My own strong reaction to the novel stemmed from Austen's depiction of society, a world of conspicuous consumption (Sir Walter Elliot cannot stand the idea of retrenching when he mismanages his finances and prefers to leave his house rather than be seen with a footman or a picture less) and his arrogant, good-looking daughter Elizabeth can't be seen without all the props, either.
Generation also faces a number of uncertainties under the Government's Electricity Market Reform, coupled with a dearth of obvious buyers, especially as European players appear to currently be retrenching in Europe rather than expanding, and with lower wholesale commodity prices having a number of impacts, with the negatives probably outweighing the positives.
Few expect the record to continue, but even as many other global banks are retrenching, Macquarie is not.
A much heralded cabinet reshuffle last month produced a familiar cast of grey apparatchiks.In effect, the country's old guard appears to be responding to pressure by retrenching, armadillo-like, behind old slogans.
Mr Pangilinan and other managers are now said to be seeking out financial support for a management buyout.The big mystery concerns neither the motive of Mr Pangilinan, who fears for his career, nor that of the Salims, who never recovered from the Asian financial crisis and are retrenching.
Having greatly overexpanded, they are now retrenching in a bid to boost efficiency and profitability.
She thinks the growth of internet-connected TVs is bound to accelerate a shift away from old-fangled channel-hopping.That would be bad news for the BBC, which is already retrenching after its licence fee was frozen until at least 2017.
"Far from retrenching, we are redoubling our efforts to grow," says the boss of one pharmaceutical firm.
Severe spending cuts, implemented at the same time that much of Europe is retrenching, could threaten the economic recovery (though the latest growth figures are strong).
Adjustment within a monetary union, where countries cannot devalue or relax monetary policy, is much more difficult, particularly when neighbouring economies are slowing down and even those with healthy budgets are retrenching.
Suez is retrenching most, pulling back in both Asia and Latin America.
