Independent Leyton Orient Forum

Right Wingers argue that this will incentivise workers and revitalise the economy. Not so sure, myself.

If they're not paid these amounts, they'll all go abroad and leave us to struggle without them.

Exactly. We'll end up with our leading companies being run by the corporate equivalent of tuffers.

Hoover Attack wrote: ↑Thu Jan 04, 2024 9:10 am If they're not paid these amounts, they'll all go abroad and leave us to struggle without them.

Thing is there are quite a few examples of corporate leaders making a mess-up of things and being paid off with huge golden handshakes.

It’s the equivalent of George Moncur earning the Os average yearly wage in 3 training sessions. Does it incentivise the other players?

These people. The fella who is the MD of Nat West Bank saying that it is easy to buy a house….Empathy is not part of his skill set, obviously.

It's not even about empathy - a bank Chairman doesn't really need that. It's about basic economic awareness - a bank Chairman should be expected to have that. His comment was moronic.

His comment was that now, as always, prospective buyers will have had to save over time to acquire a sufficient deposit to buy a house. But comparing the experience of a first time buyer now with one just a few decades ago is a false comparison. Most FTBs now are reliant upon parents or grandparents gifting them money, as saving has become next to impossible due to how much of their income goes on rent.

And, the average time it now takes a FTB to save for a deposit has, er, significantly increased. The model is broken.

Smashed into little pieces in fact rather than broken.

It’s all about priorities. If Gen Zers just cut out the luxuries like Pret and eating dinner out they could easily afford a mortgage deposit in a few years if they have a rich Dad

Bond and Gilt Vigilantes control the markets across the world and are so powerful these days they could do things that would make most World leader’s hair stand on end.

I'm always amazed at people's concern over top bosses pay. I get far more alarmed to find that some idiot in local government is paid £200-300k to run its services into the ground. Far more examples of those about than bad FTSE 100 bosses.

LittleMate wrote: ↑Sat Jan 06, 2024 1:20 pm I'm always amazed at people's concern over top bosses pay. I get far more alarmed to find that some idiot in local government is paid £200-300k to run its services into the ground. Far more examples of those about than bad FTSE 100 bosses.

Newspaper owners (who do not always pay tax in this country) want their readers to believe that local government workers earn these vast sums. Only very few do - I am not sure they deserve these sums either. I am more concerned about the v wealthy people such as Robert Maxwell and Phillip Green who run off with people's pension entitlements. I see that MIchelle Mone - one of the chief beneficiaries of the PPE scandal, is facing something of a reckoning.

Give it to Jabo wrote: ↑Sat Jan 06, 2024 6:18 pm
Only very few do

2,800 at the last count

Worth every penny. Leave highly paid public sector workers and their expense accounts alone.

Dunners wrote: ↑Sat Jan 06, 2024 7:21 pm Worth every penny. Leave highly paid public sector workers and their expense accounts alone.

What like the finance head at Thurrock? Was only on £150k a year and busted the council.

Give it to Jabo wrote: ↑Sat Jan 06, 2024 6:18 pm

LittleMate wrote: ↑Sat Jan 06, 2024 1:20 pm I'm always amazed at people's concern over top bosses pay. I get far more alarmed to find that some idiot in local government is paid £200-300k to run its services into the ground. Far more examples of those about than bad FTSE 100 bosses.

Newspaper owners (who do not always pay tax in this country) want their readers to believe that local government workers earn these vast sums. Only very few do - I am not sure they deserve these sums either. I am more concerned about the v wealthy people such as Robert Maxwell and Phillip Green who run off with people's pension entitlements. I see that MIchelle Mone - one of the chief beneficiaries of the PPE scandal, is facing something of a reckoning.

Agree on the specific points you make. There needs to be rules about companies taking "loan repayments" or paying dividends when there are pension scheme arrears. There will be in the years to come, I hope. Michelle Mone and her husband are just wrongun's. Mone was promoted into political life because of her financial success - and guess what? She used her acumen to make herself (directly or indirectly) a shed load of money. Needs the book throwing at her.