wind down


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wind down

A UK term of art for one of the alternatives to complete retirement from the NHS, which allows a worker to slowly reduce his or her hours in a current post in ways that do not reduce pension benefits.
References in periodicals archive ?
Britain announced at the beginning of August that it would give its regulators new powers to wind down failing clearing houses, saying that similar EU moves were too slow to arrive.
24 June 2011 - Danish cancer drugs maker Genmab AS (CPH: GEN) said today it will wind down its zalutumumab clinical programme part of its disciplined approach and commitment to controlling costs.
The bad bank of Germany-based WestLB, Erste Abwicklungsanstalt, has announced that it was able to wind down a part of its original portfolio.
Department of the Treasury announced that it will begin the orderly wind down of its remaining portfolio of $142 billion in agency- guaranteed mortgage-backed securities (MBS).
US CDSS Wind Down (OTC:CWDW) said yesterday it inked a deal to take over energy manager Green Energy Management Services (GEM) for an undisclosed sum and via a reverse merger.
GM, which had been trying to complete the deal by the end of February, said that it will wind down the money-losing brand following the set back.
DETROIT: General Motors Co has held advanced talks with Spyker Cars for the sale of its Swedish brand Saab but is proceeding with plans to wind down the unit, GM Chief Executive Ed Whitacre said on Monday.
GM had previously said it was giving bidders until Thursday to come forward with an offer for Saab until it decided earlier this month that it would wind down the brand.
BRADFORD & Bingley have appointed banking veteran Richard Banks as managing director to oversee the wind down of the nationalised lender.
My husband seems to forget that we have four small children and insists on sitting on the beach reading his book for the first four days to wind down from his "stressful" job.
02 per diluted share, including wind down costs of $197,000 related to the non-renewal of the Carsen distribution of Olympus products in Canada at July 31, 2006 (such wind down costs will continue throughout fiscal 2006) and $163,000 of stock-based compensation.
I need a little bit of time to wind down, and as I wind down, I'll pick up a piece of paper and see what those numbers say.