Member Since: 1st Apr 2009
15th Jul 2020
$500 million to buy a fleet of low-flying satellites from a bankrupt broadband supplier? Peanuts really when you consider we'll be saving £350 million a week post-Brexit. Or something like that. Just don't forget to factor in the cost of turning Kent into a giant lorry park; 3,500 sq Km of tarmac isn't cheap, you know.
12th Feb 2020
"He treated the ICAEW’s requests with secondary importance, prioritising instead his clients."
20th Jun 2018
Hang on a minute! Only 800 weekends?
According to the Office for National Statistics:
"In 2014 to 2016, life expectancy at birth in the UK was 79.2 years for males and 82.9 years for females..."
"Life expectancy at age 65 in the UK in 2014 to 2016 was 18.5 years for males and 20.9 years for females. In other words, a man aged 65 in 2014 to 2016 could expect to live to age 83.5 and a woman to 85.9."
I can't find the figures for life expectancy at age 55 on the ONS website, but the worldlifeexpectancy.com website says 82 and 84.7 for men and women respectively, which seems about right. So, say 83.5 as an average.
From the perspective of a 55 year old, that's an extra 28.5 years or, wait for it... 1,482 weekends.
I'm feeling better already!
31st Jan 2017
"Opel Fruits"? Don't you mean "Opal Fruits"?
Opel Fruits are still sold in continental Europe, but over here they were re-branded as "Vauxhall Fruits"
5th May 2016
"We recognise that some AccountingWEB members may not like the look, but our new platform reflects best practice standards within the web industry..."
Best practice? Don't you just mean "what's currently fashionable"? Big, meaningless photo; few words; lots of scrolling. Nothing dates faster than fashion, as they say, so I suspect it will all be ripped up in a few years and replaced with something else.
At least the current vogue for large fonts makes text readable and desktop browsers allow you to adjust the zoom if it's not to your liking. I'm giving it 6/10 and hoping it grows on me!
9th Mar 2016
A deal that nobody seems to want
While a number of commentators in the UK say that the price we're paying for this new nuclear power station is too high, it seems that the CFO of EDF takes the opposite view. I guess we should congratulate him on taking a principled stand (not often seen these days) but it does leave me a little puzzled. And why is our government busy abandoning alternatives like tidal and onshore wind instead of investing for the future?
AccountingWEB members should make the most of their PCs, tablets and phones while there is still electricity coming out of the sockets!
4th Feb 2016
Who's George McDonnell?...
Sorry - he's a Freudian slip, a Frankenstein mash-up of John McDonnell and George Osborne - a Chancellor who gives with one hand and taxes back with the other. Oh, no, hang on... that's what they all do, isn't it!
@Duhamel - Thanks for spotting this - now corrected in my OP.
4th Feb 2016
Before you rush to condemn
It's a shame he made this elementary error. A shame, too, that he became defensive when approached by AccountingWEB but it feels like a step in the right direction.
I understand that everyone's income and tax details are public knowledge in Sweden, Norway and Finland - I'm not sure how comfortable we would be with that in the UK but we'd probably all get used to it in time. And perhaps it's one of the reasons why income inequality is so low in Sweden.
Should we worry that John McDonnell doesn't appear to understand how UK taxes work? I suspect he's got a few years yet before he'll get anywhere near the levers of power, so plenty of time for AccountingWEB members to educate him in the finer points!
25th Jan 2016
At last, an answer to the age-old question...
Q: "How long is a piece of string?"
A: "If I told you that, I'd have to charge you."
14th Jan 2016
Mr Travia has put a very positive spin on the situation but I'm not sure it's actually supported by the facts. The U.S. government's position seems pretty clear. For example, under the headline "U.S. government is calling bitcoin anything but a currency", Fortune reports that: "the Commodities and Futures Trading Commission for the first time finds that Bitcoin and other virtual currencies are properly defined as commodities [not currencies]” See http://fortune.com/2015/09/18/bitcoin-currency/ So when Mr Travia says "The only governments that would have a hard stance are frankly not that important on a macro-economic level." is he really including the world's largest? Hmmmm. I think I might leave it a while before rushing down to the Post Office to convert my sterling to bitcoin! See also https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country for a country-by-country round-up of government opinions.