Current Affairs The Labour Party

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Talking of theft, I’m buying a commercial property and stamp duty is payable both on the actual price and the bloody VAT. Now that is absolute theft........

But you have a choice of buying or not buying the property. Ergo, you have a choice if you pay the duty.
 
Unilever U-turn a resounding victory for shareholder democracy

https://news.sky.com/story/unilever-shareholders-bared-their-teeth-and-won-11518006

Hope all those bellyaching about McDonnell's share idea, have taken notice of how shareholders can save UK jobs. So not only will McDonnell's proposal put more money in workers pockets -11 million by all accounts, like myself whose company won't give us 'jack all'l, but will 'just like that' stop paying overtime payment, which was only £1 an hour anyway, but give us the power to hold the company to account and help make decisions that will benefit worker shareholders. Win, win. Bring it on John.
 
Unilever U-turn a resounding victory for shareholder democracy
https://news.sky.com/story/unilever-shareholders-bared-their-teeth-and-won-11518006

Hope all those bellyaching about McDonnell's share idea, have taken notice of how shareholders can save UK jobs. So not only will McDonnell's proposal put more money in workers pockets -11 million by all accounts, like myself whose company won't give us 'jack all'l, but will 'just like that' stop paying overtime payment, which was only £1 an hour anyway, but give us the power to hold the company to account and help make decisions that will benefit worker shareholders. Win, win. Bring it on John.
Have you even read the link that you've posted? It really flies in the face of the entire argument you've put forward. Part of the reason the investment banks have kicked off on all of this is the fact that share prices would drop, as would their dividend. Exactly what McDonnell's hair-brained scheme would do. I'm not sure how a 1% share holding would give workers the power to hold companies to account, (again the workers actually wouldn't be the shareholders, it would be 'The Trust' so it'd even be debatable if workers would be admitted to shareholder meetings and even if the shares they'd have would have voting rights.)

Oddly, I think this is the only place on the internet where it's still being discussed, that should so how close to reality the actual idea is.
 
Have you even read the link that you've posted? It really flies in the face of the entire argument you've put forward. Part of the reason the investment banks have kicked off on all of this is the fact that share prices would drop, as would their dividend. Exactly what McDonnell's hair-brained scheme would do. I'm not sure how a 1% share holding would give workers the power to hold companies to account, (again the workers actually wouldn't be the shareholders, it would be 'The Trust' so it'd even be debatable if workers would be admitted to shareholder meetings and even if the shares they'd have would have voting rights.)

Oddly, I think this is the only place on the internet where it's still being discussed, that should so how close to reality the actual idea is.

Have read it. And any shares allows shareholders to have a say. McDonnell's idea is for it to rise to 10%, so more power to worker shareholders to save UK jobs. Win, win. More money in workers pockets and having a say in saving UK jobs and arguing for better worker's employment conditions. In fact win, win and win. Bring it on John.
 
Ahh. So, that’s wonderful and all, but what about small independent businesses that never owned their shops, or did and still went to the wall? The entire way people shopped changed with the advent of the internet (and arguably longer opening hours/Sunday shopping/minimum wage which meant smaller businesses were always going to struggle). Blaming it on short term greed is probably the most reductionist argument ever.

Sorry, what? Small independent businesses were (and are) more likely to remain on High Streets because they (a) usually specialize in a specific area and (b) were already competing against the big chain stores anyway, so the internet was not (and is not) the threat to them that it was to the likes of M&S, HMV or Waterstones. That is why so many butchers, chemists, newspaper shops, independent booksellers, bakers, confectioners etc have remained whilst Currys, Woolworths, Borders, etc have all closed stores.

Of course they are still affected by the internet firms (given that they actually pay business rates and corporation tax) and there really should be a move to balance things out (ie: tax the likes of Amazon to the same level or reduce taxation on local small businesses, ideally both).
 
Unilever U-turn a resounding victory for shareholder democracy
https://news.sky.com/story/unilever-shareholders-bared-their-teeth-and-won-11518006

Hope all those bellyaching about McDonnell's share idea, have taken notice of how shareholders can save UK jobs. So not only will McDonnell's proposal put more money in workers pockets -11 million by all accounts, like myself whose company won't give us 'jack all'l, but will 'just like that' stop paying overtime payment, which was only £1 an hour anyway, but give us the power to hold the company to account and help make decisions that will benefit worker shareholders. Win, win. Bring it on John.

If you are that arsed about holding a company to account, buy some shares yourself.

Because when you are "given" shares under this scheme, you will not own then, not even a little bit.

In fact, the scheme will undermine shareholder power, because 10% will not hold any voting rights.
 
Unilever U-turn a resounding victory for shareholder democracy
https://news.sky.com/story/unilever-shareholders-bared-their-teeth-and-won-11518006

Hope all those bellyaching about McDonnell's share idea, have taken notice of how shareholders can save UK jobs. So not only will McDonnell's proposal put more money in workers pockets -11 million by all accounts, like myself whose company won't give us 'jack all'l, but will 'just like that' stop paying overtime payment, which was only £1 an hour anyway, but give us the power to hold the company to account and help make decisions that will benefit worker shareholders. Win, win. Bring it on John.

You'd think the Ruskies would pay the minimum wage at least, but I doubt you'd have much input into how the Kremlin is run.
 
If you are that arsed about holding a company to account, buy some shares yourself.

Because when you are "given" shares under this scheme, you will not own then, not even a little bit.

In fact, the scheme will undermine shareholder power, because 10% will not hold any voting rights.

"Plans to give workers in private industry more of a say - and a financial stake - in industry are a key plank of Labour's industrial strategy.

Since its conference opened in Liverpool on Sunday, Labour has already announced plans for worker representation on company boards and to make employers provide up to 10 days' paid leave for victims of domestic violence.

Under Labour's "inclusive ownership fund" proposal, Mr McDonnell said workers would be given a financial stake in their employers and more say over how companies are run.

Firms would have to put 1% of their shares into the fund every year up to a maximum of 10%.

The amount of share capital available to workers would be capped at £500, with the rest - estimated at £2.1bn a year by the end of a five-year Parliamentary term - going into a fund to pay for public services and welfare".

Win, win. More money is workers pockets and having a say in how the company is run. Bring it on John.
 
You'd think the Ruskies would pay the minimum wage at least, but I doubt you'd have much input into how the Kremlin is run.

You seem to know a lot about Russia's employment conditions and how the Kremlin is run. With your hotline to the Kremlin, ask Putin what is his favour food? What is his favour colour? As him why he is penalising Russian pensioners, by raising the pension age, like the scumbag Blairites and Tory/Libdems did? I just hope my pension fund is not invested in Russia? I hope any future shares I get from McDonnell's share thingamabob isn't invested in Russian? I would be appalled if any 'investments I had, and they were invested in Russia like Rees Mogg's. Do you have investments/shares? I assume if you did then none would be in Russia.
 
You seem to know a lot about Russia's employment conditions and how the Kremlin is run. With your hotline to the Kremlin, ask Putin what is his favour food? What is his favour colour? As him why he is penalising Russian pensioners, by raising the pension age, like the scumbag Blairites and Tory/Libdems did? I just hope my pension fund is not invested in Russia? I hope any future shares I get from McDonnell's share thingamabob isn't invested in Russian? I would be appalled if any 'investments I had, and they were invested in Russia like Rees Mogg's. Do you have investments/shares? I assume if you did then none would be in Russia.

You're a bit like Wes Morgan when it comes to Russia, you constantly get drawn in and commit stupid fowls.
 
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