Blog: Drinking - the answer to EVERYTHING
Olly Wehring | 7 October 2008
If you had purchased GBP1,000 of Northern Rock shares one year ago it would now be worth GBP4.95.
With HBOS, earlier this week your GBP1,000 would have been worth GBP16.50.
GBP1,000 invested in XL Leisure would now be worth less than GBP5.
But, if you had spent GBP1,000 on cans of beer one year ago, drank them all, then took the empty cans to an aluminium recycling plant, you would get GBP214.
A sign of the tough economic times we're all experiencing, or an indication of just how recession-proof the drinks industry is? You decide.
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Today is SABMiller's final day. Some time this evening, Brussel's time, the second-biggest brewer in the world will be subsumed into the biggest, creating a beer behemoth of unprecedented proportions....
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