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Sainsbury's Faces £140 Million Hit from National Insurance Hike, Warns of Rising Inflation


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24 minutes ago, youreavinalaff said:

To quote Harold Wilson:

 

"One man's wage increase is another man's price increase".

 

Whether ir not those on minimum wage will end up better off, is debatable.


I doubt he was talking about people at the very bottom of the pay heap, those in need of Government subsidies to meet their living costs.

 

Subsidies paid out of taxes that are actually subsidizing businesses paying low wages.

 

 

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2 minutes ago, Red Forever said:

I bet that some posters on here will be in denial that taxes must rise in order to protect our public services.

They'd much prefer those halcyon 14 Tory years of deliberate defunding of local authorities whilst shoveling billions of £s to their donors and cronies.

Starmer and Reeves have made a start in repairing our broken economy. Predictably, the self entitled,  rabid rightards are calling "foul"!

Suck it up morons. Remember, "we're all in this together".

If posters on a forum need to realise tax rises were needed, why didn't the, obviously more qualified, Labour party polititians realise during their election campaign?

 

Or, are you saying they lied?

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2 minutes ago, youreavinalaff said:

If posters on a forum need to realise tax rises were needed, why didn't the, obviously more qualified, Labour party polititians realise during their election campaign?

 

Or, are you saying they lied?

Or are they rightards? Or morons? It has to be one of these???

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4 hours ago, Chomper Higgot said:


It might be a good idea to wait until the impact of spending £Billions more on the NHS / schools and the increase in the minimum wage take effect.

 

Oh pensioners still enjoying the triple lock too.

 

 

Your right, and  time will tell.

But, I would be more impressed if money sent over seas to help, this that and the other.

( India for one, it has a xxxxxxxxx, space program )

was put into the NHS/Schools and the increase in minimum wage. win, win for people from the uk.

That would get them in the good books of the uk population.

 

 

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4 minutes ago, Lancelot01 said:

To quote, "You know it makes sense".

 

Just a side note.

I dislike Sainsburys, so much,

My local pub was bulldozed in about 1992, and a Sainsburys was built on the site. 

its still there to this day. :mad:

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5 hours ago, Chomper Higgot said:

It might be a good idea to wait until the impact of spending £Billions more on the NHS / schools and the increase in the minimum wage take effect.

It might be a good very bad idea to wait until the impact of spending £Billions more on the NHS / schools and the increase in the minimum wage take effect and push inflation upwards!.

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  • n the past 28 weeks up to 14 September, Sainsbury’s recorded a 3.7% increase in underlying retail profits, totalling £503 million.
  • The supermarket has achieved significant market share gains, with grocery sales rising by 5% and a notable increase in their “Taste the Difference” range, up by 18%.
  • Investment in perceived value, amounting to £1 billion, has been a crucial factor in attracting consumers to Sainsbury’s for larger shopping excursions.
  • Sainsbury’s plans to expand further by opening up to 45 new stores, including recent acquisitions, to enhance their market presence.
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1 hour ago, RichardColeman said:

Labour seems to be constantly filling in one financial hole by digging another financial hole.

 

Tories are like Trump I guess, you may not like them, but they are always the less of the two evils

.

Millions of people in the UK are paying significantly higher mortgage interest as a direct result of Tory ineptitude, a Tory budget that pushed the U.K. economy into otherwise unnecessary interest hikes.

 

Tory PM Truss buried the lie of Tory fiscal responsibility.

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Nothing to do with Sainsbury but whatever happend to listening to arguements and then making up your own mind about something - rather than having made up your mind (usually based on a political belief) and looking for arguements to support them.

Polarisation of opinion does not bode well for a constructive and peaceful society (or forum)

Yes we have different opinions and yes politicians are econimical with the truth but it is what it is so lets work to put it right instead of the same old "blame game". I hear a lot if complaints not many alternative solutions.

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1 hour ago, youreavinalaff said:

Unless those working people inherit the farm on which they work. Or send their kids to private school or own a business or sell an asset at a profit or if the raise in minimum wage pushes them over the frozen threshold.

 

I guess you missed Starmer's definition of "working people".

 

Labour have twisted so much, they'd make you a great dance partner.

 

 

Just incase the rise in the minimum wages pushes them over the threshold where they can afford to eat, and keep a roof over their heads.

 


 

 

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43 minutes ago, Chomper Higgot said:

Just incase the rise in the minimum wages pushes them over the threshold where they can afford to eat, and keep a roof over their heads.

 


 

 

No. Not really.

 

A 21 hour week puts you on the threshold. If done one can't eat on that amount of work they can work more. The norm being 35 hours a week.

 

Those "working people" that can and want to work only part time may well be pushed over the threshold.

 

I suppose from a Labour point of view, those that can afford to only work part time are not classed as "working people".

 

 

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