Fuel shortage

junos_boots said:
There was nothing to stop the Government taking a stake in the business and as a result giving a cash injection / underwriting debt - see the banks as an example. What you are suggesting is that Corus just wanted to be given free money to stop their shareholding investment lowering in value. As a nation we still hold large investment in Natwest (formally Royal Bank of Scotland).
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I'm not a state-aid expert by any stretch but I understand that state-aid rules differ depending upon the sector they relate to, perhaps banking & steel have different rules?

Also it is clear that when there are full blown economic issues that threaten not just a single business but our way of life as we know it, when the sub-prime crash turned into a full blown banking crisis & Covid being the two most recent examples, state-aid rules are temporarily forgotten about and government aid is handed out.

Corus were a failing business and treated as such.
 
Laughing said:
There's a bit of supposition there bm. Let me put it this way re ir35. If I had to take a 20% pay cut I would also look at other industries too.
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IR35 doesn't cut your pay by 20%.

It just shifts the burden of tax-collection.

Are you suggesting that lorry drivers weren't paying their taxes?

That's quite an accusation...
 
Some bloke on Twitter posted something. His brother is a petrol tanker delivery driver…said that when he left the depot with a full load for delivery this morning. There were cars outside waiting, and followed him all the way to his first drop off.
 
One wonders why BP would come out and say deliveries are going to be impacted when the depots are full and there are drivers in the Southampton and Portsmouth areas without work? Did they need a quick cash injection? The middle East is a powder keg waiting go off at any moment, are they thinking ahead to when an actual shortage of oil happens? Granted they are a huge worldwide company but what better way to top the bank balance up by manufacturing a fuel crisis to make sure they've got money in the bank for when the upcoming oil crisis happens.
 
Driving to Reading - a few services out of petrol - signed for miles in advance but saw very few garages closed off. I was held up at a Sainsburys on Friday evening in the Midlands behind a family filling their vehicle and then filling two petrol containers. I am surprised they didn't go into the kiosk and try to barter for the petrol with their year old toilet roll supply.
 
fmttmadmin said:
Driving to Reading - a few services out of petrol - signed for miles in advance but saw very few garages closed off. I was held up at a Sainsburys on Friday evening in the Midlands behind a family filling their vehicle and then filling two petrol containers. I am surprised they didn't go into the kiosk and try to barter for the petrol with their year old toilet roll supply.
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Bartering could be the way forward. I'll swap half your tank of petrol for 8 tins of Whiskas and a pallet of broccoli. Win/win.
 
Ex pfc wintergreen said:
If it's an untruth, it's only what was said at the time, why didn't they offer support,it cost Baird her job,she was the one that said the govt couldn't do anything because of EU regs.labour were still in office were they not, and what makes a business strategically important
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Baird lost her job because she was an awful MP.

Swales was a respected local voice riding on the coat-tails of a national upsurge of Lib-Dem support.

It wasn't much more complicated than that in Redcar.
 
Laughing said:
No BP alone have over 1200 stations Tesco have 600 filling stations. Its less than 2% of British filing stations were out of fuel before the panic buying.

In any given week its not uncommon for some petrol stations to have no fuel. How many times have you gone to fill up bear and see a pump out of order?

Let's have some perspective.
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Petrol stations never normally run out, a pump out if use yes, a station with no petrol no
 
Scrote said:
IR35 doesn't cut your pay by 20%.

It just shifts the burden of tax-collection.

Are you suggesting that lorry drivers weren't paying their taxes?

That's quite an accusation...
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It cuts your ni burden massively because you pay that twice. It's cuts your income tax only if you are in the 40%bracket.
 
Yes selfish people are the very reason we are in this situation, mind I'm suprised she could get all the Jerry cans in her car what with all the toilet rolls I wouldn't have thought she'd have much room
 
My local filling station had a delivery today and guess what 2p a litre put on the price, I suppose that might have happened anyway but does seem a coincidence.

The queues outside it are ridiculous amd show the mentality of our country. I wouldn't mind so much but I live in a village where the average age must be about 90 so christ knows where they are all driving to.
 
Norman_Conquest said:
I see the Gazette are reporting a driver putting £217.44 worth of petrol into 8 Jerry cans. This is what causes shortages.

www.gazettelive.co.uk

Driver fills up £217 worth of fuel in EIGHT jerry cans on Teesside

The woman was driving a Ford Fiesta and was said to have bought 160 litres of fuel
www.gazettelive.co.uk www.gazettelive.co.uk
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Surely the Petrol Stations can cap the pumps to £30. I put £30 in at ASDA, as that was all I needed, but the pump said take up to £99. I am certain the pumps knock off at 100 Ltrs, or they used to. So is the EG doing what it does best or did she stop and start which would mean she would be constantly be putting her card in and out.
 
Laughing said:
It cuts your ni burden massively because you pay that twice. It's cuts your income tax only if you are in the 40%bracket.
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There seems to be some fundamental misunderstanding around IR35. It does not cut or increase your tax or your NI burden. It is simply anti-avoidance tax legislation designed to tax 'disguised' employment appropriately. Equally, the regulations themselves i.e. the factors used to determine whether someone providing services through their PSC is a 'disguised employee' haven't changed in any way. What changed in April this year was the burden for determining employment status and, importantly, the liability associated with getting a determination wrong. It shifted from the service provider or 'employee' to the 'end client' or 'employer'. What that has meant is that employers now have to take it much more seriously and are obliged to carry out employment status determinations. If an individual providing services through a PSC is determined, following such assessment, to be an employee in all but name then they must be taxed as such and not have the tax advantages associated with providing services through a PSC (usually a limited company).

In other words, if HGV drivers are effectively employees then they will be expected to pay the right level of tax. That is not an increase to tax rate, NI rate or anything else. It does not oblige anyone to pay NI twice. It is also definitely not true to say that IR35 only has an impact on those in the higher tax brackets.
 
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