Strikes

beardface

Member
Location
East Yorkshire
Agree, housing crash or major correction coming too.

Wondering how the big home builders will fare as they have had to spend big on materials and labour over the past year or so. Lot of people who qualified for a mortgage 6 months ago won't get one now.

Glad I renewed mine in march at current prices and interest rates. Just hope the bank doesn't go bust 🤣, but then I think its still publicly owned from last time. Alot of pension funds tied into housing companies.
 

beardface

Member
Location
East Yorkshire
Personally I don't think the housing market will crash, more stagnate. If housing demand dips prices will drop a little, I'd building companies cut projects or go bust house prices will stay boyount due to fresh demand.

Biggest ones at risk are either credit companies or companies that allow credit. Take DFS for example. How many sofas leave the ship bought outright?

Tech companies and streaming companies will take a hit as people move to essential rather than excess spending. I.e. People may lay off changing the devices until a later date.
 

czechmate

Member
Mixed Farmer
Im Too old and its over valued, if iht relief is removed/ slashed it will plummet, industrial units give a better return but I want access to the capital at times now.

this kind of thing… mk 1/2 escorts…


CE557E2D-5E2C-4D51-93E9-8F6C20FCA1EB.jpeg
 

bobk

Member
Location
stafford
so the goverment spent billions paying most of these lazy feckwits to stay at home for 6 months,and as soon as times get a little tougher they bleat like poor little lambs ,has no one ever heard of putting a bit by for a rainy day ? feckless twits
Some are still at home . this country is fuked .
 

czechmate

Member
Mixed Farmer
so the goverment spent billions paying most of these lazy feckwits to stay at home for 6 months,and as soon as times get a little tougher they bleat like poor little lambs ,has no one ever heard of putting a bit by for a rainy day ? feckless twits

credit card mentality🤷‍♂️
when I was first around Czechs, starting in 2001, they didn’t even know what a credit card was. I don’t know about these days.
 
Some are still at home . this country is fuked .
Sadly true.

The high wages are going to create demand destruction.

I was reading at lunch time, that a large property developer in Italy is moth balling all their projects including a 3/4 done apartment block, building materials a problem as well as wages.

I suspect some new developments not started in this country will be furloghed until markets settle down.
 

hoff135

Member
Location
scotland
Sadly true.

The high wages are going to create demand destruction.

I was reading at lunch time, that a large property developer in Italy is moth balling all their projects including a 3/4 done apartment block, building materials a problem as well as wages.

I suspect some new developments not started in this country will be furloghed until markets settle down.
Friend who works for his brothers haulage company, who move a lot of plant around for contractors says its a good bit quieter than it was. Only one opinion.
 

teslacoils

Member
Arable Farmer
Location
Lincolnshire
Post office workers striking for pay.

Sweepstake on who will be next? Teachers first day back in September? Nurses October half term as flu season kicks in and the next fuel cap rise happens?
 

Martin Holden

Member
Grassland Exhibitor
Location
Cheltenham
Easy to say there should be wage restraint when you are not on a fixed wage and get things like housing and transport costs paid out of the business account.

You also need to remember that as peoples disposable income (what's left after paying all the bills) falls it drags the whole economy down.
It does indeed drag down the economy. Those on PAYE pay through the nose
 

kiwi pom

Member
Location
canterbury NZ
Post office workers striking for pay.

Sweepstake on who will be next? Teachers first day back in September? Nurses October half term as flu season kicks in and the next fuel cap rise happens?
Can you blame them? Cost of livings going up maybe interest rates too.
You're probably getting more for your produce now, imagine paying all the extra inputs and being told wheats 150 quid a ton no negotiation..
Not that different really.
So it's three days of rail strikes. Not sure I've seen how much money they actually want? Ten percent?
I'll give you that, anyone in the public sector that strikes really should have their current pay and conditions published as well as their demands, so we can see what's what.
I've no problem with nurses striking if they're on minimum wage but if I found out they were on 200K a year for 35 hours a week I might feel differently.
 

BrianV

Member
Livestock Farmer
Guess that's just what Johnson wants! Be careful what you wish for!

Boris Johnson’s demand for higher wages is an opportunity for the left​

The only way to deliver the high-wage economy the Prime Minister wants is to break with Britain’s capitalist model.
By Paul Mason
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Illustration by Cemile Bingol/Getty Images
Britain, says Boris Johnson, is moving “towards a high-wage, high-skill, high-productivity economy that the people of this country need and deserve, in which everyone can take pride in their work and the quality of their work”.
I can only imagine the delight on the faces of the Tory-voting managerial class. They, together with the consultancies and big shareholders who call the shots in boardrooms, have spent 40 years building a low-wage, low-skill, low-productivity economy and they’re being urged to change. Their current obsession – firing and rehiring entire workforces in order to drive down wages and remove favourable conditions – is just the latest in a decades-long project to boost profit at the expense of labour.
Above all, says Johnson, there will be no further reliance on migrant labour: he revelled in the failure of his own scheme to attract a meagre 5,000 HGV drivers from Europe. The mere 127 who’ve applied, he says, are proof that haulage industry owners will need to invest.
Johnson’s conversion to the high-wage economy is welcome – because it is undeliverable under 21st-century capitalism. Flailing amid the supply-chain crisis, a severe labour shortage and rising discontent among the Red Wall voters who put him in power, Johnson has inadvertently reinvented the Trotskyist “transitional demand”.
 

arcobob

Member
Location
Norfolk
I am all in favour of re-balancing and a redistribution of wealth but not this way. There is certainly injustice at the top of the wealth scale and a hord of scroungers at the bottom. No government of any political persuasion has ever got to grips with this. You only have to look at how the major political parties are funded to see why.
 

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Man fined £300 for bonfire-related waste offences

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Written by William Kellett from Agriland

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A man has pleaded guilty at Newtownards Magistrates’ Court to waste offences relating to a bonfire next to the electrical sub-station on the Circular Road in Newtownards, Co. Down.

Gareth Gill (51) of Abbot’s Walk, Newtownards pleaded guilty to two charges under the Waste and Contaminated Land (Northern Ireland) Order 1997, for which he was fined £150 each and ordered to pay a £15 offender’s levy

On June 25, 2018, PSNI officers went to Gill’s yard, where they found a large amount of waste consisting of scrap wood, pallets, carpet and underlay.

Discussion with Northern Ireland Environment Agency (NIEA) officers confirmed the site...
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