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Yet More Austerity in Britain!

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Yet More Austerity in Britain!

Unread postby Quinny » Tue 08 May 2012, 20:49:43

The typical pay of bosses at the majority of the UK's largest publicly listed companies rose by only 11% last year to £3.65m, according to research done on behalf of the BBC.

Pay at firms in the UK in general rose by just 1.1%, according to the Manifest calculations.

While pay rose at big corporations for chief executives and executive chairmen, shares of FTSE 100 firms shed 6.6% of their value last year.

Nice to see the austerity is being shared fairly. :roll: :sarcasm off :x

http://www.bbc.co.uk/news/business-17996094
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Re: Yet More Austerity in Britain!

Unread postby EnergyUnlimited » Wed 09 May 2012, 03:26:13

$this->bbcode_second_pass_quote('Quinny', 'T')he typical pay of bosses at the majority of the UK's largest publicly listed companies rose by only 11% last year to £3.65m, according to research done on behalf of the BBC.

Presumably they don't really know, what to do with bailout money. :-D
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Re: Yet More Austerity in Britain!

Unread postby Serial_Worrier » Wed 09 May 2012, 13:17:35

$this->bbcode_second_pass_quote('Quinny', 'T')he typical pay of bosses at the majority of the UK's largest publicly listed companies rose by only 11% last year to £3.65m, according to research done on behalf of the BBC.

Pay at firms in the UK in general rose by just 1.1%, according to the Manifest calculations.

While pay rose at big corporations for chief executives and executive chairmen, shares of FTSE 100 firms shed 6.6% of their value last year.

Nice to see the austerity is being shared fairly. :roll: :sarcasm off :x

http://www.bbc.co.uk/news/business-17996094


There is private vs public sector austerity. There has been massive austerity in the private sector since 2008. In government, not so much except at the level of US state governments that have laid off teachers, firemen, policemen but not administrators.
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Re: Yet More Austerity in Britain!

Unread postby Westfield » Wed 09 May 2012, 13:45:53

There is a glimmer of hope though with the recent shareholder revolts about excessive pay. One can only hope this continues and that the government makes the votes binding. :!:
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Re: Yet More Austerity in Britain!

Unread postby Serial_Worrier » Wed 09 May 2012, 13:50:56

$this->bbcode_second_pass_quote('Westfield', 'T')here is a glimmer of hope though with the recent shareholder revolts about excessive pay. One can only hope this continues and that the government makes the votes binding. :!:


I don't see the problem with shareholders revolting against unwarranted executive pay. I have a problem with the government stepping in and deciding these matters. It's none of their business.
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Re: Yet More Austerity in Britain!

Unread postby davep » Wed 09 May 2012, 14:45:45

$this->bbcode_second_pass_quote('', 'I') have a problem with the government stepping in and deciding these matters. It's none of their business.


Did you have a problem with Goverments bailing out banks after the derivatives fiasco?
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Re: Yet More Austerity in Britain!

Unread postby careinke » Wed 09 May 2012, 15:17:57

$this->bbcode_second_pass_quote('davep', '')$this->bbcode_second_pass_quote('', 'I') have a problem with the government stepping in and deciding these matters. It's none of their business.


Did you have a problem with Goverments bailing out banks after the derivatives fiasco?


I did.
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Re: Yet More Austerity in Britain!

Unread postby davep » Wed 09 May 2012, 16:02:11

$this->bbcode_second_pass_quote('careinke', '')$this->bbcode_second_pass_quote('davep', '')$this->bbcode_second_pass_quote('', 'I') have a problem with the government stepping in and deciding these matters. It's none of their business.


Did you have a problem with Goverments bailing out banks after the derivatives fiasco?


I did.


So in reality, it is now their business.
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Re: Yet More Austerity in Britain!

Unread postby Quinny » Thu 10 May 2012, 08:40:41

$this->bbcode_second_pass_quote('Serial_Worrier', '')$this->bbcode_second_pass_quote('Quinny', 'T')he typical pay of bosses at the majority of the UK's largest publicly listed companies rose by only 11% last year to £3.65m, according to research done on behalf of the BBC.

Pay at firms in the UK in general rose by just 1.1%, according to the Manifest calculations.

While pay rose at big corporations for chief executives and executive chairmen, shares of FTSE 100 firms shed 6.6% of their value last year.

Nice to see the austerity is being shared fairly. :roll: :sarcasm off :x

http://www.bbc.co.uk/news/business-17996094


There is private vs public sector austerity. There has been massive austerity in the private sector since 2008. In government, not so much except at the level of US state governments that have laid off teachers, firemen, policemen but not administrators.


but no austerity for the executives... It's disgraceful :twisted:
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Re: Yet More Austerity in Britain!

Unread postby JPL » Fri 11 May 2012, 19:11:56

Hi Quinny (long time no see!)

I have thought this for some years now, that resource depletion was eventually going to end up as a dream come true for certain powers at the top. Basically, a chance to prove that they were right and everyone else was wrong.

I still think this is the case and little I have seen in recent years proves otherwise. Welcome to my future...

JP
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Re: Yet More Austerity in Britain!

Unread postby Quinny » Fri 11 May 2012, 21:18:50

Hi JP

TPTB are certainly playing the divide and rule card well. LMFAO watching Question Time the other week where some people are still arguing/voting on an aspirational basis rather than getting real.

You still Southwest?
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Re: Yet More Austerity in Britain!

Unread postby JPL » Wed 16 May 2012, 18:26:49

$this->bbcode_second_pass_quote('Quinny', 'H')i JP

You still Southwest?


Hi Quinny

Yea still here in Tiverton (groan). I'm back in software though, which is pretty cool (proves I can still do it!)

I've got a facebook page http://www.facebook.com/johnjpl - if you have an account, 'friend' me & we'll talk some more.

Take care mate,

John
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