Has this already been posted / discussed?

https://www.reuters.com/article/uk-health-coronavirus-britain-tax-idUSKBN2AF0K6

"..LONDON (Reuters) - A one-off wealth tax might be a way for British finance minister Rishi Sunak to plug the huge hole in the country’s public finances caused by the COVID-19 pandemic, an influential lawmaker said on Monday.

The estimate by the Wealth Tax Commission was based on the tax applying to everyone with individual wealth above 500,000 pounds - or 1 million pounds for a couple - and charged at 1% a year for five years..."

Edit: If people are sufficiently interested there has been an enormous study and report published on the concept.

The full 126 report can be read here - https://static1.squarespace.com/sta...2ff/1610414842497/A-Wealth-Tax-For-The-UK.pdf

And the 12 page exec summary (much easier read) can be found here - https://static1.squarespace.com/sta...01677/A-Wealth-Tax-For-The-UK_ExecSummary.pdf

The Tory government did loads of uncharacteristic things. It’s very weird.

Brooks wrote:

The idea of a Tory govt executing a wealth tax seems so entirely out of character I can't possibly believe it'd ever happen. If it did, that rate doesn't seem enough anyway.

The NHS renationalisation is also a thing that seems out of character but I suspect Boris is so posh he thinks he's a communist once he's had enough wine. Nobody, including Boris, will ever know. 

He's better than David Cameron though. I hope that fucker dies in a shed-related writing accident.

I do wonder if Johnson would've turned out all right with a loving, normal family. Nurture informing nature, maybe. Whereas Cameron's a ham bandit through-and-through.

Thatcher enabled Cameron

She changed the world in negative ways

She was properly conservative in a social sense, hated the gays and women’s lib and blacks and single mothers and the feckless poor

There’s simply no comparison. Cameron is merely a typically entitled Etonian PR prick, who at least didn’t give a shit who was fucking who (good thing too, given his porcine proclivities), and cowarded his way out of stopping Osborne’s austerity and the crazies’ europhobia. The only reason to hate him more than proto fascist Johnson, frighteningly inept May or world killer Thatcher is his condom face

Funkstain wrote:

The only reason to hate him more than proto fascist Johnson, frighteningly inept May or world killer Thatcher is his condom face

Brilliant. You, sir, are wasted here.

Funny thing is that while the Irish hate Thatcher, many Americans think she is a legend. I think partly because she was played by Meryl Streep in a movie but she is held in high regard as what a good woman leader should be. 

They probably would never vote her because, you know, no penis, but still.

Thatcher's world view fits nicely into a typical American one. Every man for himself. A perverse twisting of The American Dream.

Escape wrote:

May's de-eviled somewhat by her own incompetence, like a second-tier Indiana Jones baddie.

Strong and stable rope bridge.

I think you’re letting her off too easy.

She’s a nasty, anti-immigrant bigot and has been for years. This combined with a need to try and placate the right wing of her party rather than reach out and compromise with Labour after a disastrous election led her to push for the form of Brexit which we’re all facing the consequences of now.

May had a chance to pursue a much softer version of Brexit, she didn’t, she’s as responsible for the mess we’re now in as Cameron.

Yossarian wrote:

I think you’re letting her off too easy.

Not letting her off, just ranking her lower than Cameron in my annals of evil.

Absolutely hate leveraged buyouts. This will be the death of Asda. It shouldnt be allowed. Just going to assets strip asda and put it in a mountain of debt.

Asda: How to buy a £6.8bn supermarket for £780m

"..This kind of deal is called a leveraged buyout - which means that it involves large amounts of debt.

TDR Capital specialises in this kind of deal. It is also co-owner of EG Group, the worldwide petrol station business which built the brothers' fortune, and which also has large borrowings.

The Issas and TDR each contribute half of the £780m in cash to Asda's former owners, Wal-Mart, which has owned Asda since 1999.

Most of the purchase price - just under £4bn - will be borrowed.

Walmart, the American supermarket which owned Asda for the past 21 years, will retain a small stake in Asda, for £500m, along with a seat on Asda's board.

Then the new owners will sell off parts of Asda to raise the rest of the purchase price.

Asda will sell its warehouses and distribution system for £950m. It will still use them, but in future, it will have to pay rent to their new owners.

And Asda's 323 petrol stations will be sold for £750m to EG Group, adding to the portfolio of more than 6,000 around the world.

The deal is still awaiting approval from the Competition and Markets Authority, which is expected by the summer..."

https://www.bbc.co.uk/news/business-56085128

Unfortunately its how the glazers bought Utd as well.

Is this a bad time to be someone who works for Asda?

Oh well it was a good run (George warehouse worker).

Distribution is being sold, but rented back, so shouod be fine I think?

Nothing I can do about it so will just see what happens and deal with it when I know more.

Life in general though isn't it?

The government's Union unit is, err, falling to bits apparently.