Stop voting for fucking Tories

Where goats go to escape
User avatar
SaintK
Posts: 6620
Joined: Tue Jun 30, 2020 7:49 am
Location: Over there somewhere

dpedin wrote: Tue Jan 17, 2023 3:06 pm
tabascoboy wrote: Tue Jan 17, 2023 1:30 pm
Braverman usually plays the man/woman instead of the ball because she is a feckin useless Cnut! It's all she has and all she will give, the lack of self awareness and false superiority is fairly typical of this current bunch of clusterfuck of a Gov.
Useless does not even begin to describe Braverman.
But, on an occasion like this, a minister does have to persuade MPs that they have grasped the seriousness of the problem, and that they have the authority and grip to do something about it. And that’s where Braverman fell down today. She announced that the Wayne Couzens review will be expanded to cover the Carrick case, and she announced a review into police dismissals.

Yet neither of these announcements seemed to impress her own MPs – let alone the opposition – and what was really telling was the number of Tory backbenchers who said they agreed with Harriet Harman, the former Labour deputy leader, who called for the sacking of officers and managers who had allowed Carrick to get away with what he did.
User avatar
Sandstorm
Posts: 10884
Joined: Mon Jun 29, 2020 7:05 pm
Location: England

EnergiseR2 wrote: Tue Jan 17, 2023 4:09 pm I don't think there are too any people who is going to defend a boss who was basically telling the lad to take the raping down a notch
I shouldn't laugh....
User avatar
fishfoodie
Posts: 8223
Joined: Mon Jun 29, 2020 8:25 pm

EnergiseR2 wrote: Tue Jan 17, 2023 4:09 pm I don't think there are too any people who is going to defend a boss who was basically telling the lad to take the raping down a notch
Sorry; are we still talking about the Met ? .... or we back talking about the Tory Party ?
GogLais
Posts: 2472
Joined: Sun Oct 25, 2020 7:06 pm
Location: Wirral/Cilgwri

Ah well, maybe we can build clockwork powered cars.
Line6 HXFX
Posts: 1148
Joined: Sat Jul 04, 2020 9:31 am

Loving this lady.

User avatar
SaintK
Posts: 6620
Joined: Tue Jun 30, 2020 7:49 am
Location: Over there somewhere

Can'y be arsed to negotiate so let's try emotional blackmail instead
Image
User avatar
Sandstorm
Posts: 10884
Joined: Mon Jun 29, 2020 7:05 pm
Location: England

SaintK wrote: Wed Jan 18, 2023 10:03 am Can'y be arsed to negotiate so let's try emotional blackmail instead
Image
Stupid Tories should have raised taxes last year. We would all have grudgingly agreed that it was necessary and then they could get to an increased pay level that the NHS staff would accept.
User avatar
SaintK
Posts: 6620
Joined: Tue Jun 30, 2020 7:49 am
Location: Over there somewhere

This appears to have slipped past most papers though Private Eye have been on to it for quite a while
User avatar
tabascoboy
Posts: 6474
Joined: Tue Jun 30, 2020 8:22 am
Location: 曇りの街

Well in this Government's world view all you have to do is allow employers to take on agency workers to do the jobs of those striking or sacked for striking. What could possibly go wrong?

User avatar
Hal Jordan
Posts: 4154
Joined: Tue Jun 30, 2020 12:48 pm
Location: Sector 2814

GogLais wrote: Tue Jan 17, 2023 6:06 pm Ah well, maybe we can build clockwork powered cars.
Is this Britishvolt?

The Government wants the uk to become world leading in battery production yet do nothing to help make it happen. There seems to be no strategic thinking and direction to guide and attract investors and investment instead it just seems to be a free for all for dubious investors to churn money for some profit not actually deliver what is supposedly wanted. Very sadly they may well find the boat has already sailed.
Biffer
Posts: 9141
Joined: Mon Jun 29, 2020 6:43 pm

Hal Jordan wrote: Wed Jan 18, 2023 5:47 pm
GogLais wrote: Tue Jan 17, 2023 6:06 pm Ah well, maybe we can build clockwork powered cars.
Is this Britishvolt?

The Government wants the uk to become world leading in battery production yet do nothing to help make it happen. There seems to be no strategic thinking and direction to guide and attract investors and investment instead it just seems to be a free for all for dubious investors to churn money for some profit not actually deliver what is supposedly wanted. Very sadly they may well find the boat has already sailed.
The UK does this for every tech development. Shout about it, say we want to lead in it, do nothing to help.

I know of quantum computing company with a neat bit of tech, that spun out of a university. They spent four years trying to get investment funding but couldn’t get it in the UK, so they fucked off to the US and within a year had $600million backing.
And are there two g’s in Bugger Off?
GogLais
Posts: 2472
Joined: Sun Oct 25, 2020 7:06 pm
Location: Wirral/Cilgwri

Hal Jordan wrote: Wed Jan 18, 2023 5:47 pm
GogLais wrote: Tue Jan 17, 2023 6:06 pm Ah well, maybe we can build clockwork powered cars.
Is this Britishvolt?

The Government wants the uk to become world leading in battery production yet do nothing to help make it happen. There seems to be no strategic thinking and direction to guide and attract investors and investment instead it just seems to be a free for all for dubious investors to churn money for some profit not actually deliver what is supposedly wanted. Very sadly they may well find the boat has already sailed.
Sorry, yes. I’m sure what you say is true. I saw a map showing a couple of dozen planned and existing battery plants in the EU and none in the UK. I wonder why.
dpedin
Posts: 2975
Joined: Thu Jul 02, 2020 8:35 am

No one else worried about the Retained EU Law Bill going through Parliament at the moment. This would be the real target for the Brexit twats - the potential deregulation of lots of areas from employment to environmental laws. Retention or amendment of any laws to be decided purely by our current gov. This is what was wetting JRM and his Brexit Ultra twats pants, this is what Brexit was all about. Be warned the Sovereign Individual concept is about to arrive this year unless the more sensible tories, are there any left, decide to pull the reins in! It is going to be a feckin disaster and we are strolling right into it!
petej
Posts: 2457
Joined: Thu Nov 04, 2021 10:41 am
Location: Gwent

Biffer wrote: Wed Jan 18, 2023 5:58 pm
Hal Jordan wrote: Wed Jan 18, 2023 5:47 pm
GogLais wrote: Tue Jan 17, 2023 6:06 pm Ah well, maybe we can build clockwork powered cars.
Is this Britishvolt?

The Government wants the uk to become world leading in battery production yet do nothing to help make it happen. There seems to be no strategic thinking and direction to guide and attract investors and investment instead it just seems to be a free for all for dubious investors to churn money for some profit not actually deliver what is supposedly wanted. Very sadly they may well find the boat has already sailed.
The UK does this for every tech development. Shout about it, say we want to lead in it, do nothing to help.

I know of quantum computing company with a neat bit of tech, that spun out of a university. They spent four years trying to get investment funding but couldn’t get it in the UK, so they fucked off to the US and within a year had $600million backing.
Yep. The cost cutting management culture from finance management and management consultants is just relentless. We have an overrated and hugely overpaid management class in this country that guts ideas. If they were as good as they think they are we wouldn't have such a small manufacturing base. The worst thing that happened on my development engineering work was management jumping on the bandwagon when stuff was going well and then relentless interference, zero help and dumb short cuts.
Biffer
Posts: 9141
Joined: Mon Jun 29, 2020 6:43 pm

petej wrote: Wed Jan 18, 2023 6:38 pm
Biffer wrote: Wed Jan 18, 2023 5:58 pm
Hal Jordan wrote: Wed Jan 18, 2023 5:47 pm

Is this Britishvolt?

The Government wants the uk to become world leading in battery production yet do nothing to help make it happen. There seems to be no strategic thinking and direction to guide and attract investors and investment instead it just seems to be a free for all for dubious investors to churn money for some profit not actually deliver what is supposedly wanted. Very sadly they may well find the boat has already sailed.
The UK does this for every tech development. Shout about it, say we want to lead in it, do nothing to help.

I know of quantum computing company with a neat bit of tech, that spun out of a university. They spent four years trying to get investment funding but couldn’t get it in the UK, so they fucked off to the US and within a year had $600million backing.
Yep. The cost cutting management culture from finance management and management consultants is just relentless. We have an overrated and hugely overpaid management class in this country that guts ideas. If they were as good as they think they are we wouldn't have such a small manufacturing base. The worst thing that happened on my development engineering work was management jumping on the bandwagon when stuff was going well and then relentless interference, zero help and dumb short cuts.
It’s that and more than that. Venture capital in the UK is very risk averse compared to the USA. Government funding is also a bugger - we spend the lowest percentage of gdp on research and development amongst similar economies.
And are there two g’s in Bugger Off?
I like neeps
Posts: 3585
Joined: Tue Jun 30, 2020 9:37 am

Biffer wrote: Wed Jan 18, 2023 7:26 pm
petej wrote: Wed Jan 18, 2023 6:38 pm
Biffer wrote: Wed Jan 18, 2023 5:58 pm

The UK does this for every tech development. Shout about it, say we want to lead in it, do nothing to help.

I know of quantum computing company with a neat bit of tech, that spun out of a university. They spent four years trying to get investment funding but couldn’t get it in the UK, so they fucked off to the US and within a year had $600million backing.
Yep. The cost cutting management culture from finance management and management consultants is just relentless. We have an overrated and hugely overpaid management class in this country that guts ideas. If they were as good as they think they are we wouldn't have such a small manufacturing base. The worst thing that happened on my development engineering work was management jumping on the bandwagon when stuff was going well and then relentless interference, zero help and dumb short cuts.
It’s that and more than that. Venture capital in the UK is very risk averse compared to the USA. Government funding is also a bugger - we spend the lowest percentage of gdp on research and development amongst similar economies.
Venture capital in the US is a wild west that creates unprofitable monopolies at best and just fraud (FTX, Theranos, Nikola etc) at worst though in the free money era. Look at IPOs through the years, VC has created huge behemoths that are services that aren't needed and aren't profitable.

R&D funding is a real issue. UK has world class universities and don't support the spin outs enough.
Last edited by I like neeps on Wed Jan 18, 2023 8:01 pm, edited 1 time in total.
Slick
Posts: 11913
Joined: Tue Jun 30, 2020 2:58 pm

Biffer wrote: Wed Jan 18, 2023 5:58 pm
Hal Jordan wrote: Wed Jan 18, 2023 5:47 pm
GogLais wrote: Tue Jan 17, 2023 6:06 pm Ah well, maybe we can build clockwork powered cars.
Is this Britishvolt?

The Government wants the uk to become world leading in battery production yet do nothing to help make it happen. There seems to be no strategic thinking and direction to guide and attract investors and investment instead it just seems to be a free for all for dubious investors to churn money for some profit not actually deliver what is supposedly wanted. Very sadly they may well find the boat has already sailed.
The UK does this for every tech development. Shout about it, say we want to lead in it, do nothing to help.

I know of quantum computing company with a neat bit of tech, that spun out of a university. They spent four years trying to get investment funding but couldn’t get it in the UK, so they fucked off to the US and within a year had $600million backing.
This is not an SG bashing post but I was speaking to someone pretty senior in SDI yesterday who was telling me about the hydrogen plans. It seems the plan is focussed on being a hydrogen exporter and all the funding is going that way but there is virtually no support for the research or supply chain to actually get us there. He pretty much admitted it was completely bonkers and they have an end goal but no idea how to get there
All the money you made will never buy back your soul
shaggy
Posts: 416
Joined: Sat Jan 02, 2021 11:11 am

Slick wrote: Wed Jan 18, 2023 7:59 pm
Biffer wrote: Wed Jan 18, 2023 5:58 pm
Hal Jordan wrote: Wed Jan 18, 2023 5:47 pm

Is this Britishvolt?

The Government wants the uk to become world leading in battery production yet do nothing to help make it happen. There seems to be no strategic thinking and direction to guide and attract investors and investment instead it just seems to be a free for all for dubious investors to churn money for some profit not actually deliver what is supposedly wanted. Very sadly they may well find the boat has already sailed.
The UK does this for every tech development. Shout about it, say we want to lead in it, do nothing to help.

I know of quantum computing company with a neat bit of tech, that spun out of a university. They spent four years trying to get investment funding but couldn’t get it in the UK, so they fucked off to the US and within a year had $600million backing.
This is not an SG bashing post but I was speaking to someone pretty senior in SDI yesterday who was telling me about the hydrogen plans. It seems the plan is focussed on being a hydrogen exporter and all the funding is going that way but there is virtually no support for the research or supply chain to actually get us there. He pretty much admitted it was completely bonkers and they have an end goal but no idea how to get there
They are relying solely on oil majors. Costs nothing but you outsource the risk and profit.
User avatar
lemonhead
Posts: 568
Joined: Mon Jun 29, 2020 8:11 pm

dpedin wrote: Wed Jan 18, 2023 6:17 pm No one else worried about the Retained EU Law Bill going through Parliament at the moment. This would be the real target for the Brexit twats - the potential deregulation of lots of areas from employment to environmental laws. Retention or amendment of any laws to be decided purely by our current gov. This is what was wetting JRM and his Brexit Ultra twats pants, this is what Brexit was all about. Be warned the Sovereign Individual concept is about to arrive this year unless the more sensible tories, are there any left, decide to pull the reins in! It is going to be a feckin disaster and we are strolling right into it!
Had thought this would quietly be extended when Truss and Mogg staggered out the exit door but the piece of shit is still here.

No one actually knows how much legislation is affected by everything lapsing all at once.
dpedin
Posts: 2975
Joined: Thu Jul 02, 2020 8:35 am

lemonhead wrote: Thu Jan 19, 2023 8:35 am
dpedin wrote: Wed Jan 18, 2023 6:17 pm No one else worried about the Retained EU Law Bill going through Parliament at the moment. This would be the real target for the Brexit twats - the potential deregulation of lots of areas from employment to environmental laws. Retention or amendment of any laws to be decided purely by our current gov. This is what was wetting JRM and his Brexit Ultra twats pants, this is what Brexit was all about. Be warned the Sovereign Individual concept is about to arrive this year unless the more sensible tories, are there any left, decide to pull the reins in! It is going to be a feckin disaster and we are strolling right into it!
Had thought this would quietly be extended when Truss and Mogg staggered out the exit door but the piece of shit is still here.

No one actually knows how much legislation is affected by everything lapsing all at once.
Exactly - current estimates are 1,000s of pieces of legislation all with associated case law, precedent, etc over many years. Much of the so called EU laws were ones that the UK asked for and supported - I think the UK voted approval with c95%+ of all EU votes? The civil service can't cope with going through all this within the timescales involved and the current Parliament hasn't the capacity to consider every law that is being repealed and needing replaced or amended. The current bill would allow the Gov and its minister to make decision via statuary instruments as to the new laws - do we really want Coffey deciding new environmental laws, Braverman deciding new immigration legislation, etc.

This is exactly what the Brexit vote was all about the deregulation of the UK and the creation of new laws by the Brexit Ultras and right wing zealots funded by big business via Tufton Street, etc. This is the real battleground not the diversionary small boats in the channel/protecting our borders racist crap - that was just a means to an end, use the inherent racist little Englander mentality to drive the Brexit wedge through. It looks like JRM his Sovereign Individual supporters and the Britannia Unchained mob will get their way after all and we are sleep walking into it as a country.
I like neeps
Posts: 3585
Joined: Tue Jun 30, 2020 9:37 am

Don't think this is true, the legislation will be tied up in the lord's for a year and then next year is electioneering and not much will get done.
Slick
Posts: 11913
Joined: Tue Jun 30, 2020 2:58 pm

shaggy wrote: Wed Jan 18, 2023 10:04 pm
Slick wrote: Wed Jan 18, 2023 7:59 pm
Biffer wrote: Wed Jan 18, 2023 5:58 pm

The UK does this for every tech development. Shout about it, say we want to lead in it, do nothing to help.

I know of quantum computing company with a neat bit of tech, that spun out of a university. They spent four years trying to get investment funding but couldn’t get it in the UK, so they fucked off to the US and within a year had $600million backing.
This is not an SG bashing post but I was speaking to someone pretty senior in SDI yesterday who was telling me about the hydrogen plans. It seems the plan is focussed on being a hydrogen exporter and all the funding is going that way but there is virtually no support for the research or supply chain to actually get us there. He pretty much admitted it was completely bonkers and they have an end goal but no idea how to get there
They are relying solely on oil majors. Costs nothing but you outsource the risk and profit.
Could you expand on this a bit? Genuinely interested
All the money you made will never buy back your soul
Rhubarb & Custard
Posts: 2097
Joined: Tue Jun 30, 2020 4:04 pm

I like neeps wrote: Thu Jan 19, 2023 10:05 am Don't think this is true, the legislation will be tied up in the lord's for a year and then next year is electioneering and not much will get done.
It is though a next step for the lunatic fringe of the Tory Party, which one can pretty much now just call the Tory Party. A bonfire of legislation with no commitment to what comes next, some BS spouted about we'll have better standards, but we won't. And they are in this for the long haul, it took them decades to get Brexit, they'll not give up on this just because they look likely to lose one election
Rhubarb & Custard
Posts: 2097
Joined: Tue Jun 30, 2020 4:04 pm

Biffer wrote: Wed Jan 18, 2023 5:58 pm
Hal Jordan wrote: Wed Jan 18, 2023 5:47 pm
GogLais wrote: Tue Jan 17, 2023 6:06 pm Ah well, maybe we can build clockwork powered cars.
Is this Britishvolt?

The Government wants the uk to become world leading in battery production yet do nothing to help make it happen. There seems to be no strategic thinking and direction to guide and attract investors and investment instead it just seems to be a free for all for dubious investors to churn money for some profit not actually deliver what is supposedly wanted. Very sadly they may well find the boat has already sailed.
The UK does this for every tech development. Shout about it, say we want to lead in it, do nothing to help.

I know of quantum computing company with a neat bit of tech, that spun out of a university. They spent four years trying to get investment funding but couldn’t get it in the UK, so they fucked off to the US and within a year had $600million backing.
A problem made much, much worse by Brexit.

There is for all the US will bluster the investment could go anywhere there are some real domestic issues for them that tend to see the real money stay stateside, but they were much keener when it was but a hop, skip and a jump from the UK to Europe with the free movement they adored when it came to shuttling between academic institutions and shuttling researchers between them too.

Now they find it easier just to pay for the talent they want to fly in/out of the USA or just move to the USA
User avatar
Tichtheid
Posts: 9400
Joined: Wed Aug 26, 2020 11:18 am

.
Attachments
9E5193F3-91C6-4969-ABEE-641E34B14E65.jpeg
9E5193F3-91C6-4969-ABEE-641E34B14E65.jpeg (205.07 KiB) Viewed 1018 times
petej
Posts: 2457
Joined: Thu Nov 04, 2021 10:41 am
Location: Gwent

Slick wrote: Wed Jan 18, 2023 7:59 pm
Biffer wrote: Wed Jan 18, 2023 5:58 pm
Hal Jordan wrote: Wed Jan 18, 2023 5:47 pm

Is this Britishvolt?

The Government wants the uk to become world leading in battery production yet do nothing to help make it happen. There seems to be no strategic thinking and direction to guide and attract investors and investment instead it just seems to be a free for all for dubious investors to churn money for some profit not actually deliver what is supposedly wanted. Very sadly they may well find the boat has already sailed.
The UK does this for every tech development. Shout about it, say we want to lead in it, do nothing to help.

I know of quantum computing company with a neat bit of tech, that spun out of a university. They spent four years trying to get investment funding but couldn’t get it in the UK, so they fucked off to the US and within a year had $600million backing.
This is not an SG bashing post but I was speaking to someone pretty senior in SDI yesterday who was telling me about the hydrogen plans. It seems the plan is focussed on being a hydrogen exporter and all the funding is going that way but there is virtually no support for the research or supply chain to actually get us there. He pretty much admitted it was completely bonkers and they have an end goal but no idea how to get there
Not an SG bashing post. You need to apply this across the whole of UK manufacturing. It is all hollowed out.
shaggy
Posts: 416
Joined: Sat Jan 02, 2021 11:11 am

Slick wrote: Thu Jan 19, 2023 10:18 am
shaggy wrote: Wed Jan 18, 2023 10:04 pm
Slick wrote: Wed Jan 18, 2023 7:59 pm

This is not an SG bashing post but I was speaking to someone pretty senior in SDI yesterday who was telling me about the hydrogen plans. It seems the plan is focussed on being a hydrogen exporter and all the funding is going that way but there is virtually no support for the research or supply chain to actually get us there. He pretty much admitted it was completely bonkers and they have an end goal but no idea how to get there
They are relying solely on oil majors. Costs nothing but you outsource the risk and profit.
Could you expand on this a bit? Genuinely interested
Aberdeen Hydrogen Hub JV with bp. bp have invested heavily on the role of hydrogen and are busy engaging in many countries. This allows the host country to sit back and rely on the skills and expertise of the oil major and with almost no financial risk until pre-FEED completed.
petej
Posts: 2457
Joined: Thu Nov 04, 2021 10:41 am
Location: Gwent

What I find totally gutting about this transition away from fossil fuels is how the UK isn't going to be able to benefit due to brexit and an awful government. It is absolutely gutting. I can't believe people aren't angrier and the country is so placid as the government reduces living standards and life expectancy.
User avatar
Torquemada 1420
Posts: 11155
Joined: Thu Jul 02, 2020 8:22 am
Location: Hut 8

So now Rishi thinks seatbelt laws don't apply to him. Shades of Jack Straw caught speeding: "Do you know who I am?".
Blackmac
Posts: 3231
Joined: Wed Jul 01, 2020 4:04 pm

Torquemada 1420 wrote: Fri Jan 20, 2023 8:50 am So now Rishi thinks seatbelt laws don't apply to him. Shades of Jack Straw caught speeding: "Do you know who I am?".
In the grand scheme of things I find this petty bullshit quite tiresome regardless of the politician. Likely a momentary lapse. I'm sure he'll accept his £60 conditional offer to stop the hysteria and move on.
User avatar
Sandstorm
Posts: 10884
Joined: Mon Jun 29, 2020 7:05 pm
Location: England

Blackmac wrote: Fri Jan 20, 2023 9:04 am
Torquemada 1420 wrote: Fri Jan 20, 2023 8:50 am So now Rishi thinks seatbelt laws don't apply to him. Shades of Jack Straw caught speeding: "Do you know who I am?".
In the grand scheme of things I find this petty bullshit quite tiresome regardless of the politician. Likely a momentary lapse. I'm sure he'll accept his £60 conditional offer to stop the hysteria and move on.
Good chance for him to prove he's "not Boris", accept the fine & pay it pronto.
User avatar
PCPhil
Posts: 2422
Joined: Tue Jun 30, 2020 10:06 am
Location: Where rivers meet

Feeds into the narrative that, “normal rules shouldn’t apply to us.”
If an 18 year old filmed a video of himself showing off with big talk and not wearing a set belt and then posted on social media……….
“It was a pet, not an animal. It had a name, you don't eat things with names, this is horrific!”
User avatar
SaintK
Posts: 6620
Joined: Tue Jun 30, 2020 7:49 am
Location: Over there somewhere

Blackmac wrote: Fri Jan 20, 2023 9:04 am
Torquemada 1420 wrote: Fri Jan 20, 2023 8:50 am So now Rishi thinks seatbelt laws don't apply to him. Shades of Jack Straw caught speeding: "Do you know who I am?".
In the grand scheme of things I find this petty bullshit quite tiresome regardless of the politician. Likely a momentary lapse. I'm sure he'll accept his £60 conditional offer to stop the hysteria and move on.
It's funny how many MP's have "momentary lapses" when it comes to lawbreaking!
And it's a potential £500 fine not £60
User avatar
PCPhil
Posts: 2422
Joined: Tue Jun 30, 2020 10:06 am
Location: Where rivers meet

Ambushed by video.
“It was a pet, not an animal. It had a name, you don't eat things with names, this is horrific!”
User avatar
SaintK
Posts: 6620
Joined: Tue Jun 30, 2020 7:49 am
Location: Over there somewhere

No wonder he's gone into hiding and Sunak deadbatted a couple of questions at PMQ's on Werdnesday
He's always come over as a truly slippery bastard but then when this story first broke it was all "smears"
The Conservative party chair, Nadhim Zahawi, agreed to pay a penalty to HMRC as part of a seven-figure settlement over his tax affairs, the Guardian has been told.
The former chancellor, who still attends the cabinet, has been subject to extensive questions in parliament and the media in recent days after it emerged he agreed to pay millions to HMRC in December after a settlement with the tax agency.
Experts estimate the tax due was about £3.7m based on the capital gains tax incurred by the sale of multiple tranches of shares in YouGov worth more than £20m, which led to transfers of money to Zahawi.
It is understood HMRC applied a 30% penalty to the £3.7m, bringing the total due to £4.8m. Combined with interest charges that HMRC also applies to taxes owed, this is believed to have taken the final settlement to more than £5m.
https://www.theguardian.com/uk-news/20 ... millions
User avatar
tabascoboy
Posts: 6474
Joined: Tue Jun 30, 2020 8:22 am
Location: 曇りの街

SaintK wrote: Fri Jan 20, 2023 12:49 pm No wonder he's gone into hiding and Sunak deadbatted a couple of questions at PMQ's on Werdnesday
He's always come over as a truly slippery bastard but then when this story first broke it was all "smears"
The Conservative party chair, Nadhim Zahawi, agreed to pay a penalty to HMRC as part of a seven-figure settlement over his tax affairs, the Guardian has been told.
The former chancellor, who still attends the cabinet, has been subject to extensive questions in parliament and the media in recent days after it emerged he agreed to pay millions to HMRC in December after a settlement with the tax agency.
Experts estimate the tax due was about £3.7m based on the capital gains tax incurred by the sale of multiple tranches of shares in YouGov worth more than £20m, which led to transfers of money to Zahawi.
It is understood HMRC applied a 30% penalty to the £3.7m, bringing the total due to £4.8m. Combined with interest charges that HMRC also applies to taxes owed, this is believed to have taken the final settlement to more than £5m.
https://www.theguardian.com/uk-news/20 ... millions
No doubt this will be spun as an honest mistake and now he's made good, so shut up about it, plebs...politics of envy and all that.

So, this site has put together the most likely scenarios as
3. Failed tax avoidance scheme. Zahawi was fully advised on the structure by a reputable law/accounting firm, and honestly believed it worked. The advisers were idiots, but he couldn’t know that. You might think Zahawi acted immorally, but that’s a value judgment – legally he’s squeaky clean. This feels somewhat unlikely to me, as the structure is so amateur. But it’s possible. Consequence: the tax is due, with interest. Very possibly no penalties. Zahawi should sue his advisers.

4. Non-compliant. Zahawi winged it, took no advice (except perhaps from his father or friends), and blundered into a situation where a pile of tax was legally payable, but he didn’t know that. This is very plausible, and forgivable, when a startup is founded – i.e. YouGov back in 2000. In my view it’s much less plausible once Zahawi started receiving serious sums of money from the structure – perhaps £25m or more. Surely at that point you’d obtain advice? Consequence: tax, plus interest, plus penalties of 10% to 100% (and possibly 200%) – depending on the precise facts

5. Tax evasion. Zahawi knew the YouGov proceeds were taxable, but dishonestly failed to pay or report the arrangements to HMRC. Or he was so reckless about it that it amounts to dishonesty. Consequence: tax, plus interest, plus penalties at the top end of that 10% to 100% range (maybe even 200%). Prosecution for tax evasion and potential jail time.
At the moment it looks like 4 but we should have facts made public to ensure it isn't 5.
User avatar
Hal Jordan
Posts: 4154
Joined: Tue Jun 30, 2020 12:48 pm
Location: Sector 2814

shaggy wrote: Thu Jan 19, 2023 5:11 pm
Slick wrote: Thu Jan 19, 2023 10:18 am
shaggy wrote: Wed Jan 18, 2023 10:04 pm

They are relying solely on oil majors. Costs nothing but you outsource the risk and profit.
Could you expand on this a bit? Genuinely interested
Aberdeen Hydrogen Hub JV with bp. bp have invested heavily on the role of hydrogen and are busy engaging in many countries. This allows the host country to sit back and rely on the skills and expertise of the oil major and with almost no financial risk until pre-FEED completed.
Blue or green hydrogen, because if the former then we may as well keep on going with gas, because it's a total climate scam.
Blackmac
Posts: 3231
Joined: Wed Jul 01, 2020 4:04 pm

SaintK wrote: Fri Jan 20, 2023 10:36 am
Blackmac wrote: Fri Jan 20, 2023 9:04 am
Torquemada 1420 wrote: Fri Jan 20, 2023 8:50 am So now Rishi thinks seatbelt laws don't apply to him. Shades of Jack Straw caught speeding: "Do you know who I am?".
In the grand scheme of things I find this petty bullshit quite tiresome regardless of the politician. Likely a momentary lapse. I'm sure he'll accept his £60 conditional offer to stop the hysteria and move on.
It's funny how many MP's have "momentary lapses" when it comes to lawbreaking!
And it's a potential £500 fine not £60
[/quote

There are a lot of maximum fines and sentences but do you really think they are ever imposed.
The vast majority of seat belt offences are dealt with by conditional offer which I believe might have gone up to £90. Why wouldn't this.
Slick
Posts: 11913
Joined: Tue Jun 30, 2020 2:58 pm

Hal Jordan wrote: Fri Jan 20, 2023 1:38 pm
shaggy wrote: Thu Jan 19, 2023 5:11 pm
Slick wrote: Thu Jan 19, 2023 10:18 am

Could you expand on this a bit? Genuinely interested
Aberdeen Hydrogen Hub JV with bp. bp have invested heavily on the role of hydrogen and are busy engaging in many countries. This allows the host country to sit back and rely on the skills and expertise of the oil major and with almost no financial risk until pre-FEED completed.
Blue or green hydrogen, because if the former then we may as well keep on going with gas, because it's a total climate scam.
Apparently Germany have made such big moves towards green hydrogen that have no chance of being supplied that they have fucked it all off and signed a massive deal with Norway for the blue stuff
All the money you made will never buy back your soul
shaggy
Posts: 416
Joined: Sat Jan 02, 2021 11:11 am

Hal Jordan wrote: Fri Jan 20, 2023 1:38 pm
shaggy wrote: Thu Jan 19, 2023 5:11 pm
Slick wrote: Thu Jan 19, 2023 10:18 am

Could you expand on this a bit? Genuinely interested
Aberdeen Hydrogen Hub JV with bp. bp have invested heavily on the role of hydrogen and are busy engaging in many countries. This allows the host country to sit back and rely on the skills and expertise of the oil major and with almost no financial risk until pre-FEED completed.
Blue or green hydrogen, because if the former then we may as well keep on going with gas, because it's a total climate scam.
Depends on the location as far as I can work out. Locations with an abundance or potential for renewables will be green, but those without would be blue or a combination. Also depends on the consumers, heavy industry is more likely to be blue as it is needs high availability.

The blue variety is also indelibly linked to carbon capture technology. The oil majors (non US ones anyway) understand the need to move away from being carbon emitters as their sources of borrowing are requiring it too.

As you can see the whole potential of hydrogen requires vast sums of investment and engineering know how, which is why governments are largely leaving this to oil majors. They don’t want the financial risk but can happily play a political game as there is little exposure to losing the next election due to having to continue with the current energy mix if their partners fail.
Post Reply