View Full Version : At last!..........The British Goverment "Out thinks" the Americans!
I am just so "Proud" that we thought of this 1ST:-
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/4229755/Taxpayers-to-own-part-of-small-businesses.html
Ah, you Yanks only bale out big bussiness......watch & learn!
Mike
I am just so "Proud" that we thought of this 1ST:-
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/4229755/Taxpayers-to-own-part-of-small-businesses.html
Ah, you Yanks only bale out big bussiness......watch & learn!
Mike
Is your nation going back to its roots Mega? :)
"L'Angleterre est une nation de boutiquiers"
--Napoleon--
From the article:
...Typically, companies accepted for the scheme will be those considered of significant importance in their local community - such as high street stores...
...It effectively means that tax payers will own a stake in local high street firms...
It would appear little has changed in jolly old England since the days of Adam Smith [emphasis mine]...
"To found a great empire for the sole purpose of raising up a people of customers, may at first sight, appear a project fit only for a nation of shopkeepers. It is, however, a project altogether unfit for a nation of shopkeepers, but extremely fit for a nation whose government is influenced by shopkeepers."
--Adam Smith, Wealth of Nations, 1776--
I am just so "Proud" that we thought of this 1ST:-
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/4229755/Taxpayers-to-own-part-of-small-businesses.html
Ah, you Yanks only bale out big bussiness......watch & learn!
Mike
Would your co. qualify?
That would be the ultimate -- the British taxpayer buys Mega an American wife! :D
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