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Old 06-03-2018, 21:40   #71
1andrew1
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Re: House of Fraser in trouble...

Quote:
Originally Posted by Chris View Post
Those days only disappeared for a short while, in the 1970s. Don’t believe the hype; the UK’s manufacturing output may be relatively smaller than other sectors of the economy now than 50 years ago but that’s for a variety of reasons, most of them quite positive. Go have a quick read of this:

https://www.themanufacturer.com/uk-m...ng-statistics/

The UK is one of the top 10 manufacturing economies of the world. I think that still fits the definition of ‘a true world manufacturing great’.
Great link - the UK is still a great manufacturing country, but because a lot of it is business to business, consumers don't see it. They just see the clothes made in Bangladesh and the phone made in China. Not the lorries made in Lancashire or the steel from South Wales.

Meanwhile, back to House of Fraser with the news that its main shareholder has sold its controlling stake to a tourism development company named Wuji Wenhua. http://www.independent.co.uk/news/bu...-a8241931.html

And at Debenhams, it's now renting out space to hot deskers! https://www.theguardian.com/business...to-hot-deskers

Last edited by 1andrew1; 06-03-2018 at 22:22.
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