So we are in a recession then

[Adrian W]

I work in electronics, most people I talk to say it fell of a cliff in Febuary

http://www.bbc.co.uk/news/business-17836624

[Adrian W]

james_tigerwoods said:

Surely this was obvious for all to see - Clearly the fuel sale boom orchestrated by the Government didn't help

I would have thought it would have boosted sales for a short time

[Adrian W]

Some company results came out this morning, I think it said Barclays and Shell doing brilliantly, but not one mention of UK manufacturing, they also said that 60% of our GDP come from retail, the only way out of this is to make and sell products here.

Something I read yesterday was that the Chinese are sub contracting to companies in the US to avoid punitive import tariffs; maybe our government should take their lead.

Something else I found out yesterday Apple pay no or very little tax in the UK or US, apparently they are registered in the Cayman islands, considering their sales, maybe if they don't pay tax here they shouldn't be allowed to sell here.

[Adrian W]

markcoznottz said:

How did we get out of the early 90's recession so smoothly?

We made and sold stuff, there was also house building and massive investement in communications infastucture. none of which are happening now.

[Adrian W]

CommanderJameson said:

I think it's high time to get some serious road infrastructure built, starting with the A1 having at least three uninterrupted lanes from South Mimms to Edinburgh.

Not that I've got a vested interest in the existence of such a road, mind you. Absolutely not. No sir.

That sounds good, escecially if I got a contract to do the electronic signs

[Adrian W]

AJS- said:

Fine with me.

What isn't fine with me is that if I were to go and get a job in the UK on an average salary I would end up paying over half of my salary in taxes.

Made if all of these huge companies paid proper taxes you wouldn't need to!

[Adrian W]

AJS- said:

Adrian W said:

AJS- said:

Fine with me.

What isn't fine with me is that if I were to go and get a job in the UK on an average salary I would end up paying over half of my salary in taxes.

Made if all of these huge companies paid proper taxes you wouldn't need to!

Nonsense. They need all the money they can get.

Why