Was only a matter if time for this to happen, this is going to snowball into next year as the idiots sort out the mess they allowed to happen...BREXIT ! then most likely get worse ! thanksfully I buy in Euro`s now.

 

Jeff

 

Edited September 8, 20178 yr by JeffTT

:sleep1:

Enjoy the sun Jeff.

Was only a matter if time for this to happen, this is going to snowball into next year as the idiots sort out the mess they allowed to happen...BREXIT ! then most likely get worse ! thanksfully I buy in Euro`s now.

 

Jeff

 

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I think a lot of these company's are going to use the excuse of brexit to hike their prices, they have been waiting for an excuse to get extra money from all of us some how and this is it.

I think a lot of these company's are going to use the excuse of brexit to hike their prices, they have been waiting for an excuse to get extra money from all of us some how and this is it.

 

Really you think? so if they are buying from abroad and given the value of sterling has nose dived on the international market since Brexit, are they to keep charging UK based customer the same amount even though it is costing them more ? don`t see your thinking there, can you elaborate ?

 

Jeff

:sleep1:

Enjoy the sun Jeff.

 

Sun what sun ?? too blinking hot to go outside to see it !! lol

 

Think I might buy some scuba gear so I can lie at the bottom the swimming pool to stay cool next year ..

 

 

Jeff

I think a lot of these company's are going to use the excuse of brexit to hike their prices, they have been waiting for an excuse to get extra money from all of us some how and this is it.

 

There's some truth to this tbh. A company who is USD based purchasing from a Chinese manufacturer... Brexit hasn't actually occurred yet, currently currency variations are a reaction to instability in the market and investment in various currencies. I'm sure we all understand how this trading works. The USD is strengthing at the moment as the current president is seen as more pro buisness than his former. Brexit is a pretty small factor in global currency markets at present. Much bigger fears could cause a complete upturn in values.

Sterling is now down against the Dollar since the referendum by only 6 cents, profiteering in all sectors of the market is rife, this is no exception....although, I've never heard of anyone using K-sport as the norm and maybe their purchasing power is particularly weak or market strength not particularly great!

 

Running a Zed like any other "classic" is never going to be cheap whether your seeking to maintain the car to the highest specification or otherwise.

Sterling is now down against the Dollar since the referendum by only 6 cents, profiteering in all sectors of the market is rife, this is no exception....although, I've never heard of anyone using K-sport as the norm and maybe their purchasing power is particularly weak or market strength not particularly great!

 

Running a Zed like any other "classic" is never going to be cheap whether your seeking to maintain the car to the highest specification or otherwise.

 

 

Driftworks are a UK company so the weak sterling is effecting their purchasing costs, and as Stephen said above Brexit has not actually been implemented yet but the fall out from the vote and the events since is real and hurting many companies.

 

K-Sport and D2 brakes kits have been very popular the past ten years or so, many members here have them fitted.

 

Jeff

Then this is specific to a couple of specialist suppliers in a very small market place. The reality of the "vote" is that many business sectors including manufacturing in the UK are benefitting substantially with the devaluation of sterling against the euro and USD as they are finding themselves more competitive.

 

The UK would serve itself better by manufacturing more products than simply importing and distributing as they are always open to more external risks with less control over product and market. Brexit is a challenge and across the board we have a very poor political framework to reach a short term satisfactory arrangement , but Europe is belligerent to our position yet our economy remains strong and Europe weak so don't blame the Brexit vote for the outcome of sterling, which had already been devalued to a greater extent proceeding the referendum than after it.

 

If a company has held its prices for five years, then for five years its market has stagnated leaving it open to greater financial risk when affected by foreseen or unforeseen circumstances.

Then this is specific to a couple of specialist suppliers in a very small market place. The reality of the "vote" is that many business sectors including manufacturing in the UK are benefitting substantially with the devaluation of sterling against the euro and USD as they are finding themselves more competitive.

 

The UK would serve itself better by manufacturing more products than simply importing and distributing as they are always open to more external risks with less control over product and market. Brexit is a challenge and across the board we have a very poor political framework to reach a short term satisfactory arrangement , but Europe is belligerent to our position yet our economy remains strong and Europe weak so don't blame the Brexit vote for the outcome of sterling, which had already been devalued to a greater extent proceeding the referendum than after it.

 

If a company has held its prices for five years, then for five years its market has stagnated leaving it open to greater financial risk when affected by foreseen or unforeseen circumstances.

 

Wow that is an overly simplified viewpoint, how can the UK manufactures be more competitive when Sterling is devalued and the manufacturers are buying their raw materials from abroad paying with devalued currency ?

 

Saying that it has to be accepted that there is little chance that manufacturing will increase as the UK now is a country full of warehouses and distribution bases full of imported goods, this is what industry is on the increase, but wait the bubble may of burst on that now.... it is going to get much worse yet.

 

Jeff

Wow that is an overly simplified viewpoint, how can the UK manufactures be more competitive when Sterling is devalued and the manufacturers are buying their raw materials from abroad paying with devalued currency ?

 

Saying that it has to be accepted that there is little chance that manufacturing will increase as the UK now is a country full of warehouses and distribution bases full of imported goods, this is what industry is on the increase, but wait the bubble may of burst on that now.... it is going to get much worse yet.

 

Jeff

 

Over simplified? what is this forum Jeff? I am giving a simple quick take on your generalised assumption of the UK market based upon a couple of specialist low volume distributors of foreign goods, following a UK vote to leave the EU single market. It has nothing to do with world markets , new markets or new industry that may or may not arise from it. It's down to our business sectors to realise the changes that will come about and act upon them, whether that means retaining exiting business models and practices or changing them.

 

Indeed some businesses simply won't succeed as we go further down the road to unsaddling ourselves from the misery of European fiscal regulations on foreign trade that have deprived the UK of extending its skills and services to greater world markets, but that has always be the case in recessions that have been facilitated as a direct result of being a part of the European single market.

 

The reason why some areas of manufacturing have become more competitive since devaluation of sterling is, whilst the cost of some raw materials may have increased, the latest and continuing figures from the OFS have shown that the sector has become more competitive with manufactured exports.

 

Simplified or not, we continue to meet changes the UK market presents and the quicker people working and earning their living from the UK get on board with the situation then the better the long term situation will become, I don't believe those who voted for Brexit believed the short term would be easy, merely that the long term prospects represent a greater opportunity for the UK than continuing with ever increasing governance of the United states of an unelected Europe!

 

Enjoy the Portuguese Sun Jeff i'm off to work again early tomorrow, practising what I preach.

Ok, you have a good nights rest, you going to need it for tomorrow I can see.

 

Jeff