Companies going into administration - Page 2

moiraf100 · 03-01-2009, 01:20

I bought one of those 50 batteries for Ã‚Â£1 pack, and was able to sell 5 working watches on ebay..

Charlie_Bubble · 03-01-2009, 02:14

Quote:

Originally Posted by Julian

It would be great to see the end of chav magnets like Home Bargains.

Never heard of them.

Chrysalis · 03-01-2009, 09:18

any high street retailer who typically sells non essential goods is at risk for sure.
anyone who is a mass importer as well.
people who export might even be better off recently since sterling has collapsed.

Osem · 14-01-2009, 15:31

It's not looking great over the pond either:

http://www.reuters.com/article/ousiv...50C7RV20090114

Russ · 14-01-2009, 15:34

The Chavs' favourite could in trouble too...

http://beta.news.sky.com/skynews/Hom...ke_In_The_Firm

sherer · 14-01-2009, 16:03

sometimes I think these stores only have themselves to blame for going bust. The other week I was after getting some gloves to help me with the cold weather. I went into House of Fraser, Next and a few other shops all with money on me ready to spend and none of them even sold gloves.

This has happened to me a few times where I have money to spend and what seems like a normal item can be really hard to find.

I'm still not convinced about all these so called money problems, i'm earning the same money as last year, i'm not really noticing any goods being that much more expensive, if at all, than last year and i've already got two holidays booked despite the Euro and Dollar rate dropping. I don't know anyone who is struggling either nor when I have asked to find friend of friends no one else knows anyone who has any money problems either.

etccarmageddon · 14-01-2009, 16:39

it's service that makes the difference - if a shop/restaurant gives poor service then you dont go back and eventually they might go out of business.

**Hugh** · 14-01-2009, 21:07

Nortel have filed for Chapter 11 - great, as all our network equipment (lots and lots of it) is Nortel.

rogerdraig · 14-01-2009, 21:25

hmm didnt see that one coming

ntluser · 14-01-2009, 21:28

I have noticed that a lot of shops are displaying a lot less stock as they cannot afford to have cash tied up in unsold stock.

Shops seem to have fewer assistants and prices are being dropped dramatically to increase cashflow.

Shoppers are tending to spend less and when they do it tends to be in small amounts.

Workers are cutting down their expenditure just in case they are made redundant.

Similarly, a lot of people are ploughing any spare cash they have into paying off their mortgages while they can.

People with large debts on credit cards are doing what they can to pay them off to avoid the worse of the recession.

The government needs to keep people in employment.

As a country we need to be more self-reliant and independent, doing more to develop the infrastructure particularly in manufacturing, agriculture and fisheries.

We need to produce our own food & fuel & develop our own facilities e.g. in recycling rather than rely on foreign countries.

It will be interesting to see how things develop and if the politicians and entrepreneurs are up to the task.

Osem · 14-01-2009, 21:48

Quote:

Originally Posted by foreverwar

Nortel have filed for Chapter 11 - great, as all our network equipment (lots and lots of it) is Nortel.

See my post above

**Hugh** · 14-01-2009, 21:55

Quote:

Originally Posted by Osem

See my post above

Doh!

Didn't click the link.

<my bad>

I will retire to a darkened room with my service revolver, and do the honourable thing.

Osem · 14-01-2009, 22:06

Quote:

Originally Posted by foreverwar

Doh!

Didn't click the link.

<my bad>

I will retire to a darkened room with my service revolver, and do the honourable thing.

lol - Now don't do that! However if you have any influence within the upper echelons of political society could you work on getting Gordon to instead?....

**Hugh** · 14-01-2009, 22:08

Quote:

Originally Posted by Osem

lol - Now don't do that! However if you have any influence within the upper echelons of political society could you work on getting Gordon to instead?....

I have suggested it frequently, and even offered to supply the equipment.

Since then, however, there have been strange men sitting outside the house in darkened cars, strange noises during telephone calls, and if I mention this to anyone online, my internet suddenly cuts o

Osem · 14-01-2009, 22:47

Quote:

Originally Posted by foreverwar

I have suggested it frequently, and even offered to supply the equipment.

Since then, however, there have been strange men sitting outside the house in darkened cars, strange noises during telephone calls, and if I mention this to anyone online, my internet suddenly cuts o

we can but dream..........