ASDA a symbol of Rotten Management and Decay!

ASDA Hatfield.
ASDA Hatfield.

UK – The prospect of trip to your local high street now fills the intelligent with dread. The other shoppers are like drugged automatons moving in step to the Prozac dance macabre.

But it is not just the other shoppers that are bad, and they are. The real terror lies within the big four supermarkets. Surly unhelpful and resentful staff stacking shelves blocking the isles often two in each isle. Continue reading “ASDA a symbol of Rotten Management and Decay!”

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Now the TESCO Shareholders have been ripping off the Pensions Scheme!

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TESCO in pension meltdown

UK – As if things at the troubled retailer TESCO’s were not bad enough with falling profits, a falling share price and the Serious Fraud Office investigating their accounts.

Now TESCO seems to have a £ 3.2 billion hole in its pensions scheme. This deficit in the Pensions scheme is now three time the deficit that was reported in 2011. Continue reading “Now the TESCO Shareholders have been ripping off the Pensions Scheme!”

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The Tesco Scandal means Share Trading needs Reform

Real time quotes at the stock exchange.
Real time quotes at the stock exchange.

The very public Tesco accounting scandal has highlighted problems with the abuse of shareholder power. But That is not the only problem associated with share trading.

Insider trading and the short selling of shares that you do not actually even own, are other examples of fraudulent trading practices associated with the shares market.

The Banks and share traders use quick flips of shares to generate quick money. This distorts the market in shares. Continue reading “The Tesco Scandal means Share Trading needs Reform”

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Who is stopping the SFO from investigating TESCO?

Who is stopping the SFO from investigating TESCO?
Who is stopping the SFO from investigating TESCO?

UK – First we had the shock of TESCO, one of the largest companies in the United Kingdom, announcing that they had overestimated their profits by £250 million.

Since then there has been a steady drip drip of shocking news. OK most of it passes right over most peoples heads. But for the world of finance each drip is an earthquake. Continue reading “Who is stopping the SFO from investigating TESCO?”

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Lies, Damn Lies and Tesco’s accounts.

Tesco reels as their shares fall as from £250m forecast error
Tesco reels as their shares fall as from £250m forecast error

UK – There are many fantasists. This is fine. We all need to boost our ego’s from time to time. In the world of business the truth is a flexible concept, a commodity. For the most part the ability to make Sales depend on this. Salesmen and Women need to believe in what they are selling. Continue reading “Lies, Damn Lies and Tesco’s accounts.”

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Political Broken Britain – A Symbol of Decay

Political Broken Britain - A symbol of Decay
Political Broken Britain – A symbol of Decay

UK – A friend asked what needed to be done to fix Britain’s broken political system. This is something that I have given some thought to. Here are my thoughts on the subject.

We are in a political crisis at the moment. Regardless of the result of the Scottish independence Continue reading “Political Broken Britain – A Symbol of Decay”

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BHS: A symbol of High Street Decline!

Bloody Horrible Stores.
Bloody Horrible Stores.

UK – If you go down your local high street, at 09:00 you would reasonably expect all the shops to be open. After all they all say that they are open from 09:00 to 17:00 But when you do you see that some shops are not open, worse still their shutters are still locked down.

Half an hour later and most of those shutters are now up, but not all. By 10:00 all the shops Continue reading “BHS: A symbol of High Street Decline!”

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Corporate corruption: a cancer on the political process.

Bribery; receiving a bribe; and failing to prevent bribery are all crimes.
Bribery; receiving a bribe; and failing to prevent bribery are all crimes.

UK – Corporate corruption has become a serious problem in both the United States and United Kingdom. Many view is the cancer eating away at the heart of the political process.

The roots of this problem is that we no longer have mass membership political parties. Labour is down to 20% of its Continue reading “Corporate corruption: a cancer on the political process.”

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Good bye and Good Riddance

This just says it all.
This just says it all.

UK – So ‘Wanker’ Brown has finally gone from Number 10 and the country has sighed a collective sigh of relief. None so great as in the Labour party, who are glad to be rid of such an electoral liability. No doubt they will get down to their usual practice of the blame game and recriminations. Continue reading “Good bye and Good Riddance”

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You would have more influence on the Government if you had shares in Sainsbury’s

2458UK – We in the UK are in the midst of a much needed general election. We have hopefully coming to the end of the Nu Labor™s misrule. The country is crying out for change. Not just change but a sweeping out of the thieves, liars, sycophants, career politicos and party technocrats Continue reading “You would have more influence on the Government if you had shares in Sainsbury’s”

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