UK 'Fire sale'...

E

ellal

Joined
23 May 2004
Messages
15,482
Reaction score
737
Country
United Kingdom
"International firms have more than doubled spending on buying out UK firms. In the second quarter, firms based abroad spent £18.4bn on businesses in the UK, £10.8bn more than in the first three months of the year...

Meanwhile UK firms have slashed the amount they spend on buying international rivals, data from the Office for National Statistics shows.

In the second quarter, businesses in the UK spent £1.5bn on international mergers and acquisitions, a dramatic fall compared to the £6.1bn that was spent in the first quarter."

Something related to a plummeting UK currency? :rolleyes:

Well done quitters!
 
Sponsored Links
Initial shock it will Drop below parity with Euro and hover just above parity with the US.

Trump idiotic trade war is starting to bite so by the end of the yr all goods with China will face higher tariffs.

This will depress demand for the dollar but ironically there will be support for the dollar if things get choppy as its the worlds reserve currency.

UK based companies with foreign exposure will be in play.

UK companies with domestic exposure will be hit the hardest, those with healthy assets like land or building will be worried as long term investors will see this as a buying opportunity.

UK will not be taking back control.

Our exporters who mainly export to ROW will benefit as long as they dont rely on major imports to produce their goods and services.

Again they will be in play.
 
Sponsored Links
Could it not be that it's attractive to invest in the UK and not so attractive to invest in the EU..... Just a thought.

I see Goldman Sachs have just opened their new HQ in the centre of London.... What ever happened to the city deserting the city...

Ding dong.
 
Bodd said:
Could it not be that it's attractive to invest in the UK and not so attractive to invest in the EU..... Just a thought.

I see Goldman Sachs have just opened their new HQ in the centre of London.... What ever happened to the city deserting the city...

Ding dong.
Click to expand...
GS have always been in London (The City). They helped shape the financial district. What's new? Ping pong.
 
Bodd said:
Could it not be that it's attractive to invest in the UK and not so attractive to invest in the EU..... Just a thought.

I see Goldman Sachs have just opened their new HQ in the centre of London.... What ever happened to the city deserting the city...

Ding dong.
Click to expand...

Like taking Candy from a baby.

GS has already sold the building and leased it back from its Korean owners (really is taking back control)

GS CEO Blankenfein has been calling for a second referndum.

The building plans were in place before Brexit.

Dumb Bodd.
 
SirGalahad said:
Like taking Candy from a baby.

GS has already sold the building and leased it back from its Korean owners (really is taking back control)

GS CEO Blankenfein has been calling for a second referndum.

The building plans were in place before Brexit.

Dumb Bodd.
Click to expand...


On a 25 year lease....
They claim back the build costs then claim back the lease costs... I thought you would know that.

Top man said London is the financial hub of the world.
 
SirGalahad said:
Initial shock it will Drop below parity with Euro and hover just above parity with the US.

Trump idiotic trade war is starting to bite so by the end of the yr all goods with China will face higher tariffs.

This will depress demand for the dollar but ironically there will be support for the dollar if things get choppy as its the worlds reserve currency.

UK based companies with foreign exposure will be in play.

UK companies with domestic exposure will be hit the hardest, those with healthy assets like land or building will be worried as long term investors will see this as a buying opportunity.

UK will not be taking back control.

Our exporters who mainly export to ROW will benefit as long as they dont rely on major imports to produce their goods and services.

Again they will be in play.
Click to expand...


Watch this.... Its not all doom and gloom

BBC London, Late News: 02/09/2019: www.bbc.co.uk/iplayer/episode/m00085rt via @bbciplayer
 
Bodd said:
On a 25 year lease....
They claim back the build costs then claim back the lease costs... I thought you would know that.

Top man said London is the financial hub of the world.
Click to expand...

How do they claim back the build cost?

You would think they would want to hold onto a rising asset but lease one that loses value.

Boddism.
 
You must log in or register to reply here.
Sponsored Links

Similar threads

C
Why you can't get a job!
4 5 6
Replies
78
Views
6K
Whitespirit66
Whitespirit66
JohnD
Inflation means inflation
Replies
13
Views
870
bernardgreen
bernardgreen
S
UK to run up highest debt interest bill in developed world
Replies
8
Views
627
Ivor Windybottom
I
Lezza1
Keep An Open Mind EU
2 3 4
Replies
53
Views
5K
Yafo
Y
N
New Year cancelled due to bad weather
Replies
1
Views
531
kevplumb
kevplumb
Back
Top