Why is it that companies such as Raleigh found it cheaper to move abroad and import things back to Britain?

Question

That shouldn't be. What on earth could make that happen?

Answer 1

Company tax abroad can be as low as 10%.

In the UK its 28%

That, along with wages, raw materials, enegry costs and health and safety regulations soon puts the overheads sky high..

Answer 2

Have you seen the high wages needed by UK employees?

Answer 3

Short answer - wages and taxes.

The long answer starts with how the unions unrealistic demands meant that manufacturing in this country (UK) went down the tubes.

Answer 4

have you seen how little wages they get in parts of asia?

Answer 5

Wages my friend wages

Answer 6

Economics,Other large companies do the same,,Airfix now have all their products injection moulded in China and shipped back to the UK for packing and distribution,they can do this and still keep the price down for the kids,

Econmics is the reason,