« Reply #8 on: October 22, 2010, 08:34:57 AM »
I wonder if UK is EVER going to stop the sell off of our businesses to other countries, our leaders and bankers seem hell-bent on selling off everything, they should be locked up.
Cannot lock them up as they sold the keys.
When you are bankrupt, or near it, then you have to sell off the family heirlooms. We have been nearly bust for half of New Labour's Government. It was covered up by loans, paper, moving the tax year forward twice and creative accounting. This is why we are now in the poo and realisation is just dawning on the masses who voted for these gibbons that life is not going to continue to be easy. There is no money and few assets left! Why would a British wealth owner want to invest in Britain? We have just been told you have to share your money, if you have any left, with the people who lost theirs or never had it. Is not going to happen. It will remain secretly being used offshore where the Chancellor cannot get at it. A failure of policy I quite understand as it is self serving. Especially as property is about to fall of a cliff and to recover we expect serious inflation. We need to create a climate where it is worth investing in Britain pretty fast. British Post Office - taxed and administered by British system of high overheads vs Foreign owner only running a company in our system but taking the profit elsewhere on cheaper overheads. No competition is it? Reality is we are too expensive to run a business from which is why I retired early.
Logged
Messerschmitt set, Goggo Darts, Heinkel 175, Fiat Jolly, Autobianchi, Fairthorpe Electron Minor, Borgward, Isuzu Trooper
Citroen BX 17TZD & GTI 16v
Held - MG Magnette ZB & 4/44
For sale - Vellam Isetta, Bamby, AC Type 70, Velorex, Church Pod, Reliant Mk5, KR200, Saab 96, Bellemy Trials, Citroen BXs
