The Masked Tulip

Half Of Welsh Firms Fear They Won’T Survive The Next Year

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HALF of Welsh businesses fear they will not survive the next year if the economy does not pick up dramatically.

Worrying research suggests that nearly two thirds of firms are not expecting a full economic recovery for two years or more.

And a leading Welsh economist last night warned of more uncertainty if unemployment levels follow growth trends that have seen a near stagnation in the UK economy this year.

The study, by business insurance firm QBE, also found that 65% of businesses in Wales expect it to be two years or more before a full economic recovery, with 36% not expecting a turnaround for three years or more.

Respected Aberdare-born financier and economist Gerry Holtham, said he was concerned that unemployment data – which has shown growth in employment – might start to reflect sluggish output statistics which are showing snail-paced growth in GDP.

Read More http://www.walesonline.co.uk/news/wales-news/2011/07/29/half-of-welsh-firms-fear-they-won-t-survive-the-next-year-91466-29139308/#ixzz1TUmVuq00

Thank goodness Wales has such a huge public sector! :rolleyes:

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And such high costs, disproportionate with what they should be.

Still all those extra costs count as increased GDP don't they - only if you suffer from total myopia.

Maybe the public sector can keep on paying 10x the real amount for contracts, that will do wonders.

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The Assembly would be better switching policy and money from the Nazi implementation of Welsh language policy and subsidising the toil on both Severn crossings. They also need to build the M4 relief motorway and get rid of the chaos that is the M4 through Newport. Then perhaps we can compete with England on a level playing field.

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I reckon about 90% of towed things i see has one of these stickers on the back so at least one company seems to be doing well still

ifor_williams_trailers_logos.jpg

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They also need to build the M4 relief motorway and get rid of the chaos that is the M4 through Newport.

Actually, the problem is obvious - the M4 toll bridge charges people to go into Wales, but lets them leave for free... which is bass-ackwards.

I was going to post "I wonder what makes Welsh firms that optimistic?"

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I reckon about 90% of towed things i see has one of these stickers on the back so at least one company seems to be doing well still

ifor_williams_trailers_logos.jpg

If it's still family owned they should have sold out to the private equity spivs for top dollar before the bubble burst.

Despite their ubiquity, my guess would be, they don't employ enormous numbers.

If they're anything like the UK lorry trailer 'manufacturers' left they won't do much beyond bolting together a load of parts made by someone else.

Incidentally a big Ifor Williams dealer near me - been there decades - went bust not long ago so. I guess no new Range Rover Sport = no buying of new horsebox.

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Grant them independance , see how they get on....

tbf they know which side their bread is buttered on and dont make any noise like those that drink too much north of the wall.

I think that the welsh may do a lot better, though, if they stopped wasting millions producing and writing everything in a language that only two old ladies and an odd man with thick nhs specs can speak. :D

Edited by Number79

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Only six Doctor Who "specials" to be made in Cardiff next year too.

Now where is that Not The Nine O Clock News skit "Failed in Wales?"

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The Assembly would be better switching policy and money from the Nazi implementation of Welsh language policy .........

Is this based on fact? No, I suppose it's more a matter of your prejudices than anything else.

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tbf they know which side their bread is buttered on and dont make any noise like those that drink too much north of the wall.

I think that the welsh may do a lot better, though, if they stopped wasting millions producing and writing everything in a language that only two old ladies and an odd man with thick nhs specs can speak. :D

Let me guess....you're a little Englander aren't you?

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Incidentally TMT, since you quote him, Holtham is strongly in favour of more devolution to Wales and speaks Welsh and doesn't wear NHS glasses as some idiot on here would have us believe.

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Only six Doctor Who "specials" to be made in Cardiff next year too.

Now where is that Not The Nine O Clock News skit "Failed in Wales?"

Is there another series of Being Human in the pipeline? That moved from Bristol to Cardiff last series.

All this making TV in places that are not London, terrible business!

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Is this based on fact? No, I suppose it's more a matter of your prejudices than anything else.

It's biased on the assumption that the budget for the Welsh language could be better spent to benefit the future of the welsh population and not some romantic belief that one part of the heritage of Wales is more important than it's future.

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It's biased on the assumption that the budget for the Welsh language could be better spent to benefit the future of the welsh population and not some romantic belief that one part of the heritage of Wales is more important than it's future.

If it wasn't for the Welsh language.....there wouldn't be a Wales. From the language came the culture. It made Wales different to it's neighbours despite centuries of attempting to kill off the language. Without it, you may as well call it an English county like Cumbria. But it's not, it's a nation with it's own unique language and literature and culture. If you don't agree with that you're either ignorant or somebody who has moved here with a coloniser's mindset or possibly both. Simple as that.

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Let me guess....you're a little Englander aren't you?

is England really that little in comparison? :)

dont get your woolies in a bind welchy, I was on your side :D

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tbf they know which side their bread is buttered on and dont make any noise like those that drink too much north of the wall.

I think that the welsh may do a lot better, though, if they stopped wasting millions producing and writing everything in a language that only two old ladies and an odd man with thick nhs specs can speak. :D

Someone appears to have read your mind - got this in my inbox this morning.

Why Welsh Assembly should use Google Translate to save huge cost of bilingualism

http://www.gogwatch.com/2011/07/28/why-welsh-assembly-should-use-google-translate-to-save-huge-cost-of-bilingualism/

Edited by The Masked Tulip

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tbf they know which side their bread is buttered on and dont make any noise like those that drink too much north of the wall.

I think that the welsh may do a lot better, though, if they stopped wasting millions producing and writing everything in a language that only two old ladies and an odd man with thick nhs specs can speak. :D

It's a very clever idea. I see Scotland is at the very beginning of going down the same path.

I would split the entire country up into 2m-5m slices and give them all their own compulsory language and legal system. Let's see how easy it is to break into that market or offshore its call centres then. :lol:

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The Assembly would be better switching policy and money from the Nazi implementation of Welsh language policy and subsidising the toil on both Severn crossings. They also need to build the M4 relief motorway and get rid of the chaos that is the M4 through Newport. Then perhaps we can compete with England on a level playing field.

+1

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