Which UK Companies would be most hurt by a Spanish exit from the Euro?
The Spanish economy is already in dire straits and any further deterioration would leave those UK companies with significant Spanish exposure facing severe problems. The list below highlights seven companies and the percentage revenue from Spain in their last results.
Northgate 36%
National Express 25%
Hornby 14%
Yell 13%
IAG 13%
Vodafone 11%
Colt 10%
Furthermore, at the time of writing Barclays was the most exposed of the UK banks in terms of retail lending, through its Bamco Zarogozana subsidiary.
The Spanish economy is already in dire straits and any further deterioration would leave those UK companies with significant Spanish exposure facing severe problems. The list below highlights seven companies and the percentage revenue from Spain in their last results.
Northgate 36%
National Express 25%
Hornby 14%
Yell 13%
IAG 13%
Vodafone 11%
Colt 10%
Furthermore, at the time of writing Barclays was the most exposed of the UK banks in terms of retail lending, through its Bamco Zarogozana subsidiary.