-
Another big name closing stores
-
Where’s all the talk about introducing the Euro now?
-
quote Phill:So they’re now talking about “quantitative easing” – isn’t that just a posh term for devaluing the pound 😕Yes. 🙁
The idea is to increase inflation, so that the value of the debt the government has taken on, is eroded. In theory, it is easier to pay back. In reality, the dopey b@stards will just borrow more and leave it to future generations to sort out.
-
quote Steve McAdie:I agree with John as well, I’ve just bought a years ink supply as it was on offer, to good an oppurtunity to miss.Steve
just remember that ink has a shelf live mate. im sure you will be aware of that anyway steve, but thought ide mention.
-
quote John Thomson:quote Peter Normington:well mate that is really false economy,having stock you dont need is not a saving, you should only buy materials that you can sell, and pass on the savings to gain more work
Peter
Have to disagree to a point with that thinking Peter……as long as you have spare capital I can’t see a better place to put it than into discounted stock ( that you KNOW you will sell…..I don’t mean obscure stuff)…….with Bank of England interest rates likely to drop again ( though not the borrowing rate) where else would you put spare available money? It is worthless sitting in a bank account earning nothing.
I suggest at times like these people who have available cash can increase their profitability ( and therefore will be more likely to survive!) than those who do not simply by buying wisly.
I would rather keep the extra profit than pass it all onto the customer.Just my thoughts.
John
John you are absolutely right, but I wouldnt buy something that I wasnt going to use in the near future, there will probably be even better deals in a few months, but who knows for sure, I would rather not pass on the savings, also, but if product prices fall, then the competition will increase. so pricing may have to be adjusted?
Base rate now 1/2% 🙁 Peter
-
quote Robert Lambie:quote Steve McAdie:I agree with John as well, I’ve just bought a years ink supply as it was on offer, to good an oppurtunity to miss.Steve
just remember that ink has a shelf live mate. I’m sure you will be aware of that anyway steve, but thought ide mention.
Checked that out before I ordered, I am told it has a shelf life of 1 year so I estimated what I expect to use and ordered, as an extra plus supplier was offering a free roll of 3yr vinyl with every 6 bottles bought. Absolutely fantastic deal.
-
quote Peter Normington:John you are absolutely right, but I wouldnt buy something that I wasnt going to use in the near future, there will probably be even better deals in a few months, but who knows for sure, I would rather not pass on the savings, also, but if product prices fall, then the competition will increase. so pricing may have to be adjusted?this is where the gamble comes in…….to buy now thinking it is cheap……but will prices fall further or increase?
John
-
quote Peter Normington:I wouldnt buy something that I wasnt going to use in the near future, there will probably be even better deals in a few months, 🙁 PeterThats my view too. I’m only buying as I need it at the moment.
One supplier is offering 10 rolls of banner material for less than 1/2 price per roll at their normal price. Great price, but it would take me years to use 10 rolls.
Only problem I see is that someone will take up the offer and use the price advantage to drop the price below the opposition…. then we’ll be on an ever decreasing margin to get the business. 😕
-
Thats not a bad deal shane, I know from how much banner I would go through in australia that would last us about 2-3months. If banners arnt a big part of your business then its really not worth buying. The other thing about banner is you need to know they are quality rolls, if in 6months you find folts with them your supplier wont want to know about it.
-
quote Luke s Bremner:Thats not a bad deal shane, I know from how much banner I would go through in australia that would last us about 2-3months. If banners arnt a big part of your business then its really not worth buying. The other thing about banner is you need to know they are quality rolls, if in 6months you find folts with them your supplier wont want to know about it.
Your dad may be interested Luke…. Isn’t he Bremner signs here in Qld?
Tell him to contact Ricky Richards…. I’ve lost a few jobs to him recently 🙁 …. but they were closer to him than me 😕
-
So the Government have created 75 billion pounds out of thin air. I wonder which definition of a billion they are using? In some definitions a billion is 1 followed by 12 zeros in others it is 1 followed by 9 zeros.
And why give it to the banks anyway – they’re the ones that got us into this mess – far better to give it to every man woman and child in Britain. Here the population is 61 million people so 75 billion pounds equates to £1,230 pounds each or £1,230,000 each (depending on which definition you are using ). Imagine if every one had over a million pounds to spend – what a boost to the economy that would bring.
Forget about giving it to the banks – give it to us instead 😛 😛
-
These days most people would probably just hide it rather than spend it, if it were £1230 that is. A million and a quarter each might just get us out buying handbags like there’s no tomorrow.
-
My wife was telling me she saw a mobile ‘jewellery-purchasing stall’ in the local shopping center the other day. Two young dapperly dressed chaps wearing those magnifying monacles, letting customers know how much their jewellery is worth.
A queue of women round the block, there was! Now if that doesn’t tell us something about the state of things, I don’t know what will.
-
Phil, didn’t they do that in some far east country recently to boost the economy / public confidence / spending. Gave every person say £200 – generated the ‘feel good’ factor that makes people spend.
Saw it on the news one morning about 3 weeks ago.
-
Some of our citizens got a handout a little while ago (not me.. apparently I work too hard and earn too much to warrant a handout…. If I were a dole bludger, or chronically unemployed I would have been on top of the list though) as a stimulus package to get people to spend….. all they did was pay off their mortgage or credit cards, so the banks got it anyway.
It didn’t help any of the small businesses I know.
Those that did spend it, purchased white goods that come from China, so that money left our shores and didn’t benefit us either.
For people who have their tax uptodate, they may qualify for a second stimulus package later this month or next, but those who really need it probably haven’t paid their tax so they don’t qualify.
I was doing a job at a tax accountants this week, and some people were knocking on his door looking for the money early because they wanted to take advantage of the bargains available (Big TV etc) so based on that example, I can’t see the next stimulus package working either.
-
quote Phill:So the Government have created 75 billion pounds out of thin air. I wonder which definition of a billion they are using? In some definitions a billion is 1 followed by 12 zeros in others it is 1 followed by 9 zeros.
And why give it to the banks anyway – they’re the ones that got us into this mess – far better to give it to every man woman and child in Britain. Here the population is 61 million people so 75 billion pounds equates to £1,230 pounds each or £1,230,000 each (depending on which definition you are using ). Imagine if every one had over a million pounds to spend – what a boost to the economy that would bring.
Forget about giving it to the banks – give it to us instead 😛 😛
Phil, the money will get into the economy via the MP’s
they are all to be given an equal share and told to spend it within a week on anything they like, down the cafe or on a new suit,that’s the fair way to do it, no corruption or fraud to worry about 😀 😀
Peter
-
Principles is sadly next to go
http://news.sky.com/skynews/Home/Busine … nd_A_Buyer -
quote Dave Rowland:Principles is sadly next to go
http://news.sky.com/skynews/Home/Busine … nd_A_Buyerare there any big (and i mean national, like woolworths) that can’t be at risk? ok the supermarkets are ok, but i bet if the banks regned in the big boys like they do with peoples loans etc, there’d be an awful lot more going,
Phill,
i’ve often wondered that, when i was a kid a billion was a million million, it seems we’ve adopted the americanised 1000 million now!
-
I heard an interview with a business man the other day, and he said those businesses that owe several million to the banks are probably safe from the bank playing hard ball, because they can’t afford too many more losses at the moment, especially with bigger players causing them so much grief..
My wifes boss is into his bank with a $2mil overdraft. They came and saw him the other day and asked to see his books, to make sure he was still ‘liquid’. Years ago the banks did that anyway…. you got a visit from your friendly bank manager, and you sold yourself and showed him you had a good business.
The banks then got lazy, and stopped doing it, now they are paying the price I guess… with smaller business anyway.
Log in to reply.
