Digital Village DV247

[paulears]

I've bought a fair bit of kit from Digital Village over the years, and was sad to see it go under. I've read little in the press about it, but the story is here.

[Simon Lewis]

I've bought a fair bit of kit from Digital Village over the years, and was sad to see it go under. I've read little in the press about it, but the story is here.

 

It's probably the most slick transformation seen for some time!

[chelgrian]

It's probably the most slick transformation seen for some time!

 

For me at least now I don't have my local Cambridge shop any more there's no real reason to order from dv247 rather than thomann, oh well.

[themadhippy]

From the linked article

 

We started to come under pressure from the bank to reduce our borrowings

Did I imagine the various news reports that the goverbent/bank of england have released millions of pounds for the purpose of providing loans to company's ,to try and kick start the economy.perhaps if the banks had been a bit more carefull in the past in deciding who they lent money to we wouldnt be in the mess we are at the moment.

In the words of the poet dell boy

"bankers, gangsters,varies *ankers hiding away the mother load"

[Bobbsy]

When in the UK I used to use Digital Village a lot and still use their web site quite often when researching gear even is 9000 miles of so mean I won't be dropping in to buy

 

Nice people and efficient operation in my experience--I wish them well in their rebirth.

[kerry davies]

I have used them as back-up suppliers for ages and they always did the business efficiently enough. Shame yet another UK company has been sold offshore by our wonderful banking system.

 

Hippy, you may be able to explain two things.

1) We taxpayers give banks billions at 0.25% and they buy gilts at 2.5% thereby lending us our own money while making 2% on it at no risk.

2) We actually GIVE banks billions at zero interest to lend to SME's at 18% and besides wanting 100% collateral they also fail to do what we gave them the money to do in the first place.

 

WHY?

[dbuckley]

If you are asking fundemental questions like that, then there is a documentary you ned to watch. Its a long watch, 48 minutes, but you may well learn a thing or two...

 

http://www.youtube.com/watch?v=jqvKjsIxT_8

[Paul J Need]

Brilliant Post David - a long watch indeed but worth watching.

[Just Some Bloke]

Moderation: Just a quick reminder that politics is a no-go area for the Blue Room. Posts so far have been interesting and ask good questions, but please be careful when considering them!

[stagemanagement]

Interesting new turn of events on this one from last month - looks like the creditors will have a harder time of it than JDC & co.........

 

 

DV Creditors Tax Bombshell

 

Edit: spelling!