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london nuked
5 December 2014, 20:46,
#25
RE: london nuked
Nearly right good Sir,
The SERVICE sector encompasses the entire country EG Hotels, Pubs, Cleaning Companies, Catering Companies, Advertising Companies, Employment agencies etc etc but the one constant remains unchanged the service industry is spread across the whole country but the Registered Head Offices are in London. So for example ALL of the Premier Inn and Comfort Inns and Travel Lodges are spread right across the country but the profits from those companies is shown at the registered head offices in London. so it shows as London making all the money, it doesn't it only hold the money.

EG Rolls-Royce headquarters
65 Buckingham Gate
London,
SW1E 6AT
England

Group Highlights
•Order book of £71.6bn, up 19%
•Underlying revenue of £15.5bn, up 27%
•Underlying profit before tax of £1,759m, up 23%
•Reported profit before tax of £1,759m, down 36%

So as you can see RR posted profits for its business headquartered in London as £15.5Bn But RR does NOT make anything in central London, its services are based in places like Derby , that's where they make the very profitable jet engines, but the progfits from the sales show up as London profits.

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Messages In This Thread
london nuked - by Sunna - 4 December 2014, 20:36
RE: london nuked - by Devonian - 4 December 2014, 21:05
RE: london nuked - by Bucket - 4 December 2014, 21:12
RE: london nuked - by Barneyboy - 4 December 2014, 23:04
RE: london nuked - by NorthernRaider - 4 December 2014, 23:09
RE: london nuked - by Steve - 5 December 2014, 07:49
RE: london nuked - by NorthernRaider - 5 December 2014, 09:20
RE: london nuked - by Barneyboy - 5 December 2014, 09:42
RE: london nuked - by NorthernRaider - 5 December 2014, 09:50
RE: london nuked - by Barneyboy - 5 December 2014, 10:06
RE: london nuked - by NorthernRaider - 5 December 2014, 10:22
RE: london nuked - by Barneyboy - 5 December 2014, 10:27
RE: london nuked - by bigpaul - 5 December 2014, 10:28
RE: london nuked - by NorthernRaider - 5 December 2014, 10:38
RE: london nuked - by Skean Dhude - 5 December 2014, 11:23
RE: london nuked - by NorthernRaider - 5 December 2014, 11:37
RE: london nuked - by River Song - 5 December 2014, 12:27
RE: london nuked - by bigpaul - 5 December 2014, 12:31
RE: london nuked - by NorthernRaider - 5 December 2014, 13:02
RE: london nuked - by bigpaul - 5 December 2014, 13:30
RE: london nuked - by NorthernRaider - 5 December 2014, 14:03
RE: london nuked - by bigpaul - 5 December 2014, 14:32
RE: london nuked - by Devonian - 5 December 2014, 15:13
RE: london nuked - by Steve - 5 December 2014, 19:25
RE: london nuked - by NorthernRaider - 5 December 2014, 20:46
RE: london nuked - by Steve - 5 December 2014, 23:44
RE: london nuked - by bigpaul - 6 December 2014, 10:07
RE: london nuked - by NorthernRaider - 6 December 2014, 10:20
RE: london nuked - by Sunna - 14 February 2015, 17:17
RE: london nuked - by John - 15 February 2015, 13:03
RE: london nuked - by Sunna - 15 February 2015, 14:58
RE: london nuked - by bigpaul - 15 February 2015, 15:10
RE: london nuked - by Devonian - 15 February 2015, 15:29
RE: london nuked - by Sunna - 15 February 2015, 15:30
RE: london nuked - by bigpaul - 15 February 2015, 15:35
RE: london nuked - by Devonian - 15 February 2015, 16:14

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