Longhirst Hall Closes Its Doors!

[Malcolm Robinson]

http://www.newspostleader.co.uk/news/local/shock-at-closure-of-longhirst-hall-1-6469808?utm_medium=twitter&utm_source=twitterfeed

[threegee]

Oh dear!  This is what happens when you don't give those "tax cuts for [Morpeth] millionaires" Mr Miliband.  Jobs go, and/or those people do, and everyone becomes impoverished.

 

The sad fact is that we are already tax top earners more than any other country in the world except Italy and India.  And.. I can tell you first hand what this has done for the Italian economy!

So, next time you hear the standard "tax cuts for millionaires" trotted out by your local Jealousy and Envy Party candidate, remember that UK governments of all political persuasions appropriate half of all top earner's income.  Everyone benefits from this, and it's only because we present a favourable climate to business, and a reasonably equitable legal system that they bother to patronise us and create jobs.  So many times in our history has Labour greed, and socialist dogma, caused a loss for everyone that we simply can't afford the likes of Red-Ed Miliband to provide the last straw that breaks the camel's back - again!

There you are - rant over - but it makes my blood boil when a couple of minutes into any debate on anything Labourite drones trot out the party-line stock phrase to attempt to rubbish anyone's pro-business initiative! Just heard it yet again on the radio!

 

Oh, and here's what the same dumb vote-buying logic is doing for the Indian economy: http://www.bbc.com/news/business-26385545

[Symptoms]

Come on GGG ... don't get your hosiery tangled.  You know fine well that anyone with barrow loads of cash will ALWAYS make 'prudent' tax planning arrrangements for themselves;  things like, offshore accounts, trusts, dodgy books, tame auditors, companies registered in Delaware or Éire, and so on.  It really doesn't matter what the UK Tax requirements are, these folks are unlikely to pay what they owe under the rules,  They'll always try to avoid paying.  Oh, and they still seem to like it in Blighty, or reside in ever increasing hordes ... don't believe it when they bleat how awful the tax regime is.  The don't pay their whack!

 

Often when firms go the the wall it means that they've been badly run or have poor, short-sighted management.  Often, they're run by crooks who'll trade even when they know they're stuffed with the results that countless thousands of customers have been stiffed out of deposits and goods.

[ex Bedlingtonian]

Often when firms go the the wall it means that they've been badly run or have poor, short-sighted management.  Often, they're run by crooks who'll trade even when they know they're stuffed with the results that countless thousands of customers have been stiffed out of deposits and goods.

That is because the good, long sighted management have voted with their feet.

[threegee]

Come on GGG ... don't get your hosiery tangled.  You know fine well that anyone with barrow loads of cash will ALWAYS make 'prudent' tax planning arrrangements for themselves;  things like, offshore accounts, trusts, dodgy books, tame auditors, companies registered in Delaware or Éire, and so on.  It really doesn't matter what the UK Tax requirements are, these folks are unlikely to pay what they owe under the rules,  They'll always try to avoid paying.  Oh, and they still seem to like it in Blighty, or reside in ever increasing hordes ... don't believe it when they bleat how awful the tax regime is.  The don't pay their whack!

 

Often when firms go the the wall it means that they've been badly run or have poor, short-sighted management.  Often, they're run by crooks who'll trade even when they know they're stuffed with the results that countless thousands of customers have been stiffed out of deposits and goods.

 

I'm not talking about the cosmopolitan elites, and even if I were there's the argument that any sane person legally minimises their tax liability (unlike some of our own legislators - mainly Labour - who illegally minimise theirs!).  It's the game everyone plays, including the champaign socialists, and has its good side too, because it tempers greedy politico's power. Look at how French high-earners have raised two fingers to Hollande's loony stuff, and have forced him to backtrack.  He has now imposed those taxes on the employers instead, so they are now relocating across the channel in droves!

 

No, what I'm talking about is the people who earn more than average from UK based jobs. There are far more of them than the elites, and these are the very people that create jobs, and create wealth.  Constantly trotting out the tax cuts for millionaires party line says we don't value you; we regard you as a plain cash cow; in fact we despise you!  The plain fact is that this is purely for the audience; essentially the usual socialist ploy of buying votes with other people's money, and without regard to the true consequences.

 

The collateral damage from this kind of anti-business rhetoric is immense.  It's the usual: talk ourselves into poverty because it makes us all feel better about things and about "the evil system".  Lets live life as it should be, not as it is!  Let's impoverish everyone because we have b-all enterprise or ability ourselves!  Selling jealousy and envy to people who can't see past the next state-handout can be very profitable in itself, and is self-sustaining!  It's actually contemptuous on their abilities, and any aspirations they may have.

[Alan Edgar (Eggy1948)]

That is because the good, long sighted management have voted with their feet.

How about keeping it simple :–

1. Group of business men decide Longhirst Hall = Hotel – Weddings etc. good place to invest and make money

2. Longhirst Hall makes money

3. 2012 Young couples, not press-ganged by parents into formal weddings head, for Turkey; Cyprus; Las Vegas & Elvis etc. etc.

4. Longhirst Hall not bringing in the clients, starts to lose money.

5. 2013 install new General Manager with a proven record :-

He has extensive experience of managing country house-style hotels for many years and also owned his own hotel in the East Midlands.

Someone thinking "I'm looking for something that would stretch me and I'm delighted to be working at a multi-faceted venue which has untapped potential and allows me to develop my entre-preneurial flair. Quality, not quantity, is my focus and I encourage the section managers and staff to treat the business like it is their own.â€

6. Brought in a new financial controller and a food and beverage manager so Longhirst can go further afield for business.

7. 2014 Longhirst can't go any further, still losing money.

Before we lose any more money – Liquidation – Terminate staff contracts - Close the doors.

Update General Manager's CV – "Tried his best, will keep on trying to feed his familyâ€

 

Next project please.

If the money men didn't would we, the common person, risk investing?

[Maggie/915]

Surely you liquidate the company thereby loosing all the depts you have amassed , then you start up again under another name.

How about 'the Hall at Longhirst'

The poor people who have lost money really have had their money stolen.

My subjective viewpoint.

[Alan Edgar (Eggy1948)]

Cannot pay debt go to Jail?!

 

I'm sure Britain used to send bankrupts to prison - Debtor' prison.

 

They still do in Dubai, the concept of Bankruptcy does not exist, if you have debt and cannot pay it you simply go to jail. 

[threegee]

How about keeping it simple :–

1. Group of business men decide Longhirst Hall = Hotel – Weddings etc. good place to invest and make money

2. Longhirst Hall makes money

3. 2012 Young couples, not press-ganged by parents into formal weddings head, for Turkey; Cyprus; Las Vegas & Elvis etc. etc.

4. Longhirst Hall not bringing in the clients, starts to lose money.

5. 2013 install new General Manager with a proven record :-

He has extensive experience of managing country house-style hotels for many years and also owned his own hotel in the East Midlands.

Someone thinking "I'm looking for something that would stretch me and I'm delighted to be working at a multi-faceted venue which has untapped potential and allows me to develop my entre-preneurial flair. Quality, not quantity, is my focus and I encourage the section managers and staff to treat the business like it is their own.”

6. Brought in a new financial controller and a food and beverage manager so Longhirst can go further afield for business.

7. 2014 Longhirst can't go any further, still losing money.

Before we lose any more money – Liquidation – Terminate staff contracts - Close the doors.

Update General Manager's CV – "Tried his best, will keep on trying to feed his family”

 

Next project please.

If the money men didn't would we, the common person, risk investing?

 

Even simpler!

Thatcher era:

5% of UK population lives in the North East - 5% of all UK high earners live in the North East.

 

Post Blair/Brown/CamClegg (& "Things, can only get better!"):

5% of UK population lives in the North East - 2% of all UK high earners live in the North East.

 

Longhirst Hall closes.