Current Affairs Coronavirus Thread - Serious stuff !!!

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LFC being the latest example of a company using it. I would have thought though, or hoped, that there'd be the means in the gov to work out who actually is just abusing it.

The problem is that HMRC only know what happened to a company last year and not how they are performing this year. They would have spent the next five years trying to work out who was deserving and who wasn’t, it’s best and quicker to just to let everyone use it, then shame some or claw it back afterwards.....
 
The problem is that HMRC only know what happened to a company last year and not how they are performing this year. They would have spent the next five years trying to work out who was deserving and who wasn’t, it’s best and quicker to just to let everyone use it, then shame some or claw it back afterwards.....

Well yeh but I mean, someone like LFC for example should have been replied to with a big fat no. Same as other companies of that size.
 
It's perhaps also worth considering that just over 2% of Bezos' net worth is in cash, with the remainder being in shares (presumably in Amazon itself). So in terms of cash, he's probably about as rich as Moshiri.
But by the same token much of Mosh's wealth is tied up in shares in his pals business.
 
When was this? Was widely reported up until about a week ago that there were rona positive patience there at the time
There's this:

As the New European reported, it turns out the government:
later clarified that the prime minister meant NHS workers rather than actual sick patients.
It would be remiss of The Canary to call Johnson a ‘liar’. But his clever manipulation of semantics is telling. It’s clear now that Johnson knew he didn’t shake hands with any coronavirus patients.


And I'm certain I've seen the hospital deny they had Corona patients at the time too, although there's a wall of crap about him shaking hands to trawl through now in order to find it.
 
Well yeh but I mean, someone like LFC for example should have been replied to with a big fat no. Same as other companies of that size.

But the government was trying to save jobs. Now the RS are having to pay all their employees 100% wages and keep them employe. Can you really believe they would have done that without the 80% offer. It’s best not to think of the company in this situation, but to think of the employees.....
 
But the government was trying to save jobs. Now the RS are having to pay all their employees 100% wages and keep them employe. Can you really believe they would have done that without the 80% offer. It’s best not to think of the company in this situation, but to think of the employees.....

Do I believe LFC would have kept non-playing staff on for a while without the gov 80%? Well since they now are and thus could, I'd have hoped so.

Like I say, some companies that will try use this should flag up immediately.
 
A flash sale of his shares would also have wider financial implications regarding their value (so $ generated) and many other financial institutions linked to them.

Bill Gates was asked why he hasn't gave all his money at once if he is so committed to philanthropy and his response was quite simple: they'd get much less.
The likelihood is it's Bill Gates money that will help find the solution to this current crisis
 
I'd agree that most things have been maintained pretty well. I suppose it depends on the framing of how you look at the NHS, if people want it to be an absolute rock in times of national crisis then there needs to be a rethink about how we achieve that. If that includes looking into creating more tightly controlled, exclusive suppliers it may be the needed direction.

You ideally want to prevent a single point of failure existing. You can see that to an extent with the initial attitude of PHE towards testing, where they wanted it all done in house, until it became apparent that this approach wouldn't cut the mustard.

Why tax firms more when there is a much easier source to hand?

There is around $12 trillion in assets held in tax havens around the world - given what governments have had to do in order to keep the global economy going (which has protected the value of those assets), I don’t think it would be unreasonable to get a contribution off them.

Sure, that's quite probably true. Was just responding to the Bezos comment directly.

But by the same token much of Mosh's wealth is tied up in shares in his pals business.

Aye, quite probably. It's still somewhat bewildering that he's quite as wealthy as he is tbh.
 
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