Smiths Flour Mills has been acquired by the investment vehicle behind ingredients supplier Edme.Longmynd Industrials bought Smiths from Vision Capital earlier this month in a low-key deal. Longmynd is run by entrepreneurs David Thompson and Edward Whitley, and also owns Anglia Maltings Group, the parent company of Edme, with different shareholders.George Fleet, MD of McQueen, which advised Longmynd on the deal, said that milling was seen as a strategic opportunity by Longmynd. He explained that it had been interested in the miller since Vision Capital took it over last November. The management team at Smiths will stay in place.In November 2006, Vision Capital acquired a portfolio of businesses from Northern Foods, including Pork Farms, Fletchers Bakeries, Park Cakes and Smiths Flour Mills for an undisclosed sum.Smiths Flour Mills owns three mills at Worksop, Holbeach and Langley. read more
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Metro Sport ReporterMonday 6 Jan 2020 6:24 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link44Shares Comment Thomas Lemar could be available for a loan switch this month (Picture: Getty Images)Tottenham and Arsenal are considering a loan move for Thomas Lemar this month, but even a short-term deal for the France international will not come cheaply.The 24-year-old has struggled to make an impact at Atletico Madrid since his 2018 move from Monaco and an exit in January or the summer looks likely.He has made just nine starts in La Liga so far this season and has failed to score, having notched just three league goals in his debut campaign.Atletico Madrid boss Diego Simeone has admitted himself that Lemar ‘hasn’t been able to live up to expectations’ which does not bode well for his future in the Spanish capital.AdvertisementAdvertisementADVERTISEMENTSimeone’s side paid £52.5m for the attack-minded midfielder and despite his poor showing so far, would not be willing to let him go for a significant loss.The Independent report that a loan move would come with a fee of around £5.1m, and that an option-to-buy of around £51m would be part of the deal.Arsenal have long been a fan of the Frenchman and came close to signing him when he moved to Atletico, when he also held talks with Liverpool and Chelsea.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityWhether the Gunners, or Spurs, would want to risk a significant outlay on a loan move for a player out of form, who has been struggling with a hamstring injury is yet to be seen.Simeone still holds out some hope for Lemar at Atleti, but has been disappointed with him thus far.‘The facts speak for themselves better than words. Lemar is an important player who could not develop all the football he has but has characteristics that others do not have,’ he said.‘Hopefully when he comes back from his injury he will have an important moment.‘Now if Lemar can stay or not… we know that the representatives work brilliantly. The clubs work according to their needs. He has played much more than he has not played.‘I have always been enthusiastic about his characteristics. Then he could not respond in relation to those expectations.’MORE: Leeds United star Ezgjan Alioski taunts Arsenal and Manchester United ahead of FA Cup clashMORE: Mikel Arteta sends warning to Arsenal players ahead of FA Cup clash with Leeds United Advertisement Arsenal and Tottenham considering loan move for Atletico Madrid’s Thomas Lemar but it would not be cheap Advertisement read more
How to check if your loyalty is being taken for a ride: FOLLOW SOPHIE FOSTER ON TWITTER 2. Check the rate your bank is offering new customers for the same product; 4. Call your bank and present them with the evidence. Use RateCity’s guide for how to haggle. ACCC chair Rod Sims said: “Pricing for mortgages is opaque and the big four banks have a lot of discretion. The banks profit from this and it is against their interests to make pricing transparent.”“Borrowers may not be aware they can negotiate with their lender on price, both before and, particularly, after they have established their mortgage.”RateCity research director Sally Tindall said now was a good time for those on variable mortgages to haggle for the same rate as new customers.“You’re entitled to haggle for that rate. Find out what your bank is offering new customers, and if its lower, ask them to match it. It’s the least they can do for a loyal customer.“The slowdown in home lending has made the banks hungry for business. Owner occupiers paying down their debt are a hot commodity in this market and can use the competition to their advantage.”Ms Tindall said NAB and ING were among those rewarding loyalty, recently raising rates for new customers only.“NAB and ING should be singled out for putting their existing customers first. It’s a refreshing change after a year of rate hikes for existing homeowners.”More from newsParks and wildlife the new lust-haves post coronavirus15 hours agoNoosa’s best beachfront penthouse is about to hit the market15 hours ago Easy Street Finance 3.49 per cent (Source: RateCity) Homestar Finance 3.49 per cent RateCity’s lowest ongoing variable home loan rates: Reduce Home Loans 3.44 per cent (Source: RateCity) Banks often offer new customers better rates than current ones so it pays to “haggle” your own to that level, experts say. Most banks don’t reward loyalty so haggle for a better mortgage rate now or miss out on $850 a year in your pocket, the ACCC’s latest inquiry has found.The Australian Competition & Consumer Commission Residential Price Inquiry – out today – has found that “only 11 per cent of borrowers with variable rate mortgages had the price of their current residential mortgage reduced by one of the five banks under review in the year to 30 June 2018”.It found banks were generally not rewarding loyal customers, instead offering bigger discounts to new customers coming on board.“As at 30 June 2018, an existing borrower with an average-sized mortgage could initially save up to $850 a year in interest if they negotiated to pay the same interest rate as the average new borrower at the five banks under review. For many borrowers the gain will be much larger,” the ACCC report said.And it found that part of the reason for such a small take-up — and why banks have not moved to reward existing customers as much — was that it was hard to get information on better rates, let alone change deals.Five banks were monitored between May 9 last year and June 30 this year with ACCC finding “unnecessarily high search costs or effort required by borrowers to find better prices”. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:52Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:52 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p360p360p216p216pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow to lose money investing01:53 3. Use a comparison site like RateCity to find a list of 3 lenders willing to offer lower rates; 1. Check the interest rate you are paying; read more
A recent poll found that Indian Americans are the strongest backers of Pres. Barack Obama after African Americans. The poll of Asian American voters by Lake Research Partners determined that Pres. Obama led presumptive Republican nominee Mitt Romney by a margin of 76 to 8 percent. That is higher than even the proportion by which they voted for him in 2008 — 67 percent for Obama against 7 percent for John McCain, according to the poll.Indian Americans were the most heavily Democratic group among all Asians surveyed. 85 percent of Indian Americans had a favorable opinion of Obama (compared to 23 percent of Romney); 80 percent had a favorable view of the Democratic Party against 18 percent of the Republican Party. Almost 63 percent of Indians rated Obama as doing an excellent or good job as president; by contrast, Pres. Obama’s favorable rating nationally is frequently hovering under 50 percent. Strong majorities of Indian Americans believed that Democrats offer better solutions than Republicans on major national issues, such as jobs, economy, health care, immigration, foreign policy, education, etc.Given a sample size of just 136 Indian Americans in the survey, the margin of error of the poll is almost 9 percent. Even so, the lopsided Democratic Party preference is unmistakable and in sync with past surveys with larger sample sizes. It appears that the dissatisfaction over Pres. Obama’s anti outsourcing rhetoric has not soured Indian Americans away from Obama. Equally remarkably, even though Indian Americans have celebrated the success of a handful of Indian American Republicans, notably Gov. Nikki Haley of South Carolina and Gov. Bobby Jindal of Louisiana, both of whom ran from their ethnic and religious roots to advance in right wing Republican circles, it does not appear that they have been influential in shaping Indian American political attitudes or weaning them toward the Republican Party.Both Haley and Jindal have been touted as possible running mates for Romney, but with little grassroots support within their own ethnic group and virtually no political constituency outside the right wing of the Republican Party, which propelled them to statewide office, neither brings any national coattails with minorities, their ostensible political asset for an increasingly Southern White party. It is clear that neither of them is being seriously considered; vice presidential prospects are leaked frequently by political campaigns just to win brownie points with small constituencies.Economic forces and Pres. Obama’s legendary timidity in the first half of his presidency could yet doom the Democratic Party’s presidential and Congressional aspirations during this election cycle. But the demographic trend lines of the next decade are unmistakably in favor of the Democrats. Indian Americans are wise to cast their lot with the right side of history. Related Items read more