|
||||||||
Brexit hits Pink wafer maker Rivington Biscuits as it goes into administration |
![]() |
|
|
|
Thread Tools | Search this Thread |
|
|
#1 |
|
Forum Member
Join Date: Mar 2003
Posts: 4,528
|
Brexit hits Pink wafer maker Rivington Biscuits as it goes into administration
Brexit hits Pink wafer maker Rivington Biscuits as it goes into administration cutting 100 jobs http://www.independent.co.uk/news/bu...-a7476881.html Quote:
Rivington Biscuits, the maker of Pink Panther wafers, has gone into administration, blaming the fall in the value of the pound following the Brexit vote. Crumbs!
The company, a key employer in Wigan, which voted to leave the EU by nearly 64 per cent, said will it cut 99 of its 123 staff, as a result. |
|
|
|
|
Please sign in or register to remove this advertisement.
|
|
|
#2 |
|
Forum Member
Join Date: Apr 2007
Posts: 9,782
|
Quote:
Brexit hits Pink wafer maker Rivington Biscuits as it goes into administration cutting 100 jobs
http://www.independent.co.uk/news/bu...-a7476881.html Crumbs! *post thread title, link to article don't bother voicing an opinion. Rinse and repeat. |
|
|
|
|
|
#3 |
|
Forum Member
Join Date: Aug 2008
Posts: 8,589
|
I'll just copy and paste the standard remainer reply to good economic news.
"Idiot, this can't be anything to do with brexit, we are still in the EU." |
|
|
|
|
|
#4 |
|
Forum Member
Join Date: Mar 2015
Location: A bunker
Posts: 5,964
|
Interesting the Indie only touches (and I mean doesn't even notice brushing past on the bus level of touches) the fact the company has been on the downhill and unlikely to survive path for quite a while and the currency situation has just sped up the almost definite inevitable (even the BBC reported that fact in their 'blame this on Brexit but we know we can't really' article).
|
|
|
|
|
|
#5 |
|
Forum Member
Join Date: Mar 2003
Posts: 4,528
|
Quote:
I'll just copy and paste the standard remainer reply to good economic news.
"Idiot, this can't be anything to do with brexit, we are still in the EU." |
|
|
|
|
|
#6 |
|
Forum Member
Join Date: Apr 2010
Posts: 15,093
|
Quote:
So what happened to the currency after the vote to leave the EU?
|
|
|
|
|
|
#7 |
|
Forum Member
Join Date: Mar 2003
Posts: 4,528
|
Quote:
The value of the pound dropped - an aid to exports.
|
|
|
|
|
|
#8 |
|
Forum Member
Join Date: Jun 2003
Posts: 97,151
|
Quote:
Brexit hits Pink wafer maker Rivington Biscuits as it goes into administration cutting 100 jobs
http://www.independent.co.uk/news/bu...-a7476881.html Crumbs! |
|
|
|
|
|
#9 |
|
Forum Member
Join Date: Apr 2010
Posts: 15,093
|
Quote:
And so for imports?
![]() (I realise it's a lost cause). |
|
|
|
|
|
#10 |
|
Forum Member
Join Date: Mar 2009
Location: It's Grim
Posts: 24,412
|
Any political decision has positives and negatives, that's what grown-ups understand when they vote for something.
Vote Tory and get Social Armageddon! But people did it because they used to believe the Tories can fix the economy. Vote Labour and get a Massive Debt! Again, because there was a belief that when we can afford it Labour were the party for social improvement. |
|
|
|
|
|
#11 |
|
Forum Member
Join Date: Mar 2008
Posts: 3,137
|
Quote:
Interesting the Indie only touches (and I mean doesn't even notice brushing past on the bus level of touches) the fact the company has been on the downhill and unlikely to survive path for quite a while.
Meanwhile Lidl is thinking of making the UK it's base. |
|
|
|
|
|
#12 |
|
Forum Member
Join Date: Mar 2014
Posts: 1,722
|
Quote:
So what happened to the currency after the vote to leave the EU?
Arghhh.......it was so nice and quiet without the remainers starting a new thread every minute. Now here they go again............... In any case, Rivington Biscuits were already in trouble before the drop in the pound, it's the straw that broke the camel's back. The product that they were selling, isn't exactly something people want any more, and people are more health conscious nowadays. I mean, pink wafer biscuits, scream bad health and pink food colouring, most people would just avoid buying such an item nowadays. It's one of the toughest markets to contend with, and their product wasn't following with the times, so it's hardly surprising that they had financial trouble. Even if the pound didn't drop, they would have been faced with the same situation in the near future. That's why saying it's Brexit's fault, is just ridiculous. |
|
|
|
|
|
#13 |
|
Forum Member
Join Date: Mar 2016
Posts: 811
|
Before Brexit, businesses never, ever failed.
|
|
|
|
|
|
#14 |
|
Inactive Member
Join Date: May 2011
Posts: 18,881
|
Quote:
Brexit hits Pink wafer maker Rivington Biscuits as it goes into administration cutting 100 jobs
http://www.independent.co.uk/news/bu...-a7476881.html Crumbs! |
|
|
|
|
|
#15 |
|
Forum Member
Join Date: Mar 2014
Posts: 1,722
|
Quote:
Hang on, wouldn't it fire everybody if it was going in to administration or will it keep going?
|
|
|
|
|
|
#16 |
|
Forum Member
Join Date: Aug 2000
Location: North London, UK
Posts: 28,064
|
Quote:
Any political decision has positives and negatives, that's what grown-ups understand when they vote for something.
Vote Tory and get Social Armageddon! But people did it because they used to believe the Tories can fix the economy. Vote Labour and get a Massive Debt! Again, because there was a belief that when we can afford it Labour were the party for social improvement. |
|
|
|
|
|
#17 |
|
Forum Member
Join Date: Dec 2005
Location: In a jar, on a shelf
Posts: 31,698
|
Quote:
I mean, pink wafer biscuits, scream bad health and pink food colouring, most people would just avoid buying such an item nowadays. It's one of the toughest markets to contend with, and their product wasn't following with the times,
|
|
|
|
|
|
#18 |
|
Forum Member
Join Date: Oct 2007
Posts: 696
|
But we haven't left yet
|
|
|
|
|
|
#19 |
|
Forum Member
Join Date: Aug 2007
Location: London
Posts: 4,901
|
This has about as much relevance to Brexit as a spats manufacturer going under in the 40s.
This has reminded me that I did used to like those old biscuits that were thin with hard pink icing. I never cared for wafers. |
|
|
|
|
|
#20 |
|
Forum Member
Join Date: Jan 2003
Location: London SW6
Posts: 37,581
|
Quote:
I'll just copy and paste the standard remainer reply to good economic news.
"Idiot, this can't be anything to do with brexit, we are still in the EU." |
|
|
|
|
|
#21 |
|
Forum Member
Join Date: Dec 2004
Location: Central London
Posts: 43,722
|
Quote:
Exactly the company sells Pink Panther wafer biscuits for pete's sake. I wonder if they still sell Fruity Pebbles cereal?
Meanwhile Lidl is thinking of making the UK it's base. And this isn't the first time Rivingtons have had issues , one wonders was Brexit to blame for them needing financial assistance in 2002, 2004, 2007 and is Brexit to blame for their losses in recent years before any vote and when its revenues were falling before the company called it "portfolio optimisation". |
|
|
|
|
#22 |
|
Forum Member
Join Date: Jun 2006
Posts: 40,361
|
Quote:
And McDonalds is moving its HQ here
And this isn't the first time Rivingtons have had issues , one wonders was Brexit to blame for them needing financial assistance in 2002, 2004, 2007 and is Brexit to blame for their losses in recent years before any vote and when its revenues were falling before the company called it "portfolio optimisation". Didn't you know that? I look forward to the Brexit prevents snow on Christmas Day thread in a weeks time.
|
|
|
|
|
|
#23 |
|
Forum Member
Join Date: Jun 2007
Location: 🇬🇧
Posts: 54,252
|
Make shit tier biscuits
Blame Brexit because no one wants to eat your shit tier biscuits any more. |
|
|
|
|
|
#24 |
|
Inactive Member
Join Date: May 2011
Posts: 18,881
|
Quote:
They are keeping some staff, a little over 20 of them, to fulfil their remaining and outstanding orders. Then they'll be let go too.
|
|
|
|
|
|
#25 |
|
Inactive Member
Join Date: May 2011
Posts: 18,881
|
Quote:
And McDonalds is moving its HQ here
And this isn't the first time Rivingtons have had issues , one wonders was Brexit to blame for them needing financial assistance in 2002, 2004, 2007 and is Brexit to blame for their losses in recent years before any vote and when its revenues were falling before the company called it "portfolio optimisation".
|
|
|
|
![]() |
|
|
All times are GMT. The time now is 11:40.




