Sturgeon wants to join the EU club for one simple reason. Under the deal with the UK ie Westminster over the next 5yrs she can borrow 4 billion on her credit card. If she joins the EU then over the same period she can borrow 20 billion. This will make it appear she is doing a fantastic job and everyone is rolling in it..... then the credit card bill comes through the door but by that time she will have long sailed off into the sunset.
Woohoo! We're out! That means tariffs on French Elec imported in + the pound sinking = prices to import gas and oil are going up, way up. The only way to save Britain from economic disaster (now we can't rely on North Sea Oil to prop us up) is to GET FRACKING! Everyone knows this. There's enough gas under England to keep us going for over 50 years. Better fill my car while I can afford it!
tis all a bit odd. The bond investor is not affiliated with IGas. ProActive Investors put quotation marks around affiliated. I have to say, if someone is trying to buy the company by getting the bonds then refusing to renegotiate terms so they breach and then pick up the pieces, it's a long shot. They have to hope they get a majority of the bonds and that IGas can't do a farm-out deal that ensures the they don't breach their covenants. Who knows? Fun times ahead!
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