... but can anyone explain Standard Life? I could understand the cuts if they reported a loss, but a profit?
Of course, it must be said that the CEO and other directors need to receive their annual bonus so no doubt the savings with these cuts will finance the as mentioned bonus.
Regarding financial matters, 'twas the Budget yesterday; of course, Gordo would deny that it was a "con trick" and would prefer to say that it was a reward for being prudent and to the public for a properous country. I'm no financial whizz nor tax expert, but dropping income tax by tuppence to 20p in the £1 is surely negated by the abolishing of the 10p tax bracket?
Mind you, I'm all in favour of increasing the duty for 4x4's but not because of any dubious environmental reasons, but rather the fact that they're unsightly and quite frankly not needed in the majority of cases: if you live in the country, run a farm, have a small-holding or work within agriculture, then fair enough a 4x4 is probably necessary, but if the closest you get to the country is your gravel path and battling your way to Tesco, then why on Earth do you need such a behemoth when an Estate or people-carrier could do the job just has easily?
Reminds me of the Canyonero. ;-)
2 comments:
Standard Life operates just like any other monster corporation - run by mindless people at the top who only look at profits.
The company I work for is undergoing a merger at the moment. As is usual, there have been (and continue to be) job losses, but how do the fatcats think the well-oiled machine will keep on running so well without the vital parts??
Should get off my soap box but then there's the budget...
My bf has a 4x4 so he's not happy. He uses it for work and we live next to a farm.
Right, I'll stop ranting now. You're probably sorry I stopped by via the sfx forum... :)
I thought I recognised the name... ;-)
Aye: there's no differentation (!) between those who use a 4x4 in the country and those daft mothers who insist on taking little Tarquin to school, a distance of 100 yards, and doubly-insists it must be done in a Discovery.
As for fat-cats, I don't mind executives giving themselves huge bonuses, but what I object to is when they award themselves such pay-outs purely on a contractual basis, regardless of whether the company made a profit last year.
Twats.
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