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Mega

1400 To Go?

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The lead lender to the office supplies group is Royal Bank of Scotland (RBS), which is 70pc-owned by the taxpayer.

The failure of the Government's credit insurance guarantee scheme to protect Vasanta is also likely to be referred to by critics of the programme, which was hailed by ministers as offering a crucial cushion for companies hit by a wholesale reduction in cover in recent months.

Vasanta is owned by Electra Partners, a private equity firm, which wrote off its £40m investment in the company earlier this year.

Oh - Dear

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Laura

Think of the scale this is happening on, just here in Blighty, then factor in all the emputy shopping mails.

Mike

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Laura

Think of the scale this is happening on, just here in Blighty, then factor in all the emputy shopping mails.

Mike

Were you once a script writer for 'allo 'allo?

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Heh. Is this a productive business?

No matter now: I expect their market has imploded somewhat. With property having swallowed up all the country's wealth, of course it'll affect the market for anyone who aims to be a productive business. Are we to be left with nothing but the public sector, zombie banks, and lame-duck bailouts such as car makers?

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Heh. Is this a productive business?

No matter now: I expect their market has imploded somewhat. With property having swallowed up all the country's wealth, of course it'll affect the market for anyone who aims to be a productive business. Are we to be left with nothing but the public sector, zombie banks, and lame-duck bailouts such as car makers?

Seems like it was a business that was in trouble in 2007. Like Woolworths et al. Flooding the country with cheap money to keep zombie companies afloat has not saved these companies and in the meantime it has worsened the position of those companies which are better run and would be able to weather a downturn.

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Heh. Is this a productive business?

No matter now: I expect their market has imploded somewhat. With property having swallowed up all the country's wealth, of course it'll affect the market for anyone who aims to be a productive business. Are we to be left with nothing but the public sector, zombie banks, and lame-duck bailouts such as car makers?

i thought id make that bit of yor post a little bigger in case the people in some position to do anything have missed the entire cause of this bust.

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