Jump to content


Photo

Northern Ireland Economy


  • Please log in to reply
3179 replies to this topic

#1 Vespasian

Vespasian

    HPC Veteran

  • Members
  • PipPipPipPip
  • 1,564 posts
  • Location:SPQR

Posted 18 January 2008 - 07:44 PM

Eighty-five jobs are to be lost at a shirt factory in the Waterside area of Londonderry. :unsure:
http://news.bbc.co.u...and/7196225.stm
The private sector has been taking a pounding recently, with Seagate and everything. I can't see the state sector remaining untouched when the coffers are running on empty (they already are, I know)


Unemployment in Northern Ireland has jumped by 6,000, latest government figures revealed today.
The total for the three months September to November stood at 35,000 - up from 29,000 in the previous quarter and 1,000 up on the same time a year before.

this from POD on the main forum

Edited by Vespasian, 19 January 2008 - 09:22 AM.

"The government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it" Ronald Reagan

The nine most terrifying words in the English language are, 'I'm from the government and I'm here to help.'Ronald Reagan

"Martin, it's all psychological. You yell barracuda, everybody says, "Huh? What?" You yell shark, we've got a panic on our hands on the Fourth of July" Jaws 1975

Leeroy Jenkins!

#2 Guest_vicmac64_*

Guest_vicmac64_*
  • Guests

Posted 18 January 2008 - 11:36 PM

What economy - 'we haven't got an economy'

We have a socialist bureaucracy but no economy!

Sorry but I couldn't resist and it is a pretty truthful answer too....

Will keep my ears open though and try to post regularly on this thread.

#3 FrustratedFTB

FrustratedFTB

    HPC Regular

  • Members
  • PipPipPip
  • 465 posts

Posted 21 January 2008 - 01:56 PM

http://news.bbc.co.u...and/7200165.stm

Redundancies at technology firm


Forty jobs are to go at the factory in Portadown
Seagoe Technologies has announced that 40 jobs are to go at its factory in Portadown, County Armagh.
The company, which produces storage heaters, employs between 320 and 350 people. Union spokesman Sean McKeever said staff were very worried.

"The mood is downbeat, all employees are concerned," he said.

"The company has put out for voluntary redundancies, but there is a real danger that if that can't be met there will be enforced redundancies."



#4 FrustratedFTB

FrustratedFTB

    HPC Regular

  • Members
  • PipPipPip
  • 465 posts

Posted 21 January 2008 - 01:56 PM

http://news.bbc.co.u...and/7200165.stm

Redundancies at technology firm


Forty jobs are to go at the factory in Portadown
Seagoe Technologies has announced that 40 jobs are to go at its factory in Portadown, County Armagh.
The company, which produces storage heaters, employs between 320 and 350 people. Union spokesman Sean McKeever said staff were very worried.

"The mood is downbeat, all employees are concerned," he said.

"The company has put out for voluntary redundancies, but there is a real danger that if that can't be met there will be enforced redundancies."



#5 WasSeller (ex-WouldBe)

WasSeller (ex-WouldBe)

    HPC Poster

  • Members
  • PipPip
  • 266 posts
  • Location:Belfast

Posted 22 January 2008 - 12:52 PM

Citibank planning ~300 jobs in Belfast by end of '09 - there's a recruitment freeze at the moment apparently, but that's the medium-term plan. We're cheaper than London after all...
"The only function of economic forecasting is to make astrology look respectable." - J.K. Galbraith

#6 maxdiver

maxdiver

    HPC Veteran

  • Members
  • PipPipPipPip
  • 1,036 posts
  • Location:the Med

Posted 22 January 2008 - 01:04 PM

I don't believe it will happen.

Expect companies like the Halifax etc... to pull out when they have to cut numbers.

And i wouldn't call an electrical storage heater company as "technology firm."

Since the real economy is so weak in NI the only changes that will really matter are changes to bureaucracy levels.
The companies like Fujitsu that came in to NI with a fanfare are merely vehicles for the government to cut jobs whilst making out that it is creating jobs - all part of the booming economy.

#7 Vespasian

Vespasian

    HPC Veteran

  • Members
  • PipPipPipPip
  • 1,564 posts
  • Location:SPQR

Posted 30 January 2008 - 11:44 AM

http://news.bbc.co.u...and/7216552.stm

NI tops council sick leave charts
Sick leave among Northern Ireland's 9,300 council staff costs ratepayers more than 15m a year, the Audit Office has found.
It said in a report that local councils' 14-day a year average is the highest in the UK.
Larne Borough Council topped the table, with an average of 20 days lost - a third of them stress-related.
Magherafelt had the lowest level of absenteeism, with seven days taken per member of staff a year.
Council chairman Paul McLean said it had taken radical action.
"We have a policy in place that, irrespective of a doctor's line, people are referred to the occupational health department along with their line manager," he said.
It and Fermanagh were the only two councils that managed to stay below the UK average.
While some councils have managed to reduce absenteeism, others like Coleraine have seen the rate climb to more than three weeks a year.
Stress, depression, fatigue and mental health issues accounted for 20% of time taken off, the Audit Office found.
It said stress-related absences cost councils 3.1m last year, but only eight councils had implemented a stress or mental health policy.

Hopeless doesn't begin to describe this, perhaps hapless :angry:
"The government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it" Ronald Reagan

The nine most terrifying words in the English language are, 'I'm from the government and I'm here to help.'Ronald Reagan

"Martin, it's all psychological. You yell barracuda, everybody says, "Huh? What?" You yell shark, we've got a panic on our hands on the Fourth of July" Jaws 1975

Leeroy Jenkins!

#8 Bosco

Bosco

    HPC Poster

  • Members
  • PipPip
  • 259 posts

Posted 30 January 2008 - 02:40 PM

Breast implant factory goes tits up!

http://news.bbc.co.u...and/7217704.stm

:lol: :lol:
'Steering the wanderly wagon through the reaaaaaaally evil housing market.....'

#9 p.p.

p.p.

    Curly Jefferson

  • Members
  • PipPipPipPipPip
  • 4,780 posts
  • Location:SMERSH

Posted 30 January 2008 - 03:16 PM

Breast implant factory goes tits up!

http://news.bbc.co.u...and/7217704.stm

:lol: :lol:


detail:

US pharmaceutical company Allergan will phase out work at its factory in Arklow, south of Dublin, over two years and transfer operations to Costa Rica.

General manager of the Allergan plant Paul Moody paid tribute to the workers and thanked them for their dedication.

Ciaran Connolly of trade union SIPTU said labour and other costs were lower in central America than in Ireland.

In a statement, Allergan said: "For economic and operational reasons, Allergan will consolidate the manufacturing of its breast implant products to the company's state-of-the-art facility in Costa Rica."

Local Councillor, Ivor Fetash said 'I personally don't think their management team has a firm grip of the business, surely they should hold their assets closer to the european front. With these things in front of us now, you can expect others to soon topple over or see a reduction at a later date. This front-end loading strategy is soon to become a thing of the past anyway, the market is far too weighed down'
even a stopped clock gives the right time twice a day

When they come a wull staun ma groon, Staun ma groon al nae be afraid
Thoughts awe hame tak awa ma fear, Sweat an bluid hide ma veil awe tears

my blog

#10 subby

subby

    HPC Veteran

  • Members
  • PipPipPipPip
  • 1,922 posts
  • Location:Belshaft

Posted 30 January 2008 - 04:23 PM

detail:

US pharmaceutical company Allergan will phase out work at its factory in Arklow, south of Dublin, over two years and transfer operations to Costa Rica.

General manager of the Allergan plant Paul Moody paid tribute to the workers and thanked them for their dedication.

Ciaran Connolly of trade union SIPTU said labour and other costs were lower in central America than in Ireland.

In a statement, Allergan said: "For economic and operational reasons, Allergan will consolidate the manufacturing of its breast implant products to the company's state-of-the-art facility in Costa Rica."

Local Councillor, Ivor Fetash said 'I personally don't think their management team has a firm grip of the business, surely they should hold their assets closer to the european front. With these things in front of us now, you can expect others to soon topple over or see a reduction at a later date. This front-end loading strategy is soon to become a thing of the past anyway, the market is far too weighed down'



breast off that they close it then :lol:
Work to live...don't live to work....

#11 subby

subby

    HPC Veteran

  • Members
  • PipPipPipPip
  • 1,922 posts
  • Location:Belshaft

Posted 30 January 2008 - 04:23 PM

Posted Image

Bo(s)om bo(s)om! :D
Work to live...don't live to work....

#12 subby

subby

    HPC Veteran

  • Members
  • PipPipPipPip
  • 1,922 posts
  • Location:Belshaft

Posted 30 January 2008 - 04:24 PM

I'll be here till Sunday...try the venison...I hear it's great :P
Work to live...don't live to work....

#13 talksalot81

talksalot81

    HPC Veteran

  • Members
  • PipPipPipPip
  • 2,351 posts
  • Location:Ireland

Posted 01 February 2008 - 10:45 PM

Citibank planning ~300 jobs in Belfast by end of '09 - there's a recruitment freeze at the moment apparently, but that's the medium-term plan. We're cheaper than London after all...


I was told in the main thread that citigroup belfast was bulletproof. Frankly I do not believe that. Yes, we may be cheaper but in times of trouble, an organisation will consolidate to strengthen its core at the expense of the perimeter. Belfast will be a perimeter location and I would envisage that we would see job losses pretty early on in a widespread culling.

For interest sake, has anyone noticed that the citigroup logo has been removed from their building....

#14 sdoey

sdoey

    HPC Poster

  • Members
  • PipPip
  • 160 posts

Posted 02 February 2008 - 12:19 AM

I was told in the main thread that citigroup belfast was bulletproof. Frankly I do not believe that. Yes, we may be cheaper but in times of trouble, an organisation will consolidate to strengthen its core at the expense of the perimeter. Belfast will be a perimeter location and I would envisage that we would see job losses pretty early on in a widespread culling.

For interest sake, has anyone noticed that the citigroup logo has been removed from their building....



Citigroup in deep poo poo so I would not believe that! They have shred something like 30,000 jobs worldwide and are still in deep poo poo!

#15 northernbear

northernbear

    HPC Poster

  • New Members
  • PipPip
  • 54 posts

Posted 02 February 2008 - 05:24 PM

For interest sake, has anyone noticed that the citigroup logo has been removed from their building....



'citigroup' is rebranding globally as 'citi', the umbrella is going and being replaced by an arc.

No conspiracy theory required on that one.




0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users