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" Prove me wrong and say you care whilst on the income from having no loss of income... ![]() What do you mean? | |||
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"It's a shame, but I must say I've not found anything I want to buy in any of the affected retailers for a long time. I don't buy many clothes, but what few items I've sought (usually for my kids), Debenhams hasn't had what we need (eg tights for a girl age 3 - none in any style). I can go to Next and buy undies for him, various garments for my daughter and a Costa coffee for me, and browse homeware to make me want to redecorate (but never do). I don't fit in Topshop clothes and the last time I went in (with my very slim, short son), a) the prices were horrific, b) the clothing was horrific (for men) and c) the place was cluttered and bizarre. Debenhams used to be a solid place to shop - we bought 6x dresses for my bridesmaids there in 2009 and paid far less than any bridal shop for similar items. Honestly, I won't miss them now, but it's very sad for the staff. " Pretty much the same. If i just want something cheap and casual i will browse asda, or m and m sports, and if i fancy treating myself to a few branded items i go to an outlet village like cheshire oaks. | |||
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"Just shows the importance of getting this vaccine rolled out so things can start moving again" ![]() | |||
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" Prove me wrong and say you care whilst on the income from having no loss of income... ![]() You will probably find an x amount of the countries income hasn't changed. Yet another proportions has, either through redundancy, no work etc ... maybe the difference between attitudes. ![]() ![]() ![]() | |||
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"Just shows the importance of getting this vaccine rolled out so things can start moving again" Things won't be the same again. Some business models aren't going to work going forward. The high st is gone. WFH is going to be an option for more people, which will in turn have an effect on commercial rents. Its going to be a brave new world. | |||
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"Just shows the importance of getting this vaccine rolled out so things can start moving again Things won't be the same again. Some business models aren't going to work going forward. The high st is gone. WFH is going to be an option for more people, which will in turn have an effect on commercial rents. Its going to be a brave new world." Yes, things were already changing in some ways. | |||
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" Prove me wrong and say you care whilst on the income from having no loss of income... ![]() ![]() ![]() ![]() I admit I don't know the situation in other countries in detail. I'm not clear on what you mean in your second paragraph I'm afraid. What I will say is that we've got a lot of experience of being made redundant and being tipped overnight into a life on benefits from having an income that we could live on. We both know what the people who've lost their jobs, fear for their jobs and will lose their jobs in the coming months feel like and they have our heartfelt sympathy. Unfortunately sympathy doesn't pay the rent | |||
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"Just shows the importance of getting this vaccine rolled out so things can start moving again Things won't be the same again. Some business models aren't going to work going forward. The high st is gone. WFH is going to be an option for more people, which will in turn have an effect on commercial rents. Its going to be a brave new world." Yeah, as I said in an earlier post... a rethink is required and long overdue. Things won't be the same, but they can't become whatever they're going to become until the world starts moving again | |||
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" Prove me wrong and say you care whilst on the income from having no loss of income... ![]() ![]() ![]() ![]() Quite agree, was chatting to one my customers the other day, employs over a 100 but runs it old school as in walks around shop floor asking how there family are etc ... how can a person go from a half decent income to state benefits. Thats when you look into whats going on and why. | |||
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" Prove me wrong and say you care whilst on the income from having no loss of income... ![]() ![]() ![]() ![]() It's very difficult. If your friend found he couldn't pay 100 people's wages it would happen to them too though, regardless of whether he was interested in their families of not. What's going on is what's always gone on. The workforce is disposable, regardless of how big or small the company is. | |||
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" Prove me wrong and say you care whilst on the income from having no loss of income... ![]() ![]() ![]() ![]() Wrong, we are talking since March, thats a lot of income lost for a company of that size ... the government won't help no one in reality except those with contracts in the lodge. Hence what you find is those that are happy with lockdown are those whose income hasn't altered | |||
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" Prove me wrong and say you care whilst on the income from having no loss of income... ![]() ![]() ![]() ![]() I see what you're getting at now. If you're prepared to say I'm wrong without further discussion then there's not much point continuing | |||
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" Prove me wrong and say you care whilst on the income from having no loss of income... ![]() ![]() ![]() ![]() But both Arcadia and Debenhams were in trouble long before March | |||
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" Prove me wrong and say you care whilst on the income from having no loss of income... ![]() ![]() ![]() ![]() Who needs facts when you can insinuate that people who want to control the spread of the virus are uncaring? | |||
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"This will now be a slilery slope getting steper with more shops gone form town centres there is even less people going and so the decline will spiral down. If foot fall drops low enough more will close guess the test is Mc D in town centres closing..." MCD won’t be too bothered about town centre stores. They aren’t the ones that make the most money. | |||
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"I really think there'll need to be a rethink about what our town centres are for. Make an environment of low rates and rent for small local businesses, create spaces for leisure and recreation... the big High Street chains are unsustainable in this Internet shopping age. " You are right there the demise of the high street started with internet shopping and is only going to get worse. People dont need to leave their houses now not even for food eventually with high rents on retail properties and people happy to browse the internet for stuff going out to shop will become a thing of the past and future generations will wonder why people did it. apparently Debenhams could have been saved a while ago when they wanted to axe all but around 70 stores but could not get out of the existing leases on property they leased. | |||
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" Wrong, we are talking since March, thats a lot of income lost for a company of that size ... the government won't help no one in reality except those with contracts in the lodge. Hence what you find is those that are happy with lockdown are those whose income hasn't altered " We've explained that neither Debenhams nor Arcadia retailers have provided anything we've wanted/needed for a long time. One of us also had a reduced income from April to November due to our company trying to cut costs. We lost out financially. Yet, we are not concerned from a retail perspective. Of course, we're unhappy at the fate of the staff, but what should we do? Buy random crap from scruffy, ill designed shop floors and pay over the odds for it? Trawl these struggling retailers for the things we can't find and buy something else? The harsh reality for retail is that if you don't sell what people want, or fail to adapt quickly, you will disappear, just like innumerable other retailers. Woolies, et.al. | |||
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" Prove me wrong and say you care whilst on the income from having no loss of income... ![]() ![]() ![]() ![]() Never shut down reasonable debate if possible ![]() | |||
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" Prove me wrong and say you care whilst on the income from having no loss of income... ![]() ![]() ![]() ![]() Damn! I didn't factor that in did I? Really should know by now ![]() | |||
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"I really think there'll need to be a rethink about what our town centres are for. Make an environment of low rates and rent for small local businesses, create spaces for leisure and recreation... the big High Street chains are unsustainable in this Internet shopping age. You are right there the demise of the high street started with internet shopping and is only going to get worse. People dont need to leave their houses now not even for food eventually with high rents on retail properties and people happy to browse the internet for stuff going out to shop will become a thing of the past and future generations will wonder why people did it. apparently Debenhams could have been saved a while ago when they wanted to axe all but around 70 stores but could not get out of the existing leases on property they leased." Yes. That's what happened apparently | |||
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" Prove me wrong and say you care whilst on the income from having no loss of income... ![]() ![]() ![]() ![]() ![]() ![]() | |||
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" Wrong, we are talking since March, thats a lot of income lost for a company of that size ... the government won't help no one in reality except those with contracts in the lodge. Hence what you find is those that are happy with lockdown are those whose income hasn't altered We've explained that neither Debenhams nor Arcadia retailers have provided anything we've wanted/needed for a long time. One of us also had a reduced income from April to November due to our company trying to cut costs. We lost out financially. Yet, we are not concerned from a retail perspective. Of course, we're unhappy at the fate of the staff, but what should we do? Buy random crap from scruffy, ill designed shop floors and pay over the odds for it? Trawl these struggling retailers for the things we can't find and buy something else? The harsh reality for retail is that if you don't sell what people want, or fail to adapt quickly, you will disappear, just like innumerable other retailers. Woolies, et.al." Adapt for who? The market? You mean the customers have been forced to go online ... | |||
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" Wrong, we are talking since March, thats a lot of income lost for a company of that size ... the government won't help no one in reality except those with contracts in the lodge. Hence what you find is those that are happy with lockdown are those whose income hasn't altered We've explained that neither Debenhams nor Arcadia retailers have provided anything we've wanted/needed for a long time. One of us also had a reduced income from April to November due to our company trying to cut costs. We lost out financially. Yet, we are not concerned from a retail perspective. Of course, we're unhappy at the fate of the staff, but what should we do? Buy random crap from scruffy, ill designed shop floors and pay over the odds for it? Trawl these struggling retailers for the things we can't find and buy something else? The harsh reality for retail is that if you don't sell what people want, or fail to adapt quickly, you will disappear, just like innumerable other retailers. Woolies, et.al. Adapt for who? The market? You mean the customers have been forced to go online ..." Who forced consumers to go online in 2019 when it went into a CVA? Or when it made a record annual loss in 2018? | |||
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"have to agree with kinky , i know this post is in the virus forum but these companies were on this path long before covid, this wasnt debenhams first takeover/ rescue package and none of the arcadia group kept up with the online competitiors targeting their same customer base i have sympathy for the staff out of work in a difficult market but its the age of the internet and companies have to evolve to survive " Think you are right.. think covid was probally the nail in the coffin. And without mentioning the b word no one knows the effect that will have. | |||
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" Wrong, we are talking since March, thats a lot of income lost for a company of that size ... the government won't help no one in reality except those with contracts in the lodge. Hence what you find is those that are happy with lockdown are those whose income hasn't altered We've explained that neither Debenhams nor Arcadia retailers have provided anything we've wanted/needed for a long time. One of us also had a reduced income from April to November due to our company trying to cut costs. We lost out financially. Yet, we are not concerned from a retail perspective. Of course, we're unhappy at the fate of the staff, but what should we do? Buy random crap from scruffy, ill designed shop floors and pay over the odds for it? Trawl these struggling retailers for the things we can't find and buy something else? The harsh reality for retail is that if you don't sell what people want, or fail to adapt quickly, you will disappear, just like innumerable other retailers. Woolies, et.al. Adapt for who? The market? You mean the customers have been forced to go online ..." Again you're completely ignoring that both these groups were in trouble pre-Covid. Their failure to adapt predates this year's shit storm | |||
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"It is just another blow to our high streets and has a huge knock on effect. The Debenhams in Northampton is a right dump, there's been no investment in the building for years, it's a mess. I didn't realise they employed so many people ![]() Couldn’t agree with you more ..nothing worth going into our town for now .maybe that’s why I’ve not bothered going for a couple of years ![]() | |||
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"Debenham and Phillip green empire, gone in one day. Reality is the tax payer is picking up the bill ... Its a bad day, as other businesses depending on them, including the likes of the sandwich shop etc Prove me wrong and say you care whilst on the income from having no loss of income... ![]() They were hemorrhaging losses years ago not being able to keep up with the changes that internet buying was offering. It was on the cards, the pandemic restrictions just sped it up. In no way do I not feel their loss as I lost nearly everything in the first 5 months as a self employed sole trader that was overlooked and never received a penny from any of the furlough schemes. There have been far more self employed people go out of business, loss of jobs, livelihoods, having to sell up tools, vehicles and many even had banks confiscate anything they had. They were local business, owned by local people, paying local taxes and feeding into the local economy at all different levels, supporting other business including these bigger multiple corporate ones, which often evade paying their due taxes. Any job loss is a concern but one needs to adapt or get left behind. Our benefit system does help most, especially those who were employed and loose their jobs. We cannot expect everything to remain the same. We all have to adjust to change. | |||
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"Heres one for the boot philip green BHS went bust in April 2016, leaving a £571m pensions deficit. Sir Philip agreed a £363m cash settlement with the Pensions Regulator in 2017 to plug the gap in the BHS pension scheme to plug an estimated £350m funding shortfall. He said he would write to the Pensions Regulator on Monday to “underline the importance of securing the interests of pension Take his yaught or house and make him pay for it is my opinion weather in his name or family name They do it with crime time to do it with greed. " He also pays very little in tax and has still got his knighthood. | |||
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"Retail has always faced challenges in changing shopping behaviours. The current problems are deeply rooted. The rise of internet shopping has been a disruptive influence. Covid has just accelerated this and exposed the weakness in these giants. The tide of change cannot be held back. Village, town and city centres will be forever changed. But not all chains are suffering some are still making good profits. High street retail is now about a shopping experience and destination shopping. Boutique shops and empires that adapt and embrace change thrive. It’s all about leadership and flexibility. That is cold comfort to those now under threat of redundancy but retail is a harsh mistress and she does not take prisoners. " ![]() | |||
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"Just shows the importance of getting this vaccine rolled out so things can start moving again Things won't be the same again. Some business models aren't going to work going forward. The high st is gone. WFH is going to be an option for more people, which will in turn have an effect on commercial rents. Its going to be a brave new world." Which will have an effect on those nice little pensions we were all looking forward to. | |||
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" Which will have an effect on those nice little pensions we were all looking forward to." Speaking of which, I wonder if the Arcadia pension pot has gone the same way as the BHS one... | |||
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" Which will have an effect on those nice little pensions we were all looking forward to. Speaking of which, I wonder if the Arcadia pension pot has gone the same way as the BHS one... " Mega yachts in Monaco harbour don't buy themselves you know! | |||
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" Which will have an effect on those nice little pensions we were all looking forward to. Speaking of which, I wonder if the Arcadia pension pot has gone the same way as the BHS one... Mega yachts in Monaco harbour don't buy themselves you know!" I know - I tried that and ended up with a pedalo in Blackpool... ![]() | |||
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" Which will have an effect on those nice little pensions we were all looking forward to. Speaking of which, I wonder if the Arcadia pension pot has gone the same way as the BHS one... Mega yachts in Monaco harbour don't buy themselves you know! I know - I tried that and ended up with a pedalo in Blackpool... ![]() Gawd, I'd give my left arm for a pedalo in Blackpool. When I were a lad, all we had was a rubber ring in the public baths ![]() | |||
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" Mega yachts in Monaco harbour don't buy themselves you know! I know - I tried that and ended up with a pedalo in Blackpool... ![]() ![]() You had the public baths? You lucky lucky bastards... When I were a lad all we had was the local sewage works... ![]() | |||
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"I often read that the way to regenerate the high street is to deliver "an experience" that online cannot match or compare to. At home, you can sip a glass of whatever you fancy, and with a few clicks order what you want, then get on with other chores. Done in a few mins. + No trying to find a parking spot... not everyone drives, ans some live in city centres. I loved above a great Debenhams in Edinburgh’s rose street til I moved to Spain. + No horrendous parking charges... I’ll agree here + No crowds (and therefore Covid safe)... covid is new to this + No travelling to and from the shops... see your parking comment, ergo same point made twice + No "pavement" zombies... what are pavement zombies? A horrible way of referring to homeless? I hope I’ve misconstrued this! + No errant little folk misbehaving. Usually entitled parents with their spoiled crotch goblins, I’ll agree with you here. + No aggressive beggars/chuggers, is this not the same as your next point? Yes pickpockets etc are scum + No pickpockets or gangs of thugs, see above + No "Muzak" I love music. Muzak makes me think you’re adding personal annoyances... mine are jd sport/chav stores, and the type who shop there, but I still don’t feel the need to judge them despite my vernacular. + No bad weather... Caused by ships? + No rotten smells from the food stands...caused by shops? + No waiting in queues... If it’s a decent shop, it’s likely to be busy, but yes they should staff it more heavily in case folk might hate queuing for a few minutes! + No timewasting plodding all over town... some people dawdle, others strife like they’re running a marathon, hardly the fault id any shop. + No forgoing other things needing doing... if other things needing done are more important, why are you dawdling round topshop? + No petrol/diesel/electric required? Well, alongside parking costs I get that, but a couple of points down you were getting a bus? + No wear and tear on own vehicle... this happens wherever you go. Now decide if you’re drinking or getting the bus + No trip on bus smelling of wee... never got on a bus smelling of wee, that I know of at least. Still it’s cheaper than a car, petrol, parking, wear and tear etc, or do you just not like any transport? + No extortionate price for off-site food... eat before you go, problem solved + No public loos. Smelling of wee... pee before you leave the house,ans given you’re now not being forced by gunpoint to eat the greasy burger from the off site concession, you probably won’t need to pee:poo now + No impulse buying, better financial discipline... everyone is different I guess. I can go try clothes on and still not impulse buy what I can’t afford or justify On the negative side - No "experience" I'm not really sure what "experience" stores can offer to tempt shoppers in this day and age. "Naked Mud Wrestling" could be tempting, but Nah, you can get that online too. Allegedly. ![]() Seriously though, not everyone wants to shop online. I have big boobs and tend to find some stores don’t cater for that as they make larger dresses for example, for fat saggy boobs, where mine are just big. I am also quite short waisted, so will camel toe in some cuts of jeans and trousers, cos I have a small waist and a belly I feel truly sad that these shops are going, abs feel terrible for their staff. I have literally worked about 2 and a half weeks this year and earned less than €500. I’m lucky though as Ive been able to at least pay my rent... these guys losing their jobs, less than 4 weeks before Christmas, many who will have families to feed, just breaks my heart x | |||
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"Oh my god. My typos here are horrendous! I hope you can read what I’m actually trying to say hahaha ![]() Nope, just utter nonsense. ![]() | |||
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" Prove me wrong and say you care whilst on the income from having no loss of income... ![]() ![]() ![]() ![]() I lost an opportunity in March. Left me technically unemployed. I didn't whine, whinge or moan. I wasn't able to have any benifits. So I sorted the issue myself. I don't need a gov to pull me up. People have had to do this since the beginning of time. If we sit back saying the gov must look after us and feed us, then it's a self made problem. ![]() | |||
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"I am surprised that people seem to think a deterioration of the high street and gradual change of use over time would have had the same impact as a massive number of failures in a short period due to Covid. The majority of those employees will not be able to ‘retrain’ and can look forward to long term unemployment. While most people think lock downs have been necessary and may very well be right, few have any concept of just how many lives of children and adults will be severely impacted in the next decade. " why wont they be able to retrain? i used to work in retail, started open university in my spare time (free btw to low earning individuals) , am now a fully qualified chartered accountant (had to join a financial services company on the absolute bottom rung through a minimum wage agency temp job to get my foot in the door then prove myself) the ability to adapt and thrive is there for any of us if we take it... or we can resign ourselves to what has landed in our lap ... the choice is there to be made | |||
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"War has been declared on private business. Shops like Debenhams will be converted to small flatlets. People will live in towns. Access to countryside will be restricted. Food production will be reduced. The police have declared war on the general population. " have you forgotten to take your pills this morning? nobody has declared war on private business, and if they had it wouldn’t be the police doing it ![]() | |||
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"I am surprised that people seem to think a deterioration of the high street and gradual change of use over time would have had the same impact as a massive number of failures in a short period due to Covid. The majority of those employees will not be able to ‘retrain’ and can look forward to long term unemployment. While most people think lock downs have been necessary and may very well be right, few have any concept of just how many lives of children and adults will be severely impacted in the next decade. why wont they be able to retrain? i used to work in retail, started open university in my spare time (free btw to low earning individuals) , am now a fully qualified chartered accountant (had to join a financial services company on the absolute bottom rung through a minimum wage agency temp job to get my foot in the door then prove myself) the ability to adapt and thrive is there for any of us if we take it... or we can resign ourselves to what has landed in our lap ... the choice is there to be made " I don’t think every one of those tens of thousands of people will be able to survive on minimum wage for at least three years while working and studying full time. Just because you coped doesn’t mean everyone will. The issue is not that people cannot adapt it’s that so many people will not be able to adapt in such a short period as Covid job losses start to kick in | |||
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"The trouble with Debenhams is lack of consistency. The Chester Debenhams is fantastic and Chester won't be the same without it. The Liverpool One one was decent for cosmetics and lingerie but the clothing sections were poor. When I lived in Leicester though the Debenhams there was shocking. " I don’t think I have stepped inside a Debenhams in ages, I do all my shopping with them online.... the online part of the business is still going..... so absolutely worth your while starting looking | |||
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"The trouble with Debenhams is lack of consistency. The Chester Debenhams is fantastic and Chester won't be the same without it. The Liverpool One one was decent for cosmetics and lingerie but the clothing sections were poor. When I lived in Leicester though the Debenhams there was shocking. I don’t think I have stepped inside a Debenhams in ages, I do all my shopping with them online.... the online part of the business is still going..... so absolutely worth your while starting looking " And if you can stack a few discount codes ![]() | |||
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"I am surprised that people seem to think a deterioration of the high street and gradual change of use over time would have had the same impact as a massive number of failures in a short period due to Covid. The majority of those employees will not be able to ‘retrain’ and can look forward to long term unemployment. While most people think lock downs have been necessary and may very well be right, few have any concept of just how many lives of children and adults will be severely impacted in the next decade. why wont they be able to retrain? i used to work in retail, started open university in my spare time (free btw to low earning individuals) , am now a fully qualified chartered accountant (had to join a financial services company on the absolute bottom rung through a minimum wage agency temp job to get my foot in the door then prove myself) the ability to adapt and thrive is there for any of us if we take it... or we can resign ourselves to what has landed in our lap ... the choice is there to be made I don’t think every one of those tens of thousands of people will be able to survive on minimum wage for at least three years while working and studying full time. Just because you coped doesn’t mean everyone will. The issue is not that people cannot adapt it’s that so many people will not be able to adapt in such a short period as Covid job losses start to kick in " the reality is if they are being made redundant from retail they are most likely already on minimum wage ... and open university is part time study and only one example of how people can retrain i wasn’t saying my path is the right path for everyone ... my point is that when you look for problems you will find them, when you look for solutions you can find those too | |||
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"Think debt collector and Bailiff jobs will be a growth area for new jobs " And fishing and fruit picking will be good openings next year | |||
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"I wonder if we have passed peak “stuff” In other words, apart from the specific long standing problems with Debenhams and others, that a mass of the general population has realised that they have enough cheap “stuff” to last a lifetime. That the don’t get an endorphin rush from a ten quid t shirt any more. That they have enough photo frames, knife blocks etc. " ![]() | |||
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"monopoly price fixing to come. " As opposed to paying inflated "retail" prices which enable shops to be open 6 days a week all year when they do most of their trade on Saturday or in the runup to Christmas? All for the "experience" of sitting in traffic to get to an overpriced car park so you can walk around a dingy high street in the rain, or go to the covered shopping mall full of identikit chains. Then, once you get there you can speak to a sales assistant who knows less about the product you want to buy than you do. The high street is not for us, thanks. | |||
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"Oh my god. My typos here are horrendous! I hope you can read what I’m actually trying to say hahaha ![]() Something about big boobs and a camel toe... ![]() ![]() | |||
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"It's very sad for those working for Arcadia or Debenhams but in the same way that covid has largely targeted the old and fragile from a health point of view it is also doing the same with business. Topshop and Debenham have failed to move with the times and I think there time would have been up soon anyway. Hopefully covid will get people to support local stores in the future and in time we will see a revival of independent shops in the high street." Problem is the knock on effect on shopping malls as most people were there for that shop, then popped into others around it. Independent shops wont come back due to the rates and rent. Even the big outdoor markets/boot sales have struggled. | |||
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"It's very sad for those working for Arcadia or Debenhams but in the same way that covid has largely targeted the old and fragile from a health point of view it is also doing the same with business. Topshop and Debenham have failed to move with the times and I think there time would have been up soon anyway. Hopefully covid will get people to support local stores in the future and in time we will see a revival of independent shops in the high street. Problem is the knock on effect on shopping malls as most people were there for that shop, then popped into others around it. Independent shops wont come back due to the rates and rent. Even the big outdoor markets/boot sales have struggled. " ill bet you 5 times as many people were heading in for primark than were for debenhams or topshop | |||
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" Prove me wrong and say you care whilst on the income from having no loss of income... ![]() ![]() ![]() ![]() Surely we need to look at the benefits system in this case if no one can live on it it’s really not a benefit is it. Universal Credit single person allowance over 25 is £409 a month ..... how can anyone live on that? | |||
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"The unemployment projections for the UK are unreal compared to Europe. We are in for a very tough ride" Spain is actually the worst in Europe but U.K. not far behind | |||
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"The unemployment projections for the UK are unreal compared to Europe. We are in for a very tough ride Spain is actually the worst in Europe but U.K. not far behind " I hope so... Not in the source I'm using (sorry i can't share it, it's a briefing for work) | |||
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" Prove me wrong and say you care whilst on the income from having no loss of income... ![]() ![]() ![]() ![]() Over 2 Trillion in debt heading towards £2.8 and £45 billion needs to be cut per year unlikely benefits will rise | |||
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" Prove me wrong and say you care whilst on the income from having no loss of income... ![]() ![]() ![]() ![]() have you ever signed on? i have you get your rent and council tax payed so the 400 quid is for ya food and electric and gas.us it a shit amont yes it is.think the reason for that is so you stay on it for as little time as possible.certainly wrs in my case i find a job as soon as i can as i like having money in my pocket.may be a shit job but better than being on the dole why i look for something better | |||
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" Prove me wrong and say you care whilst on the income from having no loss of income... ![]() ![]() ![]() ![]() Abs if you have a mortgage (which a fair chunk of people being made redundant through covid have) you Get nothing. So no not everything is paid for if you have a mortgage. | |||
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" Prove me wrong and say you care whilst on the income from having no loss of income... ![]() ![]() ![]() ![]() no they dont pay your mortgage but im pretty sure they pay the intrest on your mortgage | |||
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" Prove me wrong and say you care whilst on the income from having no loss of income... ![]() ![]() ![]() ![]() No they don’t ... no housing allowance on universal credit legacy benefits used to at one point. | |||
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"its quite right that they shouldn’t pay your mortgage, its not an expense its capital expenditure that you walk away from with an asset any mortgage advisor worth their salt should be telling you to factor in the cost of mortgage protection insurance when you look at what you can afford to buy as well as being realistic about the possibility for interest rates to rise and how that would impact your finances payment holidays exist (although many people stupidly used them up while getting their furlough pay to have extra money in their pocket) and you can discuss with your lender extending the terms, redrawing back out etc to make it more affordable no reason the government should be paying peoples mortgages the extortionate rent prices that people find themselves trapped in the cycle of never being able to get out of on the other hand I think its totally right the government cover the cost while unemployed unless they want to provide more social housing instead " Universal credit doesn’t pay all rent ..... it pays the portion of what they deem is the appropriate rent for the area. In my area the max the gov pay leaves a £250 deficit a month compared to market rent. Considering the allowance for a single person. Is £409 if they use £250 to top up their housing element of the allowance that gives them £160 a month to live on ....... | |||
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"its quite right that they shouldn’t pay your mortgage, its not an expense its capital expenditure that you walk away from with an asset any mortgage advisor worth their salt should be telling you to factor in the cost of mortgage protection insurance when you look at what you can afford to buy as well as being realistic about the possibility for interest rates to rise and how that would impact your finances payment holidays exist (although many people stupidly used them up while getting their furlough pay to have extra money in their pocket) and you can discuss with your lender extending the terms, redrawing back out etc to make it more affordable no reason the government should be paying peoples mortgages the extortionate rent prices that people find themselves trapped in the cycle of never being able to get out of on the other hand I think its totally right the government cover the cost while unemployed unless they want to provide more social housing instead Universal credit doesn’t pay all rent ..... it pays the portion of what they deem is the appropriate rent for the area. In my area the max the gov pay leaves a £250 deficit a month compared to market rent. Considering the allowance for a single person. Is £409 if they use £250 to top up their housing element of the allowance that gives them £160 a month to live on ....... " i know, I’ve been there and had to top up my own rent... i would shop between 4 different supermarkets to get the things i knew were cheapest from each ( lets face it i had plenty time to stroll round them all) , i gave up my tv package and takeaways and any luxuries, i switched utility providers to get cheaper deals and did it through cash back websites to make a bit of money i applied for over 200 jobs in 3 months to make sure i got my butt back out the door earning again because it wasn’t a sustainable way of living... the people at the job centre looked at me like i had 2 heads when i came in every fortnight with a full booklet of jobs i had applied for because what they usually see is people who complete the bare minimum to receive payment ... that was when i had no qualifications and after 2008 crash when there was bugger all work going then either its not easy ... but its not supposed to be... its a helping hand till you get back on your feet , not a career choice which is exactly what it became in the 90s when a generation learned it was more profitable for people to stay home ... now the benefits package has changed and they are left unskilled, out of work too long, set in their way of life and left behind | |||
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"its quite right that they shouldn’t pay your mortgage, its not an expense its capital expenditure that you walk away from with an asset any mortgage advisor worth their salt should be telling you to factor in the cost of mortgage protection insurance when you look at what you can afford to buy as well as being realistic about the possibility for interest rates to rise and how that would impact your finances payment holidays exist (although many people stupidly used them up while getting their furlough pay to have extra money in their pocket) and you can discuss with your lender extending the terms, redrawing back out etc to make it more affordable no reason the government should be paying peoples mortgages the extortionate rent prices that people find themselves trapped in the cycle of never being able to get out of on the other hand I think its totally right the government cover the cost while unemployed unless they want to provide more social housing instead Universal credit doesn’t pay all rent ..... it pays the portion of what they deem is the appropriate rent for the area. In my area the max the gov pay leaves a £250 deficit a month compared to market rent. Considering the allowance for a single person. Is £409 if they use £250 to top up their housing element of the allowance that gives them £160 a month to live on ....... i know, I’ve been there and had to top up my own rent... i would shop between 4 different supermarkets to get the things i knew were cheapest from each ( lets face it i had plenty time to stroll round them all) , i gave up my tv package and takeaways and any luxuries, i switched utility providers to get cheaper deals and did it through cash back websites to make a bit of money i applied for over 200 jobs in 3 months to make sure i got my butt back out the door earning again because it wasn’t a sustainable way of living... the people at the job centre looked at me like i had 2 heads when i came in every fortnight with a full booklet of jobs i had applied for because what they usually see is people who complete the bare minimum to receive payment ... that was when i had no qualifications and after 2008 crash when there was bugger all work going then either its not easy ... but its not supposed to be... its a helping hand till you get back on your feet , not a career choice which is exactly what it became in the 90s when a generation learned it was more profitable for people to stay home ... now the benefits package has changed and they are left unskilled, out of work too long, set in their way of life and left behind " ![]() ![]() ![]() | |||
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"Oh you can always depend on Internet forums for a good bit of generalising." likewise for some rose tinted “everyone is downtrodden by the state and just trying their best” | |||
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"This will now be a slilery slope getting steper with more shops gone form town centres there is even less people going and so the decline will spiral down. If foot fall drops low enough more will close guess the test is Mc D in town centres closing..." People buying less petrol and diesel. Filling stations will close. As people buy less and less and are prevented by law from shopping and purchasing goods and services so gradually will the suppliers of these goods and services close their businesses. If an ultimate agenda is to depopulate the British Isles then less food will be required. Farmers can be ordered to produce less food. Countryside can be returned to wild life. Some countryside may even be put out of bounds to people. More and more we will see less shops. Less people less shops and services required. Fox hunting on Boxing Day may even be legalised again. | |||
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"Just shows the importance of getting this vaccine rolled out so things can start moving again Things won't be the same again. Some business models aren't going to work going forward. The high st is gone. WFH is going to be an option for more people, which will in turn have an effect on commercial rents. Its going to be a brave new world." WFH is not viable. Have you seen the size of the accommodation offered in modern build houses? Where do you put the wardrobe? | |||
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"Love the people who say ‘sorry for those who work in retail but...’! You think it doesn’t affect you but those high street stores are no longer paying rent, commercial property will fall in value meaning the funds your pension money is invest in will lose value. Those shops are no longer paying business rates, those people are no longer paying paye/nic so less tax is collected to pay benefits and pensions. ‘More jobs in construction’ you say! Not when the demand for commercial property falls off a cliff. More jobs at Amazon? They have already replaced shop workers with a website, are trialling delivery drones and those proud warehouse workers you see on tv will soon be automated. Oh and negative interest rates will make it harder to live in retirement. " The removal of this government must be looked at. They are causing avoidable disruption to the lives of the British populace. The politicians think they have all got tickets for a ride on the gravy train. They are in for a shock. This government must be dismantled. The Queen must use her powers for a coalition government to be formed. Without delay. Before the country sinks into anarchy. King Charles. I don't think so. A puppet Prime Minister. A puppet King. | |||
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"This will now be a slilery slope getting steper with more shops gone form town centres there is even less people going and so the decline will spiral down. If foot fall drops low enough more will close guess the test is Mc D in town centres closing... People buying less petrol and diesel. Filling stations will close. As people buy less and less and are prevented by law from shopping and purchasing goods and services so gradually will the suppliers of these goods and services close their businesses. If an ultimate agenda is to depopulate the British Isles then less food will be required. Farmers can be ordered to produce less food. Countryside can be returned to wild life. Some countryside may even be put out of bounds to people. More and more we will see less shops. Less people less shops and services required. Fox hunting on Boxing Day may even be legalised again. " Less shops, less chose, increased price, as the big firms get bigger and squeeze out the local shop... If you want the shop you have to use it ![]() | |||
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"Love the people who say ‘sorry for those who work in retail but...’! You think it doesn’t affect you but those high street stores are no longer paying rent, commercial property will fall in value meaning the funds your pension money is invest in will lose value. Those shops are no longer paying business rates, those people are no longer paying paye/nic so less tax is collected to pay benefits and pensions. ‘More jobs in construction’ you say! Not when the demand for commercial property falls off a cliff. More jobs at Amazon? They have already replaced shop workers with a website, are trialling delivery drones and those proud warehouse workers you see on tv will soon be automated. Oh and negative interest rates will make it harder to live in retirement. The removal of this government must be looked at. They are causing avoidable disruption to the lives of the British populace. The politicians think they have all got tickets for a ride on the gravy train. They are in for a shock. This government must be dismantled. The Queen must use her powers for a coalition government to be formed. Without delay. Before the country sinks into anarchy. King Charles. I don't think so. A puppet Prime Minister. A puppet King. " Can I have a pint of whatever it is you're on. | |||
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"Just shows the importance of getting this vaccine rolled out so things can start moving again Things won't be the same again. Some business models aren't going to work going forward. The high st is gone. WFH is going to be an option for more people, which will in turn have an effect on commercial rents. Its going to be a brave new world. WFH is not viable. Have you seen the size of the accommodation offered in modern build houses? Where do you put the wardrobe?" incase you haven’t noticed your work don’t care what your home situation is ... they will send you a desk and chair not caring if you have space for it and thats them done their bit as far as health and safety goes no way big offices which are just a drain in rent and utilities will return when that cost can all be pushed onto employees | |||
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"This will now be a slilery slope getting steper with more shops gone form town centres there is even less people going and so the decline will spiral down. If foot fall drops low enough more will close guess the test is Mc D in town centres closing... People buying less petrol and diesel. Filling stations will close. As people buy less and less and are prevented by law from shopping and purchasing goods and services so gradually will the suppliers of these goods and services close their businesses. If an ultimate agenda is to depopulate the British Isles then less food will be required. Farmers can be ordered to produce less food. Countryside can be returned to wild life. Some countryside may even be put out of bounds to people. More and more we will see less shops. Less people less shops and services required. Fox hunting on Boxing Day may even be legalised again. " Can you explain why reducing what we buy, reducing fuel purchase, reducing what we consume etc etc is a bad thing? | |||
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"Does there need to be a general rethink anyway? We tend to buy stuff we don't need and of dubious origin. Fashion is fun but is it worth the environmental cost? With electronics we have built in obsolescence, nothing lasts and everything is disposable. It either breaks or is no longer cool. How many of the houses built today will still be standing in 100 years time? Give me a victorian built house anyday." This ^^^^ Although I don’t think it will happen, people, particularly women will always like shopping. But if the Victorian’s could see the flimsy quality of almost everything we buy today they would be shocked. | |||
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"Would these Companies had a better chance if profits had been reinvested into the business, rather than the max extracted as dividends every year. He basically asset stripped Debenhams, what he did to the pension fund was outrageous. " And is still a knight of the realm. | |||
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"Its a bloody joke people will be losing more than their jobs businesses lively hood homes All because the government trying to act like doing something Look at china up and running And it will come to a point where the money this government is borrowing will not be paid back in 100 years " The government should borrow/print! to create green jobs, otherwise the economy will just keep shrinking and the debt will expand as a proportion of GDP. Can anyone explain how else we get out of the situation and reduce the size of the debt by not borrowing/printing and cutting government spending, i.e public sector and infrastructure spending? | |||
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"Its a bloody joke people will be losing more than their jobs businesses lively hood homes All because the government trying to act like doing something Look at china up and running And it will come to a point where the money this government is borrowing will not be paid back in 100 years The government should borrow/print! to create green jobs, otherwise the economy will just keep shrinking and the debt will expand as a proportion of GDP. Can anyone explain how else we get out of the situation and reduce the size of the debt by not borrowing/printing and cutting government spending, i.e public sector and infrastructure spending? " Public sector spending will probally be cut even further.. if they can find anywhere to cut. | |||
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"Its a bloody joke people will be losing more than their jobs businesses lively hood homes All because the government trying to act like doing something Look at china up and running And it will come to a point where the money this government is borrowing will not be paid back in 100 years The government should borrow/print! to create green jobs, otherwise the economy will just keep shrinking and the debt will expand as a proportion of GDP. Can anyone explain how else we get out of the situation and reduce the size of the debt by not borrowing/printing and cutting government spending, i.e public sector and infrastructure spending? " Money will be printed world wide Some declared some not Then inflation It appears the money so far printed is going towards inflating house prices ![]() ![]() | |||
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"Its a bloody joke people will be losing more than their jobs businesses lively hood homes All because the government trying to act like doing something Look at china up and running And it will come to a point where the money this government is borrowing will not be paid back in 100 years The government should borrow/print! to create green jobs, otherwise the economy will just keep shrinking and the debt will expand as a proportion of GDP. Can anyone explain how else we get out of the situation and reduce the size of the debt by not borrowing/printing and cutting government spending, i.e public sector and infrastructure spending? " It’s generally a really bad idea to try and grow while simultaneously cutting costs, you need to capacity building projects like HS2, leverage low interest rates and incentivise investment, that’s the way out | |||
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"There are similarities in retail with the coal industry in the 80s. The business models were already in decline but events pushed that decline into overdrive. Every solution offered only addresses they symptoms and nearly all would require tax payer input. Let them go to the wall - tax payer ends up paying benefits to the unemployed Remove business taxes and rates - tax payer will have to pay more to cover the loss in government revenues Government nationalise the businesses and run them at a loss - more tax payer money. But no intervention can address market behaviour, it sad but as has already been said those businesses models in decline with debt will be hardest hit. Other businesses will survive and do well in future years. Others went earlier, woolworths, hmv etc. " Let's face it the 80's strategy did not work, there has been no trickle down. Industries that could have survived and prospered with state investment also were let to go to the Wall. Also inflation was not killed it just shifted into assets and capitol Housing being the prime example. I see no example of a major economy that has cut its way out of this sort of thing. Does anyone have an example? But there is an example of the USA exiting the great depression as a result of massive government spending. Without it resulting in hyperinflation. | |||
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"There are similarities in retail with the coal industry in the 80s. The business models were already in decline but events pushed that decline into overdrive. Every solution offered only addresses they symptoms and nearly all would require tax payer input. Let them go to the wall - tax payer ends up paying benefits to the unemployed Remove business taxes and rates - tax payer will have to pay more to cover the loss in government revenues Government nationalise the businesses and run them at a loss - more tax payer money. But no intervention can address market behaviour, it sad but as has already been said those businesses models in decline with debt will be hardest hit. Other businesses will survive and do well in future years. Others went earlier, woolworths, hmv etc. " Why does an sector that's been nationalised automatically run at a loss,? | |||
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"There are similarities in retail with the coal industry in the 80s. The business models were already in decline but events pushed that decline into overdrive. Every solution offered only addresses they symptoms and nearly all would require tax payer input. Let them go to the wall - tax payer ends up paying benefits to the unemployed Remove business taxes and rates - tax payer will have to pay more to cover the loss in government revenues Government nationalise the businesses and run them at a loss - more tax payer money. But no intervention can address market behaviour, it sad but as has already been said those businesses models in decline with debt will be hardest hit. Other businesses will survive and do well in future years. Others went earlier, woolworths, hmv etc. Let's face it the 80's strategy did not work, there has been no trickle down. Industries that could have survived and prospered with state investment also were let to go to the Wall. Also inflation was not killed it just shifted into assets and capitol Housing being the prime example. I see no example of a major economy that has cut its way out of this sort of thing. Does anyone have an example? But there is an example of the USA exiting the great depression as a result of massive government spending. Without it resulting in hyperinflation. " Ayrsterity was a massive failure. So they are trying it again. | |||
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"Its a bloody joke people will be losing more than their jobs businesses lively hood homes All because the government trying to act like doing something Look at china up and running And it will come to a point where the money this government is borrowing will not be paid back in 100 years The government should borrow/print! to create green jobs, otherwise the economy will just keep shrinking and the debt will expand as a proportion of GDP. Can anyone explain how else we get out of the situation and reduce the size of the debt by not borrowing/printing and cutting government spending, i.e public sector and infrastructure spending? It’s generally a really bad idea to try and grow while simultaneously cutting costs, you need to capacity building projects like HS2, leverage low interest rates and incentivise investment, that’s the way out " I agree as far as I understand if you can grow the economy you create capacity for the printed money to expand into and you grow gdp which will also counter act the proportion of the debt as a percentage of gdp. Also if you can run inflation at a rate that pay rises can keep pace you will eat the debt up this way also. Why are the government ideologically opposed to this, surely its win, win, win. Unless you're interests are in inflating assets hording them and extracting rent from them. ?? | |||
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"There are similarities in retail with the coal industry in the 80s. The business models were already in decline but events pushed that decline into overdrive. Every solution offered only addresses they symptoms and nearly all would require tax payer input. Let them go to the wall - tax payer ends up paying benefits to the unemployed Remove business taxes and rates - tax payer will have to pay more to cover the loss in government revenues Government nationalise the businesses and run them at a loss - more tax payer money. But no intervention can address market behaviour, it sad but as has already been said those businesses models in decline with debt will be hardest hit. Other businesses will survive and do well in future years. Others went earlier, woolworths, hmv etc. Why does an sector that's been nationalised automatically run at a loss,?" I did not say that, but these businesses are already running at a loss. The question should be reversed. Why would nationalising retail turn a loss making industry into a profitable one? Why would nationalising footfall retail prevent the market continuing to buy online in greater numbers? | |||
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"There are similarities in retail with the coal industry in the 80s. The business models were already in decline but events pushed that decline into overdrive. Every solution offered only addresses they symptoms and nearly all would require tax payer input. Let them go to the wall - tax payer ends up paying benefits to the unemployed Remove business taxes and rates - tax payer will have to pay more to cover the loss in government revenues Government nationalise the businesses and run them at a loss - more tax payer money. But no intervention can address market behaviour, it sad but as has already been said those businesses models in decline with debt will be hardest hit. Other businesses will survive and do well in future years. Others went earlier, woolworths, hmv etc. Let's face it the 80's strategy did not work, there has been no trickle down. Industries that could have survived and prospered with state investment also were let to go to the Wall. Also inflation was not killed it just shifted into assets and capitol Housing being the prime example. I see no example of a major economy that has cut its way out of this sort of thing. Does anyone have an example? But there is an example of the USA exiting the great depression as a result of massive government spending. Without it resulting in hyperinflation. Ayrsterity was a massive failure. So they are trying it again." You could not make it up, can't believe so much of the electorate still believe in the crap they get fed about austerity. A lot of people can't even distinguish the difference between the debt and the deficit. | |||
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"There are similarities in retail with the coal industry in the 80s. The business models were already in decline but events pushed that decline into overdrive. Every solution offered only addresses they symptoms and nearly all would require tax payer input. Let them go to the wall - tax payer ends up paying benefits to the unemployed Remove business taxes and rates - tax payer will have to pay more to cover the loss in government revenues Government nationalise the businesses and run them at a loss - more tax payer money. But no intervention can address market behaviour, it sad but as has already been said those businesses models in decline with debt will be hardest hit. Other businesses will survive and do well in future years. Others went earlier, woolworths, hmv etc. Why does an sector that's been nationalised automatically run at a loss,? I did not say that, but these businesses are already running at a loss. The question should be reversed. Why would nationalising retail turn a loss making industry into a profitable one? Why would nationalising footfall retail prevent the market continuing to buy online in greater numbers? " Ah ok. Yep the retail sector and high street do seem to be running on empty..the internet has seen to that . | |||
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"There are similarities in retail with the coal industry in the 80s. The business models were already in decline but events pushed that decline into overdrive. Every solution offered only addresses they symptoms and nearly all would require tax payer input. Let them go to the wall - tax payer ends up paying benefits to the unemployed Remove business taxes and rates - tax payer will have to pay more to cover the loss in government revenues Government nationalise the businesses and run them at a loss - more tax payer money. But no intervention can address market behaviour, it sad but as has already been said those businesses models in decline with debt will be hardest hit. Other businesses will survive and do well in future years. Others went earlier, woolworths, hmv etc. Let's face it the 80's strategy did not work, there has been no trickle down. Industries that could have survived and prospered with state investment also were let to go to the Wall. Also inflation was not killed it just shifted into assets and capitol Housing being the prime example. I see no example of a major economy that has cut its way out of this sort of thing. Does anyone have an example? But there is an example of the USA exiting the great depression as a result of massive government spending. Without it resulting in hyperinflation. Ayrsterity was a massive failure. So they are trying it again. You could not make it up, can't believe so much of the electorate still believe in the crap they get fed about austerity. A lot of people can't even distinguish the difference between the debt and the deficit. " So austerity was a success? | |||
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"There are similarities in retail with the coal industry in the 80s. The business models were already in decline but events pushed that decline into overdrive. Every solution offered only addresses they symptoms and nearly all would require tax payer input. Let them go to the wall - tax payer ends up paying benefits to the unemployed Remove business taxes and rates - tax payer will have to pay more to cover the loss in government revenues Government nationalise the businesses and run them at a loss - more tax payer money. But no intervention can address market behaviour, it sad but as has already been said those businesses models in decline with debt will be hardest hit. Other businesses will survive and do well in future years. Others went earlier, woolworths, hmv etc. Let's face it the 80's strategy did not work, there has been no trickle down. Industries that could have survived and prospered with state investment also were let to go to the Wall. Also inflation was not killed it just shifted into assets and capitol Housing being the prime example. I see no example of a major economy that has cut its way out of this sort of thing. Does anyone have an example? But there is an example of the USA exiting the great depression as a result of massive government spending. Without it resulting in hyperinflation. Ayrsterity was a massive failure. So they are trying it again. You could not make it up, can't believe so much of the electorate still believe in the crap they get fed about austerity. A lot of people can't even distinguish the difference between the debt and the deficit. So austerity was a success?" Clearly not, and never has it been so throughout modern history. | |||
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" So austerity was a success?" Unless you have a time machine and can bend alternate realities then it is impossible to say. The popular thing to say is no, but had spending increased so would have government debt. Government debt is a tax on future generations, so if debt had been even higher would the government furlough scheme last year have been as large or would it have been tappered back. A government can only borrow so much until lends say hold on a minute. Government or social spending is nessary to run a well ordered society. But too much government spending suppresses the flow of money through an economy making it less competitive. Then you include factors like brexit and printing money (quantitative easing) and it is impossible to know which macro economic factors are pushing or pulling an economy. Personally I'm not a fan of debt and socially it seems strange to borrow from our grandkids. But I get that some debt is nessary for large investments. | |||
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" So austerity was a success? Unless you have a time machine and can bend alternate realities then it is impossible to say. The popular thing to say is no, but had spending increased so would have government debt. Government debt is a tax on future generations, so if debt had been even higher would the government furlough scheme last year have been as large or would it have been tappered back. A government can only borrow so much until lends say hold on a minute. Government or social spending is nessary to run a well ordered society. But too much government spending suppresses the flow of money through an economy making it less competitive. Then you include factors like brexit and printing money (quantitative easing) and it is impossible to know which macro economic factors are pushing or pulling an economy. Personally I'm not a fan of debt and socially it seems strange to borrow from our grandkids. But I get that some debt is nessary for large investments. " Well the economy certainly didnt flourish..that's a cert And surely there are other factors like the impact on society? | |||
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"Debenham and Phillip green empire, gone in one day. Reality is the tax payer is picking up the bill ... Its a bad day, as other businesses depending on them, including the likes of the sandwich shop etc Prove me wrong and say you care whilst on the income from having no loss of income... ![]() Many of these companies where on the brink anyway,and let's be totally honest the country wasn't exactly doing well from a high street retail point of view long before covid. OP trying to say people don't care just because they are working is such a frankly silly and childish attitude. Of course people care, but what am I supposed to do? Here's my job I'll go on the dole? The pandemic is non of our faults and everyone is doing what they can to survive physically, psychologically and financially. I works hard and have done for 37years and shouldn't feel guilty about working hard and earning a salary. Of course I feel for people who have lost everything. But if you want to get deep and heavy we are all responsible for the state of retail no one force's us to order stuff online (pre covid) we all chose to abandon going shopping in favour of online. Yes there's always going to be the exception people who say they don't buy online but fact is majority do. So if we all want to do our bit,once things return to normal we all make extra effort to get out and buy stuff in actual shop's. | |||
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"Does there need to be a general rethink anyway? We tend to buy stuff we don't need and of dubious origin. Fashion is fun but is it worth the environmental cost? With electronics we have built in obsolescence, nothing lasts and everything is disposable. It either breaks or is no longer cool. How many of the houses built today will still be standing in 100 years time? Give me a victorian built house anyday. This ^^^^ Although I don’t think it will happen, people, particularly women will always like shopping. But if the Victorian’s could see the flimsy quality of almost everything we buy today they would be shocked. " ![]() ![]() ![]() ![]() ![]() ![]() | |||
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"Debenham and Phillip green empire, gone in one day. Reality is the tax payer is picking up the bill ... Its a bad day, as other businesses depending on them, including the likes of the sandwich shop etc Prove me wrong and say you care whilst on the income from having no loss of income... ![]() Theo Papitis was saying last week, that the pandemic has brought forward the rise of online shopping by 5 years. | |||
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"Debenham and Phillip green empire, gone in one day. Reality is the tax payer is picking up the bill ... Its a bad day, as other businesses depending on them, including the likes of the sandwich shop etc Prove me wrong and say you care whilst on the income from having no loss of income... ![]() That fucker Green will be sat on his Yacht Lionheart he should re-name it no fucking heart | |||
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" So if we all want to do our bit,once things return to normal we all make extra effort to get out and buy stuff in actual shop's." That’s just wishful thinking.... not rooted in any sense of reality. The internet offers a convenience without having to leave your house and for many that’s why the rise has been so dramatic. Many companies offering free delivery and returns you have no travel costs, exorbitant parking costs plus the struggle to find parking places. The high street will change in my view to boutique and destination shopping that will provide an experience not achievable online... Chains will evolve in to showcases for there products and also act as local delivery hubs. There will be winners and losers in this rapidly changing retail environment. If you embrace the change and adapt these companies are likely to survive. Or you could be like Philip Green and be blind to the approaching online shopping storm. | |||
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"Debenham and Phillip green empire, gone in one day. Reality is the tax payer is picking up the bill ... Its a bad day, as other businesses depending on them, including the likes of the sandwich shop etc Prove me wrong and say you care whilst on the income from having no loss of income... ![]() It is a very credible fear for many high street retailers who have no or little online presence. It's not something that will stop. It's a natural evolutionary process in many ways. I think businesses and therefore economies are at a crossroads. If many just keep doing what they have and they may well die off. Big changes for good can happen if people changed their buying behaviours and targeted local businesses even if a bit more expensive, but the likelihood of that happening with our mindset of bargain hunting is slim. | |||
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"It is just another blow to our high streets and has a huge knock on effect. The Debenhams in Northampton is a right dump, there's been no investment in the building for years, it's a mess. I didn't realise they employed so many people ![]() You are forgetting the businesses that supply Debenhams, also the businesses that Debenhams uses for things like deliveries, etc. | |||
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"I really think there'll need to be a rethink about what our town centres are for. Make an environment of low rates and rent for small local businesses, create spaces for leisure and recreation... the big High Street chains are unsustainable in this Internet shopping age. " But Debenhams wanted you to shop online, everytime I went in I was told thay had it online. I joked to them that they are putting themselves out of a job, never thought it would actually happen. | |||
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"I really think there'll need to be a rethink about what our town centres are for. Make an environment of low rates and rent for small local businesses, create spaces for leisure and recreation... the big High Street chains are unsustainable in this Internet shopping age. But Debenhams wanted you to shop online, everytime I went in I was told thay had it online. I joked to them that they are putting themselves out of a job, never thought it would actually happen. " It It what it is and lasted to long with massive shops with falling foot fall the ones by be looked un lept. Damp marks tape on the floor. | |||
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