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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To think Rachel Reeves is to blame for this:

29 replies

Newhorse · 19/02/2025 15:18

https://trakke.co.uk/?srsltid=AfmBOor94vaOp85630tAO1TGmdvKyldE06CkeuQSNmZjb3guPDYZZohX

Such a great company, and so many like this company can no longer survive in Britain supporting British jobs.

Whilst RR is sucking up to the Chinese to make the most of cheap manufacturing in a country with a terrible human rights record, and no attempt at ‘net zero’ using electricity from polluting coal-fired power stations on instead of supporting British manufacturers.

https://www.bbc.co.uk/news/articles/cqx9jggw9ndo.amp

It makes me so so sad.
RR and the government are complete hypocrites.

OP posts:
pizzaHeart · 20/02/2025 09:01

I never heard of them but if their rucksacks were around £170 as some mentioned, I wouldn’t be surprised about their closure.

howshouldibehave · 20/02/2025 09:06

Such a great company

Really?! They sold very overpriced ugly bags-I think that gig was always going have its days numbered.

I don't think you can blame the Labour Party for this one 😂

80smonster · 20/02/2025 09:15

pointythings · 20/02/2025 08:47

When you have a country whose public services and infrastructure have been allowed to rot by the previous incumbents, it's going to cost to fix it.

Unfortunately public services will have to fixed in the long term by tax rises, not borrowing. Sadly we do not have a sufficient number of net tax contributors in the UK, which means those who pay more than in tax than the services they use. Until this is addressed meaningfully, we will continue to see under-funded public services. In Scandinavian country’s lower waged staff pay a much larger proportion of tax, which is likely the direction we are headed. Large families living on small incomes boosted by Universao Credit, for example, are a major burden to the overstretched state.

Clavinova · 20/02/2025 18:48

BIWI · 20/02/2025 08:56

Er - well of course it did! But that company gained as well as lost. It's wrong to say that they just lost. Their assets grew post Covid just did their liabilities so they profited as well as lost.

Edited

Er - it was you who claimed their problems started in 2021. All I can tell from your link is that Covid had an impact in 2020 - I'm assuming they borrowed more that year but unfortunately the link doesn't tell us much else. We don't have any info after March 2024 either.

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