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made in britain...

245

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    we are the 6th largest manufacturing country
  • Kennyboy66
    Kennyboy66 Posts: 939 Forumite
    Really2 wrote: »
    Indeed, I know many go mad at thatcher but the above does show how uncompetative we would have been if we had carried on building everything.

    We can't compete on wages on cheap items. Most of the UK industry would have gone had we done nothing, IMHO embrasing service was a good move.

    The problem was that the policies that led to the pound being massively over-valued ($2.40) got rid of a huge swathe of good manufacturing as well as the bad.

    On the plus side, its hard to imagine much Japanese investment coming without the union law reforms. Without that its difficult to imagine any UK car industry at all.
    US housing: it's not a bubble - Moneyweek Dec 12, 2005
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Really2 wrote: »
    We have 1000 pocket sprung memory foam matresses in our house all UK made.

    How many do you need!?

    Stud.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    misskool wrote: »
    well, he's in a factory making suits: £1.50/hour in china, 6 working days. labour costs = £4 per suit

    Maybe someone should inform the Chinese proletariot that those suits are retailing for £100 in London :)
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • macaque_2
    macaque_2 Posts: 2,439 Forumite
    misskool wrote: »
    interesting spin, value versus volume.

    Moving the low-cost, high labour production to China where it's cheaper and the service industry which is high value and better paid for British worker. Only 20% of the retail price is paid in China, 80% of it stays in the UK.

    In the case of speciality chemicals, that is a fallacy. Chinese prices are no longer cheap, especially for high spec materials. The German Chemical market is booming.

    In recent years, UK chemical companies have focussed on blending imported chemicals (and making healthy margins for a few years). These companies are now faced with sourcing problems for the raw materials. They are also losing business to Indian and Chinese companies who are moving up the value chain. The UK chemical industry has now lost its critical mass. Trade shows, equipment companies, research facilities and service companies are all moving to where the action is.
  • globalds
    globalds Posts: 9,431 Forumite
    Graphene looks like the next big revolutionary leap for engineering and electronics .....Lets hope the UK can get a piece of that action.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Pimperne1 wrote: »
    We could probably "make" ...... tin, ... beer, farm produce,
    Lots of tin where I live, you just dig it out of the ground :)
    And they make beer and produce food round here.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    globalds wrote: »
    Graphene looks like the next big revolutionary leap for engineering and electronics .....Lets hope the UK can get a piece of that action.
    There's this stuff been found:
    http://www.southwestbusiness.co.uk/cornwall/Rare-expensive-element-South-Crofty/article-3200975-detail/article.html
    A RARE element used to make iPods, mobile phones and flat screen televisions has been discovered at South Crofty, potentially worth hundreds of millions of pounds.
    Indium is an important ingredient in the manufacture of touch-screen technology and a small amount is used to make every liquid crystal display screen, including laptops, digital clocks and GPS receivers.
  • Degenerate
    Degenerate Posts: 2,166 Forumite
    We manufacture chavs... but nobody's managed to tap into the export market for those yet.

    Kudos to Simon Cowell for at least making an attempt with Cheryl Cole.
  • Mr_Mumble
    Mr_Mumble Posts: 1,758 Forumite
    StevieJ wrote: »
    Maybe someone should inform the Chinese proletariot that those suits are retailing for £100 in London :)
    Chinese wages are going up by around 10% per annum in real terms (6% inflation, mid-teens wage increases) while British wages are falling 3% in real terms (2% wage inflation, 5% inflation). If I were Chinese I'd be pretty happy if this continues, whose children will be wealthier in a couple of decades? The Chinese!

    My worry isn't that that the Chinese have a competitive advantage over Britain now (no point Rory Mcllroy doing his own gardening if the kid down the road will do it for £50 per hour) but what happens when the Chinese worker makes similar wages to those in Britain and they still have an economic advantage because of better transport infrastructure, lower taxes, less burdensome regulation, cheaper energy costs and a higher skills base.
    "The state is the great fiction by which everybody seeks to live at the expense of everybody else." -- Frederic Bastiat, 1848.
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