Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
General Forums
General Chat Area
Where is the £ going?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support Talk Electrician Forum:
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="binky" data-source="post: 487716" data-attributes="member: 490"><p>Granted, that will cause inflation, but we do do still make and sell products, and finished goods cost a lot more than raw materials - that's the whole point of 'adding value' through manufacturing. So just as when the pound devalued after the leave vote, boosting business and jobs, further devaluation will do the same. People who import finished goods to sell in the UK will suffer loss of margins, and the biggest issue is our reliance of imported food, and energy, which will increase in price hitting the poorest hardest. </p></blockquote><p></p>
[QUOTE="binky, post: 487716, member: 490"] Granted, that will cause inflation, but we do do still make and sell products, and finished goods cost a lot more than raw materials - that's the whole point of 'adding value' through manufacturing. So just as when the pound devalued after the leave vote, boosting business and jobs, further devaluation will do the same. People who import finished goods to sell in the UK will suffer loss of margins, and the biggest issue is our reliance of imported food, and energy, which will increase in price hitting the poorest hardest. [/QUOTE]
Insert quotes…
Verification
Post reply
General Forums
General Chat Area
Where is the £ going?
Top