Lord Rose, businessman who supports lower wages for workers, to lead pro-EU campaign

http://www.independent.co.uk/news/uk...-a6688561.html

Stuart Rose: Ex-M&S boss who supported low wages for migrants to lead campaign to keep Britain in the EU

Lord Rose said he believed that pulling out of the European Union would risk Britain’s prosperity

http://www.londonlovesbusiness.com/p...tuart-Rose.jpg
Lord Rose

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Originally Posted by Independent

A businessman who said that the public shouldn’t complain about migrants undercutting British workers and taking on jobs for less money is to lead the campaign to keep the country in the EU. It is to be revealed at an event on 12 October that Lord Stuart Rose, the former chief executive of Mark and Spencer, is to be the chairman of the In campaign.

But the appointment is likely to be leapt upon by opponents because of his robust views on the free movement of labour. Two years ago the Conservative peer said he had little sympathy with people who complained that jobs were being taken by workers from Bulgaria and Romania who were prepared to work for less money. “I’m a free-market economist; we operate in a free market,” he told Sky News. “If these people want to come here, and work the hours they are prepared to work for the wages they are prepared to work for, then so be it.”

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Excellent. This is going to go down really well with Labour voters *snort*

All those voters, usually Labour, who are on low wages trying to pay a mortgage and feed their families will be really happy that there's people like Lord Rose out there who want their wages to stay static in the face of inflation. All so Lord Rose and corporate friends can make even more £.

He's also down on record as supporting more private sector involvement in the NHS.

Thoughts?

I thought you supported no minimum wage and salaries chosen entirely by the private sector or did that all change when you realised your UKIP chums have taken a different line to it now

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Originally Posted by FlyingJesus

I thought you supported no minimum wage and salaries chosen entirely by the private sector or did that all change when you realised your UKIP chums have taken a different line to it now

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Didn't realise this topic was about a legally enforced minimum wage. OH WAIT yeah it's not, you just changed it to that. :rolleyes:

And this referendum isn't party political so stop banging the Ukip bongo drum.

Well it does involve that, he doesn't want to have businesses forced to raise wages against the good of the business and believes in the free market... like you used to. And it is relevant to UKIP because of your flip-flopping views that follow their line - previously you'd have been championing this guy's ideals, but now you/UKIP have picked up on the idea that the working class have a large vote percentage and so he's *+*TeH eNeMy+*+* and you're finding yourself demonising the very things you've promoted many times

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Originally Posted by FlyingJesus

Well it does involve that, he doesn't want to have businesses forced to raise wages against the good of the business and believes in the free market... like you used to. And it is relevant to UKIP because of your flip-flopping views that follow their line - previously you'd have been championing this guy's ideals, but now you/UKIP have picked up on the idea that the working class have a large vote percentage and so he's *+*TeH eNeMy+*+* and you're finding yourself demonising the very things you've promoted many times

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Are you being purposely slow? What's an objection to a legally enforced minimum wage got to do with this story? Absolutely nothing lmao.

Have you not read your own link or something

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Originally Posted by -:Undertaker:-

Are you being purposely slow? What's an objection to a legally enforced minimum wage got to do with this story? Absolutely nothing lmao.

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Wait, in the previous thread you argued that there should be a minimum wage?!

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Originally Posted by FlyingJesus

Have you not read your own link or something

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No dear it's terribly simple.

I support a British economy based on the free market when it benefits us. As it happens, most economic proposals (such as a minimum wage) are usually anti-free market and often have negative unintended consequences rather than positive outcomes. In terms of cheap overseas labour, that doesn't benefit British workers and thus despite it being in line with free market principles (of a more anarchist and wacky line of libertarians who reject the concept of borders) I reject it too. Lord Rose naturally wants to suppress wages here to make more money for his company, but I am not of the opinion that a flooding of millions of cheap foreign workers is good for this country or her people whereas it may be good for the Marks and Spencer annual audit. Country > M&S wage freezes behind inflation.

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Originally Posted by snr

Wait, in the previous thread you argued that there should be a minimum wage?!

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The opposite.

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Originally Posted by -:Undertaker:-

No dear it's terribly simple.

I support a British economy based on the free market when it benefits us. As it happens, most economic proposals (such as a minimum wage) are usually anti-free market and often have negative unintended consequences rather than positive outcomes. In terms of cheap overseas labour, that doesn't benefit British workers and thus despite it being in line with free market principles (of a more anarchist and wacky line of libertarians who reject the concept of borders) I reject it too. Lord Rose naturally wants to suppress wages here to make more money for his company, but I am not of the opinion that a flooding of millions of cheap foreign workers is good for this country or her people whereas it may be good for the Marks and Spencer annual audit. Country > M&S wage freezes behind inflation.



The opposite.

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You are against cheap (foreign) labour yet you do not want a minimum wage? Okkkkkaaayyyyyy then.

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Originally Posted by snr

You are against cheap (foreign) labour yet you do not want a minimum wage? Okkkkkaaayyyyyy then.

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It's fairly simple, it's what we had pre-late 1990s.

Within the context of the British economy it allowed wages to fluctuate more naturally with market forces whilst not harming the young and/or unskilled (minimum wage) and not permanently (even in times of economic boom) compressing those same unskilled wages with an unlimited supply of second or third world labour.

In other words putting workers before corporations whilst not distorting the market with direct wage laws. A centre-ground approach.