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Dispatches Looks Into Newlook

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Clothes cost 60p, resold in UK highstreet for £7.

Workers get paid 1/2 UK minimum wage.

This isn't news to me. All UK retailers rely on huge mark ups and exploitation of the bottom feeders so the fat cats can be paid, the high rents, and council business rates covered. It's great to be on the receiving end of rents, dividends and taxes isn't it?

Edited by Money Spinner

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Clothes cost 60p, resold in UK highstreet for £7.

Workers get paid 1/2 UK minimum wage.

This isn't news to me. All UK retailers rely on huge mark ups and exploitation of the bottom feeders so the fat cats can be paid, the high rents, and council business rates covered. It's great to be on the receiving end of rents, dividends and taxes isn't it?

Except that when the rentierism gets too big and the host starts to die..... last year the small family restaurant I worked in had to close because the biz rates were pumped up like crazy.

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Clothes cost 60p, resold in UK highstreet for £7.

Workers get paid 1/2 UK minimum wage.

This isn't news to me. All UK retailers rely on huge mark ups and exploitation of the bottom feeders so the fat cats can be paid, the high rents, and council business rates covered. It's great to be on the receiving end of rents, dividends and taxes isn't it?

Wasn't only New Look.....Philip (advising the govt on cost cutting) Green's Arcadia empire (BHS and Topshop) and Jane Norman.

The interesting point was that the workers could be paid so little because they are here on student visas which only entitle them to work 20 hours per week. Now that needs fixing! Foreign students should be self funding and not permitted to work. That would be fairer to indigenous students and workers.

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nimbyism. We know that clothes that cost £5 were made in sweatshops by Bangladeshis earning pennies but don't mind as long as it's not in this country? A bit short sighted IMO, at least they are then spending some of those pennies here. If they didn't want to work for that they wouldn't turn up for work so i can't see a moral question. Minimum wage is hobbling this country.

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Has Sammi Garments been raided by Immigration Officers, Trading Standard Officers, Health and Safety Officers, the Minimum Wage Enforcement Bods or the Local Brigade Fire Officers, when they are could you let me know. Ta very much. :rolleyes:

That's how mad this country is we have loads of highly paid officials preventing fair competition in a global market. All the laws are going to hobble us unless they are equally adhered too worldwide.

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nimbyism. We know that clothes that cost £5 were made in sweatshops by Bangladeshis earning pennies but don't mind as long as it's not in this country? A bit short sighted IMO, at least they are then spending some of those pennies here. If they didn't want to work for that they wouldn't turn up for work so i can't see a moral question. Minimum wage is hobbling this country.

Yep, manufactured goods are cheap because someone, somewhere's paid sh1t all to make them.

Luckily, the principled British consumer is always on hand to pay that bit more for ethically produced goods. :rolleyes:

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Has Sammi Garments been raided by Immigration Officers, Trading Standard Officers, Health and Safety Officers, the Minimum Wage Enforcement Bods or the Local Brigade Fire Officers, when they are could you let me know. Ta very much. :rolleyes:

The people working there would probably be less grateful than they anticipate at being 'freed'.

___________

New Look is a classic rapid expansion opaque private equity funded hard to see exactly how the whole operation is viable.

Just as a general yardstick cost of goods of 25p = £1 retail is a normal margin for non-food goods.

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The people working there would probably be less grateful than they anticipate at being 'freed'.

Neither are those caught in Border Agency raids on premises employing illegal workers at below minimum wage as seen in the series on Sky TV. Arrested and released to report weekly to the local police awaiting their deportation. Guess what? many don`t report and disappear, all that money spent to catch them up in a puff of smoke. You can`t make it up can you :rolleyes:

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The people working there would probably be less grateful than they anticipate at being 'freed'.

Yes it's a bit like those boys working in a sweatshop in bombay who are "liberated" by do-gooders who make it too dangerous for legitimate businesses to employ them so they end up as street prostitutes to make enough for food and end up dead from AIDS within a few years. Another good days work by lentil wearing Brightonits

New Look is a classic rapid expansion opaque private equity funded hard to see exactly how the whole operation is viable.

When the new guy was saying how under him it has doubled this and that i just thought - ok so how much debt are you in now? We need the whole story if he really wants us to idolise him.

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Wasn't only New Look.....Philip (advising the govt on cost cutting) Green's Arcadia empire (BHS and Topshop) and Jane Norman.

The interesting point was that the workers could be paid so little because they are here on student visas which only entitle them to work 20 hours per week. Now that needs fixing! Foreign students should be self funding and not permitted to work. That would be fairer to indigenous students and workers.

That would be "could" as in "they were prepared to accept it", not "could" as in "legally".

AIUI HMRC are allowed to prosecute the employer for not paying NMW and collect the unpaid wages from the company on behalf of the employees, even if they aren't in contact with the employees to forward it to.

tim

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  • 150 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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