Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
All in it together ?.....George Osborne`s family business reveals big losses.
The company losses last financial year was £ 750,000.
The third year in a row losses have been £ 150,000 the year before and £ 7,500,000 the preceding year.
The company made workforce cutbacks saving £ 500,000.However the ``Directors`` have only taken a small reduction and have kept their salaries at more than £ One million.
The company has increased borrowing by £ one million totalling now £ two million.
The company continued to donate to Party Funds until 2010.
The company turnover is £ 23 million.45% of sales are export..............35% to ``Europe``
Company accounts review states ``the company will continue to focus on `cost control`
? ` when you are in deficit you cannot keep borrowing`
? `Director`s salaries did not suffer that much through out`
Can we now bury ``we are all in this together`` ..............or is it all Brown`s fault ?
Merry Christmas.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
You are desperate Reg.
Guest 653- Registered: 13 Mar 2008
- Posts: 10,540
I was a little surprised you answered it Barry.
Roger
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
I didn't really answer what was posted Roger, it does not deserve an intelligent answer.
Guest 640- Registered: 21 Apr 2007
- Posts: 7,819
Interesting stuff though Reg. I didnt realise all that... I cant remember the name of the company now but the Osbornes are in wallpaper as I understand it.
But to be fair, that is the standard procedure though when companies hit financial trouble sadly..ie they lay off the workers.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Either that or go bust and everyone is out of work.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
or even, let it be said, cut directors pay?
stop donating to party funds?
a good point about borrowing though.
Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
lets all flock to help the poor osbournes.
Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
rather help my on family first brian
osbourne can help himself
ALL POSTS ARE MY OWN PERSONAL VIEWS
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
kieth,likewise.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
HE'S LAST GEEZER I WOOD HELP
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 640- Registered: 21 Apr 2007
- Posts: 7,819
Latest one in from Reg
Reg said the thread with Osborne but there are so many Osborne's ..so pot luck guessing this one
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"AAA batteries running low !"
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The cartoon is by Dave Brown of The Independent
If you go to all the trouble, work and investment of creating a company or organisation which then provides employment, or some decent outcomes for people, I think we should perhaps be less speedy to say that you should disadvantage yourself if things go a bit wrong for a while. Taking the risks, making the investment, supporting local employment - does that count for nothing?
But hey ho - perhaps I should have resisted........
Guest 640- Registered: 21 Apr 2007
- Posts: 7,819
Bern I dont think it counts for much. We had a business for many years, we employed people as well, but we were very much on our own. No help came from any where. We did all the shovelling ourselves and there was no one there with a net when things got difficult. Every business has some difficulty at some time..fortunately we were okay over the long term until we stopped it ourselves at the end.
We never got any acknowledgment for the effort made or for the effort made to employ people..it counted for nothing.
But then I dont think we were expecting anything either.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
So right Bern.... Businesses do work in cycles and are always having to adapt and change, sometimes it works well, sometimes less so. That is it.
I can only agree with you both.......
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
ok
ALL POSTS ARE MY OWN PERSONAL VIEWS
