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lady-janine | 17:48 Mon 22nd Aug 2022 | News
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I am finding it a little difficult to understand this constant need to strike.
I fully understand the need for more money and I also think that there are some very fat, overpaid cats around but I feel quite sure they will not lose their bonuses or share dividends when pay day comes round.
All I can see happening is that eventually all strike payments will eventually passed on to customers and so no one will be better off.
I would love to see my pension increase by a substantial amount but doubt that it will and anyway it would be passed on to tax payers who will then want another rise.
The whole thing is a complete roundabout.

Does anyone agree with me or am I completely wrong?

The only people not to lose will be the fat cats and strike leader who never lose out whatever happens.
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davebro
//bloomin snowflakes - I wonder what they would do if we had another period of 3-day weeks, electricity rationing, no central heating, running a light bulb from an old car battery, mortgage interest at 16%.

They don't know they are born!//

It’s about to be reprised in a couple of months or so.
// I wonder what they would do if we had another period of 3-day weeks, electricity rationing, no central heating, running a light bulb from an old car battery, mortgage interest at 16%. //

More nostalgia for the Heath & Thatcher Governments.
AND - I went to the post office and got my petrol rationing coupons "just in case".
//Can you point me to some of the companies paying massive dividends, they aren't the ones I'm invested in!//

Unfortunately they dont exist. What people on here with very limited knowledge of how these things work, goaded by the MSM I must add, fail to realise is that the large sums bandied about are divided by bucket loads of shareholders that have risked their money. They also forget shares go down as well as up as do dividend payments.

Without these shareholders there would be no business and no product to buy. Wonder what all the keyboard warriors would say to that?
//More nostalgia for the Heath & Thatcher Governments. //

Or even the Callaghan government.

https://en.wikipedia.org/wiki/Winter_of_Discontent
youngmafbog
//Can you point me to some of the companies paying massive dividends, they aren't the ones I'm invested in!//

/Unfortunately they dont exist./

https://www.thisismoney.co.uk/money/markets/article-10216027/amp/Royal-Mail-shareholders-line-bumper-payouts.html

https://amp.theguardian.com/money/2019/nov/14/shareholder-payouts-wages-tuc

https://www.cityam.com/bp-and-shell-set-to-unveil-massive-profits-and-payouts-amid-growing-calls-for-windfall-tax/?amp=1


Youngmafbog lives in the same realms of fantasy as Paigntonian does when it comes to assertions but again, given their proximity I’m not surprised, it must be catching in their neck of the woods.
Talking of which, ToraToraTora is a bit quiet after his initial spurt this morning?
All those striking need to remember when the country was on lockdown the government paid them furlough so they could still be employed .
//All those striking need to remember ..//

They won't. Short memories abound.
// 3-day weeks, electricity rationing, no central heating, running a light bulb from an old car battery //

_____

// The Three-Day Week was one of several measures introduced in the United Kingdom in 1973-1974 by Edward Heath's Conservative government to conserve electricity, the generation of which was severely restricted owing to industrial action by coal miners and railway workers.

From 1 January 1974, commercial users of electricity were limited to three specified consecutive days' consumption each week and prohibited from working longer hours on those days. //
_____

UK interest rates peaked in 1979 at 17% under Thatcher. They were hiked briefly to 15% on Black Wednesday.
Rumour has it that anyone can buy shares and reap in these massive dividends.
webbo3
//All those striking need to remember when the country was on lockdown the government paid them furlough so they could still be employed .//

Just as well to remember that not all those striking were furloughed, many worked through it whilst the government were handing out Covid contracts to their mates and donors.
royfromaus
//Rumour has it that anyone can buy shares and reap in these massive dividends.//

Indeed, everyone is overwhelmed with disposable income at the moment, it’s all the rage don’t you know?
It is worth looking at the historic inflation rate too.

In 1978 during the Winter of Discontent the UK inflation rate was 8% (lower than now). After all the strikes it had more than doubled to 17% a year later.

Let’s hope history doesn’t repeat itself.
'Indeed, everyone is overwhelmed with disposable income at the moment, it’s all the rage don’t you know?'

I believe potential share-buyers have had a long long time to buy shares. Have you been skint all your life, Fatticus?
royfromaus
//'Indeed, everyone is overwhelmed with disposable income at the moment, it’s all the rage don’t you know?'

I believe potential share-buyers have had a long long time to buy shares. Have you been skint all your life, Fatticus?//

Who said I’m skint?
You’re letting your imagination run away with you, need to get a grip on that before it…..never mind, probably too late anyway.
So you're not skint, just not very astute?
Preferred scratchcards?
royfromaus
//So you're not skint, just not very astute?
Preferred scratchcards?//

Preferred not to gamble.
Stocks and shares weren’t top of the agenda in a sangar or foot patrol as a young man.
We all lead a different path.
What were you? Yuppie? Sloan Ranger?
Now the postal workers are today joining the fray. I have just watched their banner-waving demonstrators on TV, I would say they are of the 'Generation X', (born 1965- 1985) & younger.

Most of them look overweight, they have never gone without anything in their lives caused by hardship.

Britain, like every other country has just undergone a pandemic of biblical proportions & there is a war in Ukraine which is impacting on everyone's lives & creating cost of living increases.

If inflation is at 10% then they must have a pay increase of 10%, - natch! - isn't this all economics of the nursery? They have been offered a rise, but it's never enough of course.

Economising, it seems is an unheard of concept.
Today joining the fray?
You didn’t hear about the initial one last Friday then?
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The leadership to grab, grab, grab seems to come from the top. It would be wonderful to have leaders who think of their country rather than themselves and their 'friends', all of whom seem to have an overwhelming want for more all the time.

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