Straight up, guv! Would I lie to you?
There are 23 posts tagged: economics
- You've gotta eat gruel to be kind
- 5 April 2024
Is the rising cost of living leaving you penny-pinching? Not enough money to put food on the table? Not enough money to warm your hovel? Well, stop thinking only of yourself, you selfish bastard! (furious)
(more…)- Check it out
- 16 January 2024
Writing for BBC Worklife, Sam Becker examines the apparent
(more…)spectacular failure of self-checkout technology
. Retailers introduced automated checkout facilities to save money on checkout staff, and shoppers took to it for its speed and efficiency. But both groups' views on the technology have since soured in the UK and US. According to Becker, theft; technical failures; and waiting for staff support are among the reasons cited.- It pays to be boss
- 4 January 2024
According to the High Pay Centre, FTSE 100 bosses earn the UK average salary in three days, which means they can now take the rest of the year off. They've earned it.
(more…)- Five minus one
- 22 December 2023
Writing for BBC Worklife, Alex Christian examines some of this year's high-level business fuck-ups, in Five cautionary tales of business leadership in 2023.
(more…)- The power behind the throne
- 10 November 2023
It's an easy life, being a business reporter for the BBC, an' no mistake; all you have to do is kick back and drink the corporate koolade. In this case, Natalie Sherman regurgitates Disney CEO, Bob Iger's earnings call release as fact. There may well be some truthful statements in there, but there are also some that are at best half-truths. And we don't have to go very far into the article, either.
(more…)- Boo-bloody-hoo
- 6 November 2023
BBC Panorama sent one of its crack investigative journalists, Emma Lowther, undercover to infiltrate the Manchester HQ of fast-fashion company Boohoo. As if it weren't obvious from the
(more…)fast-fashion
label, Boohoo retails cheap clothing targeted primarily at young women. So, as fashion trends rapidly change, swift turnaround and cost consciousness are paramount.- Vegans are cheap, except the ones who aren't
- 8 August 2023
Beyond Meat describes itself as
(more…)a leader in plant-based meat
, which is misleading and oxymoronic, because its products aren't meat and meat doesn't come from plants.* The company's trying to make plants look like meat from an animal, without actually being meat from an animal. It's not unlike Dylan Mulvaney claiming to be a woman, simply by making himself up to look like one (kinda); the difference being that, while both are processed with additives to create an unnatural and pale imitation of the real deal, fake meat at least has some substance to it.- Please sir, I want some more
- 6 August 2023
As SAG-AFTRA's luvvies continue to withhold their massive talent from the camera's loving gaze, everyone's favourite Latina grifter, Rachel Zegler, brought her own perspective to the pity party. In a video that went viral for all the wrong reasons, and saw her getting roasted for being entitled and out-of-touch, she declared:
(more…)- The billionaires' club
- 15 June 2023
In the wake of George Soros handing control of his business and philanthropic empire over to his son, BBC Reel asks whether anyone should be allowed to inherit $25bn.
(more…)- Selling piss
- 16 May 2023
Amelia Robinson is The Columbus Dispatch's opinion and community engagement editor. In the wake of the Bud Light/Dylan Mulvaney controversy, she weighed in on the debate with an opinion piece, fearlessly wielding her incomplete grasp of the situation.*
(more…)- No shit guv'nor
- 24 March 2023
In what can only be described as a big-brained moment, the governor of the Bank of England has warned that raising retail prices could drive up the cost of living and would most affect the least wealthy. No fucking shit! This must be why he earns the big bucks, having insight like that. (SMH)
(more…)- Catch me if you can!
- 24 March 2023
Do Kwon, the man who pioneered the terraUSD and Luna crypto tokens, as well as the concept of the cryptocrash, has been arrested in Montenegro. Despite denying being in hiding, he never revealed his location and was travelling under a false identity. Which is just the sort of thing that anyone who isn't in hiding does. (rolleyes)
(more…)- Beat the meat
- 6 December 2022
After all the hype and excitement of vegan foods rising to the challenge of tasting like meat, the public's enthusiasm for fake meat is waning in both the UK and US. This appears to be at least in part due to consumers' cost-consciousness in the face of soaring food prices, coupled with Beyond Meat's failure to force the taxpayer or meat buyers to sustain its business model.
(more…)- Making bank
- 9 November 2022
I don't involve myself in the murky world of cryptocurrency. I don't understand it, and I don't trust it; it just seems spooky and volatile. So I'd never heard of FTX—
(more…)one of the world's biggest cryptocurrency exchanges
—until news of its near collapse and bail-out by close rival Binance.- Jet powered
- 17 January 2022
In a bid to
(more…)limit imports and encourage local production
, the Nigerian central bank made 41 items ineligible for foreign exchange in 2015. The list included rice; tomatoes; toothpicks, of all things; and…private jets.- The (international) shipping forecast
- 11 January 2022
It never ceases to amaze me: the parochiality of merkans when it comes to international shipping charges. I guess that it doesn't matter if it's outside the fifty states of the union.
(more…)- How low is too low?
- 6 June 2021
Quelle surprise! Campaigners have criticised the G7 finance ministers' agreement on a 15% tax on global companies as being too low, and to the disbenefit of poorer nations. The critics include Oxfam, which earlier this year had its UK government funding suspended only one month after a previous three-year ban had ceased. Perhaps the UK government has a better fiscal grasp than Oxfam.
(more…)- The fifteen percenters
- 5 June 2021
Finance ministers from the G7 group of leading economies are meeting in London to come to agreement on taxation of multinational companies. Some nations are upset that their taxation greed is driving multinational companies to find more tax-efficient countries to establish themselves.
(more…)- Christmas is cancelled
- 28 October 2019
The British Meat Processors' Association warns of the effect of Brexit on seasonal EU labour in the UK. Apparently, there will not be enough
(more…)pigs in blankets
to go 'round. According to the association's chief executive, Nick Allen, wrapping cocktail sausages in bacon is manual labour and isfiddly and hard to mechanise
.- No shit, Stella
- 28 November 2017
Stella McCartney has put her support behind a report finding that
(more…)half of High Street fashion is disposed of within a year
.- QFT
- 5 June 2017
Having made and lost several fortunes, singer Kenny Rogers has this advice for entrepreneurs:
(more…)pay your taxes, put 20% away, and then have some fun.
And you can't say fairer than that!- You know where to come. Or not.
- 7 November 2012
Comet, the UK electrical goods retailer is the latest victim of the economic downturn, entering into administration on 2 November. According to the administrators, Deloitte:
(more…)- Barclays' boss to resign!
- 29 June 2012
At the moment, Barclays' CEO Bob Diamond is saying that he won't resign over the lending rate fixing scandal. But we all know that when someone in this position says they won't resign, that's exactly what they do…quietly…two weeks later.
(more…)