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Post by patman post on Aug 3, 2023 19:46:33 GMT
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 now it wasn't. Like it or not, Brexit is a part of Britain’s inflation problem
The monster is out of its cage’: how Brexit set inflation loose to feed on Britain
Catherine Mann, a distinguished economist who sits on the Bank of England's monetary policy committee as an independent, calculates that Brexit has meant prices are around 4 per cent higher than they would otherwise be thanks to the cumulative effects of the 2016 EU referendum decision... |
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Post by Red Rackham on Aug 3, 2023 20:04:16 GMT
LOL, I'd like to say nice try, but I think we both now it wasn't. Like it or not, Brexit is a part of Britain’s inflation problem
The monster is out of its cage’: how Brexit set inflation loose to feed on Britain
Catherine Mann, a distinguished economist who sits on the Bank of England's monetary policy committee as an independent, calculates that Brexit has meant prices are around 4 per cent higher than they would otherwise be thanks to the cumulative effects of the 2016 EU referendum decision... Rubbish, in spite of the fact the EU are desperate to blame Brexit for everything from the Crucifixion to global warming, the UK is doing OK. Yes inflation is a problem across the G7, but unlike the €urozone the UK has not gone into recession. |
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Post by Pacifico on Aug 3, 2023 21:35:38 GMT
LOL, I'd like to say nice try, but I think we both now it wasn't. Like it or not, Brexit is a part of Britain’s inflation problem
The monster is out of its cage’: how Brexit set inflation loose to feed on Britain
Catherine Mann, a distinguished economist who sits on the Bank of England's monetary policy committee as an independent, calculates that Brexit has meant prices are around 4 per cent higher than they would otherwise be thanks to the cumulative effects of the 2016 EU referendum decision... Sorry Pat - I take no notice of these claims that refuse to publish links to the calculations used. Given that the UK has put zero restrictions on imports from the EU where this 4% rise comes from is rather unclear. |
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Post by Vinny on Aug 4, 2023 6:49:08 GMT
Patman this has nothing to do with Brexit.
Look at house prices from 1987 onwards.
1987 to 1997 not a lot happened. 1997 to present massive unsustainable rise in value of houses, partly due to uncontrolled immigration, partly due to supply and demand.
When most of your money goes on your mortgage, your remaining money doesn't stretch so far.
Anyway I need to buy another home brewing kit from Wilkos at the weekend.
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Post by bancroft on Aug 4, 2023 10:35:14 GMT
Predictable, Wilko were promoted during lock-down as the only shop open to buy normal bits and pieces like light bulbs or kettles.
Always likely post that they would suffer as goods a little below par compared to other competitors.
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Post by patman post on Aug 4, 2023 11:03:48 GMT
Like it or not, Brexit is a part of Britain’s inflation problem
The monster is out of its cage’: how Brexit set inflation loose to feed on Britain
Catherine Mann, a distinguished economist who sits on the Bank of England's monetary policy committee as an independent, calculates that Brexit has meant prices are around 4 per cent higher than they would otherwise be thanks to the cumulative effects of the 2016 EU referendum decision... Sorry Pat - I take no notice of these claims that refuse to publish links to the calculations used. Given that the UK has put zero restrictions on imports from the EU where this 4% rise comes from is rather unclear. Whether you take notice of what's going on around you, or not, is your choice — but prices rising in the UK faster than in other G7 countries seems to indicate that the UK has a different (or additional) set of problems to the rest. Whether that difference is inflated by 3% or 5%, it's still observable even if you don't accept the cause.
The chancellor, Jeremy Hunt, has said Britain is stuck in a “low-growth trap” after the Bank of England said it was concerned that inflation was becoming embedded in the economy, requiring interest rates to be kept “sufficiently restrictive for sufficiently long” to ease price rises.
I guess the questions are, can/will the government take corrective steps, and will the electorate make the right choices at the next election — whether that's this year, next year, or 2025... |
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Post by Deleted on Aug 4, 2023 12:31:48 GMT
This topic about Wilko soon degenerated into the usual mush.
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Post by Pacifico on Aug 4, 2023 17:43:23 GMT
Sorry Pat - I take no notice of these claims that refuse to publish links to the calculations used. Given that the UK has put zero restrictions on imports from the EU where this 4% rise comes from is rather unclear. Whether you take notice of what's going on around you, or not, is your choice — but prices rising in the UK faster than in other G7 countries seems to indicate that the UK has a different (or additional) set of problems to the rest. Whether that difference is inflated by 3% or 5%, it's still observable even if you don't accept the cause.
The chancellor, Jeremy Hunt, has said Britain is stuck in a “low-growth trap” after the Bank of England said it was concerned that inflation was becoming embedded in the economy, requiring interest rates to be kept “sufficiently restrictive for sufficiently long” to ease price rises.
I guess the questions are, can/will the government take corrective steps, and will the electorate make the right choices at the next election — whether that's this year, next year, or 2025... Well I would suggest that every country has different problems (and always has done) - I dont think you can blame brexit for that. But good try though.. |
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Post by patman post on Aug 4, 2023 19:17:03 GMT
Whether you take notice of what's going on around you, or not, is your choice — but prices rising in the UK faster than in other G7 countries seems to indicate that the UK has a different (or additional) set of problems to the rest. Whether that difference is inflated by 3% or 5%, it's still observable even if you don't accept the cause.
The chancellor, Jeremy Hunt, has said Britain is stuck in a “low-growth trap” after the Bank of England said it was concerned that inflation was becoming embedded in the economy, requiring interest rates to be kept “sufficiently restrictive for sufficiently long” to ease price rises.
I guess the questions are, can/will the government take corrective steps, and will the electorate make the right choices at the next election — whether that's this year, next year, or 2025... Well I would suggest that every country has different problems (and always has done) - I dont think you can blame brexit for that. But good try though.. I don’t blame every country’s woes in Brexit — just attributing some of the UK’s particular problems to its unique situation of having voted itself into easily identifiable self-harm territory… |
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Post by patman post on Aug 4, 2023 19:26:55 GMT
Patman this has nothing to do with Brexit. Look at house prices from 1987 onwards. 1987 to 1997 not a lot happened. 1997 to present massive unsustainable rise in value of houses, partly due to uncontrolled immigration, partly due to supply and demand. When most of your money goes on your mortgage, your remaining money doesn't stretch so far. Anyway I need to buy another home brewing kit from Wilkos at the weekend. With respect, don’t you want to do better? If you’re into plastic dustbins and the like so you can kid yourself you’re into real beer or wine by using a high street kit, you’re fooling yourself. Even though many new beer and cider companies have sprung up, most of their produce would worsen the effluent currently finding itself into British waters… |
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Post by patman post on Aug 4, 2023 19:29:14 GMT
This topic about Wilko soon degenerated into the usual mush. What part of today’s life isn’t afflicted by the usual mush…? |
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Post by Deleted on Aug 4, 2023 19:34:18 GMT
This topic about Wilko soon degenerated into the usual mush. What part of today’s life isn’t afflicted by the usual mush…? My life will be affected, somewhat, by Wilko closing. |
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Post by Pacifico on Aug 6, 2023 15:24:47 GMT
Well I would suggest that every country has different problems (and always has done) - I dont think you can blame brexit for that. But good try though.. I don’t blame every country’s woes in Brexit — just attributing some of the UK’s particular problems to its unique situation of having voted itself into easily identifiable self-harm territory… Specifically what woes are the result of brexit? |
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Post by jonksy on Aug 10, 2023 12:03:32 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. It's all over now....
Wilko goes into administration after rescue deal hopes collapse in hammer blow to High Street- see the full list of 400 stores at risk
The retailer filed notice of intention to appoint administrators last Thursday
Wilko had then held rescue talks with Gordon Brothers, Alteri and Opcapita
But Wilko has now collapsed into administration, putting 12,000 jobs at risk
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Post by Baron von Lotsov on Aug 10, 2023 12:57:28 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. Buy one, and get one free.
You can get matching pillow cases too.
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