Latest news with #GeoffPhipps
BBC News
26-05-2025
- BBC News
Brackley and Montabaur celebrate 50 years of town twinning
Two communities have celebrated 50 years of friendship with a ceremony marking their town twinning partnership from the in Northamptonshire and Montabaur in Rhineland-Palatinate, Germany, were officially twinned in 50th anniversary was commemorated in the English town last week, with cultural events, gift exchanges, and a five-course Phipps, 77, who attended both the original twinning and the milestone event, said the occasion was "very enjoyable". "We've made so many friends over the years. It's become an international friendship," he said. Brackley has also been twinned with Pavillons-sous-Bois in France since 1972. Each year, members of the Brackley European Association (BEA) either visit their partner towns or host incoming guests in year's exchange saw Montabaur present Brackley with a slate stand made from local return, Brackley gifted a wooden plaque that will hang in Montabaur Town Phipps, who has attended "at least 20" of these events, recalled his favourite moment - Montabaur's 1,000-year carnival celebration. "It's so different to England… the bands were so professional even though it's a small town," he said. Delegates began their visit by laying a wreath at Brackley's war memorial to mark VE were later treated to a performance by a local woodwind band during the celebratory the weekend, guests also visited the Silverstone Circuit Museum and Stoke Robbins, 80, chairwoman of the BEA, said: "You learn things about [German] culture you wouldn't learn on holiday. It's extremely enjoyable." 'Unfailing goodwill' German-born Elizabeth Flikschuh, 97, played a key role in the twinning, taking part in official visits and former Montabaur local said: "Every visit had its moments, but my main memory is of the unfailing goodwill and even affection which colours every visit."One of my dearest memories is of the first tentative meeting of the small delegation from Brackley with the members of the Montabaur Statdrat. "It ended with a very hearty evening in the wood cabin in the forest near the town and a walk back in the dark!" Follow Northamptonshire news on BBC Sounds, Facebook, Instagram and X.
Bloomberg
21-04-2025
- Business
- Bloomberg
Hedge Fund Picton Says Avoid Leveraged Firms With Trade Policy in Chaos
US economic data is likely to worsen, causing hedge fund Picton Mahoney Asset Management to take a more defensive view and cut exposure to companies with too much debt risk, trading strategist Geoff Phipps said. 'It is pretty likely that we're going to see downward GDP revisions in Canada and the US over the coming three or four months,' he said in an interview. Corporate credit spreads have widened as yields on US Treasuries have risen, creating 'a very uncomfortable environment' for highly leveraged companies or those needing to refinance in the near future, said Phipps, who's also a portfolio manager at the Toronto-based firm.
