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How Do You Feel About Adding Jag/landrover To Our Banking Empire?

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Works Management, a manufacturing sector publication, reported that the firm had recently negotiated extended payment terms with its suppliers - moving them from 45-day to 60-day terms.

However the 15-day extension means that supplier payments clash with salaries - prompting the change.

I don't suppose nice Mr TATA considered bringing the salaries forward 15 days?

"It's not a bailout"! :lol:

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You got to draw the line somewhere, I would not be happy helping this company out. Apart from anything, I am not sure we can afford to. Are we going to bail out Bob the builder and Fred the plumber?

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What we don't hear much about is that Porsche is in danger of going bust because they borrowed a huge amount to buy a majority shareholding in the much bigger Volkswagen group and now they can't repay the loans. The German government has refused to bail Porsche out.

Edited by blankster

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  • 405 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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