Steve Davis

Adjusted pretax profit £3.1bn. Tax the company's £1.55bn. Split rest tax free, then recover income tax on the money paid to staff. If ave employee works 0.4 fte as you suggest then the £1.55bn gets shared between 132000 ftes, making share £11742. Then pro-rata'd for p/timers

@kneeandathal So, so true. What we should do is wait for most of them to fail and buy them back into public ownership for the princely sum of one British pound.

🇬🇧✌️

@Normanjam67 So true. Employers should be sent the bill for their employees' benefit payments. Or be made to share 50% of each year's profits equally amongst all staff. This cannot be allowed to go on.

Remember folks, If you are working and claiming Universal Credit to survive. You're not getting a benefit. You're employer and landlord are.

@AvonandsomerRob Yep. I no longer buy Coca Cola products because they have a plant built on land stolen from the Palestinian people.

Have you ever BOYCOTTED a company or product because of their politics?

@GyllKing Wouldn't it just? And the best thing of all? Only the shareholders lose out. But it's still making £1.5 billion a year, so their investment isn't exactly worthless, is it?

@steved4000 That would go a long way to freeing up some tax payer money for the nice things we’re told we can’t have.

Tesco make £3 billion plus profits and yet nearly ALL of their shop floor staff are in receipt of universal credit. Shareholders and profits directly subsidised by the taxpayer. Tescos are the benefit scroungers. How hard can it be to outlaw this?

@BladeoftheS Long overdue. Either send the bill for their employees' benefits to Tesco or make them share out 50% of annual profits equally amongst all their workers.

Tesco are making £4bn a year in profit. About 50% of their staff are on Universal Credit. Why don't we crackdown on this unneeded benefit for billionaires?

@JamesCleverly Yeah, whatever. Prove it.

Labour will try and take credit for this reduction in net migration. But it is mainly due to the visa changes that I introduced as Home Secretary in Dec 2023 and which Labour opposed at the time.

@GyllKing That would mean every Tesco worker would get an additional £4400 this year. Every little helps, as they are fond of telling you!

@GyllKing Excellent point. How about mandatory staff bonus schemes? E.g. 50% of each year's profits to be shared equally across the workforce. Whether they earn £20,000 or £1,000,000 they still get the same bonus payment. Not a percentage of their earnings, a percentage of the profit.

@ShabanaMahmood By any standards, this has to be good news. Keep up the hard work and Labour will remove Reform/Restore's main raison d'etre.

Net migration down 82%. Net migration is now at 171,000, down from a high of 944,000 under the Conservatives. This Government is restoring order and control to our borders.

@rushicrypto All started in 1979 with Thatcherism. And has grown worse every year since, regardless of who was in power. A radical change is needed. Reform UK and Restore are not the answer.

Capitalism has warped what we think is normal. We’ve been conditioned to accept selfishness, and to believe people should go without shelter, food, or healthcare if they can’t pay. That’s not natural. It’s disturbing.

@rawespresso So true. And I fear it will never change. Even when AI does 90% of the jobs, the powers that be will ensure the majority of people remain enslaved.

Modern wage labour is the most polite slavery ever invented. The chains, the whip, and the overseer with the rifle are all gone. What's left is the threat of homelessness if you stop turning up, and a salary precisely calibrated to keep you exhausted and just solvent enough to come back on Monday. You spend 5 days a week generating value that gets captured by somebody else. You take home a fraction of it. You return that fraction directly to landlords, energy companies, supermarkets, and the government. By the end of the month, you're broke again, ready for the next month. 50 years of this. Then they hand you a card, a handshake, and a pension that retires you straight into poverty. The genius of the system is that nobody had to force you. You signed up willingly because every other option had been quietly removed from your view.

@Normanjam67 I guess they become nil-value human capital when they lose their jobs to AI. And negative-value human capital when they have to claim benefits to survive. What kind of a nation are we turning into?

A new name for the working class, 'lower-value human capital'. They don't give a shit about you and your family.

@BlokeOnWheels Yep, fuck right off. People have died to ensure that all adults in Britain have the right to vote. No way are we going back to the days when it was the privilege of the rich and powerful.

Can I get a massive 'fuck right off!' To this latest idea? Banning people from voting just because they happen not to be engaged in being economic units is a ridiculous idea that certainly belongs in the last century if not the one before.

@janeydarling1 Spot on. Far too many people can only manage to live from pay cheque to pay cheque. Some of it is poor budgeting, but the vast majority are simply not earning enough to be able to put a bit of money to one side every month.

Here's a crazy idea: maybe they're not being paid enough to aquire savings

@AndyBurnhamGM Best of luck. You are going to need it.

I am proud and humbled to have been selected as Labour’s candidate for Makerfield. These proud working-class communities represent the very best values of our country and they deserve so much better. It would be my honour to work for them every day, if elected as their MP, to achieve that. Many people here feel Westminster isn’t working for them and they are right. I am standing to change that and get the voice of these communities heard loud and clear. I am glad that this by-election has finally put the places that make up the Makerfield constituency into the national spotlight. They have been neglected by national politics for too long. It is a good thing that all political parties are now on the hook to tell the voters here what they are going to do for them. More than anything, people need life to be more affordable again. As Mayor, I have brought in changes which are helping, such as the £2 fare cap, free bus travel for our 16-18 year-olds and removing the 9.30am restriction from older and disabled people’s bus passes. But there is only so much I can do from Greater Manchester. If elected, I will have a relentless focus on reducing people’s everyday costs and bills and well as securing the investment these communities need. I have been an elected representative in Greater Manchester for 25 years. Throughout that time, I have fought for the people of the North West of England on so many fronts. I am now ready to bring the whole weight of that experience to fighting for the communities of the Makerfield constituency and would be privileged to be given that opportunity.

@Zaphod2042 Opportunity lost, but Babcock's ability to deliver T31 on time/budget is suspect at the very least. On the original plan I think the RN should have taken delivery of at least one by now.

This was a design tailor made for the Swedish Navy, along with SAAB, not just a modified French budget frigate. One suspects the reasons behind this failure are as much to do with the shameful state of UK Defence, as much as Babcock not meeting the customer's requirements.

@hol40900 Before you do, quantify the benefits to the UK economy. Then defund Andrew's security and make the Duchies of Lancaster and Cornwall liable for tax. A whole lot more sensible.

Unemployment up to 5%. Wages growth slows to 3.4%. Unelected royals who don't work: King Charles – £138m a year Prince Andrew – £150m security Prince William – £1.1bn Duchy, pays no tax Working people lose jobs. The crown works for itself. Abolish the crown. 👑💷

@BellaWallerstei Completely agree. We need to prioritise energy security above net-zero. We are one tiny island. Whatever we do to combat climate change pales into insignificance next to the major manufacturing powers - Chine, India & US.

Rosebank oil field would add £24bn to the UK economy over the field’s lifetime and create 1,200 jobs. It’s quite frankly madness not to push for domestic oil and gas production in such a volatile world

@EssexPR Hike in minimum wage too, I expect.

The National insurance contributions hike did this… we’ve warned about it continually in hospitality. Rachel Reeves was warned. Clueless?… or deliberate ?