MegaSack DRAW - This year's winner is user - rgwb
We will be in touch
@cchris - I fear that many subbies will lose significantly and force some into administration.
I worked with several Carillion directly employed PMs, senior PMs, QS', MQS - all good guys; having said that as soon as you look at the people who are/were one or more steps removed from project delivery it was a different story. With every step further away from project delivery the worse it was.
PwC have been retained by Gov to advise on disposals etc. That is anything but reassuring. PwC, EY and the other audit/consulting advisers - aka vultures - specialise in playing off both ends against the middle; they are duplicitous, lying, venal, amoral, deceitful, dishonourable. Other than that they're (possibly) ok.
Carillion played by the rules.
Message is clear - the rules are in need of a major rewrite.
Lidington says '...day1 has gone pretty well'; what a lying scrote.
@epic you should go and live somewhere without any companies and where products produced by companies are not available. The Amazonian rainforest springs to mind.
@mols all those skilled people will be available to be hired by someone else now. If these contracts where run by Government / state you’d have pension costs close to treble those of the private company. Costs to the state would be much higher.
Jamba - Carillion were a 'management contractor' who won jobs and then subbed out all of the work packages; they project managed scheme delivery.
You wrote.....@mols all those skilled people will be available to be hired by someone else now. If these contracts where run by Government / state you’d have pension costs close to treble those of the private company. Costs to the state would be much higher.
Fact - guys on the tools in sub contractors are hugely at risk.
TUPE rights will disappear.
A replacement contractor on a project will not just accept the design developed by Carillion irrespective of what stage the delivery has reached; they will be looking for indemnities and warranties.
Lidington sounds calm but I doubt he has a clear understanding of the details - and PwC will make the right noises to suit their corporate objectives which include long term revenue streams and enhanced profitability.
mols all those skilled people will be available to be hired by someone else now. If these contracts where run by Government / state you’d have pension costs close to treble those of the private company. Costs to the state would be much higher.
Well firstly, state run businesses don't NEED to have high pension costs, do they? It was part of their recruitment model. Indeed, I am not sure they still give civil servants massive pensions anymore, do they?
Secondly, there's going to be a shitload of upheaval, misery and insecurity for everyone involved - service consumers and providers.
Thirdly, don't talk about pension costs when Carillion were raiding the pension pot. Employees paid for the pensions and if the government bail them out the state will have to pay for them as well. Meanwhile tons of cash was siphoned out of the system into rich people's pockets.
This is a shit show from top to bottom, it's utterly indefensible Jam.
That would make sense, epic, but is it true? Do you have any links, surely it would be all over the news if it was that transparent, or maybe not.
It is a fact that the government gave contracts after three separate profit warnings. Not sure about the donor bit but it should be pretty easy to confirm.
How much will this cost the taxpayer?
Government minister on Newsnight refused to say it would cost anything, analysts seem to think it will cost millions.
Plays into Corbyns hands, renationalisation was already popular with voters.
jambalaya - Member
@epic you should go and live somewhere without any companies and where products produced by companies are not available...
Quite happy to have companies. I've owned a few.
But they need to be kept under control and not allowed to work against the interests of the people of the country, ie make it as near impossible as possible for cowboys to run them.
@kimbers - far too early to make the vaguest guesstimate on that one.
Will take years to properly unwind and quantify.
This will be the biggest hit yet on the PPF; uncertain business/economic future - Brexit et al; likely that PPF levy will increase.
I hope this leads to a full review of whether or not PFI works in the 'public interest' rather than the interests of a small number number of companies who transfer the benefit to their shareholders.
PFI was well intentioned but the law of unintended consequences resulted in unintended beneficiaries coining it.
Corbyn & McDonnell will never bring all PFI contracts back under Gov control if labour become the governing party; there are too many, the cost will be enormous, the complexity of unwinding some of the contracts is beyond their capabilities.
They could bring some under Gov control but most will remain unchanged and run their course.
Major review and restructuring of how new contracts will operate is required.
Look at McQuarrie - australian banking/outsourcing company; only in uk because of PFI. There are many others.
Cameron knighted Green in 2014 ( for services to business) he was a Tory supporter who was one of the 100 captains of industry that wrote a letter in the 2015 election saying we should all vote Tory and that voting labour would put jobs at risk
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May took him on board to advise on responsible business, despite having been found of illegally blacklisting
Not sure of greens donated to them
Government minister on Newsnight refused to say
So technically we have our answer already.
Corbyn & McDonnell will never bring all PFI contracts back under Gov control if labour become the governing party; there are too many, the cost will be enormous, [b]the complexity of unwinding some of the contracts is beyond their capabilities[/b]
That's not stopped the Tories from pursuing Brexit 😉
As an official stw lefty even id not want to see everything under gov control, but would like to see nationalised providers as an alternative in the right industries.
Kimbers - Osbo was photographed innumerable times in branded PPE with every company he thought may support the tories
As for the blacklisting, I'm sure you're aware that the full list is very lengthy; Carillion were on the list as were most, if not all, of the UK's tier1 civils and construction contractors.
Mattyfez - 'refused to say' means 'I don't have the slightest idea'.
As I posted ^^^ this will take tears to unravel and quantify.
It will take years - as well as tears - to unravel.
Kimbers - don't disagree with your view about tories and brexit.
Tories have proved themselves to be generally incompetent in Gov.
I don't believe that labour have any higher level of competence.
So Corbyn thinks have an unprofitable construction company publicly owned is a good idea, really?
Have the Scottish government had much to say yet, as it was Transport Scotland that awarded the Aberdeen bypass contract, and that seems to be one of the projects that's gone wrong financially at least.
It is a fact that the government gave contracts after three separate profit warnings. Not sure about the donor bit but it should be pretty easy to confirm.
The way I understand it. The government kept giving them the contracts in the hope the banks would continue to extend/renegotiate the finance, the banks did not do either as they wanted/expected the government to provide a bailout as they believed Carillion was too big to fail and the government would step in.
So Corbyn thinks have an unprofitable construction company publicly owned is a good idea, really?
Saying much of the work should never have been outsourced in the first place.
Forced to bid so low it's unviable, now employees & taxpayers suffer, for the short term 'benefits' of austerity.
As I said doing Corbyns work for him
We need a moderate centrist government like the lib dems.
The tories are.. Well bat shit crazy.
And Labour are.. Well bat shit crazy.
Dragon - if the Scottish government lawyers were smart enough (you never know!) then because the Aberdeen bypass is awarded to a consortium / joint venture the risk of a member of the consortium failing may (should) pass to the other members not the gov. No idea if that is the case, or how big Carillion role was in the whole project and what the end effect of that could be on the others who got into bed with them.
IHNRAT but I saw a mention this morning a suggestion that lots of contractors worked through umbrella companies (no great surprise based on the STW experience). Where does the liability lie for paying the subbie then? Could it take a few umbrella co’s down with it? (No bad thing).
I wonder how many people would be having a go at the Tories if they stopped giving Carillion contracts months/years ago when they issued profit warnings and the company went under then - I bet a lot of people would be saying they probably would have survived if they hadn't had the rug pulled from under them etc.
Don't get me wrong, the Tories have a lot to answer for and I expect back-scratching etc. went on (and heads should roll but likely won't), I just don't think it's as simple as they should have stopped awarding them contracts when they issued a profits warning
Dragon - if the Scottish government lawyers were smart enough (you never know!) then because the Aberdeen bypass is awarded to a consortium / joint venture the risk of a member of the consortium failing may (should) pass to the other members not the gov. No idea if that is the case,
Is the case here, Balfour Beatty have taken a hit as partners in Aberdeen. They announced yesterday they expect the knock on effect to cost them about £45M. They were also quick to point out that this was their only financial exposure to Carillion. They are obviously worried about their own value if they get tarred with this brush
Don't get me wrong, the Tories have a lot to answer for and I expect back-scratching etc. went on (and heads should roll but likely won't), I just don't think it's as simple as they should have stopped awarding them contracts when they issued a profits warning
Carillon pension fund alone going to cost up to £900 million, and 100s of millions more to save the projects they're supposed to deliver
It's more that the relentless drive to outsource everything and push austerity has led to a situation where getting the lowest price is prioritised over everything else.
Newsnight quoted a government report that said the sector was pushed beyond viability and that cost savings in the short term, were lost long term.
Do we really want or need hospital beds, prisons, school dinners, probation services, school groundskeepers, forensics etc outsourced
Ah yes a bit of googling comes up for this for the Aberdeen road project, so you are right Carillion going under shouldn't effect it too much.
[i]Aberdeen Roads Limited (Balfour Beatty Investments Ltd, Carillion Private Finance (Transport) Ltd and Galliford Try Investments Ltd) was awarded the contract to build the AWPR/B-T in December 2014. It has appointed AWPR Construction Joint Venture, which includes Balfour Beatty, Morrison Construction and Carillion) to construct the 58km road.[/i]
Do we really want or need hospital beds, prisons, school dinners, probation services, forensics etc outsourced
It's about getting the right balance and that's where our current 2 main parties are a ****ing mess, the mantra is either all outsouced or all public. Neither is the optimum solution.
I have no issue with school dinners being outsourced, but there are clearly other areas where it doesn't work.
How much will it hurt Balfour Beatty ? They only just returned to profit last year after losses for the last 5 years.
edit looks like the bypass will cost them £45m
Employees paid for the pensions and if the government bail them out the state will have to pay for them as well
Carillon pension fund alone going to cost up to £900 million
Putting the pension in the PPF has no direct cost.
The PPF is funded by the member schemes themselves (and is in good shape). All DB schemes (except for public sector unfunded ones) are required to participate, basically paying for their own insurance. Taxpayer cash is not part of the pension "rescue".
http://www.pensionprotectionfund.org.uk/About-Us/Pages/About-Us.aspx
http://www.pensionprotectionfund.org.uk/levy/Pages/PensionProtectionLevy.aspx
Is the case here, Balfour Beatty have taken a hit as partners in Aberdeen. They announced yesterday they expect the knock on effect to cost them about £45M. They were also quick to point out that this was their only financial exposure to Carillion. They are obviously worried about their own value if they get tarred with this brush
It will be interesting to see if this changes the future nature of contracts. Government and the civil service won't sort the mess (lots will be said, nothing will be done), but industrial partners may start looking at these joint ventures and considering their risk exposure to other parties in the consortium.
speedy hire are owed 2 million and building mags saying small companies will not be repaid debts owed by carillilion, so a lot are going to fail, also a list of sites that work has stoped has been published.
It is obvious it is going to cost the
Tax payer millions, directly or indirectly.
Part of the problem is that we have a political elite who have little understanding of businesses, hide bound by treasury rules that insist on competition / lowest bidder with no incentive to invest. Businesses like construction and retail have thriven on minimum wages, supported by benefits to subsidise the real costs of doing business. Access to cheap labour from the EU has further disincentivised investment in skills and productivity. Many of the people making key decisions in Government are either civil servants or Whitehall flunkies who've never stepped outside of London. Everyone could see this coming, just that most chose to ignore it.
It's about getting the right balance and that's where our current 2 main parties are a ****ing mess, the mantra is either all outsouced or all public. Neither is the optimum solution.
As with just about every issue at the moment, the problem is that both our main political parties have totally abandoned any pretence to pragmatism, or evidence-based policy making, and are just now slaves to their respective (increasingly extreme) ideologies
Part of the problem is that we have a political elite who have little understanding of [s]businesses[/s] anything but politics
FTFY
evidence-based policy making
Has never been such a thing, because politicians don't understand evidence (statistical analyses can be quite in-depth) so they plump with whatever feels like it should be right.
Why is it government's fault Carillion went under? I don't think anyone held a gun to the heads of Carillion's board members telling them to make low ball bids for marginally/non profitable business. Were they totally incompetent or did they think that once they had the contracts they could re-negotiate? They should just have submitted sensible bids then if they were too expensive for the customer then the customer(govenrment) would have to re-think just like the rest of us do when we get a higher than expected estimate from our builder. Better no business than bad buisiness surely
Because it is a race to the bottom.
Amey has taken over the Carillion part of the CarillionAmey MOD JV so looks like this is the case.Dragon - if the Scottish government lawyers were smart enough (you never know!) then because the Aberdeen bypass is awarded to a consortium / joint venture the risk of a member of the consortium failing may (should) pass to the other members not the gov. No idea if that is the case, or how big Carillion role was in the whole project and what the end effect of that could be on the others who got into bed with them.
Amey has incorporated joint ventures with Carillion to deliver the Regional Prime and National Housing contracts for the Ministry of Defence (MOD), through the Defence Infrastructure Organisation (DIO). These contracts maintain the MOD estate in the UK.The terms of the joint ventures’ arrangements mean that Amey will continue the services now that Carillion has announced it is entering into immediate compulsory liquidation. Amey is committed to doing this and ensuring continuity of service to the DIO and MOD and the service men and women in the UK.
For the past few weeks, Amey has been working on detailed contingency plans with the DIO and the Cabinet Office to ensure it can effectively continue to manage the contracts and these are being implemented today.
Amey confirms it is fully prepared to continue the service obligation of the contracts without adverse effect on the employees of the joint ventures or the supply chain.
oldschool - Member
Dragon - if the Scottish government lawyers were smart enough (you never know!) then because the Aberdeen bypass is awarded to a consortium / joint venture the risk of a member of the consortium failing may (should) pass to the other members not the gov. No idea if that is the case,
Is the case here, Balfour Beatty have taken a hit as partners in Aberdeen. They announced yesterday they expect the knock on effect to cost them about £45M. They were also quick to point out that this was their only financial exposure to Carillion. They are obviously worried about their own value if they get tarred with this brush
Balfours £35 to £45m hit is not all on the Aberdeen bypass, we were also in JV's with Carillion on the M60/M62 works and the A14
A very measured and sensible statement was released to staff today from our CEO who has turned the company around in the last couple of years, a reminder how important positive cashflow is in this industry, something Balfours now enjoys
BB is a different company to what it was a few years ago, some real changes for the better have been made to how we approach bidding for and taking on work and how we manage projects through thier lifecycle, these will help minimise the fallout from our Carillion exposure. Its a shame Carillion didn't recognise their issues and put similar measures in place early enough, it only 2 years ago they launched a hostile takeover bid for Balfours
Quite a few of my friends and ex-colleagues worked there, several giving up 15+ years service elsewhere. I feel for them at the moment
Balfour Beatty have taken a hit as partners in Aberdeen. They announced yesterday they expect the knock on effect to cost them about £45M. They were also quick to point out that this was their only financial exposure to Carillion.
Well that is only their fault. Every business has to risk assess every contract they enter into and ask those 'what if' questions and make sure they have contingency plans in place to cover those what if scenarios. I'm sure Balfour Beatty will have done this and have a contingency plan waiting in the wings....you'd like to think.
Really all this public vs. private sector nonsense is just political posturing. As if everything ran super smoothly In the past under public ownership. It was even more of a car crash. And most of these projects would probably have never got off the ground in the first place.
In the past under public ownership. It was even more of a car crash. And most of these projects would probably have never got off the ground in the first place.
Yeah absolutely no hospitals or roads were built b4 the private sector stepped in, no school grounds were tended etc etc
I don't think anyone held a gun to the heads of Carillion's board members telling them to make low ball bids for marginally/non profitable business.
That is the magic of the free market, right there.
No, no-one made Carillion do this, but the conditions were created so that SOMEONE would always do it, and get away with it - and we are the ones who suffer from it because we get shit services whilst some rich bastard gets richer.
I've been involved in the negotiation of a few large government contracts and there's little concept of 'value' - they invite "innovation" but there's no incentive to invest in areas like infrastructure or skills, simply to strip everything out to deliver it at the lowest possible price. Treasury rules on capital vs expenditure means "invest to save" is a foreign concept. There's often no assessment of industrial capability to do the work - with little concept of risk because they can't account for it - bids are tendered at minimum scope, cost and margin and when something unexpected turns up, it goes to rats. It's been made worse by "long-term" investments often meaning no longer than the next general election because that's as long as they can commit funding and then policy U-turns. I've been in negotiations where the terms are technically illegal, but because they can't afford to seek specialist legal advice you either have to take the contract with the terms, or simply reject it, event though you've spent months bidding and mobilizing.
No, no-one made Carillion do this, but the conditions were created so that SOMEONE would always do it, and get away with it
Only they didn't get away with it they've just gone bust
@iain1775 - building mag reported that Balfours and Galliford Try will take a combined hit of £80 million on the Aberdeen bypass specifically.
Only they didn't get away with it they've just gone bust
I think the point is that senior management can run a company into the ground whilst trousering huge sums and face little to no consequences when the inevitable happens. Whilst I agree with the need for bankruptcy protection and limitation of liability, the directors of firms like this should shoulder more responsibility. Perhaps if they were liable to pay back a proportion of their salaries and bonuses for the past 5 years (on a decreasing scale say) in the event of liquidation they'd think twice about playing fast and loose with other people's livelihooods.
Only they didn't get away with it they've just gone bust
Don't kid yourself. This kind of thinking is why there will be public and government apathy a few weeks from now.
The facts are that people in charge of this company have been running this company into the ground, pulled out millions of pounds for themselves and will walk away.
Anyone with >1 years experience in construction (or any common sense) could see what they were doing and the mistakes that were made. Its the ££££££ > anything else mentality that makes me sick. Also, they are/were horrible to work for.
And Labour are.. Well bat shit crazy.
Compare the policies to what is used in many other countries and they aren't "bat shit crazy" left wing...
It's all relative
Only they didn't get away with it they've just gone bust
They definitely got away with it. They payed themselves well, took dividends, and they are now rich. Seems like a win to me?
Ok the company didn't get away with it but I take your point that the directors/senior management might and I agree there should be consequences for the directors if there has been failed corporate governance. Also such a monumental failure should make them unemployable as directors of even a corner shop in the future however unfortunaltely the executive recuitment market seems to operate like an old boys club.
From the Guardian today "At cabinet today Greg Clark, the business secretary, said the Insolvency Service had been asked to fast-track its investigation into Carillion directors."
I agree there should be consequences for the directors if there has been failed corporate governance.
I'd bet that would be pretty easy to wriggle out of though. After all, taking some risks is a legitimate business practice.
Do we really want or need hospital beds, prisons, school dinners, probation services, school groundskeepers, forensics etc outsourced
Our strategic Plasma production facility was sold off under Cameron, to a company founded by Wolfowitz. Cameron was then looking to take or did take a job in that investment group, one year later the plasma company was sold to a chinese firm for 10x what the government sold it for. Who says the UK isn't corrupt?
The company is still not profitable.
Our strategic Plasma production facility was sold off under Cameron, to a company founded by Wolfowitz ([b]wrong[/b]). Cameron was then looking to take or did take a job in that investment group ([b]probably wrong[/b]), one year later ([b]wrong[/b])the plasma company was sold to a chinese firm for 10x ([b]wrong[/b]) what the government sold it for. Who says the UK isn't corrupt? [b]People who get things wrong?[/b]
cite or #jambafact?
Yeah, my recall was wrong, they invested 100 mil.... they did not aquire it for 100 mil.
Apologies.
Also, Mitt Romney not wolfowitz.
gov sold its majority share to bain capital (mitt romneys company) for £200m
https://www.ft.com/content/d83ec55e-efc8-11e2-8229-00144feabdc0
cameron then got a job with em
https://news.sky.com/story/cameron-turns-to-buyout-firm-bain-for-post-downing-street-gig-10615948
which they sold for 830m to chinese company 4 years later (after a £50m investment)
The last experience I had of working for a company who were working for Carillion on a coulple of PFI schools , was that far from putting in low bids etc, that was the most profitable work we ever did (probably 50% more than normal rates)
Did help that my old boss was old skool Mowlem 😉
gov sold its majority share to bain capital (mitt romneys company) for £200m
So I was generally right?
That company is barely making more money than it was durung its 1st year under Bain. My feelings are that it was heavily undervalued if was sold for 200m. I reckon that land they have is worth half that value in itself, considering the amount of residential work going on in the area.
So I was generally right?
On the basis that pretty much every fact was wrong, I struggle to see how you could think that. Pretty much every government sale will look too cheap with the benefit of hindsight, it is hardly a surprise that highly incentivised people in the private sector are far better qualified at exploiting commercial opportunities than career civil servants. The company increased sales by 58%. £300 million to £820 miliion is a very good return but probably only about target. It is certainly nothing to do with corruption, do you honestly think Cameron would try to persuade Vince Cable to sell a company on the cheap for a speaking engagement?
1400 apprentices told to go home today, no redundancy or anything for them, royal liverpool hospital workers havent gone back to work.
You are right Mefty, it's likely not to be down to currption - ideology played a key role. The comoany will likely go under, or be broken up over the next few years. Creat were blocked from purchasing a US based plasma manufacturer due to national securuty concerns and now we risk not having our own supply of plasma. The marke for plasma is increasing becoming dominated by a few international players.
Even though that company increased output by 58%, they are still only just breaking even.
@iain1775 - building mag reported that Balfours and Galliford Try will take a combined hit of £80 million on the Aberdeen bypass specifically.
projected extra cash contribution to complete the job without Carillion is £60 to £80 million, any shortfall is shared equally
It was a project that was already in a degree of trouble Gallifords for example set aside £98m in May last year for troubled contracts including Aberdeen and Queensferry crossing
Balfours official statement detailing the three JV's so you don't have to rely on 2nd hand press interpretations - https://www.balfourbeatty.com/news/statement-regarding-balfour-beatty-s-joint-ventures-with-carillion-plc/
Channel 4 news is just reporting that a number of the directors*, who jumped ship after the last profits warning, will still carry on receiving their full (huge) salaries until October.
Isn’t corporate capitalism brilliant!!!
* one of whom was until recently an advisor to Downing Street on corporate responsibility
[url= https://www.theguardian.com/business/2018/jan/16/carillion-subcontractors-laying-off-staff-collapse?CMP=Share_iOSApp_Other ]Here we go[/url]. I think this might have been what I was referring to in the OP. 30000 firms at risk, no accurate picture of who is exposed, and contagion spreading. It’s going to end in another bailout. The alternative is chaos. Perhaps half a million jobs lost? And no doubt an instant recession. And this time Theresa May and her merry band of idiots in charge of sorting it out 🙂
Just in time for Brexit!
Buohahahahahh
Project -
I thought apprentices had the same employment rights as other staff?1400 apprentices told to go home today, no redundancy or anything for them,
Considering how damaging camerons privatisation of apprenticeships has been, It's not good for a country supposedly embarking on an economic rebirth, where we don't need immigrants
https://www.ft.com/content/3a85ac1c-7dd9-11e7-9108-edda0bcbc928
Radio 4 reported that carrilion directors had altered the claw back terms of their bonus payments in 2015/2016 - nice
And where are those directors now?
It looks like Interserve may be in a spot of bother as well.
Its just a *ing revolving door/gravy train. And the directors of Carillon (like the bankers before them, post-crash) will just wander off into the sunset, to milk it in their next appointment, with no personal consequences whatsoever.
Meanwhile I wonder just how many people in our wonderful gig economy are already now out of work, and how many small businesses are presently having desperate, emergency meetings to see if they can possibly weather these now forever-unpaid invoices, knowing they probably can't
As someone who's been in the latter position, it absolutely boils my *ing piss that these parasites essentially possess the financial equivalent of diplomatic immunity, and can just do what the hell they like with total impunity, no matter the extent of the wreckage and human misery they leave in their wake!
Because thats what it boils down too. Small businesses will go to the wall. People will lose their houses. They'll lose everything. People will commit suicide due to the stress and desperation.
And this shower of ****s will still be getting their huge salaries until October, and we all know full-well there will be no sanction and they'll retain their huge bonuses for failure. They'll just carry on like nothing ever happened! Completely unaffected, while the 'little people' pick up the pieces
Same old, same old.....
I thought apprentices had the same employment rights as other staff?
The rest of the staff with under two years employment have exactly the same rights, ie. none
Thanks tories
Meanwhile I wonder just how many people in our wonderful gig economy are already now out of work,
BBC Scotland news had an interview with a small business owner last night. He was owed nearly £1m, all on months of payment terms.
He was stood in front two empty desks, and when asked 'what is the impact going to be?' he stated that the lady leaving upset when the film crew arrived was one the two he had let go that morning, with more to go... 😥
I hear Maybot is getting a well deserved kicking in PMQ...
Surprised she bothered turning up TBH.
Oh, it’s because she’s pledging Corporate Responsibility guidelines the Tories put in place, that mean absolutely the square root of wasted ink.
who jumped ship after the last profits warning, will still carry on receiving their full (huge) salaries until October.
To get the best you have to pay for the best*. Just think what would have happened if they werent paid enough or given decent job security.
*Obviously this doesnt apply to the plebs on the shopfloor where you need to pay as little as possible to keep them keen.
Oh, it’s because she’s pledging Corporate Responsibility guidelines the Tories put in place
The very same corporate responsibility guidelines that one of the Carillon directors helped to draft?
Do you think that by any remote chance, he will have made sure that him and his mates are completely exempt from any of their token-gesture, toothless sanctions?
You couldn't make it up.
With this lot in charge, you don't really need too? They're literally making it up as they go along to suit themselves
Now, now, binners. Remember, all these small businesses and gig economy workers are nimble and flexible.
And where are those directors now?
TBF he joined the Wood plc board in April 2016, so the title is wrong it's not 'now' it should say 'also'. The Hinkley point C is also a red herring, sounds scary, but reality is for Wood Plc that is a tiny fraction of their business, they are a global comapany delivering industrial engineering, primarily to Oil & Gas, but also to wider industries like Wind and Nuclear.
Sure Richard Howson sounds like he's behaved a bit iffily to say the least, but the story about his involvment with WOod Plc is just minor sideshow and not really a big deal in the whole scheme of things.
Sure Richard Howson sounds like he's behaved a bit iffily to say the least
I wish I could get a job where after my catastrophic ****-up led to me bankrupting the company, I just waved a cheery goodbye, and was still receiving my massive six-figure salary 14 months later.
So... how would I go about getting one of those then? I'm sure theres plenty of them around, isn't there? Available to one and all in our marvellous meritocracy?
I wish I could get a job where after my catastrophic ****-up led to me bankrupting the company, I just waved a cheery goodbye, and was still receiving my massive six-figure salary 14 months later.So... how would I go about getting one of those then? I'm sure theres plenty of them around, isn't there? Available to one and all in our marvellous meritocracy
dont be silly binners theres nothing really wrong with all that
the problem is definitely not the fault of our capitalist utopia ,obviously its eurocrats & immigrants, lets spend billions on that & devote all government towards that one goal and the sunlit uplands await
deadlydarcy - Member
Now, now, binners. Remember, all these small businesses and gig economy workers are nimble and flexible
And don't forget we have strong and stable leadership in the UK now.
We all know it’s “jobz f’d boys”
With the Tories in that’s the only route they understand.
What I’d like to hear right now is a statement from IDS, something along the lines “ah yes, well plenty of jobs in McDonnalds aren’t there”
That ought to fulfil the attitude of the Nasties..
I think we all need to tweet our Conservative MP's and ask if they are on camera laughing about a situation of job losses for thousands of their constituents in PMQ's...
We all know it’s “jobz f’d boys”With [s]the Tories[/s] politicians in that’s the only route they understand.
FIFY