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Little Hope At Rural Pub

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No business without the banks lending

_45353226_juliewilliams226.gif

"My business could have kept going but without the banks lending it couldn't carry on Julie Williams"

The 17th Century country pub in Buckley, Flintshire, has felt the full force of the economic downturn which has hit many small businesses.

Licensees Anna Bell and Paul Foreman took over the inn, also known as "The Trap", in July 2007 and funded a refit with a secured loan on their home.

In the last couple of years business was greatly boosted by tradesmen who were working less than a mile away, building 300 houses and apartments. However, according to Ms Bell, construction has ground to a halt, and the pub's takings have dropped by 50%.

Miss Bell said: "Building stopped. Current trade was lost, from workers to home owners, at the new building sites.

"Job losses at the local industrial estates affected lunchtime and teatime trade and generally people from lower and middle income families chose not to come out so often.

"Takings have dropped by 50% approximately and the hoped for expansion in trade never happened as the economic downturn took its toll."

The British Beer and Pub Association said today the number of pubs closing each week has risen to 39.

Julie Williams, from Llanfairfechan, Conwy, wound down two businesses in 2008 and was declared bankrupt.

She said she ran a "successful" day nursery and franchising business, despite having debts of £84,000.

In December 2007, her bank recalled the debt and she was forced to sell the nursery building, which was also her home.

39 pubs closing each week? It is even riskier when a business is funded with a secured loan on people's home. It is understandable some business do rely on loans from banks but where is the profit they make from good days?

Surely if they have some cash saved from good days, they shouldn't go to the wall as soon as the lending dries up should they?

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that and the fact that people didnt want to be told they couldnt smoke.

if they had at least let pubs choose between smoking pubs or smoke free some could have been saved.

personally i smoke, i tried to give up a few times, buts its very addictive.

i cannot sit with a pint without wanting to go to the cold door and smoke, only to get back to my seat, before instantly wanting another. if passive smoking was so bad all bar managers would have died of cancer since 1940. this PC health bullcrap has killed off the pub trade. so i dont bother going to a pub anmore. they can stick it up their ass.

next you will be denied NHS care if your overweight, smoke or havent eaten you 5 a day.

hello ? can you leave me alone please. i want to make my OWN choices in MY life.

Edited by the-sign-jacker

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Surely if they have some cash saved from good days, they shouldn't go to the wall as soon as the lending dries up should they?

My thoughts exactly. No business should be reliant on bank loans as a matter of course. Perhaps some businesses need a small (relative to profits) loan from time to time to help them buy new plant or expand, but during the last decade debt has become as acceptable in business as it has in people's personal lives.

As these poorly run businesses fail, we are seeing how wrong this was.

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that and the fact that people didnt want to be told they couldnt smoke.

if they had at least let pubs choose between smoking pubs or smoke free some could have been saved.

personally i smoke, i tried to give up a few times, buts its very addictive.

i cannot sit with a pint without wanting to go to the cold door and smoke, only to get back to my seat, before instantly wanting another. if passive smoking was so bad all bar managers would have died of cancer since 1940. this PC health bullcrap has killed off the pub trade. so i dont bother going to a pub anmore. they can stick it up their ass.

next you will be denied NHS care if your overweight, smoke or havent eaten you 5 a day.

hello ? can you leave me alone please. i want to make my OWN choices in MY life.

I'm a non-smoker and didn't exactly like smokey pubs, but I have to agree with you.

Necessary evil, and should've been left alone, but then this government define themselves by their fascist-like interfering, especially when it comes to peoples health.

"It's my body, and I'll do what the hell I like to it."

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I'm a non-smoker and didn't exactly like smokey pubs, but I have to agree with you.

Necessary evil, and should've been left alone, but then this government define themselves by their fascist-like interfering, especially when it comes to peoples health.

"It's my body, and I'll do what the hell I like to it."

Yep, I'm an occasional cigar smoker and I think they should have left the pubs well alone. Maybe a dedicated smoking room away from the bar, or similar to avoid exposing non-smoking staff as much as poss.

What they did was just silly.

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She said she ran a "successful" day nursery and franchising business, despite having debts of £84,000.

Why on earth did she think people would be interested in paying money for a "Gok Wan Lookalike" franchise when the glasses are easy to come by on the highstreet, and quite frankly, anyone can grab tits and say "Lovely bangers!".

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Wasn't the ban more to do with the fact that people were being forced to work in a toxic environment? What with all of the hype surrounding passive smoking and all?

Disclaimer: I smoked for 17 years, gave up June 06.

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Wasn't the ban more to do with the fact that people were being forced to work in a toxic environment? What with all of the hype surrounding passive smoking and all?

No, it was for the same reason as the hunting ban. Specifically...

Count number of punters who indulge in a potentially controversial but currently legal activity, count number of punters who don't. If the former is considerably less than the latter, crack down on the activity.

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My thoughts exactly. No business should be reliant on bank loans as a matter of course.

Bit under thsi system ALL businesses are. Every last one of them.

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Wasn't the ban more to do with the fact that people were being forced to work in a toxic environment? What with all of the hype surrounding passive smoking and all?

Disclaimer: I smoked for 17 years, gave up June 06.

driving to work in carbon monoxide fumes is a more toxic environment.

why couldnt they have smoke free or smoker pubs. its the lack of choice and the FORCING that got on my wick the most.

they didnt even consider a smoking room. pathetic.

im glad the pub trade has died in the same way as the housing market bullsj1t being forced upon people with no choice.

congrats on giving up though. you CANNOT even have one drag of a fag, or you will be hooked again.

not one.

Don't start me with that smoking debate :lol: As a non-smoker I welcome smoking ban, however, I also agree with redalert that maybe a dedicated smoking room, not an outright ban, could have been the solution.

choice is the key issue and the removal of choice.

i have the right to remove my business, and so i did.

same for the housing market. i have withdrawn.

same for the £. i withdrew.

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No business without the banks lending

_45353226_juliewilliams226.gif

"My business could have kept going but without the banks lending it couldn't carry on Julie Williams"

39 pubs closing each week? It is even riskier when a business is funded with a secured loan on people's home. It is understandable some business do rely on loans from banks but where is the profit they make from good days?

Surely if they have some cash saved from good days, they shouldn't go to the wall as soon as the lending dries up should they?

I was walking through Munich on Saturday and walked past a shop. Nothing out of the ordinary there you might say. But this shop sells>>>>> wait for it.......

POPCORN :lol::lol::lol:

Yes in multiple colours and that's ALL it sells :blink:

The modern world has allowed people to have all sorts of aspirations towards business which is great. But a lot of these people have no idea what they are doing.

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Mine isn't, unless of course you have some oddball definition of a bank loan...

It is.

Just someone else borrowed the money and then you got it. All money is borrowed into existence.

If people stop borrowing and giving you ythe money, soon you will either have to borrow money or fold yourself. It's just how the system works.

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No, it was for the same reason as the hunting ban. Specifically...

Count number of punters who indulge in a potentially controversial but currently legal activity, count number of punters who don't. If the former is considerably less than the latter, crack down on the activity.

I think that should now be rewritten to say, count number of punters who indulge in saving their money, a potentially controversial but currently legal activity, count number of punters who don't. If the former is considerably less than the latter, crack down on the activity.

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also, if its sooooo bad, how come the government sell them with a nice fat taxation.

surely if it was so deadly they would not sell them in shops.

its not rat poison.

this is all roy castles fault by self diagnosing his lung cancer by playing the high c in smokey clubs.

well roy, if your listening. you dont have to smoke or passive smoke to get lung cancer.

it helps, but its not the SOLE cause of lung cancer.

Edited by the-sign-jacker

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It is.

Just someone else borrowed the money and then you got it. All money is borrowed into existence.

If people stop borrowing and giving you ythe money, soon you will either have to borrow money or fold yourself. It's just how the system works.

Like I said. Oddball.

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No, it was for the same reason as the hunting ban. Specifically...

Count number of punters who indulge in a potentially controversial but currently legal activity, count number of punters who don't. If the former is considerably less than the latter, crack down on the activity.

i missed this gem.

exactly right. thats it. whats happening is the government work out what the majority prefer and then force it on everyone else, removing personal choice.

myself, i dont like fox hunting so i dont do it. but i have no authority to stop others doing it.

i also packed in fishing cos i thought it was cruel, but that was a personal choice.

i have no right to make the choice for others.

non smokers should have gone to none smoking pubs, and smokers to smoking ones.

not ban everything. the breweries deserve it for putting up such a pathetic fight.

now they PAY.

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why couldnt they have smoke free or smoker pubs. its the lack of choice and the FORCING that got on my wick the most.

they didnt even consider a smoking room. pathetic.

Several options on the ban WERE considered, along with a possible waiver for private members club. In the end, they went for a commons vote on several options and a total ban was voted for. Good.

The constant trotting out of smoking and non-smoking pubs misses the point. Its about smoking IN THE WORKPLACE. Pubs are both places of recreation / socialisation AND a place of work for the staff. And don't come out with 'hire smokers', it would create 2 classes of workplace. You have the choice, go to a pub and smoke outside or don't go, or don't smoke.

im glad the pub trade has died in the same way as the housing market bullsj1t being forced upon people with no choice.

congrats on giving up though. you CANNOT even have one drag of a fag, or you will be hooked again.

not one.

I think the smoking ban was the last straw and an excuse for many pubs. Its their prices and creation of soul-less swilling stations that has killed a lot of trade. My local was packed over Christmas, even when it was freezing and there were 20+ people nipping out for a ciggie all the time.

I gave up smoking in 1993 and have, over the years, under the influence of several beers, had the odd cigarette. I' haven't started again. One drag and your hooked sounds like a govt anti-drugs ad.

Edited: That last bit sounded daft, I've only only done this about 10 times in 16 years, last time about 5 years ago.

Edited by deflation

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Like I said. Oddball.

Nope.

Completely accurate. Every pound you have ever seen or touched, every bit of credit in your account was borrowed.

No borrowers = no money. As the outlying borrowers default, then the next business (prudent, well run, has savings) will inevitable come to the crossroads where it has to borrow or collaps.e

This will put the next business into the same position until every business is gone and all that's left is a huge pile of unpayable debt.. And so on - this is the deflationary collapse that people talk about.

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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