These are a special type of share that pay a regular flat dividend in perpetuity, and which receive their payment in preference to the dividends paid out on ordinary shares.

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Today some hold a view that the past's "deserving poor" have been replaced by families living in council houses equipped with flat-screen TVs, games consoles and regular holidays.

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Vollmer made regular trips to Australia to train in the ocean and swim with dolphins, which made racing in the flat water of an Olympic pool feel far simpler.

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