Starbucks ends paid lunch breaks & sick leave.

[Resident]

Strange that, opening 750 stores in UK, despite Starbucks claims not to be making a profit in the UK!

 

It's quite amazing how they're able to claim that they make no profit in the UK, yet Costa, their direct rival, posted a 5.5% increase in their profit margin for 2011-2012

[poppet2]

They are making massive profit but not paying tax to UK government as the company is registered aboard

 

They are therefore not paying corporation tax.

Answer, make them pay tax on their profits.

10p wholesale per cup of coffee v £3.00 retail to the customer.

Oh, and minimum wages to their staff getting no pay for their miserly 30 minute lunch break.

[WeX]

Doesn't the Guardian do much the same thing?

[Fivetide]

Why not legislate that any corporation operating in the UK must put 25% of its shares to one side, to be held in trust on behalf of the rest of society? They can only make profits by taking advantage of the system our taxes pay for, and this way not only would the we be guaranteed a share in the post-tax-avoidance profts, we'd also have voting rights (via the democratically elected governemnt) at shareholder meetings and be able to hold them to account more effectively.

 

Re-part-nationalise comrades!

[Green Web]

Why not legislate that any corporation operating in the UK must put 25% of its shares to one side, to be held in trust on behalf of the rest of society? They can only make profits by taking advantage of the system our taxes pay for, and this way not only would the we be guaranteed a share in the post-tax-avoidance profts, we'd also have voting rights (via the democratically elected governemnt) at shareholder meetings and be able to hold them to account more effectively.

 

Re-part-nationalise comrades!

 

Too bureacratic may as well keep things as they are, and given that any big company with shareholders needs to get maximum return, which ones can ever be ethical?

[alwaysright1]

Its not just Starbuck, Amazon does the same, my best friend done it as he move to island of man, his company still here, why pick on poor sstarbuck when plumbers, electrician , builders all avoid paying tax

[iansheff]

That's not quite the whole story as I understand it.

 

 

 

The coffee giant Starbucks has revealed it will open its first franchise stores in the UK later this year, following one of its best December trading periods.

 

Starbucks UK also revealed that it will invest £8m in refurbishing an additional 70 London stores ahead of this summer's Olympic Games, including six more high-profile renovations at shops in the capital's West End and City.

 

Kris Engskov, the managing director of Starbucks UK and Ireland, described the decision as "significant", as it would enable the coffee chain to open up stores in small towns where a franchisee would be able to contribute their local knowledge.

 

Starbucks said last month it plans to open 300 outlets over the next five years, of which a third will come from its licence agreement with the petrol forecourt retailer Euro Garages.

 

Mr Engskov said Starbucks UK was talking to potential franchisees and hoped to have the first such store open before the end of this year.

 

But he stressed that the franchise model would remain a small part of its overall business, with the majority of its stores continuing to be company-owned.

 

"I think it is strategically significant. This is by far the most competitive espresso market in the world – more than the US – particularly in London.

 

"So you have to be open to exploring every lever."

 

Starbucks, which has nearly 750 stores throughout the country, does not provide UK sales figures. But Mr Engskov said that, following 10 quarters of sales growth, the UK and Ireland enjoyed some of its "busiest trading ever in December".

http://www.independent.co.uk/life-style/food-and-drink/news/buoyant-starbucks-gets-set-to-open-franchise-stores-in-uk-6295472.html

 

On Question time a few weeks ago someone asked a question about the tax issue and a member of the audience said he ran a Starbucks and it was a franchise. He said we pay our tax and we pay to Starbucks and it doesn't leave much money when everything is paid out.

[denlin]

They are making massive profit but not paying tax to UK government as the company is registered aboard

 

Which ship would that be? :hihi: BTW they were lucky they were paid for lunch breaks anyway. I have never known, and I've had few jobs over last 46 years, any employer pay for lunch breaks. Morning/afternoon ones yes but not lunch.

[caparo]

They are strangely busier than ever in the three local to me. Go figure !!

 

Reportersnnnnnn

 

---------- Post added 08-12-2012 at 16:22 ----------

 

Why not legislate that any corporation operating in the UK must put 25% of its shares to one side, to be held in trust on behalf of the rest of society? They can only make profits by taking advantage of the system our taxes pay for, and this way not only would the we be guaranteed a share in the post-tax-avoidance profts, we'd also have voting rights (via the democratically elected governemnt) at shareholder meetings and be able to hold them to account more effectively.

 

Re-part-nationalise comrades!

 

Great idea apart from one tiny detail. Won't they simply manufacture their vacuum cleaners/motor cars, aeroplanes etc somewhere else? A tiny detail I know.

[mikem8634]

On Question time a few weeks ago someone asked a question about the tax issue and a member of the audience said he ran a Starbucks and it was a franchise. He said we pay our tax and we pay to Starbucks and it doesn't leave much money when everything is paid out.

 

Yep, saw that. It is a shame the franchise owners are negatively impacted by the parent companies policies. Even though they only represent a small part of the business I wonder if they can form some kind of lobby to push for change internally.