Member Since: 23rd May 2019
12th Dec 2019
Will the SFO be interested in this? Seems like a quick, giddy fall from grace given the flotation was only 3 years ago. Or does this smack of simple management incompetence. I don't know what to think about this article.
11th Dec 2019
FFS. Cake? I'm glad they're on with the big issues.
6th Dec 2019
I've always thought that being able to vote on how they spend my tax money would make me feel better about paying tax. (It would also need to allow you to say "and spend less on this"). It would give them a great insight into what matters to people because they all seem terribly disconnected from the populace.
6th Dec 2019
I recall a couple of years ago an article about how corporate tax receipts had risen after a reduction in the rate because, if memory services, at some point the rate isn't punitive enough to make people put effort into thinking about how to wriggle their corporate structures around in order to maximize tax avoidance (not evasion, legitimate avoidance).
4th Dec 2019
Given that tax breaks on dividends are now capped at £2k, is HMRC's main issue with IR35 to do with lost NIC receipts (especially employer's NICs)?
3rd Dec 2019
I am am perplexed by the mentors response which bears no relation to the problem presented but maybe we are seeing a (badly) abridged version of the letter and in that context the response makes sense ?
Anyhoo, there are some good replies here already.
We are not told what training you asked them for so it's impossible to judge if you were over needy or not in this regards.
If your CV was honest then it may be their mistake - shouldn't they have worked out what you did and did not know (practically) and if this was ever going to work out in their environment? Takes two to tango. And this could explain why the other firm went cold, nothing to do with being blackballed.
On the surface it sounds like a simple case of being a bit overly ambitious. Yes you have some exams but your practical experience sounds narrow. It may be better to look for roles that can give you a bit more experience but not be a giant leap. Maybe you could draw up a plan that says something like: I will spend 2 years of this kind of work so I can learn more about x and y and then 2 years of this kind of work and then I will have a broader practical base. You may have to move a step back or sideways for a bit in order to move forwards.
Whatever you do, don't give up. Even if you did mess up, so what? People do. We've ALL messed up something at some point (and personally I think I've still got plenty of miles left in me in this regards). Doesn't sound like you messed up to me though, sounds to me like life happened to you. Learn from it, draw up a new plan and crack on.
28th Nov 2019
Ok cool. Sorry, I was reading in that you had issues with their product. I will take your word for their financials, I've never look at those at anything more than a google skim search level.
28th Nov 2019
Some interesting articles on Sky news, the Guardian and the FT about British Steel:
- Owned by Greybull Capital who bought it off Tata when it ran into difficulty for £1 in 2015 and rechristened the business British Steel. (Greybull: also no experience of running steel manufacturing and also charged high fees - the title of the Guardian article is “rescuer of distressed firms or vulture fund?”).
- Criticized for selling off its carbon credits. British Steel thought it had more credits than it needed but were caught out when the EU suspended issuing new credits to UK companies while Brexit uncertainty persisted. But because UK companies are still obliged to honor last year commitments and match omissions with credits, it was forced to ask the government for a £120m loan in order to buy new credits to stave off the risk of a hefty EU fine (credits that had increased in value and therefore cost since the sale).
The FT runs the best article on the carbon credit angle and its comments section is also enlightening - one pointing out that UK government would have eventually been given the credits with the withdrawal bill so the loan could legitimately have been seen as temporary at that time. Everyday is a school day for me.
25th Nov 2019
Agreed, both very poor. What do they actually do? During the past 3 years whilst they've been distracted with Brexit rather than the day to day of running the country, the country has not suffered- have a look at the historic GDP stats on www.economicsonline.co.uk.
I think they are (all) only capable of organising the deck chairs.
25th Nov 2019
Agreed. The public sector are obsessed with pursuing, frankly, ego projects at great expense with little and even negative effect. If they had to sweat to earn money they would run their organisations better. I don't see how a bank of computers capable only executing run-of-the-mill scenarios is a good response to something quite as multidimensional at HMRC.