
Ciaran Coyle
525 posts

Ciaran Coyle
@CiaranCoyle3
Studies 中文. Lived in Wuhan for 12 years, including thru Covid. Now back in my 2000s home of Thailand. Old school raver. YIMBY.



A minimum wage of £15 would end my coffee shop, it would have to close, as would many other businesses. I’ll explain for the economically illiterate. Staff costs are currently half our costs, a £15 minimum wage is actually more than £15 an hour for the company, because you have to add: - 12.07% holiday - Sick pay - Maternity pay if and when required - National insurance - Pension contributions These costs would mean the shop loses money because remember, energy costs are up, rates are up, regulations are up. Now you can pass these costs onto the consumer - that would mean charging a lot more for coffee, people won’t pay it. The likes of Starbucks and Costa can, because they have economies of scale. The independent doesn’t. Now the little socialist will say well this is your fault, if you can’t run a business that can afford to pay its staff properly, but the little socialist has never run a business and does not understand the dynamics. Now I could pay some staff off and fill those hours myself or reduce us to one staff member during certain periods - but this proves the point that a minimum wage costs jobs. There was a time when these jobs were done by kids, perhaps on the weekend, paid a lower wage, no holiday and no silly employment rights. Perhaps they were even paid cash. The dynamic worked and small businesses like this could operate. It was also a great first job. Sadly now it isn’t worth employing entitlement youngsters at this level of pay. So alas, I don’t need the stress, the business would close, a number of jobs would be lost. Economics is about understanding these dynamics, no vibes. The cost of living is not solved through passing on inflation to the business, it is solved by ending high inflation and creating prosperity. This is what socialists don’t understand, they can’t create prosperity, they can only destroy it.






🚨 NEW: 65% of Brits support the Green Party's policy of capping CEO pay at ten times the pay of the lowest paid employee


🔴 HS2: £46.2bn SPENT. NO TRAINS. £43.6bn on the surviving route. £2.6bn on cancelled Phase 2. Up £6bn in 6 months. Now considering slower trains to save money. Source: DfT, Feb 2026 gbtt.info/hs2.html



Our son loved the outdoors – invisible illness means he now can't walk or talk bbc.in/4sxUCVW


"The irony is, right now, we're emailing millions of customers saying their energy prices are going to fall..." Greg Jackson, CEO of Octopus Energy, says energy prices could be impacted if disruption in the Strait of Hormuz "is not over quite quickly". #Newsnight



HMS Prince of Wales unlikely to head to the Middle East bbc.in/3NszUaH









If we had allowed shale gas development in Lancs, Lincs and N Yorks, our chemical industry would not be dying, we would not be falling behind in AI, heating pensioners’ homes would be cheaper and extra revenues would be pouring into the pockets of both working-class people.














