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  1. #11
    Established TDF Member Chrisch's Avatar
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    Quote Originally Posted by jamesp View Post
    So brown followed the tory scum budget for his first two years, before ditching the balance the books approach and then set deficit budgets year on year.
    Again to be fair (this hurts me you know ) Blair (Mrs T's greatest achievement as she said) promised to follow the Tory spend/tax for that period in order not to frighten the Telegraph readers.

    For once a politician kept their promise.

    Blair/Brown ran a surplus in 2004 for which they were roundly criticised by the banks as there were not enough gilts for them to buy. It was the last time the UK saw a surplus on the current account. It is a little known fact but the Tories have (ever since WW2) spent more and borrowed more than the Labour administration they replaced. Osborne/Cameron imposed so called austerity but nevertheless doubled public debt. Much of this spend is corruption with this misspending and theft being the reason Major was knocked out of power.

    I don't like the Labour party very much - if at all really - but they generally get the clean-up job if one is fair to them. Like you I had to hold my nose voting for them last time but in the face of the current thieves I saw no option. Hopefully I will not ever have to do that again.
    We give 350m a week to the EU. Let's give it to Dido Harding instead.

  2. #12
    Established TDF Member jamesp's Avatar
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    One from this morning,

    https://www.bbc.co.uk/news/business-57973962

    So a little bit less shortly.

    It has long puzzled me why Bae, has not de-listed on the FTSE and re listed in the USA.

  3. #13
    Established TDF Member Chrisch's Avatar
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    Quote Originally Posted by jamesp View Post
    ....
    It has long puzzled me why Bae, has not de-listed on the FTSE and re listed in the USA.
    Part of the financial reforms of the 90s (IIRC) was the ability to list on either exchange for companies that are in both markets. Barclays for example is also traded/listed on Wall St. It is a feature of globalisation.
    We give 350m a week to the EU. Let's give it to Dido Harding instead.

  4. #14
    Established TDF Member steelemonkey's Avatar
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    Quote Originally Posted by Steve Clark View Post
    T J Morris Ltd - AKA Home Bargains

    Owned by Tom Morris. Still a private company after 45 years. 2,700 million turnover, 500 shops, 22,000 staff.

    No issues when our accountant ran a credit check. lol. Cash & cash equivalents on hand - 300m
    Shame they probably sell mostly chinese products.
    Paul.
    If God had meant us to breathe underwater, he would have given us larger bank balances.
    Human beings were invented by water as a means of moving itself from one place to another.

  5. #15
    Established TDF Member Chrisch's Avatar
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    We give 350m a week to the EU. Let's give it to Dido Harding instead.

  6. #16
    Hail the Children of LLyr
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    Quote Originally Posted by steelemonkey View Post
    Shame they probably sell mostly chinese products.
    I was getting really cheesed off at the local Wildlife Trust for the amount of Chinese made low quality goods they were selling in their shop at the HQ centre. Jalf the stuff was delivered falling apart and we were asked to fix it. The explanation was that the shops were 'commercial' and had to make a profit. It didn't work.
    "...are we human, or are we diver?"

  7. #17
    Established TDF Member Steve Clark's Avatar
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    Quote Originally Posted by steelemonkey View Post
    Shame they probably sell mostly chinese products.
    Yes, but they are clearly not daft. If it makes economic sense to buy in the U.K. then they will. I imagine all the bulk, heavy stuff like sweets, shampoo, beans and pop are all made in the U.K.

  8. #18
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    The company that makes Henry vacuum cleaners, called something like Numatic, still owned by the founder and manufactures in the UK (they also make industrial cleaning equipment)

  9. #19
    Established TDF Member jamesp's Avatar
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    Quote Originally Posted by barnaby_s View Post
    The company that makes Henry vacuum cleaners, called something like Numatic, still owned by the founder and manufactures in the UK (they also make industrial cleaning equipment)
    True, but a 10million turnover, whilst not to be sneezed at; would only put it on a par with one of the four major supermarket stores in my town.
    There again, I can only think of two local businesses, ignoring JCB, that might be 10million turnover, and UK owned, although one has just had a private investment firm buy in.

  10. #20
    Established TDF Member jamesp's Avatar
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    Here`s a giggle, The MOD just nationalised Sheffield Forgemasters.

    https://www.bbc.co.uk/news/uk-englan...shire-57997858


 
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