Price Increases of Some Electricals Double following Brexit

Discussion in 'General TV Discussions Forum' started by hodg100, Oct 31, 2016.


    1. hodg100

      hodg100
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    2. millfield

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      Brexit is the latest excuse for anyone to increase their prices, we are known as Treasure Island.
       
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    3. GadgetObsessed

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      Given that most electronics are imported and the fall in sterling since the Brexit vote - price hikes in the region of 15% would seem reasonable. Companies like John lewis have already said that their prices will go up at the end of the year once their currency hedges expire.
       
    4. Toon Army

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      Black Friday and the Xmas/Boxing day sales could provide even greater value this year before the price hikes fully kick in.
       
    5. Smurfin

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      Do you not understand how the currency markets work?
       
    6. Frisian

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      He makes a valid point. When they introduced the euro you saw all kinds of rediculous price hikes because everyone was confused by the exchange rate. You can't put a price tag on sovereignty and a weaker pound also increases export. You'll be better off in the long run.
       
    7. MikeTVMikeTV

      MikeTVMikeTV
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      My only real electronics purchases this year has been the Xbox 1s, and that was £249 with a game, which is the cheapest console ive ever purchased.

      And a new laptop for the Mrs as her works one is knackered, paid £229 for a pretty decent spec, i3, 8gb, 1TB .

      So im going to put my fingers in my ears and ner ner ner cant hear you.

      But yeah, have a mooch around certain premium items do seem a bit more expensive.
       
    8. Rob20

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      I noticed the higher prices for Apple's iPhone 7 range, (vs the previous year), and just recently they increased the price of their iMacs. For example, the mid range 27" has gone up from £1,600 to 1,950!! An increase of £350 or roughly 22%. Dixons at STN airport still had them for £1,500 so in a moment of rashness I bought one. Initially I thought I might sell it on.....then I thought it would be a nice upgrade from a 10 year old laptop!
       
    9. GadgetObsessed

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      That is something that I have been thinking too. Although strangely we are now talking about value relative to future price rises rather than value relative to current prices.

      In the future we may look back on the time up to the end of 2016 as the "golden years" for AV buying. :)

      Just another cost to add to the price of "Sovereignty".
       
    10. Dodgexander

      Dodgexander
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      I just love how we gave the public the right to vote so now our money is worth less :clap:
       
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    11. geogan

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      A lot of what I buy is from the UK, and now your currency is gone down so much, it's currently much cheaper to buy gear from the UK websites.

      Just a few days ago bought an NVidia Gigabyte GTX 1070 Extreme and costing me €527 in total before shipping. It was £470 in Sterling.

      On September 6th it would have cost me €561 for the same £470, so drop of €34.

      And on January 1st of this year, £470 would have cost me €638, which is €111 more than now for same thing...
       
    12. mike7

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      Why are people surprised by this? Before they voted for Brexit did they not consider where many of the products in their homes come from? As well as electronic goods there are electrical appliances, clothing, furniture, toys etc, etc which are usually manufactured overseas. Traditional 'British' branded stuff with names like Bush, Dyson etc. are also manufactured elsewhere.

      Even if the UK electronics manufacturing industry, for which I worked for a fair proportion of my career, was miraculously revived we could never match the sort of prices we have been used to, or dare I say, the quality and reliability. Like it or not we are going to have to get used to higher prices for the products we love. What we are beginning to see now is the thin end of the wedge. Making individual trade agreements with all these manufacturing countries is going to a long and tortuous process and most of them are so advanced that they simply do not need what we have to offer in exchange.
       
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      Last edited: Nov 1, 2016
    13. GadgetObsessed

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      Good to see that the fall in sterling is at least benefiting some AVForums users.
      Back in the good old days (pre Brexit vote :) ) I ordered some items from Amazon France and Gemrany when their prices were significantly lower than in the UK.
       
    14. simsini

      simsini
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      We knew this would happen, but we don't really care. There should be no price on having our own government making our laws and us controlling our borders and territorial waters, as well as our Supreme Court actually being supreme.
       
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    15. kristoffer

      kristoffer
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      In Denmark Rega prices have been lowered by a fair bit because of Brexit.
       
    16. Derek S-H

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      What does this actually mean?

      "Borders" and "territories" are fabricated concepts, they don't actually exist. But that's alright because ignorance and stupidity is okay and Leavers don't care anyway.
       
    17. GadgetObsessed

      GadgetObsessed
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      I am not sure everyone will agree with that.

      To me, not having access to the free market (and most importantly the loss of passporting rights for services) is too high a price to pay for having control of borders, powers of the supreme court.

      Having the price of gadgets go up in the UK is the worst possible kind of disaster - the kind that negatively affects me! :)
       
    18. simsini

      simsini
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      Ignorance and stupidity is having open borders. Some of us don't want to be part of a race to the lowest common denominator.

      If there were truly open borders worldwide, there would be World War III in a matter of months.
       
      Last edited: Nov 1, 2016
    19. simsini

      simsini
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      Actually the Samsung TV I'm interested in, which is the KS7000, went down £200 today. :)
       
    20. Jek99

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      Ahh the illusion of democracy in action!
       
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    21. Jek99

      Jek99
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      Of course isolationism has worked perfectly in the past.
       
    22. Derek S-H

      Derek S-H
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      Look, I don't know you or know anything about you and I'm sure you're a lovely bloke. But seriously, you sound like an editorial from the Daily Fail.

      I once went to visit my then girlfriend in Eire. We were walking along a beautiful country lane when she suddenly said, "There's the border with Ulster". I looked across expecting to see men with guns, watchtowers, barbed wire and barking dogs. The "border" was a hedge.

      All governments have their own agenda and once they start using made up terms like "freedom", "patriotism" and "duty" I immediately lose interest.

      What do we mean by "control" anyway? I think you're referring to a concept of ownership, but how can you own water or air? It's just bizarre.
       
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    23. simsini

      simsini
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      Yeah, 'isolationism' is controlling your borders like most countries around the world. :-D
       
    24. Jek99

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      Some would say that false ideas of importance based on fictional nostalgia are more dangerous to world security. How many enlightened countries feel the need to put "Great" in their nations name. There is a song called "Anthem" from the musical "Chess" which explains this perfectly
       
    25. simsini

      simsini
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      You actually used the term 'Daily Fail'.
       
    26. Jek99

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      And which nation flourished economically under the ideology?
       
    27. simsini

      simsini
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      Some would say that, they'd be entirely wrong of course.
       
    28. Jek99

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      The drop in the pound will benefit big multi nationals whose worldwide earnings become worth more in sterling, whereas people on low incomes who want to buy food or electricals pay the price. Is that fair?
       
    29. Jek99

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      There is no such thing as right or wrong, there is only opinion
       
    30. splobber

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      Given most of the electronic goods you buy in terms of AV kit are produced outside of the single market, being a member of the EU means tariffs are slapped on non-EU producers to protect inferior European made products from external competition. Theoretically, if the UK can negotiate a FTA with, say, South Korea - which it cannot do as a member of the EU - then your Samsung TV's will decrease in price as they won't be subject to import tariffs.

      Currency fluctuations are a separate issue. Sterling has been slowing down against the dollar and Euro long before the Brexit vote took place, the market just got jittery when it happened and accelerated it. What a weaker pound gives is a boost to exporters and makes tourists money go further.

      It will recover, or other nations will devalue their currency to stimulate imports, particularly to the UK as we are one of the most important consumer driven economies on the planet.
       

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