Brexit, for once some facts.

[tillson]

Did the Leavers appreciate that the Leave vote was going to hit their pockets?
I must say I am surprised how quick these price rises are coming out of the system,there are a couple of others in the pipeline,the going rate seems 10%.
KudosDave

I thought that there would be the inevitable raising of prices. I know you are talking Dollars, but some of the European bikes are purchased in Euros. At the beginning of 2014, the Euro to £ exchange rate was roughly what we are seeing today. By the middle of 2015 the £ has risen to 1.42 Euros, but the EU imported bikes never came down in price to reflect this. I guess the "windfall" differential was simply slipped into the trouser pocket.

It's a ratchet mechanism, always a reason to increase, seldom a reason to reduce. That's just the way it is. If I don't feel I'm getting value, I stop buying. But this does bring with it a danger of recession!

 

[Kudoscycles]

I thought that there would be the inevitable raising of prices. I know you are talking Dollars, but some of the European bikes are purchased in Euros. At the beginning of 2014, the Euro to £ exchange rate was roughly what we are seeing today. By the middle of 2015 the £ has risen to 1.42 Euros, but the EU imported bikes never came down in price to reflect this. I guess the "windfall" differential was simply slipped into the trouser pocket.

It's a ratchet mechanism, always a reason to increase, seldom a reason to reduce. That's just the way it is. If I don't feel I'm getting value, I stop buying. But this does bring with it a danger of recession!

It's a momentum move,food goes up,fuel goes up,bicycles goes up...I agree in some circumstances the price increase is not justified but the prices still go up. There have been very few price rises over the last few years,some are probably overdue but Brexit gives a perfect smokescreen to increase prices.
In the end people just accept price rises and Brexit becomes an acceptable cause,if they hear it from enough different media.
Inflation returns and interest rates will rise to compensate.
KudosDave

 

[KTM Bike Industries UK]

but some of the European bikes are purchased in Euros.

Which brands of bike do you think this of?

I can use KTM as an example... our bikes are allowed by the EU to have "Made in Austria" stamped on them because of the % of the labour / work that is done in Austria.

However, 90% of the cost of the bike is bought in by KTM in $ or swiss franks, and the bits they pay for in € from OEM suppliers like say Bosch are themselves made up of components that come from outside the € zone. So if lets say Bosch buy in some raw material from the Far East, or they have their batteries made in Hungry (which I think they might)... These sources are outside the € and pretty much every world currency has gained strength on the € over the past 4 weeks, and if the uncertainly continues it will only get worse. So the Euro bike brands have had their cost prices go up, so that means even to the Euro customers the bikes will cost more.... Then because the £ has fallen against the Euro, that more expensive € price suddenly becomes and even more expensive £ price.

But if you want to give me an example of a brand you thing will escape these price rises I'll happily look at the supply chain for you and try to see what will happen.

Also remember that a 5% change in exhange range, costs the the brand 5% more, the band will still need to make the same margin, the distributor and the shop... the price rise at RRP could be a lot more than the 5% cost price increase.

 

[tillson]

The Conservatives are likely to achieve 100% employment and 99% in poverty too, and you voted for that by voting Brexit didn't you?
We have no chance now of it ever coming down, have we? as the Wages will continue to fall and terms of employment worsen, and welfare payments disappear.
Well done.

I agree with some of this, but can't quite fathom the link to BREXIT, but anyway:

The creature which now stalks the corridors of Number 10 and her faux Old-Time Music-Hall variety act husband ("where's me washboard") are no friends of the working man or woman.

I have a few friends and acquaintances within the police force. Love them or loath them, May's handling of police negotiations regarding pay and conditions was despicable. I don't think that she had any particular axe to grind with the coppers, its just a case of having total contempt for working class people and I suspect her attitude can be extrapolated to other forms of work.

She liked the situation with the filth, they have no union or industrial rights and didn't she just fill her kitten heals. Not much of what happened has been reported because the police aren't everyone's buddies. Coppers injured on duty and unable to return to full duties have taken a £5K pay cut, pension contributions have risen 3%, length of service to pension extended by 10 years for mid service officers, £1K pay cut for all officers of PC rank, pay freeze, no incremental pay progression for young in service officers, officers in their mid 50s facing dismissal with delayed pension rights if they fail the same fitness test as a 19 year old. She wanted to scrap the independent pay negotiating body because they came to the wrong decision.

Then she started on the Police Staff employees, moving them from local government pay and conditions into the hands of G4S. Did I mention her husband "Chester Drawers" is a share holder in G4S? Or that her axe man, Tom Winsor, is a senior partner in a law firm which specialises in the transfer of local government setups into the private sector?

Workers beware, this woman is bad news.

 

[Kudoscycles]

I agree with some of this, but can't quite fathom the link to BREXIT, but anyway:

The creature which now stalks the corridors of Number 10 and her faux Old-Time Music-Hall variety act husband ("where's me washboard") are no friends of the working man or woman.

I have a few friends and acquaintances within the police force. Love them or loath them, May's handling of police negotiations regarding pay and conditions was despicable. I don't think that she had any particular axe to grind with the coppers, its just a case of having total contempt for working class people and I suspect her attitude can be extrapolated to other forms of work.

She liked the situation with the filth, they have no union or industrial rights and didn't she just fill her kitten heals. Not much of happened has been reported because the police aren't everyone's buddies. Coppers injured on duty and unable to return to full duties have taken a £5K pay cut, pension contributions have risen 3%, length of service to pension extended by 10 years for mid service officers, £1K pay cut for all officers of PC rank, pay freeze, no incremental pay progression for young in service officers, officers in their mid 50s facing dismissal with delayed pension rights if they fail the same fitness test as a 19 year old. She wanted to scrap the independent pay negotiating body because they came to the wrong decision.

Then she started on the Police Staff employees, moving them from local government pay and conditions into the hands of G4S. Did I mention her husband "Chester Drawers" is a share holder in G4S? Or that her axe man, Tom Winsor, is a senior partner in a law firm which specialises in the transfer of local government setups into the private sector?

Workers beware, this woman is bad news.

But she is your champion,the lady who is going to lead all Brexiters to the promised land,she is after all 'Brexit means Brexit'.
KudosDave

 

[mike killay]

As the nation faces assault by ISIS, what sort of person would deliberately weaken the Police Force?

 

[tillson]

But she is your champion,the lady who is going to lead all Brexiters to the promised land,she is after all 'Brexit means Brexit'.
KudosDave

Didn't vote for her, don't want her, don't think she is up to the job and I don't trust her. She's not my doing.

I think we need a general election.

 

[mike killay]

Well, even though she was there a long time, she seems to have been a bit of a disaster as Home Secretary.

 

[oldgroaner]

Lies from the Daily Fail
"
Just ONE terror suspect in the UK is under an official curfew despite at least 2,000 fanatics being at large in Britain

• So-called T-Pims are toughest tool security services have to protect public
• Supposed to ensure police and MI5 can control the movements of fanatics
• Used for those not yet prosecuted or deported by curbing their freedoms
• But since 2013, the number of T-Pims used has fallen from nine to only one

Only one extremist in Britain is now subject to an official anti-terror order despite there being at least 2,000 fanatics at large in the UK, it can be revealed today.

The so-called T-Pims – Terrorism Prevention and Investigation Measures – are the toughest tool the security services have to restrict the activities of terror plotters. "
Strange that no action has been taken by the Government when you check on the powers they have to exclude undersirables
https://fullfact.org/europe/explaining-eu-deal-deporting-eu-immigrants/

Since they already have the power to do so, why isn't it happening?
Anyone have an answer to that?

 

[oldgroaner]

Didn't vote for her, don't want her, don't think she is up to the job and I don't trust her. She's not my doing.

I think we need a general election.

And an opposition worthy of the name!

 

[oldtom]

Well, even though she was there a long time, she seems to have been a bit of a disaster as Home Secretary.

The reason this woman is now PM is because she is another Thatcher; a woman further to the right politically than General Pinochet and with more balls than most of her cabinet.

Some time ago, I mentioned that the BBC was the major tory propaganda organ in the country but others remarkably thought it was riddled by left-wing loonies. This little infographic gives just a tiny insight into the connections that are ignored by the media, ignored so people don't start to put two and two together.




Anyone unaware of the intimate proximity between many senior parliamentarians, corporate moguls, conservative financial backers, royalty and various other individuals and groups with incredible wealth can glean a little insight by simple research on the internet.

Here is the easy to find Wiki entry but you can extrapolate by further research - just view the names you discover as a starting point. 'Who's who?' doesn't publish too many connections!

https://en.wikipedia.org/wiki/Chipping_Norton_set

It's also worth keeping in mind who employed Jimmy Savile, (knighted), and the Dolphin Square business, about which we seem destined to learn nothing such is the magnitude of the cover-up.

Far-fetched? Well, you may think so but if you have any intimate contacts within the media and/or police, you might just get the odd snippet which may cause you to think again.

Tom

 

[oldtom]

Anyone bank with Lloyd's?

I'm staggered by the latest news!

Tom

 

[trex]

while we wait for brexit: house prices seem steady or increasing slightly.

 

[oldgroaner]

Anyone bank with Lloyd's?

I'm staggered by the latest news!

Tom

Oh come on Tom, what's 3,000 job losses against the joy Brexit is sharing around?
And Shell profits down too! nothing to worry about, after all, whatever happens the rich will get richer and the poor will get poorer.T
"
Lloyds Banking is to cut 3,000 jobs and close 200 branches despite doubling its pre-tax profits, with the group blaming uncertainty following Brexit.

The group announced it had enjoyed a £2.5bn profit in the six months to the end of June, compared to £1.2bn in the previous half year.

The total number of jobs cut since the announcement of an efficiency drive in 2014 will stand at 12,000 by the end of next year. The latest 200 branch closures come on top of another 200 already earmarked for closure at Lloyds, which is 9% owned by the Government. Any excuse to rip everyone off and hasn't this lot been quick to jump on the bandwagon?
Surely having doubled their profits they could have waited a bit to see how Brexit would work out?
No change really. BANKING EQUATES WITH DISHONESTY.
Nothing to see here move along (As one might say)
Article 50 or bust! or is that and?

 

[oldgroaner]

"
Hinkley Point nuclear power station plans 'set to get go-ahead'
The station is expected to generate seven per cent of the UK's energy over the next 60 years"
Can anyone explain the logic of having a Brexit vote to establish the independence of this country then if we need a Nuclear Power station, have it built by foreigners and foreign capital, and pay them a huge premium on every Kilowatt of it's output?
Come on now, Brexit fans, logical explanation please!
Why are we wasting money on Trident if we need this power station?

 

[(NoLongerRegistered#15675)]

Apparently May's husband is a big wig for g4...who are trying take some responsibilities from fire service..and who did she have a go at about a month ago..mmmmm...another one...Thought she was ok...ahwell.

 

[KTM Bike Industries UK]

Just had notification from our currency broker... things are set to get worse...

"Action required – 100% certainty of rate cut?

Data compiled by Bloomberg suggests a 100% probability that the Bank of England (BoE) will cut its key interest rate next Thursday, 4th August.

If the BoE does cut rates, this is likely to cause sterling to weaken against currencies including the euro and US dollar."

 

[trex]

rates cut seems to be the only weapon left to the BoE at the moment to stop the pending recession. It's like paracetamol, it dulls the pain but does not cure anything.

 

[oldgroaner]

No answer was the stern reply eh ?

Sent from my XT1032 using Tapatalk

 

[mike killay]

I am getting seriously concerned about security in this country.
We can see that France has admitted that its Police and Army are worn out with all the extra guarding duties and they need to recruit a 'Dad's Army 'of reservists.
So far, we have been relatively lucky in the UK, but our years of struggle with the IRA have surely taught us that you cannot prevent all outrages.
If the response from the politicians is to weaken the Police and also emergency medical attention ( the current battle with the Doctors), where are we going?