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M&C Saatchi reveals the financial watchdog has dropped a probe into the company over scandal

M&C Saatchi, which found fame working for the British Conservative Party in the 1990s, revealed an accounting error in 2019 that saw its market value collapse from around £4 a share to 103p. ....

United Kingdom , Margaret Thatcher , Tony Blair , Lorna Tilbian , Financial Conduct Authority , Tory Party , Lord Saatchi , Lord Dobbs , Sir Michael Peat , Conservative Party , New Labour , New Danger , Labour Isn T ,

Guardian and Observer style guide: S


sanatoriums
sanction
To sanction (verb) something is to approve it; to impose sanctions (noun) is to stop something you disapprove of. So politicians might sanction (permit) the use of sanctions (forbidding) trade with a country they don’t, for the moment, happen to like very much.
OED definitions of the noun “sanction” involve penalties or coercion, typically to enforce a law or treaty. So you find “sanction-breaker” (quoted from the Guardian in connection with sanctions against Rhodesia in 1968). Rather chillingly, a draft 1993 addition to the dictionary includes a new definition: “sanction: in military intelligence, the permission to kill a particular individual.” ....

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