Made In Britain - Bbc2

[OnionTerror]

..on now...covering the history of manufacturing in the UK...and its future...

Edited June 20, 2011 by Dave Beans

[beccles]

..on now...covering the history of manufacturing in the UK...and its future...

Thanks.

[@contradevian]

Yes cheap radio's and suits for all and completely ignoring high asset prices.

[The Generation Game]

Well we just need to sell 100m McLaren sports cars and the deficit problem is solved!

Edited June 20, 2011 by The Generation Game

[@contradevian]

Well we just need to sell 100m McClaren sports cars and the deficit problem is solved!

Yes and deflation is great for suit making and electronics. Not so good for houses though amazingly!

[R K]

"We turn our car workers into violinists, metaphorically speaking. That's not a sign of failure it's a sign of success"

This is pure globalist propaganda bilge from the Bullingdon Boys state mouthpiece.

He forgot to mention that not only are Chinese made products cheaper to make because they are a slave economy, but that their products are total cr4p and have shorter lifespans.

[@contradevian]

"We turn our car workers into violinists, metaphorically speaking. That's not a sign of failure it's a sign of success"

This is pure globalist propaganda bilge from the Bullingdon Boys state mouthpiece.

He forgot to mention that not only are Chinese made products cheaper to make because they are a slave economy, but that their products are total cr4p and have shorter lifespans.

Yes exactly and it reminds me of that Peter and Dan Snow propaganda piece a few years back "what makes Britain rich" where they went round, doughy eyed interviewing the banksters.

Also now everything is in foreign hands, everything is fine of course.

And China has been buying the technology too, like Rover.

Edited June 20, 2011 by Sir John Steed

[wealthy]

So, out of the examples of manufacturing what seems like a more solid stable base for an economy

Selling a few luxury items

Or selling a lot of everyday items

I know what i'd bet on

This program has more spin than a cue ball hit to screw back

Edited June 20, 2011 by wealthy

[The Generation Game]

I'm surprised they're not discussing bomb shelters. It's almost like an acknowledgement that we're going to (have a big) war soon.

[@contradevian]

Now he is imploring us to invest more in manufacturing and not blow it on spending.

This is the Corporation that runs round the clock "property porn."

[chris25]

Now he is imploring us to invest more in manufacturing and not blow it on spending.

This is the Corporation that runs round the clock "property porn."

I seem to remember Andrew Marr doing a show on the "modern British economy" about 4 years ago. He was rambling on about how great service industries and banking is.

What a complete tit.

[cica]

I seem to remember Andrew Marr doing a show on the "modern British economy" about 4 years ago. He was rambling on about how great service industries and banking is.

What a complete tit.

lol - actually no it's not funny. I remember it well

[General Congreve]

"We turn our car workers into violinists, metaphorically speaking. That's not a sign of failure it's a sign of success"

This is pure globalist propaganda bilge from the Bullingdon Boys state mouthpiece.

He forgot to mention that not only are Chinese made products cheaper to make because they are a slave economy, but that their products are total cr4p and have shorter lifespans.

I've got two things to say:

1. Austin Maestro

2. Austin Montego

Remember those? Probably not, cos they've all long since rusted into dust.

[scottbeard]

It did rather seem like a propaganda programme, I must admit.

I'm not at all convinced though about his championing foreign ownership as a good thing.

If you want to rejuvenate a British Company with good Japanese management, you need to hire a few good Japanese managers, not sell the whole business to Japan.

I don't see how Evan can in one breath gloat about how little of the Berwyn's suit-making money the Chinese workers get, whilst expounding how great it is that Land Rover is owned by India.

At least Evan did mention one of the key root causes of the UK's problems - too much borrowing and consuming, too little saving and investing.

[CrashConnoisseur]

I seem to remember Andrew Marr doing a show on the "modern British economy" about 4 years ago. He was rambling on about how great service industries and banking is.

What a complete tit.

There was a programme on Radio 4 a few days ago analysing the calls to rebalance the UK economy in which the presenter, from The Economist, asked a German industrialist which country was best placed to prosper in the 21st. century. His reply: Britain. He believed that the UK's financial services industry had much to offer the World and would be very difficult for other countries to emulate, while German manufacturing would become increasingly vulnerable to competition from developing countries.

A podcast and transcript of the programme are available...

'Goodbye the Golden Eggs of Banking?':

http://www.bbc.co.uk...rammes/b011p7t8

Time was when the City of London and the financial services industry generally were the apple of most politicians' eyes. The fabulous wealth they generated and taxes they paid seemed to set Britain on the road to lasting prosperity without having to worry about its manufacturing sector. With the crash, the political consensus has turned. Now, metal-bashing is back in favour and the bankers can do no right. The ritual call, heard at least once a generation, for Britain's economy to be more like Germany's is echoing across the land again.

But is making things rather than financial innovation really the way to make Britain's economy grow faster? When we have a competitive edge in banking and managing money, should we cast it aside? And why should Britain's economy be the same as that of other countries?

Janan Ganesh of the "Economist" asks if we should be turning our back on the goose that has laid our golden eggs for so many years. And, with no immediate signs that manufacturing is taking off on a bountiful new trajectory, considers if we should try to understand the City better and how it can assist Britain grow again.

Edit: To add details of Radio 4 programme.

Edited June 20, 2011 by CrashConnoisseur

[Venger]

Well we just need to sell 100m McLaren sports cars and the deficit problem is solved!

I think he said they were selling 1,000 cars a year with a turnover of £250 million. I was thinking what profit from that. Then the McLaren guy said they want to treble turnover and be profitable like some of the major car makers, because it's about being profitable. He said something about not considering failure but it does depend on very rich people in this world continuing to want and able to pay for McLaren road legal supercars each year.

[OnionTerror]

...now on iplayer...

http://www.bbc.co.uk/iplayer/episode/b0125v5h/Made_in_Britain_Episode_1/

[Ruffneck]

"We turn our car workers into violinists, metaphorically speaking. That's not a sign of failure it's a sign of success"

This is pure globalist propaganda bilge from the Bullingdon Boys state mouthpiece.

He forgot to mention that not only are Chinese made products cheaper to make because they are a slave economy, but that their products are total cr4p and have shorter lifespans.

I thought that kind of thinking was dead?

These same people said that closing manufacturing plants and shipping them off to China would be good for the USA & UK.Now that all the manufacturing has moved to China now they are the world superpower and USA/UK are BANKRUPT.There is no coincidence.Manufacturing = #1 most important sector in an industrialised economy.

Edited June 20, 2011 by Ruffneck

[chris25]

I've got two things to say:

1. Austin Maestro

2. Austin Montego

Remember those? Probably not, cos they've all long since rusted into dust.

Yes they were piles of poo but virtually every other car on the road was also cr@p.

Italian cars were far worse, yet they still have a thriving industry, making pretty much all of the worlds best looking cars

Other British cars- Triumph, Jags, MG's etc kicked ass.

[Arbitrage]

I thought that kind of thinking was dead?

These same people said that closing manufacturing plants and shipping them off to China would be good for the USA & UK.Now that all the manufacturing has moved to China now they are the world superpower and USA/UK are BANKRUPT.There is no coincidence.Manufacturing = #1 most important sector in an industrialised economy.

Don't underestimate the presstitutes - Evans and Flanders

[Stainless Sam]

Cameron and Osborne regularly cry the odd crocodile tear about manufacturing and talk about rebalancing the economy. Then, they do nowt.

This, from the people who still worship the woman who made it in her mission in life to destroy manufacturing industry, let the robber barons run riot and acted as wolf mother to the banking obscenity we have now.

It's a pity Thatcher is too gaga to witness the impending collapse of the world financial industry.

[erranta]

There was a programme on Radio 4 a few days ago analysing the calls to rebalance the UK economy in which the presenter, from The Economist, asked a German industrialist which country was best placed to prosper in the 21st. century. His reply: Britain. He believed that the UK's financial services industry had much to offer the World and would be very difficult for other countries to emulate, while German manufacturing would become increasingly vulnerable to competition from developing countries.

A podcast and transcript of the programme are available...

'Goodbye the Golden Eggs of Banking?':

http://www.bbc.co.uk...rammes/b011p7t8

Edit: To add details of Radio 4 programme.

Complete sham

All they do is swill Trillions around in a tombola and charge your Pension/investment for dipping their hand in with ever increasing fees and charges!

Banks (after all their offshoring & other accounting 'fiddling' done by 'top' City accounting firms) pay around 60Billion Taxes a year on what they declare.

Each year those receipts will go down now as bent bankers off-set their 'losses' (whilst still claiming millions in bonuses) - which is why the Tory/Govt scum are hammering the rest of the population with new taxes left, right and center.

2008 bankers lost 130billion on first estimate.

Last Govt figure released they had taken 2.4Trillion just to keep themselves going.The CDO losses have multiplied since 2008!

Bankers actually cost the UK public Billions to keep afloat/open just for their shareholders profiting - here's the proof

>>> Gordon Brown insisted yesterday that "it was right for the government to increase 'borrowing' in order to fund investment (BANKERS & their shareholders in this instance!) to help the economy through tough times". (The Masonic 'Royal Arch' triple Tao symbolisation T.T.T.)

The £50bn pledged by the government had helped underpin the system, the Bank said, and would provide a breathing space for UK banks so that they did not have to sell assets at cut-price values immediately

(Remember, at the same time, Labour were threatening legislation to FORCE the bankers to lend money out!)

The Bank's Financial Stability Report, which will be sent to every bank director in Britain, more than doubled the previous estimate of the potential losses faced by all financial institutions since the spring, but said that given time the actual losses could be pared by between a third and a half.

The £50bn pledged by the government had helped underpin the system, the Bank said, and would provide a breathing space for UK banks so that they did not have to sell assets at cut-price values immediately. The report also expressed cautious optimism about the effectiveness of the recent global bail-out plan.

The Bank's estimate exceeds that made by the International Monetary Fund recently. The IMF concentrated on US institutions and did not include losses from the turmoil of recent weeks. Estimated paper losses from UK banks on mortgage-backed securities and corporate bonds are currently £123bn, the Bank report said.

Gordon Brown insisted yesterday that it was right for the government to increase borrowing in order to fund investment to help the economy through tough times. But he moved to reassure markets that he would not preside over a reckless increase in borrowing during the recession and said he would reduce it as a proportion of GDP once the economy picks up

.

Banks don't even have to report to public in media anymore (Brown/Darling fiddled that) that they are borrowing to keep their empty vaults appear as though they have something in them.

You're paying the original loans plus interest back for money given to greedy bankers (and to stop investor/shareholder losses) who bust their City casino rip-off merry-go-round!

Since 2007 the City have cost the UK Trillions in monetary support, loan interest & losses, no support for small/medium businesses to get through recession and loads of lost jobs/company closures which leads to more Govt borrowing and even less tax receipts.

That's 'Green' Governing for you - just no krunt in the finance media circles will say it in print!

[Riedquat]

Since 2007 the City have cost the UK Trillions in monetary support, loan interest & losses, no support for small/medium businesses to get through recession and loads of lost jobs/company closures which leads to more Govt borrowing and even less tax receipts.

Since before then arguably. The seeds were sown earlier, the crop started to appear in 2007. The continuing diversion of money into a small number of hands that ruined everything makes me sick.

[South Lorne]

I seem to remember Andrew Marr doing a show on the "modern British economy" about 4 years ago. He was rambling on about how great service industries and banking is.

What a complete tit.

...Labour lefty ....what would you expect...?...

[South Lorne]

Yes they were piles of poo but virtually every other car on the road was also cr@p.

Italian cars were far worse, yet they still have a thriving industry, making pretty much all of the worlds best looking cars

Other British cars- Triumph, Jags, MG's etc kicked ass.

...yes ...but ...today Nissan, Toyota, Jaguar / Land Rover, BMW Mini and Honda built in UK are quality, profitable and major exports....proves the workers are quality and the UK Management Boards were rubbish.....