ALB explains “In fact, from

ALB explains “In fact, from one point of view, a crisis is caused by capitalists choosing not to buy (not invest profits because they judge they won’t make any profits or not enough).” Returning to previous posts on just how much exactly we have now figures for just British companies and also for  Europe rather than US or world stats.”British listed companies are sitting on a cash hoard worth a total of about £19 billion as they hold off from investing due to the shaky economic outlook. Research from corporate financial health monitor Company Watch found that 211 UK-listed non-financial companies are sitting on cash of at least 
£1 million. Construction giant Amec led the way with £521m, followed by fashion house Burberry, which has £338m in the bank. Argos and Homebase owner Home Retail Group has £194m stashed away and Carphone Warehouse has £103m. Companies in other Western European countries are holding even more money, although nowhere has as many hoarders as Britain. In total, European firms are sitting on £110bn net cash. A survey of chief financial officers (CFOs) from accountancy firm Deloitte, which showed worries about recession and a break-up of the euro are having a direct impact on the confidence, behaviour and business strategies”In regards, to B of E injecting all that Quantitative Easing – as the saying goes – you can lead the horse to water but you can’t make it drink. No prospect of profit – no investment and the money put under the mattress big style!!!http://www.scotsman.com/business/economics/cash-is-king-for-uk-listed-companies-seeking-security-in-face-of-global-woes-1-2400234