Slightly mythical at the best of times ([identity profile] glitterboy1.livejournal.com) wrote in [personal profile] slemslempike 2011-03-31 09:42 am (UTC)

It usually seems to be used as a collective term for UK companies. (e.g. here). I don't think it's necessarily pejorative.

[Edited because that unclosed parenthesis was going to annoy me.]

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