Guest 698- Registered: 28 May 2010
- Posts: 8,664
Oh Barry, when I last used the word Soviet, Reg thought I was overdoing it a bit. Put on your flak jacket and tin hat.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
is there an equivalent godwins law that applies whenever "soviet" "socialist" or north korea is dragged into a discussion?
Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,888
Goes back to the start of the thread
where everyone9well most0 ) look for fairness
These finance greedy pig johnnies many would not get so rich were it not for many others in wage freezes.
the economy hits those at the bottom whilst we continue to see those at top giving themselves big rises.
Would these greedy pigs all go abroad if we took them on??? its questionable
should we try ?
it will be interesting to see the outcome of the Royal bank of Scotland, and whatif any0) action is taken
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Get back to the real world Keith. You have been listening to Reg's rubbish too long.
Peter - only 'overdoing it a bit' - I can live with 'a bit'....
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,888
in the real world as you call it
under your lot
pensioners aere deciding to eat or heat
thats real
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 725- Registered: 7 Oct 2011
- Posts: 1,418
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
indeed philip, whilst we are in the throes of deep poltical philosophy this seems appropriate.
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
# 3580.............``competitive and successful UK financial services``
Some Industry !!..........
RBS told customers to stop paying tax.............................
RBS's affect on firms 'made me sick', says Lawrence Tomlinson in report to the Department of Business, Innovation and Skills
Royal Bank of Scotland's controversial Global Restructuring Group, which has been accused of forcing businesses to the wall so they could be stripped of their assets, also demanded that companies falling within its remit stopped paying tax, according to Lawrence Tomlinson's report into the unit and its activities.
The report, by the "entrepreneur-in-chief" at the Department for Business, Innovation and Skills, warns of a "significant" impact on tax revenues flowing into the Government's threadbare coffers as a result.
Read more:
Derek Sach: Last of Fred Goodwin's trusty lieutenants comes under fire over 'restructuring' tactics
RBS hires top law firm to probe claims it forced small businesses into collapse
Editorial: Has RBS learned nothing from the financial crisis?
According to the report, which Mr Tomlinson produced at his own initiative, "evidence has been received that suggests businesses are being directed by the banks not to pay HMRC when in GRG".
It adds: "When taken in context of the Enterprise Act 2002 and the removal of Crown Preference in insolvency, the impact on HMRC is significant. HMRC sits behind the bank in insolvency and is unlikely to collect this money owed to them from the insolvency pot, if that is where the business ends up."
Mr Tomlinson said that his talks with businesses made him "sick" and said he found RBS's actions "disturbing".
"It is ruining people's businesses, and in some cases having a huge impact on their personal lives, too, even leading to family breakdown," he said.
The Business Secretary, Vince Cable, said the claims in the report were "very serious", and said he was waiting for an "urgent response" before deciding what action to take.
The GRG division handles loans deemed particularly risky, and stands accused of forcing companies out of business while at the same time racking up fee income for RBS and selling assets via the bank's property division, West Register.
The tax revelation is likely to prove politically explosive given the billions of pounds of taxpayers' money injected into RBS to keep the business afloat during the financial crisis.
Guest 725- Registered: 7 Oct 2011
- Posts: 1,418
Indeed and remind us all exactly which government injected taxpayers' money into RBS?
Ahh that would be the last labour government wouldn't it? Oh hang on Winston Smith managed to change that the other week and we can now put that one on the tories.
Gosh history-it's really interesting isn't it?
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Reg really could not be more blinded by his prejudice towards an industry he does not understand and is simply unwilling to accept the main problems occurred because of the failures of the regulatory system his government put in place.
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
Enormous amount of evidence exists with more continually adding on a daily basis that many
Bankers and finance johnnies are not trustworthy and many need to be doing time.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Now if you replaced in that sentence 'finance johnnies' with 'black' or 'French' or 'Romany' you would rightly be attacked by all for being the bigot you are. You are truly exposing yourself as a total berk Reg.
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
More evidence of finance johnnies greed and anti-social activities............
Payday loans cap: George Osborne caves in following intervention led by Archbishop of Canterbury
George Osborne caved in to demands to impose a cap on payday lending costs to avert a parliamentary rebellion backed by the Archbishop of Canterbury, The Independent has learn
Senior Conservatives were understood to have been fearful of losing a vote on a hostile amendment in the House of Lords on Tuesday which would have set a charge cap of 10 per cent on all short-term loans and placed other restrictions on their sale.
The amendment to the Banking Reform Bill was being backed by Archbishop Justin Welby, who was considering speaking out in its favour in the Lords debate. His support was expected to garner the backing of a significant number of cross-bench peers and inflict an embarrassing defeat of the Government.
"As you know, a large proportion of cross-benchers tend to be swayed by the idea of having God on their side," said one Lords source in favour of the amendment.
"George Osborne's change of heart had more to do with politics than conviction.
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
Energy firms: Big Six profits rise from £30 to £105 per UK household - more than threefold in three years
New data demolishes companies' claims that price hikes are beyond their control
Claims by the Big Six energy companies that price hikes are beyond their control have been demolished by new data showing the average profit they make per household has more than tripled in three years.
The amount the firms make from selling gas and electricity soared from £30 per household in 2011 to £53 last year - and it is now estimated to have increased again, to about £105, according to Ofgem.
As a result, the total profit that British Gas, Scottish Power, SSE, EDF, npower and E-on make from households leapt by 75 per cent last year to £1.2bn. This looks set to rise by even more in 2013, to somewhere in the region of £2bn.
"There is some evidence of rising profit margins," market regulator Ofgem said. "This rise has been due to a combination of higher prices and volumes rather than lower costs."
TUC General Secretary Frances O'Grady said Ofgem's figures demonstrated that the Big Six had been disingenuous in blaming bill rises on factors such as the cost of green levies to insulate houses and rising wholesale gas prices. She called on the Government to intervene to keep bills down.
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
# 3592.....Verbal abuse takes many forms: from loud rants to quiet comments; from obvious put-downs to not-so-obvious
remarks that try to undermine others.
. What all the methods have in common is the need to control; to be superior; to avoid taking personal responsibility; and
to mask or deny the users own failures.;
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
Greedy banks are still behaving like greedy banks
Taxpayer bailouts meant that the irresponsible were not punished
The Global Restructuring Group, RBS's problem lending division, defended its practice of seizing the assets of troubled
property businesses by saying that they were "unviable".
full story The Times.
Guest 745- Registered: 27 Mar 2012
- Posts: 3,370
But didn't labour D regulate the banks ?
And give them billions of uk taxpayers cash to carry on being greedy bankers ??
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#3595 - you abused 'finance johnnies' - a thinly veiled attack on me as well. I merely placed your abuse into a true perspective that showed you up as a true bigot. You condemn yourself out of your own words.
Keith. You are correct in 1997 Labour changed banking regulation and in particular reduced the prudential side of regulation and that was a direct cause of the 2008 collapse. The introduction of the tri-partied system where the Bank of England was removed from it oversight responsibilities was a total disaster specially when combined with the foolish inflation guidance they were given.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,888
But everyone is looking to this cobbled together lot to sort it out as they keep saying they will do
instead like most things its all talk
and of course u turn after u turn
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 1103- Registered: 3 Nov 2013
- Posts: 759
thats one reason I never believed in Privatisation on firms like Gas, Electric and Water... its spiralling out of control and all they can do is watch and let it be ....
I agree Keith
Try to be a rainbow in someone's cloud. Maya Angelou ☺🌈🌄🌌🌏🌍🌎
