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Everything posted by SNACR

  1. I'm not sure many deserve much redress, or special treatment, at all, they seem to be buoyed by PPI, which was consumers. Businesses of any size traditionally enjoy much less if any consumer rights style protection. For example with online shopping no businesses, of any size, can take advantage of distance selling regulations. Of course this could just be another PPI style helicopter drop on the over-indebted, in this case SME's up to their neck in commercial property debt and property developers, masquerading as a mis-selling scandal. And when's mis-selling just buyer remorse. Can I still make a mis-selling claim because I bought a Betamax video recorder from Dixons after the salesman did the hard sell? My guess is if interest rates had gone up you wouldn't have heard a peep out of this lot.
  2. The whole article is all 'confidence returning to the market' and 'help to buy is doing great' blah blah. Then at the end he suddenly tails off into a distinct vibe he's struggling with his wages bill.
  3. Essentially they've duped the global wealthy into changing their valuable foreign currency into our worthless bog roll money churned out by the Bank of England. If this wasn't enough they've then, despite serious social unrest within recent memory, managed to seduce them into spending it on a tastelessly furnished flat in some hastily thrown up tower block that Del Boy would've been ashamed of. Although, it's seemingly irrevocably destroyed the fabric of the capital city and caused the national economy to become calamitously dysfunctional. You do, in many ways, have to admire it as a scheme. Where possible, I prefer to do this admiring, from a cotswold village with no social housing. Unfortunately, more and more London refugees have been rocking up recently. What's that you say? The wonderful thing about London is the choice of three Capoeira dance classes within two miles of your house. Really? You're the first person to move in from London that's mentioned how great it is, why don't you slow motion fight dance, like you're stuck in the Matrix or something, back there?
  4. I pretty much agree with this. The problem is when I look back at the people I was at school with, generally, the happiest seem to be the ones that stayed in the town and didn't go to university/move away.
  5. I hate the fact I have to spend quite a bit of time there now and again. Seem to think Rome had vast pools of migrant slave labour camped outside the city walls to keep the wheels turning. Drove through Hayes yesterday, at what must have been knocking off time at an Airline meals factory or something, as a huge stream of migrant labour schlepped back 'home' - presumably, some garden shed behind a semi. I'm not a trained multiculturalist but most of them looked of the variety, we're constantly led to believe, are all engaged in some holy war of terror against us. Obviously, this can be overlooked when there's a cheap labour pay off.
  6. Very old looking 37. If she struggles with numbers that easily the venture was never going to fly. I wonder if physicists at CERN could somehow arrange sub-atomic particles into a vague violin shape as frankly that's the only way you could find one small enough.
  7. Property in this country is more rigged than the diamond trade except it can't all be easily hidden in a vault somewhere. When this whole house of cards, they've propped up, finally goes it will be financial arma-bloody-geddon. I'm convinced the country's insolvency was an inevitability the moment it took on the liabilities of RBS.
  8. Predominantly, globalisation is double-plus good, I'd imagine.
  9. These days seems to gather pace unexpectedly quickly. Bearing in mind it went from online music downloads, being a bit of an issue, to there not being a single music retailer left on the high st in an astonishingly short period of a few years. At the moment most SMEs operate invoicing on a system of business A types out an invoice on a computer connected to the internet and posts it to business B. Business B then opens the invoice and types the invoice into some accounting software on their computer also connected to the very same internet. It's really not very hard to spot the unnecessary busy work element in this charade. Some sort of government led move to online invoicing and billing would push everything that way leading to a very rapid decline in volumes. I think you're overestimating the numbers of people not interacting with the internet in some way. I'm not sure it's even possible for a self-employed person to not submit things like some tax type stuff online now. There'll come a point that, as well, when the letters have diminished, to such a point, that there's no longer so much of the walking to almost every door on the round every day and then the add on junk mail like Domino's flyers will no longer be viable either.
  10. They're finished as a concept really, the only foreseeable demand will be for some sort of special service delivering legal documents.
  11. Yes, as soon as those Dominos Pizza leaflets and TV licence reminders stop dropping through the door the country will be on its knees. For years you might as well have taped your council's plastic recycling crate to the inside of the letterbox.
  12. It'll be re-invented as a privately owned small parcels delivery business. This might have been possible under state ownership if its staff weren't so obstructive.
  13. John Redwood is a genuinely intelligent chap in comparison with much of his political party and doesn't toe the essentially liberal David Cameron party line. Unfortunately, I've tried telling him, more than once, that high house prices and enormous mortgages are bad, and got nowhere. He exists in some sort of Thatcherite universal home ownership wet dream and seems blind to any issues caused by that agenda and seems to willfully ignore things like affordability and the risks of excessive debt. Basically, his mentality is if you can give someone the keys to their own home they'll be more likely to vote Tory ergo lets give everyone their own home now and worry about the how, and the wider effects on society, later.
  14. If you look at private couriers they have a tiny amount of highland and island postcode areas that they don't deliver nextday to for a standard rate and the premium is not exorbitant either. This idea that posting to anyone not living in a town will cost a fortune is nonsense and just pointless scaremongering. How much post is genuinely time critical? I would imagine a tiny amount.
  15. Yes we were essentially told this by Royal Mail that the best way to save costs was to move to 2nd. Trouble is the general customer perception is 2nd class is an inferior service. If you're sorting by postcode area inhouse apparently that does much more in facilitating delivery times than 1st or 2nd class, in any case. Of course start shipping more than about 2kg and it's cheaper to go elsewhere and it'll be guaranteed nextday signed for as well.
  16. If it wasn't bad enough that the last government turned the UK housing market into an enormous ponzi scheme at least you could reserve the right not to participate in the madness What's particularly egregious with this government's help to buy scheme is money is,effectively being seized, on threat of imprisonment, off those who didn't wish to participate, to be used, in a futile attempt to keep the giant housing ponzi scheme afloat.
  17. I agree that consumer spending is very strong - could be they're all optimistic their house prices are on the upward march again due to help 2 buy. There has been an inflation masking element caused by the US devaluing.
  18. Post-floatation I would be deeply unsurprised if Amazon started hoovering up shares.
  19. Can't believe so many on here had so much doubt on this. There hasn't been such an obvious bribe on offer to keep the general public sweet since building society demutualisations. This one even virtually came stuffed in a brown envelope.
  20. Given the ads VW are running talking about matching independent garage's service costs I would guess maintenance is being scrimped on in a big way - I also think those ads are very poorly thought out as firstly rubbishing the competition directly in adverts is generally considered not to play well and secondly it's effectively saying you were ripping them off previously. The ad agency and internal marketing bod that came up with that campaign both want sacking. I also find the 85% on finance stats interesting as for new cars I'd say 15% cash buyers seems high. I suspect another good chunk of those, although seemingly paying cash, will have sourced it from a car bank loan or similar.
  21. There's endless public sector non-jobbers already in category 1, not sure they're going to like the competiton much. If they're young enough there's always the borrow your dole money, in the form of a student loan, option.
  22. A large chunk of the population becoming freelance/self-employed doers of a variety of unskilled jobs to make up their working week has always been on the way. Although it's appealing to blame it on corporate or government baddies it's mostly driven by consumer behaviour in a new connected economy. Possibly, the government has some blame for making permanent employees unattractive to employers and distorting the employment market by awarding their own employees benefits the private sector can't match. They were still mostly driven by currying favour with voters. There is a big problem with online dutch auctions for work as, taking things like those online man with a van affairs, the cheapest prices will probably be those working cash-in-hand or cutting some other corner
  23. The fact we've got a Johnny Foreigner at the helm of the BoE makes me think it more likely some unpopular decisions will be on the way.
  24. Pension funds, including public sector ones, were more than a bit part player in the financial crisis though. It was pension funds that chased asset prices, like commercial property, through the roof seeking ever bigger returns to sustain themselves. I would say also that public sector pension funds, more than anyone else, were responsible for high shop rents on the high st. I suspect many councils would cite pensions costs as a motive for depositing funds in high interest Icelandic accounts. It's very easy to push the concept public sector pension funds are benign custodians of hard-earned frontline worker's retirement money and everything is the nasty banks' fault but that's not reality by a long chalk.
  25. I don't know if it's been mentioned but something to consider with businesses like these is that there is essentially a cap on turnover insofar as the maximum you can do is all rooms let solidly all year - which is very low odds of occurring. As I'm sure has been mentioned, what there is/was, with these business though was a saleable high value asset but I've got a feeling that's changed or changing.
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