSPORTATION statutory mandate, NHTSA has vehicles in the Federal Register (65 FR published theft data annually beginning 6250). The agency tentatively ranked National Highway Traffic Safety with MYs 1983/84. Continuing to fulfill each of the MY 1998 vehicle lines in Administration the § 33104(b)(4) mandate, this descending order of theft rate. The document reports the final theft data for [Docket No. NHTSA±99±6586; Notice 02] public was requested to comment on the CY 1998, the most recent calendar year accuracy of the data and to provide final RIN 2127±AH76 for which data are available. production figures for individual In calculating the 1998 theft rates, vehicle lines. The agency received Final Theft Data; Motor Vehicle Theft NHTSA followed the same procedures it written comments from General Motors Prevention Standard used in calculating the MY 1997 theft Corporation (GM) and Volkswagen of rates.
    [Show full text]
  • First Student
    Business review First Student Year to 31 March 2020 2019 costs. We attribute this continuing retention success to our excellent safety track record Revenue $2,474.9m $2,424.9m and consistent focus on building sustained customer relationships over many years, Adjusted operating profit $205.9m $227.1m resulting in this year’s record-breaking willingness to recommend and satisfaction Adjusted scores, which saw fully 75% of our customers operating margin 8.3% 9.4% rating us nine or ten on a ten-point scale for overall satisfaction. Average number of employees 48,000 48,000 Our retention success was supplemented with organic growth, continuing conversions from Paul Osland First Student revenue was $2,474.9m or in-house to private provision and good net President, First Student £1,940.4m (2019: $2,424.9m or £1,845.9m), market share gains from our larger competitors, representing growth in constant currency in several cases at higher pricing than ■■ Sustainable and resilient of 2.2%. This comprised growth of 4.1% in proposed by the incumbent. returns from our market constant currency to the end of February We also continued to build out our ability 2020, benefiting from the pricing and contract leading multi-year contract to supplement growth and expand our wins we achieved in the summer 2019 bid portfolio in the home-to- addressable market via acquisitions in this season as well as from acquisitions made school market fragmented segment of the mobility services in the year. This was partially offset in March industry. Since the start of the financial year we ■■ Opportunities for organic when substantially all North American schools have closed three transactions adding a total had closed by the end of the month due to the and M&A-led growth, of 850 buses.
    [Show full text]
  • Databank Inside the City John Collingridge the Week in the Markets the Economy
    12 The Sunday Times February 4, 2018 BUSINESS Oliver Shah LETTERS Presidents Club’s all-male pensions. The former boss of Send your letters, including Imagine multiplying that in the present arrangements, number of people falling Rugby star has last laugh over ‘troll’ audience to bid for a course the Pension Protection Fund full name and address, across the country. Freeing with all the cost and waste asleep with a lit cigarette has of plastic surgery at a Harley (PPF), the industry-funded to: The Sunday Times, up time and resources by they create. declined and electrical Why was an England rugby “aggressive trolling” under Street clinic that lost him the lifeboat, is set to chair the 1 London Bridge Street, changing approach will have David Dunbar, Evesham, appliances have gained player tweeting about the the Twitter alias gig. He reportedly roared: investment committee at London SE1 9GF. Or email: a beneficial effect on patients Worcestershire moulded plugs. resignation of the chairman @havingalaugh3 — mainly “A boob job for the missus — the British Coal Staff [email protected] and waiting lists. Consequently, fire stations of the Association of criticism of his performances ten grand to get me started!” Superannuation Scheme. Letters may be edited Dr Ralph Rogers, consultant in David Smith let the NHS have been closed, retiring Mortgage Intermediaries last on the pitch, but also more Rubenstein, 61, stood orthopaedic and sports management off too lightly. firemen not replaced, and week? Even by trade body personal abuse. down from the PPF last medicine, Harley Street, “Excessively bureaucratic” existing firemen upskilled to standards, the AMI is a niche The rugby star said he Property boys month after an eight-year How to make the NHS London W1 may fairly describe the take on new activities.
    [Show full text]
  • Advanced Manufacturing and Engineering in the Midlands, UK 02 Advanced Manufacturing and Engineering in the Midlands, UK
    Advanced Manufacturing and Engineering in the Midlands, UK 02 Advanced manufacturing and engineering in the Midlands, UK Why the Midlands? The Midlands is one of the most dynamic areas in the UK. Located at the heart of a connected transport network, it has close proximity to London, and access to 75% of the UK within two hours. Home to over 10 million people and The home of Shakespeare, Robin Hood, 440,000 businesses, the region includes JRR Tolkien and Sir Isaac Newton is today the cities of Birmingham and Nottingham at the centre of plans for a new high-speed alongside Coventry, Derby, Hereford, rail network and an innovation hub for Leicester, Lincoln, Stoke-on- Trent, advanced manufacturing, automotive, Wolverhampton and Worcester. life sciences, digital technologies and rail technologies. Our local economy is worth more than £207bn, generating nearly 15% of the UK’s The region’s 20 universities support a Gross Value Added (GVA), and experiencing world-class science and innovation base growth of 18% over the last five years. making the region a global centre of We’re home to 27,500 businesses in excellence in areas such as advanced advanced manufacturing, employing manufacturing, engineering, low carbon 246,100. We export £43bn worth of goods and autonomous technologies, healthcare, to 178 countries, growing at a rate in excess life sciences and agri-food and drink. of the national rate. The Midlands is indeed The Midlands is home to some of the world’s an engine of growth at the heart of the UK. most globally recognised brands including Geographically, we are the cross roads Aston Martin, Bombardier, Cadbury, for much of Britain’s road, rail and airport Caterpillar, Cosworth, Dr Martens, EON, connectivity with access to 92% of UK Jaguar Land Rover, JCB, National Express population in under four hours.
    [Show full text]
  • Economic Commentary
    Quarterly Economic Commentary and Northern Bluebird. Of the two, Scottish Citylink provides almost twice as many services in terms of vehicle mileage. Cross-border services to English Economic towns and cities are operated solely by National Express. Neither of the operators are competing against each other on the same routes, indeed Stagecoach Western Scottish occasionally provide PERSPECTIVE coaches for duplicate services to Scottish Citylink. The method of operation for services in the industry is of interest. Scottish Citylink do not own, garage or maintain any of the coaches used on their routes. Instead they contract independent coach operators to SCOTTISH EXPRESS COACH SERVICES - run the services on their (Citylink's) behalf. In 1993 LOSS LEADERS AND ANTI-COMPETITIVE at the time of their merger with National Express PRACTICE Citylink had contracts with 14 operators. All of these were retained but recent additions to the by Colin Sinclair, Dept. of Economics, Glasgow network may have increased this number. These Caledonian University contracts are for specific and detailed schedules of services and are for a fixed price no matter how many passengers are carried. Most contracts are also INTRODUCTION short-term lasting for six months at a time, but occasionally longer contracts are awarded to cover Over the last 16 years, the Scottish express coach the provision of new vehicles. The contracts industry has undergone dramatic changes. generally ensure that vehicles operate in Citylink Legislation almost completely reversed the effects of livery and that the operator is responsible for all the 1930 Road Traffic Act and removed quantitative running costs, including drivers, insurance, fuel and controls in the industry.
    [Show full text]
  • Semi-Annual-Report-Lmf-Icvc.Pdf
    Interim Report and Unaudited Financial Statements Legg Mason Funds ICVC 31 August 2020 – (Long Form Version) Legg Mason Funds ICVC 0820 Interim Report and Financial Statements (unaudited) – (long form version) Table of Contents Report of the Authorised Corporate Director* 3 Economic and Market Overview 5 Statement of Authorised Corporate Director’s Responsibilities 6 12 Month Performance 7 Legg Mason Funds ICVC’s Fund Range 10 Accounting Policies 11 Legg Mason IF Brandywine Global Income Optimiser Fund 12 Legg Mason IF ClearBridge Global Equity Income Fund 23 Legg Mason IF ClearBridge Global Infrastructure Income Fund 32 Legg Mason IF ClearBridge US Equity Fund 47 Legg Mason IF ClearBridge US Equity Income Fund 53 Legg Mason IF Japan Equity Fund 62 Legg Mason IF Martin Currie Asia Pacific Fund 69 Legg Mason IF Martin Currie Asia Unconstrained Fund 75 Legg Mason IF Martin Currie Emerging Markets Fund 84 Legg Mason IF Martin Currie European Unconstrained Fund 91 Legg Mason IF Martin Currie Global Equity Income Fund 101 Legg Mason IF Martin Currie US Unconstrained Fund 111 Legg Mason IF QS Emerging Markets Equity Fund 118 Legg Mason IF QS UK Equity Fund 122 Legg Mason IF Royce US Smaller Companies Fund 128 Legg Mason IF Western Asset Global Multi Strategy Bond Fund 135 Legg Mason IF Western Asset Retirement Income Bond Fund 149 Portfolio Statements* 162 Investment Funds Information* 214 Investment Managers* 214 Glossary 215 * These reports with the addition of the fund review section of each sub-fund comprise the Authorised Corporate Director’s Report. 2 Legg Mason Funds ICVC 0820 Interim Report and Financial Statements (unaudited) – (long form version) Report of the Authorised Corporate Director Legg Mason Investment Funds Limited, the authorised corporate director (the “ACD”) of Legg Mason Funds ICVC (the “Company”) is pleased to present the Interim Report & Financial Statements for the Company for the half year ended 31 August 2020.
    [Show full text]
  • DATABANK INSIDE the CITY SABAH MEDDINGS the WEEK in the MARKETS the ECONOMY Consumer Prices Index Current Rate Prev
    12 The Sunday Times February 3, 2019 BUSINESS Andrew Lynch LETTERS Send your letters, including non-urgent and wholly for them. And as “poverty” in Dyson’s move east flusters East I’m sorry I’ll For those in peril SIGNALS full name and address, avoidable problem. To this country is relative, unless AND NOISE . to: The Sunday Times, comply with the HMRC we all get paid the same there For the chief executive of West of England in Bristol read that again in Swansea 1 London Bridge Street, change I will have to invest in will always be poverty Rolls-Royce, last week might last week. It’s never easy to be on top And finally, an everyday London SE1 9GF. Or email a software bolt-on for my new (although the term insults the have seemed a perfect “Having signed up to do form in the early hours of a story of City folk travelling [email protected] accounting suite, costing £150 world’s genuine poor). moment to declare that this talk, imagine my horror dark winter’s morning. on God’s Wonderful Railway. Letters may be edited a month, every month — However, the UK could be “the UK can be a natural when I realised the timing of In the grand tradition of A City slicker, whom I can there is no purchase option. heading to true equality of home for global the announcement,” Radio 4 Today’s presenters, identify only as Maurice, Brexit is bad enough, but a What narrow, inward- income. No, not because of engineering and technology squirmed the church-organ- business correspondent recently took the last train VAT shake-up too? Absurd looking decision-making Comrade Corbyn — but when champions”.
    [Show full text]