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Obscene or what?

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boatbuilder
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Obscene or what?

Post by boatbuilder » Thu Apr 01, 2021 3:35 am

From the front page of today's 'Guardian'. What do you think?....
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Mel
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Re: Obscene or what?

Post by Mel » Thu Apr 01, 2021 7:06 am

I imagine her taxes has paid for a few nurses. Unless she is a tax exile that is. If not, if she has worked hard and taken the risk in building up the company good luck to her. We don't bat an eyelid now at footballers earning £500,000 a week; actors getting millions of pounds a movie.
Personally I don't believe anyone is worth that sort of money, business people, footballers or actors...but if that is the going rate for the job, so be it, but no I don't think it is obscene.
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Re: Obscene or what?

Post by boatbuilder » Thu Apr 01, 2021 10:00 am

I’d like to know how much she has given to charities. I’ve just read an article in the Liverpool Echo about Ken Dodd who left over £27 million to charities in Liverpool.

https://www.liverpoolecho.co.uk/news/li ... 74abcff305
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Re: Obscene or what?

Post by muzzy » Thu Apr 01, 2021 1:10 pm

From what I read about her yesterday, she has a foundation set up that donates an awful lot to charitable causes each year. She has also been given both an MBE and OBE; not for her job but for her charitable work. She earns a lot, but gives a lot away, apparently. Also, the company itself was one of the few companies in the UK to keep on paying staff their full wage throughout the past year, refusing to use government funds or put people on furlough. The company appears not to have much debt if any, building up a cash surplus in order to tide them over if anything happens, such as Covid. Her and her husband were also subject to a serious robbery last year (I think), where her MBE and OBE awards were stolen and they were tied up in their bathroom overnight. Not only is she the boss, but she is the founder, she started the business from scratch and over the past 20 years has expanded overseas.

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Re: Obscene or what?

Post by Mel » Thu Apr 01, 2021 4:29 pm

The Denise Coates Foundation handed out £85million in charitable donations last year and the company and family paid £615million to the Exchequer last year also.
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