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Author Topic: DWP billions in debt?  (Read 1471 times)

Stuart2007

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DWP billions in debt?
« on: November 27, 2009, 14:29:56 »

Is it true that DWP has taken a walk down skint street?

I'll buy P&O from them ;D

It is hard to believe that the money has run out around the world; I mean, I thought you could keep spending without earning forever. (sarcasm warning)
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Traddles

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Re: DWP billions in debt?
« Reply #1 on: November 27, 2009, 15:13:35 »

On reading the newspaper this AM it is looking very much as if the whole of Dubai is in a parlous condition, never mind DWP.
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The Ferry Man

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Re: DWP billions in debt?
« Reply #2 on: November 27, 2009, 18:50:15 »

Does look bad. but DP World (I think they run the Ports) is doing okay, not sure where P&O Come in

Don;t forget they also own the QE2...
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Stuart2007

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Re: DWP billions in debt?
« Reply #3 on: November 27, 2009, 19:01:23 »

DWP IS Dubai though; its a semi state company which has its finances very much intertwined with the Emirate. Perhaps they can start selling sand as an export!

TFM,
P&O (ferries/ports) Is owned by DWP- come on TFM, didn't you know THAT???

They are selling/ have sold QE2.

Where do you get the info that they are doing ok? When they are 2 billion in the red. (makes me feel quite rich!) As Lord Sir Alan of Sugarpuff says that many companies don't need a bank loan they need an insolvency practitioner, he has a point...
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The Ferry Man

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Re: DWP billions in debt?
« Reply #4 on: November 27, 2009, 19:02:44 »

Sorry. I meant DP World.
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Kapn Jonah

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Re: DWP billions in debt?
« Reply #5 on: November 27, 2009, 19:03:22 »

What is DWP?
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Jonah

Stuart2007

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Re: DWP billions in debt?
« Reply #6 on: November 27, 2009, 19:05:33 »

No idea. Look on Google

http://www.google.co.uk/search?hl=en&source=hp&q=what+is+dwp%3F+I+can+not+use+a+search+engine&meta=&aq=f&oq=
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Kapn Jonah

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Re: DWP billions in debt?
« Reply #7 on: November 27, 2009, 19:07:08 »

Department for Work and Pensions?

Could be anything, because lots of things pop up on Google...
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Jonah

Stuart2007

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Re: DWP billions in debt?
« Reply #8 on: November 27, 2009, 19:10:18 »

Fair point, Capt J.

Dubai World Ports (DPW or sometimes DWP (dyslexic?))

They own P&O, QE2, some sand, camels and massive debts... Even worse than my overdraft... But only just
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Kapn Jonah

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Re: DWP billions in debt?
« Reply #9 on: November 27, 2009, 19:11:46 »

Oh, lol.

And no I'm not dyslexic :P
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Jonah

Stuart2007

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Re: DWP billions in debt?
« Reply #10 on: November 27, 2009, 19:15:08 »

Oh, lol.

And no I'm not dyslexic :P

Oh, I wasn't suggesting you are... Possibly that DWP/DPW/WPD might be...
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Kapn Jonah

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Re: DWP billions in debt?
« Reply #11 on: November 27, 2009, 19:16:08 »

Oh  :doh:
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Jonah

The Ferry Man

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Re: DWP billions in debt?
« Reply #12 on: November 27, 2009, 19:35:44 »

Where do you get the info that they are doing ok? When they are 2 billion in the red. (makes me feel quite rich!) As Lord Sir Alan of Sugarpuff says that many companies don't need a bank loan they need an insolvency practitioner, he has a point...

Sorry, I missed this part.

It was on Shipspotting

http://www.shipspotting.com/modules/newbb/viewtopic.php?topic_id=7313&forum=2&post_id=40327#forumpost40327

Apparently DP World is the best asset of Dubai World
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Stuart2007

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Re: DWP billions in debt?
« Reply #13 on: November 27, 2009, 19:36:40 »

Like the bank of england is britains best assett??? ;)
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