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Stock impact report

Top investor dubs U.K. a ‘banana economy' with a ‘build absolutely nothing anywhere near anything' mantra [Yahoo! Finance]

Manchester United Ltd. Class A Ordinary Shares (MANU) 
Last manchester united ltd. class a ordinary shares earnings: 2/25 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.manutd.com
Company Research Source: Yahoo! Finance
Now, one of the U.K.'s largest infrastructure investors has weighed in with fresh accusations, blaming the U.K.'s stunted planning process for keeping hundreds of billions of dollars away from regeneration projects. In a report published Tuesday , the Pension Insurance Corporation's CFO Dominic Veney said the pension risk transfer market had £200 billion ($254 billion) to invest in “viable projects” over the next decade, but that capital was failing to be put to use. 'Bananas' policy “Why are so few of these projects getting off the ground? Partly we see this as being related to the UK's status as a Banana economy,” in other words, “Build absolutely nothing anywhere near anything (or anybody).” While it's a catchy acronym, the comment can also be aligned with the phrase “banana republic,” or a country that is dependent on the export of one product or commodity, leaving it under the thumb of foreign corporations in that industry. “We see no shortage of domestic capital to su Show less Read more
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