The Good News thread, local jobs, economy etc

[MooseBreath]

What a shame you two are so desperate to resort to your incredible levels of cynicism and negativity that you haven't bothered to look at that amazing story.

Edited 27 February 2014 by MooseBreath

[bovril]

http://www.dailymail.co.uk/health/article-2567455/Cancer-patients-lethal-70-tumours-disappear-just-two-WEEKS-thanks-pioneering-treatment.html

 

Well with the amount of things in that paper that cause cancer it's not surprising the Mail is finally reporting we've found a cure!

[Webbo]

Let me guess. The economy is booming. Everyone is loaded and everyone is happy with their lives.

Actually it's a successful New treatment for cancer. Perhaps we don't have the right to be happy about while IDS is deliberately murdering people with the bedroom tax but I thought it was good news.

[Guest MattP]

Royal Bank of Scotland posts biggest loss in six years !!

http://www.bbc.co.uk/news/uk-england-26364715

Despite this increase, £576m was set aside for staff bonuses, a drop of 15% on 2012. Of that sum, £237m went to investment bankers.

great news !!

It's a tough one.

It looks terrible but why should the ones who have done a good job suffer?

If you made your company money, did everything asked of you, then other people ****ed up so your company made a loss, would you think it fair you lost your bonus?

[Guest MattP]

What a shame you two are so desperate to resort to your incredible levels of cynicism and negativity that you haven't bothered to look at that amazing story.

I think they did look, the guy was a working family man though, deserving of cancer.

He doesn't know what it's like to be homeless.

Edited 27 February 2014 by MattP

[separator]

Co-Op to sell 9,000 acres of Leicestershire farmland

 

http://www.leicestermercury.co.uk/operative-Group-sell-9-000-acres-farmland/story-20709308-detail/story.html

 

This land includes the area for that 'eco-town' that was planned a few years back.

[Zingari]

I think they did look, the guy was a working family man though, deserving of cancer.

He doesn't know what it's like to be homeless.

Yes i did look at that cancer cure link but i thought it had been posted in the wrong thread . it's not really anything to do with jobs or the economy or owt . 

[Webbo]

Yes i did look at that cancer cure link but i thought it had been posted in the wrong thread . it's not really anything to do with jobs or the economy or owt . 

It is good news. Plenty of people post bad news in this thread which isn't anything to do with this thread.

[Zingari]

It is good news. Plenty of people post bad news in this thread which isn't anything to do with this thread.

I shagged the Carol Vordeman lookalike barmaid at the Bull's Head  the other night but i didn't post it in here                                            ( i didn't really)

 

and anyway i do only post good news , the RBS bankers got their bonuses didn't they ?

[Guest MattP]

I shagged the Carol Vordeman lookalike barmaid at the Bull's Head  the other night but i didn't post it in here                                            ( i didn't really)

 

and anyway i do only post good news , the RBS bankers got their bonuses didn't they ?

 

Of course, if they did a job properly they should be rewarded.

 

I thought you would be happy seeing bonuses go into workers pockets rather than rich men in the boardroom?

[Zingari]

 

 

Of course, if they did a job properly they should be rewarded.

 

I thought you would be happy seeing bonuses go into workers pockets rather than rich men in the boardroom?

presumably all the staff at RBS  did a good job , but many are set to lose them .

Edited 27 February 2014 by Zingari

[Guest MattP]

presumably all the staff at RBS  did a good job , but many are set to lose them .

 

Yes that what sometimes happens when companies lose money, I was made redundant once when other still got a bonus, I didn't harbour any grudge or blame.

 

I brushed myself off, got up and went looking for a new adventure in life.

[Zingari]

thats fine matt , but presumably all the other staff have done their jobs too right ? so if everything is all going swimmingly why do they need to lose their jobs ?

maybe i agree to a certain degree that the culture of benefit scroungers needs to stop , but so does the culture of paying huge bonuses to people who are only doing the job they are paid to do , ie run the bank  properly .  

Edited 27 February 2014 by Zingari

[Guest MattP]

thats fine matt , but presumably all the other staff have done their jobs too right ? so if everything is all going swimmingly why do they need to lose their jobs ?

maybe i agree to a certain degree that the culture of benefit scroungers needs to stop , but so does the culture of paying huge bonuses to people who are only doing the job they are paid to do , ie run the bank  properly .  

 

I haven't said it's all going swimmingly, it clearly isn't with the losses being made.

 

Bonuses are paid to bankers on the profits they make the bank, of you don't pay those they'l leave to New York, Geneva wherever and we'll be left with the ones who continue to make losses and we'll lose even more than we are doing now.

 

In any business you pay for the best, this is no different, people are just looking for scapegoats and are trying to punish successful people.

[Smudge]

thats fine matt , but presumably all the other staff have done their jobs too right ? so if everything is all going swimmingly why do they need to lose their jobs ?

maybe i agree to a certain degree that the culture of benefit scroungers needs to stop , but so does the culture of paying huge bonuses to people who are only doing the job they are paid to do , ie run the bank  properly .  

It's almost impossible to debate this subject since we don't know the details of accounts or the bonus schemes. Nevertheless, I would be highly surprised if the bonuses are not performance related. If targets aren't achieved bonuses shouldn't be paid. I'm not in banking so I have no idea why they pay bonuses to merchant bankers but I would assume that they are commissions for bringing business to the RBS.

 

A bonus is a part of the pay package and is industry wide. Banking being a global industry they have to find talent in that market.

 

The other point is, if they hadn't paid the bonuses, they may have lost even more money? Like I said we have no idea what has gone on. 

 

They are obviously in a restructuring phase and sometimes you need to maintain the structure and eat the cost as long as the strategy reaches it's goal. 

[Zingari]

I haven't said it's all going swimmingly, it clearly isn't with the losses being made.

 

Bonuses are paid to bankers on the profits they make the bank, of you don't pay those they'l leave to New York, Geneva wherever and we'll be left with the ones who continue to make losses and we'll lose even more than we are doing now.

 

In any business you pay for the best, this is no different, people are just looking for scapegoats and are trying to punish successful people.

weren't we told the same thing about the previous management that got into the mess that is still having to be paid for ?

[Zingari]

 

It's almost impossible to debate this subject since we don't know the details of accounts or the bonus schemes. Nevertheless, I would be highly surprised if the bonuses are not performance related. If targets aren't achieved bonuses shouldn't be paid. I'm not in banking so I have no idea why they pay bonuses to merchant bankers but I would assume that they are commissions for bringing business to the RBS.

 

A bonus is a part of the pay package and is industry wide. Banking being a global industry they have to find talent in that market.

 

The other point is, if they hadn't paid the bonuses, they may have lost even more money? Like I said we have no idea what has gone on. 

 

They are obviously in a restructuring phase and sometimes you need to maintain the structure and eat the cost as long as the strategy reaches it's goal. 

the same argument was used top pay huge bonuses the last bunch that got the bank into so much trouble .

how can we be sure the same thing isn't going to happen 5 years on ?

Edited 27 February 2014 by Zingari

[Guest MattP]

weren't we told the same thing about the previous management that got into the mess that is still having to be paid for ?

 

I don't remember being told that no.

[Zingari]

I don't remember being told that no.

so you don't think the previous management were paid performance related bonuses ?

[Smudge]

the same argument was used top pay huge bonuses the last bunch that got the bank into so much trouble .

how can we be sure the same thing isn't going to happen 5 years on ?

You don't do you? But the shareholders should make their voices known. They are the ultimate people in charge

[Guest MattP]

so you don't think the previous management were paid performance related bonuses ?

 

Of course they were, who isn't in any business?

[Zingari]

Of course they were, who isn't in any business?

so they were paid "performance related" bonuses for being so good at what they do   , but  this very same performance led to the collapse ? 

am i missing something here ?

[Zingari]

RBS share prices tumbling despite having such a good management team

 

http://www.bbc.co.uk/news/uk-england-26364715

 

RBS shares were down by almost 10% to 320p, wiping almost £2bn off its stock market value. The average price paid by the government in 2008 was 500p

 

oh dear !

Edited 27 February 2014 by Zingari

[Smudge]

RBS share prices tumbling despite having such a good management team

 

http://www.bbc.co.uk/news/uk-england-26364715

Might be a good time to buy, at some stage they could be ripe for a takeover. Then again it may not  Go Zing have a cheeky £100 punt.

[Zingari]

 

 

 

Might be a good time to buy, at some stage they could be ripe for a takeover. Then again it may not  Go Zing have a cheeky £100 punt.

i might just do that   

Edited 27 February 2014 by Zingari