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Post by jonksy on Apr 11, 2023 11:44:10 GMT
Despite the usuals meagre attempts at proving otherwise.
Twice as many Frog companies will go bust as British ones over the next two years, forecasts reveal, piling further pressure onto Micron
Some 59,000 companies are projected to fall into insolvency in Frogland this year, falling to 57,000 in 2024. In the UK the figures are 28,500 this year and 31,000 in 2024, according to research by Allianz Trade.
The sharp rise comes as the French president is grappling with a backlash to economic reforms including the decision to increase the minimum pension age.
Projections also show EUSSR-wide bankruptcies this year will be far higher than the UK as a proportion of pre-pandemic levels.
There will be 23pc more bankruptcies in 2023 compared with 2019 across the Eurozone, compared with a 16pc rise in Britain.
Credit insurers, which help businesses or customers pay for supplies or goods, are often dubbed the “canary in the coal mine” in the corporate world. When they “pull cover” on a company, it indicates concerns about the state of the firm’s finances.
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Post by piglet on Apr 11, 2023 13:19:03 GMT
The curbing of the loony left and unions was done by Maggie. France has yet to live within its means. Civil war beckons.
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Post by Fairsociety on Apr 11, 2023 13:25:53 GMT
Poor old vindictive, spiteful Macron, it couldn't happen to a nicer guy ... LOL
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Post by jonksy on Apr 11, 2023 14:07:30 GMT
The curbing of the loony left and unions was done by Maggie. France has yet to live within its means. Civil war beckons. They have made a bloody good start in Frogland. But of course the usual blind will not see the facts. |
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Post by jonksy on Apr 11, 2023 14:08:56 GMT
The curbing of the loony left and unions was done by Maggie. France has yet to live within its means. Civil war beckons. But of course like all good lefty ringpeices it will be everyones elses fault and not his. |
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Post by dodgydave on Apr 14, 2023 1:16:54 GMT
I've done quite a lot of reading on the French economy.
On the face of it everything seems well run, cheap trains, cheap electric etc. However, their public services, transport and utilities are massively subsidized by the taxpayer, and all have huge debts, yet any attempt at reform is stopped by the unions / protests.
They are basically living in a fantasy land where prices are low, but they pay the second highest taxes in Europe to subsidize those low prices lol.
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Post by jonksy on Apr 14, 2023 5:50:12 GMT
I've done quite a lot of reading on the French economy. On the face of it everything seems well run, cheap trains, cheap electric etc. However, their public services, transport and utilities are massively subsidized by the taxpayer, and all have huge debts, yet any attempt at reform is stopped by the unions / protests. They are basically living in a fantasy land where prices are low, but they pay the second highest taxes in Europe to subsidize those low prices lol. Correct me if I'm wrong Dave but didn't we have to help bale them out on the tunnel during the Pandemic as that was close to going bankrupt. |
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Post by oracle75 on Apr 14, 2023 7:20:44 GMT
I've done quite a lot of reading on the French economy. On the face of it everything seems well run, cheap trains, cheap electric etc. However, their public services, transport and utilities are massively subsidized by the taxpayer, and all have huge debts, yet any attempt at reform is stopped by the unions / protests. They are basically living in a fantasy land where prices are low, but they pay the second highest taxes in Europe to subsidize those low prices lol. That is what the French pay higher taxes for. Cheaper prices at the point of use. It means poorer people can pay less for the necessities such as transport, services and utilities and enjoy the same benefits. It is how they choose to live. A matter of democratic and cultural choice. It seems the UK prefers that the poorer live in freezing homes, use food banks and cant afford to travel by train. Simply a matter of choice. By the way it has nothing to do with Brexit. It has been this way for many years. |
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Post by Fairsociety on Apr 14, 2023 7:30:20 GMT
I've done quite a lot of reading on the French economy. On the face of it everything seems well run, cheap trains, cheap electric etc. However, their public services, transport and utilities are massively subsidized by the taxpayer, and all have huge debts, yet any attempt at reform is stopped by the unions / protests. They are basically living in a fantasy land where prices are low, but they pay the second highest taxes in Europe to subsidize those low prices lol. Not to mention we in the UK subsidise their cheap energy bills, while they have a small price cap, ours is much bigger so they can enjoy cheaper energy.
Électricité de France customers in Britain have their annual energy bills capped at £1,971 under a system overseen by Ofgem - who regulate the UK's energy. But French householders on their country's regulated tariffs only face bills in the region of €950 (£803
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Post by Pacifico on Apr 14, 2023 7:45:01 GMT
I've done quite a lot of reading on the French economy. On the face of it everything seems well run, cheap trains, cheap electric etc. However, their public services, transport and utilities are massively subsidized by the taxpayer, and all have huge debts, yet any attempt at reform is stopped by the unions / protests. They are basically living in a fantasy land where prices are low, but they pay the second highest taxes in Europe to subsidize those low prices lol. Not to mention we in the UK subsidise their cheap energy bills, while they have a small price cap, ours is much bigger so they can enjoy cheaper energy.
Électricité de France customers in Britain have their annual energy bills capped at £1,971 under a system overseen by Ofgem - who regulate the UK's energy. But French householders on their country's regulated tariffs only face bills in the region of €950 (£803
Yes but that is because the French State subsidise domestic bills in France. There is nothing actually preventing a UK Government from using taxpayers money to subsidise bills in the UK. Just political will. |
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Post by Fairsociety on Apr 14, 2023 7:56:08 GMT
Not to mention we in the UK subsidise their cheap energy bills, while they have a small price cap, ours is much bigger so they can enjoy cheaper energy.
Électricité de France customers in Britain have their annual energy bills capped at £1,971 under a system overseen by Ofgem - who regulate the UK's energy. But French householders on their country's regulated tariffs only face bills in the region of €950 (£803
Yes but that is because the French State subsidise domestic bills in France. There is nothing actually preventing a UK Government from using taxpayers money to subsidise bills in the UK. Just political will. To be honest I can't get my head around the government dishing out £67 a month towards energy bills to almost every household, I personally do not need £67, I would rather it be means tested, it's just letting the energy companies off the hook, basically tax payers are getting their own money back to subsidise their own energy bills, and then we have to pay it back... crazy. |
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Post by andrewbrown on Apr 14, 2023 19:03:57 GMT
Whilst in theory you are right, I suspect that giving it to everyone is cheaper and quicker than trying to means test everyone.
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Post by dodgydave on Apr 15, 2023 1:09:41 GMT
I've done quite a lot of reading on the French economy. On the face of it everything seems well run, cheap trains, cheap electric etc. However, their public services, transport and utilities are massively subsidized by the taxpayer, and all have huge debts, yet any attempt at reform is stopped by the unions / protests. They are basically living in a fantasy land where prices are low, but they pay the second highest taxes in Europe to subsidize those low prices lol. That is what the French pay higher taxes for. Cheaper prices at the point of use. It means poorer people can pay less for the necessities such as transport, services and utilities and enjoy the same benefits. It is how they choose to live. A matter of democratic and cultural choice. It seems the UK prefers that the poorer live in freezing homes, use food banks and cant afford to travel by train. Simply a matter of choice. By the way it has nothing to do with Brexit. It has been this way for many years. No, like I just stated it is a mirage. It looks cheap then they have a tax burden way way above ours. Did the Yellow Vest protests pass you by? They have been protesting about the cost of living way before COVID. Have you travelled around France much? All their big towns and cities have areas of obvious poverty... just like the UK. When you look at the data, average wages are higher in the UK and we pay less tax... and are unemployment rate is considerably lower. |
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Post by buccaneer on Apr 15, 2023 1:15:59 GMT
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Post by dodgydave on Apr 15, 2023 1:20:18 GMT
I've done quite a lot of reading on the French economy. On the face of it everything seems well run, cheap trains, cheap electric etc. However, their public services, transport and utilities are massively subsidized by the taxpayer, and all have huge debts, yet any attempt at reform is stopped by the unions / protests. They are basically living in a fantasy land where prices are low, but they pay the second highest taxes in Europe to subsidize those low prices lol. Not to mention we in the UK subsidise their cheap energy bills, while they have a small price cap, ours is much bigger so they can enjoy cheaper energy.
Électricité de France customers in Britain have their annual energy bills capped at £1,971 under a system overseen by Ofgem - who regulate the UK's energy. But French householders on their country's regulated tariffs only face bills in the region of €950 (£803
The French government has had to bail out EDF, and the true cost of their energy is hidden in government subsidies. The French energy system is actually a big mess because they have no oil / gas resources, and their electric comes from mega expensive nuclear plants, half of which don't work at any one time. They are way behind us on renewables and they haven't got a clue how they are going to fund the replacement nuclear plants they will need. I was talking about energy prices with the Brother in Law the other day. I literally paid no attention to my energy use for at least three decades because it was just so cheap. I compared this to when I was growing up under nationalisation, when it was a crime to leave a light on, or leave something plugged in overnight. Moaning about having to pay more than France for two years, and then neglecting the decades you paid less than France is a bit of a stupid argument. |
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