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  Marek I agree with you..ideal for Matalan..save me tripping over Broadstairs way for me cheap deals!
  
  However as was pointed out before by the bods that know, it seems the councils cannot offer cheaper rates to seduce business in, as the rates are set by central government, or so we have been told anyway.
  
  Ross didnt know if Hilco did actually bid or just huff and puff around the edges. The real problem at the moment on these massive debts and on the business transactions themselves, involving this level of debt, is the insurance aspect. You cannot get these huge debts insured/covered, the Insurance orgainisations are saying no, remembering Im sure what happened to AiG recently. AiG suffered massive collapse, one of the biggest of all times said the report. This also involves suppliers and so on and its stopping the potential takeover deals going ahead and not just with Woolies. In fact there was an item about this very thing on R4 this morning.

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