BT made £1.3bn, gave £750m to shareholders and the CEO got £3.5m. We have members using foodbanks. Today BT announced £400m profit for 1/4 year. Tomorrow our members strike for the first time since 1987 and have been subjected to extreme intimidation. RT if you back them.
@DaveWardGS @susanpenhaligon Do as Estonia does. Revise the entire tax system. Replace Corporation Tax with a Distribution Tax. The £750m distribution - @20% DT - would have raised £150m in tax . What's not to like ? Keep mentioning this, no one is listening. taxsummaries.pwc.com/estonia/corpor…
@DaveWardGS @Manuel_TSSA Support all striking workers remember you could be next if we don't stop this Tory government.
@DaveWardGS Not disagreeing, just a question. Does part of that “£750m to shareholders” go into the pension funds for your retired workers? Is the pension fund a shareholder and if it is would cutting the payout impact the value of the fund and the pensions of your members?
@DaveWardGS @GNev2 Honestly If you’re a CEO of a company that Makes 1.3 billion, is it too much to get 3.5m ?
@DaveWardGS And that is where the problem lies…. Collectively the public have to unite to prevent this, individually I will never give me business to BT again
@DaveWardGS So BT are making money? It’s not there fault as far as I can see.
@DaveWardGS @Mistywoman1 Right. It’s an excessive profit crisis, not a pay crisis. Companies should have a moral obligation not to impoverish their staff if they are making excess profits. It’s not difficult, everyone wins. There will be something for shareholders but if not 100%, so what?!
@DaveWardGS @annettescambler Solidarity with BT comrades✊
@DaveWardGS Sounds like there's not enough competition in your industry. If employees voted with their feet to rival firms BT would have to up their game.