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 Post subject: BP Profits
PostPosted: Tue Apr 30, 2013 12:16 
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ugvm'er at heart...

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http://www.telegraph.co.uk/finance/news ... tions.html

BP only just squeeked out a £10bn profit in the first quarter of this year. It must be a terrible time for them at the moment, with the cost of oil rising so high and taxes at the pumps taking their toll on their profit margin. It's a wonder how they manage to survive by only increasing the costs at the pump by 5p a litre so far this year.


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 Post subject: Re: BP Profits
PostPosted: Tue Apr 30, 2013 13:05 
SupaMod
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I completely disagree with the fact that profit should be capped for any company, no matter what it is they provide. They made lots of money - well, good on them. If you don't like the 5p price increase, shop somewhere else.

If your complaint is that they set the prices for everywhere else or that there's no-one else to shop from then that (in my head) is a price-fixing / monopoly issue, and should be dealt with as such.

Telling companies that making a profit is "immoral" just because a large percentage of the population buy their products seems all manner of wrong to me.

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 Post subject: Re: BP Profits
PostPosted: Tue Apr 30, 2013 13:13 
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Chinny chin chin

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Grim... wrote:
I completely disagree with the fact that profit should be capped for any company, no matter what it is they provide. They made lots of money - well, good on them. If you don't like the 5p price increase, shop somewhere else.


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 Post subject: Re: BP Profits
PostPosted: Tue Apr 30, 2013 13:24 
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Grim... wrote:
Telling companies that making a profit is "immoral" just because a large percentage of the population buy their products seems all manner of wrong to me.

I'd argue that cutting jobs because your profits are down (yet still perfectly healthy) is immoral, though.


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 Post subject: Re: BP Profits
PostPosted: Tue Apr 30, 2013 13:28 
Filthy Junkie Bitch

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GazChap wrote:
Grim... wrote:
Telling companies that making a profit is "immoral" just because a large percentage of the population buy their products seems all manner of wrong to me.

I'd argue that cutting jobs because your profits are down (yet still perfectly healthy) is immoral, though.

Bullshit. You cut jobs that are no longer required or relevant to your operation. If you don't, you find yourself with no profits, and you go bust. More people then lose their jobs.

Perhaps I should be criticised for cutting my mobile phone tariff last month despite getting a payrise.


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 Post subject: Re: BP Profits
PostPosted: Tue Apr 30, 2013 13:28 
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I'd argue that you can cut jobs for whatever reason you feel like.

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 Post subject: Re: BP Profits
PostPosted: Tue Apr 30, 2013 13:37 
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Cras wrote:
I'd argue that you can cut jobs for whatever reason you feel like.


I'd go further, and argue that you can just criticise APOD for whatever reason you feel like.

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 Post subject: Re: BP Profits
PostPosted: Tue Apr 30, 2013 13:42 
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ApplePieOfDestiny wrote:
GazChap wrote:
Grim... wrote:
Telling companies that making a profit is "immoral" just because a large percentage of the population buy their products seems all manner of wrong to me.

I'd argue that cutting jobs because your profits are down (yet still perfectly healthy) is immoral, though.

Bullshit. You cut jobs that are no longer required or relevant to your operation. If you don't, you find yourself with no profits, and you go bust. More people then lose their jobs.

£879m is still plenty of profit though, and a 7% decrease (which is also the first decrease in profits they've recorded, as far as I'm aware) could just be a blip, just seems a bit off to put nearly 700 people out of work, and they'll most likely be staff that are paid the lowest amounts so more than likely won't make *that* much of a difference to their bottom line.

If they'd got off their arses years ago and jumped on the "online shopping" bandwagon that ASDA and Tesco did, their profits may not have slumped.

I'm just not cut-throat enough to be a business man, I suppose :P


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 Post subject: Re: BP Profits
PostPosted: Tue Apr 30, 2013 13:48 
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Your problem is that you think the word 'plenty' exists within the concept of capitalism.

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 Post subject: Re: BP Profits
PostPosted: Tue Apr 30, 2013 13:49 
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Gogmagog

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Those sort of cuts tend to be back office, and re-imagining roles. For example, removing one role, and slpitting that work over 5 others. it won't affect the shelf stackers so much as you know that it takes one person 8 hous to stack 15 shelves, whjereas office workers are sending each other pictures of cats for £10kpa more.

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 Post subject: Re: BP Profits
PostPosted: Tue Apr 30, 2013 14:08 
Filthy Junkie Bitch

Joined: 17th Dec, 2008
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I love the idea of a Gazchap run morrisons where they retain staff even if the role they perform is no longer relevant because they already make enough money. You wouldn't be able to move for men opening the automatic doors, porters carrying your shopping, people with priceguns and men lifting the items off the shelf to place on a counter for you. Still, there'd be a Milliners, which is nice, as I've never managed to find a decent hat in Petts Wood.


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 Post subject: Re: BP Profits
PostPosted: Tue Apr 30, 2013 14:12 
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ApplePieOfDestiny wrote:
porters carrying your shopping

To be fair, I'd pay an additional fee on my weekly bill for that service. At the moment, I have to persuade MissChap to do it.


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 Post subject: Re: BP Profits
PostPosted: Tue Apr 30, 2013 15:14 
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ugvm'er at heart...

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Grim... wrote:
If your complaint is that they set the prices for everywhere else or that there's no-one else to shop from then that (in my head) is a price-fixing / monopoly issue, and should be dealt with as such.


This was more my point, but the main issue I have is the "woe is us" stance the oil companies take and the complaint that it isn't their fault the prices are high.

It's a price fixing industry for something that isn't a luxury item.

Basically, I'm annoyed because I want cheaper petrol :D


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 Post subject: Re: BP Profits
PostPosted: Tue Apr 30, 2013 15:32 
SupaMod
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GazChap wrote:
ApplePieOfDestiny wrote:
porters carrying your shopping

To be fair, I'd pay an additional fee on my weekly bill for that service. At the moment, I have to persuade MissChap to do it.

I'm pretty sure one of the big supermarkets will take your stuff to your car for you.

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 Post subject: Re: BP Profits
PostPosted: Wed May 01, 2013 4:29 
Trooper wrote:
Grim... wrote:
If your complaint is that they set the prices for everywhere else or that there's no-one else to shop from then that (in my head) is a price-fixing / monopoly issue, and should be dealt with as such.


This was more my point, but the main issue I have is the "woe is us" stance the oil companies take and the complaint that it isn't their fault the prices are high.

It's a price fixing industry for something that isn't a luxury item.

Basically, I'm annoyed because I want cheaper petrol :D

Come to Australia then. It's a little bit less than £1 a litre.


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 Post subject: Re: BP Profits
PostPosted: Wed May 01, 2013 23:31 
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Can you dig it?

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nickachu wrote:
Come to Australia then. It's a little bit less than £1 a litre.


Going up in price quite quickly though, especially in the rural areas (I understand the transport across a big country like this is probably pretty expensive, but even so >:( ).

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 Post subject: Re: BP Profits
PostPosted: Wed May 01, 2013 23:48 
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nickachu wrote:
Trooper wrote:
Grim... wrote:
If your complaint is that they set the prices for everywhere else or that there's no-one else to shop from then that (in my head) is a price-fixing / monopoly issue, and should be dealt with as such.


This was more my point, but the main issue I have is the "woe is us" stance the oil companies take and the complaint that it isn't their fault the prices are high.

It's a price fixing industry for something that isn't a luxury item.

Basically, I'm annoyed because I want cheaper petrol :D

Come to Australia then. It's a little bit less than £1 a litre.

On yer bike!

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 Post subject: Re: BP Profits
PostPosted: Wed May 01, 2013 23:48 
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How much are puncture repair kits?

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 Post subject: Re: BP Profits
PostPosted: Wed May 01, 2013 23:50 
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Zardoz wrote:
How much are puncture repair kits?


Mrs Zardoz deflated again?


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 Post subject: Re: BP Profits
PostPosted: Thu May 02, 2013 1:46 
Sir Taxalot wrote:
nickachu wrote:
Come to Australia then. It's a little bit less than £1 a litre.


Going up in price quite quickly though, especially in the rural areas (I understand the transport across a big country like this is probably pretty expensive, but even so >:( ).


Yeah the cheapest we found driving the east coast was $1.29 in sydney, and the most expensive was $1.59 somwhere in northern QLD. I think it's more expensive in more remote places as there's no-where else to fill up. Cost us $120 in fuel from brisbane to cairns I think, which wasn't too bad for 1700km.


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