UK car production boosted by record exports

tartanterra

http://www.bbc.co.uk/news/business-16627261

Car production in the UK rose by 5.8% in 2011, industry figures show.

The Society of Motor Manufacturers and Traders (SMMT) said manufacturing had ended the year with a 1.6% rise in December, producing a total of 1,343,810 vehicles in the year.

The SMMT said record exports had been the main driver of growth, with more than 80% of vehicles exported.

So it's not all doom and gloom. Well done British Manufacturing.


And it's not as bad in the high street as many on here seem to relish:

http://www.bbc.co.uk/news/business-16626049

Primark owner AB Foods sees strong sales

Associated British Foods has reported a 12% rise in total sales in the 16 weeks to 7 January, thanks to "exceptional" performances at its sugar division and at discount fashion chain Primark.

The group, which sells Silver Spoon sugar, said higher prices and higher production levels meant that total revenues from sugar rose 21%.

Revenues at Primark increased by 16%.

http://www.bbc.co.uk/news/business-16624340

Most former Woolworths stores re-let, report says

The majority of stores once belonging to defunct retailer Woolworths have now been re-let, according to research.

Just over three years after the High Street giant's demise, 703 of its 807 stores - 87% - are re-occupied, said a report by the Local Data Company (LDC).

And abroad? A bit of good news there as well for a combined British/Australian company:

http://www.bbc.co.uk/news/business-16607253

BHP eyes record iron ore output despite global concerns

BHP Billiton has said it expects record iron ore production in the current financial year despite concerns of a slowdown in the global economy.

The forecast comes as BHP reported a 22% increase in iron ore output in the three months to the end of December.

The data comes just a day after rival Rio Tinto reported record iron ore production during the same period.

And if that lot fails to cheer you up, how about this kicking for a US banking giant:

http://www.bbc.co.uk/news/business-16610808

Goldman Sachs cuts pay and bonuses as profits halve

US banking giant Goldman Sachs has cut its pay and bonus payments during 2011 - to $12.2bn (£7.4bn).

It said its total compensation - including staff bonuses - was down 21% from 2010.

The bank also said that its quarterly profits had more than halved from the previous year

In summary, a bit of good news for British companies, a bit of good news for the high street, and bad news about your bonus if you're a banker.

Smashing!

wotsthat

tartanterra wrote: »

So it's not all doom and gloom.

Give it 5 minutes and someone will explain why it is all doom and gloom.

CRASH_BANG_WALLOP

And it's not as bad in the high street as many on here seem to relish

open your eyes!!!

round my way the ex woolworths are all poundlands

and dude, primark is up? its primark.everyone is skint thats why they shop in there.nobody relishes a thing. just people on the street know the high street is under pressure

MrRee_2

And here they come ..... crash_bang_wallop spreading their venom around ........ what an angry Hippy!

MrRee_2

Fantastic, wonderful news that the economy is storming ahead!!!

Of course, you get the dregs of society trying to bring things down to their level ...... old Hippies and the like ........ but, the winners are winners for a reason!!

Losers will be left FAR behind in this new brave world .........

CRASH_BANG_WALLOP

MrRee wrote: »

And here they come ..... crash_bang_wallop spreading their venom around ........ what an angry Hippy!

the dog on the street knows what going down dude

tartanterra

CRASH_BANG_WALLOP wrote: »

yeah dude

CRASH_BANG_WALLOP wrote: »

no money to spend man

CRASH_BANG_WALLOP wrote: »

and dude,

I imagine that thing will look bad to you, as judging by your language, you appear to be trapped in the 1970's

CRASH_BANG_WALLOP

tartanterra wrote: »

I imagine that thing will look bad to you, as judging by your language, you appear to be trapped in the 1970's

the 60's actually man. im an old hippy summer of love and all that. just tick to the topic dude

MrRee_2

CRASH_BANG_WALLOP wrote: »

the 60's actually man. im an old hippy summer of love and all that. just tick to the topic dude

Well, dude ... when you were sniffing coke some of us were building our empires of wealth.

Look, maaaaan ..... just accept that the drugs have done you in - you are still halucinating.

Lewis1967

This is why they are abusing the pound sterling. The race to debase all currencies around the world is well under way. The lower they can push the £ the better our exports will be doing. Trouble is every other currency is racing to debase as well.

oldvicar

CRASH_BANG_WALLOP wrote: »

open your eyes!!!

round my way the ex woolworths are all poundlands

....

Either things have gone upmarket round your way, or this shows the power of inflation.

Remember when everything in Woolies cost 6d (that 2.5 new Ps).

Well at one pound it makes them 40 times more expensive now.