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Signs Of UK Economy Turning Corner
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Old 12-01-2012, 19:25   #1
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Signs Of UK Economy Turning Corner

Does this guy ever go out? LINK
When I went into town today the look on the face of shopkeepers told you everything.
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Old 12-01-2012, 19:37   #2
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Re: Signs Of UK Economy Turning Corner

Well he wouldn't say that, wouldn't he? To be honest it's vital he keeps talking it up, him saying it's all going to hell wouldn't do the market confidence good...
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Old 12-01-2012, 19:48   #3
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Re: Signs Of UK Economy Turning Corner

You can tell he's lying. he said something about cuts in people's household electricity and gas bills
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Old 12-01-2012, 19:51   #4
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Re: Signs Of UK Economy Turning Corner

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You can tell he's lying. His lips moved.
Fixed that for you Gary.
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Old 12-01-2012, 19:53   #5
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Re: Signs Of UK Economy Turning Corner

http://www.bbc.co.uk/news/business-16512710

http://www.bbc.co.uk/news/business-16526539

Even though they put them up by 2-3 times the amount a few months ago...
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Old 12-01-2012, 23:39   #6
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Re: Signs Of UK Economy Turning Corner

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Originally Posted by Damien View Post
Well he wouldn't say that, wouldn't he? To be honest it's vital he keeps talking it up, him saying it's all going to hell wouldn't do the market confidence good...
There is another alternative route, getting the Country producing products the rest of the World will buy.
Last year BMW sold more Rolls Royce's than ever before, Triumph Motorcycles and JCB cannot produce enough products to meet demand. Triumph now outsell Honda in the USA.
Contrary to Thatchers claim that we could not compete with low cost Countries these companies have proved that provided they invest in new technology we can compete and win orders.
In Thatcher's day we had too many manufacturing companies virtually making products by hand and trying to compete against companies abroad who had installed the new technologies. Fighting the Union's in order to keep wages down allowed companies to go on in their old ways for years until their prices and quality eventually drove them to the wall, thankfully some of those companies were bought up and invested in and are now doing very well.
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Old 12-01-2012, 23:57   #7
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Re: Signs Of UK Economy Turning Corner

You do realise that most of JCB's manufacturing is outside the UK (its largest plant is in India), RR sold just over 3.5k cars in 2011, and that Triumph build most of their bikes in their two factories in Thailand - I am not sure if we could base a resurgence in manufacturing on that basis....
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Old 13-01-2012, 12:38   #8
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Re: Signs Of UK Economy Turning Corner

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Originally Posted by Hugh View Post
You do realise that most of JCB's manufacturing is outside the UK (it's largest plant is in India), RR sold just over 3.5k cars in 2011, and that Triumph build most of their bikes in their two factories in Thailand - I am not sure if we could base a resurgence in manufacturing on that basis....
JCB and Triumph are uk based so all the money come to the UK, but you are righ we need to invest in more manufacturing, we could do that by starting a development bank!
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Old 13-01-2012, 12:52   #9
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Re: Signs Of UK Economy Turning Corner

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JCB and Triumph are uk based so all the money come to the UK, but you are righ we need to invest in more manufacturing, we could do that by starting a development bank!
Slowcoach's point was that these companies were successfully bulk manufacturing in the UK, not that they were based in the UK.

And nowhere in my post did I state "we need to invest in more manufacturing" - your interpretation is sub-optimal.
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Old 13-01-2012, 13:19   #10
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Re: Signs Of UK Economy Turning Corner

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Originally Posted by Hugh View Post
Slowcoach's point was that these companies were successfully bulk manufacturing in the UK, not that they were based in the UK.

And nowhere in my post did I state "we need to invest in more manufacturing" - your interpretation is sub-optimal.
Sorry, Thats what I think that what The Government should do, launch a development banks (like Germany) to improve our economy!
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Old 13-01-2012, 16:37   #11
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Re: Signs Of UK Economy Turning Corner

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Originally Posted by slowcoach View Post
Does this guy ever go out? LINK
When I went into town today the look on the face of shopkeepers told you everything.
I wasn't aware that the UK economy was purely retail nor that the faces of shopkeepers was a good guide to economic health. In my experience some are miserable as sin regardless.
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Old 13-01-2012, 17:29   #12
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Re: Signs Of UK Economy Turning Corner

Once upon a time most shopkeepers raised a smile when taking your money these days it is like a chore for some of them someone has to talk things up and thats what this is.
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Old 13-01-2012, 23:48   #13
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Re: Signs Of UK Economy Turning Corner

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Originally Posted by Gary L View Post
You can tell he's lying. he said something about cuts in people's household electricity and gas bills
I've just received an email from my power supplier that my tarrif has been reduced by 8% and applies from next month
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