Summary
Independent THE Financial Services Authority has gone into debt for the first time and has been told by directors to review its cash flow. The regulator has drawn on a Pounds 100 million credit agreement with Lloyds Banking Group and has concluded a further borrowing facility of Pounds 100 million with HSBC. The FSA spent Pounds 347 million in the past year, but raised only Pounds 324 million from fees and other revenues.
TEA as your grandparents would have drunk it is on its way to the UK for the first time in more than 100 years. Lost Malawi, a handcrafted pure black tea, will be on the shelves at Waitrose in November, exported from the first African single-estate tea grower. Henrietta Lovell, a former corporate finance expert, runs the Rare Tea Company, which imports the tea from Malawi.See the full content of this document
Extract
Sunday Papers
But Lost Malawi doesn't come cheap - Pounds 6.50 for 50g - as Ms Lovell wants to pay the farmers a fair price.
Obs...See the full content of this document
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