Banks get hit by extra Tax demand!
08 February 2011, 06:01 PM
#1
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Banks get hit by extra Tax demand!
And they are furious!?
TOUGH LUCK !!!!!!!!!!!!!!!!!!!!!!!
They have a damned cheek ..... bleeting and crying after paying record bonuses!!!
Good move Osbourne, but it's not enough - squeeze them til the pips pop!!
TOUGH LUCK !!!!!!!!!!!!!!!!!!!!!!!
They have a damned cheek ..... bleeting and crying after paying record bonuses!!!
Good move Osbourne, but it's not enough - squeeze them til the pips pop!!
08 February 2011, 07:48 PM
#4
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i think a bit of politics all round tbh
I doubt the Banks are that worried -- and I bet the cry of pain is 90% spin, which might just be cured with a spoonfull of "bonus" anyway
manufactured storm in a teacup
I doubt the Banks are that worried -- and I bet the cry of pain is 90% spin, which might just be cured with a spoonfull of "bonus" anyway
manufactured storm in a teacup
08 February 2011, 08:23 PM
#5
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The government tax the banks instead of us and the banks then charge customers (which is us) to claw the money back (particularly nasty if you have an overdraft). The banks carry the can while the government escapes critisism while still generating revenue.
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09 February 2011, 10:57 AM
#11
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09 February 2011, 11:57 AM
#13
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09 February 2011, 12:07 PM
#14
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The pension fund problem was caused by the superficial boom we had, not the recession. The banks might have triggered the recession, but it was inevitable.
09 February 2011, 12:08 PM
#15
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Assuming you were invested in funds that held bank shares.
A pension fund isn't all about banks - if you have a fund with shares in a particular bank which has a problem then you would be affected. If you don't hold that banks shares within a fund you would be unlikely to be directly affected.
Pension funds have grown very nicely over the last 18 months. Its the next 12 months I'm a bit more nervous about.
A pension fund isn't all about banks - if you have a fund with shares in a particular bank which has a problem then you would be affected. If you don't hold that banks shares within a fund you would be unlikely to be directly affected.
Pension funds have grown very nicely over the last 18 months. Its the next 12 months I'm a bit more nervous about.
09 February 2011, 01:23 PM
#16
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The banks and Flash .... http://www.thisismoney.co.uk/taxraid ....
"... Documents released under the Freedom of Information Act show civil servants warned at the time that the move, which finally resulted in a £5bn pensions raid, could lead to the closure of many occupational schemes. ... Writing in the London Evening Standard, Bower said Mr Brown originally demanded that £8bn should annually be taken from Britain's pension companies but was forced to back down after a heated meeting at No. 10. ..."
Maybe Billy Liar did one "not so bad" thing after all. Beating Flash down from an £8BN a year raid on pensions to "just" £5BN
Dave
09 February 2011, 02:32 PM
#18
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Tidgy, just me asking but do you honestly, really, truly believe that it would be possible for that to happen? Assuming you're sober of course.
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