Managing Your Cash Flow

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FD watch – Karim Naffah

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Naffah has fallen on his sword after the pub group put in place hedges on interest rates and inflation rates that ended up costing it £274m.

Jeremy Townsend, currently deputy FD, will be appointed to the board as FD.

Related articleFD quits after credit crunch plays havoc with hedges

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FD watch – David Parsons
The Peter Hain principle
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