Thread: Screw F**ed
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Peter Crosland Peter Crosland is offline
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Default Screw F**ed

"Rob G" wrote in message
...
On 20 Sep, 12:51, "Peter Crosland" wrote:
"Rob G" wrote in message

...
On 20 Sep, 07:44, "Peter Crosland" wrote:

"Bertie Doe" wrote in message


...


New catalogue compared with previous shows an increase of 25% on bulk
screws and fixings. It's not SF's fault - with the £ in freefall,
anything
that's made abroad is rocketing in price.


Against what currency? The pound has not dropped that much against the
US
dollar.
If the dollar is now at $1.60 to the pound and was near enough $2 a
year ago, then that's a 20% drop isn't it, which is near enough the
price change ?


It is actually around 12% diference.

Peter Crosland


Umm ... 200 - 160 = 40; 40/200 = 0.2 which is 20%. No wonder the
world's finances are in such poor shape when the modern generation
can't even do sums like this in their heads.


In actual fact the £ was worth about $1.41 a year ago so it has actually
appreciated against the $ rather than fallen during the last year! As I am
aged 62 I don't think I can be regarded as modern generation so your
assumption is just as wrong as the OP's was.

Peter Crosland