Mrs B's method of attacking Labour takes the form of schoolkid cheekiness, I say. Not sustainable long-term as it will just get boring and it just makes her look rather childish
@thegreat786125 минут бұрын
Where is the growth going to come from with this budget? Seems to me like every industry is being hit hard which surely means price rises for us the public. Doesn’t it?
@peterholdsworth27 минут бұрын
Tesco don't have to FIND anything. Profit is what is left AFTER staffing and all other costs. If costs go up, it just means shareholders get less? But Tesco doesn't need to find money anywhere?! They are only increasing so they can maintain their HUGE profits. The companies this will hit are the ones where the profits are all the Owners get (where they wholly own or are one of a few shareholders). They will need to increase prices so they can pay themselves. Or any company which is "not for profit" like charities - let them use the money to take the burden off state services? But big companies who are increasing to keep huge profits for LARGE numbers of shareholders?!? Really??
@BioHazardCL431 минут бұрын
Legalise and tax cannabis instead. It makes loads of money in the USA and would reduce demand on police and prisons.
@mikejackson45933 минут бұрын
The best outcome for all concerned is if Starmer and his cabinet resigns before there is once again 'no money left!'.
@paulmonkcom36 минут бұрын
Think of the impact on an already desperate NHS
@DavidPaget-m3h55 минут бұрын
Shareholders are largely private sector pension funds. They make less profit it is passed on to individuals through lower returns or increased prices. On the charity front, speaking to contacts in the sector, it is also a massive hit, they should be exempt.
Tesco just posted massive profits on the back of inflation and a cost of living crisis. In general businesses have been reducing wages and need little encouragement to reduce them further. They will just hide them under the protest of tax rises.
@RoggoesontheTubeСағат бұрын
If Tesco didn't make a profit then they would not pay corporation tax; furthermore, the shareholders would not pay tax on any dividends or vat when they spend the money. The biggest shareholders in Tesco's are pension funds, that have invested long term to pay out to pensioners and funds that finance things like the teacher's retirement plan. If companies did not make profits, there would be no investment, job security would fall. Anyone who thinks its great news to poke Tesco in the eye, is an idiot.
@John-h7w6cСағат бұрын
Your leaders have done more damage with their mouths than any tarrif they put on
@mrsulzer66Сағат бұрын
Tesco adjusted operating profit was £2.9 billion for 24/25. Im no mathematician, but £700 per person for NI increase is no factor. If they start laying people off, customers need to decide where they should shop.
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@ianf397Сағат бұрын
I don't know where this £1 billion NI for increase for Tesco comes from. Tesco has 312000 employees on an average salary of £30000, giving it a wage bill of £9.36 billion. So if you do the calculations the increase due to the percentage increase in NI is £140 million, and the increase due to reducing the threshold from £9100 to £5000, ie £615 per employee is £192million. So the total increase at Tesco is £332 million. These are "back of a fag packet" calculation, perhaps Tesco would like to tell me where I have gone wrong !!
@JamesBarber-p7bСағат бұрын
This was the man i think left the note for George Osborne in 2010 after 14 years of Labours saying ' Sorry George there's no money left ' the man Trump needs to.listern to
@TiffanyLaVoomСағат бұрын
oh no, Companies having to pay taxes... zero sympathy for them. Passing it on, instead of cutting into their record profits, is the issue. Blame squarely resides with the greedy profiteering price gougers.
@timbrown315116 секунд бұрын
Wow…you obviously do not own or run a company. What a ridiculous comment to make. Not all companies and industries make vast profits with some only just scraping by. These NI increases could put companies out of business and in turn leave thousands out of work.
@JerymanicusNightingaleСағат бұрын
Withdrawal from NATO would save us a fortune though
@LlooktookСағат бұрын
I thought ambassadorships were a civil service and a non political appointment
@hosephanerothe1440Сағат бұрын
Delusion, thy name is Times Radio
@hosephanerothe14402 сағат бұрын
How we all thought the Tories were the worst Government of our lifetime. Labour were so quick to say 'Hold my Beer' (didnt vote for either)
@tommyboy87ify2 сағат бұрын
Tescos profits quadrupled during the cost of living crisis
@kpnut592 сағат бұрын
Food prices are already increasing almost daily. For example, a 105g bag of Smarties was £1.35 earlier this year, they are now £1.65 per bag, an increase of 22%! This is just one example & that is before you factor in any increases that may come because of Reeves stupidity............😊
@Hemswell2 сағат бұрын
Let's be real here. This is to fund the public sector. As an individual, you manage your own finances by budgeting. If you can not afford something, you either cut back or borrow. You dont go robbing someone else - only the government does that and gets away with it. So, the simplest and most obvious solution is to cut public spending, and the way to do that is either by reducing headcount or reducing salaries and pensions. If all public sector employees had a pay and pension hair cut, the countries finances could easily be balanced. Simply shovelling more money into the public sector to buy votes and drain the private sector to fund it is about to go bang. The fuse has been lit!
@timetochange43762 сағат бұрын
Maybe the first thing would for David Lammy and the rest to apologise to Trump for their comments 😂😂😂
@davidpearson2432 сағат бұрын
Tesco are forecast to make £2.9 billion profit
@timthetiny75382 сағат бұрын
Europe has already shown that it is more or less useless when it comes to China. Furthermore, its not like they'll be in the Pacific fighting for Taiwan, when they can't even significantly help stop Russia. Tariff it all.
@BiTurbo2282 сағат бұрын
As someone who works in the health service, we've been begging for reform and changes for about a decade. Real-world practical stuff, not just shimmying about the oversight and management architecture every 3 years or so. The challenge is that making these reforms cost money. It's extremely difficult to just wholesale stop something and start something new overnight, especially when there's a boatload of people waiting who were promised the old thing. So we end up with a period of double-running the old and the new, usually for a year or two before things shake themselves out. This has been functionally impossible to do at the same time as meeting the fairly crippling yearly spending cuts that the Tories have dictated. They wanted to have their cake and eat it. The other challenge is that, I'd say, 80-90% of Health's problems are systematic, rather than endemic. By this, I mean they're not in the Health service's gift to fix 100%. To fix them needs a concerted improvement of health, social care, education, housing etc., which have been under even worse financial measures over the last 17 years. The high spend of the Health system is one of the symptoms of everything else being at failure point, among other things. It was encouraging to hear Wes Streeting speaking in these systemic terms when he was newly in term. It seems to me that the government has finally caught up with how we've know things need to be fixed for a decade, and seems to be putting in place the practical measures to get it done.
@unblessedcoffee14572 сағат бұрын
Insanity. Someone like Farage shunned, in place of Mandleson? What on EARTH is going on on this channel? No wonder Trump won.
@user-qg2bt2qt9l2 сағат бұрын
Rachel Reeves studied at the University of Oxford before obtaining a Master of Science degree from the London School of Economics - whereas Farage failed academically and couldn’t even get into a second rate polytechnic despite best private education money could buy. He then went bankrupt in business.
@gordonmcculloch87633 сағат бұрын
I think we need two things. 1) A cross party long term strategy but much more importantly 2) A long term ( cross party ) strategy to reform the food industry’s want to produce hyper processed food which is undoubtedly fuelling the year on year rise of all the chronic illnesses described.
@davec17683 сағат бұрын
Business have to pass on the increase in NI costs to the consumer. The Labour government are trying to kid the population that companies will absorb the cost. Tesco does make millions in profit, but their investment is huge and investors demand a return or they'll invest elsewhere. All the latest tax rises will be paid by working people in some form or other, and anyone who thinks otherwise is dumb.
@simonrinder47883 сағат бұрын
All costs will go on to customers every thing will go up ,every business will have wages znd national insurance go up that will pass it on or cut jobs ,nobody can magic up money
@denzel2703 сағат бұрын
Half of these businesses wanted Labour in.
@prashantkotak51813 сағат бұрын
I like the way he says Isss-uses and race-issm and Mendaciousss-ness and so on. Is he a Slitheryn? Does he have a great big snake in his cellar?
@waugh245040643 сағат бұрын
Reeves….I was an economist at the Bank of England, don’t yer know!?
@user-qg2bt2qt9l4 сағат бұрын
Better start shopping at Lidl and Aldi!
@davidpearson2432 сағат бұрын
I do now Aldi is far better
@asherclasse8964 сағат бұрын
Your title is misleading. It is a sign of jealousy. 'Why this one and not me syndrome'
@jemgeach40664 сағат бұрын
Inheritance tax is fundamentally flawes, since it involves using capital as income. Of course there ifs special pleading for the sacred NHS.
@Hayfever334 сағат бұрын
Smiling with that briefcase smugly as she gets into a nice land rover
@miketriggs21565 сағат бұрын
We need smaller government not higher taxes to pay for government waste
@BenWharfe-vr1pn5 сағат бұрын
The government knows full well that costs will be passed on to the customer. If they think differently then they are deluded. All WEF policies, all part of the plan. That have attacked every business.
@philhood46045 сағат бұрын
Just make less profit and pay less share holder dividends?
@philhood46045 сағат бұрын
Tesco £2.9 billion profit in 2024
@Andrewgeorge-z1w5 сағат бұрын
You can say what you like you may not get the chance as much as I appreciate you are very educated engineering background and the first black woman to stand at that dispatch box. The fact of the matter is that by the time we get there, there may be no left if things go the way that most people hope reform will have already replaced you as the leading opposition if not the government.
@simonsays9116 сағат бұрын
Wait till April when everything kicks in. Prices will rise and jobs will be lost. If you thought the first 100 days was bad just wait till you see what this next 100 will be like. They have only just begun .
@George-l3v6 сағат бұрын
She will fade away soon just like Liz Truss....Political office is way above her head.....She is a laughing stock......Who is trying to impress....But she is empty.....