tag:blogger.com,1999:blog-29618513.post115166918023380770..comments2023-09-13T09:59:36.013+01:00Comments on snowflake5: Uk Q1 2006 GDP revised upwards to 0.7%snowflake5http://www.blogger.com/profile/14700425293614182769noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-29618513.post-1151974632821249052006-07-04T01:57:00.000+01:002006-07-04T01:57:00.000+01:00You need to remember that the UK dominates in one ...You need to remember that the UK dominates in one essential global industry - financial services. London increasingly handles most of Europe's foreign exchange transactions, as well as a good chunk of initial flotations for companies as far away as China.<BR/><BR/>We've now beat New York back into second place (something unthinkable ten years ago). A good deal of that is down to the sensible snowflake5https://www.blogger.com/profile/14700425293614182769noreply@blogger.comtag:blogger.com,1999:blog-29618513.post-1151874621117751132006-07-02T22:10:00.000+01:002006-07-02T22:10:00.000+01:00Hence, "Trans-national Corporations".Hence, "Trans-national Corporations".Richard W. Symondshttps://www.blogger.com/profile/11783091361323437959noreply@blogger.comtag:blogger.com,1999:blog-29618513.post-1151679740448597602006-06-30T16:02:00.000+01:002006-06-30T16:02:00.000+01:00The way I see it is that national rules are increa...The way I see it is that national rules are increasingly irrelevant in our globalised world. Increasing commodity prices are likely to curtail the economies with limited natural supplies (i.e. UK), with flows of capital in an outward direction. Of course Shell and BP will enjoy themselves, and hopefully savvy pension investors will wet their beak too.Anonymousnoreply@blogger.com