22.03.2013 - Competing for Qatari money
Everyone wants a piece of Qatar it seems or, more specifically, Qatari money. The small Gulf state's influence in the UK, and London in particular, is becoming more evident. It is a joint owner of London's newest landmark, the Shard, it stepped in to provide funds for Barclays back in 2008 which helped the bank avoid being semi-nationalised, and has bought a 20% stake in the company that owns Heathrow airport. The list of what else it owns through its sovereign wealth fund - the government-controlled investment fund - goes on. Harrods, a 20% stake in Camden market, a 26% stake in supermarket Sainsbury's to name but a few...............................................Full Article: Source
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