RMT not winning

What about the money paid out to shareholders, that is the main crux in my view

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Originally Posted by jdfc

What about the money paid out to shareholders, that is the main crux in my view

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The large pension funds who pay out monthly company pension payments are huge shareholders in these companies.
It has been stated that for every £7 in dividend payments paid by BP, £1 in dividend payments is paid to the large U.K. pension funds.

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Originally Posted by jdfc

Have you ever stopped to think what would be the situation if shareholders weren’t being paid large amounts of cash from the profits ordinary workers make for these companies, wether it’s railway companies, Royal Mail, water companies or electricity/gas companies, tax payer is paying to keep there profits up, take away subsidies and see how many want to run trains, renationalise these industries and run for non profit and the country will be far better off

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Where is the money going to come from to renationalise all these companies you have quoted.
The shareholders have to be repaid at the mid market price of listed share price of each company.
The U.K. Government does not have a ‘magic money tree’ to make all these payments.

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Originally Posted by islaydarkblue

Where is the money going to come from to renationalise all these companies you have quoted.
The shareholders have to be repaid at the mid market price of listed share price of each company.
The U.K. Government does not have a ‘magic money tree’ to make all these payments.

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The government can find money for a war if one started tomorrow, or a royal funeral if one was needed, don’t kid yourself that their isn’t any money

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Originally Posted by jdfc

The government can find money for a war if one started tomorrow, or a royal funeral if one was needed, don’t kid yourself that their isn’t any money

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Tory ministers have distributed all the available money between themselves and their friends so none left to manage the country effectively unfortunately.

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Originally Posted by islaydarkblue

Where is the money going to come from to renationalise all these companies you have quoted.
The shareholders have to be repaid at the mid market price of listed share price of each company.
The U.K. Government does not have a ‘magic money tree’ to make all these payments.

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Maybe a loan from Nicoliars man, seems to be flush. 😆

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Originally Posted by jdfc

What about the money paid out to shareholders, that is the main crux in my view

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Yes. Why should companies who get government subsidies be allowed to pay dividends?

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Originally Posted by Deeranged

Tory ministers have distributed all the available money between themselves and their friends so none left to manage the country effectively unfortunately.

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I don't think you are right. Governments of both the left and the right have allowed franchise holders to pay dividends. I think that it might be possible to provide subsidised rail and bus travel but I don't think that our battle ground approach to employee/employer relationships helps. Companies far bigger and more complex seem to be able to run without having the same confrontational industrial relations.
Think the Scottish Government runs rail franchise(s). Don't think they pay any dividend to themselves but I am not sure so happy to be corrected.

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Originally Posted by BCram

Yes. Why should companies who get government subsidies be allowed to pay dividends?

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British Rail was badly run when it was in state ownership so the re nationalisation of it is not a magic bullet.

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Originally Posted by BCram

I don't think you are right. Governments of both the left and the right have allowed franchise holders to pay dividends. I think that it might be possible to provide subsidised rail and bus travel but I don't think that our battle ground approach to employee/employer relationships helps. Companies far bigger and more complex seem to be able to run without having the same confrontational industrial relations.
Think the Scottish Government runs rail franchise(s). Don't think they pay any dividend to themselves but I am not sure so happy to be corrected.

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The Scottish Government took over the running of Scotrail thinking that they would make a better job of running it that the Dutch company Abelio who they continually complained about.
The Scottish Government ministers have since discovered that it is not as easy to run Scotrail as they previously thought especially as they cannot blame anyone else for Scotrail problems.
The buck stops with them!