OV9

Sundayjumper wrote: Mon Feb 27, 2023 1:23 pm

Mito Man wrote: Mon Feb 27, 2023 1:10 pm FTSE100 is a poor measure of UK economy anyway as over 2/3 of its sales are from overseas. Just means that companies which are listed here are having a good time abroad.

Largely because those overseas profits are in dollars (or whatever) and are now a higher number in £ because Sterling has tanked and we have nearly 10% inflation. It needs to have gone up 10% just to - effectively - break even.

duncs500 wrote: Mon Feb 27, 2023 4:43 pm I hope someone told him how long fresh veg lasts! Not much point in panic buying more than you can eat.

According to our local market trader there is no shortage of tomatoes etc. he claims it's just that the costs have gone above what supermarkets are willing to pay (or pass on to the customers I suppose). Seems like there might be some sort of stand off going on. I guess he would say that as he's no doubt anti-supermarket, but equally he was fully stocked... so who knows.

Sundayjumper wrote: Mon Feb 27, 2023 1:25 pm

Broccers wrote: Mon Feb 27, 2023 1:16 pm I am looking forward to the total sell out later today tho

Oh, do tell.

Swervin_Mervin wrote: Mon Feb 27, 2023 5:08 pm

duncs500 wrote: Mon Feb 27, 2023 4:43 pm I hope someone told him how long fresh veg lasts! Not much point in panic buying more than you can eat.

According to our local market trader there is no shortage of tomatoes etc. he claims it's just that the costs have gone above what supermarkets are willing to pay (or pass on to the customers I suppose). Seems like there might be some sort of stand off going on. I guess he would say that as he's no doubt anti-supermarket, but equally he was fully stocked... so who knows.

Same locally to us. No issues with supplies inot the local stores/markets/veg boxes - just supermarkets struggling. Ah well.

Broccers wrote: Mon Feb 27, 2023 5:12 pm

Swervin_Mervin wrote: Mon Feb 27, 2023 5:08 pm

duncs500 wrote: Mon Feb 27, 2023 4:43 pm I hope someone told him how long fresh veg lasts! Not much point in panic buying more than you can eat.

According to our local market trader there is no shortage of tomatoes etc. he claims it's just that the costs have gone above what supermarkets are willing to pay (or pass on to the customers I suppose). Seems like there might be some sort of stand off going on. I guess he would say that as he's no doubt anti-supermarket, but equally he was fully stocked... so who knows.

Same locally to us. No issues with supplies inot the local stores/markets/veg boxes - just supermarkets struggling. Ah well.

It's just bad planning by supermarket chains and their unwillingness to pay a decent amount for supply.

Gavster wrote: Mon Feb 27, 2023 5:13 pm

Broccers wrote: Mon Feb 27, 2023 5:12 pm

Swervin_Mervin wrote: Mon Feb 27, 2023 5:08 pm

Same locally to us. No issues with supplies inot the local stores/markets/veg boxes - just supermarkets struggling. Ah well.

It's just bad planning by supermarket chains and their unwillingness to pay a decent amount for supply.

It's not about planning, but it is about unwillingness to pay.

Broccers wrote: Mon Feb 27, 2023 5:11 pm

Sundayjumper wrote: Mon Feb 27, 2023 1:25 pm

Broccers wrote: Mon Feb 27, 2023 1:16 pm I am looking forward to the total sell out later today tho

Oh, do tell.

Check news.

Sundayjumper wrote: Mon Feb 27, 2023 5:17 pm

Broccers wrote: Mon Feb 27, 2023 5:11 pm

Sundayjumper wrote: Mon Feb 27, 2023 1:25 pm
Oh, do tell.

Check news.

FTSE100 is up 0.7% today. FTSE250 up nearly 1%. What news are you looking at ?


Screenshot 2023-02-27 171635.jpg

Broccers wrote: Mon Feb 27, 2023 1:16 pm

Mito Man wrote: Mon Feb 27, 2023 1:10 pm FTSE100 is a poor measure of UK economy anyway as over 2/3 of its sales are from overseas. Just means that companies which are listed here are having a good time abroad.

OK so if it went down then that would be because of Brexit, yes?

I am looking forward to the total sell out later today tho, meds at the ready

Sundayjumper wrote: Mon Feb 27, 2023 5:32 pm This. We were talking about FTSE. It wasn’t clear you’d changed topics.

Broccers wrote: Mon Feb 27, 2023 1:16 pm

Mito Man wrote: Mon Feb 27, 2023 1:10 pm FTSE100 is a poor measure of UK economy anyway as over 2/3 of its sales are from overseas. Just means that companies which are listed here are having a good time abroad.

OK so if it went down then that would be because of Brexit, yes?

I am looking forward to the total sell out later today tho, meds at the ready

Broccers wrote: Mon Feb 27, 2023 5:35 pm We're talking about Brexit. There was no FTSE news today. Is this really that difficult?

Broccers wrote: Mon Feb 27, 2023 1:16 pm

Mito Man wrote: Mon Feb 27, 2023 1:10 pm FTSE100 is a poor measure of UK economy anyway as over 2/3 of its sales are from overseas. Just means that companies which are listed here are having a good time abroad.

OK so if it went down then that would be because of Brexit, yes?

Gavster wrote: Mon Feb 27, 2023 5:12 pm Yup, supermarkets are really screwing us at the moment. They have upper price caps which they refuse to break and would rather have empty shelves than pay more. Normally, they would switch to other suppliers who can supply within that price range, however, we as a country are now the least attractive customer in all of Europe because of all the hassle getting food here, so EU suppliers literally cannot be fucked to send produce to the UK. Hence we get empty shelves.

Same with eggs. The only reason we have egg shortages is that packers and supermarkets won't increase their rates for producers, so producers stopped producing. We're on the cusp of exactly the same for milk too, processors have just reduced their price to farmers this month.