[interestrateripoff]

http://www.telegraph...ping-hours.html

Quote

George Osborne is to announce a nationwide suspension of Sunday trading laws as part of a “pro-enterprise” Budget aimed at powering Britain’s economic recovery.

The Chancellor’s speech on Wednesday will outline moves to lift restrictions on Sunday opening hours for two months this summer, with plans for a permanent relaxation if the policy is considered a success.

The Budget is also expected to signal the end of the 50p income tax rate and unveil a clutch of other business-friendly moves, including new loans for young entrepreneurs and a further cut in corporation tax.

The emphasis on boosting enterprise was detailed as Liam Fox, the former defence secretary, called for the Budget to be used to launch an attack on what he said was a “corrosive anti-business culture” in a Sunday Telegraph article. He called for an end to the 50p rate.

The eight-week suspension of Sunday trading restrictions, which will begin on July 22 and is designed to coincide with the Olympics, threatens to put the Chancellor on a collision course with trade unions, small businesses, the Church and other family-friendly groups who have campaigned to “keep Sunday special”.

Go consumer economy, if we open shops more our consumer economy will boom. It's obvious really if you open longer you'll get more shoppers....

It's ideas like this that will save the economy.

We don't need to be engineers and build say Thorium reactors and generate cheap electricity to reduce business costs, too much like hard work. What we need is more shopping time.

Luckily you can't shop 24/7 on the internet....

[out2lunch]

Erm a little bird tells me shops are looking to perhaps to reduce hours due to falling demand. Shock horror. Unless the government forces all shops to open 24 hours a day 7 days a week. If there is no demand, the free market will decide.

Anyway I can shop on the internet 24-7.

[LJAR]

I don't think people will spend more because the shops are open longer will they?

Alternatively we could:

Radically simplify tax to reduce avoidance schemes

Get out of the EU to lower the costs of day to day living (tariffs on food etc)

Reform planning laws to allow more houses to be built (and make housing cheaper)

Simplify benefits so they only go to the needy not families on £50k per year.

Lift those on less than £15k out of tax altogether.

Drill for shale gas to reduce household bills and energy costs for industry.

Relax regulations on childcare to make it cheaper for parents to go out and work.

[Secure Tenant]

Its good to see the re-balancing is coming along fine and the economy doesn't all rely on banking, finance, property and errr shopping.

[winkie]

I don't agree with this proposal...the beginning of the end.

[billybong]

I quite like shops and cafes etc to be open whenever but if he thinks this new "initiative" is going to get things booming again ("powering Britain's recovery" ) he's in wishful thinking. Shops and cafes are closing earlier and earlier apparently due to lack of demand.

Even cafes in 24 hour supermarkets are closing ever earlier. You would think that with all the shoppers milling around in the 24 hour outlets there would be some 24 hour demand for the cafes- but apparently not.

This post has been edited by billybong: 19 March 2012 - 12:19 AM

[Dave Beans]

MrTReturns, on 18 March 2012 - 07:41 PM, said:

Erm a little bird tells me shops are looking to perhaps to reduce hours due to falling demand. Shock horror. Unless the government forces all shops to open 24 hours a day 7 days a week. If there is no demand, the free market will decide.

Anyway I can shop on the internet 24-7.

Oh, I'm looking forward to it....I work in retail, and I can't wait to serve someone at 8pm on a Sunday night to replace their broken Kettle...brilliant...

[winkie]

Do you think people will spend more if there are more hours available to spend in? Staff still need time off, and families need time off to spend together.....governments thinking about their own self interests again.

[longtomsilver]

LJAR, on 18 March 2012 - 08:11 PM, said:

I don't think people will spend more because the shops are open longer will they?

Alternatively we could:

Radically simplify tax to reduce avoidance schemes

Get out of the EU to lower the costs of day to day living (tariffs on food etc)

Reform planning laws to allow more houses to be built (and make housing cheaper)

Simplify benefits so they only go to the needy not families on £50k per year.

Lift those on less than £15k out of tax altogether.

Drill for shale gas to reduce household bills and energy costs for industry.

Relax regulations on childcare to make it cheaper for parents to go out and work.

What's your manifesto on education?

All very sensible hence why it'll never be mainstream. If we are to survive the economic war then we ought to dig for coal. Is it really beyond the wit of man to clean up coal power stations much the same way as we do for cars... energy security is key to our future success.

[Democorruptcy]

Where are the people going to magic the money from to do all this extra spending on things that they don't really need because if the shops had been shut on Sunday they wouldn't have bothered buying it?

[R K]

But I've already got 27 DFS sofas in the drawing room

#sigh

[Errol]

Democorruptcy, on 18 March 2012 - 08:33 PM, said:

Where are the people going to magic the money from to do all this extra spending on things that they don't really need

Indeed.

[Monkey]

hahahahahahhhhha they have finallh lost the plot, what's going to be the measure of success?

[tinker]

Nobody has any money. As people have pointed out shopping is available 24/7 anyway. Just as well as many won't be able to 'go' to the shops.

Wasn't it over-consumption that got us into this mess? People need a break from the hubbub of life to focus on the important things in life - people and loved ones.

No doubt they'll be putting beer and petrol up to dampen the spirits.

[John The Pessimist]

Surely after watching the 2nd round of the Greco-Roman wrestling you're going to have the urge to go out and buy some lamb chops.....

If demand is inelastic, extending shopping hours will only make retailing less efficient.