madasafrog

Its a big incentive to go overseas which is why many of them already have and there are a lot more doing so on a weekly basis. There are many household names that have done so recently........HP, Peugeot, Dyson, plus there is a list of companies you would have never heard of but are well known in engineering and manufacturing. How often do you phone a call centre from overseas? They say we dont export anything these days.....but we certainly have exported a lot of jobs

I am an employer and it is not cheap and not easy. People do make a fuss and there are people out there that make their living by taking companies to court for not getting jobs they applied for under "age/sex/race discrimination"

We have similar employment laws. What i am saying is that we dont go any further with employment laws or this country will drive even more business overseas. I work in this sector and have seen it first hand over the last 20 years so i would rather trust my own argument

How do you work that out?

Its a militant hot zone on here I thought the posters on here had a good grasp of economics. You cannot pay everyone a £100k per year. Market forces have to determine wages. The government has done a lot for the low pay and agency workers. In recent years there has been the Working Time Regulations of 1998 that have come into force that have protected the rights of the low paid workers and also agency staff. In these regulations it provides a number of rights including minimum pay and statutory holidays which is currently 24 days per annum and later rising to 28 in 2009, Each year the minimum wage increases. You can bleat about BMW using 700 agency workers but if they could not be allowed the flexibility, they would simply take the whole manufacturing process elsewhere and then you would lose the 700 agency jobs plus the remaining thousands of permanent staff. Then you can also add in the jobs in surrounding companies that service the plant. On top of that, you can take away the jobs that are generated by the wealth that the plant brings to that region. Just because someone works through an agency, it does not mean they are on less money and have less rights. Some places pay agency staff more than permanent staff but at other places, the agency staff earn more than the permanent staff and also have more rights. This article is just from the unions perspective and is otherwise junk .

Well he will be laughing if he decides to offload as any losses he may have made have just been offset by Darling reducing CGT.

I have just ordered my hips report today. We have our eye on a place but there are two other people that also like the same property. They are in same position as us. They need to sell their house before they can make an offer on the house. The agent has admitted that the market is quiet and that a reduction is required for both the vendor and the buyers to move the sequence along (the two potential buyers are with same agent along with us too). I have spent a long time on this forum as a lurker and recently as a poster. I am not convinced on a full on HPC. There will be some properties that take a hammering and for right reasons. Those are the new development flats and crap 3 floor mini mews houses (awful value). Traditional timeless houses in decent ares will always be desirable and will ride any falls more than any other type of house. It all boils down to: How lucky do you feel punk?

Like a balloon, your leaking hot air unless you have data to back up your claim. Its nonsensical threads like this that make a mockery of this forum

I am looking at this as a good buying opportunity. Looking to trade up and this may be my chance to jump a bit higher than planned. The credit crunch may have an effect in the short term, but in the longer term, the credit markets will become relaxed again but not to the extent of previously. The credit crunch crisis will bring about a change in how these mortgages are securitised and rated. This will bring more confidence in the credit markets as the risks will be lower. You may find that credit may become cheaper and the housing market will grow. So now may be a good time to buy. It might not be what some bears want to hear but you have to look at it at different angles

Precisely. Too many people are jumping the gun a bit. I think we will see a fall over the winter months but as the credit markets settle, you may be looking at a stark increase in prices again.

You will need a big fall in prices to make up for the increases seen in the last 4 years. Maybe they were right

I think everyone is underestimating the complexity of economics. People are using like for like comparisons when there are no exact comparisons to use. Economics is a theory and the nearest we can describe it as a science is Chaos Theory. There are computer models that have been developed to try and predict what will happen but even they cannot be accurate as its too complex. Its just like trying to predict the weather. You can say what is going to happen in the next few days but its hard to forecast too far ahead. You have to take an educated guess at what the future holds but with the understanding that it may be totally wrong. For those who make concrete predictions of % rise and falls obviously do not understand economics fully. BTW, I dont fully understand it myself but at least i know that.

If your hopes in a house purchase depend on a crash, then it could be wise to have an open mind and examine all evidence. Once you have got all the facts together, you can then make a more informed decision on which way the market will go. This is why i am a neither. I see evidence to support the argument of a fall in house prices and a rise. I am obviously not overly concerned at the moment as i am about to view another house in the next hour

What about if you just move out of the UK for a year to maybe ireland or wherever the tax regime is favourable and then sell up? I have a small business myself so always looking at ways to avoid being shafted

If this was any other business it would have been left alone to die. The fact that it is a bank it has been propped up by the british government at the taxpayers expense. To have let it go to the wall would have shown everyone how fragile the banking sector is and woulod have destroyed confidence in it. Clearly those queues of grannies outside the branches were enough to scare the crap out of gordon brown. They have scared him so much that he has gone against the principles of bailing out risk takers. Business's that have played the risk game and failed should fall like any other business. Instead, people are still making money off the taxpayers bailout. Moral hazard my **** Anyone who invests in NR, go ahead and buy a few more shares. When it finally does go toes up and you get 2p in the pound, please post your losses here so we can have a good chortle at your astute stock market dealings. Why dont you just go down to your local William Hill? The odds are much better.

I wouldn't get too excited. When Godon Brown realises what a great cockup of the Pre budget he has made, he may do a u-turn on this. He will be under pressure from a few groups including the CBI.

Good find

Dont take it seriously. Its just a bit of fun. Its aimed at a few of the uber bears who dream of a global collapse and anarchy. You might disbelieve me but i have seen some of these posts. Wacko doesn't describe it

"Fools and their money.........."

Sign the above petition and call an end to this fool GB Make her happy. You dont want to disappoint her

Signed it. I guess they will now be going through my recent annual returns

Not everyone from the nu labour is sad to see Brown getting a hammering

Your mother gave it me

Never underestimate the belief of the uber bears (these are past bulls who called the top of the market in 2003/2004 and STR. careful what you say as they are still a bit miffed)

All of these reports are just a very broad yardstick and not an accurate measure of house prices. I will stick to the land registry figures thanks