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Just a few. The Labour party are far left extremist lunatics.
https://www.theguardian.com/business/2018/sep/24/how-would-labour-plan-to-give-workers-10-stake-in-big-firms-work
https://www.theguardian.com/business/2019/may/16/how-does-labour-plan-to-pay-for-its-energy-nationalisation-policy...
I still don't understand how anyone can vote Labour with Corbyn let alone 25% they must be mindless tribalists.
The far left extremist policies such as seizing business, property and land would put us a disaster course econmically. The more moderate policies and politicians are good but the...
The scummy banks should be paying out here. They are the one that refused to refinance or agree the buyout from Fosun.
Next time these scumbags fail let them all go to the wall, no more bail outs. In fact we should immediately recall the state loan from RBS.
The law should be change to...
Neither does tax and spend, tax and spend, tax and spend, err oh the tax as gone down but still spend anyway like Corbo and his band of merry men are proposing.
The only real way to do this is to fund all the schools in the North and deprived areas more than the schools down south and in the suburbs, therefore all the rich will move to the North and deprived areas, society will be fixed. There I have just wrote my first Labour Policy best get on the...
Why on earth would we want a far left extremist terrorist sympathiser as caretaker?
If there are a caretaker it should be a moderate on not that clueless cretin. Honestly the leaders of both parties should quit after the shambles at the labour conference yesterday. Over 50% of Labour voters and...
What payments have they already received in interest, fees and charges? Hazard a guess at quite significant amount over the years. I think Thomas Cook has a £600 million overdraft, imagine the charges on that! Most Business bank has high annual fees anyway. Insolvency is strangely hugely...
Because they wanted to renegotiate the deal to one less profitable for the banks, the banks wanted to milk as much as they could so were trying to get more in the hope someone would step in and underwrite the extra £200 million, they do this all the time.
Business will borrow money if the banks...
I apologise for appearing angry but I do not have much time for banks or bankers.
Obviously we will never know exactly what kind of dodgy tactics these bankers are up to. I very much doubt they are losing out significantly overall, when you think of the interest, charges and fees they have...
If Fosun had injected the capital required (they made a 1 billion profit last year), there is no reason it should fail. The business was profitable a few years ago, its only because it is saddled with unsustainable debt at unrealistic rates. They sold c £9billion of holidays last year. Now a...
Its worrying but there was a rescue deal in from Fosun on the table. RBS decided to block it because they would probably not make as much profit that way.
At least these scumbags should be ok...
Banks making supplying imaginary risky made up money to buy stuff that is artificially inflated so they can benefit from fees and charges ten throwing their toys out of the pram when they don't like it anymore.
I would have some sympathy if it was a well run business that didn't require a bail...
Fosun were not planning any major redundancy programs. They wanted to recapitalise the business, renegotiate its debts in swaps for equity. The banks were refusing to deal as there obviously wasnt enough profit in it for them.
It will cost the government a lot in redundancy, pensions liability...
If the government Guarantees certain aspects critical to the function of the economy. I don't really see the issue if for example RBS goes its just another business badly run.
They basically bailed them out and allowed them to continue their gambling.
They were not throwing good money after...
No, what I am saying is how come the banks get bailed out but then refuse to renegotiate finance for other businesses. We see this time and time again.
Banks would have us believe they are 'systematically important', as long as the central bank isn't failing, they are actually just another...
They need to change the law so that the banks are the last people to get the money left over when a business is liquidated.
All to often the banks play hard ball over the funds, they often cause many a business to fail with their obscene demands charges/fees/interest rates, as a result the...
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