The world’s largest companies are hoarding cash and cutting productive investment at the same time. The Financial Times reports a survey from one leading ratings’ agency, Standard & Poor’s, which shows that the 2,000 largest private firms globally are sitting on a cash mountain of $4.5 trillion, which is approximately double the size of Britain’s annual GDP. […]
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Left Futures is a new Labour Left network. If you want to get involved as a contributor, please contact James Elliott, using the form on this page. Header images: Wind farm [credit]. Balloons [credit] and crowd scene [credit].
