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Sunday, August 04, 2013

No Old Bangers Here

The present economic crisis in the UK has been so severe that many workers face unemployment, wage freezes and in some severe cases repossession of their houses. No such problems exist for the owning class. 'Wealthy Britons have spent £91 million buying new Ferraris this year, making Great Britain the biggest European market for the Italian car company. According to Ferrari's  global sales figures for the first six months, 415 models have been sold in the UK, an increase of 6 per cent, with the average purchase price standing at £220,000.' (Times, 2 August) RD

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