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I Become A Noble in England

"To maintain the diversified development of Britain, I think the monopoly in certain industries should be thoroughly investigated. Monopolists, including the Devonshire family, need to make more room for full competition in the market!" In 2022, in the inaugural speech of the Parliament, the speech of the new female Prime Minister made the entire venue silent. A month later, the female Prime Minister was impeached and stepped down for shielding her subordinates. Every British person, from birth to death, cannot do without the Devonshire family. And the legend of this family began to surpass the past from that day in 2002. That year, Barron Cavendish inherited the title of Duke. I will try to upload 3-5 chapters every day

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406 Chs

Chapter 337 Adding fuel to the flames

"Your Highness, there is one thing you need to know..."

  After hearing the report on the phone, Barron's expression turned cold, and he said calmly

  , "I understand. Let Annabelle respond to the media, and others should stop talking nonsense."

  The call was from Barron's intelligence adviser Nigel Inkster. He learned that just today, a Liberal Democrat MP was interviewed by the News of the World. In the interview, the MP named John Curran had been criticizing Barron and his DS Capital. He said that he would submit a bill to Parliament, demanding a thorough investigation into the funds of Middle Eastern sovereign funds in the Global Industrial Investment Fund, and whether it would threaten Britain's financial security. In addition, whether the GII Fund's acquisition of the London Stock Exchange would lead to data leakage due to the existence of Middle Eastern funds.

  According to Nigel, this report will soon appear in the latest issue of the newspaper, so Barron instructed his public relations consultant Annabella Nolan to handle the matter.

  They all keenly felt that this matter was very unusual. After all, given Barron's current status, such a congressman suddenly challenged him with such a sharp question. If he didn't have a problem with his brain, then it was a sign of an impending storm.

  As a member of the British Parliament, well, there is a chance that he has a problem with his brain, but it is not that high.

  Sure enough, things were not that simple. On the second day after the story was published in the newspaper, another congressman spoke out, saying that many of DS Capital's investments were very aggressive and that a considerable amount of public relations pension fund funds had gone into them. Relevant departments should be vigilant about this and investigate the details.

  In addition, in the large-scale financing that DS Capital carried out from Standard Chartered Bank, which is controlled by it, the mortgage ratio was very high. Whether this involves any violations also needs to be investigated by relevant departments.

  These events happened suddenly, which also attracted the attention of the public and the media to DS Capital and Baron himself. In addition to the News of the World, other media including the Times and the Guardian, as well as some programs on Sky TV, also made related reports.

  "Currently, some members of the parliament have proposed relevant motions, and they are under discussion. I also think this is unusual..."

  In the evening, Barron met Cameron in the villa in Richmond Park. He told Barron the latest developments in Parliament:

  "The key is that the media are constantly following suit, and you are the richest man in Britain after all. This kind of thing is also easy to attract public attention. I think it is very likely that an investigation will be conducted..."

  "I'm not afraid of investigations into these matters, but since they've taken action now, I'm afraid there will be more actions to come. It won't be that simple."

  Barron's words also somewhat reassured Cameron. After all, given their personal relationship, if something happened to Barron, it would definitely involve him...

  "As for public opinion, this time it was News Corporation that took the lead, and the newspapers that followed were mostly just following suit..."

  Not only on the Conservative side, but also on the Labour side, Barron contacted Brown. Although the prime minister is still the leader of the Labour Party, Brown still has great influence within the Labour Party and is the second-in-command of the Labour Party.

  The MPs who attacked Barron this time were from the Liberal Democrats and the Labour Party...

  "I want you to investigate these two people in detail. Do they have any scandals? Also, who is behind them? Everything must be clarified."

  At this time, Barron's intelligence system also began to operate in full swing.

  …

  "The share price of Summit Media has fallen for two consecutive trading days due to the recent news. By the close of today, it has fallen by 15%, from the previous 25 pounds to the current 21.26 pounds..."  

  Barron did not have any big emotional fluctuations after hearing Daisy's news. That is, among the companies under his name, there is only one listed company, Summit Media. Whether it is really the market's reaction to recent events or someone took the opportunity to dump the stocks, the impact will not be too big. After all, he mortgaged the shares of Summit Media to Standard Chartered Bank, not Northern Rock Bank...

  However, it is not completely without impact. If the government really investigates Standard Chartered Bank's loan financing matters, and if Summit Media's share price falls too low, and Standard Chartered Bank does not take corresponding measures - the reduction in the market value of the mortgaged assets will definitely have a chain effect on mortgage loans - then when investigating this matter, they can use this as an excuse.

  "Keep waiting. If it continues to fall, then hold the stock price at 20 pounds. Use an offshore account and don't have direct contact with DS Capital..."

  I'm afraid at this time, the other party is also certain that Barron has little money left after acquiring the Gucci Group...

  But for Barron, it was not a problem at all. At the beginning, Summit Group only issued 25 million shares, accounting for 20% of the total share capital. At the price of 20 pounds, it was nothing more than 500 million pounds. The rest...

  What's more, it's probably impossible for the other party to get all of these shares of the circulating shares. 10% would be the best they can get.

  What annoyed Baron the most was the investigation into DS Capital, because DS Capital itself was not a listed company and he did not need to disclose its business operations, including the source and ownership of funds, as well as the direction of investment.

  But if the government investigates this, it will have to face all kinds of possibilities.

  His confidence now lies in the profits and principal from DS Capital's previous investment in international crude oil futures, totaling more than US$8 billion, which are in offshore accounts. Generally speaking, these do not need to be disclosed to the British side, so he can deal with what happens next.

  Barron was more curious about what the other party would do next.

  "Don't worry about those reports, dear. As for those reporters, just ignore them. I will add some bodyguards for you soon. Just focus on your work."

  As Barron's girlfriend, Bonnie has also been interviewed by many reporters recently, but she has not responded to any of them.

  At times like this, Barron will also strengthen his protection of her.

  Not only her, but Rebecca also added security personnel. After all, her own daughter also needs to be protected.

  "Are you really okay, dear?"

  Seeing Bonnie's unconcealed concern, Barron shook his head, hugged her, and said lightly,

  "They are just clowns. They will be solved soon."

  "Then I'm relieved, dear."