FabSwingers.com > Forums > Politics > Brexit, excuse to hike prices.
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"Look at the make and get off the net (no pun intended!)" I tried that and couldn't find them elsewhere, I bought some more from another shop anyway but I just thought I'd have a rant. | |||
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"I'd go back and question if they were in stick before brexit .i doubt they were a new delivery tbh ...brexit is being used for a lot of reasons mainly money making ...sad but true ..as above go online see if you can get them " In stock sorry | |||
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"I went to Dunelm Mill on Friday to buy bedroom curtains. I chose some that were 34.99 for the size I needed, I needed two pairs but I didn't buy them there and then because I wanted to double check the measurements. I went back to get them today but the price had gone up to 45 quid a pair. I queried this with staff and was told everything had gone up due to Brexit. What a load of bollocks, that's an increase of nearly 30%. I was fuming and didn't buy them. Ridiculous excuse for such a price rise. " not quite "because" of brexit as such.... but you could call it a "consequence" of brexit... because the pound fell about 20% in value against the dollar and the Euro.... which means if it was made overseas, it will automatically end up costing more than it did... | |||
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"As mentioned above. It isn't that far fetched as the pound has fallen a similar amount. We're due for some tough times ahead. My holiday cost me around 25% more." I was on the tesla waiting list for the car i am looking at getting... we all got emails saying the price was going up because of the devaluation of the pound... can't say i am happy.. but i knew it was coming | |||
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"get used to it...the morons that voted for it seemed oblivious to the consequences despite them being spelled out very clearly!" 'Morons' seems a bit OTT | |||
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"get used to it...the morons that voted for it seemed oblivious to the consequences despite them being spelled out very clearly! 'Morons' seems a bit OTT" yes, sorry...bit too specific...a mixture of ill informed, ill educated,blinkered or downright dumb...take your pick! | |||
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"get used to it...the morons that voted for it seemed oblivious to the consequences despite them being spelled out very clearly! 'Morons' seems a bit OTT yes, sorry...bit too specific...a mixture of ill informed, ill educated,blinkered or downright dumb...take your pick!" I voted leave. I don't think I'm any of the above | |||
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"I voted leave. I don't think I'm any of the above" So your one of the millionaire business owners that sees brexit as a way to shake off H&S and working regulation to further enrich yourself at the cost of your workers and British society in general... What, no your a normal working stiff... Guess regardless of how you see yourself Mr John Lennon had you pegged!: "Keep you doped with religion, and sex, and T.V. And you think you're so clever and classless and free But you're still fucking peasants as far as I can see" | |||
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"get used to it...the morons that voted for it seemed oblivious to the consequences despite them being spelled out very clearly!" The "thickies" and "sore losers" has been done to death in this forum. Tit for tat has been superseded by more intelligent debate. | |||
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"get used to it...the morons that voted for it seemed oblivious to the consequences despite them being spelled out very clearly! The "thickies" and "sore losers" has been done to death in this forum. Tit for tat has been superseded by more intelligent debate. " You could have fooled me | |||
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"get used to it...the morons that voted for it seemed oblivious to the consequences despite them being spelled out very clearly! The "thickies" and "sore losers" has been done to death in this forum. Tit for tat has been superseded by more intelligent debate. You could have fooled me" Just put brexit in the title and the rant brigade come out | |||
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"get used to it...the morons that voted for it seemed oblivious to the consequences despite them being spelled out very clearly! The "thickies" and "sore losers" has been done to death in this forum. Tit for tat has been superseded by more intelligent debate. " oh im sure it has,i'm not particularly interested in a debate,i was just responding to a previous comment. | |||
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"get used to it...the morons that voted for it seemed oblivious to the consequences despite them being spelled out very clearly! 'Morons' seems a bit OTT yes, sorry...bit too specific...a mixture of ill informed, ill educated,blinkered or downright dumb...take your pick!" You missed out well off and can afford the increases | |||
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"get used to it...the morons that voted for it seemed oblivious to the consequences despite them being spelled out very clearly! 'Morons' seems a bit OTT yes, sorry...bit too specific...a mixture of ill informed, ill educated,blinkered or downright dumb...take your pick! You missed out well off and can afford the increases " ah, yes,tax dodgers..forgot them! | |||
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"when i mentioned why prices had gone the way they had i didn't want a fight to break.. just explaining what had happened for clarity... anyone who drives will have noticed petrol prices creeping up and up again" I have seen diesel prices in 2007 as low as £1.35 per litre long before we even thought of leaving | |||
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"get used to it...the morons that voted for it seemed oblivious to the consequences despite them being spelled out very clearly! 'Morons' seems a bit OTT yes, sorry...bit too specific...a mixture of ill informed, ill educated,blinkered or downright dumb...take your pick! You missed out well off and can afford the increases ah, yes,tax dodgers..forgot them!" Can't mean me. I pay more tax each year than the uk average income. I probably pay your benefits | |||
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"get used to it...the morons that voted for it seemed oblivious to the consequences despite them being spelled out very clearly! 'Morons' seems a bit OTT yes, sorry...bit too specific...a mixture of ill informed, ill educated,blinkered or downright dumb...take your pick! You missed out well off and can afford the increases ah, yes,tax dodgers..forgot them! Can't mean me. I pay more tax each year than the uk average income. I probably pay your benefits " i dont claim benefits...i work 12-14 hour days...but i am happy to pay tax for people that need to rely on benefits..which i have have had to do in the past. | |||
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"when i mentioned why prices had gone the way they had i didn't want a fight to break.. just explaining what had happened for clarity... anyone who drives will have noticed petrol prices creeping up and up again I have seen diesel prices in 2007 as low as £1.35 per litre long before we even thought of leaving" I got it wrong by a year and nearly 2 pence July 2008 Petrol 119.5 p/litre Diesel 133.1 p/litre (Difference 13.6 p/litre) Oil $125.11 / barrel Two days after our mid-month report (17 July) petrol and diesel prices peaked at 119.7 ppl and 133.25 ppl respectively. The pace of price rise had slowed from the beginning of July but the price of oil continued to rise, hitting an all-time high of $147 mid month. The price of diesel had reached £6 a gallon and a 50-litre tank of petrol cost £11.46 more than a year before. A family with two petrol cars was spending £49.11 extra a month on fuel compared to 12 months before. In early July, the US Treasury raised the mileage allowance for workers using their cars on business but pleas from UK volunteer and working drivers fell on deaf ears in Government. | |||
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"I voted leave. I don't think I'm any of the above So your one of the millionaire business owners that sees brexit as a way to shake off H&S and working regulation to further enrich yourself at the cost of your workers and British society in general... What, no your a normal working stiff... Guess regardless of how you see yourself Mr John Lennon had you pegged!: "Keep you doped with religion, and sex, and T.V. And you think you're so clever and classless and free But you're still fucking peasants as far as I can see"" Love that quote | |||
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"I went to Dunelm Mill on Friday to buy bedroom curtains. I chose some that were 34.99 for the size I needed, I needed two pairs but I didn't buy them there and then because I wanted to double check the measurements. I went back to get them today but the price had gone up to 45 quid a pair. I queried this with staff and was told everything had gone up due to Brexit. What a load of bollocks, that's an increase of nearly 30%. I was fuming and didn't buy them. Ridiculous excuse for such a price rise. " I bet they won't say that when there profits go up.Companies are using brexit as an excuse to rip us of more than ever in some cases. I congratulate you for not buying | |||
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" Love that quote " I thank you *bow* | |||
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"get used to it...the morons that voted for it seemed oblivious to the consequences despite them being spelled out very clearly! The "thickies" and "sore losers" has been done to death in this forum. Tit for tat has been superseded by more intelligent debate. You could have fooled me" Well clearly the BREXIT leave campaign did so maybe fooling you's not so difficult. | |||
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" I have seen diesel prices in 2007 as low as £1.35 per litre long before we even thought of leaving" that is because oil was trading a lot lot higher price was that it is now... even relative to where the exchange rate would have been at the time..... petrol prices are now the highest they have been in 2 years for two reasons.. a) the devaluation of the pound (oil is priced in us dollars) b) opec countries finally got their shit together and decided to reduce the amount of barrels of oil they produce per day to cut supply..... | |||
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"when i mentioned why prices had gone the way they had i didn't want a fight to break.. just explaining what had happened for clarity... anyone who drives will have noticed petrol prices creeping up and up again I have seen diesel prices in 2007 as low as £1.35 per litre long before we even thought of leaving I got it wrong by a year and nearly 2 pence July 2008 Petrol 119.5 p/litre Diesel 133.1 p/litre (Difference 13.6 p/litre) Oil $125.11 / barrel Two days after our mid-month report (17 July) petrol and diesel prices peaked at 119.7 ppl and 133.25 ppl respectively. The pace of price rise had slowed from the beginning of July but the price of oil continued to rise, hitting an all-time high of $147 mid month. The price of diesel had reached £6 a gallon and a 50-litre tank of petrol cost £11.46 more than a year before. A family with two petrol cars was spending £49.11 extra a month on fuel compared to 12 months before. In early July, the US Treasury raised the mileage allowance for workers using their cars on business but pleas from UK volunteer and working drivers fell on deaf ears in Government. " and you answered your own point in 1 simple fact.... Oil $125.11 / barrel the price of oil today is..... $55.84 | |||
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"I voted leave because I see the influx of unskilled and semi-skilled labour from Eastern Europe as being deflationary on wages, while simultaneously inflationary on house prices and rents. I see that Britain needs to invest to plug skills gaps long term rather than use immigrants on poor contracts, on zero hours, and with few rights (hence giving birth in the toilet rather than not go to work for fear of the sack etc.) I voted Leave because I live in area decimated by cheaper European imports (coal from Germany) which led to the destruction of the coal mining area where I live. I voted leave because I look at the failing economies of Ireland, Spain, Portugal, Italy and, of course, Greece. I have read of rates of zero unemployment- pre EEC times, of course. Conversely I have lived through unemployment going through one, two and then three million- all after joining the EU, of course. Inflation is a concern but was always likely to hit, whether we voted Leave or not. Oil prices had been artificially low for far too long. Sooner or later they were going to rise. I hope Britain can trade effectively and decisively with India, China and the US, all of which should be possible, irrespective of whether or not we are in the EU. And I contend I'm neither a moron or peasant, as two posters have stated, above" You are a normal person not like the ignorant people that criticise you | |||
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"I voted leave because I see the influx of unskilled and semi-skilled labour from Eastern Europe as being deflationary on wages, while simultaneously inflationary on house prices and rents. I see that Britain needs to invest to plug skills gaps long term rather than use immigrants on poor contracts, on zero hours, and with few rights (hence giving birth in the toilet rather than not go to work for fear of the sack etc.) I voted Leave because I live in area decimated by cheaper European imports (coal from Germany) which led to the destruction of the coal mining area where I live. I voted leave because I look at the failing economies of Ireland, Spain, Portugal, Italy and, of course, Greece. I have read of rates of zero unemployment- pre EEC times, of course. Conversely I have lived through unemployment going through one, two and then three million- all after joining the EU, of course. Inflation is a concern but was always likely to hit, whether we voted Leave or not. Oil prices had been artificially low for far too long. Sooner or later they were going to rise. I hope Britain can trade effectively and decisively with India, China and the US, all of which should be possible, irrespective of whether or not we are in the EU. And I contend I'm neither a moron or peasant, as two posters have stated, aboveYou are a normal person not like the ignorant people that criticise you" This probably sums up the feeling of most leave voters ,for me it was also about the whole infrastructure of the country ..if you can't house and medicate the people already here ...how do you cope with more ? | |||
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"when i mentioned why prices had gone the way they had i didn't want a fight to break.. just explaining what had happened for clarity... anyone who drives will have noticed petrol prices creeping up and up again I have seen diesel prices in 2007 as low as £1.35 per litre long before we even thought of leaving I got it wrong by a year and nearly 2 pence July 2008 Petrol 119.5 p/litre Diesel 133.1 p/litre (Difference 13.6 p/litre) Oil $125.11 / barrel Two days after our mid-month report (17 July) petrol and diesel prices peaked at 119.7 ppl and 133.25 ppl respectively. The pace of price rise had slowed from the beginning of July but the price of oil continued to rise, hitting an all-time high of $147 mid month. The price of diesel had reached £6 a gallon and a 50-litre tank of petrol cost £11.46 more than a year before. A family with two petrol cars was spending £49.11 extra a month on fuel compared to 12 months before. In early July, the US Treasury raised the mileage allowance for workers using their cars on business but pleas from UK volunteer and working drivers fell on deaf ears in Government. and you answered your own point in 1 simple fact.... Oil $125.11 / barrel the price of oil today is..... $55.84 " Well spotted lol. ...just wanted to back up my original post...but your right I can't argue with that one I just dropped in from the lounge as it was posted there....and I can't believe people are still so hot headed in here about us leaving the EU | |||
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"I can't believe people are still so hot headed in here about us leaving the EU " I cant believe so many people are so apathetic that they are not even slightly concerned about the 20% (so far) drop in the value of the £ and the effect that has to have on the costs and profitability of any business that relies on imports... I do not know of a singe business that does not rely on imports. | |||
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"I can't believe people are still so hot headed in here about us leaving the EU I cant believe so many people are so apathetic that they are not even slightly concerned about the 20% (so far) drop in the value of the £ and the effect that has to have on the costs and profitability of any business that relies on imports... I do not know of a singe business that does not rely on imports." blind stupidity..i try and be rational,give people the benefit of the doubt... but its the only conclusion i can reach..utter blind, ignorant stupidity...and we will all have to suffer the consequences for years to come.. | |||
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"I can't believe people are still so hot headed in here about us leaving the EU I cant believe so many people are so apathetic that they are not even slightly concerned about the 20% (so far) drop in the value of the £ and the effect that has to have on the costs and profitability of any business that relies on imports... I do not know of a singe business that does not rely on imports." Maybe I just accept the things that I cannot change....and maybe so should you as all the ranting is not going to change anything...but your health! | |||
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"I can't believe people are still so hot headed in here about us leaving the EU I cant believe so many people are so apathetic that they are not even slightly concerned about the 20% (so far) drop in the value of the £ and the effect that has to have on the costs and profitability of any business that relies on imports... I do not know of a singe business that does not rely on imports. Maybe I just accept the things that I cannot change....and maybe so should you as all the ranting is not going to change anything...but your health!" im not ranting at all..just voicing an opinion...and i firmly believe in my ability to voice it ,i can move to change things...apathy is what got us in this mess! | |||
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"I can't believe people are still so hot headed in here about us leaving the EU I cant believe so many people are so apathetic that they are not even slightly concerned about the 20% (so far) drop in the value of the £ and the effect that has to have on the costs and profitability of any business that relies on imports... I do not know of a singe business that does not rely on imports. Maybe I just accept the things that I cannot change....and maybe so should you as all the ranting is not going to change anything...but your health! im not ranting at all..just voicing an opinion...and i firmly believe in my ability to voice it ,i can move to change things...apathy is what got us in this mess!" Read the post....did I qoute you? No but you cannot help yourself in looking for a arguement | |||
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"I can't believe people are still so hot headed in here about us leaving the EU I cant believe so many people are so apathetic that they are not even slightly concerned about the 20% (so far) drop in the value of the £ and the effect that has to have on the costs and profitability of any business that relies on imports... I do not know of a singe business that does not rely on imports. Maybe I just accept the things that I cannot change....and maybe so should you as all the ranting is not going to change anything...but your health! im not ranting at all..just voicing an opinion...and i firmly believe in my ability to voice it ,i can move to change things...apathy is what got us in this mess! Read the post....did I qoute you? No but you cannot help yourself in looking for a arguement " im not arguing at all..theres a big difference between arguinng and voicing an opinion. | |||
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"I can't believe people are still so hot headed in here about us leaving the EU I cant believe so many people are so apathetic that they are not even slightly concerned about the 20% (so far) drop in the value of the £ and the effect that has to have on the costs and profitability of any business that relies on imports... I do not know of a singe business that does not rely on imports. Maybe I just accept the things that I cannot change....and maybe so should you as all the ranting is not going to change anything...but your health! im not ranting at all..just voicing an opinion...and i firmly believe in my ability to voice it ,i can move to change things...apathy is what got us in this mess! Read the post....did I qoute you? No but you cannot help yourself in looking for a arguement im not arguing at all..theres a big difference between arguinng and voicing an opinion." We will have to agree to disagree....and on that note I will bid you goodnight. | |||
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"Maybe I just accept the things that I cannot change....and maybe so should you as all the ranting is not going to change anything...but your health!" Maybe the problem is that too many people just accept that they have been lied to and cant change things. So those who did the lying get to walk away clean and get to have their replacements do it all over again a few years down the line but pushing the boundaries a little bit further. Maybe you (and the majority you represent) are sleepwalking into a dystopian nightmare while telling those of us who are trying to wake you that we need to join you in your dreamlike state of relaxation while the lunatics take over the asylum. | |||
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"Maybe I just accept the things that I cannot change....and maybe so should you as all the ranting is not going to change anything...but your health! Maybe the problem is that too many people just accept that they have been lied to and cant change things. So those who did the lying get to walk away clean and get to have their replacements do it all over again a few years down the line but pushing the boundaries a little bit further. Maybe you (and the majority you represent) are sleepwalking into a dystopian nightmare while telling those of us who are trying to wake you that we need to join you in your dreamlike state of relaxation while the lunatics take over the asylum." exactly! our apathy is our downfall in this country at the moment.. | |||
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"Maybe I just accept the things that I cannot change....and maybe so should you as all the ranting is not going to change anything...but your health! Maybe the problem is that too many people just accept that they have been lied to and cant change things. So those who did the lying get to walk away clean and get to have their replacements do it all over again a few years down the line but pushing the boundaries a little bit further. Maybe you (and the majority you represent) are sleepwalking into a dystopian nightmare while telling those of us who are trying to wake you that we need to join you in your dreamlike state of relaxation while the lunatics take over the asylum." Mate I have accepted the vote and heard all the arguments....but that was for a few weeks after the vote...then as I said I came in here following a post I had left when it was in the lounge....and bugger me both sides are still acting like kid squabbling in the playground..... I can do fuck all about and neither can you....I totally get your angry but ffs do you really think ranting on on here will change anything? No it wont ....you will let this take over your life for what? Upsetting a few people on here who do not agree with you....I find the whole thing sad!! | |||
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"I voted leave because I see the influx of unskilled and semi-skilled labour from Eastern Europe as being deflationary on wages, while simultaneously inflationary on house prices and rents. I see that Britain needs to invest to plug skills gaps long term rather than use immigrants on poor contracts, on zero hours, and with few rights (hence giving birth in the toilet rather than not go to work for fear of the sack etc.) I voted Leave because I live in area decimated by cheaper European imports (coal from Germany) which led to the destruction of the coal mining area where I live. I voted leave because I look at the failing economies of Ireland, Spain, Portugal, Italy and, of course, Greece. I have read of rates of zero unemployment- pre EEC times, of course. Conversely I have lived through unemployment going through one, two and then three million- all after joining the EU, of course. Inflation is a concern but was always likely to hit, whether we voted Leave or not. Oil prices had been artificially low for far too long. Sooner or later they were going to rise. I hope Britain can trade effectively and decisively with India, China and the US, all of which should be possible, irrespective of whether or not we are in the EU. And I contend I'm neither a moron or peasant, as two posters have stated, above" Blaming the demise of the coal industry on the EU is desperation.....have you forgotten that Thatcher set about killing mining? Oil prices are in $.....they didnt have to move for the price to go up 20% with the fall in sterling | |||
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"I can't believe people are still so hot headed in here about us leaving the EU I cant believe so many people are so apathetic that they are not even slightly concerned about the 20% (so far) drop in the value of the £ and the effect that has to have on the costs and profitability of any business that relies on imports... I do not know of a singe business that does not rely on imports. blind stupidity..i try and be rational,give people the benefit of the doubt... but its the only conclusion i can reach..utter blind, ignorant stupidity...and we will all have to suffer the consequences for years to come.." The pound is expected to rise to pre referendum levels before the end of the year. | |||
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"I can't believe people are still so hot headed in here about us leaving the EU I cant believe so many people are so apathetic that they are not even slightly concerned about the 20% (so far) drop in the value of the £ and the effect that has to have on the costs and profitability of any business that relies on imports... I do not know of a singe business that does not rely on imports. blind stupidity..i try and be rational,give people the benefit of the doubt... but its the only conclusion i can reach..utter blind, ignorant stupidity...and we will all have to suffer the consequences for years to come.. The pound is expected to rise to pre referendum levels before the end of the year." Hang on, it's all these now cheaper exports that are gonna save everyone's ass isn't it? | |||
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"I can't believe people are still so hot headed in here about us leaving the EU I cant believe so many people are so apathetic that they are not even slightly concerned about the 20% (so far) drop in the value of the £ and the effect that has to have on the costs and profitability of any business that relies on imports... I do not know of a singe business that does not rely on imports. blind stupidity..i try and be rational,give people the benefit of the doubt... but its the only conclusion i can reach..utter blind, ignorant stupidity...and we will all have to suffer the consequences for years to come.. The pound is expected to rise to pre referendum levels before the end of the year. Hang on, it's all these now cheaper exports that are gonna save everyone's ass isn't it?" I didn't say that it was a good thing did I? | |||
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"I went to Dunelm Mill on Friday to buy bedroom curtains. I chose some that were 34.99 for the size I needed, I needed two pairs but I didn't buy them there and then because I wanted to double check the measurements. I went back to get them today but the price had gone up to 45 quid a pair. I queried this with staff and was told everything had gone up due to Brexit. What a load of bollocks, that's an increase of nearly 30%. I was fuming and didn't buy them. Ridiculous excuse for such a price rise. not quite "because" of brexit as such.... but you could call it a "consequence" of brexit... because the pound fell about 20% in value against the dollar and the Euro.... which means if it was made overseas, it will automatically end up costing more than it did..." Funny that when the pound rises prices don't fall though. For as long as I can remember companies 'make hay while the sun shines' in order to maximise profits. Decimilisation? Everything went up. The half pence going? Everything rounded up. Price rises always used to be blamed on above inflation wage rises... Now there's no above inflation wage rises, price rises are blamed on increasing cost of materials. Every recession we've had since 1973? An excuse to cut jobs. The banks do something similar...remember when tracker mortgages were 0.5% above bank base rate? I've even been asked if my company need to put our prices up 'because of Brexit'.... The large majority of our work is labour only! | |||
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"when i mentioned why prices had gone the way they had i didn't want a fight to break.. just explaining what had happened for clarity... anyone who drives will have noticed petrol prices creeping up and up again" Isn't that also due to OPEC reducing production to increase the barrel price? | |||
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"I can't believe people are still so hot headed in here about us leaving the EU I cant believe so many people are so apathetic that they are not even slightly concerned about the 20% (so far) drop in the value of the £ and the effect that has to have on the costs and profitability of any business that relies on imports... I do not know of a singe business that does not rely on imports." Just before the referendum both the IMF and the BoE said the pound was overvalued...the IMF stated by "up to 20%". The drop in the pound would have come at some point. | |||
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"I can't believe people are still so hot headed in here about us leaving the EU I cant believe so many people are so apathetic that they are not even slightly concerned about the 20% (so far) drop in the value of the £ and the effect that has to have on the costs and profitability of any business that relies on imports... I do not know of a singe business that does not rely on imports." My business doesn't import at all....but we do export some of our products, selling in dollars. I know of other businesses that are similar. I was also at a meeting of a variety of businesses the other day, without exception all of them were saying business had increased since the referendum. | |||
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"Maybe I just accept the things that I cannot change....and maybe so should you as all the ranting is not going to change anything...but your health! Maybe the problem is that too many people just accept that they have been lied to and cant change things. So those who did the lying get to walk away clean and get to have their replacements do it all over again a few years down the line but pushing the boundaries a little bit further. Maybe you (and the majority you represent) are sleepwalking into a dystopian nightmare while telling those of us who are trying to wake you that we need to join you in your dreamlike state of relaxation while the lunatics take over the asylum." Or maybe it's you that have blindly accepted the lies, letting the lunatics take over the asylum.... And then 17.5 Million people said "we're not putting up with your lies anymore ". | |||
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"I voted leave because I see the influx of unskilled and semi-skilled labour from Eastern Europe as being deflationary on wages, while simultaneously inflationary on house prices and rents. I see that Britain needs to invest to plug skills gaps long term rather than use immigrants on poor contracts, on zero hours, and with few rights (hence giving birth in the toilet rather than not go to work for fear of the sack etc.) I voted Leave because I live in area decimated by cheaper European imports (coal from Germany) which led to the destruction of the coal mining area where I live. I voted leave because I look at the failing economies of Ireland, Spain, Portugal, Italy and, of course, Greece. I have read of rates of zero unemployment- pre EEC times, of course. Conversely I have lived through unemployment going through one, two and then three million- all after joining the EU, of course. Inflation is a concern but was always likely to hit, whether we voted Leave or not. Oil prices had been artificially low for far too long. Sooner or later they were going to rise. I hope Britain can trade effectively and decisively with India, China and the US, all of which should be possible, irrespective of whether or not we are in the EU. And I contend I'm neither a moron or peasant, as two posters have stated, above Blaming the demise of the coal industry on the EU is desperation.....have you forgotten that Thatcher set about killing mining? Oil prices are in $.....they didnt have to move for the price to go up 20% with the fall in sterling" There isn't any large scale deep coal mining left in western Europe; it's simply just too expensive to get out of the ground by that method. And we have to reduce our reliance on coal fired power stations to meet our climate change obligations. | |||
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"I went to Dunelm Mill on Friday to buy bedroom curtains. I chose some that were 34.99 for the size I needed, I needed two pairs but I didn't buy them there and then because I wanted to double check the measurements. I went back to get them today but the price had gone up to 45 quid a pair. I queried this with staff and was told everything had gone up due to Brexit. What a load of bollocks, that's an increase of nearly 30%. I was fuming and didn't buy them. Ridiculous excuse for such a price rise. not quite "because" of brexit as such.... but you could call it a "consequence" of brexit... because the pound fell about 20% in value against the dollar and the Euro.... which means if it was made overseas, it will automatically end up costing more than it did..." The OP said that the price of the curtains he wanted to buy at Dunelm went up over the weekend from £34.99 to £45. An incease of £10.01 over a 2 day period. The value of the pound didn't change that much over the weekend. Some companies are using Brexit as an excuse for profiteering and just another excuse to rip customers off. | |||
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"I went to Dunelm Mill on Friday to buy bedroom curtains. I chose some that were 34.99 for the size I needed, I needed two pairs but I didn't buy them there and then because I wanted to double check the measurements. I went back to get them today but the price had gone up to 45 quid a pair. I queried this with staff and was told everything had gone up due to Brexit. What a load of bollocks, that's an increase of nearly 30%. I was fuming and didn't buy them. Ridiculous excuse for such a price rise. not quite "because" of brexit as such.... but you could call it a "consequence" of brexit... because the pound fell about 20% in value against the dollar and the Euro.... which means if it was made overseas, it will automatically end up costing more than it did... The OP said that the price of the curtains he wanted to buy at Dunelm went up over the weekend from £34.99 to £45. An incease of £10.01 over a 2 day period. The value of the pound didn't change that much over the weekend. Some companies are using Brexit as an excuse for profiteering and just another excuse to rip customers off. " but as with electronic products... if they go up, as some point they are going to do up overnight.... he just got caught up that it just happened to be his "overnight".... | |||
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"As mentioned above. It isn't that far fetched as the pound has fallen a similar amount. We're due for some tough times ahead. My holiday cost me around 25% more. I was on the tesla waiting list for the car i am looking at getting... we all got emails saying the price was going up because of the devaluation of the pound... can't say i am happy.. but i knew it was coming" How many miles per battery charge? 200 miles? | |||
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"I went to Dunelm Mill on Friday to buy bedroom curtains. I chose some that were 34.99 for the size I needed, I needed two pairs but I didn't buy them there and then because I wanted to double check the measurements. I went back to get them today but the price had gone up to 45 quid a pair. I queried this with staff and was told everything had gone up due to Brexit. What a load of bollocks, that's an increase of nearly 30%. I was fuming and didn't buy them. Ridiculous excuse for such a price rise. " The pound had fallen by around 20%. So the import cost if the curtains will have gone up by that. But, the purchade price if the curtains will only be about 50% of what Dunelm are selling them for, so they could argue a 10% rise, not 30%. | |||
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"I can't believe people are still so hot headed in here about us leaving the EU I cant believe so many people are so apathetic that they are not even slightly concerned about the 20% (so far) drop in the value of the £ and the effect that has to have on the costs and profitability of any business that relies on imports... I do not know of a singe business that does not rely on imports." I am a manufacturer and import some components of the products we build. The fall in sterling has meant these imported elements are more expensive. But overall the drop is very positive for us. We export a lot and this makes our goods sold abroad much more competitive and as such are experiencing much higher export sales. I would say the drop in sterling is good news for all exporters and britsh manufacturers and producers. Hopefully it will help a long term revival of manufacturing and british grown goods. | |||
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"in our area all clients in our industry are being told to expect prices to rise by 1% per week this year" Wow 52% inflation that will soon get the countries debt down to a ,manageable level | |||
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"I’m guessing these curtains are probably made of cotton? When was the last time you saw cotton being grown in the UK? " The raw material does not have to be uk produced of course. Our great manufacturing industries are all based on the importation of raw materials, to which value is added. The cotton curtain has many steps between plant and window, these do not have to be carried out where the plant grows. | |||
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"I’m guessing these curtains are probably made of cotton? When was the last time you saw cotton being grown in the UK? The raw material does not have to be uk produced of course. Our great manufacturing industries are all based on the importation of raw materials, to which value is added. The cotton curtain has many steps between plant and window, these do not have to be carried out where the plant grows." But if the cotton is grown in a country with a currency other than GBP, then the price is going to be significantly higher now. | |||
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"I’m guessing these curtains are probably made of cotton? When was the last time you saw cotton being grown in the UK? The raw material does not have to be uk produced of course. Our great manufacturing industries are all based on the importation of raw materials, to which value is added. The cotton curtain has many steps between plant and window, these do not have to be carried out where the plant grows. But if the cotton is grown in a country with a currency other than GBP, then the price is going to be significantly higher now. " Depending on where its bought from currency accounts for between 10 and 18% increase in the raw material,if its made up here the raw material cost is pretty small part of the finished price so while a small increase is likely the 30% rise is just profiteering, unless of course its a presale price rise so they can then claim to be offering 30% off later in the year. | |||
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"I’m guessing these curtains are probably made of cotton? When was the last time you saw cotton being grown in the UK? The raw material does not have to be uk produced of course. Our great manufacturing industries are all based on the importation of raw materials, to which value is added. The cotton curtain has many steps between plant and window, these do not have to be carried out where the plant grows. But if the cotton is grown in a country with a currency other than GBP, then the price is going to be significantly higher now. " The raw material will be 20% more, yes. That's why the location of manufacture is important. If the cotton is grown in the usa, and the cotton woven in Mexico and made into curtains in Mexico, then the complete curtains will be 20% more for the importer (not the shop sales price) If the cotton is grown in the USA and spun into fabric in the UK, and made into curtains in the UK, then the cotton fleece will have risen by 20%, but that then is a much smaller proportion of the final sales price, so is much less significant. I realise many goods are entirely imported. I see this as a negative, regardless of the current Brexit / exchange rate debate. We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries. | |||
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"I’m guessing these curtains are probably made of cotton? When was the last time you saw cotton being grown in the UK? The raw material does not have to be uk produced of course. Our great manufacturing industries are all based on the importation of raw materials, to which value is added. The cotton curtain has many steps between plant and window, these do not have to be carried out where the plant grows. But if the cotton is grown in a country with a currency other than GBP, then the price is going to be significantly higher now. " So are you saying that increasing the price from £35 to £45 is fully justifiable as being due to increasing costs because of Brexit, and is nothing to do with profiteering? | |||
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"I’m guessing these curtains are probably made of cotton? When was the last time you saw cotton being grown in the UK? The raw material does not have to be uk produced of course. Our great manufacturing industries are all based on the importation of raw materials, to which value is added. The cotton curtain has many steps between plant and window, these do not have to be carried out where the plant grows. But if the cotton is grown in a country with a currency other than GBP, then the price is going to be significantly higher now. So are you saying that increasing the price from £35 to £45 is fully justifiable as being due to increasing costs because of Brexit, and is nothing to do with profiteering?" No he just wants anything negative to be blamed on brexit,he knows its not down to currency, either that or he has no idea on how the final sale price is made up and I dont think he is that daft | |||
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"I’m guessing these curtains are probably made of cotton? When was the last time you saw cotton being grown in the UK? The raw material does not have to be uk produced of course. Our great manufacturing industries are all based on the importation of raw materials, to which value is added. The cotton curtain has many steps between plant and window, these do not have to be carried out where the plant grows. But if the cotton is grown in a country with a currency other than GBP, then the price is going to be significantly higher now. So are you saying that increasing the price from £35 to £45 is fully justifiable as being due to increasing costs because of Brexit, and is nothing to do with profiteering? No he just wants anything negative to be blamed on brexit,he knows its not down to currency, either that or he has no idea on how the final sale price is made up and I dont think he is that daft" .. | |||
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"I’m guessing these curtains are probably made of cotton? When was the last time you saw cotton being grown in the UK? The raw material does not have to be uk produced of course. Our great manufacturing industries are all based on the importation of raw materials, to which value is added. The cotton curtain has many steps between plant and window, these do not have to be carried out where the plant grows. But if the cotton is grown in a country with a currency other than GBP, then the price is going to be significantly higher now. The raw material will be 20% more, yes. That's why the location of manufacture is important. If the cotton is grown in the usa, and the cotton woven in Mexico and made into curtains in Mexico, then the complete curtains will be 20% more for the importer (not the shop sales price) If the cotton is grown in the USA and spun into fabric in the UK, and made into curtains in the UK, then the cotton fleece will have risen by 20%, but that then is a much smaller proportion of the final sales price, so is much less significant. I realise many goods are entirely imported. I see this as a negative, regardless of the current Brexit / exchange rate debate. We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries." If you want more manufacturing in the UK then Brexit is going to be as useful as a bullet to the brain. Free trade deal with China and India are going to decimate UK manufacturing. | |||
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"I’m guessing these curtains are probably made of cotton? When was the last time you saw cotton being grown in the UK? The raw material does not have to be uk produced of course. Our great manufacturing industries are all based on the importation of raw materials, to which value is added. The cotton curtain has many steps between plant and window, these do not have to be carried out where the plant grows. But if the cotton is grown in a country with a currency other than GBP, then the price is going to be significantly higher now. The raw material will be 20% more, yes. That's why the location of manufacture is important. If the cotton is grown in the usa, and the cotton woven in Mexico and made into curtains in Mexico, then the complete curtains will be 20% more for the importer (not the shop sales price) If the cotton is grown in the USA and spun into fabric in the UK, and made into curtains in the UK, then the cotton fleece will have risen by 20%, but that then is a much smaller proportion of the final sales price, so is much less significant. I realise many goods are entirely imported. I see this as a negative, regardless of the current Brexit / exchange rate debate. We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries. If you want more manufacturing in the UK then Brexit is going to be as useful as a bullet to the brain. Free trade deal with China and India are going to decimate UK manufacturing." Those experts at Consultants PcW say the UK economy is going to be the fastest growing economy in the G7 for the next 30 years though and we all know you put all of your faith and belief in what the experts say. | |||
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" We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries. If you want more manufacturing in the UK then Brexit is going to be as useful as a bullet to the brain. Free trade deal with China and India are going to decimate UK manufacturing." Since you didn't understand the cotton / curtain thing , I'm tempted to go with my 25 years of manufacturing and import export experience over your prediction. | |||
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" We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries. If you want more manufacturing in the UK then Brexit is going to be as useful as a bullet to the brain. Free trade deal with China and India are going to decimate UK manufacturing. Since you didn't understand the cotton / curtain thing , I'm tempted to go with my 25 years of manufacturing and import export experience over your prediction." Funny isn't it? Free trade deals with China and India, who have much lower wage rates and cost of living than the UK, will screw the UK's economy, and yet free trade between the UK and the rest of the EU, particularly those countries that have much lower wage rates and cost of living, will help us prosper.... | |||
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" Those experts at Consultants PcW say the UK economy is going to be the fastest growing economy in the G7 for the next 30 years though and we all know you put all of your faith and belief in what the experts say. " This is a highly questionable forecast and a critical assumption of it was that we will have good deals in place with the rest of the world to replace the less favourable terms we will probably get with the EU. The forecast, with that assumption built in, remarks that they think the impact of brexit will therefore be over by 2020. I don't think there are many brexit voters who now think we will have a ready to go trade deal with the EU in April 2019, two years after art 50 is triggered. The forecast is fanciful in the extreme to think within a year after that we will have trade deals with dozens of important countries around the world worked out, signed and in force less than a year after that. It's just a fantasy world. However that is not even the main reason why Centaurs triumphalist point makes him look a dick. Our average annual growth prior to joining the EU was the worst of the G7. Since joining we have the HIGHEST average annual growth of the G7. So we are already doing it as we are now. No need to require some unrealistic developments to come to pass to maintain this. | |||
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" Those experts at Consultants PcW say the UK economy is going to be the fastest growing economy in the G7 for the next 30 years though and we all know you put all of your faith and belief in what the experts say. This is a highly questionable forecast and a critical assumption of it was that we will have good deals in place with the rest of the world to replace the less favourable terms we will probably get with the EU. The forecast, with that assumption built in, remarks that they think the impact of brexit will therefore be over by 2020. I don't think there are many brexit voters who now think we will have a ready to go trade deal with the EU in April 2019, two years after art 50 is triggered. The forecast is fanciful in the extreme to think within a year after that we will have trade deals with dozens of important countries around the world worked out, signed and in force less than a year after that. It's just a fantasy world. " The international trade secretary Liam Fox seems to think otherwise. He is already putting the ground work in for those other trade deals around the world now with countries like the USA, China, India and Australia. Donald Trump has already indicated he wants a bilateral trade deal with the UK 'as soon as possible', and as soon as our exit from the EU is complete we could in theory sign those other trade deals the very next day if the ground work is already done all that would be required is a signature from Teresa May. | |||
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" The international trade secretary Liam Fox seems to think otherwise. He is already putting the ground work in for those other trade deals around the world now with countries like the USA, China, India and Australia. Donald Trump has already indicated he wants a bilateral trade deal with the UK 'as soon as possible', and as soon as our exit from the EU is complete we could in theory sign those other trade deals the very next day if the ground work is already done all that would be required is a signature from Teresa May. " but as been pointed out more than once when people mention this "wonderful deal" we are suppose to be getting with the US, the UK is a prime example of a country that trump would go after in a trade deal because there is an imbalance of trade of 2 to 1 in the uk's favour.... "america first!" doesn't work in a 2 to 1 against you enviroment you seem to think you will get a sweetheart deal from the EU and the US.... wow... you need this deal more than them! what are you going to have to give up to get this deal done as quick as you seem to think it will.... also.... if the deal gets done in lets say late 19/early 20.... that will throw it right in the midst's of the 2020 presidential race.... he will get slaughtered all over the place if others can say to him "that UK trade deal you did was worse than the one we had!!!, thought you said the art of the deal was your thing!" ... and so much for america first! | |||
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" We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries. If you want more manufacturing in the UK then Brexit is going to be as useful as a bullet to the brain. Free trade deal with China and India are going to decimate UK manufacturing. Since you didn't understand the cotton / curtain thing , I'm tempted to go with my 25 years of manufacturing and import export experience over your prediction. Funny isn't it? Free trade deals with China and India, who have much lower wage rates and cost of living than the UK, will screw the UK's economy, and yet free trade between the UK and the rest of the EU, particularly those countries that have much lower wage rates and cost of living, will help us prosper.... " Exactly, they have much lower wages, and much cheaper raw materials (see the cotton curtain thing above) so why the fuck would would a manufacturer continue to build things here, when Brexiters will have made it even cheaper to make things over there? | |||
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" We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries. If you want more manufacturing in the UK then Brexit is going to be as useful as a bullet to the brain. Free trade deal with China and India are going to decimate UK manufacturing. Since you didn't understand the cotton / curtain thing , I'm tempted to go with my 25 years of manufacturing and import export experience over your prediction. Funny isn't it? Free trade deals with China and India, who have much lower wage rates and cost of living than the UK, will screw the UK's economy, and yet free trade between the UK and the rest of the EU, particularly those countries that have much lower wage rates and cost of living, will help us prosper.... Exactly, they have much lower wages, and much cheaper raw materials (see the cotton curtain thing above) so why the fuck would would a manufacturer continue to build things here, when Brexiters will have made it even cheaper to make things over there? " That James Dyson was such a visionary! | |||
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" We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries. If you want more manufacturing in the UK then Brexit is going to be as useful as a bullet to the brain. Free trade deal with China and India are going to decimate UK manufacturing. Since you didn't understand the cotton / curtain thing , I'm tempted to go with my 25 years of manufacturing and import export experience over your prediction. Funny isn't it? Free trade deals with China and India, who have much lower wage rates and cost of living than the UK, will screw the UK's economy, and yet free trade between the UK and the rest of the EU, particularly those countries that have much lower wage rates and cost of living, will help us prosper.... Exactly, they have much lower wages, and much cheaper raw materials (see the cotton curtain thing above) so why the fuck would would a manufacturer continue to build things here, when Brexiters will have made it even cheaper to make things over there? " Yes, so why the Fuck would it be better being in the EU then, where nearly every country has lower wages than the UK? | |||
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" We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries. If you want more manufacturing in the UK then Brexit is going to be as useful as a bullet to the brain. Free trade deal with China and India are going to decimate UK manufacturing. Since you didn't understand the cotton / curtain thing , I'm tempted to go with my 25 years of manufacturing and import export experience over your prediction. Funny isn't it? Free trade deals with China and India, who have much lower wage rates and cost of living than the UK, will screw the UK's economy, and yet free trade between the UK and the rest of the EU, particularly those countries that have much lower wage rates and cost of living, will help us prosper.... Exactly, they have much lower wages, and much cheaper raw materials (see the cotton curtain thing above) so why the fuck would would a manufacturer continue to build things here, when Brexiters will have made it even cheaper to make things over there? Yes, so why the Fuck would it be better being in the EU then, where nearly every country has lower wages than the UK?" And btw, you still haven't explained how a price increase from £35 to £45 can be entirely due to Brexit. | |||
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" We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries. If you want more manufacturing in the UK then Brexit is going to be as useful as a bullet to the brain. Free trade deal with China and India are going to decimate UK manufacturing. Since you didn't understand the cotton / curtain thing , I'm tempted to go with my 25 years of manufacturing and import export experience over your prediction. Funny isn't it? Free trade deals with China and India, who have much lower wage rates and cost of living than the UK, will screw the UK's economy, and yet free trade between the UK and the rest of the EU, particularly those countries that have much lower wage rates and cost of living, will help us prosper.... Exactly, they have much lower wages, and much cheaper raw materials (see the cotton curtain thing above) so why the fuck would would a manufacturer continue to build things here, when Brexiters will have made it even cheaper to make things over there? Yes, so why the Fuck would it be better being in the EU then, where nearly every country has lower wages than the UK?" Because French and German wages are much more comparable to UK wages than Indian or Chinese wages, surely you can see this? Le Pen and Trump see this, that's why they are turning away from globalisation, jobs flow one way, and cheap goods flow the other way. | |||
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" We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries. If you want more manufacturing in the UK then Brexit is going to be as useful as a bullet to the brain. Free trade deal with China and India are going to decimate UK manufacturing. Since you didn't understand the cotton / curtain thing , I'm tempted to go with my 25 years of manufacturing and import export experience over your prediction. Funny isn't it? Free trade deals with China and India, who have much lower wage rates and cost of living than the UK, will screw the UK's economy, and yet free trade between the UK and the rest of the EU, particularly those countries that have much lower wage rates and cost of living, will help us prosper.... Exactly, they have much lower wages, and much cheaper raw materials (see the cotton curtain thing above) so why the fuck would would a manufacturer continue to build things here, when Brexiters will have made it even cheaper to make things over there? Yes, so why the Fuck would it be better being in the EU then, where nearly every country has lower wages than the UK? And btw, you still haven't explained how a price increase from £35 to £45 can be entirely due to Brexit." I think you'll find that's what the OP said the company told him. | |||
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"I went to Dunelm Mill on Friday to buy bedroom curtains. I chose some that were 34.99 for the size I needed, I needed two pairs but I didn't buy them there and then because I wanted to double check the measurements. I went back to get them today but the price had gone up to 45 quid a pair. I queried this with staff and was told everything had gone up due to Brexit. What a load of bollocks, that's an increase of nearly 30%. I was fuming and didn't buy them. Ridiculous excuse for such a price rise. not quite "because" of brexit as such.... but you could call it a "consequence" of brexit... because the pound fell about 20% in value against the dollar and the Euro.... which means if it was made overseas, it will automatically end up costing more than it did... The OP said that the price of the curtains he wanted to buy at Dunelm went up over the weekend from £34.99 to £45. An incease of £10.01 over a 2 day period. The value of the pound didn't change that much over the weekend. Some companies are using Brexit as an excuse for profiteering and just another excuse to rip customers off. " Dunekm had a sale last week....but not this week....it's called bad timing! | |||
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" We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries. If you want more manufacturing in the UK then Brexit is going to be as useful as a bullet to the brain. Free trade deal with China and India are going to decimate UK manufacturing. Since you didn't understand the cotton / curtain thing , I'm tempted to go with my 25 years of manufacturing and import export experience over your prediction. Funny isn't it? Free trade deals with China and India, who have much lower wage rates and cost of living than the UK, will screw the UK's economy, and yet free trade between the UK and the rest of the EU, particularly those countries that have much lower wage rates and cost of living, will help us prosper.... Exactly, they have much lower wages, and much cheaper raw materials (see the cotton curtain thing above) so why the fuck would would a manufacturer continue to build things here, when Brexiters will have made it even cheaper to make things over there? Yes, so why the Fuck would it be better being in the EU then, where nearly every country has lower wages than the UK? And btw, you still haven't explained how a price increase from £35 to £45 can be entirely due to Brexit. I think you'll find that's what the OP said the company told him. " So you're saying it is using Brexit as an excuse to increase prices and profiteer then? How much do you think the import cost of a pair of curtains retailing at £35 would be? And then how much should the increase be due to the devaluation of sterling? | |||
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" We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries. If you want more manufacturing in the UK then Brexit is going to be as useful as a bullet to the brain. Free trade deal with China and India are going to decimate UK manufacturing. Since you didn't understand the cotton / curtain thing , I'm tempted to go with my 25 years of manufacturing and import export experience over your prediction. Funny isn't it? Free trade deals with China and India, who have much lower wage rates and cost of living than the UK, will screw the UK's economy, and yet free trade between the UK and the rest of the EU, particularly those countries that have much lower wage rates and cost of living, will help us prosper.... Exactly, they have much lower wages, and much cheaper raw materials (see the cotton curtain thing above) so why the fuck would would a manufacturer continue to build things here, when Brexiters will have made it even cheaper to make things over there? Yes, so why the Fuck would it be better being in the EU then, where nearly every country has lower wages than the UK? And btw, you still haven't explained how a price increase from £35 to £45 can be entirely due to Brexit. I think you'll find that's what the OP said the company told him. So you're saying it is using Brexit as an excuse to increase prices and profiteer then? How much do you think the import cost of a pair of curtains retailing at £35 would be? And then how much should the increase be due to the devaluation of sterling?" I don't work in curtain imports or sales, the people who do, have said that's the reason for the increase. | |||
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" We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries. If you want more manufacturing in the UK then Brexit is going to be as useful as a bullet to the brain. Free trade deal with China and India are going to decimate UK manufacturing. Since you didn't understand the cotton / curtain thing , I'm tempted to go with my 25 years of manufacturing and import export experience over your prediction. Funny isn't it? Free trade deals with China and India, who have much lower wage rates and cost of living than the UK, will screw the UK's economy, and yet free trade between the UK and the rest of the EU, particularly those countries that have much lower wage rates and cost of living, will help us prosper.... Exactly, they have much lower wages, and much cheaper raw materials (see the cotton curtain thing above) so why the fuck would would a manufacturer continue to build things here, when Brexiters will have made it even cheaper to make things over there? " You're getting mixed up again. The fall in Sterling has made imports more expensive. Do you remember the OP, where the curtains cost more? | |||
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" We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries. If you want more manufacturing in the UK then Brexit is going to be as useful as a bullet to the brain. Free trade deal with China and India are going to decimate UK manufacturing. Since you didn't understand the cotton / curtain thing , I'm tempted to go with my 25 years of manufacturing and import export experience over your prediction. Funny isn't it? Free trade deals with China and India, who have much lower wage rates and cost of living than the UK, will screw the UK's economy, and yet free trade between the UK and the rest of the EU, particularly those countries that have much lower wage rates and cost of living, will help us prosper.... Exactly, they have much lower wages, and much cheaper raw materials (see the cotton curtain thing above) so why the fuck would would a manufacturer continue to build things here, when Brexiters will have made it even cheaper to make things over there? Yes, so why the Fuck would it be better being in the EU then, where nearly every country has lower wages than the UK? And btw, you still haven't explained how a price increase from £35 to £45 can be entirely due to Brexit. I think you'll find that's what the OP said the company told him. So you're saying it is using Brexit as an excuse to increase prices and profiteer then? How much do you think the import cost of a pair of curtains retailing at £35 would be? And then how much should the increase be due to the devaluation of sterling? I don't work in curtain imports or sales, the people who do, have said that's the reason for the increase." You've voiced personal opinions on these forums on subjects you clearly dont have intimate knowledge of, in order to be negative about the UK and Brexit.... But when its the other way round, you can't comment? | |||
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" We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries. If you want more manufacturing in the UK then Brexit is going to be as useful as a bullet to the brain. Free trade deal with China and India are going to decimate UK manufacturing. Since you didn't understand the cotton / curtain thing , I'm tempted to go with my 25 years of manufacturing and import export experience over your prediction. Funny isn't it? Free trade deals with China and India, who have much lower wage rates and cost of living than the UK, will screw the UK's economy, and yet free trade between the UK and the rest of the EU, particularly those countries that have much lower wage rates and cost of living, will help us prosper.... Exactly, they have much lower wages, and much cheaper raw materials (see the cotton curtain thing above) so why the fuck would would a manufacturer continue to build things here, when Brexiters will have made it even cheaper to make things over there? You're getting mixed up again. The fall in Sterling has made imports more expensive. Do you remember the OP, where the curtains cost more?" | |||
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" We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries. If you want more manufacturing in the UK then Brexit is going to be as useful as a bullet to the brain. Free trade deal with China and India are going to decimate UK manufacturing. Since you didn't understand the cotton / curtain thing , I'm tempted to go with my 25 years of manufacturing and import export experience over your prediction. Funny isn't it? Free trade deals with China and India, who have much lower wage rates and cost of living than the UK, will screw the UK's economy, and yet free trade between the UK and the rest of the EU, particularly those countries that have much lower wage rates and cost of living, will help us prosper.... Exactly, they have much lower wages, and much cheaper raw materials (see the cotton curtain thing above) so why the fuck would would a manufacturer continue to build things here, when Brexiters will have made it even cheaper to make things over there? You're getting mixed up again. The fall in Sterling has made imports more expensive. Do you remember the OP, where the curtains cost more?" I'm getting mixed up? So wages and raw materials aren't cheaper in India and China than in the UK? | |||
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" We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries. If you want more manufacturing in the UK then Brexit is going to be as useful as a bullet to the brain. Free trade deal with China and India are going to decimate UK manufacturing. Since you didn't understand the cotton / curtain thing , I'm tempted to go with my 25 years of manufacturing and import export experience over your prediction. Funny isn't it? Free trade deals with China and India, who have much lower wage rates and cost of living than the UK, will screw the UK's economy, and yet free trade between the UK and the rest of the EU, particularly those countries that have much lower wage rates and cost of living, will help us prosper.... Exactly, they have much lower wages, and much cheaper raw materials (see the cotton curtain thing above) so why the fuck would would a manufacturer continue to build things here, when Brexiters will have made it even cheaper to make things over there? Yes, so why the Fuck would it be better being in the EU then, where nearly every country has lower wages than the UK? And btw, you still haven't explained how a price increase from £35 to £45 can be entirely due to Brexit. I think you'll find that's what the OP said the company told him. So you're saying it is using Brexit as an excuse to increase prices and profiteer then? How much do you think the import cost of a pair of curtains retailing at £35 would be? And then how much should the increase be due to the devaluation of sterling? I don't work in curtain imports or sales, the people who do, have said that's the reason for the increase. You've voiced personal opinions on these forums on subjects you clearly dont have intimate knowledge of, in order to be negative about the UK and Brexit.... But when its the other way round, you can't comment?" So you believe my word over the company that sells the product and their stated reason? | |||
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" Exactly, they have much lower wages, and much cheaper raw materials (see the cotton curtain thing above) so why the fuck would would a manufacturer continue to build things here, when Brexiters will have made it even cheaper to make things over there? You're getting mixed up again. The fall in Sterling has made imports more expensive. Do you remember the OP, where the curtains cost more? I'm getting mixed up? So wages and raw materials aren't cheaper in India and China than in the UK? " You know full well, I wasn't referring to that part of the reply. In one breath you have said imports are becoming more expensive because of brexit, then you have said they are becoming even cheaper. It can't be both. Imports are now more expensive. This gives an advantage to British based manufacturers. I know this is bad news to you, as it doesn't give a smug bad news story, but for the millions of people working in manufacturing it is good news. | |||
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" The international trade secretary Liam Fox seems to think otherwise. He is already putting the ground work in for those other trade deals around the world now with countries like the USA, China, India and Australia. Donald Trump has already indicated he wants a bilateral trade deal with the UK 'as soon as possible', and as soon as our exit from the EU is complete we could in theory sign those other trade deals the very next day if the ground work is already done all that would be required is a signature from Teresa May. but as been pointed out more than once when people mention this "wonderful deal" we are suppose to be getting with the US, the UK is a prime example of a country that trump would go after in a trade deal because there is an imbalance of trade of 2 to 1 in the uk's favour.... "america first!" doesn't work in a 2 to 1 against you enviroment you seem to think you will get a sweetheart deal from the EU and the US.... wow... you need this deal more than them! what are you going to have to give up to get this deal done as quick as you seem to think it will.... also.... if the deal gets done in lets say late 19/early 20.... that will throw it right in the midst's of the 2020 presidential race.... he will get slaughtered all over the place if others can say to him "that UK trade deal you did was worse than the one we had!!!, thought you said the art of the deal was your thing!" ... and so much for america first! " As has been pointed out more than once to you and others, Donald Trump needs this trade deal politically. If he doesn't get a deal then his critics will slaughter him and say "see you can't do bilateral trade deals on a 1 to 1 country basis". It's also been pointed out to you that Trump loves the Uk, had the bust of Winston Churchill returned to the White House on day 1 of his Presidency and is one of the most pro UK Presidents to ever be elected. As Piers Morgan has revealed Trump told him he feels half British, Trump dislikes the EU, he wants to see Brexit succeed, it's more likely Brexit will be a success if he gives the UK a good deal. If Brexit is a success then that could tempt other countries to leave the EU which would be considered a victory for Trump. You need to start looking at the bigger picture and what Trumps long term objectives are. | |||
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" How much do you think the import cost of a pair of curtains retailing at £35 would be? And then how much should the increase be due to the devaluation of sterling? I don't work in curtain imports or sales, the people who do, have said that's the reason for the increase." I don't work in haberdashery either, but I possess common sense and a pocket calculator. I know if the cost of an item increases by 20% then the sales price does not increase by 30% | |||
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"I voted leave because I see the influx of unskilled and semi-skilled labour from Eastern Europe as being deflationary on wages, while simultaneously inflationary on house prices and rents. I see that Britain needs to invest to plug skills gaps long term rather than use immigrants on poor contracts, on zero hours, and with few rights (hence giving birth in the toilet rather than not go to work for fear of the sack etc.) I voted Leave because I live in area decimated by cheaper European imports (coal from Germany) which led to the destruction of the coal mining area where I live. I voted leave because I look at the failing economies of Ireland, Spain, Portugal, Italy and, of course, Greece. I have read of rates of zero unemployment- pre EEC times, of course. Conversely I have lived through unemployment going through one, two and then three million- all after joining the EU, of course. Inflation is a concern but was always likely to hit, whether we voted Leave or not. Oil prices had been artificially low for far too long. Sooner or later they were going to rise. I hope Britain can trade effectively and decisively with India, China and the US, all of which should be possible, irrespective of whether or not we are in the EU. And I contend I'm neither a moron or peasant, as two posters have stated, above" Cheap coal from Germany what a lot of Blarney. German coal mines have pretty much all shut down since a decade But sure those markets you refer are queuing for British products, will be all good . What exactly is Britain still exporting other than financial services? PJtips? Wheetabix? | |||
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" Exactly, they have much lower wages, and much cheaper raw materials (see the cotton curtain thing above) so why the fuck would would a manufacturer continue to build things here, when Brexiters will have made it even cheaper to make things over there? You're getting mixed up again. The fall in Sterling has made imports more expensive. Do you remember the OP, where the curtains cost more? I'm getting mixed up? So wages and raw materials aren't cheaper in India and China than in the UK? You know full well, I wasn't referring to that part of the reply. In one breath you have said imports are becoming more expensive because of brexit, then you have said they are becoming even cheaper. It can't be both. Imports are now more expensive. This gives an advantage to British based manufacturers. I know this is bad news to you, as it doesn't give a smug bad news story, but for the millions of people working in manufacturing it is good news." If we get rid of tariffs from India and China, that will make their goods cheaper, yes or no? | |||
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" The international trade secretary Liam Fox seems to think otherwise. He is already putting the ground work in for those other trade deals around the world now with countries like the USA, China, India and Australia. Donald Trump has already indicated he wants a bilateral trade deal with the UK 'as soon as possible', and as soon as our exit from the EU is complete we could in theory sign those other trade deals the very next day if the ground work is already done all that would be required is a signature from Teresa May. but as been pointed out more than once when people mention this "wonderful deal" we are suppose to be getting with the US, the UK is a prime example of a country that trump would go after in a trade deal because there is an imbalance of trade of 2 to 1 in the uk's favour.... "america first!" doesn't work in a 2 to 1 against you enviroment you seem to think you will get a sweetheart deal from the EU and the US.... wow... you need this deal more than them! what are you going to have to give up to get this deal done as quick as you seem to think it will.... also.... if the deal gets done in lets say late 19/early 20.... that will throw it right in the midst's of the 2020 presidential race.... he will get slaughtered all over the place if others can say to him "that UK trade deal you did was worse than the one we had!!!, thought you said the art of the deal was your thing!" ... and so much for america first! As has been pointed out more than once to you and others, Donald Trump needs this trade deal politically. If he doesn't get a deal then his critics will slaughter him and say "see you can't do bilateral trade deals on a 1 to 1 country basis". It's also been pointed out to you that Trump loves the Uk, had the bust of Winston Churchill returned to the White House on day 1 of his Presidency and is one of the most pro UK Presidents to ever be elected. As Piers Morgan has revealed Trump told him he feels half British, Trump dislikes the EU, he wants to see Brexit succeed, it's more likely Brexit will be a success if he gives the UK a good deal. If Brexit is a success then that could tempt other countries to leave the EU which would be considered a victory for Trump. You need to start looking at the bigger picture and what Trumps long term objectives are. " exactly. And the better deal that the UK gets from the U.S and others the better the deal the EU will have to give us to compete | |||
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" I'm getting mixed up? So wages and raw materials aren't cheaper in India and China than in the UK? You know full well, I wasn't referring to that part of the reply. In one breath you have said imports are becoming more expensive because of brexit, then you have said they are becoming even cheaper. It can't be both. Imports are now more expensive. This gives an advantage to British based manufacturers. I know this is bad news to you, as it doesn't give a smug bad news story, but for the millions of people working in manufacturing it is good news. If we get rid of tariffs from India and China, that will make their goods cheaper, yes or no? " 'IF' all tariffs were abolished ( which is a completely separate discussion) they would be on average 3% cheaper than today, that is 17% more expensive (that's 20% - 3%) than prior to the 'disastrous' drop in sterling you have been delighted to wave around. Still great news either way. As I have said this directly beneficially affects me and my company and other manufacturers every single day. It is good news for Britain and working people in manufacturing, and consequently will benefit everyone. Sorry to be the bearer of good news. | |||
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" Exactly, they have much lower wages, and much cheaper raw materials (see the cotton curtain thing above) so why the fuck would would a manufacturer continue to build things here, when Brexiters will have made it even cheaper to make things over there? You're getting mixed up again. The fall in Sterling has made imports more expensive. Do you remember the OP, where the curtains cost more? I'm getting mixed up? So wages and raw materials aren't cheaper in India and China than in the UK? You know full well, I wasn't referring to that part of the reply. In one breath you have said imports are becoming more expensive because of brexit, then you have said they are becoming even cheaper. It can't be both. Imports are now more expensive. This gives an advantage to British based manufacturers. I know this is bad news to you, as it doesn't give a smug bad news story, but for the millions of people working in manufacturing it is good news. If we get rid of tariffs from India and China, that will make their goods cheaper, yes or no? " Slightly off point, do you know what a Most Favoured Nation (MFN) tariff is? And the maximum amount of tariff the EU can apply to manufactured goods from the UK? | |||
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" We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries. If you want more manufacturing in the UK then Brexit is going to be as useful as a bullet to the brain. Free trade deal with China and India are going to decimate UK manufacturing. Since you didn't understand the cotton / curtain thing , I'm tempted to go with my 25 years of manufacturing and import export experience over your prediction. Funny isn't it? Free trade deals with China and India, who have much lower wage rates and cost of living than the UK, will screw the UK's economy, and yet free trade between the UK and the rest of the EU, particularly those countries that have much lower wage rates and cost of living, will help us prosper.... Exactly, they have much lower wages, and much cheaper raw materials (see the cotton curtain thing above) so why the fuck would would a manufacturer continue to build things here, when Brexiters will have made it even cheaper to make things over there? Yes, so why the Fuck would it be better being in the EU then, where nearly every country has lower wages than the UK? And btw, you still haven't explained how a price increase from £35 to £45 can be entirely due to Brexit. I think you'll find that's what the OP said the company told him. So you're saying it is using Brexit as an excuse to increase prices and profiteer then? How much do you think the import cost of a pair of curtains retailing at £35 would be? And then how much should the increase be due to the devaluation of sterling? I don't work in curtain imports or sales, the people who do, have said that's the reason for the increase. You've voiced personal opinions on these forums on subjects you clearly dont have intimate knowledge of, in order to be negative about the UK and Brexit.... But when its the other way round, you can't comment? So you believe my word over the company that sells the product and their stated reason? " Companies don't always tell the truth, you are being extremely naive if you think they do. Anyone remember Volkswagen (VW) telling lies about how environmentally friendly their cars and vans were then it turned out they'd fiddled the on board computer systems to con the emissions tests. | |||
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" I'm getting mixed up? So wages and raw materials aren't cheaper in India and China than in the UK? You know full well, I wasn't referring to that part of the reply. In one breath you have said imports are becoming more expensive because of brexit, then you have said they are becoming even cheaper. It can't be both. Imports are now more expensive. This gives an advantage to British based manufacturers. I know this is bad news to you, as it doesn't give a smug bad news story, but for the millions of people working in manufacturing it is good news. If we get rid of tariffs from India and China, that will make their goods cheaper, yes or no? 'IF' all tariffs were abolished ( which is a completely separate discussion) they would be on average 3% cheaper than today, that is 17% more expensive (that's 20% - 3%) than prior to the 'disastrous' drop in sterling you have been delighted to wave around. Still great news either way. As I have said this directly beneficially affects me and my company and other manufacturers every single day. It is good news for Britain and working people in manufacturing, and consequently will benefit everyone. Sorry to be the bearer of good news." I thought the fall in sterling was meant to be temporary? Are you now saying that its permanent? As the UK is a net importer, you know thats tremendously bad for the UK right? | |||
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" We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries. If you want more manufacturing in the UK then Brexit is going to be as useful as a bullet to the brain. Free trade deal with China and India are going to decimate UK manufacturing. Since you didn't understand the cotton / curtain thing , I'm tempted to go with my 25 years of manufacturing and import export experience over your prediction. Funny isn't it? Free trade deals with China and India, who have much lower wage rates and cost of living than the UK, will screw the UK's economy, and yet free trade between the UK and the rest of the EU, particularly those countries that have much lower wage rates and cost of living, will help us prosper.... Exactly, they have much lower wages, and much cheaper raw materials (see the cotton curtain thing above) so why the fuck would would a manufacturer continue to build things here, when Brexiters will have made it even cheaper to make things over there? Yes, so why the Fuck would it be better being in the EU then, where nearly every country has lower wages than the UK? And btw, you still haven't explained how a price increase from £35 to £45 can be entirely due to Brexit. I think you'll find that's what the OP said the company told him. So you're saying it is using Brexit as an excuse to increase prices and profiteer then? How much do you think the import cost of a pair of curtains retailing at £35 would be? And then how much should the increase be due to the devaluation of sterling? I don't work in curtain imports or sales, the people who do, have said that's the reason for the increase. You've voiced personal opinions on these forums on subjects you clearly dont have intimate knowledge of, in order to be negative about the UK and Brexit.... But when its the other way round, you can't comment? So you believe my word over the company that sells the product and their stated reason? Companies don't always tell the truth, you are being extremely naive if you think they do. Anyone remember Volkswagen (VW) telling lies about how environmentally friendly their cars and vans were then it turned out they'd fiddled the on board computer systems to con the emissions tests. " True, but you dont believe anyone tells the truth. You don't believe the defence experts that told you Brexit would be bad, and now we have a what? £700m hole in the defence budget? You didn't believe the academics when they told you Brexit would negatively impact universities, yet we have had a massive fall in university applications. You didn't believe that Brexit would be bad for the economy, yet the Bank of England was forced to make £70bn of monetary policy measures and the Chancellor was forced to make £22bn of fiscal policy measures, the interest rate had to be slashed to the lowest level in 300 years and sterling has crashed. You didn't believe that Brexit would be bad for the environment, yet the Department for Energy and Climate change had been scrapped. You don't believe that the High Court tells the truth, or that the Supreme Court tells the truth, everything is just a great big lie to you isnt it? | |||
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" We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries. If you want more manufacturing in the UK then Brexit is going to be as useful as a bullet to the brain. Free trade deal with China and India are going to decimate UK manufacturing. Since you didn't understand the cotton / curtain thing , I'm tempted to go with my 25 years of manufacturing and import export experience over your prediction. Funny isn't it? Free trade deals with China and India, who have much lower wage rates and cost of living than the UK, will screw the UK's economy, and yet free trade between the UK and the rest of the EU, particularly those countries that have much lower wage rates and cost of living, will help us prosper.... Exactly, they have much lower wages, and much cheaper raw materials (see the cotton curtain thing above) so why the fuck would would a manufacturer continue to build things here, when Brexiters will have made it even cheaper to make things over there? Yes, so why the Fuck would it be better being in the EU then, where nearly every country has lower wages than the UK? And btw, you still haven't explained how a price increase from £35 to £45 can be entirely due to Brexit. I think you'll find that's what the OP said the company told him. So you're saying it is using Brexit as an excuse to increase prices and profiteer then? How much do you think the import cost of a pair of curtains retailing at £35 would be? And then how much should the increase be due to the devaluation of sterling? I don't work in curtain imports or sales, the people who do, have said that's the reason for the increase. You've voiced personal opinions on these forums on subjects you clearly dont have intimate knowledge of, in order to be negative about the UK and Brexit.... But when its the other way round, you can't comment? So you believe my word over the company that sells the product and their stated reason? Companies don't always tell the truth, you are being extremely naive if you think they do. Anyone remember Volkswagen (VW) telling lies about how environmentally friendly their cars and vans were then it turned out they'd fiddled the on board computer systems to con the emissions tests. True, but you dont believe anyone tells the truth. You don't believe the defence experts that told you Brexit would be bad, and now we have a what? £700m hole in the defence budget? You didn't believe the academics when they told you Brexit would negatively impact universities, yet we have had a massive fall in university applications. You didn't believe that Brexit would be bad for the economy, yet the Bank of England was forced to make £70bn of monetary policy measures and the Chancellor was forced to make £22bn of fiscal policy measures, the interest rate had to be slashed to the lowest level in 300 years and sterling has crashed. You didn't believe that Brexit would be bad for the environment, yet the Department for Energy and Climate change had been scrapped. You don't believe that the High Court tells the truth, or that the Supreme Court tells the truth, everything is just a great big lie to you isnt it? " You are losing another argument CLCC | |||
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" We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries. If you want more manufacturing in the UK then Brexit is going to be as useful as a bullet to the brain. Free trade deal with China and India are going to decimate UK manufacturing. Since you didn't understand the cotton / curtain thing , I'm tempted to go with my 25 years of manufacturing and import export experience over your prediction. Funny isn't it? Free trade deals with China and India, who have much lower wage rates and cost of living than the UK, will screw the UK's economy, and yet free trade between the UK and the rest of the EU, particularly those countries that have much lower wage rates and cost of living, will help us prosper.... Exactly, they have much lower wages, and much cheaper raw materials (see the cotton curtain thing above) so why the fuck would would a manufacturer continue to build things here, when Brexiters will have made it even cheaper to make things over there? Yes, so why the Fuck would it be better being in the EU then, where nearly every country has lower wages than the UK? And btw, you still haven't explained how a price increase from £35 to £45 can be entirely due to Brexit. I think you'll find that's what the OP said the company told him. So you're saying it is using Brexit as an excuse to increase prices and profiteer then? How much do you think the import cost of a pair of curtains retailing at £35 would be? And then how much should the increase be due to the devaluation of sterling? I don't work in curtain imports or sales, the people who do, have said that's the reason for the increase. You've voiced personal opinions on these forums on subjects you clearly dont have intimate knowledge of, in order to be negative about the UK and Brexit.... But when its the other way round, you can't comment? So you believe my word over the company that sells the product and their stated reason? Companies don't always tell the truth, you are being extremely naive if you think they do. Anyone remember Volkswagen (VW) telling lies about how environmentally friendly their cars and vans were then it turned out they'd fiddled the on board computer systems to con the emissions tests. True, but you dont believe anyone tells the truth. You don't believe the defence experts that told you Brexit would be bad, and now we have a what? £700m hole in the defence budget? You didn't believe the academics when they told you Brexit would negatively impact universities, yet we have had a massive fall in university applications. You didn't believe that Brexit would be bad for the economy, yet the Bank of England was forced to make £70bn of monetary policy measures and the Chancellor was forced to make £22bn of fiscal policy measures, the interest rate had to be slashed to the lowest level in 300 years and sterling has crashed. You didn't believe that Brexit would be bad for the environment, yet the Department for Energy and Climate change had been scrapped. You don't believe that the High Court tells the truth, or that the Supreme Court tells the truth, everything is just a great big lie to you isnt it? You are losing another argument CLCC " Am I? You guys were repeatedly told that Brexit would be bad for the economy, now people are getting hit in the pocket at the shops. You caused it, you wanted it, now you can own it. | |||
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" We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries. If you want more manufacturing in the UK then Brexit is going to be as useful as a bullet to the brain. Free trade deal with China and India are going to decimate UK manufacturing. Since you didn't understand the cotton / curtain thing , I'm tempted to go with my 25 years of manufacturing and import export experience over your prediction. Funny isn't it? Free trade deals with China and India, who have much lower wage rates and cost of living than the UK, will screw the UK's economy, and yet free trade between the UK and the rest of the EU, particularly those countries that have much lower wage rates and cost of living, will help us prosper.... Exactly, they have much lower wages, and much cheaper raw materials (see the cotton curtain thing above) so why the fuck would would a manufacturer continue to build things here, when Brexiters will have made it even cheaper to make things over there? Yes, so why the Fuck would it be better being in the EU then, where nearly every country has lower wages than the UK? And btw, you still haven't explained how a price increase from £35 to £45 can be entirely due to Brexit. I think you'll find that's what the OP said the company told him. So you're saying it is using Brexit as an excuse to increase prices and profiteer then? How much do you think the import cost of a pair of curtains retailing at £35 would be? And then how much should the increase be due to the devaluation of sterling? I don't work in curtain imports or sales, the people who do, have said that's the reason for the increase. You've voiced personal opinions on these forums on subjects you clearly dont have intimate knowledge of, in order to be negative about the UK and Brexit.... But when its the other way round, you can't comment? So you believe my word over the company that sells the product and their stated reason? " Wow! How many times on these forums have you argued against people who have experience in a subject that you have less, or none, of? Ok, you clearly have no understanding of simple business or economics .... The item retailed at £35... It was increased by 30% to £45. The fall in the pound because of Brexit was blamed. Firstly, the fall is about half of what the price increase is. Secondly, this assumes the retailer sells its products for zero profit. The curtains would probably have cost about £10 to make (if that). Even adding on 20% for the pound devaluation (assuming they were made abroad), that makes a price increase of £2, not £10. Hence the retailer being accused of profiteering. | |||
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" We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries. If you want more manufacturing in the UK then Brexit is going to be as useful as a bullet to the brain. Free trade deal with China and India are going to decimate UK manufacturing. Since you didn't understand the cotton / curtain thing , I'm tempted to go with my 25 years of manufacturing and import export experience over your prediction. Funny isn't it? Free trade deals with China and India, who have much lower wage rates and cost of living than the UK, will screw the UK's economy, and yet free trade between the UK and the rest of the EU, particularly those countries that have much lower wage rates and cost of living, will help us prosper.... Exactly, they have much lower wages, and much cheaper raw materials (see the cotton curtain thing above) so why the fuck would would a manufacturer continue to build things here, when Brexiters will have made it even cheaper to make things over there? Yes, so why the Fuck would it be better being in the EU then, where nearly every country has lower wages than the UK? And btw, you still haven't explained how a price increase from £35 to £45 can be entirely due to Brexit. I think you'll find that's what the OP said the company told him. So you're saying it is using Brexit as an excuse to increase prices and profiteer then? How much do you think the import cost of a pair of curtains retailing at £35 would be? And then how much should the increase be due to the devaluation of sterling? I don't work in curtain imports or sales, the people who do, have said that's the reason for the increase. You've voiced personal opinions on these forums on subjects you clearly dont have intimate knowledge of, in order to be negative about the UK and Brexit.... But when its the other way round, you can't comment? So you believe my word over the company that sells the product and their stated reason? Wow! How many times on these forums have you argued against people who have experience in a subject that you have less, or none, of? Ok, you clearly have no understanding of simple business or economics .... The item retailed at £35... It was increased by 30% to £45. The fall in the pound because of Brexit was blamed. Firstly, the fall is about half of what the price increase is. Secondly, this assumes the retailer sells its products for zero profit. The curtains would probably have cost about £10 to make (if that). Even adding on 20% for the pound devaluation (assuming they were made abroad), that makes a price increase of £2, not £10. Hence the retailer being accused of profiteering. " Tell you what, you make a note of the price of everything you spend over the next 7 days. If over the next few months the price of those items goes up, you boycott those profiteering cunts. However when you realise that you can no longer fill your car up, buy food, or buy clothes and or anything else because all the prices have gone up, you might start to open your eyes. | |||
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" We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries. If you want more manufacturing in the UK then Brexit is going to be as useful as a bullet to the brain. Free trade deal with China and India are going to decimate UK manufacturing. Since you didn't understand the cotton / curtain thing , I'm tempted to go with my 25 years of manufacturing and import export experience over your prediction. Funny isn't it? Free trade deals with China and India, who have much lower wage rates and cost of living than the UK, will screw the UK's economy, and yet free trade between the UK and the rest of the EU, particularly those countries that have much lower wage rates and cost of living, will help us prosper.... Exactly, they have much lower wages, and much cheaper raw materials (see the cotton curtain thing above) so why the fuck would would a manufacturer continue to build things here, when Brexiters will have made it even cheaper to make things over there? Yes, so why the Fuck would it be better being in the EU then, where nearly every country has lower wages than the UK? And btw, you still haven't explained how a price increase from £35 to £45 can be entirely due to Brexit. I think you'll find that's what the OP said the company told him. So you're saying it is using Brexit as an excuse to increase prices and profiteer then? How much do you think the import cost of a pair of curtains retailing at £35 would be? And then how much should the increase be due to the devaluation of sterling? I don't work in curtain imports or sales, the people who do, have said that's the reason for the increase. You've voiced personal opinions on these forums on subjects you clearly dont have intimate knowledge of, in order to be negative about the UK and Brexit.... But when its the other way round, you can't comment? So you believe my word over the company that sells the product and their stated reason? Wow! How many times on these forums have you argued against people who have experience in a subject that you have less, or none, of? Ok, you clearly have no understanding of simple business or economics .... The item retailed at £35... It was increased by 30% to £45. The fall in the pound because of Brexit was blamed. Firstly, the fall is about half of what the price increase is. Secondly, this assumes the retailer sells its products for zero profit. The curtains would probably have cost about £10 to make (if that). Even adding on 20% for the pound devaluation (assuming they were made abroad), that makes a price increase of £2, not £10. Hence the retailer being accused of profiteering. Tell you what, you make a note of the price of everything you spend over the next 7 days. If over the next few months the price of those items goes up, you boycott those profiteering cunts. However when you realise that you can no longer fill your car up, buy food, or buy clothes and or anything else because all the prices have gone up, you might start to open your eyes." So finally, even though only by inference, you admit it's profiteering. Thank you. And if you read through the thread, you'll see that I've previously said that business use things that happen in our world as excuses for profiteering or cutting jobs. I even gave examples. We look forward to your future silence when you no longer comment on things you have no intimate knowlonger experience of. | |||
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" The curtains would probably have cost about £10 to make (if that). Even adding on 20% for the pound devaluation (assuming they were made abroad), that makes a price increase of £2, not £10. Hence the retailer being accused of profiteering. " So the unit cost at the factory gate in China is the price the retailer in the UK pays then? | |||
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" The curtains would probably have cost about £10 to make (if that). Even adding on 20% for the pound devaluation (assuming they were made abroad), that makes a price increase of £2, not £10. Hence the retailer being accused of profiteering. So the unit cost at the factory gate in China is the price the retailer in the UK pays then?" First rule of business. Buy something for £1, sell it for £1.30. | |||
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"It's not an excuse it's a matter of fact. Most of our products bought through shops are now manufactured abroad due to the government privatising everything making it very expensive to manufacture in the U.K. And that private business have share holders to answer to thus need to make huge profits to satisfy, thus the need for lower prices in manufacture. Back to topic now. The crash of the pound due to Brexit is the cause of the problems. I work in the outdoor industry and many have had to increase prices by at least 20% just to cover the cost of devalued £ others that could bought currency prior to the vote taking a gamble which paid off meaning they could push back price hikes. It will only get worse if the trade agreements aren't reached before we leave. Price hikes due to import duties another 20-25%. Yes it is all to do with the Vote. Why do you think the leave campaign lied so much? To cover up what it meant for the working people. " Could you give a few examples of Government privatised manufacturing industries or companies, so that it gives credence to your argument? | |||
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" Still great news either way. As I have said this directly beneficially affects me and my company and other manufacturers every single day. It is good news for Britain and working people in manufacturing, and consequently will benefit everyone. Sorry to be the bearer of good news. I thought the fall in sterling was meant to be temporary? Are you now saying that its permanent? As the UK is a net importer, you know thats tremendously bad for the UK right? " Ok CLCC thanks, I understand it now thanks. You are saying imports are going down or up and both are bad and both are Brexits fault. Thanks for the heads up. | |||
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" We need more manufacturing here in the UK. This helps the balance of trade and employment in skilled industries. If you want more manufacturing in the UK then Brexit is going to be as useful as a bullet to the brain. Free trade deal with China and India are going to decimate UK manufacturing. Since you didn't understand the cotton / curtain thing , I'm tempted to go with my 25 years of manufacturing and import export experience over your prediction. Funny isn't it? Free trade deals with China and India, who have much lower wage rates and cost of living than the UK, will screw the UK's economy, and yet free trade between the UK and the rest of the EU, particularly those countries that have much lower wage rates and cost of living, will help us prosper.... Exactly, they have much lower wages, and much cheaper raw materials (see the cotton curtain thing above) so why the fuck would would a manufacturer continue to build things here, when Brexiters will have made it even cheaper to make things over there? Yes, so why the Fuck would it be better being in the EU then, where nearly every country has lower wages than the UK? And btw, you still haven't explained how a price increase from £35 to £45 can be entirely due to Brexit. I think you'll find that's what the OP said the company told him. So you're saying it is using Brexit as an excuse to increase prices and profiteer then? How much do you think the import cost of a pair of curtains retailing at £35 would be? And then how much should the increase be due to the devaluation of sterling? I don't work in curtain imports or sales, the people who do, have said that's the reason for the increase. You've voiced personal opinions on these forums on subjects you clearly dont have intimate knowledge of, in order to be negative about the UK and Brexit.... But when its the other way round, you can't comment? So you believe my word over the company that sells the product and their stated reason? Wow! How many times on these forums have you argued against people who have experience in a subject that you have less, or none, of? Ok, you clearly have no understanding of simple business or economics .... The item retailed at £35... It was increased by 30% to £45. The fall in the pound because of Brexit was blamed. Firstly, the fall is about half of what the price increase is. Secondly, this assumes the retailer sells its products for zero profit. The curtains would probably have cost about £10 to make (if that). Even adding on 20% for the pound devaluation (assuming they were made abroad), that makes a price increase of £2, not £10. Hence the retailer being accused of profiteering. Tell you what, you make a note of the price of everything you spend over the next 7 days. If over the next few months the price of those items goes up, you boycott those profiteering cunts. However when you realise that you can no longer fill your car up, buy food, or buy clothes and or anything else because all the prices have gone up, you might start to open your eyes. So finally, even though only by inference, you admit it's profiteering. Thank you. And if you read through the thread, you'll see that I've previously said that business use things that happen in our world as excuses for profiteering or cutting jobs. I even gave examples. We look forward to your future silence when you no longer comment on things you have no intimate knowlonger experience of." No, YOU think its profiteering, so what are you going to do when all prices inevitably go up? Will you boycott them? | |||
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" Still great news either way. As I have said this directly beneficially affects me and my company and other manufacturers every single day. It is good news for Britain and working people in manufacturing, and consequently will benefit everyone. Sorry to be the bearer of good news. I thought the fall in sterling was meant to be temporary? Are you now saying that its permanent? As the UK is a net importer, you know thats tremendously bad for the UK right? Ok CLCC thanks, I understand it now thanks. You are saying imports are going down or up and both are bad and both are Brexits fault. Thanks for the heads up." No, I didn't say that. I guess my questions were too complicated for you as you didn't answer any of them. | |||
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"It is good to see that the remain side supporters on this side plainly have no grasp of how the retail price of goods are arrived at yet are completely in denial perhaps one day they may open their eyes and see they are equally wrong about brexit too. More and more they look like trolls" We were wrong about Brexit? We told you that it would be bad for the economy didn't we? Are we now seeing price rises in the shops? | |||
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" I thought the fall in sterling was meant to be temporary? Are you now saying that its permanent? As the UK is a net importer, you know thats tremendously bad for the UK right? Ok CLCC thanks, I understand it now thanks. You are saying imports are going down or up and both are bad and both are Brexits fault. Thanks for the heads up. No, I didn't say that. I guess my questions were too complicated for you as you didn't answer any of them." Haha, when when you have no where else to turn, you can always pull out the 'everybody else is stupid' card. | |||
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"It is good to see that the remain side supporters on this side plainly have no grasp of how the retail price of goods are arrived at yet are completely in denial perhaps one day they may open their eyes and see they are equally wrong about brexit too. More and more they look like trolls We were wrong about Brexit? We told you that it would be bad for the economy didn't we? Are we now seeing price rises in the shops? " only on lettuce because of bad weather in Spain due to Brexit | |||
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" I thought the fall in sterling was meant to be temporary? Are you now saying that its permanent? As the UK is a net importer, you know thats tremendously bad for the UK right? Ok CLCC thanks, I understand it now thanks. You are saying imports are going down or up and both are bad and both are Brexits fault. Thanks for the heads up. No, I didn't say that. I guess my questions were too complicated for you as you didn't answer any of them. Haha, when when you have no where else to turn, you can always pull out the 'everybody else is stupid' card." So did you answer the questions? If not, why not? | |||
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"It is good to see that the remain side supporters on this side plainly have no grasp of how the retail price of goods are arrived at yet are completely in denial perhaps one day they may open their eyes and see they are equally wrong about brexit too. More and more they look like trolls We were wrong about Brexit? We told you that it would be bad for the economy didn't we? Are we now seeing price rises in the shops? only on lettuce because of bad weather in Spain due to Brexit " Only on lettuce? Is that what the OP was trying to cover his windows with? | |||
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"It is good to see that the remain side supporters on this side plainly have no grasp of how the retail price of goods are arrived at yet are completely in denial perhaps one day they may open their eyes and see they are equally wrong about brexit too. More and more they look like trolls We were wrong about Brexit? We told you that it would be bad for the economy didn't we? Are we now seeing price rises in the shops? only on lettuce because of bad weather in Spain due to Brexit Only on lettuce? Is that what the OP was trying to cover his windows with? " why not? Its about as realistic as both price rises being down to Brexit | |||
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" Haha, when when you have no where else to turn, you can always pull out the 'everybody else is stupid' card. So did you answer the questions? If not, why not? " Yes, I did answer your question. Here is your question and my answer: (CLCC) If we get rid of tariffs from India and China, that will make their goods cheaper, yes or no? " (Reply) 'IF' all tariffs were abolished ( which is a completely separate discussion) they would be on average 3% cheaper than today, that is 17% more expensive (that's 20% - 3%) than prior to the 'disastrous' drop in sterling you have been delighted to wave around. Still great news either way. As I have said this directly beneficially affects me and my company and other manufacturers every single day. It is good news for Britain and working people in manufacturing, and consequently will benefit everyone. Sorry to be the bearer of good news. (End of reply) So, yes, it was answered. Also, since then, you have continued to re-iterate that import prices will rise. This will positively impact UK based manufacturers. (That is good news btw) | |||
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"It is good to see that the remain side supporters on this side plainly have no grasp of how the retail price of goods are arrived at yet are completely in denial perhaps one day they may open their eyes and see they are equally wrong about brexit too. More and more they look like trolls We were wrong about Brexit? We told you that it would be bad for the economy didn't we? Are we now seeing price rises in the shops? only on lettuce because of bad weather in Spain due to Brexit " Price of an Apple has gone up too | |||
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" Still great news either way. As I have said this directly beneficially affects me and my company and other manufacturers every single day. It is good news for Britain and working people in manufacturing, and consequently will benefit everyone. Sorry to be the bearer of good news. (End of reply) So, yes, it was answered. Also, since then, you have continued to re-iterate that import prices will rise. This will positively impact UK based manufacturers. (That is good news btw)" You don’t make British people better off by getting them to work hard to make stuff for others to enjoy on the cheap, while themselves paying more for things produced overseas. | |||
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" Still great news either way. As I have said this directly beneficially affects me and my company and other manufacturers every single day. It is good news for Britain and working people in manufacturing, and consequently will benefit everyone. Sorry to be the bearer of good news. (End of reply) So, yes, it was answered. Also, since then, you have continued to re-iterate that import prices will rise. This will positively impact UK based manufacturers. (That is good news btw) You don’t make British people better off by getting them to work hard to make stuff for others to enjoy on the cheap, while themselves paying more for things produced overseas." People will be working just as hard as they were before, that hasn't changed. The fall in sterling has made those goods they are making cheaper abroad. That means everything from Jaguar cars, jet engines to apples produced here will be cheaper abroad. Those industries will be more successful and employ more people and generate more income for those people and tax revenue for the government. Yes, imports of products heading straight for the shelves will be more expensive. I am man enough to accept that is a negative of this. However, foreign produced goods becoming more expensive, will also benefit British companies, as their goods will be more competitive against imports in our home market. The whole process is aimed at fixing long standing problems. So those foreign made curtains might go up by 5-10% this week, but long term we will see a benefit to British industry, jobs and income. | |||
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" The fall in sterling has made those goods they are making cheaper abroad. That means everything from Jaguar cars, jet engines to apples produced here will be cheaper abroad. Those industries will be more successful and employ more people and generate more income for those people and tax revenue for the government." Only if the goods are 100% sourced in GBP, which is going to be rare if not impossible, everything from the or tyres Jaguar fit to the sticker on that apple is going to involve USD/EUR pricing in the supply chain, so unless the value added component can offset the increased price of manufacturing in the UK for export the supposed currency gain for exporters is a smoke and mirrors exercise. " Yes, imports of products heading straight for the shelves will be more expensive. I am man enough to accept that is a negative of this. However, foreign produced goods becoming more expensive, will also benefit British companies, as their goods will be more competitive against imports in our home market." So imported goods rising in price to match UK produced goods derives benefit by...pricing consumers out at both ends?, if people weren't buying home market goods previously because they were more expensive against imports why would they buy them now, putting up prices isn't the way to generate sales is it " The whole process is aimed at fixing long standing problems. So those foreign made curtains might go up by 5-10% this week, but long term we will see a benefit to British industry, jobs and income." Payrises all round then! hmmm I won't hold my breath | |||
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" Haha, when when you have no where else to turn, you can always pull out the 'everybody else is stupid' card. So did you answer the questions? If not, why not? Yes, I did answer your question. Here is your question and my answer: (CLCC) If we get rid of tariffs from India and China, that will make their goods cheaper, yes or no? " (Reply) 'IF' all tariffs were abolished ( which is a completely separate discussion) they would be on average 3% cheaper than today, that is 17% more expensive (that's 20% - 3%) than prior to the 'disastrous' drop in sterling you have been delighted to wave around. Still great news either way. As I have said this directly beneficially affects me and my company and other manufacturers every single day. It is good news for Britain and working people in manufacturing, and consequently will benefit everyone. Sorry to be the bearer of good news. (End of reply) So, yes, it was answered. Also, since then, you have continued to re-iterate that import prices will rise. This will positively impact UK based manufacturers. (That is good news btw)" You didn't answer if this disastrous fall in sterling was permanent or not. You also didn't answer if you know that the UK was a net importer or not. Yes the fall in the pound is good for exporters such as yourself, it's not good for the majority of the population. The majority of the population do not export anything and have nothing to do with exports. However virtually everything they buy will be imported from their cars to their food to their clothes to their curtains to their smartphones. I usually think about what will benefit the majority of society, not about what will benefit me as an individual at the expense of society. You seem to do the opposite, which you are free to do. | |||
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" Haha, when when you have no where else to turn, you can always pull out the 'everybody else is stupid' card. So did you answer the questions? If not, why not? Yes, I did answer your question. Here is your question and my answer: (CLCC) If we get rid of tariffs from India and China, that will make their goods cheaper, yes or no? " (Reply) 'IF' all tariffs were abolished ( which is a completely separate discussion) they would be on average 3% cheaper than today, that is 17% more expensive (that's 20% - 3%) than prior to the 'disastrous' drop in sterling you have been delighted to wave around. Still great news either way. As I have said this directly beneficially affects me and my company and other manufacturers every single day. It is good news for Britain and working people in manufacturing, and consequently will benefit everyone. Sorry to be the bearer of good news. (End of reply) So, yes, it was answered. Also, since then, you have continued to re-iterate that import prices will rise. This will positively impact UK based manufacturers. (That is good news btw) You didn't answer if this disastrous fall in sterling was permanent or not. You also didn't answer if you know that the UK was a net importer or not. Yes the fall in the pound is good for exporters such as yourself, it's not good for the majority of the population. The majority of the population do not export anything and have nothing to do with exports. However virtually everything they buy will be imported from their cars to their food to their clothes to their curtains to their smartphones. I usually think about what will benefit the majority of society, not about what will benefit me as an individual at the expense of society. You seem to do the opposite, which you are free to do. " The fall in sterling is not 'disastrous'. Anything but. There are countries in Europe who would love to devalue their currency if they could | |||
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" The fall in sterling is not 'disastrous'. Anything but. There are countries in Europe who would love to devalue their currency if they could" You do realise why Sterling has fallen don't you?, so sharply and so suddenly?, you do realise that nobody wants to hold GBP don't you?, you do realise why don't you?, yeah of course you do | |||
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" The fall in sterling is not 'disastrous'. Anything but. There are countries in Europe who would love to devalue their currency if they could You do realise why Sterling has fallen don't you?, so sharply and so suddenly?, you do realise that nobody wants to hold GBP don't you?, you do realise why don't you?, yeah of course you do " Of course I do. And what harm has it done? The only problem I see is that it will rise too high again before the end of the year | |||
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" You do realise why Sterling has fallen don't you?, so sharply and so suddenly?, you do realise that nobody wants to hold GBP don't you?, you do realise why don't you?, yeah of course you do Of course I do. And what harm has it done? " There is the small fact of thousands of people already struggling on the bread line or below it will be even worse off when all the price rises kick in. | |||
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" The fall in sterling is not 'disastrous'. Anything but. There are countries in Europe who would love to devalue their currency if they could You do realise why Sterling has fallen don't you?, so sharply and so suddenly?, you do realise that nobody wants to hold GBP don't you?, you do realise why don't you?, yeah of course you do Of course I do. " Okay hit me with it then, why did the world and it's wife get the hell out of sterling in 24th June? | |||
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" An example- Greece being trapped in the Eurozone did not have the benefit of a floating currency so had to use internal devaluation involving wage, pension and welfare cuts to try to restore its competitiveness. Which is the better option?" Have you not seen the 1% public sector pay 'rises' and welfare benefit cuts the UK has had imposed for the last 6yrs then?, even if the Tories had wanted to devalue sterling they wouldn't have be able to. | |||
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" Yes the fall in the pound is good for exporters such as yourself, it's not good for the majority of the population. The majority of the population do not export anything and have nothing to do with exports. However virtually everything they buy will be imported from their cars to their food to their clothes to their curtains to their smartphones. I usually think about what will benefit the majority of society, not about what will benefit me as an individual at the expense of society. You seem to do the opposite, which you are free to do. " A country cannot survive by importing everything. It is logically unsustainable. I have not voted for what is good for just me personally, I have voted for what is best for the country. And despite peoples efforts to dis-rail the process, it is now happening. | |||
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" The fall in sterling has made those goods they are making cheaper abroad. That means everything from Jaguar cars, jet engines to apples produced here will be cheaper abroad. Those industries will be more successful and employ more people and generate more income for those people and tax revenue for the government. Only if the goods are 100% sourced in GBP, which is going to be rare if not impossible, everything from the or tyres Jaguar fit to the sticker on that apple is going to involve USD/EUR pricing in the supply chain, so unless the value added component can offset the increased price of manufacturing in the UK for export the supposed currency gain for exporters is a smoke and mirrors exercise. " Correct, some of the components are Euro/$ dollar priced. The price of the imported components will rise. The GBP parts and the value-add associated with the R&D , and UK manufacture will remain the same and is cheaper to a $/Eur customer. This is a fact, and I have intimate knowledge of Jaguar manufacturing in the UK, as well as in my own company. My $ purchases have risen in cost. BUT my $ and Eur sales are booming, as is the same for other UK manufacturers. This country has massive long standing problems, that began in the past with the destruction of our manufacturing industries. These need to be re-built for the long term strength of the country and livliehood of our citizens. These are the first steps in doing that. | |||
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" You didn't answer if this disastrous fall in sterling was permanent or not. You also didn't answer if you know that the UK was a net importer or not. Yes the fall in the pound is good for exporters such as yourself, it's not good for the majority of the population. The majority of the population do not export anything and have nothing to do with exports. However virtually everything they buy will be imported from their cars to their food to their clothes to their curtains to their smartphones. I usually think about what will benefit the majority of society, not about what will benefit me as an individual at the expense of society. You seem to do the opposite, which you are free to do. " Well, I don't see a 'disastrous' fall in sterling. But, yes, I know the UK is a net importer. You might also know that that is an intrinsically bad situation, that needs to be remedied. Unfortunately, I cannot predict long term currency trends. If I could I would be sat on my island in the Caribbean... Do you see a problem in 'virtually everything we buy' being imported? Do you think it is sustainable model for a country? I don't. | |||
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"Correct, some of the components are Euro/$ dollar priced. The price of the imported components will rise. The GBP parts and the value-add associated with the R&D , and UK manufacture will remain the same and is cheaper to a $/Eur customer. This is a fact, and I have intimate knowledge of Jaguar manufacturing in the UK, as well as in my own company. My $ purchases have risen in cost. BUT my $ and Eur sales are booming, as is the same for other UK manufacturers." But as the UK cost of living rises and the buying power of GBP wages fall the round of payrises increases the UK cost base wiping out any currency gains, then you're back to square one, relying on currency fluctuation to increase sales is economic suicide. (and also very lazy) ((no implyment intended)) | |||
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"Correct, some of the components are Euro/$ dollar priced. The price of the imported components will rise. The GBP parts and the value-add associated with the R&D , and UK manufacture will remain the same and is cheaper to a $/Eur customer. This is a fact, and I have intimate knowledge of Jaguar manufacturing in the UK, as well as in my own company. My $ purchases have risen in cost. BUT my $ and Eur sales are booming, as is the same for other UK manufacturers. But as the UK cost of living rises and the buying power of GBP wages fall the round of payrises increases the UK cost base wiping out any currency gains, then you're back to square one, relying on currency fluctuation to increase sales is economic suicide. (and also very lazy) ((no implyment intended))" The mechanism you describe can happen. I personally doubt cost of living pay rises will wipe out the currency differences seen. I agree, purely using currency change as a method of increasing export sales isn't a good idea. I mention the positive side of sterling reduction as the thread was about the negative side of it. I am honest and practical enough to say there are pros and cons to the fall in sterling, all of which have been described, (to either realistic or exaggerated levels). My personal opinion is that the net effect of the current level is good for the long term of the economy. | |||
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" Virtually every country has devalued their currency at some point to stimulate their economy at some point. " But this isn't the government initiating a planned devaluation is it. | |||
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" Virtually every country has devalued their currency at some point to stimulate their economy at some point. But this isn't the government initiating a planned devaluation is it." No, it has happened. But remember this particular thread is about whether the current sterling value is good or bad, not whether the govt created the levels. Personally, I believe it is a good thing and would like to see it maintained for the good of everyone long term. | |||
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" Virtually every country has devalued their currency at some point to stimulate their economy at some point. But this isn't the government initiating a planned devaluation is it." So ? And why not address the rest of my post can you deny the facts of it ? | |||
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" Virtually every country has devalued their currency at some point to stimulate their economy at some point. But this isn't the government initiating a planned devaluation is it. So ? And why not address the rest of my post can you deny the facts of it ?" Because a government devaluation is subject to the well-being of the UK economy (otherwise they get voted out, didn't work for Wilson did it) whereas the this is promted by currency flight over which the government have no control. The German trade surplus isn't a result Greece dragging down the value of the Euro it's a result of German productivity being 30% higher than the UK, with the associated lower cost base. | |||
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" Virtually every country has devalued their currency at some point to stimulate their economy at some point. But this isn't the government initiating a planned devaluation is it. So ? And why not address the rest of my post can you deny the facts of it ? Because a government devaluation is subject to the well-being of the UK economy (otherwise they get voted out, didn't work for Wilson did it) whereas the this is promted by currency flight over which the government have no control. The German trade surplus isn't a result Greece dragging down the value of the Euro it's a result of German productivity being 30% higher than the UK, with the associated lower cost base." Nissan has the most productive plant in the EU. But glad you accept that countries devalue for the benefit of their economies,have you ever seen one country that revalues upwards? ASk yourself why, currencys are mostly free floating these days and are valued on the base strengths of their economy hence why the germans want the euro, the pound has been overvalued for a while now because of the performance of our economy comapred to others most experts have said it was overdue for a reduction and it has happened,perhaps many of the speculators that bet on currencies fell for the remain sides lies about what would happen the day after the vote( how worse off were we going to be, emergency budget etc etc ) has the economy performed badly since the vote ? NO hence why many are predicting it will rise again. Please find some examples where similar countries to us have suffered from devalution | |||
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" The curtains would probably have cost about £10 to make (if that). Even adding on 20% for the pound devaluation (assuming they were made abroad), that makes a price increase of £2, not £10. Hence the retailer being accused of profiteering. So the unit cost at the factory gate in China is the price the retailer in the UK pays then?" In the news today.... Dunelm have announced that due to the weaker pound, retail prices on most of their goods will have to be increased. By 5%. Not 30%. 5% - reasonable 30% - profiteering. | |||
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"You cannot run an economy like ours long term, on virtually negative interest rates and an over-valued currency. We needed a reset and make leaving the EU will give us one. " I love it when people say that the pound was overvalued... because you are basically saying it has been for a long time, So can I hear at least one of you say bluntly that the devaluation will make your pound worth less and things in the shops cost more... Because too many of you are saying it is a good thing whilst forgetting it does make it harder for those at the bottom... Not everyone wins... as for example those with cars at the petrol pump will tell you | |||
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"You cannot run an economy like ours long term, on virtually negative interest rates and an over-valued currency. We needed a reset and make leaving the EU will give us one. I love it when people say that the pound was overvalued... because you are basically saying it has been for a long time, So can I hear at least one of you say bluntly that the devaluation will make your pound worth less and things in the shops cost more... Because too many of you are saying it is a good thing whilst forgetting it does make it harder for those at the bottom... Not everyone wins... as for example those with cars at the petrol pump will tell you " Not for a long time but for a period of time. We can all dream of a stable currency but it isn't going to happen. When I was going to Canada in 2013, I was getting 1.65CAD for my pound. In 2015, it was 1.98 CAD to the pound. Now it's back to around 1.55CAD. Everyone knew the pound was punching above its weight. It was just a matter of time before it took a hit. | |||
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"You cannot run an economy like ours long term, on virtually negative interest rates and an over-valued currency. We needed a reset and make leaving the EU will give us one. I love it when people say that the pound was overvalued... because you are basically saying it has been for a long time, So can I hear at least one of you say bluntly that the devaluation will make your pound worth less and things in the shops cost more... Because too many of you are saying it is a good thing whilst forgetting it does make it harder for those at the bottom... Not everyone wins... as for example those with cars at the petrol pump will tell you " Fabio, I believe the fall in sterling is a good thing for industry, as it will improve its overseas competitiveness and in the home market against imports. I am also pragmatic enough to agree that it will push up prices of imported goods on the shelves. Yes, that is a negative and it will hurt some people more than others. There are certain posters on here from both 'sides' who will argue 'til blue in the face that everything to do with leaving or remaining is best. That clearly is not true. There are pro's and con's to both. Sterling is one such example of that. Its' current level is advantageous in some respects and disadvantageous in others. Personally, working in manufacturing, I am happy with the level it is now at, and believe it will be for everyone's good before long. I know it will hurt some people now, but it will also be in to their benefit as the other effects begin to work. | |||
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"You cannot run an economy like ours long term, on virtually negative interest rates and an over-valued currency. We needed a reset and make leaving the EU will give us one. I love it when people say that the pound was overvalued... because you are basically saying it has been for a long time, So can I hear at least one of you say bluntly that the devaluation will make your pound worth less and things in the shops cost more... Because too many of you are saying it is a good thing whilst forgetting it does make it harder for those at the bottom... Not everyone wins... as for example those with cars at the petrol pump will tell you Fabio, I believe the fall in sterling is a good thing for industry, as it will improve its overseas competitiveness and in the home market against imports. I am also pragmatic enough to agree that it will push up prices of imported goods on the shelves. Yes, that is a negative and it will hurt some people more than others. There are certain posters on here from both 'sides' who will argue 'til blue in the face that everything to do with leaving or remaining is best. That clearly is not true. There are pro's and con's to both. Sterling is one such example of that. Its' current level is advantageous in some respects and disadvantageous in others. Personally, working in manufacturing, I am happy with the level it is now at, and believe it will be for everyone's good before long. I know it will hurt some people now, but it will also be in to their benefit as the other effects begin to work." Right, so you finally admit what you denied before, it's good for you, and shit for most people. Nice. | |||
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" Right, so you finally admit what you denied before, it's good for you, and shit for most people. Nice. " No. Read it again. This time try to understand what is being said, rather than pushing your incessant agenda. | |||
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" Right, so you finally admit what you denied before, it's good for you, and shit for most people. Nice. No. Read it again. This time try to understand what is being said, rather than pushing your incessant agenda." You export staff, its good for you, the VAST MAJORITY of the UK dont, and so it's shit for them. | |||
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" Right, so you finally admit what you denied before, it's good for you, and shit for most people. Nice. No. Read it again. This time try to understand what is being said, rather than pushing your incessant agenda. You export staff, its good for you, the VAST MAJORITY of the UK dont, and so it's shit for them. " " Right, so you finally admit what you denied before, it's good for you, and shit for most people. Nice. No. Read it again. This time try to understand what is being said, rather than pushing your incessant agenda. You export staff, its good for you, the VAST MAJORITY of the UK dont, and so it's shit for them. " It isn't just good for 'me' , 3 million people are directly employed in manufacturing it is good for them. That number will grow as our manufacturing base grows. In the meantime the tax they generate and the money they spend will be good for the economy around them. I imagine you won't have been anywhere as dirty and vulgar as a factory and don't appreciate such things. But this is where great economies build wealth. It won't be 'shit for everyone else' , there will be some negatives, which I have honestly highlighted. That doesn't make it 'shit'. Maybe once in a while, you could take a step back and consider the pro's and con's to a discussion, rather than just trying to win an argument?? | |||
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" Right, so you finally admit what you denied before, it's good for you, and shit for most people. Nice. No. Read it again. This time try to understand what is being said, rather than pushing your incessant agenda. You export staff, its good for you, the VAST MAJORITY of the UK dont, and so it's shit for them. Right, so you finally admit what you denied before, it's good for you, and shit for most people. Nice. No. Read it again. This time try to understand what is being said, rather than pushing your incessant agenda. You export staff, its good for you, the VAST MAJORITY of the UK dont, and so it's shit for them. It isn't just good for 'me' , 3 million people are directly employed in manufacturing it is good for them. That number will grow as our manufacturing base grows. In the meantime the tax they generate and the money they spend will be good for the economy around them. I imagine you won't have been anywhere as dirty and vulgar as a factory and don't appreciate such things. But this is where great economies build wealth. It won't be 'shit for everyone else' , there will be some negatives, which I have honestly highlighted. That doesn't make it 'shit'. Maybe once in a while, you could take a step back and consider the pro's and con's to a discussion, rather than just trying to win an argument?? " Just look at your own figures from God's sake, if only 3m work in manufacturing (not all of that will be exported anyway) that's what, 62m+ people who don't work in manufacturing! So 62m compared to 3m, sorry, but I prefer to do what's right for the 62m+, not the 3m | |||
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" Nissan has the most productive plant in the EU. But glad you accept that countries devalue for the benefit of their economies, " where have I said that?, the base cost in Germany is cheaper because 30 units are being produced for zero wage cost just down to greater productivity, that's where the export gain is derived not via a weak Euro! " have you ever seen one country that revalues upwards? ASk yourself why, currencys are mostly free floating these days and are valued on the base strengths of their economy " Exactly, and the currency flight indicates poor expectation of future UK growth, meanwhile foreign gilt holders receive less on their investment so either withdraw or force up yields on government debt so either taxes go up or spending is cut (if there's anything left to cut!) "the pound has been overvalued for a while now because of the performance of our economy comapred to others" Was it overvalued 10yrs ago when £1 bought nearly $2 and everyone was flying to New York for a weekend away? " Please find some examples where similar countries to us have suffered from devalution " All it does is reduces the devaluing economy to a sweatshop whilst failing to address the underlying causes, investment and productivity are the route to reducing a trade deficit not fudging the numbers. | |||
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" Just look at your own figures from God's sake, if only 3m work in manufacturing (not all of that will be exported anyway) that's what, 62m+ people who don't work in manufacturing! So 62m compared to 3m, sorry, but I prefer to do what's right for the 62m+, not the 3m" I think you'll do what's right for CLCC, not the whole country. By the way 62m aren't available for employment. So although you might be happy to get your cheap imported clothes made by children, it isn't allowed in the UK. The working population is about 20m. I never tried to claim everybody was involved in manufacturing, and gave info myself in my balanced answer. I'm not here scoring points being a Mr know-it-all. I have said about 10 times in this thread alone, there are pro's and cons. If you bothered reading, I have also stated prices on the shelves for completely imported items will rise. Others have pointed out the advantage Germany has gained from beneficial exchange rates. Their manufacturing based economy is something to learn from. Have you made any consideration to my point about thinking about the different sides to discussions? Because the impression I get, is that you are hell bent on just ramming the negative points. It doesn't come across as very considered. I get the image of a stereotypical politician who only ever tows the party line and ignores everything else. Just a point you might like to consider. | |||
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"You cannot run an economy like ours long term, on virtually negative interest rates and an over-valued currency. We needed a reset and make leaving the EU will give us one. I love it when people say that the pound was overvalued... because you are basically saying it has been for a long time, So can I hear at least one of you say bluntly that the devaluation will make your pound worth less and things in the shops cost more... Because too many of you are saying it is a good thing whilst forgetting it does make it harder for those at the bottom... Not everyone wins... as for example those with cars at the petrol pump will tell you " The former Governor of the Bank of England, Mervyn King said the pound had been over valued for a long time. He revealed a few months ago that the Bank of England had been trying to de-value the pound for the last 3 years, long before the question of an in/out EU referendum even came up. The bank of England's attempts to de-value the pound had been unsuccessful, now Brexit has given them the vehicle to achieve this long term (at least 3 years) objective. | |||
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" Just look at your own figures from God's sake, if only 3m work in manufacturing (not all of that will be exported anyway) that's what, 62m+ people who don't work in manufacturing! So 62m compared to 3m, sorry, but I prefer to do what's right for the 62m+, not the 3m I think you'll do what's right for CLCC, not the whole country. By the way 62m aren't available for employment. So although you might be happy to get your cheap imported clothes made by children, it isn't allowed in the UK. The working population is about 20m. I never tried to claim everybody was involved in manufacturing, and gave info myself in my balanced answer. I'm not here scoring points being a Mr know-it-all. I have said about 10 times in this thread alone, there are pro's and cons. If you bothered reading, I have also stated prices on the shelves for completely imported items will rise. Others have pointed out the advantage Germany has gained from beneficial exchange rates. Their manufacturing based economy is something to learn from. Have you made any consideration to my point about thinking about the different sides to discussions? Because the impression I get, is that you are hell bent on just ramming the negative points. It doesn't come across as very considered. I get the image of a stereotypical politician who only ever tows the party line and ignores everything else. Just a point you might like to consider." You don't know me at all. If only 3m work in manufacturing, even if we ignore the fact that not all manufacturing is exporting, that means 63m+ DONT work in manufacturing. I didn't say that they were working, just that that dont work in manufacturing. I too have pointed out there are benefits of the shit state of the pound. It benefits you, it DOESN'T benefit the VAST MAJORITY of the UK. Its well considered, it just doesn't agree with your "Me First" view of the world. | |||
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