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Public Sector Expediture In The Private Sector

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http://www.bbc.co.uk/news/uk-wales-south-east-wales-12717880

A south Wales furniture company is shedding a third of its 300-strong workforce after going into administration.

Triumph Furniture Company, which has sites at Merthyr Tydfil and Tredegar, said a slump in sales to public sector bodies had hit orders.

How much of the private sector depends on the public sector for revenue? It seems that this company specialised in sales to a public sector that is no longer buying new furniture.

It's going to get interesting

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Everything affects everything else. Less raw product going in and less finished furniture going out mean that there will be half a dozen or so truck and van drivers laid off as they will now be surplus to requirements, so they won't have any money to spend in the pub and the pub will close down. The bar staff won't then be able to go on holiday and the travel agent will close down etc etc etc

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I've lost a few contracts I had lined up in the public sector. One council spent £200k on the software around a year ago but can't get the £20k released by their council for me to go in and actually get it to do what they bought it for!

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http://www.bbc.co.uk...-wales-12717880

A south Wales furniture company is shedding a third of its 300-strong workforce after going into administration.

Triumph Furniture Company, which has sites at Merthyr Tydfil and Tredegar, said a slump in sales to public sector bodies had hit orders.

How much of the private sector depends on the public sector for revenue? It seems that this company specialised in sales to a public sector that is no longer buying new furniture.

It's going to get interesting

They probably hadnt got their DIVERSITY statement in place, and were blackballed.

this is NOT a joke:

Public procurement is placing growing demands on businesses to provide information on their equality and diversity practices in order to meet both business and legal objectives and imperatives. The public sector spends close to £160 billion annually on purchasing goods and services from the private sector with 30% of British companies (and rising) contracted by the public sector.

http://www.diversityworksforlondon.com/server/show/nav.00600s

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They probably hadnt got their DIVERSITY statement in place, and were blackballed.

this is NOT a joke:

Public procurement is placing growing demands on businesses to provide information on their equality and diversity practices in order to meet both business and legal objectives and imperatives. The public sector spends close to £160 billion annually on purchasing goods and services from the private sector with 30% of British companies (and rising) contracted by the public sector.

http://www.diversityworksforlondon.com/server/show/nav.00600s

Thanks for the link. At first I assumed that it was a joke but then to my horror I realised that it was not.

How can you run any sort of efficient organisation in the UK if you have to deal with all of that nonsense.

The UK is well and truly f..ked

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How much of the private sector depends on the public sector for revenue?

Er, rather less than the 100% of the public sector which depends on the private sector for revenue.

To hear some lefties bang on, you would think there is some sort of virtuous circle going on. There isn't, since one party in the loop pisses most of the money up the wall with much of it being spent on things other than providing the stated 'services'.

Indeed, much of the public sector seems to exist to do little more than be a hectoring pain in the ar*e for ordinary working people. It can stop now, with some pain, or collapse completely in a couple more decades.

Edited by tahoma

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Er, rather less than the 100% of the public sector which depends on the private sector for revenue.

To hear some lefties bang on, you would think there is some sort of virtuous circle going on. There isn't, since one party in the loop pisses most of the money up the wall with much of it being spent on things other than providing the stated 'services'.

Indeed, much of the public sector seems to exist to do little more than be a hectoring pain in the ar*e for ordinary working people. It can stop now, with some pain, or collapse completely in a couple more decades.

I do larf at the line that gets spun (and is popular on this forum) that the private sector needs the public. I recognise that some firms depends on public sector budgets for their income and I regard them as little more than public sector organisations but the real private sector is indifferent whether the public sector is there or not. If it wasn't then they'd buy the stuff they need using the funds they wouldn't have had taken off them in tax.

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Actually there's tonnes of this to come. Serco, capita et al have been milking the teat as hard as possible. The double whammy of ******ing their employees and maximising their profits. Offering "value for money" is going to get harder.

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I do larf at the line that gets spun (and is popular on this forum) that the private sector needs the public. I recognise that some firms depends on public sector budgets for their income and I regard them as little more than public sector organisations but the real private sector is indifferent whether the public sector is there or not. If it wasn't then they'd buy the stuff they need using the funds they wouldn't have had taken off them in tax.

My skin crawls at the idea of being dependent on the taxpayer, even if it were through the device of a contract with some public sector entity. I want to earn my living because people have chosen to trade with me.

It's no coincidence that our most explosive period of growth was in a period when the State was small.

Edited by tahoma

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My skin crawls at the idea of being dependent on the taxpayer, even if it were through the device of a contract with some public sector entity. I want to earn my living because people have chosen to trade with me.

It's no coincidence that our most explosive period of growth was in a period when the State was small.

It's incredibly fulfilling isn't it?

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Many of these furniture companies must have survived on progligate end of tax year wasteful purchasing by public sector bodies. I recall that at the end of the tax year gov departments went on spending sprees to exhaust their annual budget, so the big cheeses could then ask the treasury for the same or more in the new year bidding rounds.

Waste was terrible. I used to have an office chair of which I was particularly fond, it suited my rear end needs precisely. I even tippexed my name on the back so colleagues wouldn't snaffle it. It was one of those gas powered adjustable office chairs.

I arrived at the office one morning to see my chair - and all the other dozens of chairs - in a skip outside. The office manager had been told to burn some end of year cash so he bought everyone new chairs at the cost of thousands, throwing the old ones away. I was disgusted by the waste - of money plus damage to the environment caused by the waste.

I took my chair home from the skip and even took it abroad with us to the Caribbean where it did 7 more years hard service in tropical climes - we even gave it to our hosekeeper there when we returned home, so now the same 15-20 year old Home Office chair is servicing the needs of a poor Caribbean village household, while it's brothers and sisters look down from chair-heaven in envy.

The name "Triumph" even rings a bell, as I am sure this firm supplied our home office/immigration furniture.

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Many of these furniture companies must have survived on progligate end of tax year wasteful purchasing by public sector bodies.

My local council - Thanet- spent £12,000 on a desk last year.

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My skin crawls at the idea of being dependent on the taxpayer, even if it were through the device of a contract with some public sector entity. I want to earn my living because people have chosen to trade with me.

Quite right. How these doctors, teachers, soldiers etc. can live with themselves is is beyond me.

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http://www.bbc.co.uk/news/uk-wales-south-east-wales-12717880

A south Wales furniture company is shedding a third of its 300-strong workforce after going into administration.

Triumph Furniture Company, which has sites at Merthyr Tydfil and Tredegar, said a slump in sales to public sector bodies had hit orders.

How much of the private sector depends on the public sector for revenue? It seems that this company specialised in sales to a public sector that is no longer buying new furniture.

It's going to get interesting

The economy is so distorted, how can you tell? This furniture company will have traded with other companies, who will then trade with others, and so on, rippling outwards.

The private sector as it exists now could well be totally different to what the private sector would have been, if the government spending had not happened, a kind of butterfly effect.

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The economy is so distorted, how can you tell? This furniture company will have traded with other companies, who will then trade with others, and so on, rippling outwards.

The private sector as it exists now could well be totally different to what the private sector would have been, if the government spending had not happened, a kind of butterfly effect.

Indeed, but eating your own body wont keep you alive for very long.

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It's no coincidence that our most explosive period of growth was in a period when the State was small.

Growth for who?

The biggest increase in quality of life for the majority of the population was arguably the 1950s - 1970's when the state controlled most things.

Edited by Timak

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Growth for who?

The biggest increase in quality of life for the majority of the population was arguably the 1950s - 1970's when the state controlled most things.

Not to mention when the big bad state grew in order to found the NHS in 1945, or old age pensions in 1911. Such outrageous state intervention!

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Not to mention when the big bad state grew in order to found the NHS in 1945, or old age pensions in 1911. Such outrageous state intervention!

shut it!...the state funds NOTHING.

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shut it!...the state funds NOTHING.

Calm down.

I said found not fund.

They mean different things. Your state-funded teacher obviously failed in some respects :P.

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Calm down.

I said found not fund.

They mean different things. Your state-funded teacher obviously failed in some respects :P.

:lol:

you think there is a difference?

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:lol:

you think there is a difference?

Yes I know there is. Why troll over such a trivial matter?

The NHS was founded in 1945 by the Attlee government.

It was funded by the UK tax payer.

What's your point?

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Yes I know there is. Why troll over such a trivial matter?

The NHS was founded in 1945 by the Attlee government.

It was funded by the UK tax payer.

What's your point?

so no fund, no found.

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  • 276 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
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      • up 5%



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