2020 Retailers in trouble thread
Discussion
Frimley111R said:
Shnozz said:
As for the stamp duty holiday, feels far too soon to my mind. Housing figures suggest its still enjoying a pent up demand post-lockdown. Why not play this card in 6 - 12 months when the real sticky stuff comes to be and even those comfortable are deciding against big spending when the world around them is burning? A stamp duty holiday then might keep the wheels turning.
I'd agree, we work in the automotive industry (not selling cars) and its very busy for us now but i am sure that's just pent up demand. Not sure how it'll be in a few months when this has died off but then the economy may have picked up a fair bit more. It's on its way now. Remember we're only just coming out of lockdown and there's a lot of pent up demand for a lot of things. We've been under-providing for housing for decades in the UK. The supply lag is pretty big, doing this ensure liquidity in the property market and sends the right message, IMHO, to the housebuilders.
There is the matter of mobility of the workforce - SDLT was a huge brake on people relocating, either to be closer to existing jobs (better quality of life, reduction in road/rail traffic), or to switch jobs (productivity etc.).
Finally, the 'conveyor belt' of people vacating properties for those lower down the ladder to buy has been stalled somewhat. Comfortably off middle class people have become very stagnant in their habitation, compared to a decade or two back.
I do agree this will, overall, be a sticking plaster for the general economic destruction we are about to see unfolding.
RonaldMcDonaldAteMyCat said:
I saw a headline that the government will fund 6 months of wages for businesses taking on 16-24 year olds. In which case, what chance would you have as a 25-30 year old competing against them in the jobs market?
Are the jobs even out there , regardless of age ?we don't hear much amount companies employing just people getting made redundant or people retiring and the company not replacing them.
egor110 said:
Are the jobs even out there , regardless of age ?
we don't hear much amount companies employing just people getting made redundant or people retiring and the company not replacing them.
Good news has never been news. I know 3 people who have been offered jobs in the last 2 weeks.we don't hear much amount companies employing just people getting made redundant or people retiring and the company not replacing them.
I have two chaps retiring in the next few months, both will need to be replaced.
egor110 said:
RonaldMcDonaldAteMyCat said:
I saw a headline that the government will fund 6 months of wages for businesses taking on 16-24 year olds. In which case, what chance would you have as a 25-30 year old competing against them in the jobs market?
Are the jobs even out there , regardless of age ?we don't hear much amount companies employing just people getting made redundant or people retiring and the company not replacing them.
I also saw another headline saying the Govt will pay businesses £1000 if they take on an unpaid trainee and offer them some sort of training.
So look out for 6 months “trainee opportunities” and 6 month fixed term contract roles on Govt-paid minimum wage coming to a supermarket near you
Ean218 said:
Good news has never been news. I know 3 people who have been offered jobs in the last 2 weeks.
I have two chaps retiring in the next few months, both will need to be replaced.
Good for them but 3 jobs among tens of thousands of redundancies isnt news though, or even good newsI have two chaps retiring in the next few months, both will need to be replaced.
hyphen said:
There was talk last week on the papers that government may give out £500 to everyone, to be spent at physical retailers.
That would get people back out (although Amazon would sue probably for discrimination).
Not going to happen. The government just wouldn't be able to make sure the £500 actually benefits physical retailers and most people would just spend it on groceries.That would get people back out (although Amazon would sue probably for discrimination).
Argleton said:
RonaldMcDonaldAteMyCat said:
I saw a headline that the government will fund 6 months of wages for businesses taking on 16-24 year olds. In which case, what chance would you have as a 25-30 year old competing against them in the jobs market?
More experience? Worse yet, with all these POS "job creation" schemes is the utter ignorance of how and why jobs are created - by business growth, often in lockstep with capital investment too. Yet capital allowances are miserly.
Digga said:
It's idiotic, the government picking "winners" is an utterly moronic, blunt instrument.
Worse yet, with all these POS "job creation" schemes is the utter ignorance of how and why jobs are created - by business growth, often in lockstep with capital investment too. Yet capital allowances are miserly.
yep...I am hoping for a lot more than just this announcement tbh Worse yet, with all these POS "job creation" schemes is the utter ignorance of how and why jobs are created - by business growth, often in lockstep with capital investment too. Yet capital allowances are miserly.
jammy-git said:
hyphen said:
There was talk last week on the papers that government may give out £500 to everyone, to be spent at physical retailers.
That would get people back out (although Amazon would sue probably for discrimination).
Not going to happen. The government just wouldn't be able to make sure the £500 actually benefits physical retailers and most people would just spend it on groceries.That would get people back out (although Amazon would sue probably for discrimination).
For example, right before Lockdown I was on a 4 day focus-group for the NHS (my address was randomly pulled out of the hat). I got £400 of shopping vouchers for my time and effort. I can spend them at lots of places, jewelers, clothing shops, electrical places and so on. I can't spend them online and I can't spend them on groceries.
It's really not very hard at all to limit what and where people can spend any government £500 handout on.
snuffy said:
jammy-git said:
hyphen said:
There was talk last week on the papers that government may give out £500 to everyone, to be spent at physical retailers.
That would get people back out (although Amazon would sue probably for discrimination).
Not going to happen. The government just wouldn't be able to make sure the £500 actually benefits physical retailers and most people would just spend it on groceries.That would get people back out (although Amazon would sue probably for discrimination).
For example, right before Lockdown I was on a 4 day focus-group for the NHS (my address was randomly pulled out of the hat). I got £400 of shopping vouchers for my time and effort. I can spend them at lots of places, jewelers, clothing shops, electrical places and so on. I can't spend them online and I can't spend them on groceries.
It's really not very hard at all to limit what and where people can spend any government £500 handout on.
Argleton said:
More experience?
If some school leaver who cannot afford uni gets a leg up into their dream job in manufacturing / engineering etc etc then I am all for thatIf businesses get 6 months free labor in roles not going anywhere, then no, esp viable businesses that otherwise could afford to employ somebody properly - in which case its failed in its stated aim of encouraging employment
Robertj21a said:
snuffy said:
jammy-git said:
hyphen said:
There was talk last week on the papers that government may give out £500 to everyone, to be spent at physical retailers.
That would get people back out (although Amazon would sue probably for discrimination).
Not going to happen. The government just wouldn't be able to make sure the £500 actually benefits physical retailers and most people would just spend it on groceries.That would get people back out (although Amazon would sue probably for discrimination).
For example, right before Lockdown I was on a 4 day focus-group for the NHS (my address was randomly pulled out of the hat). I got £400 of shopping vouchers for my time and effort. I can spend them at lots of places, jewelers, clothing shops, electrical places and so on. I can't spend them online and I can't spend them on groceries.
It's really not very hard at all to limit what and where people can spend any government £500 handout on.
So you give out 60million £500 vouchers and worry about a few people trading them ?
If people took your approach to risk they'd be too scared to leave our own homes..oh hang on.
Edited by snuffy on Wednesday 8th July 13:00
Ean218 said:
egor110 said:
Are the jobs even out there , regardless of age ?
we don't hear much amount companies employing just people getting made redundant or people retiring and the company not replacing them.
Good news has never been news. I know 3 people who have been offered jobs in the last 2 weeks.we don't hear much amount companies employing just people getting made redundant or people retiring and the company not replacing them.
I have two chaps retiring in the next few months, both will need to be replaced.
Admittedly some of the posts are part time or fixed term contracts but jobs do exist.
snuffy said:
Well, in the example of the vouchers I have, yes, people do flog them on ebay.
So you give out 60million £500 vouchers and worry about a few people trading them ?
If people took your approach to risk they'd be too scared to leave our own homes..oh hang on.
60m ? - all kids getting £500 too ?So you give out 60million £500 vouchers and worry about a few people trading them ?
If people took your approach to risk they'd be too scared to leave our own homes..oh hang on.
Edited by snuffy on Wednesday 8th July 13:00
Salmonofdoubt said:
When I checked my employers internal jobs listings yesterday there were over 300 vacancies. Over 2/3 of those are also available to anyone outside the company too.
Admittedly some of the posts are part time or fixed term contracts but jobs do exist.
More detail needed thoughAdmittedly some of the posts are part time or fixed term contracts but jobs do exist.
200 available to outside applications of which how many are perm ft hours?
Area of expertise / locations / salary etc
Otherwise we cannot really form an idea of where the prosperity is
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