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Not so good news Britain

Not so good news Britain

Old Nov 1st 2012, 2:47 pm
  #241  
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Default Re: Not so good news Britain

Originally Posted by rebs View Post
I interpreted Dunroving's comment to be pointing out that these days the term 'High Street Store' is not necessarily a literal term - I would use that term to denote any nationally recognised bricks and mortar store (as opposed to an online only store).
I would agree with you
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Old Nov 1st 2012, 4:01 pm
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Default Re: Not so good news Britain

Originally Posted by Pistolpete2 View Post
But the point of the newspapers focusing on the generic High Street stores is to continue the gloom and doom mantra that slowly but surely the typical town High Street is being boarded up and either later replaced with second-hand shops or pawn brokers. When Tesco opens a megastore on the edge of town is that High Street neutral or even positive - I think not! It destroys the High Street, or at least large sections of it, ultimately.

Indeed, Comet almost never was a high street store but was instead plonked in some cheaper open space with a large warehouse. Currys on the other hand as with Dixons, is mostly a true high street store chain.
Yes exactly, there are plenty of stores I associate with the traditional High Street but Comet as you say isnt one of them. They are almost always out of town whereas again as you say there are other smaller stores more commonly associated with the High Street. The Comet situation is sad for the workers involved but with so much really good competition it is sink or swim. I'm not sure if I am allowed to say I have seen it all before elsewhere but I have and no doubt I will see it again.
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Old Nov 2nd 2012, 7:52 am
  #243  
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Default Re: Not so good news Britain

Originally Posted by Bud the Wiser View Post
Just heard Comet's have gone into administration 6,000 jobs to go. Another nail in the High Street coffin.
Just a warning to anyone who has a Comet gift voucher - make sure you spend it before Monday (when Comet goes into administration), as afterwards, there is no guarantee that the liquidators will honour them.

(And you can't use their Web site to buy something, as it is closed down).
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Old Nov 2nd 2012, 9:08 am
  #244  
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Default Re: Not so good news Britain

Article on UK taxation. In the comments section there's a fair few calls for an introduction of a flat tax. I doubt very much if that will ever happen. In my opinion, the more complex a tax system is the more the government like it. Or to put it another way, the less the populace know what they are actually paying in tax the easier it is for the government to fleece them.

I'm a big fan of the 'Fair Tax', www.fairtax.org. It's an idea that, I believe, has not been floated in the UK. The books are worth a read. When people wake up to how much tax is imbedded into everyday items, including food, they may call for a simpler and fairer system

Anyway here's the article.

http://www.telegraph.co.uk/finance/c...ys-ankles.html
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Old Nov 3rd 2012, 2:02 pm
  #245  
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Default Re: Not so good news Britain

Originally Posted by dunroving View Post
Just a warning to anyone who has a Comet gift voucher - make sure you spend it before Monday (when Comet goes into administration), as afterwards, there is no guarantee that the liquidators will honour them.

(And you can't use their Web site to buy something, as it is closed down).
Oops, too late - just heard on the news that the administrators have already suspended gift certificates. Bar-stewards.
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Old Nov 14th 2012, 10:00 pm
  #246  
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Default Re: Not so good news Britain

• Annual CPI inflation +2.7pc in October (2.2pc in September)
• Annual RPI inflation 3.2pc (2.6pc last month)


Government fixes next annual benefit and pension increase based on September inflation figures. The cynic in me........

Source: http://www.telegraph.co.uk/finance/e...-to-2.7pc.html

<Aston Goodey of retirement income specialist insurer MGM Advantage said the rise meant UK households collectively need to find an extra £24.5bn a year – or £932 per household – to maintain the same standard of living as 12 months ago.>

Source: http://www.guardian.co.uk/money/2012...ation-increase

Does any one know what constitutes a household when people are quoting the above figures?
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Old Nov 15th 2012, 7:53 am
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Default Re: Not so good news Britain

Originally Posted by Bud the Wiser View Post
• Annual CPI inflation +2.7pc in October (2.2pc in September)
• Annual RPI inflation 3.2pc (2.6pc last month)


Government fixes next annual benefit and pension increase based on September inflation figures. The cynic in me........

Source: http://www.telegraph.co.uk/finance/e...-to-2.7pc.html

<Aston Goodey of retirement income specialist insurer MGM Advantage said the rise meant UK households collectively need to find an extra £24.5bn a year – or £932 per household – to maintain the same standard of living as 12 months ago.>

Source: http://www.guardian.co.uk/money/2012...ation-increase

Does any one know what constitutes a household when people are quoting the above figures?

The Office for National Statistics define a Household as
"For statistical purposes in the United Kingdom, a household is defined as "one person or a group of people who have the accommodation as their only or main residence and for a group, either share at least one meal a day or share the living accommodation, that is, a living room or sitting room"
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Old Nov 15th 2012, 8:23 am
  #248  
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Default Re: Not so good news Britain

Originally Posted by TheArmChairDetective View Post
The Office for National Statistics define a Household as
"For statistical purposes in the United Kingdom, a household is defined as "one person or a group of people who have the accommodation as their only or main residence and for a group, either share at least one meal a day or share the living accommodation, that is, a living room or sitting room"
Thanks, I'd like to say it made it much clearer, but alas it's government speak and as such can be filed under goobledigook (sp)

Surely a family of four are affected more by inflation, in particular food inflation, than a single person. If the figure quoted above ( a rise of £932 per household ) is an average, based on my understanding ( or lack of ) the ONS definition, then a family of four must really be hurting.
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Old Nov 15th 2012, 8:38 am
  #249  
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Default Re: Not so good news Britain

Originally Posted by Bud the Wiser View Post
Thanks, I'd like to say it made it much clearer, but alas it's government speak and as such can be filed under goobledigook (sp)

Surely a family of four are affected more by inflation, in particular food inflation, than a single person. If the figure quoted above ( a rise of £932 per household ) is an average, based on my understanding ( or lack of ) the ONS definition, then a family of four must really be hurting.
I agree, if you picture in your mind Neil from "The Young One's" in his Room in the shared house, that is a household. If you then picture Neil in his own one room bedsit, that is by the definition, also a household.
If you then picture the (additional) £932 as the rise in spend on lentils then, well you get the picture

Last edited by TheArmChairDetective; Nov 15th 2012 at 8:45 am.
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Old Nov 16th 2012, 5:20 am
  #250  
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Default Re: Not so good news Britain

Originally Posted by chris955 View Post
I had never heard of them until they started popping up all over the place in Australia before we left, along with Cash Convertors and similar shops. They charge ridiculous interest rates but I guess the idea is you only have the money for weeks at a time rather than years with a bank loan. Not something I would ever use.
Same here.. I'd also never heard of "hock shops" both are huge in Australia and now (unfortunately) in the UK what next... pokie machines in pubs!!!!
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Old Nov 17th 2012, 4:45 am
  #251  
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Default Re: Not so good news Britain

Originally Posted by TGA View Post
Same here.. I'd also never heard of "hock shops" both are huge in Australia and now (unfortunately) in the UK what next... pokie machines in pubs!!!!
Stemming for the original pawn shops presumably, that kept so many families going years ago.
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Old Nov 17th 2012, 5:59 pm
  #252  
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Default Re: Not so good news Britain

Originally Posted by TheArmChairDetective View Post
Yawn, don't you have "tons" of cider your half way through drinking ?
I am reading through this thread and this bickering is getting on my nerves.

Percentages are a perfectly valid comparison and the basis of most of the stats we see published, including the ones at the beginning of this thread.
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Old Nov 20th 2012, 8:28 am
  #253  
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Default Re: Not so good news Britain

Employment has recovered from the recession, but wages haven’t.
25 Comments Jonathan Jones 14 November 2012 15:00

Today’s employment figures don’t contain much new to shout about. The number of people in work — although it rose by 100,000 on the previous quarter — is actually down very slightly from last month’s record high (but still above the pre-recession peak, just). Unemployment fell by 49,000 from Q2 to Q3, although that’s well within the Labour Force Survey’s margin of error (so we can’t be certain that it fell at all). The best news in today’s figures — from the government’s point of view — is probably that the headline unemployment rate is now 7.8 per cent, very slightly below the 7.9 per cent rate when the coalition took office (though again, it’s worth remembering that the margin of error on that figure is +/– 0.3 percentage points).



The big picture, then, is the same as last month: overall employment has fully recovered from the recession. But the composition of the labour force has changed dramatically. The government can boast that there are 601,000 more people in work now than were at the last election, but almost half of that increase has come in part-time workers:
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Old Nov 20th 2012, 8:52 am
  #254  
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Default Re: Not so good news Britain

Originally Posted by Pit Bull. View Post
Employment has recovered from the recession, but wages haven’t.
25 Comments Jonathan Jones 14 November 2012 15:00

Today’s employment figures don’t contain much new to shout about. The number of people in work — although it rose by 100,000 on the previous quarter — is actually down very slightly from last month’s record high (but still above the pre-recession peak, just). Unemployment fell by 49,000 from Q2 to Q3, although that’s well within the Labour Force Survey’s margin of error (so we can’t be certain that it fell at all). The best news in today’s figures — from the government’s point of view — is probably that the headline unemployment rate is now 7.8 per cent, very slightly below the 7.9 per cent rate when the coalition took office (though again, it’s worth remembering that the margin of error on that figure is +/– 0.3 percentage points).



The big picture, then, is the same as last month: overall employment has fully recovered from the recession. But the composition of the labour force has changed dramatically. The government can boast that there are 601,000 more people in work now than were at the last election, but almost half of that increase has come in part-time workers:
Source please.
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Old Nov 21st 2012, 2:45 pm
  #255  
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Default Re: Not so good news Britain

Originally Posted by Pollyana View Post
Source please.
The usual place
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