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Blood On The High Street


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HOLA441

Halfords profits fall after 'tough' trading

http://www.bbc.co.uk/news/business-18276593

Thomas Cook sees losses widen as it struggles with debt

http://www.bbc.co.uk/news/business-18246207

B&Q owner Kingfisher blames rain for fall in sales

http://www.bbc.co.uk/news/business-18276585

But don't worry... it's not all bad news:

BAE Systems plans to cut 620 jobs across UK

http://www.bbc.co.uk/news/uk-england-tyne-18278139

Oh sorry, it is!

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HOLA445

its ok, Houses rose by 0.3%, we are saved.

and dont forget its a 4 day bank holiday weekend, where it will be dry, sunny and rainy, (honestly) which will fix all the problems.

Eagerly awaiting the "Mixed weather causes highstreet confusion and lack of sales" headline.

Edited by OnlyMe
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HOLA446

its ok, Houses rose by 0.3%, we are saved.

and dont forget its a 4 day bank holiday weekend, where it will be dry, sunny and rainy, (honestly) which will fix all the problems.

Shame they are still down on last year by -0.7 and on last quarter -0.9%....I think we are still f***ked. :lol:

Maybe all them people that weren't out buying anything cause they have no money were out buying massively over priced houses in the hope of making a fortune.

Edited by TheCountOfNowhere
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HOLA447

its ok, Houses rose by 0.3%, we are saved.

and dont forget its a 4 day bank holiday weekend, where it will be dry, sunny and rainy, (honestly) which will fix all the problems.

Rain on Sunday and Monday forecast.

This follows on from Bath & West show with exceptionally poor attendance due to shift of dates due to Jooobilee.

Attendances so poor that school parties offered free entry to try to boost numbers.

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Shame they are still down on last year by -0.7 and on last quarter -0.9%....I think we are still f***ked. :lol:

Maybe all them people that weren't out buying anything cause they have no money were out buying massively over priced houses in the hope of making a fortune.

Most people don't have any skills or talent, so property is the game for them. They get a liar loan and then wait a year and sell for 100% profit..... :lol:

Not anymore though, as property is one sure way to throw all your cash on a fooking bonfire these days.

Edited by Wait & See
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HOLA4411

Halfords profits fall after 'tough' trading

http://www.bbc.co.uk/news/business-18276593

Thomas Cook sees losses widen as it struggles with debt

http://www.bbc.co.uk/news/business-18246207

B&Q owner Kingfisher blames rain for fall in sales

http://www.bbc.co.uk/news/business-18276585

But don't worry... it's not all bad news:

BAE Systems plans to cut 620 jobs across UK

http://www.bbc.co.uk/news/uk-england-tyne-18278139

Oh sorry, it is!

We now know why Thomas Cook renegotiated their finance. What doesn't seem to be quoted from the article is the possible civil unrest in Greece, and probably a massive jump in the risk free rate, credit crunch 2 and knock on recession. I know they have a new chief exec arriving soon (who apparently was an expert in creating an online business at PremierFarnell) but what on earth are they doing saying things like this!

edit: I suppose the interim chief is going. Says it all <_<

This is not advice!

"If Greece exits (the euro), for the tourism industry it could be very profitable," interim chief executive Sam Weihagen said after the company posted a steep first-half loss on Thursday.

http://uk.reuters.com/article/2012/05/31/uk-thomascook-results-idUKBRE84U0F420120531

Edited by Ash4781
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HOLA4415

Most people don't have any skills or talent, so property is the game for them. They get a liar loan and then wait a year and sell for 100% profit..... :lol:

Not anymore though, as property is one sure way to throw all your cash on a fooking bonfire these days.

:P

WOT???

A WOT??? :(:o

A LIAR LOAN?!!? :rolleyes:

A PREDATORY LIAR LOAN?!?!! :lol:

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HOLA4416

Halfords profits fall after 'tough' trading

http://www.bbc.co.uk/news/business-18276593

Thomas Cook sees losses widen as it struggles with debt

http://www.bbc.co.uk/news/business-18246207

B&Q owner Kingfisher blames rain for fall in sales

http://www.bbc.co.uk/news/business-18276585

But don't worry... it's not all bad news:

BAE Systems plans to cut 620 jobs across UK

http://www.bbc.co.uk/news/uk-england-tyne-18278139

Oh sorry, it is!

Halfords £92 million on a £800 million turnover in a tough year, think you have been watching too much doom and gloom BBC. They just announced 1000 new jobs

Thomas Cook and Kingfisher were basket cases anyway

Do youself a favour buy a paper you have to fold in two to read at breakfast rather than taking a website built by no wage interns as your news feed

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HOLA4417

Eagerly awaiting the "Mixed weather causes highstreet confusion and lack of sales" headline.

Mervyn King has let it be known that inflation is entirely down to the rain in the Spring. Sources close to him reported (with a mobile phone recorder on), that "the current recession was brought on by the Royal Wedding last year and the Jubilee and Olympics this year will prolong it. Christmas is due to get in the way of any recovery in 2012, so the upturn won't come until after the New Year. Even then the Eurozone may implode and QE 3, 4 & 5 may have to be rescheduled to February 2013."

Funny, but there was no mention of anyone running out of money or being in a debt crisis!!

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HOLA4418

You know what gets me about Halfords. Every single time I go in there it's so difficult to get simple service. I don't just mean now and then, but each and every time. Often the checkout till is left abandoned, the bike repair place certainly is, and the car repair desk usually is. It would be a good shop if they weren't so shy.

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HOLA4419

Halfords £92 million on a £800 million turnover in a tough year, think you have been watching too much doom and gloom BBC. They just announced 1000 new jobs

"In the 12 months to 31 March, its pre-tax profit was £92m, down 27% from £126m a year earlier, with the firm citing a "tough economic environment". Its revenues were 1% lower at £863m."

Profit down 27% on the same turnover. Sounds like a peach.

And I didn't even need to open a broadsheet ;):lol:

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HOLA4420

"In the 12 months to 31 March, its pre-tax profit was £92m, down 27% from £126m a year earlier, with the firm citing a "tough economic environment". Its revenues were 1% lower at £863m."

Profit down 27% on the same turnover. Sounds like a peach.

And I didn't even need to open a broadsheet ;):lol:

That's 3% inflation for you.

:ph34r:

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HOLA4424

i bet mcdonalds are suffering as well

I dunno McDonalds seem to do bad when everyone thinks they are doing well and are above eating at such ghastly places.

Everyone's firmly in the fear phase so I bet mc d's are raking it in.

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HOLA4425

You know what gets me about Halfords. Every single time I go in there it's so difficult to get simple service. I don't just mean now and then, but each and every time. Often the checkout till is left abandoned, the bike repair place certainly is, and the car repair desk usually is. It would be a good shop if they weren't so shy.

Good on them for employing the shy! ;):blink:

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