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Tories in chaos

Tories in chaos

Old Jun 13th 2019, 4:03 pm
  #2191  
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Default Re: Tories in chaos

Originally Posted by amideislas View Post
OK, boaty. Have a nice trip.
The good ship HMS Boris McBorisface. God bless him and all who sail in him.
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Old Jun 13th 2019, 4:28 pm
  #2192  
 
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Default Re: Tories in chaos

Would you buy a used country car from any of these men?

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Old Jun 13th 2019, 4:39 pm
  #2193  
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Default Re: Tories in chaos

Not many Tories I would buy a car from, used or new ...
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Old Jun 13th 2019, 4:50 pm
  #2194  
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Default Re: Tories in chaos

Originally Posted by Cape Blue View Post
EMR strawman alert - I didn't say that.
So what does "soar again" mean in the Cape theiory of economics.
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Old Jun 13th 2019, 4:51 pm
  #2195  
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Default Re: Tories in chaos

I have a bridge that lot might be interested in. Special price.
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Old Jun 13th 2019, 4:55 pm
  #2196  
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Default Re: Tories in chaos

Originally Posted by amideislas View Post
I have a bridge that lot might be interested in. Special price.
£350 million?
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Old Jun 13th 2019, 4:56 pm
  #2197  
 
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Default Re: Tories in chaos

Originally Posted by SultanOfSwing View Post
£350 million?




But no, SOS, she probably wants real money.
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Old Jun 13th 2019, 4:57 pm
  #2198  
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Default Re: Tories in chaos

I just can not believe they are voting for Bojo What goes on in a Tory mind (if anything).
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Old Jun 13th 2019, 4:59 pm
  #2199  
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Default Re: Tories in chaos

Originally Posted by Cape Blue View Post
No it won't, the extra time will be insignificant - it may be an hour or two on a 20-hour journey that already has risks of disruption through traffic jams etc.
Yes well the people who actually do this think differently.

One example of JIT in operation is the Swindon assembly plant of Honda UK. In evidence to the Business Select Committee late last year, Honda said that it retained just an hour’s worth of parts at the Swindon production line, and it required 350 trucks’ worth of components to be delivered every day from Europe.

The Japanese-owned firm stated that every 15 minutes of customs delay would cost it up to £850,000 a year, and that it would take 18 months to set up new procedures and warehouses if Britain left the customs union.
But I don't suppose that had any bearing on their decision to close the factory,
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Old Jun 13th 2019, 5:00 pm
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Default Re: Tories in chaos

Sorry, I'm not interested in the NHS. There's an orange looking bloke who is though.
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Old Jun 13th 2019, 5:04 pm
  #2201  
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Default Re: Tories in chaos

Originally Posted by jimenato View Post
Yes well the people who actually do this think differently.



But I don't suppose that had any bearing on their decision to close the factory,
But... when the pound is worth 50¢, £850 mil will amount to lunch at Whetherspoons. We'll all be rich. Happy days.

Last edited by amideislas; Jun 13th 2019 at 5:06 pm.
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Old Jun 13th 2019, 5:09 pm
  #2202  
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Default Re: Tories in chaos

Originally Posted by Lion in Winter View Post



But no, SOS, she probably wants real money.
Worth a try.

Originally Posted by Annetje View Post
I just can not believe they are voting for Bojo What goes on in a Tory mind (if anything).
Not an awful lot, I would imagine.
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Old Jun 13th 2019, 5:27 pm
  #2203  
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Default Re: Tories in chaos

Originally Posted by jimenato View Post
Yes well the people who actually do this think differently.

But I don't suppose that had any bearing on their decision to close the factory,
Fake news, deliberately made to look extreme as part of the project fear process..

A 15 minute delay on a truck carrying, for example engines from Germany to the UK:
  • The trailer would carry around 600 car engines worth around £3,000 each - so £1.8M of load.
  • The distance from Dusseldorf to Oxford is 470 miles and around 10 hours.
  • Mileage rates for HGV - say around £2/mile
So we have £960 trip extended by 15 mins, so equivalent to about 15 miles, so by £30. The £960 trip becomes a £990 trip.

That £30 has to be recouped across the value of the items it is carrying - an additional 5 pence per £3,000 engine.

The logistics manager now knows the journey will take 10 hrs and 15 mins and can plan accordingly.

Multiply this by 100 components for the car coming from the EU (as opposed to those coming from outside the EU who already have checks) - some deliveries of cheaper things like shock absorbers will have many, many more on a load, some things may have less - so using 5p times 100 = £5 additional cost per £20K+ vehicle.

The vehicle will have had around £10K of value-add costs added in the UK, which with the softening of Sterling now make it £1,000 cheaper when exported.


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Old Jun 13th 2019, 5:27 pm
  #2204  
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Default Re: Tories in chaos

Originally Posted by SultanOfSwing View Post
£350 million?
What do then spend the next week's £350M on?
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Old Jun 13th 2019, 5:30 pm
  #2205  
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Default Re: Tories in chaos

Originally Posted by EMR View Post
So what does "soar again" mean in the Cape theiory of economics.
It means production could soar again, it doesn't refer to factories that are now closing will open again.

Perhaps other factories will start producing more, or new factories for the .com cars will arise - the new Dyson electric!
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