American Debt Crisis

1 mentions.

2014

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2014

one mention

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Preceding the era of privatisation it made a £300 million profit, hence we went for the flotation, at the time when there was the real threat of the American Debt Crisis as well as unions threatening to strike - and each strike day costs roughly £30 million, so a £300 million profit can be wiped out in 10 days.


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