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Christian And Nick Candy
Nicholas Anthony Christopher Candy (born 23 January 1973) is a British luxury property developer and politician, who has been the treasurer of Reform UK since December 2024. He was estimated to share a joint net worth of £1.5 billion in the ''Estates Gazette'' rich list 2010 along with his brother Christian Candy, placing them at position 52 in the list of the richest property developers in the United Kingdom. Early life and education Born in London to a Greek-Cypriot mother and English father, he was privately educated at Priory Preparatory School and Epsom College in Surrey. He graduated from the University of Reading with a degree in human geography. Business career In 1995, he bought his first property along with his brother Christian Candy, a one-bedroom flat in Redcliffe Square, Earl's Court, London. Using a £6,000 loan from their grandmother, the brothers renovated the £122,000 apartment while living in it. Eighteen months later they sold it for £172,000, makin ...
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Reform UK
Reform UK is a right-wing populist political party in the United Kingdom. Nigel Farage has been Leader of Reform UK and Richard Tice deputy leader since 2024. It has five members of Parliament (MPs) in the House of Commons and one member of the London Assembly. It also controls twelve local councils. Farage's resumption of the leadership before the 2024 general election led to a sharp increase in support for it and it won the third-largest share of the popular vote, with 14.3 per cent. Founded in 2018 as the Brexit Party, advocating a no-deal Brexit, it won the most seats at the 2019 European Parliament election in the UK, but did not win any seats at the 2019 general election. The UK withdrew from the European Union (EU) in January 2020. In January 2021, the party was renamed Reform UK. During the COVID-19 pandemic it advocated against further lockdowns. Since 2022 it has campaigned on a broader platform, pledging to limit immigration, reduce taxation and opposin ...
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Merrill Lynch
Merrill Lynch, Pierce, Fenner & Smith Incorporated, doing business as Merrill, and previously branded Merrill Lynch, is an American investment management and wealth management division of Bank of America. Along with BofA Securities, the investment banking arm, both firms engage in prime brokerage and broker-dealer activities. The firm is headquartered in New York City, and once occupied the entire 34 stories of 250 Vesey Street, part of the Brookfield Place (New York City), Brookfield Place complex in Manhattan. Merrill employs over 14,000 financial advisors and manages $2.8 trillion in client assets ($3.4 trillion for Global Wealth and Investment Management). The company also operates Merrill Edge, a division for investment and related services, including call center counsultancy. Prior to 2009, the company was publicly owned and traded on the New York Stock Exchange. Merrill Lynch & Co. agreed to be acquired by Bank of America on September 14, 2008, at the height of the 2008 f ...
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Credit Risk
Credit risk is the chance that a borrower does not repay a loan In finance, a loan is the tender of money by one party to another with an agreement to pay it back. The recipient, or borrower, incurs a debt and is usually required to pay interest for the use of the money. The document evidencing the deb ... or fulfill a loan obligation. For lenders the risk includes late or lost interest and principal payment, leading to disrupted cash flows and increased collection costs. The loss may be complete or partial. In an efficient market, higher levels of credit risk will be associated with higher borrowing costs. Because of this, measures of borrowing costs such as yield spreads can be used to infer credit risk levels based on assessments by market participants. Losses can arise in a number of circumstances, for example: * A consumer may fail to make a payment due on a mortgage loan, credit card, line of credit, or other loan. * A company is unable to repay asset- ...
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Freezing Order
Freezing is a phase transition in which a liquid turns into a solid when its temperature is lowered below its freezing point. For most substances, the melting and freezing points are the same temperature; however, certain substances possess differing solid-liquid transition temperatures. For example, agar displays a hysteresis in its melting point and freezing point. It melts at and solidifies from . Crystallization Most liquids freeze by crystallization, formation of crystalline solid from the uniform liquid. This is a first-order thermodynamic phase transition, which means that as long as solid and liquid coexist, the temperature of the whole system remains very nearly equal to the melting point due to the slow removal of heat when in contact with air, which is a poor heat conductor. Because of the latent heat of fusion, the freezing is greatly slowed and the temperature will not drop anymore once the freezing starts but will continue dropping once it finishes. Crystalliza ...
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AudioBoom
AudioBoom PLC is an on-demand audio and podcasting distribution platform. AudioBoom offers business-to-business services to the radio, media and podcast industries. AudioBoom's platform has been used to power on-demand audio for businesses including BBC, The Spectator Associated Press, NBC Sports, Yahoo!, Yahoo!, Cumulus Media and Westwood One (current), Westwood One. The company is based in London with offices in New York. It became Alternative Investment Market, AIM-listed on the London Stock Exchange in 2014 as Audioboom Group Limited (AIM: BOOM). History The company was founded in 2009 by Mark Rock, a former co-founder of PlayJam, as Audioboo Limited, with funding from 4iP, Channel Four Television Corporation, Channel 4's technology innovation fund. The initial product was a "social sound sharing platform", a free iPhone app and website that allowed users to share audio clips up to five minutes long. Early high-profile users included Stephen Fry, Chris Moyles, the British L ...
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LVMH
LVMH Moët Hennessy Louis Vuitton SE (), commonly known as LVMH, is a French multinational holding company and conglomerate that specializes in luxury goods and has its headquarters in Paris, France. The company was formed in 1987 through the merger of fashion house Louis Vuitton (founded in 1854) with Moët Hennessy, which had been established by the 1971 merger between the champagne producer Moët & Chandon (founded in 1743) and the cognac producer Hennessy (founded in 1765). In April 2023, LVMH became the first European company to surpass a valuation of $500 billion. In 2023, the company was ranked 47th in the Forbes Global 2000. LVMH controls around 60 subsidiaries that manage 75 luxury brands. In addition to Louis Vuitton and Moët Hennessy, LVMH's portfolio includes Christian Dior Couture, Givenchy, Fendi, Celine, Kenzo, Tiffany, Bulgari, Loewe, TAG Heuer, Marc Jacobs, Stella McCartney, Sephora and Loro Piana. The subsidiaries are often managed i ...
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Apple Inc
Apple Inc. is an American multinational corporation and technology company headquartered in Cupertino, California, in Silicon Valley. It is best known for its consumer electronics, software, and services. Founded in 1976 as Apple Computer Company by Steve Jobs, Steve Wozniak and Ronald Wayne, the company was incorporated by Jobs and Wozniak as Apple Computer, Inc. the following year. It was renamed Apple Inc. in 2007 as the company had expanded its focus from computers to consumer electronics. Apple is the largest technology company by revenue, with  billion in the 2024 fiscal year. The company was founded to produce and market Wozniak's Apple I personal computer. Its second computer, the Apple II, became a best seller as one of the first mass-produced microcomputers. Apple introduced the Lisa in 1983 and the Macintosh in 1984, as some of the first computers to use a graphical user interface and a mouse. By 1985, internal company problems led to Jobs leavin ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, '' Bloomberg Businessweek'', '' Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has been editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Jo ...
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The Hut Group
THG plc, formerly The Hut Group, is a British e-commerce retail company headquartered in Manchester, England. It sells own-brand and third-party cosmetics and dietary supplements online. In January 2025, it demerged its technology and logistics arm, Ingenuity, into a separately owned stand alone business. It is listed on the London Stock Exchange. History The company was founded in Manchester in 2004 with a £500,000 investment by Matt Moulding and John Gallemore. The company sold CDs and DVDs online before creating white-label web stores for large physical retailers, including Asda, Argos Entertainment, Tesco and WHSmith. It operated a warehouse in Guernsey, allowing customers to avoid paying VAT on items priced below £18. The creation of the iPhone in 2007 undermined this business model and The Hut Group began acquiring internet retailers and moving them into the group's existing systems and warehouses. The company purchased Zavvi in 2009, Lookfantastic in 2010 and Myp ...
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OpenDemocracy
openDemocracy is an independent media platform and news website based in the United Kingdom. Founded in 2001, openDemocracy states that through reporting and analysis of social and political issues, they seek to "challenge power and encourage democratic debate" around the world. The founders of the website have been involved with established media and political activism. The platform has been funded by grants from organisations such as Charles Stewart Mott Foundation, the Open Society Foundations, the Ford Foundation, and Joseph Rowntree Charitable Trust, as well as by receiving direct donations from readers. History openDemocracy was founded in 2000 by Anthony Barnett, David Hayes, Susan Richards and Paul Hilder. First publication began in May 2001. Founder Anthony Barnett, Charter 88 organiser and political campaigner, was the first editor (2001–2005) and Isabel Hilton was editor from 2005 to 2007. She was succeeded in 2010 by Rosemary Bechler, who in turn handed ov ...
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Ralph & Russo
Ralph & Russo is a European, privately held company owned and founded by Tamara Ralph and Michael Russo. Ralph & Russo is a high fashion house that specializes in haute couture and ready-to-wear clothes, luxury goods, and fashion accessories. The company was put into administration in March 2020 and its founders are being investigated for the misappropriation of funds and raiding on employee super accounts. History The firm was founded in 2006 by duo Tamara Ralph and Michael Russo as a privately held company. The fashion house began in Mayfair, London, following in the city's rich history of couture fashion houses. In 2014, it was announced that Ralph & Russo had become in the first British fashion house in over a century to be accredited by the Chambre Syndicale de la Haute Couture. It took them 8 years before nomination. They are still the only British fashion house to hold the accreditation. Ralph & Russo opened its first store in London with a second in Paris on Rue F ...
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Blippar
Blippar is a company based in the UK that specialises in augmented reality (AR) content creation and publishing to smartphones and the web. Blippar's product offerings include in-house bespoke AR content creation, with a focus on mobile and WebAR, and a proprietary content creation and publishing platform, Blippbuilder, that enables users to create and publish AR content themselves. The company has its main offices in London. Blippar has created AR campaigns for partners that include GSK, Porsche, Jaguar Land Rover, PepsiCo, Cadbury, L’Oréal, and Procter & Gamble. These campaigns have also included the world's first AR product launch, delivered in partnership with OnePlus Nord. History 2011–2018: founding and financial history Blippar was founded in 2011 by Ambarish Mitra, Omar Tayeb and Steve Spencer, after a discussion about the possibility of Queen Elizabeth II ‘coming to life’ from a twenty pound note. At its launch on Android and iOS in August 2011, Blip ...
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