Not massive multinational concerns but the hundreds of highly skilled and irreplaceable craftsmen London is noted for.
As an example, the jewelry industry relies upon a raft of stone setters, polishers and diamond mounters: yet none of these vital workers are being given Business Rate Covid Relief.
Extending the example to other sectors....independent gunmakers, gilders, furniture restorers, painters, stone masons and weavers all are faced with having to pay business busting business rates despite turnover dropping to all-time lows.
Rupert Billionaire owner of Richemont |
Yet, here are just two glaring anomalies...
Richemont, a $42 billion Swiss based owner of luxury brands has total Business Rates Relief.
Another is Kering, a $61 billion French brand company owned by the mega rich French Pinault family.
Pinault Billionaire owner of Kering |
It looks like it's 'small people' may not matter to this government.
That's madness....they are the backbone of London's world-renowned creative industries.
I love it!!
ReplyDeleteThese billionaires with no real interest in London apart from flogging their overpriced tat get government aid but not the one, two three, four man bands. I expect Richment and Kering look after people!
This is a political shot in own foot. Apart from neglecting those who truly need help. The Dame is right. Someone needs to shake the Cabinet. Chelsea and Fulham MP Greg Hands should pick this up. He knows the Dame, knows the Government, and his heart is in the right place
ReplyDeleteWhat is Greg Hands doing about this?
DeleteCommiserations to Greg on the loss of his father to the virus
DeleteRupert and Pinault!! Immesley rich fat cats with not the slightest interest in fellow man. They should not be receiving a single Rand or a single Euro of tax payers money.
ReplyDeleteMore examples...
ReplyDeleteAlso explicitly from BRR is the entire private medical industry- again, smallest businesses are most vulnerable, with the small practices such as chiropractors, sports therapists, dermatologists taking the heaviest hit; private health enterprises, such as addiction clinics and mental health practices, whose survival is essential because of the woeful State alternative, will receive no BRR relief. Local solicitors, consultants, and IT firms are also denied breathing space.
all buddies together? call in a favour, make a call - all set, roll together; govt, wrld leaders, celebs, money makers sharing the same p-jet airports, islands, parties, davos etc - small world. what do you expect?
ReplyDeleteNow tax exile Branson wants a bailout
ReplyDeleteIt sucks
surely this is just standard behaviour in rbkc, haven't we seen it all before in different ways/scales throughout the whole fabric of the borough?
ReplyDelete