Sunday, May 18, 2008
Express continues their propaganda run
Sunday Express: Bargain Britain for Shoppers
Still no new developments on either the Princess Diana or Madeline McCann stories, so the Daily Express continues to tell us how wonderful the economy is, this time by reporting on the exceptionally low inflation we are experiencing at the moment.
Posted by jonb @ 11:18 AM (1187 views) Add Comment
19 Comments
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1. uncle tom said...
Is Richard Desmond hoping for a knighthood?
http://en.wikipedia.org/wiki/Richard_Desmond
2. Cheeke Charlie said...
"Have your say is unavailable for this story".
3. Michael said...
This paper is trying to take peoples minds off the real inflation that is out there thats items you buy every day
And housing is going to crash I have waited 7 years for it to happen.
4. Rental John said...
Tip of the day.....Express newspapers are Cr@p!!!
5. Rental John said...
See www.express.co.uk/posts/view/44879/Shoppers-to-benefit-despite-the-economic-storm-ahead
Absolute drival........doh, I'm shint - think I'll go shopping......yeh right!
6. Ijjhall said...
Ok it is the Express but that qualification aside there might be something in this. With the credit tap turned off retailers are going to have to face up to the fact that they are dealing with - despite all the hype -a low wage economy in this country and a high street recession should mean the long deserved demise of 'rip off' Britain..
7. Rental John said...
Saw this on the Express website.... www.express.co.uk/features/view/43727/How-to-buy-a-house-for-a-penny
See also - http://www.humraz.com/home/
Seems too good to be true!!!!
8. hpwatcher said...
They look really out of touch to me.
9. japanese uncle said...
After all, 'when the money is gone, it's gone!' will be the golden rule, period. I suspect this tabloid may be subsidized by the Nulabor(atory of economic failure),
10. Jimmyb said...
Can't we complain about this government spin by complaining to the press complaints commision.
11. montesquieu said...
The Sunday Express only has about three journalists left working there after the staff cuts so it's probably a barely disguised VI handout.
12. Warwick-watcher said...
So one confirmed dead, one sadly possibly dead and one sick economy in intensive care soon !
13. Doghouse said...
Might have been a bit more balanced if they had said, Yep, it's great for the few who have some (real) disposable income to splash out in the "sales", but seeing as the high street is driven by the credit card, and most people are using those to buy extortionately priced bread and milk at the moment...oh, and to pay their mortgages. I think there is still going to be a lot of Chinese tat left on the shelves this summer.
14. Adarmo said...
the other day they said the rally in equities was good news for savers, borrowers and the economy. Hmmm. I think its bad news for savers and due to pricing in of inflation and an over sold pound making UK equities seems cheap to foreign investors. Once people accept the BofE will not reduce teh base rate anymore you'll see them come back down. Several analysts are forecasting the FTSE-100 in the high 4000's by the end of the year!
Where do they get their staff?
15. str 2007 said...
Nulabor(atory of economic failure),
Very Good LOL
16. Michael said...
This news paper is trying to take peoples minds off real inflation items that are brought every day
And housing is going to crash I have waited 7 years for it
17. wiltshire said...
This story is so full of holes that practically every sentence could be argued against.
I'm tempted to call The Express idiots, oh sod it, they're idiots. But they must also be increasingly desperate. Surely their target audience are generally more aware than most of the troubled waters into which we are sailing? It doesn't matter how big the sales are, there must be next to zero spending capacity left. Unemployment is almost certain to go through the roof, inflation too, necessities are running at about 20% inflation alone and the Express think we're all about to go on a massive spending binge! The only places that are going to see growth in spending for a few years are Ebay and car boot sales while people try to offload all the carp they've bought over the past few years.
Do you think The Express is going to try and keep the whole economy afloat on it's own simply by writing nonsense stories? You know what's coming next? "2012 Olympics - Value For Money!"
18. montesquieu said...
Salaries in newspapers today - big-name red-top writers and senior news execs excepted - are lower than when I left journalism for good in the mid-90s. (Not much above the minimum wage).
The only people who can afford to take a job in media these days are people who don't have to work for a living: trustafarians, people with rich parents, or young women partnered up with rich blokes.
Wonder which category this bloke falls into:
David Parsley has been a leading business journalist for more than a decade. He recently stepped down as editor of the hugely successful City AM, the London-based business daily he launched in September 2005, to embark on a freelance writing and media training career. With such experience at the highest level of business journalism, including three and a half years as business editor on the Sunday Express and four and a half years as a senior business reporter on The Sunday Times, David has interviewed some of the leading financial players both in the UK and abroad, including Warren Buffet, Rupert Murdoch, Sir Richard Branson and a whole host of FTSE100 directors. He has also broken some of the biggest financial scoops of the past ten years including the decision by Ford to put Jaguar and Land Rover up for sale, the £2.7 billion takeover of AB Ports by a Goldman Sachs-led consortium, the government enforced collapse of Railtrack, the demise of MG Rover and the $100 billion merger between Texaco and Chevron. Having been in an editing role for six years he has developed a broad knowledge of business topics and can write with authority across a wide-range of sectors. Now writing for a variety of publications and a regular media trainer David is available for editorial, corporate and media training commissions.
19. it_is_going_with_a_bang said...
Its called getting rid of stock you cant shift.
It's hardly a good sign of things to come for an economy.
Sure there will be some bargains to be had short term.
But they are short term measures on selected items. This is nothing new at all. It's happened every year for as long as i can remember.
It's called a Sale.
Its abit like saying a 10 % drop in house prices is a sign of a healthy prosperous housing market on the up. Clearly it is not.
The one thing i cant understand is why he puts in
"In a further boost for the economy, it emerged last night that Britain looks set to ride out the worst of the coming economic storm – thanks to City Fat Cats."
Its almost as though it was cut and paste into the wrong article!!!!
In my opinion it is a very badly written article.