But does he really 'understand'?

MaizieD

If Shein doesn't comply with the listings rules then it's not a good thing at all. We can't have dodgy companies listed on the London Stock Exchange.

I'm not altogether sure how we benefit from the SE, anyway. How much of the 'wealth' that is made there actually benefit the UK as a whole?

(This might be a whole new rabbit hole for me to go down via Mr google 😁)

No idea (again), sorry. I was responding to Terribull's post where she said that there would be benefits to the Uk and the SM would be rejuvenated.

If that is the case and RR can facilitate that I can't see why she would be criticised, but as I say, I have no clue how these things work.

Pantglas2

MaizieD

If Shein doesn't comply with the listings rules then it's not a good thing at all. We can't have dodgy companies listed on the London Stock Exchange.

I'm not altogether sure how we benefit from the SE, anyway. How much of the 'wealth' that is made there actually benefit the UK as a whole?

(This might be a whole new rabbit hole for me to go down via Mr google 😁)

Noooo MaizieD. I need you to explain further…do I buy from Shein or not. I know they’re cheap (as are Temu…who R They?) but I’ve been resisting friends exhortations because it feels a bit dodgy…?

I’m trying to do the right thing (where I can) so are they dodgy?

I've no idea what is dodgy about them. They were refused listing on the US stock exchange so there must be something about their business practices that the US didn't like.

Their clothes? I don't have a clue about them 😁

There are a lot of very dodgy companies, it’s a real eye opener all you need do is look through background and directors at companies house. No names, trade with them online and your payment is processed in China, so China knows all about your bank details. The goods are sent direct which evades UK customs duty and VAT.

This is one of the reasons we cannot pay for the public services we want

What can China gain from being able to link a name and a bank account number? They don’t ‘know your bank details’ beyond that, and you can pay by PayPal or Apple Pay etc anyway.

I’ve bought things from Shein and Temu. Some of it is rubbish, but some is quite decent - you take your chance.

Always pay by PayPal, not because I don’t trust Shein and Temu but because that’s how I pay for anything online.

Yes, the companies are based in China but lots of the stuff we buy comes from China anyway. Buying direct from Shein / Temu is just cutting out the middleman e.g. Amazon etc🤷‍♀️

The real issue is we say we want high standards, ethics and lawful behavior from companies we buy from, but then buy from whoever is cheapest. Those that dodge taxes are going to be a lot cheaper and it’s easy to do, it’s not about cutting out the middle man it’s planned tax evasion.

it’s not about cutting out the middle man it’s planned tax evasion

Better not buy anything from Amazon then:

taxjustice.uk/blog/whats-amazons-tax-bill/

I still don't know how China can get your bank details from an online transaction, or what can be done with them.

Doodledog

I still don't know how China can get your bank details from an online transaction, or what can be done with them.

Not sure about bank details, but they like some other online companies sell on your details and you get bombarded with spam, and some of them are scams.

LizzieDrip

^it’s not about cutting out the middle man it’s planned tax evasion^

Better not buy anything from Amazon then:

taxjustice.uk/blog/whats-amazons-tax-bill/

I haven't bought anything from Amazon for years. It's possible to exist without doing so...

MaizieD

LizzieDrip

it’s not about cutting out the middle man it’s planned tax evasion

Better not buy anything from Amazon then:

taxjustice.uk/blog/whats-amazons-tax-bill/

I haven't bought anything from Amazon for years. It's possible to exist without doing so...

I hadn’t purchased a single thing from Amazon before the pandemic.

I am ashamed to admit that I do use them for things that I cannot find on notonthehighstreet.com

What MaizieD … possible to exist without buying from Amazon😱 Not in the Drip household!

What indispensable items are only available from Amazon?

I can get anything I want from other vendors. Even, oh horrors, from real live shops...

(though I have to admit that I have sometimes sorrowfully informed an author that I won't buy their book if it's only available on Amazon)

LizzieDrip

What MaizieD … possible to exist without buying from Amazon😱 Not in the Drip household!

Not in the Oreo household either.Amazon is a wonderful marketplace and if you have Prime you get things delivered free and fast.Yeah, you do pay for Prime of course but we use Amazon so much for goods that it’s really cost effective.I don’t have time to visit real shops for everything we need and you can make a trip to the shops and still not find what you want.

I use amazon a lot, because I'm not well enough to go shopping.

My neighbour lets me use her prime, so I dont pay for delivery.

MissAdventure

I use amazon a lot, because I'm not well enough to go shopping.

My neighbour lets me use her prime, so I dont pay for delivery.

Not everyone can get to the shops.

Even if you can struggle round shops, they don't always have the product you need. We did just that today and did manage to find what we wanted, but came home worn out!

I went to a local shop yesterday at 4.01 pm. She had just shut although the lights were still on and she shook her head at me and mouthed "Shut, sorry". I only needed one item so I came home and ordered it on Amazon.

Then local businesses wonder why they wren't supported.

A few years ago, I had a Henry vacuum, and I reckon travelled miles, looking for somewhere that sold the bags - I looked week after week.

Then I looked on ebay; not the Henry brand, but generic ones at £1.50 for 20!!

I don't use Amazon. I was tricked into signing up for Amazon Prime in 2012, used it for one year, refused to renew and have never used it since.
I don't like internet shopping; this is what has destroyed our High Streets, following on from Supermarkets. At present I am able to drive or walk to nearby shops and am fortunate in having a small county town nearby with a baker, butcher, greengrocer, bookshop, cookshop, hardware store, and two good supermarkets, several good clothes shops and a shoe shop; what it lacks is a good chemist. It is also inaccessible by bus from where I live, despite being only five miles away.

I have several shops I go to rather than shop online, but they all involve driving a distance e.g. B&Q moved, and went from a 10 minute drive to a 40minute each way trek down the motorway.
Then when you get there, they don’t have what you want unless you’ve preordered it. So once I’ve preordered it, it costs me about the same in fuel as the postage and no need for the journey.
We use Amazon too for things we can’t get locally, and for things we want to send as gifts. We share our Prime with DD.

Sorry, whether or not the shops are too far away, don't have what you want in stock or are shutting just as you get there, Amazon is not the only online seller.

I have a bit of a moral objection to further enriching a wealthy American who evades paying taxes on goods sold in the UK. And I don't like the way his employees are treated, either.

That's my choice, but really some of the reasons for using it are a bit pathetic...😁

They're the only online seller that is reasonably priced, I've found.

MaizieD

Sorry, whether or not the shops are too far away, don't have what you want in stock or are shutting just as you get there, Amazon is not the only online seller.

I have a bit of a moral objection to further enriching a wealthy American who evades paying taxes on goods sold in the UK. And I don't like the way his employees are treated, either.

That's my choice, but really some of the reasons for using it are a bit pathetic...😁

I shouldn’t think most people care about what one person thinks of Amazon or reasons they use it.
It’s brilliant to use and you get the goods quickly with a great choice, better than any other online marketplace/ service.
Your choice not to use it, my choice to use it.

Your choice not to use it, my choice to use it.
That’s about it really. My choice too.
It’s the government’s job to deal with non-payment of tax.

Sorry, whether or not the shops are too far away, don't have what you want in stock or are shutting just as you get there

Or you can't physically walk round them

Yes, other retailers are available online.

And they charge to deliver.
Nope.