Through our Target Neutral programme, our goal is to offer to offset the emissions from all spectator journeys to and from the Games and to change behaviours so that more people consider more sustainable ways to travel.

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We believe greater flow-through from cost savings and more buybacks would likely help offset any potential shortfalls in the potential revenue upside, in order to hit the EPS target.

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This could be offset, says Mr Maskus, if the rest of the world recycled its tariff revenue to the target country (or made a contribution from other taxes) in return for a higher minimum working age.

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