Retired at 40, Vice President. Unretired at 42. Lloyd’s of London market. Previous Gov, software, charity. No rudeness or FBPE please. Lloyd’s chap and proud.
London & Deal
Joined November 2007
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Terrific! Mrs Rob is preparing smoked salmon starter and lamb roast for Sunday lunch.
My contribution is pouring the wine, setting the table, and loading the dishwasher.
Just a quick bit of #F1 for a change...
A game I've created and lovingly hand coded 😉
Quite complicated - A teams and B teams, make your own engine, force customers to vote how you want, negotiate with other team bosses who try to poach staff.
robsbits.co.uk/pitwall/
The left don't mind a bias media really.
They just don't want a media bias against them.
Mrs Rob has made me buy Sunday lunch from the farm shop.
Anyone know a good insolvency practitioner?
“I just don’t get what went wrong here Andy.
We made people have lessons by taxing them more so they’ve less to spend.
We increased Poundland’s costs with the highest energy prices in Europe.
Then we increased what they have to pay their staff.
Then we increased their NI”
This post has been really interesting. I assumed it would be entirely obvious I was being sarcastic.
Yet a lot of the replies were from people on my side of politics who took it seriously and were rude and insulting.
Seems both sides of politics as rude as each other. Very sad.
This is *always* the left's approach.
"Well if a business can't afford to pay staff more then just close it down".
Economics masterclass from Scott.
Rob, you’re confusing a struggling business with an argument against fair wages. Nobody is denying that small shops face rising costs. Rent, energy, suppliers and business rates all matter.
But you’ve just said his supplier costs have risen by £14,500. That’s rather more significant than the £1,434 annual increase in employer costs for one minimum wage worker we discussed.
If a business can only survive by keeping its lowest-paid employees on poverty wages, the problem is rather bigger than the minimum wage.
And if he’s closing despite having four employees, perhaps we should examine the wider economics of running a village shop rather than automatically blaming the people earning the least.
Typical. Bosses of huge corporations like this are always siphoning off the mega profits when we all know they could easily give all their staff members an extra £100 an hour with zero downside to the business.
Gully, as ever, with his forensic analysis, shows that many of the moves made in yesterday's budget would not have been possible without Brexit.
Where does #FBPE sit with that, I wonder?
(cue much discomfort)
In summary:
🟥0% VAT on electricity extended to 1 July 2027
🟥Tariffs removed on 101 food products
🟥Tariffs removed on kerosene and fertiliser
🟥Carbon border tax changes
🟥Previous tariff suspensions extended on 361 goods
🟥Zero-rated VAT on land sold for social housing
🟥More generous Small Producer Relief
🟥“UK supplier” procurement rules
🟥State-backed data centre projects to “prioritise UK suppliers”
🟥Reverse charge restricted to VAT-registered businesses
If you'd like to see my bits, I've put them all online robsbits.co.uk/ (my twitter stalker is going to be SO excited!).
A rather in-depth F1 game called PitWall that's grown and grown over months
A 'can you be the chancellor of the exchequer' game
...and of course my Sunday Nonsense emails
They do look after us well, but on the other hand a set of 4 desks here (a box) runs to £20,000 a week.
£7 in the Captain’s Room at my beloved Lloyd’s of London.
I won’t be back in the building for over a week which is highly unusual for me; but I’ll be back for the event of the year.
The army, airforce, navy march into “The Room” and poppies rain down in memory of the armistice.
In 1998, there was a Tyrrell F1 driver called "ROSSET". He was useless and not very nice to his mechanics.
So one race, before sending him out, his mechanics peeled off the letters of his name from the car and put them back on, rearranged, to say TOSSER.
True story!
Another tour of the amazing Lloyd’s of London. I love doing them, people always leave visibly delighted.
Almost as delighted as me!
The minimum wage is already 2/3rds of the median wage in the UK; and now Labour want to increase it yet further.
The problem is people won’t move up the career ladder.
Why take a promotion and more work for ever decreasing rates of incremental pay?
The carer’s allowance exists to compensate people for reliving the state of the cost.
Why does that not apply to private education?
