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Good News. Toyota invest £240M in Derby plant.

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By *unandbuck OP   Couple  over a year ago

Sheffield

Good news today:

Toyota to invest £240m in UK operations.

Toyota says it will invest £240m to upgrade the Burnaston plant near Derby to enable production of vehicles using its new global manufacturing system.

The carmaker says the investment will improve the plant's competitiveness and promote UK supply chain efficiencies.

Toyota has been making cars in the UK since 1992. The Burnaston plant makes the Auris and the Avensis models.

Last year, the plant manufactured around 180,000 vehicles. Most are exported to the EU and elsewhere in the world.

The Burnaston plant, together with Toyota's engine plant at Deeside in North Wales, employ about 3,400 workers.

The government is also providing £21.3m in funding for training, research and development and enhancements of the plants environmental performance.

Good to hear, and good that the government is investing in British based manufacturing too.

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By (user no longer on site)  over a year ago

Can't complain at that

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By *ercuryMan  over a year ago

Grantham

One of my clients is hinting at big investment at Nissan this year. He's already been to Japan to get the process moving.

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By *entaur_UKMan  over a year ago

Cannock


"Good news today:

Toyota to invest £240m in UK operations.

Toyota says it will invest £240m to upgrade the Burnaston plant near Derby to enable production of vehicles using its new global manufacturing system.

The carmaker says the investment will improve the plant's competitiveness and promote UK supply chain efficiencies.

Toyota has been making cars in the UK since 1992. The Burnaston plant makes the Auris and the Avensis models.

Last year, the plant manufactured around 180,000 vehicles. Most are exported to the EU and elsewhere in the world.

The Burnaston plant, together with Toyota's engine plant at Deeside in North Wales, employ about 3,400 workers.

The government is also providing £21.3m in funding for training, research and development and enhancements of the plants environmental performance.

Good to hear, and good that the government is investing in British based manufacturing too."

Great news.

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By (user no longer on site)  over a year ago


"Can't complain at that "

True

But of course I am deluded

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By *xplicitlyricsMan  over a year ago

south dublin


"Can't complain at that

True

But of course I am deluded "

The two arent mutually exclusive

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By (user no longer on site)  over a year ago


"Can't complain at that

True

But of course I am deluded

The two arent mutually exclusive "

Or maybe I'm not

Take note of the government investment into training and research and development part which I predicted a day or so ago. The future for business and young people in the UK is brighter now than at any time I can remember (which is quite a while, old fart that I am) because the government has to make this work

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By (user no longer on site)  over a year ago


"Can't complain at that

True

But of course I am deluded

The two arent mutually exclusive

Or maybe I'm not

Take note of the government investment into training and research and development part which I predicted a day or so ago. The future for business and young people in the UK is brighter now than at any time I can remember (which is quite a while, old fart that I am) because the government has to make this work "

Investment in training, research and development in what specificslly though?

Problem for tories is though, that it means more borrowing - I have no issue with increasing our debt if it will pay itself back or if it is essential, but it makes me laugh when the tories harp on about labour borrowing :P

P.s, not meaning to sound sarcy in the first paragraphy.

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By (user no longer on site)  over a year ago

Smart move by toyota getting the government to pay a share of their bill

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By *avidnsa69Man  over a year ago

Essex


"Can't complain at that

True

But of course I am deluded

The two arent mutually exclusive

Or maybe I'm not

Take note of the government investment into training and research and development part which I predicted a day or so ago. The future for business and young people in the UK is brighter now than at any time I can remember (which is quite a while, old fart that I am) because the government has to make this work "

It's great news. However,the bit about the future for young people being brighter is utter tosh. The extra money being proposed for T levels and training is a fraction of the money that has been removed since 2010......funding has been reduced by 14% in that period

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By (user no longer on site)  over a year ago


"Can't complain at that

True

But of course I am deluded

The two arent mutually exclusive

Or maybe I'm not

Take note of the government investment into training and research and development part which I predicted a day or so ago. The future for business and young people in the UK is brighter now than at any time I can remember (which is quite a while, old fart that I am) because the government has to make this work

It's great news. However,the bit about the future for young people being brighter is utter tosh. The extra money being proposed for T levels and training is a fraction of the money that has been removed since 2010......funding has been reduced by 14% in that period"

Yes but now they will have to put it back won't they

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By *mmabluTV/TS  over a year ago

upton wirral

All this investment and all these jobs,when will the remainers apologies for being such short sited idiots and admit they are WRONG

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By (user no longer on site)  over a year ago


"Good news today:

Toyota to invest £240m in UK operations.

Toyota says it will invest £240m to upgrade the Burnaston plant near Derby to enable production of vehicles using its new global manufacturing system.

The carmaker says the investment will improve the plant's competitiveness and promote UK supply chain efficiencies.

Toyota has been making cars in the UK since 1992. The Burnaston plant makes the Auris and the Avensis models.

Last year, the plant manufactured around 180,000 vehicles. Most are exported to the EU and elsewhere in the world.

The Burnaston plant, together with Toyota's engine plant at Deeside in North Wales, employ about 3,400 workers.

The government is also providing £21.3m in funding for training, research and development and enhancements of the plants environmental performance.

Good to hear, and good that the government is investing in British based manufacturing too."

He also warned:

"Continued tariff-and-barrier free market access between the UK and Europe that is predictable and uncomplicated will be vital for future success."

.

.

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By *oorland2Couple  over a year ago

Stoke


"Good news today:

Toyota to invest £240m in UK operations.

Toyota says it will invest £240m to upgrade the Burnaston plant near Derby to enable production of vehicles using its new global manufacturing system.

The carmaker says the investment will improve the plant's competitiveness and promote UK supply chain efficiencies.

Toyota has been making cars in the UK since 1992. The Burnaston plant makes the Auris and the Avensis models.

Last year, the plant manufactured around 180,000 vehicles. Most are exported to the EU and elsewhere in the world.

The Burnaston plant, together with Toyota's engine plant at Deeside in North Wales, employ about 3,400 workers.

The government is also providing £21.3m in funding for training, research and development and enhancements of the plants environmental performance.

Good to hear, and good that the government is investing in British based manufacturing too."

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By *oorland2Couple  over a year ago

Stoke


"Can't complain at that

True

But of course I am deluded

The two arent mutually exclusive

Or maybe I'm not

Take note of the government investment into training and research and development part which I predicted a day or so ago. The future for business and young people in the UK is brighter now than at any time I can remember (which is quite a while, old fart that I am) because the government has to make this work

It's great news. However,the bit about the future for young people being brighter is utter tosh. The extra money being proposed for T levels and training is a fraction of the money that has been removed since 2010......funding has been reduced by 14% in that period"

Look around apprenticeships are once again booming, I've not known there be this many apprenticeships since the early 80's

Admittedly it's good for me as a freelance trainer assessor. But it's all wonderful seeing so many young people been given the skills and opportunity of wonderful careers which will last then a life time

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By *isandreTV/TS  over a year ago

Durham

It's good news, but again we get that warning about tariffs and barrier free access to the Single Market.

Perhaps in the end our new relationship with the EU won't change much at all. We'll have to accept EU regs, laws, free movement of labour and pay for it, but as long as we can get it done in 18 months to France's satisfaction...

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By (user no longer on site)  over a year ago


"It's good news, but again we get that warning about tariffs and barrier free access to the Single Market.

Perhaps in the end our new relationship with the EU won't change much at all. We'll have to accept EU regs, laws, free movement of labour and pay for it, but as long as we can get it done in 18 months to France's satisfaction... "

Little early to be d*unk?

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By *isandreTV/TS  over a year ago

Durham

Did you watch David Davis' performance in front of Hilary Benn?

It seemed to just start to register about tariffs and there were some pretty alarming things he'd just found out.

He used to say this would all be a piece of piss and could be sorted in no time, now he is talking extentions, transition periods, having to pay for the access we need.

Davis, Johnson and Fox all went out on Sunday to different media outlets and all had different views on how this will work out.

It will be no deal or shit deal, he'll see it coming and quit.

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By *oorland2Couple  over a year ago

Stoke


"It's good news, but again we get that warning about tariffs and barrier free access to the Single Market.

Perhaps in the end our new relationship with the EU won't change much at all. We'll have to accept EU regs, laws, free movement of labour and pay for it, but as long as we can get it done in 18 months to France's satisfaction... "

what the fuck has it got to with France, its about time for us to give them the bill for bailing the out in 1914-18 and again a few years later 40-45

As for free movement of people I really have no objection to skilled non skilled people moving about, but don't believe any body and their offsprings should be allowed to rock up here, then not to work but expect UK PLC to keep them and their kids

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By (user no longer on site)  over a year ago


"Did you watch David Davis' performance in front of Hilary Benn?

It seemed to just start to register about tariffs and there were some pretty alarming things he'd just found out.

He used to say this would all be a piece of piss and could be sorted in no time, now he is talking extentions, transition periods, having to pay for the access we need.

Davis, Johnson and Fox all went out on Sunday to different media outlets and all had different views on how this will work out.

It will be no deal or shit deal, he'll see it coming and quit.

"

Lol, no deal is a good deal

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By (user no longer on site)  over a year ago


"Can't complain at that

True

But of course I am deluded

The two arent mutually exclusive

Or maybe I'm not

Take note of the government investment into training and research and development part which I predicted a day or so ago. The future for business and young people in the UK is brighter now than at any time I can remember (which is quite a while, old fart that I am) because the government has to make this work

It's great news. However,the bit about the future for young people being brighter is utter tosh. The extra money being proposed for T levels and training is a fraction of the money that has been removed since 2010......funding has been reduced by 14% in that period

Look around apprenticeships are once again booming, I've not known there be this many apprenticeships since the early 80's

Admittedly it's good for me as a freelance trainer assessor. But it's all wonderful seeing so many young people been given the skills and opportunity of wonderful careers which will last then a life time"

Last a life time ?. A future proof career?.I'll have a look in your crystal ball when you've got a moment.

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By *oorland2Couple  over a year ago

Stoke


"Can't complain at that

True

But of course I am deluded

The two arent mutually exclusive

Or maybe I'm not

Take note of the government investment into training and research and development part which I predicted a day or so ago. The future for business and young people in the UK is brighter now than at any time I can remember (which is quite a while, old fart that I am) because the government has to make this work

It's great news. However,the bit about the future for young people being brighter is utter tosh. The extra money being proposed for T levels and training is a fraction of the money that has been removed since 2010......funding has been reduced by 14% in that period

Look around apprenticeships are once again booming, I've not known there be this many apprenticeships since the early 80's

Admittedly it's good for me as a freelance trainer assessor. But it's all wonderful seeing so many young people been given the skills and opportunity of wonderful careers which will last then a life timeLast a life time ?. A future proof career?.I'll have a look in your crystal ball when you've got a moment."

Admittedly nothing is future proof, but quality training and skills will last a life time, and will give the youngsters a far better start in life and hopefully last them well in to the future. But skills can be built on and transferred in to other job types, or should we do nothing and hope for success for them

As for my crystalll ball it got shattered as a kid by an alcoholic gambling addicted father. I replaced it with a will to succeed, an ability to adapt and over come and the willingness to learn new skills and work hard

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By *isandreTV/TS  over a year ago

Durham

'what the fuck has it got to with France'

Because although no single country can veto any deal on the terms of leaving, where it touches on future relations and trading relationships that go beyond the scope of the EU's powers, which they likely will, each individual countries parliament will have to approve the new deal. So most likely France will have a veto on any deal. Not coming to a deal will damage everyone, but in the same way, as Brexiters say, no deal is better than a bad deal for us, so that applies to each of the other 27 countries.

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By (user no longer on site)  over a year ago


"Can't complain at that

True

But of course I am deluded

The two arent mutually exclusive

Or maybe I'm not

Take note of the government investment into training and research and development part which I predicted a day or so ago. The future for business and young people in the UK is brighter now than at any time I can remember (which is quite a while, old fart that I am) because the government has to make this work

It's great news. However,the bit about the future for young people being brighter is utter tosh. The extra money being proposed for T levels and training is a fraction of the money that has been removed since 2010......funding has been reduced by 14% in that period

Look around apprenticeships are once again booming, I've not known there be this many apprenticeships since the early 80's

Admittedly it's good for me as a freelance trainer assessor. But it's all wonderful seeing so many young people been given the skills and opportunity of wonderful careers which will last then a life timeLast a life time ?. A future proof career?.I'll have a look in your crystal ball when you've got a moment.

Admittedly nothing is future proof, but quality training and skills will last a life time, and will give the youngsters a far better start in life and hopefully last them well in to the future. But skills can be built on and transferred in to other job types, or should we do nothing and hope for success for them

As for my crystalll ball it got shattered as a kid by an alcoholic gambling addicted father. I replaced it with a will to succeed, an ability to adapt and over come and the willingness to learn new skills and work hard "

They kids will need all those things. Mostly the ability to adapt and learn.Realistically 30% to 50% of all jobs you have today will be lost by 2050.Automation is comming.

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By *oi_LucyCouple  over a year ago

Barbados


"Good news today:

Toyota to invest £240m in UK operations.

Toyota says it will invest £240m to upgrade the Burnaston plant near Derby to enable production of vehicles using its new global manufacturing system.

The carmaker says the investment will improve the plant's competitiveness and promote UK supply chain efficiencies.

Toyota has been making cars in the UK since 1992. The Burnaston plant makes the Auris and the Avensis models.

Last year, the plant manufactured around 180,000 vehicles. Most are exported to the EU and elsewhere in the world.

The Burnaston plant, together with Toyota's engine plant at Deeside in North Wales, employ about 3,400 workers.

The government is also providing £21.3m in funding for training, research and development and enhancements of the plants environmental performance.

Good to hear, and good that the government is investing in British based manufacturing too."

Yup great news! Especially as they said that "Continued tariff-and-barrier free market access between the UK and Europe that is predictable and uncomplicated will be vital for future success.". So hopefully May is listening to them and the other companies that say we need to be in the single market still. It would be great if the Tory's kept they manifesto pledge, but alas I'm not holding out much hope at the moment.

-Matt

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By (user no longer on site)  over a year ago


"Good news today:

Toyota to invest £240m in UK operations.

Toyota says it will invest £240m to upgrade the Burnaston plant near Derby to enable production of vehicles using its new global manufacturing system.

The carmaker says the investment will improve the plant's competitiveness and promote UK supply chain efficiencies.

Toyota has been making cars in the UK since 1992. The Burnaston plant makes the Auris and the Avensis models.

Last year, the plant manufactured around 180,000 vehicles. Most are exported to the EU and elsewhere in the world.

The Burnaston plant, together with Toyota's engine plant at Deeside in North Wales, employ about 3,400 workers.

The government is also providing £21.3m in funding for training, research and development and enhancements of the plants environmental performance.

Good to hear, and good that the government is investing in British based manufacturing too.

He also warned:

"Continued tariff-and-barrier free market access between the UK and Europe that is predictable and uncomplicated will be vital for future success."

.

."

Yet he has still invested.... abbé the car industry know what most sensible people have already figured out. Tariffs would damage the EU for more than us....so very unlikely to happen!

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By *oorland2Couple  over a year ago

Stoke


"Good news today:

Toyota to invest £240m in UK operations.

Toyota says it will invest £240m to upgrade the Burnaston plant near Derby to enable production of vehicles using its new global manufacturing system.

The carmaker says the investment will improve the plant's competitiveness and promote UK supply chain efficiencies.

Toyota has been making cars in the UK since 1992. The Burnaston plant makes the Auris and the Avensis models.

Last year, the plant manufactured around 180,000 vehicles. Most are exported to the EU and elsewhere in the world.

The Burnaston plant, together with Toyota's engine plant at Deeside in North Wales, employ about 3,400 workers.

The government is also providing £21.3m in funding for training, research and development and enhancements of the plants environmental performance.

Good to hear, and good that the government is investing in British based manufacturing too.

He also warned:

"Continued tariff-and-barrier free market access between the UK and Europe that is predictable and uncomplicated will be vital for future success."

.

.

Yet he has still invested.... abbé the car industry know what most sensible people have already figured out. Tariffs would damage the EU for more than us....so very unlikely to happen!"

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By (user no longer on site)  over a year ago


"Good news today:

Toyota to invest £240m in UK operations.

Toyota says it will invest £240m to upgrade the Burnaston plant near Derby to enable production of vehicles using its new global manufacturing system.

The carmaker says the investment will improve the plant's competitiveness and promote UK supply chain efficiencies.

Toyota has been making cars in the UK since 1992. The Burnaston plant makes the Auris and the Avensis models.

Last year, the plant manufactured around 180,000 vehicles. Most are exported to the EU and elsewhere in the world.

The Burnaston plant, together with Toyota's engine plant at Deeside in North Wales, employ about 3,400 workers.

The government is also providing £21.3m in funding for training, research and development and enhancements of the plants environmental performance.

Good to hear, and good that the government is investing in British based manufacturing too.

He also warned:

"Continued tariff-and-barrier free market access between the UK and Europe that is predictable and uncomplicated will be vital for future success."

.

.

Yet he has still invested.... abbé the car industry know what most sensible people have already figured out. Tariffs would damage the EU for more than us....so very unlikely to happen!"

Toyota, the leaders in lean manufacturing. They are the master in switching from batch manufacturing to lean. The ability to deliver fast when a car is bought. They already do automation and will continue their practices to improve cycle time.

Anyway. In or out of the EU, doesn't matter. There is a market and delivering across borders brings cost and time. Makes sense they'll invest in most countries.

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By *LCCCouple  over a year ago

Cambridge


"It's good news, but again we get that warning about tariffs and barrier free access to the Single Market.

Perhaps in the end our new relationship with the EU won't change much at all. We'll have to accept EU regs, laws, free movement of labour and pay for it, but as long as we can get it done in 18 months to France's satisfaction...

what the fuck has it got to with France, its about time for us to give them the bill for bailing the out in 1914-18 and again a few years later 40-45

As for free movement of people I really have no objection to skilled non skilled people moving about, but don't believe any body and their offsprings should be allowed to rock up here, then not to work but expect UK PLC to keep them and their kids "

EU treaties cover the free movement of workers, not the free movement of just any one, so I'm glad to see you agree with the status quo when it comes to EU migration

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By *LCCCouple  over a year ago

Cambridge

Any investment in the UK is good, but more investment is always better. From the posts on here is sounds as though the Leave voters are astounded that anyone is still investing in Britain. The real question is obviously not "is there any investment in Britain", but "is there less, the same, or more investment in Britain post Brexit" one investment does not answer that question.

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By *oncupiscentTonyMan  over a year ago

Kent


"Toyota to invest £240m in UK operations.

Toyota says it will invest £240m to upgrade the Burnaston plant near Derby to enable production of vehicles using its new global manufacturing system."

It's certainly not to be sniffed at but there's no new model award and it's only bringing the site back up to scratch, keep it in context of the $10bn investment in USA sites Toyota announced in January.

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By *avidnsa69Man  over a year ago

Essex


"Can't complain at that

True

But of course I am deluded

The two arent mutually exclusive

Or maybe I'm not

Take note of the government investment into training and research and development part which I predicted a day or so ago. The future for business and young people in the UK is brighter now than at any time I can remember (which is quite a while, old fart that I am) because the government has to make this work

It's great news. However,the bit about the future for young people being brighter is utter tosh. The extra money being proposed for T levels and training is a fraction of the money that has been removed since 2010......funding has been reduced by 14% in that period

Yes but now they will have to put it back won't they"

Um nope. Theyre not putting it back at all. At the end of the period theyre talking about, the level of investment will still be lower than when they started in 2010.

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By *avidnsa69Man  over a year ago

Essex


"Can't complain at that

True

But of course I am deluded

The two arent mutually exclusive

Or maybe I'm not

Take note of the government investment into training and research and development part which I predicted a day or so ago. The future for business and young people in the UK is brighter now than at any time I can remember (which is quite a while, old fart that I am) because the government has to make this work

It's great news. However,the bit about the future for young people being brighter is utter tosh. The extra money being proposed for T levels and training is a fraction of the money that has been removed since 2010......funding has been reduced by 14% in that period

Look around apprenticeships are once again booming, I've not known there be this many apprenticeships since the early 80's

Admittedly it's good for me as a freelance trainer assessor. But it's all wonderful seeing so many young people been given the skills and opportunity of wonderful careers which will last then a life time"

Just ignore facts why dont you. The amount of funding has been reduced by 14%. The number of private training providers going bust is at an all time high. The funding per apprentice is going to reduce again under the new frameworks......it's a wonderful

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By (user no longer on site)  over a year ago


"Good news today:

Toyota to invest £240m in UK operations.

Toyota says it will invest £240m to upgrade the Burnaston plant near Derby to enable production of vehicles using its new global manufacturing system.

The carmaker says the investment will improve the plant's competitiveness and promote UK supply chain efficiencies.

Toyota has been making cars in the UK since 1992. The Burnaston plant makes the Auris and the Avensis models.

Last year, the plant manufactured around 180,000 vehicles. Most are exported to the EU and elsewhere in the world.

The Burnaston plant, together with Toyota's engine plant at Deeside in North Wales, employ about 3,400 workers.

The government is also providing £21.3m in funding for training, research and development and enhancements of the plants environmental performance.

Good to hear, and good that the government is investing in British based manufacturing too."

Great news and even more so with the stock exchange being at an all time high. It seems that those who have to invest money remain very connfident in the future of the Uk. People will still buy out goods , there will just be a few alterations to how we conduct our business .

A further benefit of the rising stock exchange is that anyone saving into a pension scheme will benefit due to the significant increase in fund value .

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By *oi_LucyCouple  over a year ago

Barbados

Pat, I thought you said you should ignore short term movement in the stock market?

-Matt

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By *xplicitlyricsMan  over a year ago

south dublin


"Pat, I thought you said you should ignore short term movement in the stock market?

-Matt"

Only when it suits though. And make sure to ignore anything that sounds too complex like the fact that Sterlings devaluation accounts for most of the rise in the stock market.

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By *oi_LucyCouple  over a year ago

Barbados


"Pat, I thought you said you should ignore short term movement in the stock market?

-Matt

Only when it suits though. And make sure to ignore anything that sounds too complex like the fact that Sterlings devaluation accounts for most of the rise in the stock market. "

Yeah, I wasn't going to go there again.

I mean in the short term it is pretty good, I just got my pension statement through and my 'pot' has doubled in the past year. Which is great, but I'm not due to retire for another 20-30 years.

Shame the currency speculation is seen by some as a barometer for the health of the economy.

-Matt

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By (user no longer on site)  over a year ago


"Pat, I thought you said you should ignore short term movement in the stock market?

-Matt"

Yes . That is exactly what I said . However the trend over the last nine months has been consistently upwards which would tend to indicate that those making decisions and investing are not too concerned about the impact of Brexit .

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By (user no longer on site)  over a year ago


"Pat, I thought you said you should ignore short term movement in the stock market?

-Matt

Only when it suits though. And make sure to ignore anything that sounds too complex like the fact that Sterlings devaluation accounts for most of the rise in the stock market.

Yeah, I wasn't going to go there again.

I mean in the short term it is pretty good, I just got my pension statement through and my 'pot' has doubled in the past year. Which is great, but I'm not due to retire for another 20-30 years.

Shame the currency speculation is seen by some as a barometer for the health of the economy.

-Matt"

It would be difficult to see how anyone would claim that currency speculation is an indicator of financial performance . I have yet to see anyone make such a correlation .

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By (user no longer on site)  over a year ago


"Pat, I thought you said you should ignore short term movement in the stock market?

-Matt

Only when it suits though. And make sure to ignore anything that sounds too complex like the fact that Sterlings devaluation accounts for most of the rise in the stock market. "

There is however a significant difference between the foreign exchange impact of currency movements on the current year profits and the long trm valuation of a company .

Any anomalies will be factored out when valuing a company . Valuations will be based on the long term future prospect of a company and none of these appear to have been adjusted downwards as a result of Brexit . The UK stock exchange is at an all time high which can only be good for workers who take part in their companies share purchase schemes

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By *xplicitlyricsMan  over a year ago

south dublin


"Pat, I thought you said you should ignore short term movement in the stock market?

-Matt

Only when it suits though. And make sure to ignore anything that sounds too complex like the fact that Sterlings devaluation accounts for most of the rise in the stock market. There is however a significant difference between the foreign exchange impact of currency movements on the current year profits and the long trm valuation of a company .

Any anomalies will be factored out when valuing a company . Valuations will be based on the long term future prospect of a company and none of these appear to have been adjusted downwards as a result of Brexit . The UK stock exchange is at an all time high which can only be good for workers who take part in their companies share purchase schemes "

Its been explained to you many times how this works and in many different ways. Its just too complex for you to understand.

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By (user no longer on site)  over a year ago


"Pat, I thought you said you should ignore short term movement in the stock market?

-Matt

Only when it suits though. And make sure to ignore anything that sounds too complex like the fact that Sterlings devaluation accounts for most of the rise in the stock market.

Yeah, I wasn't going to go there again.

I mean in the short term it is pretty good, I just got my pension statement through and my 'pot' has doubled in the past year. Which is great, but I'm not due to retire for another 20-30 years.

Shame the currency speculation is seen by some as a barometer for the health of the economy.

-Matt"

How many people have American fund management firm "Blackrock" fixed into their Pension Portfolio, you happy that George Osborne is placing his wisdom there?

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By *LCCCouple  over a year ago

Cambridge


"Pat, I thought you said you should ignore short term movement in the stock market?

-Matt

Only when it suits though. And make sure to ignore anything that sounds too complex like the fact that Sterlings devaluation accounts for most of the rise in the stock market.

Yeah, I wasn't going to go there again.

I mean in the short term it is pretty good, I just got my pension statement through and my 'pot' has doubled in the past year. Which is great, but I'm not due to retire for another 20-30 years.

Shame the currency speculation is seen by some as a barometer for the health of the economy.

-Matt

How many people have American fund management firm "Blackrock" fixed into their Pension Portfolio, you happy that George Osborne is placing his wisdom there? "

Has anyone got an application form for them? I quite fancy £650,000 for 48 days a year

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By (user no longer on site)  over a year ago


"Pat, I thought you said you should ignore short term movement in the stock market?

-Matt

Only when it suits though. And make sure to ignore anything that sounds too complex like the fact that Sterlings devaluation accounts for most of the rise in the stock market. There is however a significant difference between the foreign exchange impact of currency movements on the current year profits and the long trm valuation of a company .

Any anomalies will be factored out when valuing a company . Valuations will be based on the long term future prospect of a company and none of these appear to have been adjusted downwards as a result of Brexit . The UK stock exchange is at an all time high which can only be good for workers who take part in their companies share purchase schemes

Its been explained to you many times how this works and in many different ways. Its just too complex for you to understand."

I appreciate that but I do not have necessarily have to accept anyones arguement . It migbt just be that some posters do not have a full appreciation as to how the long term valuations of xompanies are arrived at.

I have worked with up to forty different companies at a shipping so would have hoped to have gained a little knowledge .

Luckily we live in a free society so some can take good economic news as being just that and others can adjust factors out of it to turn it into bad news .

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By (user no longer on site)  over a year ago


"Pat, I thought you said you should ignore short term movement in the stock market?

-Matt

Only when it suits though. And make sure to ignore anything that sounds too complex like the fact that Sterlings devaluation accounts for most of the rise in the stock market.

Yeah, I wasn't going to go there again.

I mean in the short term it is pretty good, I just got my pension statement through and my 'pot' has doubled in the past year. Which is great, but I'm not due to retire for another 20-30 years.

Shame the currency speculation is seen by some as a barometer for the health of the economy.

-Matt

How many people have American fund management firm "Blackrock" fixed into their Pension Portfolio, you happy that George Osborne is placing his wisdom there? "

I am guessing that most people would only be interested in the long term performance of their selected pension fund manager and its performance when compared against other funds . Is he working for Bkackrock just as a general adviser ..

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By *oo hotCouple  over a year ago

North West


"Pat, I thought you said you should ignore short term movement in the stock market?

-Matt

Yes . That is exactly what I said . However the trend over the last nine months has been consistently upwards which would tend to indicate that those making decisions and investing are not too concerned about the impact of Brexit .

"

You are old enough to have witnessed what can happen to any market on a bull run. The world can turn to shit in less time than it takes to recover from a sneeze. This has happened previously in the U.K. In your adult lifetime and the potential consequences of Brexit could very easily cause it to happen again. Confidence is not a measurable commodity and it does not take much for it to take a knock and others to jump on the bandwagon.

Two or three bad results for Govt policy in a short space of time is all that it takes to knock confidence in the country because of its governance.

You are old enough to have seen this on at least three occasions since the 1980's and so your bluster is either indicative of a typical Brexiter economist who has learned all you want to know about the economy in the last 18 months or you have a very short memory.

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By (user no longer on site)  over a year ago


"Pat, I thought you said you should ignore short term movement in the stock market?

-Matt

Yes . That is exactly what I said . However the trend over the last nine months has been consistently upwards which would tend to indicate that those making decisions and investing are not too concerned about the impact of Brexit .

You are old enough to have witnessed what can happen to any market on a bull run. The world can turn to shit in less time than it takes to recover from a sneeze. This has happened previously in the U.K. In your adult lifetime and the potential consequences of Brexit could very easily cause it to happen again. Confidence is not a measurable commodity and it does not take much for it to take a knock and others to jump on the bandwagon.

Two or three bad results for Govt policy in a short space of time is all that it takes to knock confidence in the country because of its governance.

You are old enough to have seen this on at least three occasions since the 1980's and so your bluster is either indicative of a typical Brexiter economist who has learned all you want to know about the economy in the last 18 months or you have a very short memory."

Yes . I remember all those events and take a long run average over a period of at least twenty years . To date we have never had a collapse from which we have not recovered . It is simply peaks and troughs .

However confidence is high at the moment . I do not see the economy coming to a standstill because of our decision to leave the EU.

No one can predict the future but currently it looks good .

Car sales in the UK are at an all time high .

Luckily we live in a free society no one has to accept that the future looks good ( or vice versa )..

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By *oorland2Couple  over a year ago

Stoke


"Good news today:

Toyota to invest £240m in UK operations.

Toyota says it will invest £240m to upgrade the Burnaston plant near Derby to enable production of vehicles using its new global manufacturing system.

The carmaker says the investment will improve the plant's competitiveness and promote UK supply chain efficiencies.

Toyota has been making cars in the UK since 1992. The Burnaston plant makes the Auris and the Avensis models.

Last year, the plant manufactured around 180,000 vehicles. Most are exported to the EU and elsewhere in the world.

The Burnaston plant, together with Toyota's engine plant at Deeside in North Wales, employ about 3,400 workers.

The government is also providing £21.3m in funding for training, research and development and enhancements of the plants environmental performance.

Good to hear, and good that the government is investing in British based manufacturing too.

He also warned:

"Continued tariff-and-barrier free market access between the UK and Europe that is predictable and uncomplicated will be vital for future success."

.

.

Yet he has still invested.... abbé the car industry know what most sensible people have already figured out. Tariffs would damage the EU for more than us....so very unlikely to happen!

Toyota, the leaders in lean manufacturing. They are the master in switching from batch manufacturing to lean. The ability to deliver fast when a car is bought. They already do automation and will continue their practices to improve cycle time.

Anyway. In or out of the EU, doesn't matter. There is a market and delivering across borders brings cost and time. Makes sense they'll invest in most countries."

At last I can agree with you, but lean isn't a new concept, it's just that Toyota have been recognised as having a good policy procedure and process

I've worked with JIT concept for years, as well as trained out delivered the lean concept

Truthfully lots of it is just plain common. Sense, but like most concepts only delivers when you get all involved to sign up to the idea

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By *oorland2Couple  over a year ago

Stoke


"Pat, I thought you said you should ignore short term movement in the stock market?

-Matt

Yes . That is exactly what I said . However the trend over the last nine months has been consistently upwards which would tend to indicate that those making decisions and investing are not too concerned about the impact of Brexit .

You are old enough to have witnessed what can happen to any market on a bull run. The world can turn to shit in less time than it takes to recover from a sneeze. This has happened previously in the U.K. In your adult lifetime and the potential consequences of Brexit could very easily cause it to happen again. Confidence is not a measurable commodity and it does not take much for it to take a knock and others to jump on the bandwagon.

Two or three bad results for Govt policy in a short space of time is all that it takes to knock confidence in the country because of its governance.

You are old enough to have seen this on at least three occasions since the 1980's and so your bluster is either indicative of a typical Brexiter economist who has learned all you want to know about the economy in the last 18 months or you have a very short memory. Yes . I remember all those events and take a long run average over a period of at least twenty years . To date we have never had a collapse from which we have not recovered . It is simply peaks and troughs .

However confidence is high at the moment . I do not see the economy coming to a standstill because of our decision to leave the EU.

No one can predict the future but currently it looks good .

Car sales in the UK are at an all time high .

Luckily we live in a free society no one has to accept that the future looks good ( or vice versa )..

"

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By *oorland2Couple  over a year ago

Stoke


"Pat, I thought you said you should ignore short term movement in the stock market?

-Matt

Yes . That is exactly what I said . However the trend over the last nine months has been consistently upwards which would tend to indicate that those making decisions and investing are not too concerned about the impact of Brexit .

You are old enough to have witnessed what can happen to any market on a bull run. The world can turn to shit in less time than it takes to recover from a sneeze. This has happened previously in the U.K. In your adult lifetime and the potential consequences of Brexit could very easily cause it to happen again. Confidence is not a measurable commodity and it does not take much for it to take a knock and others to jump on the bandwagon.

Two or three bad results for Govt policy in a short space of time is all that it takes to knock confidence in the country because of its governance.

You are old enough to have seen this on at least three occasions since the 1980's and so your bluster is either indicative of a typical Brexiter economist who has learned all you want to know about the economy in the last 18 months or you have a very short memory."

Is that the same economists who didn't predict the housing crash, or any other slump in the market. Is it the same economists who said the UK, would grind to a stop with in weeks of a vote leave. You can keep your economists, my gut instincts have served me far far better than any economist ever could

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By *oorland2Couple  over a year ago

Stoke


"Can't complain at that

True

But of course I am deluded

The two arent mutually exclusive

Or maybe I'm not

Take note of the government investment into training and research and development part which I predicted a day or so ago. The future for business and young people in the UK is brighter now than at any time I can remember (which is quite a while, old fart that I am) because the government has to make this work

It's great news. However,the bit about the future for young people being brighter is utter tosh. The extra money being proposed for T levels and training is a fraction of the money that has been removed since 2010......funding has been reduced by 14% in that period

Look around apprenticeships are once again booming, I've not known there be this many apprenticeships since the early 80's

Admittedly it's good for me as a freelance trainer assessor. But it's all wonderful seeing so many young people been given the skills and opportunity of wonderful careers which will last then a life timeLast a life time ?. A future proof career?.I'll have a look in your crystal ball when you've got a moment.

Admittedly nothing is future proof, but quality training and skills will last a life time, and will give the youngsters a far better start in life and hopefully last them well in to the future. But skills can be built on and transferred in to other job types, or should we do nothing and hope for success for them

As for my crystalll ball it got shattered as a kid by an alcoholic gambling addicted father. I replaced it with a will to succeed, an ability to adapt and over come and the willingness to learn new skills and work hard They kids will need all those things. Mostly the ability to adapt and learn.Realistically 30% to 50% of all jobs you have today will be lost by 2050.Automation is comming."

Argh right let's not invest in them then as in 30 years they might not have their current job. What a stupid concept

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By (user no longer on site)  over a year ago


"Pat, I thought you said you should ignore short term movement in the stock market?

-Matt

Yes . That is exactly what I said . However the trend over the last nine months has been consistently upwards which would tend to indicate that those making decisions and investing are not too concerned about the impact of Brexit .

You are old enough to have witnessed what can happen to any market on a bull run. The world can turn to shit in less time than it takes to recover from a sneeze. This has happened previously in the U.K. In your adult lifetime and the potential consequences of Brexit could very easily cause it to happen again. Confidence is not a measurable commodity and it does not take much for it to take a knock and others to jump on the bandwagon.

Two or three bad results for Govt policy in a short space of time is all that it takes to knock confidence in the country because of its governance.

You are old enough to have seen this on at least three occasions since the 1980's and so your bluster is either indicative of a typical Brexiter economist who has learned all you want to know about the economy in the last 18 months or you have a very short memory.

Is that the same economists who didn't predict the housing crash, or any other slump in the market. Is it the same economists who said the UK, would grind to a stop with in weeks of a vote leave. You can keep your economists, my gut instincts have served me far far better than any economist ever could"

Well said . Some of the best decisions that I have ever made in life were based on guy instinct . I have ignored others and ploughed on regardless.

If I had listened to the advice I might still be just analysing data on a spreadsheet .

There are only so many facts and figures necessary in order to make a decision

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