Comment on: Coronavirus: Primark bosses take salary cuts
The chancellor should now issue a condition to his excellent furloughing package that no company can access the scheme unless the company halves director's and other senior salaries, or caps them at £100K, which ever is the lower.
This should apply to all companies, including football clubs!
Kirsty, it's time for Drapers, along with the BRC and senior retailers, to propose a solution rather than harping on about the problem. Government has neither the will nor the time to resolve this issue.
My proposal is to scrap business rates entirely and replace with a corresponding VAT increase. VAT is the most efficient and simple tax, and applies equally to online and offline sales. I haven't yet heard an effective rebuttal to my proposal.
What do you propose?
Comment on: MPs condemn 'broken' business rates system
Absolutely nothing new here. The report simply confirms what we have all known for years; apart from a few short-term fixes there are no proposals for reform or replacement of a broken system.
Our industry's leaders (and the BRC) must lead! We cannot wait for government to discover the answers. We must propose the solution and stop repeatedly highlighting the problem.
My consistent answer is to abolish the entire rotten system and replace with an increase in VAT, the simplest and cheapest tax, and one that applies to on-and off-line sales equally.
Comment on: Lord Rose backs Brexit deal
Lord Rose, hold your faith. This deal is as polished a txxd as our deceitful PM once described May's deal. In fact it's dangerously worse: with the deletion of the backstop there's now nothing to stop us careering towards a hard Brexit when we fail to agree a new trade deal in the months to come, which is possibly Johnson & Cummings' hidden agenda.
March with us tomorrow for a further referendum. We've come so far and it would be tragic to allow this suicide pact to continue.
Unlike you, Stuart, I voted for Brexit but have long since realised that my hopes are simply not attainable without disproportionate cost.
Comment on: Losses widen at Thomas Pink
Thank you for double-checking. The numbers certainly hint towards a bizarre performance, and are worth investigating...