The middle class is in for a tax shock

[Troll]

95% of the profit of most products comes from the service side, 5% from the manufacture. (This figure comes from the BBC's Robert Preston who did a series examining the decline of manufacturing in this country).

Jaguar made £2.5billion profit from pressing bits of metal into shapes people want to buy
BAE did alright making ships & planes and stuff from lumps of metal albeit with some help from non manufacturing
Triumph motorcycles making money
Nissan UK doing alright
JCB £300m profit

Now it does take skill and resourcefulness in making a bit of metal into something and is certainly not as easy as clicking a button to buy or sell shares

Robert Preston meanwhile has never held a job making stuff & has always been a reporter so not sure what makes him qualified to comment

[NigelJK]

Jaguar made £2.5billion profit

yeah so roughly £125M of that was from

from pressing bits of metal

. The profit is meaningless on it's own, we need the yield to know how well it's working. BTW you do realise that they manufacture in a number of countries now? and that they are owned by Tata?

So the design cost nothing, sold no cars and didn't generate any other profit and people just walked up to the factory gates and bought them?

BAE did alright making ships & planes and stuff from lumps of metal

Balls. Most of BAE work is electronic circuit boards and software to drive it. The bit of metal attached to the ICBM, Air craft etc is the cheap bit put together by highly skilled engineers.

Nissan UK doing alright

After huge subsidies from the UK taxpayer.

clicking a button to buy or sell shares

Put you tin foil hat back on, those 'share' weren't conjured out of thin air. They may even belong to Jaguar (Tata), Bloor Holding Ltd etc.

The company that build the software to do that also made a profit ...

Robert Preston meanwhile has never held a job making stuff & has always been a reporter so not sure what makes him qualified to comment

You're living up to your screen name there pal.

https://en.wikipedia.org/wiki/Robert_Peston

He's more qualified to comment than you give him credit for.

So why does a line worker ('making stuff') have more to say on the running of a company than the directors or the economic forecasters or the investors?

[d000hg]

So the rich f**k the poor

Where's your evidence of this?

Thousands of years of history?

And whilst we're at it there are no more* 'poor' in this country

Are you livingi in a different country to the rest of us, or do you just mean you can't see any from your pad in the country? There are lots of poor, regardless how you define it.

[NigelJK]

Thousands of years of history?

That's you're evidence?

regardless how you define it.

Er, that's the point, how do you define it? I certainly don't include anyone who is living off the state.

[d000hg]

That's you're evidence?

Rather a lot of evidence, yes.

Er, that's the point, how do you define it? I certainly don't include anyone who is living off the state.

Why do you take such pride in your ignorance?

[MrMarkyMark]

One question to ask, if over history, the rich didn't feck the poor, how did they get so rich?

And, no, I'm no including those on benefits.

[d000hg]

You CAN get rich without screwing people over and exploiting them - but there are always people who are happy to get even richer by doing so.