Tag Archive for ‘Recession’
“British jobs for British workers”
Image via Wikipedia Remember that phrase from our Brownian leader. Well, I guess his tune is changing yet again and Lord Mandy is advising him that it was an ill advised and ridiculous statement. We are seeing demonstrations at Grangemeouth and the French going on strike and at the heart of the demonstrations is the [...]
Green Shoots: Margaret Beckett
Image via Wikipedia Unbelievable! Having spent months talking the economy down and saying that it is all going to be a disaster because of ‘global’ problems the Government has started, because that argument was not working, to now say that the recession is all over and there are green shoots breaking out everywhere. Can they [...]
VAT cut has failed, says Cameron
Image by Ewan McIntosh via Flickr Any idea that the VAT cut has helped the economy climb out of this recession is a long way wide of the mark. David Cameron blasted the silly policy this morning by saying: I think this will go down in history as one of the most appalling wastes [...]
A New Year
This has been a welcome long break over Christmas and New Year. The changing face of the UK economy seems not to have dampened the spirits of those who went shopping after Christmas. There was, apparently, a 12% increase in retail footfall in the last week of December and on the few occasions I ventured [...]
The lowest bank rate since the 50′s
Image by woodleywonderworks via Flickr It seems astonishing that only some 12 months ago the rumour was that interest rates were going to go over 6% and here we are now with the lowest rates since the 50′s, when frankly very few people had mortgages. Now we have a mortgage rate of 2%, but does [...]
Are employers burying bad news?
As you will have noticed there has been a lot of excitement/depression on figures on job redundancy. Well, it is clear that job redundancies are likely to rise during this recession but behind the headlines I hear another story. Let’s look in a little detail at the figures: GSK announced redundancies yesterday. Yet, GSK have [...]
Recession
Image by ben88_uk via Flickr So, we are in a recession. OK, we have known this for some time, even though they claim we need to have 6 months of negative growth, but frankly the man on the street cares not about such delicacies. I also wonder whether this is a time for politicians to [...]
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