Margaret Thatcher privatised Jaguar in 1984 to howls of protest from people who liked big rusty cars that broke down a lot. Ford bought the brand for $2.5 billion in 1990, to more howls from Bufton Tufton (67) stalwart of the Enoch Powell Golf Club, Jaguar’s only customer. Sales fell to around 15,000 units a [...]
Tag Archives: Business
A raga of Tata, Land Rover and Jaguar, as British as Tetley's Tea
December 18, 2008 – 1:55 pm
RBS, HBOS, B+B, Northern Rock all owe us a huge debt. Give them a hard time.
November 30, 2008 – 1:42 pm
By John J Kelly
I made a rare visit to my bank last week, and was reminded why. I needed to send £62.00 to Switzerland. After a lot of wasteful form filling, I was charged £20.00 for this ’service’, which will take 4 working days to process. The exchange rate is likely to operate on a [...]
Crunch goes the art market
November 20, 2008 – 4:50 pm
Sotheby’s shares lost 80% of their value since January 2008. The bank of Ponzi has stopped printing Mickey Mouse currency for idiots to buy pickled sharks at loony prices on the greater fool market. Why are we not surprised? It’s deja vu all over again (pace Sam Goldwyn). Although the media have focused on the [...]
Beyond Them and Us
November 8, 2008 – 10:45 am
It is sobering to consider that half of humanity exists at a level of the economic inferno which we blithely label as “less than a dollar a day.” Just stop and think about what that means. Is there any part of your own life that you can recognise in that? I live in India, and [...]
It does not have to be that way
November 4, 2008 – 10:49 am
THUS aims to consolidate fresh thinking about life-changing issues, bridge the truth gap left by today’s political and business coverage and add fact-based appraisal of the best forward thinking from a host of informed sources. It will do so with good humour, optimism and empathy. You should not need a PhD to understand or enjoy [...]