Going back to chief execs pay for a moment.

I don't have all the details to hand so I'm going to make some assumptions based on information in this thread, information I know from other companies and some pure guess work.

For arguments sake lets say the Chief Exec agree to work for free (something unlikely as they could make a million somewhere else, but I'm making a "worse case" point here), you make a saving of £3.5M for the year.

Now lets presume that Provident, throughout the year, issue on average 100,000 loans - this seems low to me for a national comapny, but again this is "wrost case". (this number has been plucked from thin air, if anyone knows how many the do issue please let me know)

3.5M over 100,000 loans is £35 per loan

Currently - to borrow £500 you repay £721 over 6 months, with the saving we have you now repay £686. (I'm sure these numbers arn't accurate, but they are in the right ballpark) do you think that the fee now is good? so instead of paying £221 over 6 months you pay £186

If you do think the new fee is resonable then the chief execs pay is an issue, if you don't then really what they are being paid makes such a small diference in what they charge that it isn't an issue.

I'm not saying that directors arn't paid too much, I firmly believe that they are, but lets not delude ourselves that if they lower their wages everything will drastically reduce in price.

This thread is venturing into JVT territory...

You couldn't debate a point if your life depended upon it.

You snipe, sneer, mock and most impressively, use emoticons, to simply be dismissive, with a foot stomping "I'm rightttttt" attitude, that isn't prepared to consider an opposing argument.

Are provident evil? No. Should Bulls take their money? He'll yes. Are they the most desirable of sponsors? Well they aren't the worst. Are the interesting points to debate about the efficacy of their business and the subtle contradiction in the promotion of said company, via an organisation owned by a practicing Muslim? Not in aardvark world.

Don't reply. Just go bully someone else into submission.

Phew! Thank heavens for that. Some around here may take some convincing, but still.


Not so. I debate using the weapons at hand. People who can't back up their arguments often go ad hominem, like you, as a prelude to walking away. I suppose it's easier than considering a different view, for some.

... I hear the loud jangle of keys . .

. . . . . . what could it be . . . .