Brexiters should be 'Ashamed of the harm to come"

wotsthat

CLAPTON wrote: »

seems equally reasonable to either increase the price of the whole packet as to reduce the size and maintain the price.

You're thinking like the typical UK consumer. I like people like you.

Given the choice between paying more or paying the same for less the consumer should choose to pay more. It's close to a certainty that the latter will deliver a higher cost per gram than the former.

CLAPTON wrote: »

what do you consider the 'right' price should be?

Depends whether I'm buying or selling.

CLAPTON

wotsthat wrote: »

You're thinking like the typical UK consumer. I like people like you.

Given the choice between paying more or paying the same for less the consumer should choose to pay more. It's close to a certainty that the latter will deliver a higher cost per gram than the former.

I would guess that the typical UK consumer (presumably different from EU or other race differently favoured people), might conclude it rather depends upon the circumances and so might prefer small sizes or large depending.
Even a UK consumer (with some exceptions of particularly patronising people on this board) might consider that per unit cost is very frequently, not the deciding factor).

wotsthat

CLAPTON wrote: »

surely this is your usual business and you plan for currency fluctuations as part of your business procedures : you have had the enmorous benefit of my repeated posts about the huge balance of trade deficits and the dangers of relying on capital transfers to balcance the books

Yes this is normal business but, believe it or not, most businesses don't really have detailed plans for seeing a currency fall to 35 year lows between leaving work on a Thursday afternoon and returning on Friday morning.

There's the usual currency forward buying as you might expect which has the effect of smoothing and delaying the effects of currency changes. Worth remembering is that if people were expert currency traders and forecasters they probably wouldn't be selling widgets.

You're not really involved in business are you?

CLAPTON wrote: »

I'm sure though, if at the end of the process, this isn't profitable you will change your business model (or go bankrupt)

Quite but do you now see that there are circumstances where trade can take place without apparent advantage to one or more of the parties?

I'd need a rosy outlook transplant to find the advantage in not going bust after seeing a product margin on a volume line go from positive to negative.

wotsthat

CLAPTON wrote: »

I would guess that the typical UK consumer (presumably different from EU or other race differently favoured people), might conclude it rather depends upon the circumances and so might prefer small sizes or large depending.
Even a UK consumer (with some exceptions of particularly patronising people on this board) might consider that per unit cost is very frequently, not the deciding factor).

No, you're just wrong - I've explained why - get over it.

Conrad

Is there any way you might get those widgets from UK suppliers instead of importing (just the medicine this dangerously unbalanced so badly needs)?


I have long favoured German cars but would like my next to be made in Britain even if Indian owned. We toss away billions of tons of perfectly good British fruit in favour of French and Spanish. The pound falling should be seen as an opportunity to fix our decades old and increasing trade deficit


http://www.telegraph.co.uk/business/2016/10/03/uk-manufacturers-enjoy-best-quarter-this-year-following-brexit-v/




3 October 2016 • 10:16am

UK manufacturing activity grew at the fastest pace in more than two years in September, as the weak pound helped the sector to cement its strongest quarter of growth this year, according to a closely watched survey.

wotsthat

Conrad wrote: »

Is there any way you might get those widgets from UK suppliers instead of importing (just the medicine this dangerously unbalanced so badly needs)?

I don't think it's my patriotic duty to limit widget sales to those manufactured in the UK.

That's up to the consumer but, as we both know, they'll claim to be all about buying British until whilst simultaneously trawling the web for the lowest price.

Conrad

So Remain told us EU Banks were enticing UK Banks and staff over to the EU, and yet;

Tuesday 4 October 2016

The big chop: European banks slash over 20,000 jobs

http://www.cityam.com/250634/european-banks-including-ing-group-commerzbank-and-spains

cells

Conrad wrote: »

So Remain told us EU Banks were enticing UK Banks and staff over to the EU, and yet;

Tuesday 4 October 2016

The big chop: European banks slash over 20,000 jobs

http://www.cityam.com/250634/european-banks-including-ing-group-commerzbank-and-spains

these are probably general progress from physical bank and people to more and more over the internet and on smartphones and the new advanced ATMs which take as well as dispense cash and even coins in some cases.

StevieJ

Looks like May is setting the ground out for a snap General Election. I guess she will look to force one, through a defeat in Parliament over the EU bill. She must be licking her lips at the weakness of labour and she will not want leave number 10 having never been franked by the British electorate, which would be likely to happen when Brexit goes 'tits up':(

StevieJ

Conrad wrote: »

So Remain told us EU Banks were enticing UK Banks and staff over to the EU, and yet;

Tuesday 4 October 2016

The big chop: European banks slash over 20,000 jobs

http://www.cityam.com/250634/european-banks-including-ing-group-commerzbank-and-spains

They will be 20k that are not bringing customers with them