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Coronavirus

galeforce said:
I don’t think anyone will have a rainy day account big enough to cover this, it’s going to be years before we get back to normal
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Normal yes but we will back working in the summer. I was self employed and ran a business, if people can not tighten their belts and use their savings to see them through it then they have been doing it wrong.

The will be serious discounts and a whole range of things when this is over. My son is 15 but i imagine i will be able to buy him a car for a huge discount for when he does turn 17. As for all those idiots who were hiring cars instead of buying outright cheaper ones.

So many kids where i work 18-25 who are hiring cars for £300 a month when they only earn £500 a month, there going to be absolutely screwed and not going to be able to find the £5 ,000 final payment.
 
scaramanga said:
That's not paranoia, the EU has always been open (at least for the last 20 years) about its intentions to redistribute from the earners to the workshy.
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People will get to see the true level of evilness of the EU that i have been going on for years. Interesting the are already some arguments going on. The richer countries telling the poorer countries to pay their fair share(RACIST) and the french scrabbling around trying to figure how to get out or paying anything.
 
Any accountants here?

Mine is doing some great work on behalf of his clients- and it must be incredibly stressful trying to keep so many plates spinning - I think if he keels over then half of the businesses in my part of Surrey will be even more fudged.

I have a company but don’t employ anyone except myself and am currently paye anyway so I’m once again counting my blessings and keeping out of the way.
 
Danishfurniturelover said:
Normal yes but we will back working in the summer. I was self employed and ran a business, if people can not tighten their belts and use their savings to see them through it then they have been doing it wrong.

The will be serious discounts and a whole range of things when this is over. My son is 15 but i imagine i will be able to buy him a car for a huge discount for when he does turn 17. As for all those idiots who were hiring cars instead of buying outright cheaper ones.

So many kids where i work 18-25 who are hiring cars for £300 a month when they only earn £500 a month, there going to be absolutely screwed and not going to be able to find the £5 ,000 final payment.
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If anything (not that it needs something this big) pops the car leasing bubble this definitely wil.
 
johnola said:
Any accountants here?

Mine is doing some great work on behalf of his clients- and it must be incredibly stressful trying to keep so many plates spinning - I think if he keels over then half of the businesses in my part of Surrey will be even more fudged.

I have a company but don’t employ anyone except myself and am currently paye anyway so I’m once again counting my blessings and keeping out of the way.
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You won't be entitled too much unless you're paying yourself decent PAYE....which you shouldn't be if you're a director?
 
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Hootnow said:
I actually am not blaming Boris (or certainly not him alone) in this.

Hence why I've been saying Tories as opposed to Boris in my posts.

The main thing I blame him for currently is the EU ventilator scheme. Otherwise this is a genuinely difficult situation. The other thing I blame him and the government for is as follows:

I have some background in Public Health (though am not a PH doctor by any means). A lot of my old colleagues are now Profs in PH or big figures in it, epidemiology etc. Some of them have been involved in controlling Ebola outbreaks etc in the past.

And yet until quite recently, they were not really engaged at all. Other experts they know were also not engaged. These are British experts, living and working in the UK.

Very poor imo.

Of course the other stuff is not on Boris though.
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On the ventilators I agree on the face of it the decision sounds stupid but we don't really know the details yet i.e. how much will they cost, how quickly will they be available, in what quantities and who will get them first?

They key at the moment is speed so only time will tell which route will get them delivered quicker but it sounds like the government have already sourced a few thousand from companies with existing stocks and more are being produced with these new designs (to be fair I'm skeptical Dyson can design a new ventialtor from scratch and build 10K off them in a few weeks).

Where big errors have been made are things like Hanrooster tweeting out for companies to offer them ventilators, just embarrassing. I'm guessing it was more for show but it's a dumb move. I've also read that one British company could offer 5,000 ventilators (some from existing stock and some due in from manufacturers) almost immediately and contacted the government to offer them but heard nothing back so sold them to other countries. That's shocking behavior.
 
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P.D. said:
On the ventilators I agree on the face of it the decision sounds stupid but we don't really know the details yet i.e. how much will they cost, how quickly will they be available, in what quantities and who will get them first?

They key at the moment is speed so only time will tell which route will get them delivered quicker but it sounds like the government have already sourced a few thousand from companies with existing stocks and more are being produced with these new designs (to be fair I'm skeptical Dyson can design a new ventialtor from scratch and build 10K off them in a few weeks).

Where big errors have been made are things like Hanrooster tweeting out for companies to offer them ventilators, just embarrassing. I'm guessing it was more for show but it's a dumb move. I've also read that one British company could offer 5,000 ventilators (some from existing stock and some due in from manufacturers) almost immediately and contacted the government to offer them but heard nothing back so sold them to other countries. That's shocking behavior.
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Probably emailed the same junior minister as the EU did.
 
Bedfordspurs said:
The government have an external consultancy advising them on buying if the equipment they need. I know the consultancy and regular share their office
It’s the slowest possible way they could work IMO at a time of crisis and shows the behemoth that it’s the governments commercial model
It’s scarily slow and just not fit for these situations
If they had asked Tesco to buy them 25000 ventilators they would be here now and ready (I’ve worked for both Tesco and Gov and I hate Tesco now for the way they treated my team when I left)
It all makes me feel and think their still planning on the herd approach just doing it without saying it...
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So more expensive and also not available when needed. The ministry of plenty is really letting the UK down and costing lives.
 
ricky2tricky4city said:
You won't be entitled too much unless you're paying yourself decent PAYE....which you shouldn't be if you're a director?
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I won’t be claiming the paye element arising from my company as I have earnings outside the company which puts me out of scope as I understand it.

The point I am trying to make is that it must be a flipping headache for book keeping accountancy firms right now- seeing their clients businesses under duress.
 
2 Doctors sadly hit by this virus. Why is it do deadly in some and mild in others?

Experiments on mice suggest that the initial dosage of a virus is important, with higher fatalities when mice are infected with more of a virus. The logic: health care workers are exposed to particularly sick people who 'shed' more of the virus. However, both doctors who died were specialist consultants. It is not clear if they were treating patients with covid-19.
 
P.D. said:
I've also read that one British company could offer 5,000 ventilators (some from existing stock and some due in from manufacturers) almost immediately and contacted the government to offer them but heard nothing back so sold them to other countries. That's shocking behavior.
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I agree that on the surface this sounds appalling. But not dissimilar to the EU case, I'd suggest further questions need asking before rushing to condemn the UK government.

For example, did the company follow up their initial communication to the government? How long did they wait for a response? Under what terms did they go on to sell the ventilators abroad? And, had they heard the government's blanket commitment to the effect of 'if you have ventilators, we will buy them'?
 
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