{"id":101073,"date":"2018-11-09T13:00:07","date_gmt":"2018-11-09T06:00:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/lets-stop-lining-housebuilders-pockets-and-tax-them-instead-aditya-chakrabortty\/"},"modified":"2018-11-09T13:04:07","modified_gmt":"2018-11-09T06:04:07","slug":"lets-stop-lining-housebuilders-pockets-and-tax-them-instead-aditya-chakrabortty","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lets-stop-lining-housebuilders-pockets-and-tax-them-instead-aditya-chakrabortty\/","title":{"rendered":"Let\u2019s stop lining housebuilders\u2019 pockets and tax them instead | Aditya Chakrabortty"},"content":{"rendered":"


\nJeff Fairburn\u2019s \u00a375m bonus has sharpened focus on the vast windfalls generated by help to buyWhen historians seek to understand just how blatantly warped British capitalism became in the early 21st century, they will turn to a recent edition of BBC Look North and a man called Jeff.Perhaps you know the interview, for it has already been fed to the social-media beast and provided countless laughs. In it, Jeff Fairburn, the boss of giant housebuilder Persimmon, is chatting away about bricks when the reporter politely asks about the \u201cfurore\u201d over his \u00a375m bonus. Amazingly Fairburn and his press adviser have no answer, even though, as the interviewer points out, it was the biggest bonus in the country. Finally Fairburn lumbers off, muttering: \u201cIt\u2019s really unfortunate you\u2019ve done that.\u201d Continue reading…
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\nSource : theguardian.com
\nRead more…Let\u2019s stop lining housebuilders\u2019 pockets and tax them instead | Aditya Chakrabortty<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Jeff Fairburn\u2019s \u00a375m bonus has sharpened focus on the vast windfalls generated by help to...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-101073","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qid","jetpack-related-posts":[{"id":121571,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-view-on-high-pay-the-fat-cats-are-still-there-editorial\/","url_meta":{"origin":101073,"position":0},"title":"The Guardian view on high pay: the fat cats are still there | Editorial","date":"August 21, 2021","format":false,"excerpt":"\r Vast disparities in income may have lost some of their power to shock. But they remain a gross injusticePublic anger about the vast salaries extracted from business by the highest-paid people surfaces less often than one might expect, given highly conspicuous levels of inequality and rising poverty. Sir Philip\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96808,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/smaller-homes-make-developers-rich-but-they-are-shrinking-our-lives-wayne-hemingway\/","url_meta":{"origin":101073,"position":1},"title":"Smaller homes make developers rich \u2013 but they are shrinking our lives | Wayne Hemingway","date":"August 28, 2018","format":false,"excerpt":"\r The average house has lost 20% of its space since the 1970s as austerity warps planning processes and greed rules the marketOn any given week, if you can bear to look, you\u2019ll see dispiriting news about the state of housing in Britain. Last week brought research suggesting that the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105241,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/persimmons-new-homebuyers-retention-at-least-shows-willing\/","url_meta":{"origin":101073,"position":2},"title":"Persimmon's new homebuyers' 'retention' at least shows willing","date":"March 22, 2019","format":false,"excerpt":"\r It\u2019s obviously an attempt at a reputation fix, but it\u2019s still a sound principle for Help to BuyPersimmon described it as a homebuyer\u2019s \u201cretention\u201d, but could have called it the Jeff Fairburn memorial clause. Buyers of Persimmon houses will be able to withhold 1.5% of the purchase price, or\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100993,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/persimmon-boss-at-centre-of-pay-storm-to-leave\/","url_meta":{"origin":101073,"position":3},"title":"Persimmon boss at centre of pay storm to leave","date":"November 7, 2018","format":false,"excerpt":"\r Jeff Fairburn had originally been in line for \u00a3110m bonus under 2012 bonus plan\r \r Source : ft.com\r Read more...Persimmon boss at centre of pay storm to leave","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81235,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/persimmon-and-serco-bow-to-shareholder-pressure-over-pay\/","url_meta":{"origin":101073,"position":4},"title":"Persimmon and Serco bow to shareholder pressure over pay","date":"February 24, 2018","format":false,"excerpt":"\r Bonus for Persimmon boss Jeff Fairburn cut by about \u00a330m; Serco trims CEO pay 20%\r \r Source : ft.com\r Read more...Persimmon and Serco bow to shareholder pressure over pay","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74616,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/persimmon-chair-resigns-over-chief-executives-obscene-128m-bonus\/","url_meta":{"origin":101073,"position":5},"title":"Persimmon chair resigns over chief executive's 'obscene' \u00a3128m bonus","date":"December 15, 2017","format":false,"excerpt":"\r Nicholas Wrigley quits in recognition of his failure to cap housebuilder\u2019s pay scheme, believed to be most generous ever in UKThe chair of Persimmon has resigned over his role in orchestrating a \u00a3128m bonus for the housebuilder\u2019s chief executive, Jeff Fairburn, that will begin paying out on New Year\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101073"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=101073"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101073\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=101073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=101073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=101073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}