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Post by zanygame on Jan 12, 2024 16:44:21 GMT
Sorry misunderstood your point. Yes hiking interest rates puts extra pressure on businesses, but nothing compared to the loss of sales caused by making everyone else penniless. However I would say that's the point of it. To slow an overheating economy. Except this time the economy was not overheating, Inflation was being driven by imported gas and food, so if the government had recognised that and looked at how fragile UK business still was post Covid they might have taken a different view on how to slow it. But this lot are so busy dodging past gaffs and misdemeanours they have no time to really look at anything. In all my years I don't think I've seen a less able government (Maybe Callahan?) Had you have read the link I posted, an article that was written in 2021 forecasting inflation in 2023, said the BoE could have steadily started to raise interest rates as far back as then rather than waiting to inflate them at such a rapid rate late in the day. The BoE "lax monetary policy" is/was a contributing factor to the interest rate rises. But you seem to just blame the government. I hadn't. I have now. Yes one could expect some inflationary pressure after Covid, but I addressed this. And anyway by far the biggest driver of inflation was energy and food price hikes due to the Ukraine war. |
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Post by zanygame on Jan 12, 2024 16:55:43 GMT
Your quotes just confirm what I said. A bounce back to a previous position. Not inflation. My own company lost about £1.4m during Covid. We have not recovered that yet, let alone seen inflationary growth in sales. Everyone knows our current inflation was wage driven as people demanded higher wages to meet the costs of energy and food, both of which had risen in excess of 30%. Have you been living in a cave? Characteristic Inflation rate compared to previous year 2019 1.79% Covid 2020 0.85% Coming out of Covid 2021 2.59% Covid ends and the big spend 2022 9.07% Ukraine war. The subsequent inflation over 2022, largely again due to more energy price shocks, and latterly food prices, was also fuelled by increasing labour market tightness. The MPC raised policy rates over this period, and this was the correct response. www.bankofengland.co.uk/-/media/boe/files/speech/2023/november/uk-inflation-since-the-pandemic-how-did-we-get-here-and-where-are-we-going-speech-by-jonathan-haskel.pdf |
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Post by jonksy on Jan 12, 2024 17:39:12 GMT
I am sure mr Dyson will be gutted... I'm sure I couldn't give a stuff what he thinks. He claims to be British through and through, but as soon as he was successful he moved his factory abroad. I'm surprised you care about him tbh. Many companies moved abroad to have a global market and not one which was controlled by the EUSSR. I am sure if he was to move his base back to the UK you and the other remainers would be the first to moan. |
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Post by zanygame on Jan 12, 2024 18:40:51 GMT
I'm sure I couldn't give a stuff what he thinks. He claims to be British through and through, but as soon as he was successful he moved his factory abroad. I'm surprised you care about him tbh. Many companies moved abroad to have a global market and not one which was controlled by the EUSSR. I am sure if he was to move his base back to the UK you and the other remainers would be the first to moan. Don't be daft. The EU have better trade deals than we do. He moved to Malaysia to pay crap wages in crap conditions. www.lexology.com/library/detail.aspx?g=5f310a8d-d952-4833-af21-629843f92c19#:~:text=The%20individuals%20worked%20at%20the,conditions%20and%20abusive%20living%20conditions. The legal claims are being brought by 23 migrant workers and the estate of one deceased migrant worker who worked at an ATA Industrial factory in Johor where many Dyson products were made. The individuals worked at the factory for between three and nine years. Their claims against Dyson relate to allegations of forced labour, false imprisonment, assault, battery, cruel and degrading treatment and exposure to extremely hazardous working conditions and abusive living conditions. |
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Post by Vinny on Jan 12, 2024 19:39:16 GMT
You say that the EU has "better" free trade deals than we do.
But the disparate nature of the EU means clashing interests and one size fits none trade talks which are more fragile and prone to failure.
EU trade talks with Australia recently collapsed did they not?
So, your claim is false.
Oh and Sir James Dyson is not a member of the board of directors of the company he founded, he left a long time ago. See the Companies House records.
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Post by zanygame on Jan 12, 2024 19:53:15 GMT
You say that the EU has "better" free trade deals than we do. But the disparate nature of the EU means clashing interests and one size fits none trade talks which are more fragile and prone to failure. EU trade talks with Australia recently collapsed did they not? So, your claim is false. Oh and Sir James Dyson is not a member of the board of directors of the company he founded, he left a long time ago. See the Companies House records. Because Australia wants to sell to the EU, but the Eu doesn't need to sell to Aus. That's what it means to be a superpower, you make the rules. Are you saying James Dyson did not move the manufacturing to Malaysia? |
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Post by jonksy on Jan 12, 2024 20:15:18 GMT
Many companies moved abroad to have a global market and not one which was controlled by the EUSSR. I am sure if he was to move his base back to the UK you and the other remainers would be the first to moan. Don't be daft. The EU have better trade deals than we do. He moved to Malaysia to pay crap wages in crap conditions. www.lexology.com/library/detail.aspx?g=5f310a8d-d952-4833-af21-629843f92c19#:~:text=The%20individuals%20worked%20at%20the,conditions%20and%20abusive%20living%20conditions. The legal claims are being brought by 23 migrant workers and the estate of one deceased migrant worker who worked at an ATA Industrial factory in Johor where many Dyson products were made. The individuals worked at the factory for between three and nine years. Their claims against Dyson relate to allegations of forced labour, false imprisonment, assault, battery, cruel and degrading treatment and exposure to extremely hazardous working conditions and abusive living conditions. The EUSSR do not have better trade deals. Even Biden refuses to give them a deal. And as for hazardous working conditions you don't mind child slave labour in the congo putting their lives on the line so you can preach how green your electric lemon is. |
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Post by zanygame on Jan 12, 2024 20:40:02 GMT
Don't be daft. The EU have better trade deals than we do. He moved to Malaysia to pay crap wages in crap conditions. www.lexology.com/library/detail.aspx?g=5f310a8d-d952-4833-af21-629843f92c19#:~:text=The%20individuals%20worked%20at%20the,conditions%20and%20abusive%20living%20conditions. The legal claims are being brought by 23 migrant workers and the estate of one deceased migrant worker who worked at an ATA Industrial factory in Johor where many Dyson products were made. The individuals worked at the factory for between three and nine years. Their claims against Dyson relate to allegations of forced labour, false imprisonment, assault, battery, cruel and degrading treatment and exposure to extremely hazardous working conditions and abusive living conditions. The EUSSR do not have better trade deals. Even Biden refuses to give them a deal. And as for hazardous working conditions you don't mind child slave labour in the congo putting their lives on the line so you can preach how green your electric lemon is. I don't know who the EUSSR are but. The Transatlantic Trade and Investment Partnership (T-TIP) is an ambitious, comprehensive, and high-standard trade and investment agreement being negotiated between the United States and the European Union (EU). As for the Congo. Where did you get the idea I was OK with the treatment of workers? I remember saying their working conditions were as bad before they started mining Lithium, not that I was Ok about the working conditions in Africa. Can I assume you are happy Dyson nicked British jobs and took them to Malaysia? |
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Post by jonksy on Jan 12, 2024 21:12:59 GMT
The EUSSR do not have better trade deals. Even Biden refuses to give them a deal. And as for hazardous working conditions you don't mind child slave labour in the congo putting their lives on the line so you can preach how green your electric lemon is. The Transatlantic Trade and Investment Partnership (T-TIP) is an ambitious, comprehensive, and high-standard trade and investment agreement being negotiated between the United States and the European Union (EU). As for the Congo. Where did you get the idea I was OK with the treatment of workers? I remember saying their working conditions were as bad before they started mining Lithium, not that I was Ok about the working conditions in Africa. Can I assume you are happy Dyson nicked British jobs and took them to Malaysia? The dictatorship you support.
No but you don't mind preaching how your electric lemons are going to save the world.
How many migrants did Dyson employ in the UK? And most of the workers in Malaysia were/are mogrant workers.
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Post by zanygame on Jan 12, 2024 21:40:21 GMT
I don't know who the EUSSR are but.The Transatlantic Trade and Investment Partnership (T-TIP) is an ambitious, comprehensive, and high-standard trade and investment agreement being negotiated between the United States and the European Union (EU). As for the Congo. Where did you get the idea I was OK with the treatment of workers? I remember saying their working conditions were as bad before they started mining Lithium, not that I was Ok about the working conditions in Africa. Can I assume you are happy Dyson nicked British jobs and took them to Malaysia? 1.The dictatorship you support.
2.No but you don't mind preaching how your electric lemons are going to save the world.
3.How many migrants did Dyson employ in the UK? And most of the workers in Malaysia were/are migrant workers.
1.Nope. 2. Yes electric cars will help reduce global warming 3. What are you on about. No one said Dyson employed migrants in any country. |
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Post by Pacifico on Jan 12, 2024 22:08:30 GMT
Ever thought that the reason why Dyson took production to Malaysia is the same reason that BASF left Germany - high regulation and costs imposed by the EU.
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Post by see2 on Jan 12, 2024 22:19:25 GMT
Ever thought that the reason why Dyson took production to Malaysia is the same reason that BASF left Germany - high regulation and costs imposed by the EU. --"High energy prices have already struck a blow to European competitiveness in chemical manufacturing. They are now prompting BASF to lay off thousands of workers and shut down sections of its flagship facility in Ludwigshafen,"-- |
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Post by zanygame on Jan 12, 2024 22:24:41 GMT
Ever thought that the reason why Dyson took production to Malaysia is the same reason that BASF left Germany - high regulation and costs imposed by the EU. Not regulations on his products which would need to comply anyway. But absolutely, he need not worry so much about other regulations about workers rights, safety, cleanliness etc. The things that make this country a better place to live than Malaysia. So many rich people set their businesses up in safe Uk. with its lack of bandits and corruption. Its educated healthy workforce, its safety net if you fail. Its wealthy buying public. But they forget their end of the bargain that if with the help of all those things you get wealthy then you pay a bit more back than you wold in Malaysia. |
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Post by Pacifico on Jan 12, 2024 22:36:43 GMT
Ever thought that the reason why Dyson took production to Malaysia is the same reason that BASF left Germany - high regulation and costs imposed by the EU. which would need to comply anyway. But absolutely, he need not worry so much about other regulations about workers rights, safety, cleanliness etc. The things that make this country a better place to live than Malaysia. So many rich people set their businesses up in safe Uk. with its lack of bandits and corruption. Its educated healthy workforce, its safety net if you fail. Its wealthy buying public. But they forget their end of the bargain that if with the help of all those things you get wealthy then you pay a bit more back than you wold in Malaysia. What are you talking about? - it was one of the reasons he was pissed off and decided to leave. The EU regulations discriminated against Dyson so why would he remain in the EU paying taxes when he could do what scores of other EU companies have done over the years and move production to the Far East. |
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Post by zanygame on Jan 12, 2024 23:06:08 GMT
Not regulations on his products which would need to comply anyway. But absolutely, he need not worry so much about other regulations about workers rights, safety, cleanliness etc. The things that make this country a better place to live than Malaysia. So many rich people set their businesses up in safe Uk. with its lack of bandits and corruption. Its educated healthy workforce, its safety net if you fail. Its wealthy buying public. But they forget their end of the bargain that if with the help of all those things you get wealthy then you pay a bit more back than you wold in Malaysia. What are you talking about? - it was one of the reasons he was pissed off and decided to leave. The EU regulations discriminated against Dyson so why would he remain in the EU paying taxes when he could do what scores of other EU companies have done over the years and move production to the Far East. Which regulations are you referring to? The ones that changed after he left? But as I state, if he wishes to sell into almost any Western market he would/must comply with regulations. |
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