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-   -   Britain outside the EU (https://www.cableforum.uk/board/showthread.php?t=33709659)

1andrew1 20-06-2022 23:13
Re: Britain outside the EU
 
Brexit benefit finally identified by the government!
Quote:
No 10 planning to tear up restrictions on City bosses’ pay amid cost of living crisis

Downing Street has asked ministers to ease restrictions on City bosses’ pay in a bid to show overseas companies the “benefits of Brexit”, i can reveal.

Steve Barclay, the Prime Minister’s chief of staff, wrote to Chancellor Rishi Sunak with a plan for “deregulatory measures to reduce the overall burden on business” and attract more firms to the UK.

One key plank of the plan included “removing restrictions on director (and specifically NED [non-executive director]) remuneration as suggested by the London Stock Exchange Group to improve London’s attractiveness for listings”.

But with the cost of living crisis and a squeeze on earnings hitting millions of ordinary workers, the proposal may spark controversy.

It followed intense talks between the PM’s Minister for Policy Andrew Griffith, the No 10 Policy Unit, Business Secretary Kwasi Kwarteng and Minister for Brexit Opportunities Jacob Rees-Mogg.

A copy of the confidential letter from Cabinet Office minister Mr Barclay to the Chancellor has been seen by i. It says: “I trust you’ll agree this is a more proportionate regulatory response and reflective of the new approach to regulation outlined in the ‘Benefits of Brexit’ publication in January.”
https://www.msn.com/en-gb/money/othe...?ocid=msedgntp

tweetiepooh 21-06-2022 10:03
Re: Britain outside the EU
 
But if "city bosses" make more moolah and then spend it in the UK that is a positive. (They will probably find a way to avoid tax).



True it is divisory in one sense and like will cause problems looking at the disparity between the top and bottom earners but that disparity is always going to be there. As a Christian I believe that God will call to account those who "have" on what they've done with what He has given them. I have no problem with people having lots but they need to be generous and not only to those who can "pay it back".

ianch99 21-06-2022 11:36
Re: Britain outside the EU
 
Quote:
Originally Posted by tweetiepooh (Post 36125855)
But if "city bosses" make more moolah and then spend it in the UK that is a positive. (They will probably find a way to avoid tax).



True it is divisory in one sense and like will cause problems looking at the disparity between the top and bottom earners but that disparity is always going to be there. As a Christian I believe that God will call to account those who "have" on what they've done with what He has given them. I have no problem with people having lots but they need to be generous and not only to those who can "pay it back".
I am no theologian but I thought Christ was quite explicit in his preachings that excessive wealth was an anathema to him?

https://en.wikipedia.org/wiki/Christ...th#The_Gospels

Of course, later on when man reinterpreted his original message to "allow" wealth as long you are "generous" did we arrive at the normalising of obscene wealth and the illusion of trickle down economics.

papa smurf 21-06-2022 11:43
Re: Britain outside the EU
 
Quote:
Originally Posted by ianch99 (Post 36125866)
I am no theologian but I thought Christ was quite explicit in his preachings that excessive wealth was an anathema to him?

https://en.wikipedia.org/wiki/Christ...th#The_Gospels

Of course, later on when man reinterpreted his original message to "allow" wealth as long you are "generous" did we arrive at the normalising of obscene wealth and the illusion of trickle down economics.
You'd need a degree in Science fiction to sort that one out.

1andrew1 21-06-2022 12:30
Re: Britain outside the EU
 
Quote:
Originally Posted by ianch99 (Post 36125866)
I am no theologian but I thought Christ was quite explicit in his preachings that excessive wealth was an anathema to him?

https://en.wikipedia.org/wiki/Christ...th#The_Gospels

Of course, later on when man reinterpreted his original message to "allow" wealth as long you are "generous" did we arrive at the normalising of obscene wealth and the illusion of trickle down economics.
Paging Chris!

TheDaddy 21-06-2022 15:05
Re: Britain outside the EU
 
Quote:
Originally Posted by tweetiepooh (Post 36125855)
But if "city bosses" make more moolah and then spend it in the UK that is a positive. (They will probably find a way to avoid tax).



True it is divisory in one sense and like will cause problems looking at the disparity between the top and bottom earners but that disparity is always going to be there.
The disparity is growing daily, the workers pay has stagnated since the seventies when I believe the 'bosses' pay was 40 times the average worker, it's now 300 times the average, it trickles one way and it ain't down, so much for high skill, high wage economy, the first time the little man asks for a pay rise he's told that's not for you and has to threaten strikes

ianch99 21-06-2022 17:23
Re: Britain outside the EU
 
Quote:
Originally Posted by TheDaddy (Post 36125884)
The disparity is growing daily, the workers pay has stagnated since the seventies when I believe the 'bosses' pay was 40 times the average worker, it's now 300 times the average, it trickles one way and it ain't down, so much for high skill, high wage economy, the first time the little man asks for a pay rise he's told that's not for you and has to threaten strikes
2010: 20 billionaires
2021: 170 billionaires

I'd say your analysis is spot on. One big con trick ..

OLD BOY 21-06-2022 20:08
Re: Britain outside the EU
 
Quote:
Originally Posted by ianch99 (Post 36125892)
2010: 20 billionaires
2021: 170 billionaires.
That’s inflation for you! :D

1andrew1 21-06-2022 20:17
Re: Britain outside the EU
 
Quote:
Originally Posted by ianch99 (Post 36125892)
2010: 20 billionaires
2021: 170 billionaires

I'd say your analysis is spot on. One big con trick ..
I blame Starmer. :D

nomadking 21-06-2022 20:21
Re: Britain outside the EU
 
Quote:
Originally Posted by ianch99 (Post 36125892)
2010: 20 billionaires
2021: 170 billionaires

I'd say your analysis is spot on. One big con trick ..
How much of that money was earned outside the UK? Nothing to do with the UK.
Their wealth is not in the form of cash in the bank. It also depends on there being other billionaires who can afford to give them billions if they were going to sell.

ianch99 21-06-2022 20:28
Re: Britain outside the EU
 
Quote:
Originally Posted by OLD BOY (Post 36125908)
That’s inflation for you! :D
OB, I commend you! Brilliant :D

---------- Post added at 20:28 ---------- Previous post was at 20:27 ----------

Quote:
Originally Posted by nomadking (Post 36125910)
How much of that money was earned outside the UK? Nothing to do with the UK.
Their wealth is not in the form of cash in the bank. It also depends on there being other billionaires who can afford to give them billions if they were going to sell.
Shilling for the ultra wealthy is not a good look

Hugh 21-06-2022 21:13
Re: Britain outside the EU
 
Quote:
Originally Posted by ianch99 (Post 36125892)
2010: 20 billionaires
2021: 170 billionaires

I'd say your analysis is spot on. One big con trick ..
Quote:
Originally Posted by OLD BOY (Post 36125908)
That’s inflation for you! :D
If it had been in line with U.K. inflation, there would be 25 billionaires…

;)

nomadking 21-06-2022 21:35
Re: Britain outside the EU
 
Quote:
Originally Posted by ianch99 (Post 36125912)
OB, I commend you! Brilliant :D

---------- Post added at 20:28 ---------- Previous post was at 20:27 ----------



Shilling for the ultra wealthy is not a good look
Just facts. There were more than 10 in 2010. The financial crash lowered the number by 2010.

What have businesses outside the UK got to do with any "trickle down" in the UK?:rolleyes:

Hugh 21-06-2022 22:22
Re: Britain outside the EU
 
Quote:
Originally Posted by nomadking (Post 36125920)
Just facts. There were more than 10 in 2010. The financial crash lowered the number by 2010.

What have businesses outside the UK got to do with any "trickle down" in the UK?:rolleyes:
He said 20…

nomadking 22-06-2022 05:35
Re: Britain outside the EU
 
Quote:
Originally Posted by Hugh (Post 36125921)
He said 20…
Still more than 20, 30, 40.


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