Close Menu
    Vereinigtes Königreich

    Der Eigentümer von B&Q sagt, dass die Haushaltsunsicherheit die Ausgaben beeinträchtigt und die Steuererhöhung das Unternehmen 31 Millionen Pfund kosten wird


    Der Eigentümer von B&Q sagt, dass die Haushaltsunsicherheit die Ausgaben beeinträchtigt und die Steuererhöhung das Unternehmen 31 Millionen Pfund kosten wird

    https://www.theguardian.com/business/2024/nov/25/bq-budget-spending-kingfisher-greggs-national-insurance

    Von Codydoc4

    View 17 Comments

    17 Comments

    1. another_online_idiot on

      Boo hoo. Adjust the bonuses of the bosses and the dividends paid to shareholders downwards then.

    2. Optimism_Deficit on

      According to their accounts for the year ending January 24, Kingfisher made a post tax profit of £345m.

      While I expect they’re not happy about paying an additional £31m in tax, it would seem that they can afford it.

      A lot of businesses huff and puff about redundancies and price increases, but in many cases, those decisions are made to preserve their existing profit levels, not as a matter of survival.

    3. Environmental_Move38 on

      Focus is always on the big companies and that some seem to think they must take the hit to fulfil Labours chosen spending. 😂

      When they seem to completely ignore the smaller / medium sizes independent businesses who will have to make cuts to survive. So thousands of job losses will be at risk and the likelihood of employers putting a hold on recruitment will be felt across the economy. So higher spending on the public sector while many more will be negatively impacted.

      I’d imagine there was a better way and better choices that could have been made. The socialists Truss budget basically. Just look at the Gilt yields…

    4. Historical-Cicada-29 on

      Trust me, B@Q can afford it.

      Got paid stupid money for the most basic jobs there.

      30K a year to sit there and change colour on Excel sheets from red to green whenever a delivery was made.

      That’s it.

      Days where you go in and you’re paid a full day, sent home an hour later due to too many trucks/ vans and personnel.

    5. StatisticianFair930 on

      They will just put up their prices and fire a few floor staff. 

      Which they shouldn’t be allowed to do, but, crying about tax when they’ve had year upon year of trading with little to no oversight is a little shit. 

      So their shareholders kids and family might have to downgrade their three holidays per year to two and/or they may need to slash some prices to get shut of some deadstock. 

      Fact is, Joe Public have paid through the nose via VAT, energy, etc. This is a stealth tax on the rich and whilst many Reddit-folk might get aggy and want to argue on behalf of the big poor company to, well, Reddit, if the tables were turned, they wouldn’t be so bold. 

    6. radiant_0wl on

      Highly profitable and a competitor went into administration – they’ll be fine. And I don’t even like the increase in the headline NI rate.

    7. judochop1 on

      When they say “lose £31m”, where is that to? cos worth considering how much tax is generated for the public good (though nobody is happy to see when tax is frittered away or spent inefficiently)

    8. Snoo-82295 on

      Oh poor b and q. Just put another couple of quid on your warped timber

    9. McShoobydoobydoo on

      Well fuck me, something needs to be done, profit forecast reduced to only £510m.

      Won’t somebody think of the poor shareholders…

    10. tre-marley on

      They’ll just increase prices and fire more staff. Like everywhere else does when taxes are raised.

    11. si828 on

      I love these articles – that’s the fucking point, some of that money goes into public services.

      What he’s trying to do is insinuate that the prices will therefore go up…

    12. Whulad on

      I haven’t read any of the comments yet as I’m sure it will be full of people who seem completely unaware of the fact that we need dynamic profitable businesses to invest in the UK to pay for our public services and there’s no magic way of getting out of this. If you have an environment that punishes this you don’t get that investment.

    13. jtthom on

      Huge business hates that they have to pay an extra 1% of their net profit in tax.

    14. Sailing-Cyclist on

      Huh, that’s weird. 

      I bought a woodworking table for my indoor flat — I thought such a stupid spend would do bits for B&Q’s sales month.

    15. Xercen on

      While we have homeless on the streets and our youth are struggling to purchase a place to call home, these dystopian corporations only care about their bottom line.

      So much for the facade of corporate social responsibility. Their advertisements and marketing were always a scam when they were always beholden to their shareholders.

    16. i-am-a-passenger on

      Does anyone know someone who actually didn’t make a purchase in October because of the budget? I would be surprised if half the people I knew were even aware of the budget, let alone basing purchasing decisions on it.

    17. jasovanooo on

      the only reason b&q has seen less spending is its quest to offer worse and worse service. our one is huge but has removed all manned tills in favour of self serve… but the self serve cant take cash (seems a poor choice for a builders merchant) and they are so poorly designed that you can’t take a well loaded flatbed trolley through it without unloading it due to havi g no space and corded barcode scanners (really dumb when some of those trolleys are carrying 200kg)

      they are also another “marketplace” merchant online. you will see a huge range of overpriced items on the website that are online only with long order times… problem being the main benefit of b&q was being able to just go and get something/look at an item. if you are forced to buy something via b&q website and suffer shipping issues etc then people just go to amazon who sell the same shit for less.

      people just started shopping elsewhere and our store is pretty much dead now.

    Leave A Reply