I’m bored of this psy op that we should all be fearful and grateful for shit pay rise and bonus + feeble excuses to do with ‘secular headwinds’ - personally I’m eyeing up a big $€¥£ move in Q4 (will chillax summer months obvs)
About time. They're still reeling from the merger between Aberdeen Asset Mgt and Standard Life; some of the most dysfunctional and incompetent teams I've ever worked with. I sold my shares as soon as I started working there
only issue with moving to the toon rham is that 2 in 3 jobs are public sector - unless you do something in shipping or work in a call centre, proper jobs are few and far between.
Presumably Stephen Bird will pay himself a big fat bonus again this year and, unlike the rest of the board, refuse to give it back when bonuses were cancelled for everyone else.
FAOD this actually happened and his excuse was, honest to god, that he didn't want to pressure other executives to return their bonuses by doing so himself.
Unsurprisingly this came up a few times in somewhat uncomplementary terms when he, like the galaxy brained master of the universe he is, held an anonymous, live streamed company-wide q&a with the questions popping up on screen behind him.
Taking a random sample of three of their investment trusts, perhaps the issue is they can't manage for shit vs. an ETF of the relevant peer group, yet still want 1.5%+ of your cash for doing so? These jobs will never reappear as the easy profits in managing investments have gone. The only imbeciles still giving people like them money are the ones who decide on default funds for work pension schemes.
The only discrete manager to trust with your money now is PE because they are total crooks simply using debt to pay themselves before the business hits the wall. Even they are in the final phase where fellow crooks provide the debt as ordinary banks can't justify giving bent posh people free money off the back of a glorified IOU and fraudulent EBITDA numbers. Eventually it all goes to shit as PE has never improved a business and the UK is choc full of PE "backed" businesses.
Now this little babe can cope with anything and I mean anything. Earlier on I put in a pound of mashed-up Dundee cake, let’s take a look - not a trace.
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Pretty much inevitable given they didn't raise that much money selling off the "e"s.
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I meant 10% not 5
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and yes a big disappointment
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Presume this is because they can't afford to raise pay to cover the losses of their HQ staff in tax increases.
I suspect a good number of those jobs will reappear in England later this year.
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Only 5?
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AmItheSucker24 Jan 24 10:27
Presume this is because they can't afford to raise pay to cover the losses of their HQ staff in tax increases.
I suspect a good number of those jobs will reappear in England later this year.
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the underlying tory racisim, overrides even basic logic
1% on salary in Edinburgh is so prohibitively expensive that the only solution is....... to move the jobs to notoriously cheap London
genius
give the boy a prize, I look forward to seeing the opening of the formerly Bangladesh based Nike factory in Kenzington
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I’m bored of this psy op that we should all be fearful and grateful for shit pay rise and bonus + feeble excuses to do with ‘secular headwinds’ - personally I’m eyeing up a big $€¥£ move in Q4 (will chillax summer months obvs)
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already got rid of all of their vowels
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The other issue, Sumo, is that a lot of local clients have also moved south.
You can't manage assets and wealth in a fiscal environment that drives wealth and assets off shore.
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A is a vowel
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Sumo - you're talking shite. I pay several thousand more in tax here than I would in England. And London is not the only place to go.
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I also pay privately for my healthcare. I'd be so much better off in Newcastle.
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ccountnts eh
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true
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About time. They're still reeling from the merger between Aberdeen Asset Mgt and Standard Life; some of the most dysfunctional and incompetent teams I've ever worked with. I sold my shares as soon as I started working there
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only issue with moving to the toon rham is that 2 in 3 jobs are public sector - unless you do something in shipping or work in a call centre, proper jobs are few and far between.
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Presumably Stephen Bird will pay himself a big fat bonus again this year and, unlike the rest of the board, refuse to give it back when bonuses were cancelled for everyone else.
FAOD this actually happened and his excuse was, honest to god, that he didn't want to pressure other executives to return their bonuses by doing so himself.
Unsurprisingly this came up a few times in somewhat uncomplementary terms when he, like the galaxy brained master of the universe he is, held an anonymous, live streamed company-wide q&a with the questions popping up on screen behind him.
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Hh!
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Taking a random sample of three of their investment trusts, perhaps the issue is they can't manage for shit vs. an ETF of the relevant peer group, yet still want 1.5%+ of your cash for doing so? These jobs will never reappear as the easy profits in managing investments have gone. The only imbeciles still giving people like them money are the ones who decide on default funds for work pension schemes.
The only discrete manager to trust with your money now is PE because they are total crooks simply using debt to pay themselves before the business hits the wall. Even they are in the final phase where fellow crooks provide the debt as ordinary banks can't justify giving bent posh people free money off the back of a glorified IOU and fraudulent EBITDA numbers. Eventually it all goes to shit as PE has never improved a business and the UK is choc full of PE "backed" businesses.
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all downhill since Geoff Aberdein was punted😄
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EBITDA - Bullshit earnings
Adjusted EBITDA - Bullshit squared earnings.
As TW likes to say. Frequently.
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Clergs I think you would enjoy the ennui of Carlisle living.
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I’m prepared to wager a quite brain frying amount of money that she’d find something to complain about
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who would pick the west coast??
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What's Dundee like? Asking for a friend
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It's a cakewalk
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Canadian25 Jan 24 14:50
What's Dundee like? Asking for a friend
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let's put it this way
Dundee is the birth place of the crotch-less shell suit
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Now this little babe can cope with anything and I mean anything. Earlier on I put in a pound of mashed-up Dundee cake, let’s take a look - not a trace.
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Dundee is just fine and Dandy.
Lots for Discovery.
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Ninewells is where that obstetrician who ripped the baby's head off worked
she doesn't work there any more (but not because she was sacked or disciplined in any way)
you can buy a mansion in broughty ferry for the price of a cupboard space in SE14
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Thanks clergs...ugh grim about the obstetrician though
Funny enough my friend has just got a flat in Broughty ferry and she wants me to visit (I said we'll meet in Edinburgh)
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good call
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