January 17th, 2014

IoD Sniff at Ed’s Big Speech

Unsurprisingly business leaders weren’t impressed with Ed’s speech either. Institute of Directors boss Simon Walker has his say:

“The state has a very poor history of creating competition in banking. The last time the Government told a bank what to do, Lloyds was ordered to sell branches to Rev. Flowers, and we all know how that ended.”

Wounder.


137 Comments

  1. 1
    Spartacus says:

    they should sign up terry wogan

    Like

  2. 2
    Another die hard Tory says:

    We’ve done enough banker bashing for today

    Like

  3. 3
    Ed Twelvety Balls says:

    I can count to eleventeen!

    Like

  4. 4
    retardEd Miliband says:

    Thank God it’th Fwiday.

    Like

  5. 5
    keith Vag says:

    why aren’t I the centre of attention anymore, it should be me me me – smarme

    Like

  6. 6
    Tough Cheddar says:

    Like

  7. 8
    IoD says:

    25,000 burning tyres smelt better than Eds speech

    Like

  8. 9
    Tworker says:

    This has to be Ed Balls making a play to get Mrs Balls the PMs job next year.

    No one could be so fecking stupid as to let the chosen (by preferred alternative voting) one replay all Gordon the Moron’s mistakes in trying to break up the City. Look where he got us !

    Like

  9. 11
    BBC News headlines says:

    Obviously because Ed said so the top story today is bankers bonuses.

    Like

    • 35
      The BBC supports "responsible capitalism" says:

      Even the pro- Labour BBC is finding it hard going to “spin” this as an effective policy…they’re literally sweating blood in the BBC newsroom trying to do so but even they can’t “make a silk purse out of a pig’s ear” !!

      Like

      • 52
        Ed Sillyband says:

        My manifesto is no longer a blank sheet of paper comwades.

        1. Labour to pay for everything with a bank bonus tax.

        2. Labour to reduce bank bonuses.

        3. Oh shit!

        Like

        • 60
          The most amusing claim ever says:

          It’s a sobering thought but even given all that ….Miliband will more than likely be Prime Minister after May 2015

          Like

        • 118
          Cost-of-Labour-crisis says:

          My grandad voted Labour.
          My dad voted Labour.
          So I’ll vote Labour.

          Like

      • 63
        BBC News Editor says:

        We’ve lied about Jimmy Savile for years. We’ve lied about “climate change” for years. Labour should be easy.

        Like

  10. 12
    Fred the Shred Goodwin says:

    Why give the keys back to the same people who crashed the car in the first place?

    Like

  11. 17
    Ed Bollocks says:

    Unless it’s promoting the ‘immigration is good for the economy’ myth anything the IoD says shouldn’t be trusted.

    Like

  12. 18
    Mad, Bad & Dangerous Gordon McRuin ( Member in absentia ) says:

    Bring back Sir Victor Blank-Cheque.

    Like

  13. 22
    Ed Sillyband says:

    The Co-op is the future of banking.

    Like

  14. 25
    Glyn H says:

    Even more to the point was that Lloyds was suckered (whose chairman, CEO and directors should have been fired noisily) by that meddling malevolent sod Brown into rescuing the failed Halifax ‘bank’ after it had already busted the 300 year old BoS – after the bastard had already and foolishly and for political purposes saved the Northern Rock which should have died. THAT was political meddling of the worse sort. Using taxpayers money to save Labour seats!!

    Like

    • 43
      Prudence was his middle name says:

      Brown was in a panic in 2008…another SCOTTISH bank was going to go bust so what do you do ?… you get an unexciting but safe and well funded bank to take on one with a shit loan book and then look on amazed when the whole shebang goes tits up

      Like

    • 97
      Mr Potato Head says:

      It was the Bank of Scotland and its debts that busted the Halifax.

      Like

    • 108
      Mark Oaten says:

      You have hit the nail on the head here,Northern Rock was a big employer in the North East loads of thicko Labour Mps whillst B of S and RBS would have damaged him in Scotland where there are even morle Labour thicko,the man who should have been castigated for this was Sir Victor Blank Cheque his actions were horrendous.

      Like

  15. 27
    Butterfly says:

    I know markets are not logical, but does the drop in the bank share prices not suggest that the markets rate Miliband’s chances of being the next PM and being in a position to carry out his threat slightly more highly than they do Dave Cameron’s chance of remaining in office?

    Like

    • 48
      Market watch says:

      The markets never underestimate the stupidity and gullibility of large swathes of the British electorate……………

      Like

    • 110
      A Stockbroker says:

      No, it means we get paid when we sell your shares and also when we buy them back again for you.

      So it’s in our interest to talk down the banks one day then praise them up the next.

      Like

  16. 28
    If you want to attract the best calibre of person into politics etc says:

    Can we discuss the wankers bonus or as they call it.MP’s expenses.

    Like

  17. 29
    Centre Parting says:

    Mainly Scottish labour seats….

    Like

    • 55
      Chasing the Deer says:

      Not a problem after September this year although Labour will try and force through as many policies they can before Scottish MPs are disbarred in March 2016…a bit like the introduction of student tuition fees that Blair forced through using the Scottish block vote even though their constituents were not affected

      Like

    • 99
      The Labour Party says:

      I suspect we will have a major change of heart on Proportional Representation if we lose the jock MPs

      Like

  18. 30
    Labour goes for ineffective populist bash a banker election strategy says:

    The impact of Ed’s Speech has lasted about as long as the favourable reviews of his old boss, Brown’s, budget’s……initially an enthusiastic response and then the smnall print and realisation and within 20 minutes a total car crash….ah well better luck with the next populist non-policy .There’ll be another bandwagon along soon Ed

    Like

  19. 32
    RomaBob.... Beeg Issue, Beeg Issue! says:

    Anyone seen Max Clifford recently?

    Like

  20. 33
    Displaced Brummie says:

    Reverend Flowers. Bringing a new meaning to the term “White Collar…”

    Like

  21. 34
    Jimmy says:

    Obviously losing the support of the IuD is a huge blow.

    Like

  22. 37
    King Alfred the Great says:

    I’ve been boned!

    Like

  23. 42
    TV AM Politics says:

    Like

    • 47
      chris huhne says:

      what a pair of knockers! only kidding, where are the boys?

      Like

      • 53
        An economist says:

        There no jobs for men any more. Labour destroyed them.

        Like

        • 57
          I million of nothing equals er nothing says:

          How many of the so called (much trumpeted by Dave at every opportunity) one million new jobs are part time and zero hours contracts ??

          Like

          • Ed Milliwatt says:

            Quite right. Vote for us and we’ll raise taxes and get rid of all these new jobs, you are better off on benefits.

            We can get a load more immigrants in to do any jobs you don’t want to do.

            Like

    • 66
      Reader says:

      Presumably she’ll be complaining to the Equalities Commission about the blatant anti-male biases in Morrisons hiring practices.

      Like

    • 70
      Arthur says:

      They look like a bunch of shop mannequins

      Like

    • 73
      Danny La Rue says:

      Didn’t recognize her with her clothes on,

      Like

    • 115
      Mark Oaten says:

      They willbe as nearly thick as her if my local Morrisons branch is anything to go by,worst performing supermarket in 2013.

      Like

  24. 44
    Get the popcorn says:

    Like

    • 51
      Reader says:

      Slow day, Guido?

      Like

    • 82
      Don't underestimate the power of the power slap says:

      Use the power slap and the drunken c*nt would have woken up around midday surrounded by shoppers.

      Like

    • 87
      A Sense of Proportion says:

      That just looks like a bully using unreasonable force to me.

      Like

      • 105
        Anon says:

        The chav got the message and fucked off, didn’t seem unreasonable to me.

        Like

        • 114
          Small Business says:

          It looks like he was on public property. The chav had as much right to be where he was as anyone else. If he was in the act committing a crime, the bouncer should have affected a citizen’s arrest and called the police.

          Anything else was assault.

          Like

  25. 54
    Warren Peace says:

    Where’s the dirt on Yeo, you promised earlier?

    Like

  26. 56
    altruism in industry says:

    I think it would be a good thing to focus less on the financial services and more on other ways of making money, like making things, you know films , music, robots, artificial body parts, space ships, technical clothing, nuclear fusion, tasty food stuffs, everlasting batteries, eternal life, that sort of thing

    Like

  27. 58
    FrankFisher says:

    LibDems are a particularly unpleasant infestation.

    Like

  28. 67
    Duckham Weave says:

    I would let Labour near a river bank

    Like

    • 79
      UKIP or bust says:

      Caught the 3 O’clock Labour Bradcasting channel earlier, and it would seem that because thay have been trailing this McClusky bank thing all week and trying to make it look like McKluskys erand boy Milliband is (or should be) in charge of the country’s financies, thay have had to keep pretending it’s a good thing.

      Like

  29. 69
    EU Funded Pro-EU Troll says:

    Vote UKIP.

    Like

    • 137
      Only Chavs shop at Tesco says:

      Vote UKIP – get MILIBAND! Is that so hard to understand? I want to vote UKIP, but I can face reality. I’d rather have that dateless idiot Camoron than Milibland and Bollox and Mrs Bollox and that snake whose father was Lord Stansgate. I admire and like Farago, but he’s going to let Miliband REALLY fuck what’s left of the UK. Sorry, but it’s true.

      Like

  30. 76
    Connie Briscoe and the case for the EU In Vote ? says:

    Pubic lice from Brussels ?

    Vote UKIP.

    Like

  31. 83
    nell says:

    I thought the funniest statement of the day was that one on the right of the page ‘ed miliband puts mark carney on notice’ . My word I bet mr carney is absolutely terrified!!

    Like

    • 92
      Casual Observer 5 says:

      On notice of what though ?

      Ed isn’t his boss.

      Could be a new Labour economic strategy – piss of Goldman Sachs.

      That’ll be the winning ticket… not.

      30 Yr Fixed rate mortgage idea is not a bad one. But need to be careful with Carney as I think he was the idiot who tried to extend mortgages to 40 Yr terms in Canada – a move which has been undone now, nearly taking down a couple of their banks.

      What is wrong with 10Y fixed ? Anyone would think a UK mortgage is a debt device to enslave and pacify… :-)

      Like

      • 121
        FFS says:

        Build more houses, kick some of the immigrants out – house prices down to £50K each and everybody can manage to pay their mortgage off.

        Oh no, wouldn’t want that – the middle classes would only work for 10 years. Best create an artificial market in housing and encourage everybody to get into massive debt they can’t pay.

        Like

  32. 84
    nell says:

    I thought the funniest statement of the day was that one on the right of the page “ed miliband puts mark carney on notice” My word I bet mr carney is absolutely terrified!!

    Like

  33. 96
    Long John Silver's parrot says:

    If in the unlikely event the twat actually gets into Downing St let him break up the Banks if he wants to.

    The Banks can hardly be in a bigger mess than they now are.

    Like

  34. 102
    Small Business says:

    My finance director is on the phone to HMRC. After three minutes being asked quesitons by a maching she is now in hold in a queue which she’s been told will be 12 minutes.

    This, in order to even start to make set-up arrangements to pay staff income taxes using a method which we were told could only be used online.

    How does any of this costly time and effort benefit my company?

    Like

    • 122
      Small Business says:

      She goto through, explained the issue, and was eventuallly told that they will write to her by post: but not to expect anything until the 14th February.

      Like

    • 126
      Jack Ketch says:

      Easy–just pay 10% of what you think you should have to pay and deposit the rest in a suspense account. Write–yes, on paper, to HMRC deploring the time spent trying to contact them and request a personal visit. You will be astonished how fast you will be attended to.

      Like

      • 127
        Small Business says:

        They have somehow managed to shut the online PAYE account, so we can’t send them any money.

        Go figure.

        Like

  35. 107
    i don't n eed no doctor says:

    Is it pure spite that drives Ed Miliband?

    Like

  36. 119
    Mark Oaten says:

    The country is goin down the shitter!

    Like

  37. 120
    Sunderland is a Labour ghetto thats why its shyte. says:

    Be afraid ,be very afraid if these lot win the next GE.

    Like

  38. 132
    Edinburgh Skanky Shitty says:

    Hypocritical Labour!

    Like

  39. 135
    Anonymous says:

    There’s snow business like Banking!!

    Like


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