Not exact matches
Important factors that could cause actual results to differ materially from those reflected
in such forward - looking statements and that should be considered
in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases
in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest
in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions
in the industries and markets
in which we operate
in the U.S. and globally and any changes therein, including fluctuations
in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain
in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or
at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both
in the U.S. and abroad; 20) the effect of changes
in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction
in our
credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our
credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving
credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial
reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco
in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations
in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
«
In our experience, geopolitical shocks tend to provide a buying opportunity, unless there is: an underlying economic slowdown... clear cut overvaluation; or a monetary tightening,» Andrew Garthwaite, an equity strategist at Credit Suisse, wrote in a note reported by CNB
In our experience, geopolitical shocks tend to provide a buying opportunity, unless there is: an underlying economic slowdown... clear cut overvaluation; or a monetary tightening,» Andrew Garthwaite, an equity strategist
at Credit Suisse, wrote
in a note reported by CNB
in a note
reported by CNBC.
Antoni Swidlicki is a content creator
at UK
Credit Info <, which provides the cheapest credit reports for companies registered in the UK on th
Credit Info <, which provides the cheapest
credit reports for companies registered in the UK on th
credit reports for companies registered
in the UK on the net.
Topics included: early
reporting on inaccuracies
in the articles of The New York Times's Judith Miller that built support for the invasion of Iraq; the media campaign to destroy UN chief Kofi Annan and undermine confidence
in multilateral solutions; revelations by George Bush's biographer that as far back as 1999 then - presidential candidate Bush already spoke of wanting to invade Iraq; the real reason Bush was grounded during his National Guard days — as recounted by the widow of the pilot who replaced him; an article published throughout the world that highlighted the West's lack of resolve to seriously pursue the genocidal fugitive Bosnian Serb leader Radovan Karadzic, responsible for the largest number of European civilian deaths since World War II; several investigations of allegations by former members concerning the practices of Scientology; corruption
in the leadership of the nation's largest police union; a well - connected humanitarian relief organization operating as a cover for unauthorized US covert intervention abroad; detailed evidence that a powerful congressional critic of Bill Clinton and Al Gore for financial irregularities and personal improprieties had his own track record of far more serious transgressions; a look
at the practices and values of top Democratic operative and the clients they represent when out of power
in Washington; the murky international interests that fueled both George W. Bush's and Hillary Clinton's presidential campaigns; the efficacy of various proposed solutions to the failed war on drugs; the poor - quality televised news program for teens (with lots of advertising) that has quietly seeped into many of America's public schools; an early exploration of deceptive practices by the
credit card industry; a study of ecosystem destruction
in Irian Jaya, one of the world's last substantial rain forests.
In the last few years, ironically,
credit bureaus that handle
reports on people refinancing mortgages have become big customers of factors because the banks to which they sell the
reports are experts
at cash management.
In fact, four in five credit cards boast at least one of these hidden benefits that could save you money, according to a report by CreditCards.co
In fact, four
in five credit cards boast at least one of these hidden benefits that could save you money, according to a report by CreditCards.co
in five
credit cards boast
at least one of these hidden benefits that could save you money, according to a
report by CreditCards.com.
A day after berating Wells Fargo CEO Tim Sloan over the bank's own scandal with phony accounts, Senator Warren took aim Wednesday
at Smith, who retired as CEO of the
credit reporting agency last week
in the wake of the Equifax breach.
Since most lenders will look closely
at your
credit history prior to making a decision, keep an eye on your
credit score and anything
in your
credit report that might be a red flag.
A provision included
in a regulatory relief bill would require firms like Equifax to let you freeze your
credit report at no cost.
A former top military aide to Secretary Ash Carter used a government
credit card to pay large bar tabs
at strip clubs
in Rome and
in South Korea frequented by prostitutes and engaged
in «inappropriate» behavior with women, a long - awaited
report by the Department of Defense Inspector General released Thursday found.
In April, the hotel company that owns a dozen hotel brands including the Holiday Inn and Crowne Plaza reported that hackers installed malware at 1,200 of its hotel locations in order to swipe credit card dat
In April, the hotel company that owns a dozen hotel brands including the Holiday Inn and Crowne Plaza
reported that hackers installed malware
at 1,200 of its hotel locations
in order to swipe credit card dat
in order to swipe
credit card data.
Fraud alerts are red flags
in your
credit report to alert whoever is looking
at it that they should carefully verify your identity.
In addition,
at any time when incremental term loans are outstanding, if the aggregate amount outstanding under the Asset - Based Revolving
Credit Facility exceeds the
reported value of inventory owned by the borrowers and guarantors, NMG will be required to eliminate such excess within a limited period of time.
Your FICO Score is based on the information
in your
credit report at the time it is requested.
In addition to factors previously disclosed in Tesla's and SolarCity's reports filed with the U.S. Securities and Exchange Commission (the «SEC») and those identified elsewhere in this document, the following factors, among others, could cause actual results to differ materially from forward - looking statements and historical performance: the ability to obtain regulatory approvals and meet other closing conditions to the transaction, including requisite approval by Tesla and SolarCity stockholders, on a timely basis or at all; delay in closing the transaction; the ultimate outcome and results of integrating the operations of Tesla and SolarCity and the ultimate ability to realize synergies and other benefits; business disruption following the transaction; the availability and access, in general, of funds to meet debt obligations and to fund ongoing operations and necessary capital expenditures; and the ability to comply with all covenants in the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provision
In addition to factors previously disclosed
in Tesla's and SolarCity's reports filed with the U.S. Securities and Exchange Commission (the «SEC») and those identified elsewhere in this document, the following factors, among others, could cause actual results to differ materially from forward - looking statements and historical performance: the ability to obtain regulatory approvals and meet other closing conditions to the transaction, including requisite approval by Tesla and SolarCity stockholders, on a timely basis or at all; delay in closing the transaction; the ultimate outcome and results of integrating the operations of Tesla and SolarCity and the ultimate ability to realize synergies and other benefits; business disruption following the transaction; the availability and access, in general, of funds to meet debt obligations and to fund ongoing operations and necessary capital expenditures; and the ability to comply with all covenants in the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provision
in Tesla's and SolarCity's
reports filed with the U.S. Securities and Exchange Commission (the «SEC») and those identified elsewhere
in this document, the following factors, among others, could cause actual results to differ materially from forward - looking statements and historical performance: the ability to obtain regulatory approvals and meet other closing conditions to the transaction, including requisite approval by Tesla and SolarCity stockholders, on a timely basis or at all; delay in closing the transaction; the ultimate outcome and results of integrating the operations of Tesla and SolarCity and the ultimate ability to realize synergies and other benefits; business disruption following the transaction; the availability and access, in general, of funds to meet debt obligations and to fund ongoing operations and necessary capital expenditures; and the ability to comply with all covenants in the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provision
in this document, the following factors, among others, could cause actual results to differ materially from forward - looking statements and historical performance: the ability to obtain regulatory approvals and meet other closing conditions to the transaction, including requisite approval by Tesla and SolarCity stockholders, on a timely basis or
at all; delay
in closing the transaction; the ultimate outcome and results of integrating the operations of Tesla and SolarCity and the ultimate ability to realize synergies and other benefits; business disruption following the transaction; the availability and access, in general, of funds to meet debt obligations and to fund ongoing operations and necessary capital expenditures; and the ability to comply with all covenants in the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provision
in closing the transaction; the ultimate outcome and results of integrating the operations of Tesla and SolarCity and the ultimate ability to realize synergies and other benefits; business disruption following the transaction; the availability and access,
in general, of funds to meet debt obligations and to fund ongoing operations and necessary capital expenditures; and the ability to comply with all covenants in the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provision
in general, of funds to meet debt obligations and to fund ongoing operations and necessary capital expenditures; and the ability to comply with all covenants
in the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provision
in the indentures and
credit facilities of Tesla and SolarCity, any violation of which, if not cured
in a timely manner, could trigger a default of other obligations under cross-default provision
in a timely manner, could trigger a default of other obligations under cross-default provisions.
In addition,
at any time when incremental term loans are outstanding, if the aggregate amount outstanding under the Asset - Based Revolving
Credit Facility exceeds the
reported value of inventory owned by the borrowers and guarantors, we will be required to eliminate such excess within a limited period of time.
For a major purchase such as a home, the general recommendation is to check your
credit report and
credit score
at least 6 months
in advance.
The panel is based on
credit report data collected by Equifax (one of the three
credit bureaus
in the United States) and it contains information on all outstanding loans — including mortgages, auto and student loans, and
credit card debt —
at the individual consumer level.
NEW YORK — Auto loan originations are
at the highest level
in eight years and auto loan balances, which include leases, have increased for the 13th consecutive quarter, according to the Federal Reserve Bank of New York's Q2 2014 Household Debt and
Credit report.
Factors that could cause or contribute to actual results differing from our forward - looking statements include risks relating to: failure of DBRS to rate the Notes
at the anticipated ratings levels, which is a closing condition, or
at all; changes
in the financial markets, including changes
in credit markets, interest rates, securitization markets generally and our proposed securitization
in particular; the willingness of investors to buy the Notes; adverse developments regarding OnDeck, its business or the online or broader marketplace lending industry generally, any of which could impact what
credit ratings, if any, are issued with respect to the Notes; the extended settlement cycle for the scheduled closing on April 17, 2018, which may exacerbate the foregoing risks; and other risks, including those described
in our Annual
Report on Form 10 - K for the year ended December 31, 2017 and
in other documents that we file with the Securities and Exchange Commission from time to time which are or will be available on the Commission's website
at www.sec.gov.
Important factors that could cause actual results to differ from OnDeck's forward - looking statements are the risks that OnDeck may not be able to manage its anticipated or actual growth effectively, that its
credit models do not adequately identify potential risks, and other risks, including those under the heading «Risk Factors»
in OnDeck's Annual
Report on Form 10 - K for the year ended December 31, 2016, its Quarterly
Reports for the quarters ended June 30 and September 30, 2017 and
in other documents that OnDeck files with the Securities and Exchange Commission, or SEC, from time to time which are available on the SEC website
at www.sec.gov.
«History tells us that
credit booms lead to bubbles and eventual crisis,» Jason Daw, a strategist specialized
in Asia
at Societe Generale, wrote
in a recent
report.
In fact, many potential suppliers will look
at your D&B
report before they offer your business
credit terms; making it critically important to make sure your business» D&B profile is accurate.
On the
credit front, the Preliminary Bank Earnings
Report just released by the FDIC shows that banks have increased the rate
at which they are writing off bad loans, but the growth
in bad («noncurrent») loans is increasing even faster.
It is not a perfect analogy but — except, of course, for the part
in which analyses that use the number of bookshops as a proxy for literacy are widely ridiculed — it is nonetheless similar to what happens when the health of the Chinese economy is measured by the
reported GDP data, or when second - order measures, such as the dependence of Chinese growth on debt, is estimated by looking
at credit growth
in relation to GDP growth.
Afterwards, you may look
at the individual
reporting agencies,
in order to fine - tune and optimize your
credit score, based on the different factors each of them considers.
You can sign
in to NerdWallet
at any time to see your free
credit score, your free
credit report information and more.
However, pockets of stress continue to emerge and lend adversity to a limited amount of issuers, according to a new
report «Retail REITs — US:
Credit risks limited across retail REITs, concentrated
in weak malls,» available to Moody's subscribers
at
If there is no balance
in your card
at the end of the month, there may not be anything to
report to the
credit bureaus.
While no one is expecting a new peak
in trading like the ones that occurred
in 2009 and shortly before the financial crisis, the trading desks of the biggest U.S. banks are expected
report revenue as much as 5 % higher than a year ago, say analysts
at Credit Suisse.
The OCC's June 30
report shows Citigroup's holding company with $ 2.2 trillion
in credit derivatives and $ 53.6 trillion
in total notional amount of derivatives —
at a bank holding company with only $ 1.8 trillion
in assets.
«
In 2006, VantageScore Solutions was introduced as a joint venture between three national credit bureaus — Experian plc, Equifax Inc. and TransUnion — aimed at providing an alternative solution to the widely used FICO score through the introduction of the VantageScore,» writes DBRS in a June 2017 repor
In 2006, VantageScore Solutions was introduced as a joint venture between three national
credit bureaus — Experian plc, Equifax Inc. and TransUnion — aimed
at providing an alternative solution to the widely used FICO score through the introduction of the VantageScore,» writes DBRS
in a June 2017 repor
in a June 2017
report.
«[Lenders] look
at your application,
credit report, and other factors
in order to estimate the likelihood that you'll be able to pay back your loan,» said Dudum.
The government says that proposed legislation, Bill 8, could require
credit -
reporting agencies to give consumers free online access to their current
credit score
at least twice a year and to disclose information
in a
credit report about any scores that were given to third parties over the past 12 months.
French bank
Credit Agricole has the deepest capital shortfall
at 31.5 billion euros, while Deutsche Bank and Commerzbank have gaps of 19 billion and 7.7 billion respectively, the magazine
reported in a pre-release of its Monday publication.
To qualify
at Upstart, borrowers must have a regular source of income (or a full - time job offer starting
in six months), a
credit score of 620 or higher, low debt - to - income ratio, and no recent derogatory marks or inquiries on your
credit report.
The «officially tabulated» mainstream b.s.
reports are not picking up the numbers, but the large
credit card issuers (like Capital One) and auto debt issuers (like Santander Consumer USA) have been showing a dramatic rise
in troubled
credit card and auto debt loans for several quarters, especially
in the sub-prime segment which is now, arguably the majority of consumer debt issuance
at the margin.
The more variety
in your
credit report, the greater the likelihood,
at least from lenders» point of view, that you will be fiscally responsible.
Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines
in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments
in new markets; breaches
in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes
in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions
in the agreements governing our indebtedness that limit our flexibility
in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions
in the global
credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty
credit risks, including those under our
credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations
in foreign currency exchange rates; overcapacity
in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays
in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases
in the price of, or major changes or reduction
in, commercial airline services; seasonal variations
in passenger fare rates and occupancy levels
at different times of the year; our ability to keep pace with developments
in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes
in which we operate; and other factors set forth under «Risk Factors»
in our most recently filed Annual
Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
Subprime auto - loan delinquencies are rising and Experian recently
reported that the national bank
credit - card default rate set a 46 - month high
in April
at 3.35 %, which was up from 3.09 % a year earlier.
VantageScores, on the other hand, require you to have just one month, and
at least one account
reported to one of the
credit reporting agencies
in the last two years.
NEW YORK / TORONTO (Reuters)- Equifax Inc (EFX.N) said it expects costs related to its massive 2017 data breach to surge by $ 275 million this year, suggesting the incident
at the
credit reporting bureau could turn out to be the most costly hack
in corporate history.
I / we agree that if any material change (s) occur (s)
in my / our financial condition that I / we will immediately notify BSHFC of said change (s) and unless Baby Safe Homes Franchise Corporation is so notified it may continue to rely upon the application and financial statement and the representations made herein as a true and accurate statement of my / our financial condition.nI / we authorize Baby Safe Homes Franchise Corporation to make whatever
credit inquiries / background checks it deems necessary
in connection with this application and financial statement.nI / we authorize and instruct any person or consumer
reporting agency to furnish to BSHFC any information that it may have to obtain
in response to such
credit inquiries.nIn consideration of the ongoing association between Baby Safe Homes and the undersigned applicant (hereinafter u201cApplicantu201d), the parties hereto have entered into this Non-Disclosure and Non-Competition Agreement.nWHEREAS,
in the course of its business operations, Baby Safe Homes provides its customers products and services which, by nature of the business, include trade secrets, confidential and proprietary information, and other matters deemed material or important enough to warrant protection; and WHEREAS, Applicant, by reason of his / her interest
in Baby Safe Homes and
in the course of his / her duties, has access to said secrets and confidential information; and WHEREAS, Baby Safe Homes has trade secrets and other confidential and proprietary information, including procedures, customer lists, and particular desires or needs of such customers to which Applicant has access
in the course of his / her duties as an Applicant.nNow, therefore,
in consideration of the premises contained herein, the parties agree as follows Applicant shall not, either during the time of his / her franchise evaluation with Baby Safe Homes or
at any time thereafter either directly or indirectly, communicate, disclose, reveal, or otherwise use for his / her own benefit or the benefit of any other person or entity, any trade secrets or other confidential or proprietary information obtained by Employee by virtue of his / her employment with Baby Safe Homes,
in any manner whatsoever, any such information of any kind, nature, or description concerning any matters affecting or relating to the Baby Safe Homes business, or
in the business of any of its customers or prospective customers, except as required
in the course of his / her employment by Baby Safe Homes or except as expressly authorized Baby Safe Homes Franchise Corporation,
in writing.nDuring any period of evaluation with Baby Safe Homes, and for two (2) years thereafter, Applicant shall not, directly or indirectly, induce or influence, divert or take away, or attempt to divert or take away and, during the stated period following termination of employment, call upon or solicit, or attempt to call upon or solicit, any of the customers or patrons Baby Safe Homes including, but not limited to, those upon whom he / she was directly involved, or called upon, or catered to, or with whom became acquainted while engaged
in the franchise evaluation process of a Baby Safe Homes franchise business.
Though I'm hesitant to inject politics into this blog, I couldn't help but shake my head over the GOP tax bill written by adoptive parent, Kevin Brady (R - TX), which does away with the adoption tax
credit capped
at $ 13,460 as
reported here
in the Washington Post.
As we first
reported on Capital Tonight, an internal audit by the charity found that Conlin made numerous questionable charges on NARAL
credit cards between 2008 and 2010, including $ 5,709 worth of high - end clothing
at Giorgio Armani and Barney's and a $ 17,000 reimbursement on a Hamptons summer rental where Conlin stayed
in the summer of 2009.
«Even people
in the know will wince
at parts of the
report: that the Government can not explain why the national roll out of Universal
Credit was set for October 2013; that there has never been a «convincing strategic plan» for the project; and that the # 303 million already spent on IT has only produced an insecure, inflexible system that is not fit for purpose.
Contribute is aimed
at simplifying the process of accepting,
reporting, and documenting
credit card contributions for your campaign,
in compliance with NYC Campaign Finance Board (CFB) regulations.
The Lib Dems had 65,038 members
at the end of 2010 [167] and
in the first quarter of 2008, the party received # 1.1 million
in donations and have total borrowings and unused
credit facilities of # 1.1 million (the «total debt» figure
reported by the Electoral Commission includes, for example, unused overdraft facilities).
Moody's Investors Service is looking
at the impact of a federal investigation into loan guarantees made by the Town of Oyster Bay
in light of the indictment of restaurateur Harendra Singh, the
credit rating agency
reported Monday.
Mr Gove tried to skate over suggestions that Nick Clegg prevented him allowing free schools to make a profit
in the state system, with advance
reports suggesting the deputy prime minister will claim
credit for the rearguard defence
at a speech to parents and teachers tomorrow.