Macquarie’s 'vampire kangaroo' jumps on UK drivers

Car parks are sometimes regarded as an easy route to riches, although some operators have actually been posting losses. (Image: Bloomberg)

Bloomberg

Sun, 27 Aug 2023

By Matthew Brooker Here’s a business to light up the eyes of the most jaded post-covid investor: wider profit margins than Apple, faster revenue growth than Starbucks, higher return on assets than Shell. The only drawback is that you may have to forgo the esteem of your fellow citizens. But everything comes at a price.No, we’re not talking about investment banking (not exactly). Or even loan-sharking. Forget designing semiconductors for the AI boom, finding the next breakthrough in medical science or solving the climate crisis....

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