Friday, January 9, 2009

Still not to worry sales at JD sports are up

UK manufacturing declines sharply

UK manufacturing output fell at its fastest pace since 1981 in November, official figures showed, underlining the fragile state of the economy

Posted by holding out @ 11:20 AM (1045 views)
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11 thoughts on “Still not to worry sales at JD sports are up

  • What happened to the UK being better placed to deal with a down turn (as repeatedly stated by the current PM) – a shocking set of stats bearing in mind the weakness of Sterling.

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  • gardeniadotnet says:

    1. jack c said… as repeatedly stated by the current PM

    That phrase has a transitory ring to it. LOL

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  • The reason I mentioned sales at JD sports being up is that on the BBC business main page it is the headline whereas the huge decline in manufacturing is deemed to be on a par with “Lara Croft battles sales downturn”. This shows the twisted world we now live in.

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  • I was listening to the hourly national news bulletin on radio 2 a couple of hours ago – they ran a news story that was nothing more than James May ranting about how men shouldn’t be using pull-along suitcases with wheels. Absolutely unbelievable. No mention of the manufacturing decline or JD sports or even Lara Croft. I suppose at least they didn’t consider a sad middle-aged man ranting about suitcases to be more important than Gaza, but it’s only a matter of time.

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  • holding out – looks like someone’s listening Manufacturing now in the spotlight & JD not.

    I like the comment from the Ministry Of The Bleeding Obviuos (sorry Dales @ Capital Economics – a sound voice really!)
    “It’s not a good time to be in industry”

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  • If you want to focus on a date for the beginning of the demise of Anglo-American industry try 1960 or thereabouts.
    And as an example the 100% import duty that Japan imposed on foreign made machine tools including those built in Coventry. AA arrogance thought that was OK, we could all survive selling money to each other. Rip van Winkle has now woken up, let him not return to his lazy ways.

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  • Makes sense. We’ll all be sitting in tracksuits eating tinned beans before this is over.

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  • jackas said…”We’ll all be sitting in tracksuits eating tinned beans before this is over” – I think you have visualised what’s to come very well indeed.

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  • Manufacturing dives and FTSE 100 rises!!??!!

    Either I don’t get it, or the rest of the world doesn’t.

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  • crash n burn says:

    Time to get the dust off your noooyce old shell suits lads.

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  • Old_traveller says:

    UK manufacturing?, what UK manufacturing? non issue…

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