Tag Archives: Stefano Pessina

Torygraph reporting hits a new low point

Mr Barlow was part of the Conservative campaign in 2010 - what a rock'n'roller YOU are, Gary!

Mr Barlow was part of the Conservative campaign in 2010 – what a rock’n’roller YOU are, Gary!

Did anybody bother to read a story in the Daily Telegraph that claimed Ed Balls had accused the Conservatives of wheeling out Gary Barlow to speak against them in an almost-total misrepresentation of the Shadow Chancellor’s words?

Mr Balls referred to the Take That singer in an interview with BBC Radio 4’s Today programme, linking him with Alliance Boots boss Stefano Pessina as people who have spoken out for the Tories.

Here’s what he said: “I would think in the next three months we are going to have a number of people brought forward by the Conservatives – whether it’s Gary Barlow or Mr Pessina – saying don’t vote Labour.”

It’s clear that Gary Barlow is used because of his part in the Conservative campaign of 2010 and, because of that, it’s fair comment to suggest that he might be fielded again.

But there’s a lot of clear blue water between that and “Ed Balls has claimed that the Conservatives are enlisting Gary Barlow, the Take That singer, in a plot to destabilise the Labour Party.”

Is the Torygraph taking on staff from the Mail or Sun, perhaps?

Follow me on Twitter: @MidWalesMike

Join the Vox Political Facebook page.

If you have enjoyed this article, don’t forget to share it using the buttons at the bottom of this page. Politics is about everybody – so let’s try to get everybody involved!

Vox Political needs your help!
If you want to support this site
(
but don’t want to give your money to advertisers)
you can make a one-off donation here:

Donate Button with Credit Cards

Buy Vox Political books so we can continue
laughing at the mistakes of the mainstream media.

Health Warning: Government! is now available
in either print or eBook format here:

HWG PrintHWG eBook

The first collection, Strong Words and Hard Times,
is still available in either print or eBook format here:

SWAHTprint SWAHTeBook

Tax-avoiding Boots boss is ‘catastrophe’ for Britain – not Ed Miliband

—Stefano Pessina: When you consider all the tax he has managed to avoid paying, he's got a lot of reasons to smile.

—Stefano Pessina: When you consider all the tax he has managed to avoid paying, he’s got a lot of reasons to smile.

Why should any of us pay attention to Stefano Pessina? He reckons Ed Miliband’s plan for government would be “not helpful” – but isn’t it even less helpful that he’s the acting chief executive of a major tax-avoiding company whose head office is a post office box in a tax haven?

Mr Miliband’s campaigns against high levels of executive pay and “predatory” capitalists, his plans to restore the 50p top rate of income tax, his pledge of a “mansion tax” on homes worth more than £2 million and promise to freeze energy companies’ prices for 20 months have been described by Mr Pessina as “not helpful for business, not helpful for the country and in the end it probably won’t be helpful for them”.

Gosh. Labour’s business spokesman, Chukka Umunna put him right in his place with this response: “It is important that the voice of business is heard during this General Election campaign, not least on Europe.

“But the British people and British businesses will draw their own conclusions when those who don’t live here, don’t pay tax in this country and lead firms that reportedly avoid making a fair contribution in what they pay purport to know what is in Britain’s best interests” [all boldings and emphases mine].

Mr Pessina, you see, took over Boots (more accurately Alliance Boots) in 2007, alongside US private equity manager Kohlberg Kravis Read. Between 2010 and 2012, the company’s tax bill – to all of the countries in which it operates put together – totalled £156 million, against pre-tax profits of £1.8bn – an effective rate of just nine per cent (according to Richard Brooks in The Great Tax Robbery, p.140).

It seems to this writer that Mr Pessina is the one who is “not helpful” for the country.

Follow me on Twitter: @MidWalesMike

Join the Vox Political Facebook page.

If you have enjoyed this article, don’t forget to share it using the buttons at the bottom of this page. Politics is about everybody – so let’s try to get everybody involved!

Vox Political needs your help!
If you want to support this site
(
but don’t want to give your money to advertisers)
you can make a one-off donation here:

Donate Button with Credit Cards

Buy Vox Political books so we can continue
pointing out the hypocrisy of tax-avoiding business leaders.

Health Warning: Government! is now available
in either print or eBook format here:

HWG PrintHWG eBook

The first collection, Strong Words and Hard Times,
is still available in either print or eBook format here:

SWAHTprint SWAHTeBook