Suddenly it is no longer politically correct to beat up our financial institutions. Apparently the giant Prudential, the UK’s biggest insurance company may emigrate and this scare is publicised on the same day that HSBC announces a huge increase in their profits, and of course its ok for them to pay some big bonuses. Yes there is a difference in rewarding success and failure, but I find the interviewing and reporting just a little hypocritical and a demonstration of the immaturity and naivety of so many in the media. London, as I think we all know is a micro climate within the UK which is fantastic bearing in mind the vast revenues generated that go into the Exchequer. Even the so called Bankers (most of whom were not) with the big bonuses had to pay 50% of their income to you and me via HMRC to then be laundered by the government. Indeed we should all be concerned to have a tax system or bureaucracy that makes the UK unattractive, and let’s now hope that the media’s unhealthy culture of criticising the business and wealth creators (yes RBS and Lloyds will be back there shortly) will be reporting the good news of business growth.
I can report that companies are investing once again in training, coaching and mentoring, and as we all know business growth rapidly follows.
No comments:
Post a Comment