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Bank Tax

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Comments

  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    TruckerT wrote: »
    Most businesses simply contribute to the economy, but banks actually control the economy - there is no similarity between the two

    Retail Banking is a small, historical, part of banking activity

    TruckerT

    I see your point Trucker. Retail banking is a completely differnt beast to business investment and should be treated as such.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    TruckerT wrote: »
    Retail Banking is a small, historical, part of banking activity

    Retail lending is 3 times the size of that of Corporate lending in the UK.
  • TruckerT
    TruckerT Posts: 1,714 Forumite
    Thrugelmir wrote: »
    Retail lending is 3 times the size of that of Corporate lending in the UK.

    So why, when I phone my bank, do I have to sit in a queue for 20 minutes at my own expense, rather than getting invited out to an expensive lunch?

    TruckerT
    According to Clapton, I am a totally ignorant idiot.
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Thrugelmir wrote: »
    Retail lending is 3 times the size of that of Corporate lending in the UK.

    please provide proof of this nonsense.
  • ILW
    ILW Posts: 18,333 Forumite
    TruckerT wrote: »
    So why, when I phone my bank, do I have to sit in a queue for 20 minutes at my own expense, rather than getting invited out to an expensive lunch?

    TruckerT

    Bung a few hundred grand in and they will talk to you straight away, put a million in and they will invite you out for lunch. It's very classless.
  • corbyboy
    corbyboy Posts: 1,169 Forumite
    Part of the Furniture
    The reason banks are so well "protected" by the Government is because they pay such an incredible amount of tax.

    If the Government !!!!ed of the big banks too much they would just move out the country and the tax revenue would plummet.
  • TruckerT
    TruckerT Posts: 1,714 Forumite
    TruckerT wrote: »
    I really don't understand why so many people are not only happy and willing to pay their monthly dues to the Banking Industry, but are actually quite aggressive in defending the rights of the Banks to demand such dues

    TruckerT

    After the last two posts, I just thought I'd repeat the original post

    TruckerT
    According to Clapton, I am a totally ignorant idiot.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Dan: wrote: »
    please provide proof of this nonsense.

    Companies do have different mechanisms at their disposal to raise capital finance. Unlike consumers many are not debt junkies.
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Thrugelmir wrote: »
    Companies do have different mechanisms at their disposal to raise capital finance. Unlike consumers many are not debt junkies.

    eh? a consumers £200 overdraft compared to the finances of a corporate business? What are you on this morning Thrugelmir?
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