Jarndyce Posted February 28 Share Posted February 28 1 hour ago, Thomas Dalby said: 9 hours ago, Albert Tatlock said: Want the whole list, or just the top 10 I know about? Whatever you have Yep, go for it, Albert - tell all. Quote Link to comment Share on other sites More sharing options...
CrazyDave Posted February 28 Share Posted February 28 So the letter to treasury minister from CoC is out there. Brutal, but I am only on a break between meetings so can’t share further thoughts at this time. Should be interesting though. 1 Quote Link to comment Share on other sites More sharing options...
Holte End Posted February 28 Share Posted February 28 18 minutes ago, CrazyDave said: So the letter to treasury minister from CoC is out there. Brutal, but I am only on a break between meetings so can’t share further thoughts at this time. Should be interesting though. Link please Quote Link to comment Share on other sites More sharing options...
quilp Posted February 28 Share Posted February 28 https://www.three.fm/news/isle-of-man-news/put-a-jumper-on-minister-tells-civil-servants/ A bit off-topic but more of this, Crookall at his finest, though it probably won't go down well with some cosseted souls. 1 Quote Link to comment Share on other sites More sharing options...
Albert Tatlock Posted February 28 Share Posted February 28 6 minutes ago, quilp said: https://www.three.fm/news/isle-of-man-news/put-a-jumper-on-minister-tells-civil-servants/ A bit off-topic but more of this, Crookall at his finest, though it probably won't go down well with some cosseted souls. I doubt Crookall knows how to put a jumper on. 4 Quote Link to comment Share on other sites More sharing options...
TheTeapot Posted February 28 Share Posted February 28 The cost of the government is just crazy, they've got to get a grip of it, but they never will. You'd have to be brave. Management salaries are too high, if I were in charge I'd do this: No pay rises for 3 years for anyone earning £60000+. A 5% rise is at least £3000. When it is time to put a payrise in look at the overall inflation during that period, and give them half. For each of the three years give them £1000 in actual cash, fresh £20s, tax free, instead of the payrise. This would save a lot of money, look like you are taking very seriously the excesses of the gov, and if they don't like they can leave and you try not to replace them, and if they whinge about how unfair it is they'll get no sympathy because THEY JUST GOT GIVEN A THOUSAND POUNDS IN ACTUAL CASH. 3 Quote Link to comment Share on other sites More sharing options...
CrazyDave Posted February 28 Share Posted February 28 49 minutes ago, Holte End said: Link please Not seen in it in thee press yet, copy and paste below. Not sure how well it will copy over Dear Treasury Minister Business Vote of No confidence in the 2024 budget We are writing to you on behalf of our membership and their 22,000 employees drawn from across all sizes and sectors of our economy, we write to ask you to act decisively to re-establish real fiscal responsibility across Ministers and Departments to regain the confidence of businesses following last week’s budget. Please find enclosed and attached with this letter: • The Chamber's media release expressing our reaction to the recent budget • Results of a survey conducted across all sectors of our membership at the end of last week: 98% say the budget won’t help their business 96% say it won’t help their employees 95% say that tax rises should have been matched with corresponding savings in government expenditure Over half of employers don’t believe the childcare support in the budget will help their employees • A comprehensive summary of members' sentiments, including open comments after the announcement of the budget and tax strategy In a nutshell, the overwhelming feeling of our members is that last week’s budget was bad for business, employees, and demoralising for business owners. To fund public services on Isle of Man we need positive, motivated, and investing businesses and employees. In terms of future economic development, some comments express disappointment and a resulting lack of desire to either move here or stay here, citing a post budget erosion of our competitive advantages. There was surprise that a long-awaited tax strategy that many expected to be progressive and visionary but appeared to be far from that and was released a day after the budget, in advance of a UK General Election, which could change the adjacent tax landscape substantially. We are therefore seeking urgent action to re-establish stability, confidence, and optimism for businesses by addressing the following: • Chambers members have overwhelmingly declared a vote of no confidence in the 2024 budget. We need to turn this around, urgently. Responsibility for the Economy should be clearly defined via a Strategic Board of public and private sector members with a Minister reporting through to Comin. The remit would be to drive and deliver economic growth via macroeconomic modelling and impact assessments carried out by economists (following suit with other jurisdictions such as Jersey & Estonia) whilst ensuring mandatory oversight on key economic drivers. Hillary House, Prospect Hill, Douglas, IM1 1EQ Telephone +44(0) 7624 462550 www.iomchamber.org.im Company Limited by Guarantee no. 1380C. Registered in the Isle of Man • In the meantime, the Island urgently needs a Treasury Minister and Team (Political and Officer) that understands business, our economy, and its structure, when taking decisions that affect future growth, government spending, investment, and the island’s competitive advantages. • The size, cost and scope of government needs tackling, urgently. The preference of many members is a move to a single legal entity. • Ministers and Departments must be financially responsible and accountable with mandatory oversight on spending. Respecting their budget by prioritising essential and core services, taking a “back to basics” approach, whilst improving agility, productivity, and service. Ministers must be prepared to listen and understand, not listen to answer. Too much recent interchange has been the latter, a union leader commenting on the budget last week spoke of it as “tokenism”. There is a perception that government is light on those that understand business and more importantly the impact of the rapid pace of change and transformation being driven by external market forces currently. Members noted your comments to EPRC and on Manx Radio this week that “ Government cannot 'arbitrarily' reduce its employee headcount without considering the provision of frontline services” . However, these bleak survey results underline a strong and prevalent conviction amongst our members that the government has become overly large and financially burdensome and in many “non frontline” areas savings could be made. We cannot continue to compromise our economic strengths and competitive position to accommodate these expenditures, especially on non-essential services. The Island is also of a size to foster informed public and private sector collaboration, by sharing knowledge and expertise. It is in all of our interests to do so. As the Island’s biggest business network, we have immediate access to business leaders who have done such transformation themselves recently, who could provide input directly to government on this and a range of other concerns highlighted here. As the attached additional comments document show, there are already a number of cost and money saving suggestions for government from our members. Over the coming weeks, we intend to build a project across our membership to gather further examples and proposed solutions to share. To restore confidence, we encourage you to act decisively and strongly to address the current negativity and instability in Manx politics and Business around the 2024 Budget. Yours sincerely The Chamber Board Cc: Chamber members, MHK’s/MLC’s, sector representative bodies 1 6 Quote Link to comment Share on other sites More sharing options...
Two-lane Posted February 28 Share Posted February 28 Amadeus posted this a few hours ago, but this is a real "You can't be serious" moment: https://twitter.com/i/status/1762593545783791850 Allinson casually passing his hands over the keyboard, presumably thinking that.... what the hell was he thinking? That he is a fantasist who believes that pretending is good enough? If anyone significant had posted that, it would be all over the Internet within hours. He and Caldric Randall ought to get together to make a few YouTube videos. 2 Quote Link to comment Share on other sites More sharing options...
Blade Runner Posted February 28 Share Posted February 28 19 hours ago, Amadeus said: I will name that tune in 5 Quote Link to comment Share on other sites More sharing options...
Moghrey Mie Posted February 28 Share Posted February 28 Chamber of Commerce should concentrate on putting its own house in order if it so knowledgeable. The government gives their members plenty of money one way and another. https://www.iomdfenterprise.im/financial-support/funding-2/ 2 Quote Link to comment Share on other sites More sharing options...
Utah 01 Posted February 28 Share Posted February 28 2 hours ago, CrazyDave said: Dear Treasury Minister Business Vote of No confidence in the 2024 budget We are writing to you on behalf of our membership and their 22,000 employees drawn from across all sizes and sectors of our economy, we write to ask you to act decisively to re-establish real fiscal responsibility across Ministers and Departments to regain the confidence of businesses following last week’s budget. In other words, Allinson, get back to work in what you're trained to do and leave running an economy to people who know how to create and attract wealth. 2 Quote Link to comment Share on other sites More sharing options...
Holte End Posted February 28 Share Posted February 28 37 minutes ago, Blade Runner said: I will name that tune in 5 1 Quote Link to comment Share on other sites More sharing options...
Moghrey Mie Posted February 28 Share Posted February 28 https://www.gov.im/media/1382354/budget2024-nextfiveyears.pdf Quote Link to comment Share on other sites More sharing options...
Non-Believer Posted February 28 Share Posted February 28 Dear CoC, Many thanks for your letter and the numerous points you raise within. Your offers of assistance are also duly and gratefully noted. After much consideration (about 5 minutes) we feel it necessary to point out that the Island is experiencing unprecedented, in recent times, financial issues and pressures. As such, within the Budget it has been necessary to prioritise matters of a fiscal nature and rigidly adhere to this prioritisation. We have therefore listed these below, with 1) being the highest priority; 1) Preservation of Govt pay, terms, conditions, numbers, superannuation, benefits and culture. 2) Everything else in Govt. 3) Any of the population that's left. Yours ever, Alex, Calric and the IoM CS PS. Please note that in future you will also be required to supply your own Vaseline. 1 2 Quote Link to comment Share on other sites More sharing options...
CallMeCurious Posted February 28 Share Posted February 28 So MT increased prices 12.5% last May 2023 and now 5.5% in April 2024. So an increase of 18% in one year. Seems like the government isn't the only one screwing us. 3 Quote Link to comment Share on other sites More sharing options...
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