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Virgin Media to be sold

nadger
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Posts: 4,498
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Registered: 13-04-2007

Virgin Media to be sold

Have avoided any funny comments
http://www.bbc.co.uk/news/business-21347814
9 REPLIES
Community Veteran
Posts: 16,820
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Registered: 06-11-2007

Re: Virgin Media to be sold

Richard 1st.. Branson.... Didn`t he do well....
Cheesy
Community Veteran
Posts: 18,544
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Registered: 12-08-2007

Re: Virgin Media to be sold

Yes Branson will get $316m.  Not bad is it Smiley Good luck to him.
Midnight_Caller
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Registered: 15-04-2007

Re: Virgin Media to be sold

So it's Good by Virgin Media hello Liberty Global, I always hated the name Virgin Media, I still call it NTL Group Ltd. or NTL for short.
Community Veteran
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Re: Virgin Media to be sold

I don`t call it anything...  apart from.... "oh no.... More Junk Mail to R.T.S.........."   Grin
Community Veteran
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Registered: 24-09-2008

Re: Virgin Media to be sold

What I dislike about these companies being bought out and going offshore (virgin media, most of the water and electricity companies, Camelot etc).
They then have the ability to employ professional tax accountants to minimise the HMRC “take” from corporation tax. Just adds a burden to the rest of us.
I’ve bought this up before, but I think Osborn should investigate (for international companies), the ‘tax-take’ being based on turnover in the UK.
There is a growing trend (apparently) in the retail business in the US for property rent to be based on 20% of turnover, anyone else heard of this. Would certainly stop high street shops closing.
kmilburn
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Registered: 30-07-2007

Re: Virgin Media to be sold

Quote from: Midnight
I still call it NTL Group Ltd. or NTL for short.

I've never made it past calling them Cable and Clueless...
Moderator
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Re: Virgin Media to be sold

Quote from: kmilburn
I've never made it past calling them Cable and Clueless...
Still Videotron to me.

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Community Veteran
Posts: 18,544
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Registered: 12-08-2007

Re: Virgin Media to be sold

Quote from: journeys
What I dislike about these companies being bought out and going offshore (virgin media, most of the water and electricity companies, Camelot etc).

@journeys, I think you will find they ay be based offshore.  The control of the group is certainly not UK based.
Quote
Virgin Media's UK operations are ultimately controlled by a US Delaware organisation named Virgin Media (UK) Group Inc
Interested stakeholders cannot confirm who actually owns and controls Virgin Media due to Delaware company law not requiring disclosure of controlling ownership in annual reports made to the state.
Community Veteran
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Registered: 24-09-2008

Re: Virgin Media to be sold

@artmo:- thanks, didn't know that about VM group