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Post by oracle75 on Aug 3, 2023 12:45:54 GMT
Another high street company has been lookinf for investors and cant find anyone.
Hard to find anyone who wants to invest in the UK unless you pay a hefty bribe.
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Post by Red Rackham on Aug 3, 2023 13:06:21 GMT
Another high street company has been lookinf for investors and cant find anyone. Hard to find anyone who wants to invest in the UK unless you pay a hefty bribe. LOL, you should do stand up. |
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Post by oracle75 on Aug 3, 2023 13:14:57 GMT
[quote author=" Red Rackham" source="/post/130065/thread" timestamp="16910 67981"] Another high street company has been lookinf for investors and cant find anyone. Hard to find anyone who wants to invest in the UK unless you pay a hefty bribe. LOL, you should do stand up. The UK govt offered hundreds of millions of pounds to anyone who woyld invest in TATA steel in 2016. Now it has offered anothe chunkaloney to TATA to build its new pkant in Somerset. www.theguardian.com/business/2023/may/19/jaguar-land-rover-offered-500m-in-subsidies-to-build-battery-plant-in-ukThe Indian owners of TATA must think rhe UK is their own magic money tree. |
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Post by patman post on Aug 3, 2023 13:27:00 GMT
Wilko is turning into a bit of a Woollies, before that store's final slide into plastic toys and pick'n'mix emporiums. Coming late to online must have something to do with Wilko's problems. But overall, the lack of sales comes from lack of spending because there is little ready money around, and even Wilko's essentials are not getting enough people buying. Way back in 2018, a DWF survey found that British consumers are among the most cash-strapped compared to their peers in the US, Europe and China, with 62% having less than £250 in disposable income each month. Only in Australia (65%) and Kenya (over 90%) do shoppers have less than this sum available to spend. Conversely, British shoppers are among the least likely to have more than £500 of disposable income to spend this month: just 15% of consumers claim to have this sum, compared with 38% of Germans, 22% of Americans and 20% of French consumers... dwfgroup.com/en/news-and-insights/press-releases/2018/12/retailers-to-feel-the-pinch |
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Post by Dan Dare on Aug 3, 2023 14:07:42 GMT
The UK has always been a house-rich cash-poor society that lives largely on tick. One reason the Germans are so well-off that relatively few of them own houses.
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Deleted
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Post by Deleted on Aug 3, 2023 15:17:46 GMT
Wilko have lost their way. They were a very well managed family concern. I like to shop there and they do have products I want to buy. However, a lot of their stock has been replaced by Chinese made tat.
If a label says "Made in China", that is a red flag to me. Excuse the pun.
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Post by Red Rackham on Aug 3, 2023 16:00:02 GMT
Wilko have lost their way. They were a very well managed family concern. I like to shop there and they do have products I want to buy. However, a lot of their stock has been replaced by Chinese made tat. If a label says "Made in China", that is a red flag to me. Excuse the pun. LOL, very good. But yes I agree, made in China means tat. As an aside... I was watching a YouTube vid of someone in his workshop drilling through a short length of ¼ inch steel. The drill bit went through it like a hot knife through soft butter. He laughed and said... 'that's quality Chinese steel for you, it'll be rusted through in less than twelve months'. |
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Post by Pacifico on Aug 3, 2023 17:45:11 GMT
The UK has always been a house-rich cash-poor society that lives largely on tick. One reason the Germans are so well-off that relatively few of them own houses. Yes - we have most of our wealth tied up in property. That is why for wealth per capita we are slightly ahead of France and a long way ahead Germany whereas they have more disposable income on a week to week basis. |
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Post by patman post on Aug 3, 2023 18:02:31 GMT
Private renters in the UK spend almost 40% of their income on rent in comparison to the European average of 28% — according to research by the National Housing Federation (NHF) — another unfair advantage those foreigners across the Channel have…
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Post by Red Rackham on Aug 3, 2023 18:48:00 GMT
Private renters in the UK spend almost 40% of their income on rent in comparison to the European average of 28% — according to research by the National Housing Federation (NHF) — another unfair advantage those foreigners across the Channel have… Do you think when all these illegals who are fleeing war torn France realise rents are so high in the UK they might go back to the wonderful EU? LOL I'm only kidding. Lefty lawyers will ensure they are pushed to the front of the housing queue and once handed the keys to their house or flat their rent will of course be paid for by the tax payer. It's a wonderful country, for illegals. As someone once said, we must be mad, literally mad. |
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roots
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Post by roots on Aug 3, 2023 19:09:30 GMT
'And our survey said'!
Our survey said whatever we wanted it to say.
If any of this forum's drag down Britain (because we lost at Brexit) contributors actually got out and about they would quickly realise that the doom and gloom published in their daily propaganda rags is but just that.
In reality everywhere, be it restaurants, entertainment venues, leisure activities and sporting events are pretty much booked solid.
You know, things that cost money but can be lived without.
Non essentials, in other words.
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Post by patman post on Aug 3, 2023 19:35:52 GMT
Private renters in the UK spend almost 40% of their income on rent in comparison to the European average of 28% — according to research by the National Housing Federation (NHF) — another unfair advantage those foreigners across the Channel have… Do you think when all these illegals who are fleeing war torn France realise rents are so high in the UK they might go back to the wonderful EU? LOL I'm only kidding. Lefty lawyers will ensure they are pushed to the front of the housing queue and once handed the keys to their house or flat their rent will of course be paid for by the tax payer. It's a wonderful country, for illegals. As someone once said, we must be mad, literally mad. Not sure what you're on about — are you blaming Wilko's imminent demise on "illegals" not having enough money left over to buy the store's essential ranges because Brexit's inflation has pushed these items beyond reach...? |
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Post by Red Rackham on Aug 3, 2023 19:39:59 GMT
Do you think when all these illegals who are fleeing war torn France realise rents are so high in the UK they might go back to the wonderful EU? LOL I'm only kidding. Lefty lawyers will ensure they are pushed to the front of the housing queue and once handed the keys to their house or flat their rent will of course be paid for by the tax payer. It's a wonderful country, for illegals. As someone once said, we must be mad, literally mad. Not sure what you're on about — are you blaming Wilko's imminent demise on "illegals" not having enough money left over to buy the store's essential ranges because Brexit's inflation has pushed these items beyond reach...? LOL, I'd like to say nice try, but I think we both know it wasn't. |
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Post by patman post on Aug 3, 2023 19:41:21 GMT
'And our survey said'! Our survey said whatever we wanted it to say. If any of this forum's drag down Britain (because we lost at Brexit) contributors actually got out and about they would quickly realise that the doom and gloom published in their daily propaganda rags is but just that. In reality everywhere, be it restaurants, entertainment venues, leisure activities and sporting events are pretty much booked solid. You know, things that cost money but can be lived without. Non essentials, in other words. I know, it's terrible the way inflation and rate rises are being used as excuses by the poor for not to being able to buy nutritious food and keep a roof over their family's head... |
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Post by Red Rackham on Aug 3, 2023 19:45:37 GMT
'And our survey said'! Our survey said whatever we wanted it to say. If any of this forum's drag down Britain (because we lost at Brexit) contributors actually got out and about they would quickly realise that the doom and gloom published in their daily propaganda rags is but just that. In reality everywhere, be it restaurants, entertainment venues, leisure activities and sporting events are pretty much booked solid. You know, things that cost money but can be lived without. Non essentials, in other words. Indeed yes, our local town is usually fairly busy during the evening, at weekends it's very busy. You're quite right, considering no ones got any money, there's an awful lot of money being spent on non essentials. |
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