Christie Malry's own double-entry
Posted by Christie Malry on July 2, 2011 at 10:10 pm
Andrew Simms, a nef fellow and their former Policy Director, tweets the following glib observation:
Generally speaking, employees like to be paid in cash. So unless those 840 employees are prepared to receive their pay entirely in shares which they can't touch for three years, the two figures simply aren't comparable.
nef really are as dumb as a bag of hammers, aren't they?
Posted by Christie Malry on July 2, 2011 at 11:34 am
It's moral panic time at the Guardian:
Squeezed household incomes mean that one in eight Britons has no savings, while a third have been left with too little cash to cope with an emergency, new research claims.
The research from National Savings and Investments also found that, looking ahead, savers were pessimistic about their ability to save.
A quarter of Britons said they were less likely to save over the next three months.
Um, wouldn't you ordinarily expect savings to be depleted at this stage of the cycle... you know, as we pull out of recession? And then as growth returns, for people to start saving again?
