Banjo Nick 6

River devotee, travelling troubadour, environmental activist...doing my best to avoid politics and politicians. following 0 followed by 0 ideally.

[Banjo Nick 6 @BanjoNick6]

https://t.co/xJyG4iJ2iR

[Banjo Nick 6 @BanjoNick6]

https://t.co/x3SKDJi9gD

[Banjo Nick 6 @BanjoNick6]

@martcrossy @WorldRowing @matthewcpinsent @BritishRowing @RowingAust @imogendaisyg @CUBCsquad Dismissiveness of the natural world will also over time prove to be a Championship Course disadvantage. @OxfordUniBC embrace and revel in Thames Tideway; CUBC fly to calm training facilities and truncate Trial 8s rather than raise riggers and attach splashboards to learn to race.

[Banjo Nick 6 @BanjoNick6]

https://t.co/l5jxbpeuHY

#marathonsculling I'll be back to some very hefty mileages in a very heavy and stable sculling-rigged Oxford punt in a few weeks training to beat @Imogendaisyg over 50ks in her ecodestructive @CUBCSquad kit etc post @Paris2024.

[Banjo Nick 6 @BanjoNick6]

@martcrossy @WorldRowing @matthewcpinsent @BritishRowing @RowingAust @imogendaisyg @CUBCsquad Correction: Foremill Wash is an environmental disaster zone. @CUBCsquad athletes are brainwashed into ignorance of why Foremill Wash is an environmental disaster zone. They are brainwashed by the CUBC coaches and admins who have zero concern for nature. A recruitment disadvantage

[Banjo Nick 6 @BanjoNick6]

@martcrossy @WorldRowing @matthewcpinsent @BritishRowing @RowingAust @imogendaisyg @CUBCsquad

[Banjo Nick 6 @BanjoNick6]

@UKParliament @WaterWaysProtct @DanielZeichner @ZacGoldsmith @RoyalFamily

[Banjo Nick 6 @BanjoNick6]

Misuse of 'disinterested' in final para of this over-written explanation of failure of @UKParliament to stop the catastrophic polluting of UK rivers with raw sewage and toxic fertilisers @WaterWaysProtct @DanielZeichner @Zacgoldsmith @RoyalFamily uninterested?

[Waterways Protection 💙 #EndSewagePollution @WaterWaysProtct]

When a water company, or any company for that matter, decides to hold back on paying bonuses to a single director or a group of directors, it doesn't directly affect the company's profitability for a few key reasons:

1. Accounting Practices: Corporate profits are calculated based on revenues minus expenses. Bonuses to directors, while a part of expenses, are discretionary and often accounted for in the financial planning of the company. Whether or not these bonuses are paid in a given year doesn't change the revenue the company has generated or its operational expenses related to its core business activities. Holding back bonuses might reduce the overall expense slightly in the short term, but this doesn't necessarily reflect a change in the company's underlying profitability.

2. Compensation Strategies: Companies often have flexible compensation strategies that allow them to adjust how and when bonuses are paid. For example, a bonus might be deferred to the next fiscal year, converted into a different form of compensation (like stock options), or replaced with a future benefit (such as a consulting contract). These strategies enable companies to manage cash flow and compensation expenses more effectively without impacting their operational profitability.

3. Public and Regulatory Scrutiny: In industries that are closely watched by the public and regulated by government entities, such as water utilities, there might be more scrutiny on how much executives are paid, especially in the form of bonuses. In response to public pressure or to align with regulatory expectations, companies might opt to show restraint in executive bonuses. This decision is often more about public relations and regulatory compliance than about the company's actual financial performance.

4. Long-term vs. Short-term Impacts: The decision to hold back bonuses can be a part of broader financial management and corporate strategy. While it may not have a direct impact on the company's profitability in the short term, it can be part of managing long-term financial health, employee morale, and the company's reputation. In the grand scheme of a company's finances, the bonuses for a few executives are relatively small compared to the overall revenue and expenses.

5. Corporate Culture and Norms: In the corporate world, especially at the executive level, compensation practices can be quite complex and varied. What might seem unusual in one context can be standard practice in another. Companies may adjust compensation practices for strategic reasons, such as to retain talent, incentivize performance, or manage costs, all without directly impacting the company's profit margins.

Banning bonuses for water company directors doesn't equate to a crackdown on the companies' profit-making abilities. Any politician advocating for such a policy is either uninformed, disinterested in real solutions, or merely parroting what their PR advisors suggest. This approach fails miserably at holding water companies accountable for their actions. It's a classic case of political spin and misdirection, offering no real substance towards addressing the underlying issues of corporate responsibility and governance. Such gestures are superficial and divert attention from the substantive regulatory and operational reforms needed to ensure these companies serve the public interest effectively.

[Banjo Nick 6 @BanjoNick6]

@Feargal_Sharkey is disinterestedly committed to #saveourrivers because he is a keen fisherman. He does not profit financially from his relentless campaigning. He is making a difference by raising awareness of the catastrophe.

[Banjo Nick 6 @BanjoNick6]

https://t.co/V49FQrwTF1

[Banjo Nick 6 @BanjoNick6]

@RoyalFamily https://t.co/V49FQrwTF1

[Banjo Nick 6 @BanjoNick6]

On Oct 18 @DavidLammy reposted this Kier Starmer
tweet enabling Zionist Netanyahu's ongoing #genocide with the nausiatingly disingenuous 'Israel's Right To Self Defence' line. Borderless Islamist terrorism has been emboldened not weakened as a result @RoyalFamily @UKParliament

[Banjo Nick 6 @BanjoNick6]

@DavidLammy Lammy reposted
@Keir_Starmer

Oct 18, 2023
'In this time of grave crisis, Westminster must speak with one voice.
Against terror.
In support of Israel’s right to self-defence'.
Etc...
Supporting Israel's 'right to self-defence' on Oct 18 was a Pro Terror statement
@DavidLammy

[Banjo Nick 6 @BanjoNick6]

Yes @RoyalFamily I wish the King a complete recovery following cancer diagnosis because I know him to be a peacemaker with the moral courage and ethical stability to stand up to Zionist Mossad blackmailing operation which infiltrated the monarchy via corrupt and disgraced Andrew.

[Banjo Nick 6 @BanjoNick6]

@RoyalFamily @Conservatives Meanwhile there are no limits to the moral and ethical shallowness of @RishiSunak @ForeignPolicy recruiting mercenary @BritishArmy from the same desperate demographic he demonizes. @ZacGoldsmith does the same albeit with older money subtlety and fake animal welfare #greenwashing.

[Banjo Nick 6 @BanjoNick6]

@RoyalFamily Helping us to avoid WW3 is not the only reason I wish Charlie well! He has been a pioneering conservationist for as long as I can remember and my main focus #saveourrivers from raw sewage dumping @Conservatives backed Water Companies will benefit from HRH's public intervention.

[Seb Coe @sebcoe]

We are shocked and deeply saddened to learn of the devastating loss of Kelvin Kiptum and his coach, Gervais Hakizimana.

On behalf of all World Athletics we send our deepest condolences to their families, friends, teammates and the Kenyan nation.

It was only earlier this week in Chicago, the place where Kelvin set his extraordinary marathon World Record, that I was able to officially ratify his historic time.

An incredible athlete leaving an incredible legacy, we will miss him dearly.

Seb

[Banjo Nick 6 @BanjoNick6]

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[Banjo Nick 6 @BanjoNick6]

https://t.co/nSVhfaJZMe

[Banjo Nick 6 @BanjoNick6]

Bernie Kedge performing at the Black Fen Folk Club this evening: ' In this windy old weather, this stormy old weather, when the wind blows we all pull together'.

[Banjo Nick 6 @BanjoNick6]

Flooding Cam. Water rising: first time I've seen Logan's Meadow under water.