Personally, i hope its C*rd F*ctory.... i mean we're doing well,takings are very good but they're just in it to be the cheapest why can't they just make a profit on stuff. Don't get me wrong, our prices are highly competetive but we do make AT LEAST 100% on every item we sell wheras the big boys seem to be happy with tiny margins based on massive turnover...
My old boss used to say "Turnover is for the vain...Profit is for the sane".
Its true, if people wern't so greedy none of this would be a problem
100%... what a dream! Our margin is 5-10% if we're lucky. Not possible to go any higher as we'll loose work.... that's the nature of manufaturing in the UK. High overheads, little profit
I'm bewildered why the press are making Gordon Brown some kind of hero out of this, it was his fault in the first place that he turned a blind eye to the banking industry practises. Now Alistair Darling wants turn the UK into an even bigger version of Argentina with the taxing fiasco - has he not learned any lessons?!
I totally agree. I have never like Labour or new Labour. They always bollox up the economy and it takes the Tories to clean it up. The last time the Tories cleaned it up it took so long that people got impatient, then voted for new labour who promptly took credit for it then bolloxed it up