@JolyonMaugham - Unless it means Google has changed its fee structure to Google UK - so it’s cost + with a bonus for volume
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Replying to @MForstater
@MForstater such a fee structure might well jeopardise UK's claim not to be a PE.1 reply 0 retweets 0 likes -
Replying to @JolyonMaugham
@JolyonMaugham I dunno (obviously) but makes some sense given UK ‘sales’ role -they don’t negotiate prices but encourage higher budgets3 replies 0 retweets 0 likes -
Replying to @MForstater
@MForstater (but there are lots of reasons why that explanation can't be right).1 reply 0 retweets 0 likes -
Replying to @JolyonMaugham
@JolyonMaugham Instead of talking about me perhaps you could explain? I’m interested.1 reply 0 retweets 0 likes -
Replying to @MForstater
@MForstater it implies a 'commission' of ~ 1% of UK revenues. Not sure how that can be commercial.1 reply 0 retweets 0 likes -
Replying to @JolyonMaugham
@JolyonMaugham Not sure what u mean? I maybe being a bit dim (I am not advocating this is what they did - just thinking aloud whatmight be)1 reply 0 retweets 0 likes -
Replying to @MForstater
@MForstater £13.8m extra represents tax on £69m which is 1% of £6.5bn of sales (although a slightly higher % of $6.5bn)#LawyerMath1 reply 0 retweets 0 likes -
Replying to @JolyonMaugham
@JolyonMaugham - why not commercial? On top of all costs inc. bonuses to individuals. Not like car dealership. No risk tied up in inventory1 reply 0 retweets 0 likes -
Replying to @MForstater
@MForstater query the analogy. But why pay any bonus to wholly owned group company operating on fixed margin selling to a captive customer?1 reply 0 retweets 0 likes
@JolyonMaugham Pressure? Face saving on all sides? ..clearly that has backfired! Your £200m number implies they should pay a 25% commission?
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Replying to @MForstater
@MForstater it's certainly backfired. Anyway, must crack on.0 replies 0 retweets 0 likesThanks. Twitter will use this to make your timeline better. UndoUndo
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