Tomorrows Leter From Retailers

[DYLANGT7]

oh and increased costs in an independent scotland cos its a different country? give me strength. Aldi and lidl are two of the cheapest supermarkets and they operate out of a completely foreign country.

I plainy said in my message - that i wasnt saying these costs would be passed on to the consumer. No one can predict that. I can imagine some shady companies using it as an excuse to in the future.

But its an undeniable fact that operating in a country has lost of associated costs, split that country in 2 and the costs increase.

Simply put in my job if its a YES I would have to produce 2 sets of financial statements to comply with 2 differing sets of financial rules for whats essentially the same business as before. While that may not double my work it will definetly increas the hours i do or they recuit someone else to do it- either way there is an additional cost attached. repeat that exercise for HSSE regs,and everyother type of red tape business deals with and the costs add up.

And I'm not saying they wont deal with it if it happens, I'm just saying they are actualy being honest as saying, Yes costs will increase.

[thplinth]

Are Aldi or Lidl raising prices? Because at the moment they are giving the main supermarkets a fukking hiding. I if anyone thinks they are about to raise prices you are mistaken. More bollox.

Edited September 12, 2014 by thplinth

[tomtscotland]

I plainy said in my message - that i wasnt saying these costs would be passed on to the consumer. No one can predict that. I can imagine some shady companies using it as an excuse to in the future.

But its an undeniable fact that operating in a country has lost of associated costs, split that country in 2 and the costs increase.

Simply put in my job if its a YES I would have to produce 2 sets of financial statements to comply with 2 differing sets of financial rules for whats essentially the same business as before. While that may not double my work it will definetly increas the hours i do or they recuit someone else to do it- either way there is an additional cost attached. repeat that exercise for HSSE regs,and everyother type of red tape business deals with and the costs add up.

And I'm not saying they wont deal with it if it happens, I'm just saying they are actualy being honest as saying, Yes costs will increase.

The logic of your analysis is that costs would have to go up in both countries

[DYLANGT7]

Who's to say that all t

Who's to say that all the costs that you list wont be cheaper in Scotland than the UK? I am enjoying hearing another side to the argument, but at this late stage, and because of the NO's disgraceful tactics, I say boycott them all. They want to stop us having our independence, they are now the enemy.

As i sad no one can say, there is so much undecided. as i mentioned if a Scottish Govt set an aggresively low Corp. Tax that would more than offset the additional costs.

But that brings lower tax revenue and runs the risk of the irish model, where they only managed to attract the "shell Co's" (Amazon, Google etc) and no actual jobs or real benefit.

[Hessen]

And I'm not saying they wont deal with it if it happens, I'm just saying they are actualy being honest as saying, Yes costs will increase.

I don't believe honesty is playing any part in their announcements

[thplinth]

Telco are issuing repeated profit warnings and are losing ground to the discounters. There is a price war coming, already started in fact. Up is down and black is white, we are through the looking glass.

[Orraloon]

The logic of your analysis is that costs would have to go up in both countries

Aye, but it will be all our fault for voting YES so we will end up paying more than our fair share. So, nae change there then.

[DYLANGT7]

The logic of your analysis is that costs would have to go up in both countries

we arent talking countries we are talking any Business. its really simple. At the moment RBS produce one set of financial Accounts. post YES vote they now have to produce 2

thats additional work for teams of people, therefore additional costs. and yes they already do that the world over, its the price of trading globally and they more than recover the costs.

BUT the point here is they have a choice to influence whether there Admin costs go up or not. they have a duty to protect profits.

The timing isnt suspect, its self interest. All these companies have done their costs analysis well in advance. They knew the results but hoped they wouldnt have to admit them.

now that the polls are close - they have to come out and protect their bottom line, even if it means their will be an element of inevitable backlash from the loonies who are intolerant

of others who hold a differing opinion to themselves

[Orraloon]

we arent talking countries we are talking any Business. its really simple. At the moment RBS produce one set of financial Accounts. post YES vote they now have to produce 2

thats additional work for teams of people, therefore additional costs. and yes they already do that the world over, its the price of trading globally and they more than recover the costs.

BUT the point here is they have a choice to influence whether there Admin costs go up or not. they have a duty to protect profits.

The timing isnt suspect, its self interest. All these companies have done their costs analysis well in advance. They knew the results but hoped they wouldnt have to admit them.

now that the polls are close - they have to come out and protect their bottom line, even if it means their will be an element of inevitable backlash from the loonies who are intolerant

of others who hold a differing opinion to themselves

Do they now only operate in one country? That global recession must have been worse than I thought. You dinae half haver some shyte min.

[Hessen]

If that means RBS staff have to work twice as hard to earn their bonuses then that's a good thing. The timing is completely suspect, not particularly with RBS, but the retailers et al.

[Redz]

Do they now only operate in one country? That global recession must have been worse than I thought. You dinae half haver some shyte min.

The power of restraint you demonstrate on occasion is feckin commendable to say the least!

[Maq]

Do they now only operate in one country? That global recession must have been worse than I thought. You dinae half haver some shyte min.

Exactly what I was about to type! Load o pish!

[mariokempes56]

of inevitable backlash from the loonies who are intolerant

of others who hold a differing opinion to themselves

Its fuk all to do with having a different opinion - they are doing as Westminster bids - they do not NEED TO SAY ANYTHING. They are companies and not individual.

And I am not an intolerant loony.

[Orraloon]

Its fuk all to do with having a different opinion - they are doing as Westminster bids - they do not NEED TO SAY ANYTHING. They are companies and not individual.

And I am not an intolerant loony.

I agree, I have always found you to be very tolerant.

[mariokempes56]

I agree, I have always found you to be very tolerant.

FUK OFF

[Red Label]

I plainy said in my message - that i wasnt saying these costs would be passed on to the consumer. No one can predict that. I can imagine some shady companies using it as an excuse to in the future.

But its an undeniable fact that operating in a country has lost of associated costs, split that country in 2 and the costs increase.

Simply put in my job if its a YES I would have to produce 2 sets of financial statements to comply with 2 differing sets of financial rules for whats essentially the same business as before. While that may not double my work it will definetly increas the hours i do or they recuit someone else to do it- either way there is an additional cost attached. repeat that exercise for HSSE regs,and everyother type of red tape business deals with and the costs add up.

And I'm not saying they wont deal with it if it happens, I'm just saying they are actualy being honest as saying, Yes costs will increase.

But you and all the other scarer's are suggesting that the added costs will only be added to iScotland's account, where as in reality the added costs will be shared/spread pro-rata across both/all operating jurisdictions..

[DYLANGT7]

Do they now only operate in one country? That global recession must have been worse than I thought. You dinae half haver some shyte min.

you know fine well i'm talking for the UK ..but continue to play the man and not the ball

[DYLANGT7]

But you and all the other scarer's are suggesting that the added costs will only be added to iScotland's account, where as in reality the added costs will be shared/spread pro-rata across both/all operating jurisdictions..

I'm not and i said that in my iniital email, you cant even assume which way i intend to vote...I'm just saying everyone on here is denying there are added costs which there will be its inevitable and shouldnt be denied. so to jump up and boycott etc is just not living in the real world -just like all the politicans involved, the impacted businesses are only self intersted.

given we have no detail to go on, they will allways play the odds and stick with what they know as a certainty. If they were promsied lower Corp Tax, lower rates etc they would be back in flash and the extra costs are worth it

[ShedTA]

I plainy said in my message - that i wasnt saying these costs would be passed on to the consumer. No one can predict that. I can imagine some shady companies using it as an excuse to in the future.

But its an undeniable fact that operating in a country has lost of associated costs, split that country in 2 and the costs increase.

Simply put in my job if its a YES I would have to produce 2 sets of financial statements to comply with 2 differing sets of financial rules for whats essentially the same business as before. While that may not double my work it will definetly increas the hours i do or they recuit someone else to do it- either way there is an additional cost attached. repeat that exercise for HSSE regs,and everyother type of red tape business deals with and the costs add up.

And I'm not saying they wont deal with it if it happens, I'm just saying they are actualy being honest as saying, Yes costs will increase.

Ok all fair enough. And the timing of these announcements? Absolutely despicable.

[exile]

BBC is kindly reporting in advance that retail bosses 'plan to publish a letter'

http://www.bbc.co.uk/news/uk-scotland-scotland-politics-29169114

I guess they won't forget to report it again, when the letter is published?

[DYLANGT7]

Ok all fair enough. And the timing of these announcements? Absolutely despicable.

as i say the polls have forced their hand, till now they been able to keep schtum and not get involved as it was going there way.

Now its in their interest to speak up. Its not some tory consiparcy its common sense - from there point.

[Hessen]

as i say the polls have forced their hand, till now they been able to keep schtum and not get involved as it was going there way.

Now its in their interest to speak up. Its not some tory consiparcy its common sense - from there point.

Absolute tosh

[ShedTA]

as i say the polls have forced their hand, till now they been able to keep schtum and not get involved as it was going there way.

Now its in their interest to speak up. Its not some tory consiparcy its common sense - from there point.

No I still don't get it. Why have the polls suddenly forced their hand? Just because yes is in with a shout? Any respectable business would have cascaded their intentions to shareholders long ago. The current bunch are doing this cos Cameron has told them to and as I say it's disgraceful behaviour. Knowing they may have an influence on the democratic process and still doing so is disgusting behaviour. The people running these companies should be ashamed.

[DYLANGT7]

No I still don't get it. Why have the polls suddenly forced their hand? Just because yes is in with a shout? Any respectable business would have cascaded their intentions to shareholders long ago. The current bunch are doing this cos Cameron has told them to and as I say it's disgraceful behaviour. Knowing they may have an influence on the democratic process and still doing so is disgusting behaviour. The people running these companies should be ashamed.

But its not their intentions...its a direct impact of a public vote that will impact their bottom line. Until now its looked liked it would be a no and they wouldnt have to take the political risk of showing their hand. Most businesses when asked have rolled out the line that its a matter for the people of Scotland...blah blah blah. All the while they knew from their costs analysis that if it was a YES they would be hit in the pocket. And from the ones we've spoken to they hope they can get away with passing that cost on to the end customer, but as with everything the dont want to be the one saying that and they'll wait and see how the rest of the market reacts.

You are right they should be ashamed, but only because they are greedy corporate entities - not because the timing of the announcements doesnt suit the your or the wider YES agenda.

[faddyisyerdaddy]

But they don't actually know that they would be hit in the pocket do they? Do you know what this reminds me of?

The "four SPL clubs will fold by Xmas" Shi-ite we were fed by the media in the wake of Rangers collapse. Ps not having a go at any bears reading.