Foreign money pouring in!

olly300

ManAtHome wrote: »

If you want serious...

Makes you wonder why stores don't flog stuff at 50-70% off all year round
Answer - they go bust

It's survival of the fittest (them with most cash) at the moment in a desperate scramble to get the punter's quid before everyone else. Same happened in the early 90s - name of the game is to hang on longer than the competitors, then ease prices up as choice is reduced.

The really "good" news - I remember the 70s when Scandinavians were raiding M&S in Newcastle while the rest of us were putting up with 20% inflation and power cuts...

Least it kept M&S staff off the dole queues.

ruggedtoast

Dont forget amazon.co.uk. Suddenly online shopping is absurdly cheap for europeans shipping from the UK.

Its a sticking plaster though. Sterlings descent into junk currency is a symptom of systemic economic failure, not a panacea. The majority of people employed in retail arent going to be saved because Gabriella from Milan is buying Gucci in Oxford Street, or Jochen from Stuttgart ordered a plasma screen off John Lewis's website, never mind most of this stuff is imported in the first place.

Brown doesnt know what to do.

neverdespairgirl

the pics of Oxford Street on Boxing Day did seem to feature entirely non-white shoppers.

I suppose it will produce something of a boost to the local economy, as some of the visitors will also be staying in hotels, eating out, etc.

I gather shops in the north of the Irish Republic are complaining like mad because all their customers have nipped over into N Ireland to do their shopping.

MiserlyMartin

PolishBigSpender wrote: »

Please, quit with the racist nonsense.

There was absolutely nothing racist about that post, its over reactions like yours that mean that when actual real racism happens it is ignored, you are devaluing the term.

bo drinker was purely pointing out a fact and you go off on an anti daily mail reader rant!

MiserlyMartin

bo_drinker wrote: »

It won't make up for 10% of the money that has been p1ssing out of the country for years through all the Eastern Europeans working here living 10 to a house and sending the largest part of their wages back home..... :mad: :mad: :mad:

Not to mention all the child benefit that goes back there too. Now the pound is worth f*** all, its not the money spinner it was. In fact it is probably an idea for Brits to go and work in France because their minimum wage is quite a bit higher than ours now!

olly300

neverdespairgirl wrote: »

the pics of Oxford Street on Boxing Day did seem to feature entirely non-white shoppers.

What I found interesting with the TV clips was that they shown non-white shoppers when they were showing their short bulletins but when they were showing the main news the majority of the shoppers they filmed where white.

Plus when they talked to some of the ethnic shoppers they all had London or English accents.

neverdespairgirl wrote: »

I suppose it will produce something of a boost to the local economy, as some of the visitors will also be staying in hotels, eating out, etc.

So unfortunately I suspect media manipulation on hand again to convince people that foreigners have come here to shop because of the weak pound.

neverdespairgirl wrote: »

I gather shops in the north of the Irish Republic are complaining like mad because all their customers have nipped over into N Ireland to do their shopping.

I have only heard new reports from the N. Ireland side. And while they are happy in the short term lots of them are worried as before when the pound was strong people use to nip over to Ireland if it worked out cheaper.

olly300

MiserlyMartin wrote: »

Not to mention all the child benefit that goes back there too. Now the pound is worth f*** all, its not the money spinner it was. In fact it is probably an idea for Brits to go and work in France because their minimum wage is quite a bit higher than ours now!

You are actually displaying your ignorance.

If you knew anything about French taxation and French labour laws you wouldn't be saying this. If you wanted to go and work in a country in Europe, France is one country to avoid.

Plus the Eastern Europeans who come from countries that are part of the EU are actually breaking no law in what they claim - the problem is with the UK government.

The stories you hear about the benefit scroungers are the same as you hear about British people claiming and taking more than they are entitled to. However as the people claiming the benefits are foreign you are more likely to hear about them in the media.

MiserlyMartin

Tell that to my friend who worked out there when it was 1.5 EUR to the £. Now its happy days. As long as you aren't expecting to earn over 25,000 EUR you won't be paying the 30% tax. They are seriously thinking of going back there.

Now I never suggested that any of the foreign workers were breaking any laws and claiming anything that they were not allowed to but thanks for highlighting that problem - I had forgotten about that. You are right about it being in the news more than the UK's home grown scroungers, that is because people are fed up of the currents governments free for all policy on immigration and lack of control regarding the benefits and most other things relating to it.

p1an0player

PolishBigSpender wrote: »

It's highly unlikely that most of us will claim back the tax and NI despite being in a position to do so - so the money is staying in the UK government's pockets.

If you could you would and should!
but you can't (except emergency tax)

p1an0player

olly300 wrote: »

If you knew anything about French taxation and French labour laws you wouldn't be saying this. If you wanted to go and work in a country in Europe, France is one country to avoid.

My understanding is that their labour laws are very good for the employee, once you manage to get a job. I think their system favours low earners as well (tax credit equivalents are available)