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Tesco
Posted: Wed Apr 08, 2020 9:12 pm
by Thor
I’m not sure paying out a £900m dividend whilst receiving state aid is the right thing to do in the present climate. Yes I get it that the results are for the prior financial period, but I’d say it’s crass to do this right now.
Does anyone disagree with me?
Re: Tesco
Posted: Wed Apr 08, 2020 9:17 pm
by StillSpike
Thor wrote: ↑Wed Apr 08, 2020 9:12 pm
Does anyone disagree with me?
On this particular subject, or on everything else that you say ?
Re: Tesco
Posted: Wed Apr 08, 2020 9:25 pm
by Long slender neck
What state aid?
Re: Tesco
Posted: Wed Apr 08, 2020 9:26 pm
by EliotNes
It’s a bit contentious, I’ll agree.
Re: Tesco
Posted: Wed Apr 08, 2020 9:49 pm
by Max B Gold
Thor wrote: ↑Wed Apr 08, 2020 9:12 pm
I’m not sure paying out a £900m dividend whilst receiving state aid is the right thing to do in the present climate. Yes I get it that the results are for the prior financial period, but I’d say it’s crass to do this right now.
Does anyone disagree with me?
Did we ever get the full truth about the false accounting to support their share price so that the senior management and shareholders could get their dividends and bonuses? Anyone convicted?
Re: Tesco
Posted: Thu Apr 09, 2020 3:42 am
by Dohnut
Max B Gold wrote: ↑Wed Apr 08, 2020 9:49 pm
Thor wrote: ↑Wed Apr 08, 2020 9:12 pm
I’m not sure paying out a £900m dividend whilst receiving state aid is the right thing to do in the present climate. Yes I get it that the results are for the prior financial period, but I’d say it’s crass to do this right now.
Does anyone disagree with me?
Did we ever get the full truth about the false accounting to support their share price so that the senior management and shareholders could get their dividends and bonuses? Anyone convicted?
Maybe when we gat the full truth and discover a crime has been committed.
Re: Tesco
Posted: Thu Apr 09, 2020 5:58 am
by Adz
Why the hell are tesco getting state aid? If there's one industry that's done well out of this it's the supermarkets.
Re: Tesco
Posted: Thu Apr 09, 2020 7:33 am
by Dunners
Yeah, what state aid?
Re: Tesco
Posted: Thu Apr 09, 2020 8:55 am
by Cheshunto
Tesco aren’t getting any state aid from what I’ve heard.
There was something on the News yesterday saying they’re employing a load more staff to cope with the extra demand.
Re: Tesco
Posted: Thu Apr 09, 2020 10:00 am
by Currywurst and Chips
What state aid Thor?
Re: Tesco
Posted: Thu Apr 09, 2020 10:07 am
by slacker
Is this a referral to business rates holidays? Supermarket shares jumped when Rishi Sunak announced them the other day.
But some would argue Govt has been subsidising low paying firms like retailers for ages, because of the working tax credit system allowing employers to get away with rubbish pay rates only because of the State top up available.
Re: Tesco
Posted: Thu Apr 09, 2020 10:17 am
by Currywurst and Chips
slacker wrote: ↑Thu Apr 09, 2020 10:07 am
Is this a referral to business rates holidays? Supermarket shares jumped when Rishi Sunak announced them the other day.
But some would argue Govt has been subsidising low paying firms like retailers for ages, because of the working tax credit system allowing employers to get away with rubbish pay rates only because of the State top up available.
[Thor] Yeah that's what I meant by state aid [/Thor]
Re: Tesco
Posted: Thu Apr 09, 2020 4:36 pm
by EH16
Thor wrote: ↑Wed Apr 08, 2020 9:12 pm
I’m not sure paying out a £900m dividend whilst receiving state aid is the right thing to do in the present climate. Yes I get it that the results are for the prior financial period, but I’d say it’s crass to do this right now.
Does anyone disagree with me?
Yes.
Re: Tesco
Posted: Thu Apr 09, 2020 6:10 pm
by Thor
Digby Chicken Caesar wrote: ↑Thu Apr 09, 2020 10:17 am
slacker wrote: ↑Thu Apr 09, 2020 10:07 am
Is this a referral to business rates holidays? Supermarket shares jumped when Rishi Sunak announced them the other day.
But some would argue Govt has been subsidising low paying firms like retailers for ages, because of the working tax credit system allowing employers to get away with rubbish pay rates only because of the State top up available.
[Thor] Yeah that's what I meant by state aid [/Thor]
Is that not state aid then? Cos they are getting the benefit of £585m cool if you're happy with that. Just carry on.
Re: Tesco
Posted: Thu Apr 09, 2020 11:04 pm
by BraveNewWorld
Thor wrote: ↑Thu Apr 09, 2020 6:10 pm
Digby Chicken Caesar wrote: ↑Thu Apr 09, 2020 10:17 am
slacker wrote: ↑Thu Apr 09, 2020 10:07 am
Is this a referral to business rates holidays? Supermarket shares jumped when Rishi Sunak announced them the other day.
But some would argue Govt has been subsidising low paying firms like retailers for ages, because of the working tax credit system allowing employers to get away with rubbish pay rates only because of the State top up available.
[Thor] Yeah that's what I meant by state aid [/Thor]
Is that not state aid then? Cos they are getting the benefit of £585m cool if you're happy with that. Just carry on.
If you didn't copy and paste 95% of your message returns you'd still be a poor mans OTH
Re: Tesco
Posted: Fri Apr 10, 2020 7:35 am
by Thor
I don't copy and paste nothing, and your a clown.