A 500 year old financial instutution based in Edinburgh collapses on the back of a few rumours and elsewhere in that city someone sells a number plate for £400k.
We are so knackered.......
news.bbc.co.uk/1/hi/scotland/edinburgh_and_east/76...m
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"The bidder who was present eventually secured the lot to a round of applause."
Sad, really sad that somone with such wealth can only think of themselves.
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Someone should tell him (Simon?) that his money would be safer in the bank.............
:o0
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There's plenty of money around - believe me.
The only thing I found odd was "The number will remain in the UK" well it would have to wouldn't it ?
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Who knows, it may be a shrewd investment in these troubled times.
Clk Sec
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£400k for a number plate - I need a lie down.
Big cash-rich spenders should be applauded at all times, and especially in the current economic climate
It is better for the economy that someone who has wealth spends it in any way they can. That ensures that the wealth gets "redistributed" without resorting to Socialist diktat.
If these super-rich people were to stash their cash under their mattresses, that would be the worst thing they could do for our economy.
Far better that they spend it on buying non-essential stuff such as a £50000 watch, or a silly number plate, or a Ferrari, or a Bentley, or a Bugatti Veyron, or a luxury yacht, or the obligatory blonde WAG or whatever else takes their fancy.
Illiquidity does no one any good.
Edited by jbif on 20/09/2008 at 11:52
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"The registration number will remain in the UK and will be going on an old red Skoda which will be seen around the Midlands."
Yes - sounds like old money.
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