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Telegraph Bosses List Of Shame

Wednesday, April 1, 2015

Bosses Linked To Tax Dodging, Blacklisting, Zero Hours Contracts, Job Losses, Pubcos And Tory Donors Are Signatories To Telegraph Letter

List of shame shows that voters have a stark choice - a party governing in the interest of corporate bosses and tax breaks for the wealthy or a party seeking to provide rights and protection for working people says GMB

GMB has identified bosses, among the 103 that signed the letter to the Daily Telegraph today (1st April 2015) asking voters to support the Tory Party, from companies with links to tax dodging, blacklisting, zero hours contracts, pubcos, potential job losses and collapse of Southern Cross care homes and well as known Tory donors. The details are set out below. See notes to editors for full list of all 103 signatories.

Paul Kenny, GMB General Secretary, said “The 103 company bosses talking about what is good for them include:

·    The boss of one company named in the Lux leaks tax dodging scandal;

·    The bosses of two blacklisting companies;

·    The bosses of at least two companies linked to workers on zero hours;

·    The bosses of five pubco companies accused of ripping off pub customers;

·    The boss of one company where there are potential redundancies;

·    a landlord of care homes run by Southern Cross which collapsed in 2011;

·    30 known Tory donors giving the impression they are not partisans.

This list of shame shows that voters are faced with a stark choice - a party governing in the interest of corporate bosses with zero hours contracts and for tax breaks for the wealthy elite or a party seeking to provide rights and protection for working people."

The list of shame is as follows:

Boss of one Lux leaks tax dodging company:

Tidjane Thiam

CEO, Prudential Plc

 Prudential Plc

Prudential had files released in December 2009, advised by PwC on project ‘Lindsell Malta Investments’.

Hyde Dollco, S.a.r.l. currently owned by Hyde Holdco 3 Ltd, a company that is part of the Prudential PLC Group. It holds Class B1 shares for approximately USD 1,065m and Class B2 shares for USD 15,000 in Lindsell Malta Investment Ltd, a company resident in Malta. The shares held in the Maltese company have been financed by a loan granted by Prudential (Gibralter two) S.a.r.l for approximately USD 1,167m. Hyde Dollco is part of two Forward Sale Agreements concluded with Deutsche Bank Group under which it agreed to sell to Deutsche Bank its Class B1 and B2 shares in the Maltese company for USD 1,106m.

Hyde Dollco will use the proceeds, together with other funds, to grant loans for USD 2,3m and USD 1,162m to Prudential (Gibralter two) S.a.r.l and Prudential Capital Holding Company Ltd for 6 months.

In July 2009 Prudential were involved with Project Phoebus Malaysian restructuring, and investment involving £130m of investment.

Two blacklisting company bosses:

Philip Green CBE

Chairman, Carillion

 Carillion

John Morgan

CEO, Morgan Sindall

 Morgan Sindall

Blacklisting in the construction industry came to light when in 2009 the ICO seized The Consulting Association (TCA) database of 3,213 construction workers and environmental activists used by 44 companies to vet new recruits and keep out of employment trade union and health and safety activists. TCA was run by Ian Kerr based in Worcestershire.

Carillion, and associated companies, have been described by Sir Robert McAlpine Ltd as ‘heavy users of the Consulting Association in terms of the amount of information provided by the Carillion Third Parties on workers. Further, the number of occasions on which the Carillion Third Parties are recorded as refusing employment to workers is particularly high compared to other members of the Consulting Association.

In new evidence to the Scottish Affairs Select Committee Inquiry on blacklisting Liz Keats from Carillion received a private and confidential letter on TCA headed paper from Ian Kerr dated 22nd February 2005 on plans to extend blacklisting into the NHS.

Morgan Est and Morgan Ashurst who merged in 2010 to form Morgan Sindall are companies known to have used The Consulting Association blacklist.

There will be a hearing in the High Court in London on 14th May seeking compensation for 122 GMB members blacklisted by Carillion and other construction employers. The claims were served on 27th November 2013. GMB’s claims were joined with a further 449 claims by other unions and parties at a High Court Hearing in July 2014.

At least two zero hours bosses:

Andrew Coppel CBE

CEO, De Vere

 De Vere

Nick Robertson OBE

Founder and CEO, Asos

 Asos

GMB has members who work in the kitchens at Staverton Park Hotel near Daventry, that is owned by the De Vere Group, GMB had to fight for permanent hours contracts for some of them who were on zero hour contracts for nearly four years. There are always issues with bullying and harassment. There are two grievances at present..That's why Andrew Coppel wants to keep a Tory government in power, to keep workers down!

ASOS the online clothing and logistics company is based in Barnsley. GMB has had constant issues with health and safety eg hot working conditions, access to water etc. There is a huge turnover of agency staff, zero hours contracts where workers can be sent home or called in when not on shift. They are against workers having rights and are just a really bad employer.

Five Pubco bosses:

Rooney Anande

CEO, Greene King

 Greene King

Ralph Findlay

CEO, Marstons

 Marstons

Jonathan Neame

CEO, Shepherd Neame

 Shepherd Neame

Simon Townsend

CEO, Enterprise Inns

 Enterprise Inns

Michael Turner

Non-Executive Chairman, Fuller, Smith & Turner

 Fuller

GMB and others campaigned for many years for Parliament to legislate to free tied pubs tenants from the grip of these pubcos bosses. The new law introducing a free market for drinks finally received Royal Assent last month after a backbench Tory revolt.

The property companies own over half of Britain’s pubs. They charge sky high rents to tied tenants of these pubs to pay interest on massive financially engineered debts. These debts are held mainly by bondholders in offshore tax havens.

Interest payments on these huge debts have to be paid each week before the tenant pours a pint and regardless of whether s/he can make ends meet or not.

To pay these sky high rents a pint of lager is on average 80p per pint higher and ale is 65p per pint higher than justified by inflation and like for like changes in taxes since 1987. This is pricing pubs out of the market and they have closed in droves.

In 2009 an Office for Fair Trade report concluded that the average tied lessee is being overcharged by pubcos by around £12,000 per annum or £230 per pub per week, after higher “wet rents” and lower “dry rents” are factored into the equation.

Potential job losses boss:

Sir Charles Dunstone

Chairman, Dixons Carphone and Talk Talk plc

 Dixons Carphone and Talk Talk plc

GMB is dealing with members at Carphone Warehouse in Wednesbury in West Midlands. There is a potential closure of the whole repair centre site with some staff being relocated to a Dixons site in Nottingham, others will face redundancy.

Landlord of former Southern Cross care homes:

Nick Leslau

Chairman, Prestbury Investments

 Prestbury Investments

One of the landlords of the care homes run by Southern Cross which collapsed in 2011 putting 30,000 elderly and vulnerable residents at risk of being put out of their homes.

30 known Tory donors:

DFS

Alex Baldock Shop Direct

Lord Bamford JCB

Cobra Beer

Zameer Choudrey Bestway

Neil Clifford

Ron Denis

Towergate

Sir Charles Dunstone

John Elliot

Julian Granville

Bloomberg

Westfield

Aidan Heavey

Oliver Hemsley

GCH Capital

Sir George Iacobescu Canary Wharf

Travelex

Nick Jenkins

Nick Leslau

Sir Cameron Mackintosh

Tony Pidgley CBE

Sir Nigel Rudd

Fuller, Smith & Turner

Ernst and Young

Veetee Rice

Paul Walsh

Wates

The Hon. Charles Wigoder

Caledonia Investments

End

Contact: Kamaljeet Jandu, GMB National Equality and Diversity Officer on 07956 237178 or Lisa Johnson 07900392 228 or Martin Smith, GMB National Organiser on 07974 251722 or GMB Press Office 07921 28988.

Notes to editors

Full list of signatories to Telegraph

Rooney Anande

CEO, Greene King

 Greene King

Surinder Arora

MD, Arora International

 Arora International

John Ayton MBE

Founder, Bremont Watches

 Bremont Watches

Richard Baker

Chairman, DFS

 DFS

Alex Baldock

CEO, Shop Direct

 Shop Direct

Lord Bamford

Chairman, JCB

 JCB

Duncan Bannatyne

Founder, Bannatyne Group

 Bannatyne Group

Robert Bensoussan

CEO, LK Bennett

 LK Bennett

Lord Bilimoria CBE

Chairman and Founder, Cobra Beer

 Cobra Beer

Charlie Bradshaw

MD, Matrix APA

 Matrix APA

Baroness Brady

Vice chairman, West Ham United

 West Ham United

Graham Chipchase

CEO, Rexam

 Rexam

Zameer Choudrey

CEO, Bestway

 Bestway

Neil Clifford

CEO, Kurt Geiger

 Kurt Geiger

Steven Cohen

CEO, Blue Inc

 Blue Inc

Glenn Cooper

MD, ATG Access

 ATG Access

Andrew Coppel CBE

CEO, De Vere

 De Vere

Gerald Corbett

Chairman, Britvic

 Britvic

Peter Cullum CBE

Founder and Deputy Chairman, Towergate

 Towergate

Ron Dennis CBE

Chairman, McLaren Technology Group

 McLaren Technology Group

Julietta Dexter

Owner, Communications Store

 Communications Store

Annoushka Ducas MBE

Founder, Annoushka Jewellery

 Annoushka Jewellery

Bob Dudley

CEO, BP Plc

 BP Plc

Sir Charles Dunstone

Chairman, Dixons Carphone and Talk Talk plc

 Dixons Carphone and Talk Talk plc

John Elliot

Chairman, Ebac

 Ebac

Mark Esiri

Director, notinthehighstreet.com

 notinthehighstreet.com

Ralph Findlay

CEO, Marstons

 Marstons

Richard Glenn

CEO, Ladbrokes

 Ladbrokes

Ben Gordon

Chairman, Powerleague

 Powerleague

Julian Granville

MD, Boden

 Boden

Peter Grauer

Chairman, Bloomberg

 Bloomberg

Philip Green CBE

Chairman, Carillion

 Carillion

Michael Gutman OBE

President and COO, Westfield

 Westfield

Wendy Hallet MBE

MD and Founder, Hallet Retail

 Hallet Retail

Jenny Halpern Prince

Founder, Halpern

 Halpern

Andy Harrison

CEO, Whitbread

 Whitbread

Aidan Heavey

CEO, Tullow Oil

 Tullow Oil

Oliver Hemsley

Founder and CEO, Numis

 Numis

Joe Henderson

Founder and CEO, Henderson

 Henderson

Vernon Hill

Founder and Chairman, Metro Bank

 Metro Bank

Anya Hindmarch

Chairman, Anya Hindmarch

 Anya Hindmarch

Brent Hoberman

Founder, mydeco.com, co-founder of lastminute.com

 mydeco.com

Cassie Hutchings

CEO, GCH Capital

 GCH Capital

Sir George Iacobescu

Chairman and CEO, Canary Wharf

 Canary Wharf

Alan Jackson

Chairman, The Restaurant Group

 The Restaurant Group

Peter Jackson

Former CEO, Travelex

 Travelex

Nick Jenkins

Founder, Moonpig.com

 Moonpig.com

Luke Johnson

Chairman, Risk Capital

 Risk Capital

Neil Johnson OBE

Chairman, E2V

 E2V

Ben Latham Jones

Head of Ealing Studios

Ealing Studios

Richard Joseph

Co-founder, Joseph Joseph

 Joseph Joseph

Ray Kelvin

Founder and CEO, Ted Baker

 Ted Baker

Nadir Lalani

Founder and CEO, 99p Stores

 99p Stores

Nick Leslau

Chairman, Prestbury Investments

 Prestbury Investments

Rhydian Lewis

CEO, Ratesetter

 Ratesetter

James Lipscombe

MD and Owner, The Chesterford

 The Chesterford

Derek Lovelock

Chairman, Mamas and Papas

 Mamas and Papas

Sir Cameron Mackintosh

Founder, Cameron Mackintosh

 Cameron Mackintosh

Ron Mackintosh

Chairman, CSR

 CSR

Edward Mellors

Director, Mellors

 Mellors

Tom Molnar

CEO, Bread

 Bread

John Morgan

CEO, Morgan Sindall

 Morgan Sindall

Matt Moulding

CEO, The Hut Group

 The Hut Group

Stephen Murphy

Chairman, Wyevale Garden Centres

 Wyevale Garden Centres

Jonathan Neame

CEO, Shepherd Neame

 Shepherd Neame

John Neil

Chairman and CEO, Unipart

 Unipart

Nick Newbury

CEO, Original Travel

 Original Travel

Jonathan Newhouse

Chairman and CEO, Conde Nast International

 Conde Nast International

Richard Nichols

CEO, Instinctif Partners

 Instinctif Partners

Mike Norris

CEO, Computacenter

 Computacenter

Tim Oliver

Chairman, Hampden Holdings

 Hampden Holdings

Sir Dick Oliver

Former Chairman, BAE Systems

 BAE Systems

Alan Parker

Chairman, Mothercare

 Mothercare

Tony Pidgley CBE

Chairman, Berkeley Group

 Berkeley Group

Thembalath Ramachandran

CEO and MD, Bristol Laboratories

 Bristol Laboratories

Nick Robertson OBE

Founder and CEO, Asos

 Asos

Sir Stuart Rose

Chairman, Ocado

 Ocado

Richard Rose

Executive Chairman, Crawshaws

 Crawshaws

Chrissie Rucker

Founder, The White Company

 The White Company

Sir Nigel Rudd

Chairman designate, Meggitt

 Meggitt

Rakesh Sharma

CEO, Ultra Electronics

 Ultra Electronics

Baroness Joanna Shields

Chairman, Tech City

 Tech City

Jasminder Singh OBE

Chairman and CEO, Edwardian Group

 Edwardian Group

Rob Templeman

Chairman, RAC

 RAC

Tidjane Thiam

CEO, Prudential Plc

 Prudential Plc

Sarah Thomson

Founder and CEO, Addictive Points

 Addictive Points

Simon Townsend

CEO, Enterprise Inns

 Enterprise Inns

Michael Turner

Non-Executive Chairman, Fuller, Smith & Turner

 Fuller

Steve Varley

Chairman, Ernst and Young

 Ernst and Young

Moni Varma

MD and Chairman, Veetee Rice

 Veetee Rice

Matthew Vaughn

Owner, Marv Films

 Marv Films

Ollie Vigors

MD, Longshot Kids

 Longshot Kids

Robert Walker

Chairman, Travis Perkins

 Travis Perkins

Malcolm Walker

Founder, Iceland

 Iceland

Paul Walsh

Chairman, Compass Group

 Compass Group

James Wates

Chairman, Wates

 Wates

George Weston

CEO, Associated British Foods

 Associated British Foods

Mike Wheeler

MD, Auto Styling

 Auto Styling

Nick Wheeler

Founder, Charles Tyrwhitt

 Charles Tyrwhitt

The Hon. Charles Wigoder

Executive Chairman, Telecom Plus

 Telecom Plus

Paul Wilkinson

Chairman, Thorntons

 Thorntons

Will Wyatt

CEO, Caledonia Investments

 Caledonia Investments

Sir Hossein Yassaie

CEO, Imagination Technologies

 Imagination Technologies

 

 

 

 

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