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So according to this scenario, BAT could grow its overall earnings by 3% per year to 2030 as long as (a) its NGP profits grow in line with expectations and (b) its combustibles business grows slowly to 2025 and then goes into slow decline

As Heath was unable to persuade the Liberals to form a coalition, Wilson returned to 10 Downing Street on 4 March 1974 as prime minister of a minority Labour Government

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The more attractive the valuation (lower price relative to fair value), the larger the target position size and, of course, the opposite applies