athom Posted June 28, 2011 Share Posted June 28, 2011 (edited) http://www.ft.com/cms/s/254b7294-a0b0-11e0-b14e-00144feabdc0,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F254b7294-a0b0-11e0-b14e-00144feabdc0.html&_i_referer=http%3A%2F%2Fwww.housepricecrash.co.uk%2Fforum%2Findex.php%3Fshowtopic%3D165819 This really puts the deficit into perspective for me. We hail our business success, a summit with the PM of each country, fan-fair and jubilation for a 1.4Bn deal. Assuming tax will be paid on this income at 20% corporation tax rate on an optimistic 50% profit margin = £140m tax revenue or less than 1% of last months deficit covered It's the recovereh!! Edited June 28, 2011 by athom Quote Link to comment Share on other sites More sharing options...
shindigger Posted June 28, 2011 Share Posted June 28, 2011 http://www.ft.com/cms/s/0/254b7294-a0b0-11e0-b14e-00144feabdc0.html This really puts the deficit into perspective for me. We hail our business success, a summit with the PM of each country, fan-fair and jubilation for a 1.4Bn deal. Assuming tax will be paid on this income at 20% corporation tax rate on an optimistic 50% profit margin = £140m tax revenue or less than 1% of last months deficit covered It's the recovereh!! The word "million" is now bandied about like the word "thousands". Remember the uproar at getting the Olympics at £9 billion? Turned to relative chicken feed in 5 years flat. Quote Link to comment Share on other sites More sharing options...
Lepista Posted June 28, 2011 Share Posted June 28, 2011 The word "million" is now bandied about like the word "thousands". Remember the uproar at getting the Olympics at £9 billion? Turned to relative chicken feed in 5 years flat. Not relative to my salary it's not. Quote Link to comment Share on other sites More sharing options...
ken_ichikawa Posted June 28, 2011 Share Posted June 28, 2011 Its mostly food exports, the lifting of the chicken and pork ban from the mid 00s. Quote Link to comment Share on other sites More sharing options...
scrappycocco Posted June 28, 2011 Share Posted June 28, 2011 In film and tv they need to change their idea of money values, risking prison for $200,000 just doesn't seem realistic in these times of cheap cash. Quote Link to comment Share on other sites More sharing options...
Maggot_with_halitosis Posted June 28, 2011 Share Posted June 28, 2011 Its mostly food exports, the lifting of the chicken and pork ban from the mid 00s. So the shopping basket isn't about to get any cheaper then.... So not really news: Still more stagflation to come... Quote Link to comment Share on other sites More sharing options...
@contradevian Posted June 28, 2011 Share Posted June 28, 2011 So the shopping basket isn't about to get any cheaper then.... So not really news: Still more stagflation to come... The Chinese will more likely buy the bits of animals we don't like, or too squeamish to consider. Quote Link to comment Share on other sites More sharing options...
billybong Posted June 28, 2011 Share Posted June 28, 2011 (edited) The deals include an agreement between BG, the UK energy group, and the Bank of China for up to $1.5bn of new funding options to expand projects in China. I suppose the money must come back to the UK not just end up in BG's Bank of China branch. Even so it's not exactly an economy changing amount and it's not expanding any projects in the UK which is what Evan Davies TV programme said the UK needs to make stuff etc. Maybe there's a behind the scenes arrangement for China to bailout the UK's debt maybe in exchange for London and maybe Ireland and other stuff. The Chinese were in Ireland just recently giving it a look over. Edited June 28, 2011 by billybong Quote Link to comment Share on other sites More sharing options...
tomwatkins Posted June 28, 2011 Share Posted June 28, 2011 Its mostly food exports, the lifting of the chicken and pork ban from the mid 00s. Shame. I was hoping it was some recycled sh!t that we could let them have back. Quote Link to comment Share on other sites More sharing options...
R K Posted June 28, 2011 Share Posted June 28, 2011 I wonder if Cameron noticed Wen p1ssing on his shoes. Quote Link to comment Share on other sites More sharing options...
ken_ichikawa Posted June 28, 2011 Share Posted June 28, 2011 The Chinese will more likely buy the bits of animals we don't like, or too squeamish to consider. Nah the thing is the English do eat these sorts of things, it is just that it is disguised into other things. Thus while you may well visit a Chinese supermarket and see things such as : wombs, ovaries intestines etc. Even arteries hearts eyes, feet cartilidge etc. In the UK we stick those things into low grade meats like the cheapest hams made from reclaimed meat sausages and pies. Quote Link to comment Share on other sites More sharing options...
athom Posted June 28, 2011 Author Share Posted June 28, 2011 Shame. I was hoping it was some recycled sh!t that we could let them have back. We tried that already, they just keep turning it all into other kinds of shit and send it back again with a premium on top. Nothing forcing us to buy it though Quote Link to comment Share on other sites More sharing options...
northwestsmith2 Posted June 28, 2011 Share Posted June 28, 2011 The Chinese will more likely buy the bits of animals we don't like, or too squeamish to consider. Didn't the last Prime Minister also do a deal with China, and wasn't it also also offal sales such as pig trotters and wasn't it also heavily publicised and it didn't it also not alter the trade balance in any way http://www.telegraph.co.uk/news/worldnews/1576184/Britain-agrees-deal-to-sell-pigs-trotters-to-China.html The Chinese must be wondering how many times the current ruling UK party can trade the same offal before the public find them out. Quote Link to comment Share on other sites More sharing options...
athom Posted June 28, 2011 Author Share Posted June 28, 2011 Didn't the last Prime Minister also do a deal with China, and wasn't it also also offal sales such as pig trotters and wasn't it also heavily publicised and it didn't it also not alter the trade balance in any way http://www.telegraph.co.uk/news/worldnews/1576184/Britain-agrees-deal-to-sell-pigs-trotters-to-China.html The Chinese must be wondering how many times the current ruling UK party can trade the same offal before the public find them out. damn there's a joke in there somewhere but seriously is that all we've got left to sell? Pig bits. I honestly can't see how we are going to ever be anything like as "comfortably well off" again. Quote Link to comment Share on other sites More sharing options...
athom Posted June 28, 2011 Author Share Posted June 28, 2011 The Chinese must be wondering how many times the current ruling UK party can trade the same offal before the public find them out. In fact what is he thinking. Is he as excited to be receiving our pigs arses as we clearly are to have found a buyer for them. I think it can probably be boiled down to two words - "wen won" He must be laughing his head off in there. Quote Link to comment Share on other sites More sharing options...
R K Posted June 28, 2011 Share Posted June 28, 2011 damn there's a joke in there somewhere but seriously is that all we've got left to sell? Pig bits. I honestly can't see how we are going to ever be anything like as "comfortably well offal" again. Did I win? Quote Link to comment Share on other sites More sharing options...
athom Posted June 28, 2011 Author Share Posted June 28, 2011 Did I win? Your prize is in the post don't wait too long to spend it Quote Link to comment Share on other sites More sharing options...
Wuluf Posted June 29, 2011 Share Posted June 29, 2011 Und die Deutschen haben sich 10bn EUR gegönnt.. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.