iPhones are expensive, even more so if the purchase is not subsidised by your mobile phone company, and a lot of the cost (especially if you pay the full price) is Apple’s profit margin: at present an iPhone costs in the region of $330 to produce. The supply chain for a typical iPhone is vast […]
Tag: inflation
More retail woes
During 2020 I had written several blogs on the sorry state of the British high street. The main problem then was the lockdowns, but inflation was low, people got paid, be that their salary and wages or under the government’s furlough scheme. Fast forward two years and the situation is very different: inflation in the […]
Going to the dogs
The United Kingdom is definitely going to the dogs (and I obviously don’t mean the races). The Pound Sterling is literally collapsing against all major and even not so major currencies, while the prices of most goods and services in line with interest rates are in a steep ascent. Interest rates are now forecast to […]
The grumpy older man 