Lib Dems prove once again they are not fit to govern

[Robinho]

Yes, and unfortunately you just don't seem to grasp the simple equation.

1 + 1 = 2
1 != 2

I am aware that 1 + 1 = 2 and i am also aware that the number 1 is not equal to the number 2.

What does this have to do with anything though?

[doodab]

Exactly, profits are increased, that means the thing that was cut was hindering total profits and thus, was unprofitable. If the thing that was cut was profitable, then profits would decrease when it was cut.

It's pretty basic maths.

For someone who blathers on about "basic economics" you appear to have surprisingly little grasp of it. You might want to google "oppurtunity cost" in order to understand why something that is profitable might be cut.

[Robinho]

Sit down.

If resources can be better used elsewhere, then on a company wide level it is still unprofitable.

There are only a finite amount of resources available.

[doodab]

Sit down.

If resources can be better used elsewhere, then on a company wide level it is still unprofitable.

There are only a finite amount of resources available.

You don't actually know what unprofitable means do you?

[DodgyAgent]

Given that the banks' motivation for profit has all but bankrupted the whole country, how can you still argue this?
You really are a prize cretin.

I am not suggesting they actually do work for the general good. I would rather trust human instinct and self interest to correct and balance social concerns than any liberal do gooder.
Where companies act against the interests of society it is the governments job to step in - something that our last labour government failed to do.
I will take Rolls Royce Derby as an example. Here is a company that supports local schools sports clubs and Universities way better than any local government could do. They are driven by a sense of civic pride because it is in their interests to do so. Why because they rely upon Engineers wanting to come and work for them and they rely on Government contracts for business.
Singapore likewise if you are a company and you want to import Engineers then you must show that you sponsor and support lots of sports and educational establishments and help the locals to either find work or prepare for it.

[Robinho]

You don't actually know what unprofitable means do you?

If the existence of a branch decreases total profits then in isolation it is unprofitable, regardless of whether the actual branch makes a profit or not.

I have maintained this stance from the beginning.

[DodgyAgent]

If the existence of a branch decreases total profits then in isolation it is unprofitable, regardless of whether the actual branch makes a profit or not.

I have maintained this stance from the beginning.

It has little to do with individual branch profitability. If running branches is no longer part of the strategy then they will be sold off or closed down. If we want "sustainability" (leftie cliche) then someone should be encouraged to open a branch to replace the vacuum left assuming the closed Branch was profitable.

[doodab]

If the existence of a branch decreases total profits then in isolation it is unprofitable, regardless of whether the actual branch makes a profit or not.

I have maintained this stance from the beginning.

If the branch makes a profit then by definition it's profitable. I'm not sure why you think being wrong all along makes you less wrong, but it's a good sign that i'm wasting my time.

[doodab]

It has little to do with individual branch profitability. If running branches is no longer part of the strategy then they will be sold off or closed down. If we want "sustainability" (leftie cliche) then someone should be encouraged to open a branch to replace the vacuum left assuming the closed Branch was profitable.

How about if we want people to be able to access their money so they can spend it and keep the economy ticking over?

[DodgyAgent]

If the branch makes a profit then by definition it's profitable. I'm not sure why you think being wrong all along makes you less wrong, but it's a good sign that i'm wasting my time.

If only as simple as that. The Branch may be profitable but who is it to say that the business can be run without a branch?