| Virgin Closing Down in Swansea on 22:47 - May 3 with 2297 views | JACKMANANDBOY |
| Virgin Closing Down in Swansea on 22:39 - May 3 by Banosswan |
People should shop in aldi. It's better. And shouldn't have anything to do with austerity or class. |
.....and they don't have to pay billions to shareholders. |  |
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| Virgin Closing Down in Swansea on 23:06 - May 3 with 2266 views | londonlisa2001 |
| Virgin Closing Down in Swansea on 22:47 - May 3 by JACKMANANDBOY |
.....and they don't have to pay billions to shareholders. |
They make the same c.3% profit as Tesco.
They're more profitable than Sainsbury's.
Why do you care who receives that profit? |  | | |
| Virgin Closing Down in Swansea on 23:08 - May 3 with 2261 views | Highjack |
| Virgin Closing Down in Swansea on 22:34 - May 3 by londonlisa2001 |
Three parts to this.
Firstly and most importantly, this is awful news for everyone affected. I hope that those on here and elsewhere in Swansea that lose their jobs are able to find new work as soon as possible.
Secondly, there needs to be a proper inquest into why these jobs have gone from Swansea to Manchester. What more could and should the city and the Welsh government be doing?
But finally. They are shedding more than 500 jobs from the UK as a whole. Barely a month goes by on this forum where we don't have a thread about people switching to Kodi and similar. Basically receiving streaming and tv services and paying a relatively tiny amount a year for that service. What the hell do you think is the result of doing that? It's the same with the supermarkets. Threads about how cheap stuff is in Aldi and Lidl, and then people wondering why Sainsbury's and Asda are merging and shedding doubtless loads of jobs.
We need to look at ourselves. We want everything cheaper and cheaper. We switch back and forth from provider to provider. Everything is about how much we can get and how cheaply we can get it. And yet we wonder why jobs are shifted to countries who pay their workers crap all and provide them with no in work protections. We have to make a choice. Either we want as much as possible as cheaply as possible, or we want jobs to remain in this country. Because wanting stuff more cheaply will only result in shipping jobs overseas, automation and unemployment. The people at the top won't lose their jobs - they can't be automated.
We have to look at what we can do differently. We can manufacture luxury products that they can't do as well in The Philippines, or Malaysia, or China, or elsewhere.We can concentrate on services that we have the intellectual capital to do better than others. Or we can accept that we should pay more for products and services made here and provided here to save local jobs. We can't have it all. |
So it’s our fault. |  |
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| Virgin Closing Down in Swansea on 23:10 - May 3 with 2258 views | londonlisa2001 |
| Virgin Closing Down in Swansea on 23:08 - May 3 by Highjack |
So it’s our fault. |
You'll have to point out where I say that.
Did you find the post difficult to comprehend? | | | |
| Virgin Closing Down in Swansea on 23:16 - May 3 with 2247 views | lifelong |
| Virgin Closing Down in Swansea on 23:10 - May 3 by londonlisa2001 |
You'll have to point out where I say that.
Did you find the post difficult to comprehend? |
Aldi and Lidl employ 55000 people in the UK. |  | | |
| Virgin Closing Down in Swansea on 23:25 - May 3 with 2226 views | londonlisa2001 |
| Virgin Closing Down in Swansea on 23:16 - May 3 by lifelong |
Aldi and Lidl employ 55000 people in the UK. |
I know they do.
And the profits from both businesses go back to their German owners.
I would personally prefer to see those 55,000 people employed in a business where the profits also remain within the UK.
But that's not the point of the post. The point is that in a world where people are making choices based largely on cost, they can't be surprised when businesses make business decisions that will result in a lower cost base.
And governments (our government) can't believe that the future of UK employment lies in businesses where cost is the be all and end all. As that way means that our workforce will gradually shrink as we can't compete on cost with countries that pay their workers a fraction of our minimum wage. We have to differentiate and make products and provide services where cost is not the only part of the buying decision. In a global marketplace, we have to concentrate our collective efforts on producing goods and services where our quality and relatively educated and highly skilled workforce matter. And sell those products and services to the world. | | | |
| Virgin Closing Down in Swansea on 00:32 - May 4 with 2171 views | Brynmill_Jack |
| Virgin Closing Down in Swansea on 15:40 - May 3 by oh_tommy_tommy |
Billionaire Branson
How much Facking money does the c@nt want
I was looking to switch to virgin media , that won’t be happening now [Post edited 3 May 2018 15:42]
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I'm going to take great pleasure in switching my parents from virgin to plusnet. 54 pounds a month , no internet and no sports. Robbing b*stards |  |
| Each time I go to Bedd - au........................ |
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| Virgin Closing Down in Swansea on 01:00 - May 4 with 2148 views | Dippy |
| Virgin Closing Down in Swansea on 17:44 - May 3 by some_bloke |
800 low paid, low quality jobs lost in a dump like Swansea. There seems to be an agenda to run Swansea, Llanelli and West Wales in general into the ground. [Post edited 3 May 2018 17:44]
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Swansea, Llanelli, West Wales are running themselves into the ground..
Virgin, BT, and many other companies don't have to park their business in Swansea.
I'd say about 200,000 people cross the Severn bridge everyday to go and work.
They'd all love to stay home.. but the reality is..
West Wales Government, about 200 of them employed by the way.. do nothing.. even though taxes are lower here than many cities.
But money once again prevails in all decisions..
The funding Swansea Gov't receives, creates.. is nowhere near what other similar places manage to generate.. which attracts businesses.
But people from Swansea regularly shoot themselves in the foot. | |
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| Virgin Closing Down in Swansea on 08:38 - May 4 with 2043 views | trampie |
| Virgin Closing Down in Swansea on 23:25 - May 3 by londonlisa2001 |
I know they do.
And the profits from both businesses go back to their German owners.
I would personally prefer to see those 55,000 people employed in a business where the profits also remain within the UK.
But that's not the point of the post. The point is that in a world where people are making choices based largely on cost, they can't be surprised when businesses make business decisions that will result in a lower cost base.
And governments (our government) can't believe that the future of UK employment lies in businesses where cost is the be all and end all. As that way means that our workforce will gradually shrink as we can't compete on cost with countries that pay their workers a fraction of our minimum wage. We have to differentiate and make products and provide services where cost is not the only part of the buying decision. In a global marketplace, we have to concentrate our collective efforts on producing goods and services where our quality and relatively educated and highly skilled workforce matter. And sell those products and services to the world. |
The cost is the be all and end all for our neo liberal Governments whether Labour, Conservative or Lib-Dem in a coalition and that is the bottom-line. |  |
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| Virgin Closing Down in Swansea on 10:16 - May 4 with 1993 views | LeonWasGod |
| Virgin Closing Down in Swansea on 19:50 - May 3 by trampie |
Westminster offer crumbs off the table, its not good enough, this part of Wales was getting European money because it merited it, it should have and should be getting a lot more UK money, a bona fide UK Government would distribute funds and resources to where its needed and look after its citizens equally, London centric policies will cause the UK state to break up . |
Yep, we qualify for EU money becasase we're one of the poorest areas in Europe. Just think about that for a minute. Very sad that the various UK and Welsh and local governing bodies have let things get to this point over decades. |  | | |
| Virgin Closing Down in Swansea on 10:20 - May 4 with 1990 views | LeonWasGod |
| Virgin Closing Down in Swansea on 23:25 - May 3 by londonlisa2001 |
I know they do.
And the profits from both businesses go back to their German owners.
I would personally prefer to see those 55,000 people employed in a business where the profits also remain within the UK.
But that's not the point of the post. The point is that in a world where people are making choices based largely on cost, they can't be surprised when businesses make business decisions that will result in a lower cost base.
And governments (our government) can't believe that the future of UK employment lies in businesses where cost is the be all and end all. As that way means that our workforce will gradually shrink as we can't compete on cost with countries that pay their workers a fraction of our minimum wage. We have to differentiate and make products and provide services where cost is not the only part of the buying decision. In a global marketplace, we have to concentrate our collective efforts on producing goods and services where our quality and relatively educated and highly skilled workforce matter. And sell those products and services to the world. |
Agree we've got a pile it high sell it cheap culture here. It seems to be a consequence of low wages and disproportionately high accommodation prices, leaving people with practically nothing to spend on essentials. It's a viscious circle. | | | |
| Virgin Closing Down in Swansea on 11:53 - May 4 with 1959 views | Birchgrovejack |
| Virgin Closing Down in Swansea on 20:36 - May 3 by Banosswan |
Won't be renewing with them. |
Nope neither will I.
Bt it is then |  | | |
| Virgin Closing Down in Swansea on 11:58 - May 4 with 1953 views | JACKMANANDBOY |
| Virgin Closing Down in Swansea on 23:06 - May 3 by londonlisa2001 |
They make the same c.3% profit as Tesco.
They're more profitable than Sainsbury's.
Why do you care who receives that profit? |
How do the profits get distributed? [Post edited 4 May 2018 11:58]
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| Virgin Closing Down in Swansea on 12:08 - May 4 with 1948 views | oh_tommy_tommy |
| Virgin Closing Down in Swansea on 21:15 - May 3 by max936 |
They've probably exhausted all the Government grants by now, so that could be another reason to up sticks, they certainly won't be the first. |
Indeed
They show interest, welsh assembly give them money to set it all up
They stay until it runs out
And then they Fack off
Unlike the Eu Who will always plough money into wales |  |
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| Virgin Closing Down in Swansea on 12:22 - May 4 with 1938 views | longlostjack |
| Virgin Closing Down in Swansea on 23:25 - May 3 by londonlisa2001 |
I know they do.
And the profits from both businesses go back to their German owners.
I would personally prefer to see those 55,000 people employed in a business where the profits also remain within the UK.
But that's not the point of the post. The point is that in a world where people are making choices based largely on cost, they can't be surprised when businesses make business decisions that will result in a lower cost base.
And governments (our government) can't believe that the future of UK employment lies in businesses where cost is the be all and end all. As that way means that our workforce will gradually shrink as we can't compete on cost with countries that pay their workers a fraction of our minimum wage. We have to differentiate and make products and provide services where cost is not the only part of the buying decision. In a global marketplace, we have to concentrate our collective efforts on producing goods and services where our quality and relatively educated and highly skilled workforce matter. And sell those products and services to the world. |
There should be a tax on the operating profits of the national divisions of these companies. The revenue generated could be partly used to lower employers NI contributions. The Big Four Accountancy firms would hate it of course and come up with the usual arguments as to why it can't be done. [Post edited 4 May 2018 12:23]
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| Virgin Closing Down in Swansea on 12:25 - May 4 with 1929 views | londonlisa2001 |
| Virgin Closing Down in Swansea on 11:58 - May 4 by JACKMANANDBOY |
How do the profits get distributed? [Post edited 4 May 2018 11:58]
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To their shareholders. How do you think? | | | |
| Virgin Closing Down in Swansea on 12:34 - May 4 with 1922 views | JACKMANANDBOY |
| Virgin Closing Down in Swansea on 12:25 - May 4 by londonlisa2001 |
To their shareholders. How do you think? |
Exactly, if you don't a huge raft of expectant shareholders you have more choice as to how you structure and organise your business. | |
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| Virgin Closing Down in Swansea on 12:47 - May 4 with 1914 views | londonlisa2001 |
| Virgin Closing Down in Swansea on 12:34 - May 4 by JACKMANANDBOY |
Exactly, if you don't a huge raft of expectant shareholders you have more choice as to how you structure and organise your business. |
As I said, they generate the same profit margins as the others. More in many cases.
You seem to be arguing that they don't need to make profits. I then point out that they do. The same, or even higher. You then say they'd don't have to.
They are in some ways more flexible with a private company, that's for certain. But the model they are using across other countries is to price out the competition and then increase prices and profits. Here they are still generating as much profit as others, but they make their profits in different ways. Screw suppliers, cheap rents, low range of goods etc.
That's their model which is fine. But as I said, the result will be others reducing their costs to compete, and that results in big job losses. If people don't mind, then so be it. But that's the effect. | | | |
| Virgin Closing Down in Swansea on 14:33 - May 4 with 1861 views | JACKMANANDBOY |
| Virgin Closing Down in Swansea on 12:47 - May 4 by londonlisa2001 |
As I said, they generate the same profit margins as the others. More in many cases.
You seem to be arguing that they don't need to make profits. I then point out that they do. The same, or even higher. You then say they'd don't have to.
They are in some ways more flexible with a private company, that's for certain. But the model they are using across other countries is to price out the competition and then increase prices and profits. Here they are still generating as much profit as others, but they make their profits in different ways. Screw suppliers, cheap rents, low range of goods etc.
That's their model which is fine. But as I said, the result will be others reducing their costs to compete, and that results in big job losses. If people don't mind, then so be it. But that's the effect. |
My point is that they have choice as to how they use their profits which as you say can benefit customers. I did not say they don't have to make profits.
I don't think you can say that the discounters screw suppliers, negotiate low rents or compromise on quality any differently from the big four in the UK.
Having sat on both public and private sector boards I have seen the issue of shareholder returns regularly have detrimental impacts on customers. | |
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| Virgin Closing Down in Swansea on 14:41 - May 4 with 1850 views | londonlisa2001 |
| Virgin Closing Down in Swansea on 14:33 - May 4 by JACKMANANDBOY |
My point is that they have choice as to how they use their profits which as you say can benefit customers. I did not say they don't have to make profits.
I don't think you can say that the discounters screw suppliers, negotiate low rents or compromise on quality any differently from the big four in the UK.
Having sat on both public and private sector boards I have seen the issue of shareholder returns regularly have detrimental impacts on customers. |
Indeed. Shareholder returns are always an issue.
Their shareholder returns are as large as everyone else. More than most as it happens. They just have fewer shareholders.
I'd deal with Tesco any day of the week over one of the discounters. I'd also incidentally deal with Tesco over Waitrose for balance. | | | |
| Virgin Closing Down in Swansea on 14:48 - May 4 with 1840 views | theloneranger |
| Virgin Closing Down in Swansea on 11:53 - May 4 by Birchgrovejack |
Nope neither will I.
Bt it is then |
BT to announce next week approx 6600 redundancies!! |  |
| Everyday above ground ... Is a good day! 😎 |
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| Virgin Closing Down in Swansea on 14:54 - May 4 with 1832 views | JACKMANANDBOY |
| Virgin Closing Down in Swansea on 14:41 - May 4 by londonlisa2001 |
Indeed. Shareholder returns are always an issue.
Their shareholder returns are as large as everyone else. More than most as it happens. They just have fewer shareholders.
I'd deal with Tesco any day of the week over one of the discounters. I'd also incidentally deal with Tesco over Waitrose for balance. |
Yes but would you work at Tesco? ( whole new thread!) | |
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| Virgin Closing Down in Swansea on 15:02 - May 4 with 1826 views | A_Fans_Dad |
| Virgin Closing Down in Swansea on 22:34 - May 3 by londonlisa2001 |
Three parts to this.
Firstly and most importantly, this is awful news for everyone affected. I hope that those on here and elsewhere in Swansea that lose their jobs are able to find new work as soon as possible.
Secondly, there needs to be a proper inquest into why these jobs have gone from Swansea to Manchester. What more could and should the city and the Welsh government be doing?
But finally. They are shedding more than 500 jobs from the UK as a whole. Barely a month goes by on this forum where we don't have a thread about people switching to Kodi and similar. Basically receiving streaming and tv services and paying a relatively tiny amount a year for that service. What the hell do you think is the result of doing that? It's the same with the supermarkets. Threads about how cheap stuff is in Aldi and Lidl, and then people wondering why Sainsbury's and Asda are merging and shedding doubtless loads of jobs.
We need to look at ourselves. We want everything cheaper and cheaper. We switch back and forth from provider to provider. Everything is about how much we can get and how cheaply we can get it. And yet we wonder why jobs are shifted to countries who pay their workers crap all and provide them with no in work protections. We have to make a choice. Either we want as much as possible as cheaply as possible, or we want jobs to remain in this country. Because wanting stuff more cheaply will only result in shipping jobs overseas, automation and unemployment. The people at the top won't lose their jobs - they can't be automated.
We have to look at what we can do differently. We can manufacture luxury products that they can't do as well in The Philippines, or Malaysia, or China, or elsewhere.We can concentrate on services that we have the intellectual capital to do better than others. Or we can accept that we should pay more for products and services made here and provided here to save local jobs. We can't have it all. |
" Barely a month goes by on this forum where we don't have a thread about people switching to Kodi and similar. Basically receiving streaming and tv services and paying a relatively tiny amount a year for that service."
Emotional response?
I do not have Kodi, I do pay £90 a month for Virgin, my Son has Sky as well.
Can we watch the Swans every week, (or any other favourite club)?
Of course not, because they don't show all the games every week.
Fans of all clubs have been asking for such packages for years.
So we use Kodi or Computer streaming instead.
It is about time these companies put customers before Profit, but it will never happen.
Question Lisa, have you got a "Smart Meter"? | | | |
| Virgin Closing Down in Swansea on 15:04 - May 4 with 1825 views | londonlisa2001 |
| Virgin Closing Down in Swansea on 14:54 - May 4 by JACKMANANDBOY |
Yes but would you work at Tesco? ( whole new thread!) |
Not unless I had to, no.
The store employees are better paid at the discounters. There are also less of them.That's a bit of a different issue though.
My only point in this thread, is that a search for cost savings results in job losses. The rise of the discounters has meant the others are trying to make cost savings and that will result in job losses. My local Tesco has just installed a bunch if scan as you go machines. That will cost jobs. It's also more of a pain for customers. But it means they will be able to slightly cut margin. And so it goes on. | | | |
| Virgin Closing Down in Swansea on 15:10 - May 4 with 1814 views | JACKMANANDBOY |
| Virgin Closing Down in Swansea on 15:04 - May 4 by londonlisa2001 |
Not unless I had to, no.
The store employees are better paid at the discounters. There are also less of them.That's a bit of a different issue though.
My only point in this thread, is that a search for cost savings results in job losses. The rise of the discounters has meant the others are trying to make cost savings and that will result in job losses. My local Tesco has just installed a bunch if scan as you go machines. That will cost jobs. It's also more of a pain for customers. But it means they will be able to slightly cut margin. And so it goes on. |
I would say that in my experience public businesses heavily prioritise share holder value every time over customer and employee value and indeed over their wider responsibilities. In private businesses I have seen more of a balance. | |
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