Dividends and Bonuses Banned as Prerequisite for Government Bailout

by | May 19, 2020

Share this article

The economic reality of global lockdown is now becoming clear in the UK as unemployment rises, productivity output falls and short term loss of earnings data released. However bonuses and dividends are banned for companies receiving government funding.

Firstly, SoftBank chief executive invoked Jesus Christ whilst defending his, thus far disastrous, investment stratergy.

 
 

The Ofiice for National Statistics has revealed productivity fell by 0.4% in terms of output per hour in the first three months of the year.

This productivity dip comes as news of giant spike in unemployment.

 
 

 

The National Institute of Economic and Social Research have fascinating thread filling out the broader picture of the UK economy.

 
 

Considering the challenges faced by the UK economy it David J Chimel suggests it may not be too surprising that dividends and bonuses ban are pre-requsit to government bailout loans.


What are your thoughts on these tweets?

Tweet your responses to @peter_IFAMAG

 

Share this article

Related articles

IFAM 127 | Not if, but when | April 2024

IFAM 127 | Not if, but when | April 2024

Not if, but when… Spring finally seems to have arrived! Since our last edition, we have had the Spring Budget and the Bank of England (BoE) rate announcement to name but a few important landmarks. This has kept us, like all of you I am sure, quite busy over the last...

Sign up to the IFA Magazine Newsletter

Trending articles

IFA Talk logo

IFA Talk is our flagship podcast, that fits perfectly into your busy life, bringing the latest insight, analysis, news and interviews to you, wherever you are.

IFA Talk Podcast - listen to the latest episode

x