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Do you shop at M&S? Please could you stop?

(254 Posts)
trisher Fri 18-Mar-22 09:59:18

If you do, even if its just for food, please could you stop for a bit. M&S are one of the firms still active in Russia. So they are stil paying taxes there. A Ukranian minister said on QT last night that if you shop there you are providing money to buy bullets that might kill a Ukrainian child.

Dinahmo Sun 20-Mar-22 12:18:15

On the subject of alternative energy, apparently sufficient planning applications have already been granted to supply the UK with alternative energy so the govt could give the go ahead quickly if they were so minded. The only problem with that is that companies would need govt money so perhaps it's not such a good idea. Too many cronies would claim to be energy experts.

Dinahmo Sun 20-Mar-22 12:13:30

trisher

The links between HSBC who own M&S and FIBA who are also bankers and who aimed to be the third largest bank in Russia by 2021 are probably so well hidden even volver with her financial expertise wouldn't know about them. But the idea that bankers aren't involved that it is just a poor little British company and a little Turkish franchise should be vigorously questioned and examined. Because the bankers have been massively sanctioned they will no doubt need another way of keeping a foothold in Russia and FIBA could supply that. But first they have to stop the Russian shops closing and the economy folding.

Where do you get the idea from that HSBC own M & S from? I've just been searching and haven't found a reference to HSBC.

80% of the shares are owned by institutions. The 3 largest each own 7.5%, 7.5% and 6.4%. 16% of the shares are owned by private individuals, the largest being the Adderley Family, one of whom founded Dunelm.

Nobody on here has claimed that FIBA is a "little Turkish franchise". It really is no wonder that GNers are constantly disagreeing with you.

By the way - did you know that FIBA stands for the International Federation of Amateur Basketball?

GrannyGravy13 Sun 20-Mar-22 12:11:19

MaizieD

We should be rapidly learning to be less dependent on fossil fuels, GG13, not rushing to destroy the planet by releasing more.

So you didn’t read the last line of my post?

MaizieD Sun 20-Mar-22 12:09:07

We should be rapidly learning to be less dependent on fossil fuels, GG13, not rushing to destroy the planet by releasing more.

GrannyGravy13 Sun 20-Mar-22 11:53:18

MaizieD

^Whereas Germany still buying 40% of its gas and oil from Russia is not, it is Germany which financing this evil war machine.^

Would you be so highminded about this if it were the UK buying 40% of their gas and oil from Russia and the supply was suddenly cut off, GG13?

40% is rather a large chunk to abruptly terminate.

High minded ?

I would be extremely pissed off as to how my Country had become so reliant on what can only be described as a known hostile country

I am pissed off that our PM has had to go to Saudi to beg for oil.

In these circumstances I think we should be fracking and expanding the gas/oil fields in the North Sea whilst simultaneously working towards us being independent of others with our own sustainable energy.

volver Sun 20-Mar-22 11:52:03

I should say too, that in no way are FIBA a little Turkish franchise and anybody who thinks that's what's being said really doesn't get it.

volver Sun 20-Mar-22 11:50:31

Well, let's have a go at this.

First, I have very little financial knowledge but I know quite a bit about international partnerships, and co-incidentallly, banking businesses.

HSBC are the JV partner of M&S Bank, and have supported the M&S bank since 2012. However M&S have their own banking licence.

There are 4 major shareholders in M&S and none of them are HSBC.

Maybe HSBC have set up a secret company to have control over the nation's supply of knickers.

MaizieD Sun 20-Mar-22 11:49:56

^ But first they have to stop the Russian shops closing and the economy folding.^

Has it occurred to you, trisher that the plummeting rouble is doing that anyway?

MaizieD Sun 20-Mar-22 11:48:12

Whereas Germany still buying 40% of its gas and oil from Russia is not, it is Germany which financing this evil war machine.

Would you be so highminded about this if it were the UK buying 40% of their gas and oil from Russia and the supply was suddenly cut off, GG13?

40% is rather a large chunk to abruptly terminate.

trisher Sun 20-Mar-22 11:45:57

It would be very sad if someon lost thir job, but not quite as sad as a war going on and soldiers killing people

trisher Sun 20-Mar-22 11:44:20

Apologies GG13 as I said scrolling back is difficult.

trisher Sun 20-Mar-22 11:42:38

The links between HSBC who own M&S and FIBA who are also bankers and who aimed to be the third largest bank in Russia by 2021 are probably so well hidden even volver with her financial expertise wouldn't know about them. But the idea that bankers aren't involved that it is just a poor little British company and a little Turkish franchise should be vigorously questioned and examined. Because the bankers have been massively sanctioned they will no doubt need another way of keeping a foothold in Russia and FIBA could supply that. But first they have to stop the Russian shops closing and the economy folding.

GrannyGravy13 Sun 20-Mar-22 11:36:37

I think those of us who can see the whole picture are banging our heads against the proverbial brick wall

That was me trisher not volver

I will ask my question again, how would you feel if 1,000’s of folks lost their jobs as a consequence of a M & S boycott?

48 shops over both Ukraine and Russia is chicken feed to Mr.Putins war. Whereas Germany still buying 40% of its gas and oil from Russia is not, it is Germany which financing this evil war machine.

India has also got blood on its hands by brokering a deal with Russia to get Oil at a bargain price, and paying in rupees so that Russia has a credible currency to trade as opposed to the free falling rubel

volver Sun 20-Mar-22 11:31:27

Do you not trust GNers to make up their own minds and do their own research?

?

trisher Sun 20-Mar-22 11:29:23

Now apparently my financial position is compared to M&Ss sigh If only...

trisher Sun 20-Mar-22 11:28:05

It's very difficult to post the denigrating personal volver posts whenthey extend over so many pages and GN wipes things out if you scroll back, However

You're not really paying attention, are you trisher?
I think those of us who can see the whole picture are banging our heads against the proverbial brick wall…
Accuracy doesn't seem to be a huge feature in your assertions.

Which still leads to the huge question why on earth spend such a lot of time on something you believe is completely wrong. Do you not trust GNers to make up their own minds and do their own research?

Dinahmo Sun 20-Mar-22 11:27:02

trisher

volver

Did you read my post yesterday that explained how BK's trading arrangements Russia have been fundamentally different than M&S's?

I also explained how any future income M&S might be entitled to, (even if they take that remuneration, which I think is unlikely) will probably be sacrificed in their donations to Ukraine?

Any comment on the M&S sponsorship of the Concert for Ukraine?

Yes what I fail to understand is why you feel the need to constantly come onto this thread and try to denigrate me personally. By all means take no notice of the requests of the Ukranian MPs but your constant posting on something you have no intention of being involved in just makes me wonder why you are so against this action.
Let's not forget for M&S that all donations and support are of course tax deductible.

(a) It's because you persist in not accepting the information given on this thread about the way in which franchises work

(b) Surely you are aware that donations made under the Gift Aid umbrella are also tax deductible, although in a slightly different way. Supposing you wanted to donate £25 to a charity, under Gift Aid you would only pay £20 and the rest would come out of taxes. So not much different to M & S claiming tax relief.

volver Sun 20-Mar-22 11:24:08

trisher

volver

Thank you Iam64

I would have thought saying I didn't care whether Ukrainian children died was about as close to personal denigration as you could get. But maybe I'm just sensitive that way.

What I actually said.
By all means disbelieve her because it would interfere with your life in some way and you have shares in M&S or some other reason. But allow that a woman from a war torn country has suggested you do one small thing and if you refuse, for whatever reason, and that war is not brought to swift conclusion because the economy of the agressor country collapses, then perhaps you have helped kill children and if you can live with that that's fine.

I do wonder volver why you feel the need to make out it is me who said about Ukranian children being killed and not the Ukranian MP do you feel it somehow lessens any guilt you feel?

Direct quote from Friday afternoon, from Trisher's post.

By all means disbelieve her because it would interfere with your life in some way and you have shares in M&S or some other reason. But allow that a woman from a war torn country has suggested you do one small thing and if you refuse, for whatever reason, and that war is not brought to swift conclusion because the economy of the aggressor country collapses, then perhaps you have helped kill children and if you can live with that that's fine.

Dinahmo Sun 20-Mar-22 11:19:50

Hetty58

Dinahmo, no - just enabling their franchises to continue trading - by hiding behind 'legal issues'. I smell a rat.

Apologies but I don't understand your point. I was trying to explain that the companies used by M & S will have their own sources for the basic ingredients. How is that enabling their franchises to continue trading?

trisher Sun 20-Mar-22 11:19:40

volver

Thank you Iam64

I would have thought saying I didn't care whether Ukrainian children died was about as close to personal denigration as you could get. But maybe I'm just sensitive that way.

What I actually said.
By all means disbelieve her because it would interfere with your life in some way and you have shares in M&S or some other reason. But allow that a woman from a war torn country has suggested you do one small thing and if you refuse, for whatever reason, and that war is not brought to swift conclusion because the economy of the agressor country collapses, then perhaps you have helped kill children and if you can live with that that's fine.

I do wonder volver why you feel the need to make out it is me who said about Ukranian children being killed and not the Ukranian MP do you feel it somehow lessens any guilt you feel?

Aveline Sun 20-Mar-22 11:17:51

? volver.

maddyone Sun 20-Mar-22 10:37:51

To say anyone doesn’t care if Ukrainian children die is a horrible thing to say to anyone. It’s really not acceptable. You could have had it removed volver but it’s probably better to let it stand so others can see what has been said.

volver Sun 20-Mar-22 10:27:03

Thank you Iam64

I would have thought saying I didn't care whether Ukrainian children died was about as close to personal denigration as you could get. But maybe I'm just sensitive that way.

Iam64 Sun 20-Mar-22 10:24:07

Mollygo, it appears the gremlins have magically left fro my iPad to your device.

I’m concerned that ‘personal denigration’ is being suggested. I’ve not seen that. I noticed strong exchanges between trisher and volver but no personal denigration.

Mollygo Sun 20-Mar-22 10:18:01

I have no idea why all that arrived. Just read the last paragraph.