Ive absolutely no idea what your saying there Frenchie, but it sounds like you've got your head screwed on there lol.
These sort of political threads however, I stay well away from if I can help it.
Ive absolutely no idea what your saying there Frenchie, but it sounds like you've got your head screwed on there lol.
These sort of political threads however, I stay well away from if I can help it.
Last edited by Acido; 23-03-2018 at 10:56 PM.
No government no matter what your political views are could back De La Rue purely based on patriotic reasoning .
Of course we want to see UK companies succeed and successfully tender for contracts but if they can't deliver then what can you do .
UK management need to start performing with the scenarios that lay ahead post brexit , productivity needs to rise and tenders need to be won .
I’d like to keep Exile and the readers of Sun and DM.. (I’m one) happy, but I don’t want to pay any more for a bit of card and a photo than I have to.
Put my photo and name on a bank card and I could travel with that....
Why need a passport? In fact, I would agree to be microchipped, like a dog..... Why not ? Provided everyone enteringnEurooe does the same .......
There is a problem with productivity in the UK economy, but it’s ironic to see a TU man like yourself arguing for an increase. In a basic sense, productivity is calculated thus:
Productivity = Units of production/Number of workers.
It follows that to increase productivity the options are to increase output with the same number of workers or to maintain the level of production but with a reduced number of workers (or to increase production whilst reducing the number of workers – the capital owners preferred option). Given that demand (and hence the level of required production) is rarely under the control of the producer, the likely route to increased productivity is job losses – not the sort of thing I would expect to see you advocate, particularly as you support a party that favours the nationalisation of parts of the UK economy and the return of the bloated, overmanned, state owned monopolies of the past.
If Brexit operates to reduce the flow of labour into the UK then it may well be that business will be forced to try to maintain production on reduced staffing levels.
Wage stagnation will operate to reduce the level of demand in an economy in the short term, but the position isn’t the simplistic one that sometimes appears in these threads. Putting an additional sum of money in someone’s hand is of limited effect if it will be spent in an economy where the costs of production have been increased by that act of paying more. In other words, wage increases without an increase in productivity are merely inflationary. Perhaps of particular note for the purposes of this thread is that wage increases that increase the cost of production in this country will serve to make UK businesses uncompetitive in international markets.
As for the notion of investment to kick start business, the wheeze from Labour at the last election was to tax business to pay for their wish list of spending promises (including paying off the middle class with their tuition fees bribe). Do you think that would lead to investment – taking money out of business? It clearly wouldn’t.
The owners of capital expect a return upon it when they risk it in a business. If John McDonnell takes money away from them in increased corporate taxes, they will look to maintain their return by cutting costs (with cutting jobs being the easiest way), cutting capital investment and by becoming more tax efficient. When John takes enough, the companies that can will decide that moving their operations and tax base out of the country is the way forward.
Last edited by KerrAvon; 24-03-2018 at 07:53 AM.
See above. I agree that UK business needs to start to look to be more competitive ahead of Brexit, but you need to bear in mind that increased productivity and making more competitive tenders are going to create a burden that needs to be borne by more than management alone.