Southampton landmark Skandia House up for sale for £30m

City landmark up for sale for £30m

Skandia House

Skandia House

First published in Southampton Daily Echo: Photograph of the Author by , Politics and business reporter

ONE of Southampton’s most iconic office buildings has been put up for sale for nearly £30m.

The freehold of Skandia House, the landmark purpose-built headquarters for the financial services giant, has been put on the market for £28.5m by its pension fund owner Legal & General.

The move comes after Skandia Life business Services, which leases the building for Skandia’s UK headquarters, signed an extension to its tenancy.

It will give the buyer a £2m annual rent, or £19 per square foot, for at least the next 15 years.

The sale of the seven-storey offices will be a key test of investor appetite for top class offices outside London.

Legal & General bought Skandia House in October 2009 at the height of the downturn for £21.3m.

Property agents Jones Lang Lasalle hailed it as “one of Southampton’s finest office buildings”.

The offices were completed in 1990 and substantially refurbished during the last five years.

The sale for the 108,857 square feet Grade A office block would be the largest office deal in the city since the city council bought its new six-storey Guildhall Square offices for £25m in April 2010.

Pall Europe paid around £20m for Raymarine’s 110,680 square feet Marine House in Portsmouth in April last year.

Skandia last year confirmed it was laying off 86 staff at its city headquarters, around one in 20 of its workforce, as part of a restructuring drive. More of its Business is conducted online requiring fewer workers. It followed the announcement of 150 job losses in a cost-cutting programme in 2010. It now employs around 1,500 workers in Southampton.

Skandia UK is part of the wealth management business of South African financial giant Old Mutual plc.

Comments (28)

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8:50am Thu 23 Feb 12

The Salv says...

Southamptons most iconic building... I think not!
Southamptons most iconic building... I think not! The Salv
  • Score: 0

9:27am Thu 23 Feb 12

Stillness says...

One day the building will make very nice flats. Titter ye not.
One day the building will make very nice flats. Titter ye not. Stillness
  • Score: 0

9:51am Thu 23 Feb 12

lightsouth says...

Where will skandia go?
Where will skandia go? lightsouth
  • Score: 0

10:01am Thu 23 Feb 12

Stillness says...

lightsouth wrote:
Where will skandia go?
Nowhere. It says they have renewed the lease.
[quote][p][bold]lightsouth[/bold] wrote: Where will skandia go?[/p][/quote]Nowhere. It says they have renewed the lease. Stillness
  • Score: 0

11:06am Thu 23 Feb 12

peenut81 says...

hahahaha
''October 2009 at the height of the downturn''.

The depression is barely halfway through yet, i do wish the media were not so complicit in accepting the nonsense from govt, and certain parts of commerce and industry. When Brown bailed out the banks, he merely delayed the inevitable. The West's economic model is unsustainable and as banks step up their speculative attacks on individual countries the Euro crisis will derail any hope of recovery here. There can be no growth in an advanced developed nation without 3 things. 1, Exclusive access to an outstanding technological advance, 2, Further imperialism (theft) in poorer nations(Iraq, Libya, Syria, Yemen...Iran), or 3, the masses accept their living standards retreat 50years, no pensions, NHS or benefits. There is one alternative, maybe if we stopped allowing banks to create money instead of governments?
hahahaha ''October 2009 at the height of the downturn''. The depression is barely halfway through yet, i do wish the media were not so complicit in accepting the nonsense from govt, and certain parts of commerce and industry. When Brown bailed out the banks, he merely delayed the inevitable. The West's economic model is unsustainable and as banks step up their speculative attacks on individual countries the Euro crisis will derail any hope of recovery here. There can be no growth in an advanced developed nation without 3 things. 1, Exclusive access to an outstanding technological advance, 2, Further imperialism (theft) in poorer nations(Iraq, Libya, Syria, Yemen...Iran), or 3, the masses accept their living standards retreat 50years, no pensions, NHS or benefits. There is one alternative, maybe if we stopped allowing banks to create money instead of governments? peenut81
  • Score: 0

11:28am Thu 23 Feb 12

The Salv says...

Skandia are also in the same road as the Mayflower.
Skandia are also in the same road as the Mayflower. The Salv
  • Score: 0

11:28am Thu 23 Feb 12

Stillness says...

peenut81 wrote:
hahahaha
''October 2009 at the height of the downturn''.

The depression is barely halfway through yet, i do wish the media were not so complicit in accepting the nonsense from govt, and certain parts of commerce and industry. When Brown bailed out the banks, he merely delayed the inevitable. The West's economic model is unsustainable and as banks step up their speculative attacks on individual countries the Euro crisis will derail any hope of recovery here. There can be no growth in an advanced developed nation without 3 things. 1, Exclusive access to an outstanding technological advance, 2, Further imperialism (theft) in poorer nations(Iraq, Libya, Syria, Yemen...Iran), or 3, the masses accept their living standards retreat 50years, no pensions, NHS or benefits. There is one alternative, maybe if we stopped allowing banks to create money instead of governments?
Spot on peenut. I think of your three alternatives I quite fancy going back 50 years. It will only be those living now that find it hard. As many people managed to be happy 50 years ago as they do now, at least as many.
[quote][p][bold]peenut81[/bold] wrote: hahahaha ''October 2009 at the height of the downturn''. The depression is barely halfway through yet, i do wish the media were not so complicit in accepting the nonsense from govt, and certain parts of commerce and industry. When Brown bailed out the banks, he merely delayed the inevitable. The West's economic model is unsustainable and as banks step up their speculative attacks on individual countries the Euro crisis will derail any hope of recovery here. There can be no growth in an advanced developed nation without 3 things. 1, Exclusive access to an outstanding technological advance, 2, Further imperialism (theft) in poorer nations(Iraq, Libya, Syria, Yemen...Iran), or 3, the masses accept their living standards retreat 50years, no pensions, NHS or benefits. There is one alternative, maybe if we stopped allowing banks to create money instead of governments?[/p][/quote]Spot on peenut. I think of your three alternatives I quite fancy going back 50 years. It will only be those living now that find it hard. As many people managed to be happy 50 years ago as they do now, at least as many. Stillness
  • Score: 0

11:38am Thu 23 Feb 12

George4th says...

peenut81 wrote:
hahahaha
''October 2009 at the height of the downturn''.

The depression is barely halfway through yet, i do wish the media were not so complicit in accepting the nonsense from govt, and certain parts of commerce and industry. When Brown bailed out the banks, he merely delayed the inevitable. The West's economic model is unsustainable and as banks step up their speculative attacks on individual countries the Euro crisis will derail any hope of recovery here. There can be no growth in an advanced developed nation without 3 things. 1, Exclusive access to an outstanding technological advance, 2, Further imperialism (theft) in poorer nations(Iraq, Libya, Syria, Yemen...Iran), or 3, the masses accept their living standards retreat 50years, no pensions, NHS or benefits. There is one alternative, maybe if we stopped allowing banks to create money instead of governments?
What is your blueprint alternative?
>
Banks - We have a nation that, in the majority, is trying to absolve itself from blame for being complicit in creating the biggest CREDIT Bubble and the biggest PROPERTY Bubble this country has ever seen! (E.G. Everyone who had a Credit card or an unaffordable mortgage!)
OK, there is a tiny excuse in that the Labour government forgot to regulate the Financial sector!
>
People have traded with money since the year dot - there is nothing wrong with trading in money.
[quote][p][bold]peenut81[/bold] wrote: hahahaha ''October 2009 at the height of the downturn''. The depression is barely halfway through yet, i do wish the media were not so complicit in accepting the nonsense from govt, and certain parts of commerce and industry. When Brown bailed out the banks, he merely delayed the inevitable. The West's economic model is unsustainable and as banks step up their speculative attacks on individual countries the Euro crisis will derail any hope of recovery here. There can be no growth in an advanced developed nation without 3 things. 1, Exclusive access to an outstanding technological advance, 2, Further imperialism (theft) in poorer nations(Iraq, Libya, Syria, Yemen...Iran), or 3, the masses accept their living standards retreat 50years, no pensions, NHS or benefits. There is one alternative, maybe if we stopped allowing banks to create money instead of governments?[/p][/quote]What is your blueprint alternative? > Banks - We have a nation that, in the majority, is trying to absolve itself from blame for being complicit in creating the biggest CREDIT Bubble and the biggest PROPERTY Bubble this country has ever seen! (E.G. Everyone who had a Credit card or an unaffordable mortgage!) OK, there is a tiny excuse in that the Labour government forgot to regulate the Financial sector! > People have traded with money since the year dot - there is nothing wrong with trading in money. George4th
  • Score: 0

12:21pm Thu 23 Feb 12

a and e says...

Stillness wrote:
peenut81 wrote:
hahahaha
''October 2009 at the height of the downturn''.

The depression is barely halfway through yet, i do wish the media were not so complicit in accepting the nonsense from govt, and certain parts of commerce and industry. When Brown bailed out the banks, he merely delayed the inevitable. The West's economic model is unsustainable and as banks step up their speculative attacks on individual countries the Euro crisis will derail any hope of recovery here. There can be no growth in an advanced developed nation without 3 things. 1, Exclusive access to an outstanding technological advance, 2, Further imperialism (theft) in poorer nations(Iraq, Libya, Syria, Yemen...Iran), or 3, the masses accept their living standards retreat 50years, no pensions, NHS or benefits. There is one alternative, maybe if we stopped allowing banks to create money instead of governments?
Spot on peenut. I think of your three alternatives I quite fancy going back 50 years. It will only be those living now that find it hard. As many people managed to be happy 50 years ago as they do now, at least as many.
Spot on , why do governments pay interest on money to a private bank , the Bank of England , who owns every central bank in the world ? The Rothchilds , the richest family on the planet ,it stinks !!!!
[quote][p][bold]Stillness[/bold] wrote: [quote][p][bold]peenut81[/bold] wrote: hahahaha ''October 2009 at the height of the downturn''. The depression is barely halfway through yet, i do wish the media were not so complicit in accepting the nonsense from govt, and certain parts of commerce and industry. When Brown bailed out the banks, he merely delayed the inevitable. The West's economic model is unsustainable and as banks step up their speculative attacks on individual countries the Euro crisis will derail any hope of recovery here. There can be no growth in an advanced developed nation without 3 things. 1, Exclusive access to an outstanding technological advance, 2, Further imperialism (theft) in poorer nations(Iraq, Libya, Syria, Yemen...Iran), or 3, the masses accept their living standards retreat 50years, no pensions, NHS or benefits. There is one alternative, maybe if we stopped allowing banks to create money instead of governments?[/p][/quote]Spot on peenut. I think of your three alternatives I quite fancy going back 50 years. It will only be those living now that find it hard. As many people managed to be happy 50 years ago as they do now, at least as many.[/p][/quote]Spot on , why do governments pay interest on money to a private bank , the Bank of England , who owns every central bank in the world ? The Rothchilds , the richest family on the planet ,it stinks !!!! a and e
  • Score: 0

1:30pm Thu 23 Feb 12

peenut81 says...

Georgeiv from your comments on here over the months, i suspect you come from the class of society who has no idea about the realities of poverty, believes in the virtues of 'free trade' and votes blue like a religion.
1990's, the man on the street is offered low interest rates to buy (or invest!!) property or lifestyle commodities that is thrust at him from every cultural angle, is it his fault when the politicians, media and business community assure him its legit and sustainable, that when the same elite mess up, that he not only has to pay it back in increased taxation for the next generation but also takes the blame?
You are like most people i suspect unaware of the process by which money enters circulation, or deliberatly misrepresenting my point. If anyone is interested may i suggest positivemoney.org
To blame Labour is lazy, they had no choice but to accept the dictates of the 'market' for fear of capital flight. We are all hostage/slaves to the banks unless we as a nation wake up, rise up and demand change.
Georgeiv from your comments on here over the months, i suspect you come from the class of society who has no idea about the realities of poverty, believes in the virtues of 'free trade' and votes blue like a religion. 1990's, the man on the street is offered low interest rates to buy (or invest!!) property or lifestyle commodities that is thrust at him from every cultural angle, is it his fault when the politicians, media and business community assure him its legit and sustainable, that when the same elite mess up, that he not only has to pay it back in increased taxation for the next generation but also takes the blame? You are like most people i suspect unaware of the process by which money enters circulation, or deliberatly misrepresenting my point. If anyone is interested may i suggest positivemoney.org To blame Labour is lazy, they had no choice but to accept the dictates of the 'market' for fear of capital flight. We are all hostage/slaves to the banks unless we as a nation wake up, rise up and demand change. peenut81
  • Score: 0

1:49pm Thu 23 Feb 12

George4th says...

peenut81 wrote:
Georgeiv from your comments on here over the months, i suspect you come from the class of society who has no idea about the realities of poverty, believes in the virtues of 'free trade' and votes blue like a religion.
1990's, the man on the street is offered low interest rates to buy (or invest!!) property or lifestyle commodities that is thrust at him from every cultural angle, is it his fault when the politicians, media and business community assure him its legit and sustainable, that when the same elite mess up, that he not only has to pay it back in increased taxation for the next generation but also takes the blame?
You are like most people i suspect unaware of the process by which money enters circulation, or deliberatly misrepresenting my point. If anyone is interested may i suggest positivemoney.org
To blame Labour is lazy, they had no choice but to accept the dictates of the 'market' for fear of capital flight. We are all hostage/slaves to the banks unless we as a nation wake up, rise up and demand change.
You clearly have not read some of my posts or you would know I came from a poor background. And yes, I believe in free trade/markets and I am against the minimum wage! (It has stifled opportunity for the very people the liberals thought it would help!)
>
You get out of life what you put in. Sadly, too many people in the UK seem to think that life owes them a living. Too many people want to blame everyone else for their ills when in truth they should look at themselves. Take fat people for a start - if Pauline Quirk can lose 8 stone in a year then imagine what is achievable by everyone else!
[quote][p][bold]peenut81[/bold] wrote: Georgeiv from your comments on here over the months, i suspect you come from the class of society who has no idea about the realities of poverty, believes in the virtues of 'free trade' and votes blue like a religion. 1990's, the man on the street is offered low interest rates to buy (or invest!!) property or lifestyle commodities that is thrust at him from every cultural angle, is it his fault when the politicians, media and business community assure him its legit and sustainable, that when the same elite mess up, that he not only has to pay it back in increased taxation for the next generation but also takes the blame? You are like most people i suspect unaware of the process by which money enters circulation, or deliberatly misrepresenting my point. If anyone is interested may i suggest positivemoney.org To blame Labour is lazy, they had no choice but to accept the dictates of the 'market' for fear of capital flight. We are all hostage/slaves to the banks unless we as a nation wake up, rise up and demand change.[/p][/quote]You clearly have not read some of my posts or you would know I came from a poor background. And yes, I believe in free trade/markets and I am against the minimum wage! (It has stifled opportunity for the very people the liberals thought it would help!) > You get out of life what you put in. Sadly, too many people in the UK seem to think that life owes them a living. Too many people want to blame everyone else for their ills when in truth they should look at themselves. Take fat people for a start - if Pauline Quirk can lose 8 stone in a year then imagine what is achievable by everyone else! George4th
  • Score: 0

2:49pm Thu 23 Feb 12

Dasal says...

George4th wrote:
peenut81 wrote: Georgeiv from your comments on here over the months, i suspect you come from the class of society who has no idea about the realities of poverty, believes in the virtues of 'free trade' and votes blue like a religion. 1990's, the man on the street is offered low interest rates to buy (or invest!!) property or lifestyle commodities that is thrust at him from every cultural angle, is it his fault when the politicians, media and business community assure him its legit and sustainable, that when the same elite mess up, that he not only has to pay it back in increased taxation for the next generation but also takes the blame? You are like most people i suspect unaware of the process by which money enters circulation, or deliberatly misrepresenting my point. If anyone is interested may i suggest positivemoney.org To blame Labour is lazy, they had no choice but to accept the dictates of the 'market' for fear of capital flight. We are all hostage/slaves to the banks unless we as a nation wake up, rise up and demand change.
You clearly have not read some of my posts or you would know I came from a poor background. And yes, I believe in free trade/markets and I am against the minimum wage! (It has stifled opportunity for the very people the liberals thought it would help!) > You get out of life what you put in. Sadly, too many people in the UK seem to think that life owes them a living. Too many people want to blame everyone else for their ills when in truth they should look at themselves. Take fat people for a start - if Pauline Quirk can lose 8 stone in a year then imagine what is achievable by everyone else!
Ummmm !!
"Sale of Skandia House" to "Pauline Quirk "

Amazing where some of these "threads"go, isn't it !!!
[quote][p][bold]George4th[/bold] wrote: [quote][p][bold]peenut81[/bold] wrote: Georgeiv from your comments on here over the months, i suspect you come from the class of society who has no idea about the realities of poverty, believes in the virtues of 'free trade' and votes blue like a religion. 1990's, the man on the street is offered low interest rates to buy (or invest!!) property or lifestyle commodities that is thrust at him from every cultural angle, is it his fault when the politicians, media and business community assure him its legit and sustainable, that when the same elite mess up, that he not only has to pay it back in increased taxation for the next generation but also takes the blame? You are like most people i suspect unaware of the process by which money enters circulation, or deliberatly misrepresenting my point. If anyone is interested may i suggest positivemoney.org To blame Labour is lazy, they had no choice but to accept the dictates of the 'market' for fear of capital flight. We are all hostage/slaves to the banks unless we as a nation wake up, rise up and demand change.[/p][/quote]You clearly have not read some of my posts or you would know I came from a poor background. And yes, I believe in free trade/markets and I am against the minimum wage! (It has stifled opportunity for the very people the liberals thought it would help!) > You get out of life what you put in. Sadly, too many people in the UK seem to think that life owes them a living. Too many people want to blame everyone else for their ills when in truth they should look at themselves. Take fat people for a start - if Pauline Quirk can lose 8 stone in a year then imagine what is achievable by everyone else![/p][/quote]Ummmm !! "Sale of Skandia House" to "Pauline Quirk " Amazing where some of these "threads"go, isn't it !!! Dasal
  • Score: 0

3:03pm Thu 23 Feb 12

southy says...

George4th Theres no such thing as a free open trade markets, reason being they will not allow a state owned industry, and they will not allow you do things like getting your insurences overseas, or allow you to small time banking over seas.
This free open trade markets is not for the likes of odinary people its for the elitist only.
The min wage is a good thing its stops compamys using people as paid salves, and it needs to be extended to any overseas worker that is working here.
George4th Theres no such thing as a free open trade markets, reason being they will not allow a state owned industry, and they will not allow you do things like getting your insurences overseas, or allow you to small time banking over seas. This free open trade markets is not for the likes of odinary people its for the elitist only. The min wage is a good thing its stops compamys using people as paid salves, and it needs to be extended to any overseas worker that is working here. southy
  • Score: 0

3:30pm Thu 23 Feb 12

Torchie1 says...

southy wrote:
George4th Theres no such thing as a free open trade markets, reason being they will not allow a state owned industry, and they will not allow you do things like getting your insurences overseas, or allow you to small time banking over seas.
This free open trade markets is not for the likes of odinary people its for the elitist only.
The min wage is a good thing its stops compamys using people as paid salves, and it needs to be extended to any overseas worker that is working here.
I think you'll find that insurance in the UK has to satisfy requirements in law thats only applicable to the UK, NI & CIs. When you try to claim on a policy underwritten by a company offshore, the cover might not be as extensive as a UK policy and the difference will be down to you to make up.
[quote][p][bold]southy[/bold] wrote: George4th Theres no such thing as a free open trade markets, reason being they will not allow a state owned industry, and they will not allow you do things like getting your insurences overseas, or allow you to small time banking over seas. This free open trade markets is not for the likes of odinary people its for the elitist only. The min wage is a good thing its stops compamys using people as paid salves, and it needs to be extended to any overseas worker that is working here.[/p][/quote]I think you'll find that insurance in the UK has to satisfy requirements in law thats only applicable to the UK, NI & CIs. When you try to claim on a policy underwritten by a company offshore, the cover might not be as extensive as a UK policy and the difference will be down to you to make up. Torchie1
  • Score: 0

3:35pm Thu 23 Feb 12

George4th says...

southy wrote:
George4th Theres no such thing as a free open trade markets, reason being they will not allow a state owned industry, and they will not allow you do things like getting your insurences overseas, or allow you to small time banking over seas.
This free open trade markets is not for the likes of odinary people its for the elitist only.
The min wage is a good thing its stops compamys using people as paid salves, and it needs to be extended to any overseas worker that is working here.
Minimum wage - look at the rest of the world to see who has a strong economy! Even the USA has a minimum wage about one third less than ours! How do you expect to compete?!
Another downside is pay differentials - employers will squeeze down to cover the cost thereby reducing opportunity for progression. They will also change full-time jobs into part-time jobs.
>
The majority of economists say that a minimum wage will cost jobs..............
[quote][p][bold]southy[/bold] wrote: George4th Theres no such thing as a free open trade markets, reason being they will not allow a state owned industry, and they will not allow you do things like getting your insurences overseas, or allow you to small time banking over seas. This free open trade markets is not for the likes of odinary people its for the elitist only. The min wage is a good thing its stops compamys using people as paid salves, and it needs to be extended to any overseas worker that is working here.[/p][/quote]Minimum wage - look at the rest of the world to see who has a strong economy! Even the USA has a minimum wage about one third less than ours! How do you expect to compete?! Another downside is pay differentials - employers will squeeze down to cover the cost thereby reducing opportunity for progression. They will also change full-time jobs into part-time jobs. > The majority of economists say that a minimum wage will cost jobs.............. George4th
  • Score: 0

3:41pm Thu 23 Feb 12

southy says...

George4th wrote:
southy wrote:
George4th Theres no such thing as a free open trade markets, reason being they will not allow a state owned industry, and they will not allow you do things like getting your insurences overseas, or allow you to small time banking over seas.
This free open trade markets is not for the likes of odinary people its for the elitist only.
The min wage is a good thing its stops compamys using people as paid salves, and it needs to be extended to any overseas worker that is working here.
Minimum wage - look at the rest of the world to see who has a strong economy! Even the USA has a minimum wage about one third less than ours! How do you expect to compete?!
Another downside is pay differentials - employers will squeeze down to cover the cost thereby reducing opportunity for progression. They will also change full-time jobs into part-time jobs.
>
The majority of economists say that a minimum wage will cost jobs..............
there is no need to compeat because of the exchange rate will balance it self out accordly.
At the moment China as the strongest economy and NWL applys there to.
[quote][p][bold]George4th[/bold] wrote: [quote][p][bold]southy[/bold] wrote: George4th Theres no such thing as a free open trade markets, reason being they will not allow a state owned industry, and they will not allow you do things like getting your insurences overseas, or allow you to small time banking over seas. This free open trade markets is not for the likes of odinary people its for the elitist only. The min wage is a good thing its stops compamys using people as paid salves, and it needs to be extended to any overseas worker that is working here.[/p][/quote]Minimum wage - look at the rest of the world to see who has a strong economy! Even the USA has a minimum wage about one third less than ours! How do you expect to compete?! Another downside is pay differentials - employers will squeeze down to cover the cost thereby reducing opportunity for progression. They will also change full-time jobs into part-time jobs. > The majority of economists say that a minimum wage will cost jobs..............[/p][/quote]there is no need to compeat because of the exchange rate will balance it self out accordly. At the moment China as the strongest economy and NWL applys there to. southy
  • Score: 0

3:46pm Thu 23 Feb 12

southy says...

Torchie1 wrote:
southy wrote:
George4th Theres no such thing as a free open trade markets, reason being they will not allow a state owned industry, and they will not allow you do things like getting your insurences overseas, or allow you to small time banking over seas.
This free open trade markets is not for the likes of odinary people its for the elitist only.
The min wage is a good thing its stops compamys using people as paid salves, and it needs to be extended to any overseas worker that is working here.
I think you'll find that insurance in the UK has to satisfy requirements in law thats only applicable to the UK, NI & CIs. When you try to claim on a policy underwritten by a company offshore, the cover might not be as extensive as a UK policy and the difference will be down to you to make up.
And EU, your even stop now going to any country in the EU to get things like Home or Car insurances.
Japan offers the best deal in this area, and they will ajust according to UK and EU rules, and would have the same cover that you can get here, but thats been block, and yet any business or any one with a £1 million or more in the back can.
[quote][p][bold]Torchie1[/bold] wrote: [quote][p][bold]southy[/bold] wrote: George4th Theres no such thing as a free open trade markets, reason being they will not allow a state owned industry, and they will not allow you do things like getting your insurences overseas, or allow you to small time banking over seas. This free open trade markets is not for the likes of odinary people its for the elitist only. The min wage is a good thing its stops compamys using people as paid salves, and it needs to be extended to any overseas worker that is working here.[/p][/quote]I think you'll find that insurance in the UK has to satisfy requirements in law thats only applicable to the UK, NI & CIs. When you try to claim on a policy underwritten by a company offshore, the cover might not be as extensive as a UK policy and the difference will be down to you to make up.[/p][/quote]And EU, your even stop now going to any country in the EU to get things like Home or Car insurances. Japan offers the best deal in this area, and they will ajust according to UK and EU rules, and would have the same cover that you can get here, but thats been block, and yet any business or any one with a £1 million or more in the back can. southy
  • Score: 0

4:56pm Thu 23 Feb 12

Boatman says...

George4th wrote:
southy wrote:
George4th Theres no such thing as a free open trade markets, reason being they will not allow a state owned industry, and they will not allow you do things like getting your insurences overseas, or allow you to small time banking over seas.
This free open trade markets is not for the likes of odinary people its for the elitist only.
The min wage is a good thing its stops compamys using people as paid salves, and it needs to be extended to any overseas worker that is working here.
Minimum wage - look at the rest of the world to see who has a strong economy! Even the USA has a minimum wage about one third less than ours! How do you expect to compete?!
Another downside is pay differentials - employers will squeeze down to cover the cost thereby reducing opportunity for progression. They will also change full-time jobs into part-time jobs.
>
The majority of economists say that a minimum wage will cost jobs..............
And the USA is a "strong economy" - I think not. Why not cite Germany or the Netherlands?

"The majority of economists say that a minimum wage will cost jobs.............."

Evidence please for this assertion. This was the Tory mantra in 1997. It proved wrong then and it is wrong now.
[quote][p][bold]George4th[/bold] wrote: [quote][p][bold]southy[/bold] wrote: George4th Theres no such thing as a free open trade markets, reason being they will not allow a state owned industry, and they will not allow you do things like getting your insurences overseas, or allow you to small time banking over seas. This free open trade markets is not for the likes of odinary people its for the elitist only. The min wage is a good thing its stops compamys using people as paid salves, and it needs to be extended to any overseas worker that is working here.[/p][/quote]Minimum wage - look at the rest of the world to see who has a strong economy! Even the USA has a minimum wage about one third less than ours! How do you expect to compete?! Another downside is pay differentials - employers will squeeze down to cover the cost thereby reducing opportunity for progression. They will also change full-time jobs into part-time jobs. > The majority of economists say that a minimum wage will cost jobs..............[/p][/quote]And the USA is a "strong economy" - I think not. Why not cite Germany or the Netherlands? "The majority of economists say that a minimum wage will cost jobs.............." Evidence please for this assertion. This was the Tory mantra in 1997. It proved wrong then and it is wrong now. Boatman
  • Score: 0

5:14pm Thu 23 Feb 12

Fatty x Ford Worker says...

I read in the Echo the other week that Southampton was short of office space!
I read in the Echo the other week that Southampton was short of office space! Fatty x Ford Worker
  • Score: 0

5:21pm Thu 23 Feb 12

Stillness says...

It would appear that more and more people are interested in a high standard of living and less and less are interested in their quality of life. So many people are willing to put themselves in debt or spend all their time at work because they believe that their "standard of living" will be unacceptably low if they don't have an X-box or an Ipad. I guess if they are gullible enough to believe an advertizing company's bull s@1t that makes them fair game.
It would appear that more and more people are interested in a high standard of living and less and less are interested in their quality of life. So many people are willing to put themselves in debt or spend all their time at work because they believe that their "standard of living" will be unacceptably low if they don't have an X-box or an Ipad. I guess if they are gullible enough to believe an advertizing company's bull s@1t that makes them fair game. Stillness
  • Score: 0

7:52pm Thu 23 Feb 12

Torchie1 says...

southy wrote:
Torchie1 wrote:
southy wrote:
George4th Theres no such thing as a free open trade markets, reason being they will not allow a state owned industry, and they will not allow you do things like getting your insurences overseas, or allow you to small time banking over seas.
This free open trade markets is not for the likes of odinary people its for the elitist only.
The min wage is a good thing its stops compamys using people as paid salves, and it needs to be extended to any overseas worker that is working here.
I think you'll find that insurance in the UK has to satisfy requirements in law thats only applicable to the UK, NI & CIs. When you try to claim on a policy underwritten by a company offshore, the cover might not be as extensive as a UK policy and the difference will be down to you to make up.
And EU, your even stop now going to any country in the EU to get things like Home or Car insurances.
Japan offers the best deal in this area, and they will ajust according to UK and EU rules, and would have the same cover that you can get here, but thats been block, and yet any business or any one with a £1 million or more in the back can.
Do you think Margaret Thatcher bought up the entire insurance business in the UK and changed the rules so that poor people can't buy insurance from Japan?
[quote][p][bold]southy[/bold] wrote: [quote][p][bold]Torchie1[/bold] wrote: [quote][p][bold]southy[/bold] wrote: George4th Theres no such thing as a free open trade markets, reason being they will not allow a state owned industry, and they will not allow you do things like getting your insurences overseas, or allow you to small time banking over seas. This free open trade markets is not for the likes of odinary people its for the elitist only. The min wage is a good thing its stops compamys using people as paid salves, and it needs to be extended to any overseas worker that is working here.[/p][/quote]I think you'll find that insurance in the UK has to satisfy requirements in law thats only applicable to the UK, NI & CIs. When you try to claim on a policy underwritten by a company offshore, the cover might not be as extensive as a UK policy and the difference will be down to you to make up.[/p][/quote]And EU, your even stop now going to any country in the EU to get things like Home or Car insurances. Japan offers the best deal in this area, and they will ajust according to UK and EU rules, and would have the same cover that you can get here, but thats been block, and yet any business or any one with a £1 million or more in the back can.[/p][/quote]Do you think Margaret Thatcher bought up the entire insurance business in the UK and changed the rules so that poor people can't buy insurance from Japan? Torchie1
  • Score: 0

8:07pm Thu 23 Feb 12

Stillness says...

Torchie1 wrote:
southy wrote:
Torchie1 wrote:
southy wrote:
George4th Theres no such thing as a free open trade markets, reason being they will not allow a state owned industry, and they will not allow you do things like getting your insurences overseas, or allow you to small time banking over seas.
This free open trade markets is not for the likes of odinary people its for the elitist only.
The min wage is a good thing its stops compamys using people as paid salves, and it needs to be extended to any overseas worker that is working here.
I think you'll find that insurance in the UK has to satisfy requirements in law thats only applicable to the UK, NI & CIs. When you try to claim on a policy underwritten by a company offshore, the cover might not be as extensive as a UK policy and the difference will be down to you to make up.
And EU, your even stop now going to any country in the EU to get things like Home or Car insurances.
Japan offers the best deal in this area, and they will ajust according to UK and EU rules, and would have the same cover that you can get here, but thats been block, and yet any business or any one with a £1 million or more in the back can.
Do you think Margaret Thatcher bought up the entire insurance business in the UK and changed the rules so that poor people can't buy insurance from Japan?
Yes he does, and he's right, because he says he so.
[quote][p][bold]Torchie1[/bold] wrote: [quote][p][bold]southy[/bold] wrote: [quote][p][bold]Torchie1[/bold] wrote: [quote][p][bold]southy[/bold] wrote: George4th Theres no such thing as a free open trade markets, reason being they will not allow a state owned industry, and they will not allow you do things like getting your insurences overseas, or allow you to small time banking over seas. This free open trade markets is not for the likes of odinary people its for the elitist only. The min wage is a good thing its stops compamys using people as paid salves, and it needs to be extended to any overseas worker that is working here.[/p][/quote]I think you'll find that insurance in the UK has to satisfy requirements in law thats only applicable to the UK, NI & CIs. When you try to claim on a policy underwritten by a company offshore, the cover might not be as extensive as a UK policy and the difference will be down to you to make up.[/p][/quote]And EU, your even stop now going to any country in the EU to get things like Home or Car insurances. Japan offers the best deal in this area, and they will ajust according to UK and EU rules, and would have the same cover that you can get here, but thats been block, and yet any business or any one with a £1 million or more in the back can.[/p][/quote]Do you think Margaret Thatcher bought up the entire insurance business in the UK and changed the rules so that poor people can't buy insurance from Japan?[/p][/quote]Yes he does, and he's right, because he says he so. Stillness
  • Score: 0

9:05pm Thu 23 Feb 12

southampton999 says...

southy wrote:
George4th Theres no such thing as a free open trade markets, reason being they will not allow a state owned industry, and they will not allow you do things like getting your insurences overseas, or allow you to small time banking over seas.
This free open trade markets is not for the likes of odinary people its for the elitist only.
The min wage is a good thing its stops compamys using people as paid salves, and it needs to be extended to any overseas worker that is working here.
The minimum wage has unfortunately caused mayhem in our econony. The reason why is because it has increased the differential between our wages and those in other lower wage countries. This has led to economic migration from those nations due to this differential. Workers are prepared to live in cheap accomodation in the UK and send most of their money home via Cash Converters and other such companies. The money doesn't ever see the UK economy and only helps other countries economies. It has been a disaster. And you may also note that even the food sold to these workers is imported so the classic economic 'multiplier' effect does not work and has totally skewed our economy.
[quote][p][bold]southy[/bold] wrote: George4th Theres no such thing as a free open trade markets, reason being they will not allow a state owned industry, and they will not allow you do things like getting your insurences overseas, or allow you to small time banking over seas. This free open trade markets is not for the likes of odinary people its for the elitist only. The min wage is a good thing its stops compamys using people as paid salves, and it needs to be extended to any overseas worker that is working here.[/p][/quote]The minimum wage has unfortunately caused mayhem in our econony. The reason why is because it has increased the differential between our wages and those in other lower wage countries. This has led to economic migration from those nations due to this differential. Workers are prepared to live in cheap accomodation in the UK and send most of their money home via Cash Converters and other such companies. The money doesn't ever see the UK economy and only helps other countries economies. It has been a disaster. And you may also note that even the food sold to these workers is imported so the classic economic 'multiplier' effect does not work and has totally skewed our economy. southampton999
  • Score: 0

12:24am Fri 24 Feb 12

British asian says...

This is not a good investment , 30 mill to buy , 2 mill rent per annum, will it cover the payments for the borrowed money ??????
This is not a good investment , 30 mill to buy , 2 mill rent per annum, will it cover the payments for the borrowed money ?????? British asian
  • Score: 0

6:35am Fri 24 Feb 12

Stillness says...

British asian wrote:
This is not a good investment , 30 mill to buy , 2 mill rent per annum, will it cover the payments for the borrowed money ??????
It's OK. I'll be paying cash. No need to borrow so no interest to pay.
[quote][p][bold]British asian[/bold] wrote: This is not a good investment , 30 mill to buy , 2 mill rent per annum, will it cover the payments for the borrowed money ??????[/p][/quote]It's OK. I'll be paying cash. No need to borrow so no interest to pay. Stillness
  • Score: 0

2:24pm Fri 24 Feb 12

georgetheseventh says...

lightsouth wrote:
Where will skandia go?
Back to Skandinavia you dope.
[quote][p][bold]lightsouth[/bold] wrote: Where will skandia go?[/p][/quote]Back to Skandinavia you dope. georgetheseventh
  • Score: 0

1:37pm Sat 25 Feb 12

rocketone says...

The blackest day in the working man's history is the day his boss told him his wages were being paid into a bank.
From that day on the working man was always going to be in debt.
Ask your company to pay you cash, after appropriate deductions have been made.
In other words a perfectly legal request.
You will find your employer does not have the neccesary finance to perform this simple act.
The company that buys this building do not need to have the money to buy this, just be able to promise that they might.
The blackest day in the working man's history is the day his boss told him his wages were being paid into a bank. From that day on the working man was always going to be in debt. Ask your company to pay you cash, after appropriate deductions have been made. In other words a perfectly legal request. You will find your employer does not have the neccesary finance to perform this simple act. The company that buys this building do not need to have the money to buy this, just be able to promise that they might. rocketone
  • Score: 0

2:20pm Sat 25 Feb 12

BillyTheKid says...

These comments are a bit like Chinese whispers............
...
These comments are a bit like Chinese whispers............ ... BillyTheKid
  • Score: 0

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