Brighton Sky Blue
Well-Known Member
The difference is that 2008 was a financial crisis where the government took shares in banks to keep them afloat. This is a pandemic disease
Coronavirus Thread (Off Topic, Politics) (14 Viewers)
- Thread starter BackRoomRummermill
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The difference is that 2008 was a financial crisis where the government took shares in banks to keep them afloat. This is a pandemic disease
Otis
Well-Known Member
Anyone else think that old people should be shot at birth?
Been trying and trying and trying to get my dad a home delivery of food shopping. No luck at all. Tried every supermarket for the past two weeks.
Anyway, every two days or so he rings me and says he has a shopping list. Never gives me notice and wants the stuff like NOW!!
So, finally, today, after multiple attempts to book a slot, Iceland came up as having delivery slots available for tomorrow. Got straight in there and booked the slot.
Rang my dad to ask him what he wants and he said 'nothing. ' Grrrrrr!!
I said to him to think about the next week or so, but he said he has enough food for the next two weeks. He clearly hasn't. Every time I go his fridge is just about empty.
I give in.
Been trying and trying and trying to get my dad a home delivery of food shopping. No luck at all. Tried every supermarket for the past two weeks.
Anyway, every two days or so he rings me and says he has a shopping list. Never gives me notice and wants the stuff like NOW!!
So, finally, today, after multiple attempts to book a slot, Iceland came up as having delivery slots available for tomorrow. Got straight in there and booked the slot.
Rang my dad to ask him what he wants and he said 'nothing. ' Grrrrrr!!
I said to him to think about the next week or so, but he said he has enough food for the next two weeks. He clearly hasn't. Every time I go his fridge is just about empty.
I give in.
fernandopartridge
Well-Known Member
More conspiracies Steve
Ring Of Steel
Well-Known Member
I can see how Boris might perk up some people up. I can see that Sunak is a good speaker and offers reassurance. I can even see how Hancock gets some people to believe we are on top of things.
But this guy? Hard to find too many redeeming features, he has nothing to offer and to think he wanted to be the Prime Minister. What will they do next, wheel Rees Mogg out to explain how the Victorians would have handled this?
Grendel
Well-Known Member
I don’t see how the company can claim it - it’s going to have to present an argument that those workers are expendable otherwise. Also how can it keep paying their pension contributions?
Ring Of Steel
Well-Known Member
Here's what they really think about us
Ring Of Steel
Well-Known Member
Like I said, companies are being advised not to claim at least until the 'small print' is revealed.
If the company runs out of money paying the wages are they then eligible? Is it even a condition that workers need to be expendable? I thought any business can claim it if affected even if it’s just due to reduced demand? I’d imagine the cash reserve would last a lot longer if all they had to pay were pension contributions.
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SkyBlueDom26
Well-Known Member
Wuhan lockdown ending on April 8th, 2 months after it was enforced....
Sky Blue Harry H
Well-Known Member
samccov1987
Well-Known Member
Union is meeting JLR top bods tomorrow. No inside knowledge but imagine most of production will be furloughed if possible.
Whitley and Gaydon staff non engineering are working from home however most are on an increased working week which can be pulled at any time (3 extra hours a week for 8.1% extra).
Bonus usually paid in June which could be deferred.
There are measures which JLR could use to improve their immediate cash flow problems.
The other big one which is more detrimental to the local economy is shutting production means not paying suppliers.
JLR is in a mess but still think they’ll struggle on a while longer.
Whitley and Gaydon staff non engineering are working from home however most are on an increased working week which can be pulled at any time (3 extra hours a week for 8.1% extra).
Bonus usually paid in June which could be deferred.
There are measures which JLR could use to improve their immediate cash flow problems.
The other big one which is more detrimental to the local economy is shutting production means not paying suppliers.
JLR is in a mess but still think they’ll struggle on a while longer.
If you hear anything you’re not comfortable sharing in public please feel free to DM me.
I’m on the increased working week and they should have dropped that weeks ago IMO to save some costs.
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Sky_Blue_Dreamer
Well-Known Member
Why shouldn't they? We keep getting told that government should be run more like a business so in the same situation and a business tried to take advantage of another struggling with cashflow etc with a ridiculous low bid takeover/merger bid, or a financier/venture capitalist offered a loan with massively hiked interest rates that'd be considered totally acceptable. Why shouldn't government play hardball as well? These are the terms - take them or go out of business.
The coventrian
Well-Known Member
What union? They're a waste of time these days.
Sky_Blue_Dreamer
Well-Known Member
The lunatics have always been in charge of the asylum. Everybody else is too busy running around putting out the fires they start to notice
Sky_Blue_Dreamer
Well-Known Member
No, he doesn't.
The coventrian
Well-Known Member
I wouldn't be that fussed if we were in government hands. Theyd be no more moving work abroad for cheap labour.
Sky_Blue_Dreamer
Well-Known Member
I'll give you a clue - they're not telling the truth.
Grendel
Well-Known Member
All staff I know are working from home - if they end up stopping production then however long the lockdown is you end up with another 12 weeks of no money after that.
They can lay the production line off for sure but staff? Beginning of the end of that happens
The coventrian
Well-Known Member
Theres been no production at solihull since march the 23rd.
What good are the staff if there are no cars being built to sell? And production is stopped for 4 weeks.
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samccov1987
Well-Known Member
Like I say no inside knowledge but don’t see how the company can pay production staff when they’re not making or selling cars.
The iww whilst great for those like me who are on it has always been an extravagance in my opinion, and the current circumstances would justify removing it especially as the majority of us are working from home and not incurring travel expenses.
I’m thinking out loud really but targeted measures that maintain jobs are surely the unions options. Otherwise it’s mass redundancies which I think will still come further down the line.
Grendel
Well-Known Member
It takes about £1 billion investment for one new vehicle alone - it would cost the taxpayer a lot less just to loan the company money through the period of turmoil
The union did send some communication which said they would be focussed on measures that maintain jobs but I think the company is going to struggle to survive let alone not have any redundancies.
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Ring Of Steel
Well-Known Member
Anyone seen Belarus? Total nutters
clint van damme
Well-Known Member
Pandemic over
Thanks Ken.
samccov1987
Well-Known Member
It’s all about playing for time; China are on the whole back to work so car sales there whilst not where they were will start to increase in the next few months. Plus there’s other parts of the business such as parts which bring in revenue.
It’s no secret the company needs restructuring even without Coronavirus and there were plenty of rumours of tats looking for buyers.
I still think we may end up being nationalised to try and keep high end engineering and manufacturing in a post brexit world.
tisza
Well-Known Member
just another delusional dictator.
Just had email from HR saying they’ll be looking to put people on furlough where possible. Anyone already stood down will be on furlough.
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tisza
Well-Known Member
just another scammer praying on the guilible and stupid. But a good "business" as his net worth put around 760 million dollars.
samccov1987
Well-Known Member
clint van damme
Well-Known Member
this is good news. Heard something about this earlier and I think they said that more serious cases need a ventilator but this will free them up from people who need respiratory assistance but don't need it on a level given by a ventilator.
RegTheDonk
Well-Known Member
Yes, social unrest will surely grow the longer people are stuck at home. Don't know about anything to suggest food shortages yet, but weather people will have the money to pay is something else. I would hope those that have worked will get by with their 80% and trim accordingly, hopefully taking advantage of holiday payments for mortgages. Those that haven't, presumably they are already on benefits and budget as best they always have.
RegTheDonk
Well-Known Member
It will be interesting to see how they make a sliding tackle while still keeping 2m away.
RegTheDonk
Well-Known Member
About re-joining it you mean?
