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Showing content with the highest reputation on 07/05/20 in Posts

  1. 2 points
    The falling pound will affect the car market because the country will become poorer. Fewer people in work, pay falling or stagnating. Fewer youngsters taking driving lessons and buying their first car. Demand drops across the industry.. The value of currency is a good indicator of a country's economic health. It is significant because a lot of UK's debt is non-Sterling - so interest payments rise when the pound falls. Also we import more than half our food plus most of our cars, car parts, tools and equipment etc etc. It will all get more expensive. We all get relatively poorer and business gets a lot tougher.. The economy was struggling BEFORE coronavirus. In the first three months of the year the UK GDP fell by 2.2%. That's the biggest fall since 1979. I have been in business since the late 1970's so I have seen my share of ups and downs, but what we are facing now is the biggest downturn in history. The fact that the government are contemplating a no-deal Brexit with concomitant tariffs in the current situation just beggars belief. We are being led off a cliff. And I say that as someone who has been an active member of the Conservative Party for 27 years.
  2. 1 point
  3. 1 point
    Write to all the other customers now and admit your a silly boy , bet they thought what the f### is he on about when your wobbling on about the floor missing Took some owning upto though I'll give you 10/10 for that