| The Rake and Riddle. 20:17 - Jan 2 with 1463 views | lifelong |
In Penclawdd, closing with immediate effect, according to their Facebook…apparently. |  | | |  |
| The Rake and Riddle. on 20:23 - Jan 2 with 1437 views | max936 |
Not surprised last time we went there its was bloody awful Mrs sent her food back. |  |
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| The Rake and Riddle. on 20:28 - Jan 2 with 1419 views | lifelong |
| The Rake and Riddle. on 20:23 - Jan 2 by max936 |
Not surprised last time we went there its was bloody awful Mrs sent her food back. |
Haven’t been there for a few years, can’t remember what it was like.😄
Been told it’s got a 2 rating. | | | |
| The Rake and Riddle. on 20:33 - Jan 2 with 1408 views | max936 |
| The Rake and Riddle. on 20:28 - Jan 2 by lifelong |
Haven’t been there for a few years, can’t remember what it was like.😄
Been told it’s got a 2 rating. |
Mrs had a pasta dish she was not at all impressed, lad and I had steak that was ok, chips weren't though, that was over 18 moths ago, not been back since. | |
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| The Rake and Riddle. on 23:27 - Jan 2 with 1321 views | JACKMANANDBOY |
Changes to NI, the minimum wage and employment rights will close many pubs. |  |
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| The Rake and Riddle. on 13:04 - Jan 3 with 1119 views | Flashberryjack |
| The Rake and Riddle. on 23:27 - Jan 2 by JACKMANANDBOY |
Changes to NI, the minimum wage and employment rights will close many pubs. |
Serving crap food doesn't help either |  |
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| The Rake and Riddle. on 15:57 - Jan 3 with 1023 views | controversial_jack |
| The Rake and Riddle. on 23:27 - Jan 2 by JACKMANANDBOY |
Changes to NI, the minimum wage and employment rights will close many pubs. |
They haven't come into force yet so explain that away.
When the min wage was first introduced, the media and right wing zealots said it it would cost jobs, it didn't |  | | |
| The Rake and Riddle. on 16:06 - Jan 3 with 1011 views | KeithHaynes |
| The Rake and Riddle. on 23:27 - Jan 2 by JACKMANANDBOY |
Changes to NI, the minimum wage and employment rights will close many pubs. |
And the exclusionary smoking rules. |  |
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| The Rake and Riddle. on 19:18 - Jan 3 with 885 views | JACKMANANDBOY |
| The Rake and Riddle. on 15:57 - Jan 3 by controversial_jack |
They haven't come into force yet so explain that away.
When the min wage was first introduced, the media and right wing zealots said it it would cost jobs, it didn't |
The very simple explanation is that businesses have an operating plan and when a variable changes they assess the impact and make changes.
For example if your national insurance costs go up by £10,000 you have to find the money from somewhere; put up prices, reduce profit, cut staff, change your product line, reduce operating hours etc. etc. [Post edited 3 Jan 20:24]
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| The Rake and Riddle. on 19:53 - Jan 3 with 828 views | Whiterockin |
| The Rake and Riddle. on 19:18 - Jan 3 by JACKMANANDBOY |
The very simple explanation is that businesses have an operating plan and when a variable changes they assess the impact and make changes.
For example if your national insurance costs go up by £10,000 you have to find the money from somewhere; put up prices, reduce profit, cut staff, change your product line, reduce operating hours etc. etc. [Post edited 3 Jan 20:24]
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Exactly right. Businesses have to have a business plan and often borrow in the slack winter season and repay in the more profitable summer. If the projections don't stack up they can't borrow and need to close. It's normal practice in hospitality, it's the way it works. Expect the retail sector to foreclose many stores when the next 3 monthly rent sector comes around. |  | | |
| The Rake and Riddle. on 20:28 - Jan 3 with 768 views | JACKMANANDBOY |
| The Rake and Riddle. on 19:53 - Jan 3 by Whiterockin |
Exactly right. Businesses have to have a business plan and often borrow in the slack winter season and repay in the more profitable summer. If the projections don't stack up they can't borrow and need to close. It's normal practice in hospitality, it's the way it works. Expect the retail sector to foreclose many stores when the next 3 monthly rent sector comes around. |
I'd forgotten about the cut in business rate relief, so in the near future a hospitality business will face:
NI increase
Cut in Business Rate Relief to 40 percent
Increased minimum wage
Increase in employee regulation
Increasing borrowing costs | |
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| The Rake and Riddle. on 21:36 - Jan 3 with 709 views | Whiterockin |
| The Rake and Riddle. on 20:28 - Jan 3 by JACKMANANDBOY |
I'd forgotten about the cut in business rate relief, so in the near future a hospitality business will face:
NI increase
Cut in Business Rate Relief to 40 percent
Increased minimum wage
Increase in employee regulation
Increasing borrowing costs |
Thow in less money in people's pockets to spend. | | | |
| The Rake and Riddle. on 22:01 - Jan 3 with 675 views | Dr_Winston |
Labour couldn't have done more to stick the knife into British businesses. |  |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| The Rake and Riddle. on 22:53 - Jan 3 with 613 views | sw02sea |
| The Rake and Riddle. on 22:01 - Jan 3 by Dr_Winston |
Labour couldn't have done more to stick the knife into British businesses. |
There’s talk of them moving the the Countryman, because the Chinese people who own it, want it back | | | |
| The Rake and Riddle. on 22:54 - Jan 3 with 613 views | JACKMANANDBOY |
| The Rake and Riddle. on 22:01 - Jan 3 by Dr_Winston |
Labour couldn't have done more to stick the knife into British businesses. |
Small and medium sized enterprises, which employ the most people in the UK will feel the most heat.
Big business has more flexibility and resources to absorb these changes. I guess that Labour thought they were raiding big business. Big business can move operations overseas re-register in places like Ireland, reduce headcount etc.
I work in a medium sized business that is funded by medium term 3-5 year contracts, our MD said after the budget that he won't make people redundant but he will hold back on pay rises until we can get some contracts re-negotiated at renewal.
I guess when you have no one in the cabinet who has ever run a business you get these kind of decisions. For example, Great Britain Energy as it is proposed does not look like a business but a government department. [Post edited 3 Jan 22:58]
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| The Rake and Riddle. on 23:00 - Jan 3 with 589 views | Dr_Winston |
| The Rake and Riddle. on 22:54 - Jan 3 by JACKMANANDBOY |
Small and medium sized enterprises, which employ the most people in the UK will feel the most heat.
Big business has more flexibility and resources to absorb these changes. I guess that Labour thought they were raiding big business. Big business can move operations overseas re-register in places like Ireland, reduce headcount etc.
I work in a medium sized business that is funded by medium term 3-5 year contracts, our MD said after the budget that he won't make people redundant but he will hold back on pay rises until we can get some contracts re-negotiated at renewal.
I guess when you have no one in the cabinet who has ever run a business you get these kind of decisions. For example, Great Britain Energy as it is proposed does not look like a business but a government department. [Post edited 3 Jan 22:58]
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I can't help repeating it, but if Socialists were capavle of understanding economics, or how businesses work, or anything really about the World outside their little theories, then they wouldn't be Socialists. | |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| The Rake and Riddle. on 01:25 - Jan 4 with 521 views | Robbie |
Wetherspoons , love or hate them continue to thrive , good pricing for cheap and cheerful booze and grub , customer driven , walk into one of their outlets you know what you get .
Local Pubs/Dining areas charging close to a hundred notes for Xmas Day Lunch per person then add on extras like drinks bill alongside that expenditure .
Sadly local boozers will be a thing of the past very soon , so many pubs about to be converted into flats around my area .
A night out in the pub for a few beers will soon be long forgotten . | | | |
| The Rake and Riddle. on 07:32 - Jan 4 with 429 views | Whiterockin |
| The Rake and Riddle. on 01:25 - Jan 4 by Robbie |
Wetherspoons , love or hate them continue to thrive , good pricing for cheap and cheerful booze and grub , customer driven , walk into one of their outlets you know what you get .
Local Pubs/Dining areas charging close to a hundred notes for Xmas Day Lunch per person then add on extras like drinks bill alongside that expenditure .
Sadly local boozers will be a thing of the past very soon , so many pubs about to be converted into flats around my area .
A night out in the pub for a few beers will soon be long forgotten . |
Wetherspoons closed 5% of their pubs in 2024 with more closures predicted this year. Currently they have a loss leading "sale" on food and drink in their pubs across the UK. Major pub and restaurant chains throughout the UK are offering their customers with apps up to 40% off this January, among these Harvester, Sizzling Pubs, Bistro Piere, Pretzo to name just a few locally. Small independents can not compete with this type of aggressive selling throughout the desperate early part of the year. Hospitality is really struggling at the moment for the reasons mentioned and will struggle through the spring according to industry forecasts. Large chains like Wetherspoons are struggling, customers only see the bums on seats and never the bottom line until they are gone. Frankie and Bennies being a perfect example in recent years. [Post edited 4 Jan 7:33]
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| The Rake and Riddle. on 09:33 - Jan 4 with 324 views | controversial_jack |
| The Rake and Riddle. on 19:18 - Jan 3 by JACKMANANDBOY |
The very simple explanation is that businesses have an operating plan and when a variable changes they assess the impact and make changes.
For example if your national insurance costs go up by £10,000 you have to find the money from somewhere; put up prices, reduce profit, cut staff, change your product line, reduce operating hours etc. etc. [Post edited 3 Jan 20:24]
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NI cost increases are not huge increases. Yes' they have to find more to pay, but that's better than increasing workers contributions. Many complain about NHS under funding, but then ko when taxes are raised in order to fund it. There are still many big companies and corps making huge profits, supermarkets and utility companies for example. Yes' it will be more difficult for smaller businesses, but we can't have it all ways | | | |
| The Rake and Riddle. on 09:49 - Jan 4 with 316 views | JACKMANANDBOY |
| The Rake and Riddle. on 09:33 - Jan 4 by controversial_jack |
NI cost increases are not huge increases. Yes' they have to find more to pay, but that's better than increasing workers contributions. Many complain about NHS under funding, but then ko when taxes are raised in order to fund it. There are still many big companies and corps making huge profits, supermarkets and utility companies for example. Yes' it will be more difficult for smaller businesses, but we can't have it all ways |
I'm pleased you understand my explanation. Big businesses have a lot more flexibility than SMEs.
The risk here is that we end up losing more through SMEs than we gain from big business, we will find out soon. [Post edited 4 Jan 9:54]
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