AteMoose Posted August 16, 2005 Share Posted August 16, 2005 Gf just phoned to say everyone at there factory most of the staff are being layed off, orders have plumited and the factory is 150k in debt, there cutting costs. Bit of a bummer as were going on holiday in two weeks. Manager was very apoligetic, and said it wasnt her fault it was the factories fault. Ive told her its the governents fault... She is obviously gutted, and will be looking for part time work to save a bit of money before our holiday... Her mum worked for the same place and has also been made redundant. Obviously she shouldnt be too upset, as she has dont quite wll from the Housing boom, she is going to be getting 280k profit from STR in a couple of weeks from a house she bought with an ex boyfriend in essex!!! Quote Link to comment Share on other sites More sharing options...
BuyingBear Posted August 16, 2005 Share Posted August 16, 2005 Gf just phoned to say everyone at there factory most of the staff are being layed off, orders have plumited and the factory is 150k in debt, there cutting costs. Bit of a bummer as were going on holiday in two weeks. Manager was very apoligetic, and said it wasnt her fault it was the factories fault. Ive told her its the governents fault...<{POST_SNAPBACK}> Much sympathy to your girl, it may not seem it right now but in the future she may see it as a blessing in disguise when she finds a better job in a growing area rather than a sector that is contracting. But why is it the governments fault, did they own the factory, or are they obliged to bail out every failing business? As much as it is that nobody in the UK can survive on 27p an hour like Chinese works, you could blame cheap overseas labour more than New Labour. Quote Link to comment Share on other sites More sharing options...
AteMoose Posted August 16, 2005 Author Share Posted August 16, 2005 Much sympathy to your girl, it may not seem it right now but in the future she may see it as a blessing in disguise when she finds a better job in a growing area rather than a sector that is contracting.But why is it the governments fault, did they own the factory, or are they obliged to bail out every failing business? As much as it is that nobody in the UK can survive on 27p an hour like Chinese works, you could blame cheap overseas labour more than New Labour. <{POST_SNAPBACK}> No but they could have stopped the HPI that has caused everyone to cut back on spending. Everything was fine and dandy up until recently, and the problem hasnt been caused by chinese factories this time... Quote Link to comment Share on other sites More sharing options...
ILikeBigBoobs Posted August 16, 2005 Share Posted August 16, 2005 No but they could have stopped the HPI that has caused everyone to cut back on spending. Everything was fine and dandy up until recently, and the problem hasnt been caused by chinese factories this time...<{POST_SNAPBACK}> Tory alert! Tory alert! Quote Link to comment Share on other sites More sharing options...
29929BlackTuesday Posted August 16, 2005 Share Posted August 16, 2005 Ooh a Conservative! Ooh! How awful. Idiot. Quote Link to comment Share on other sites More sharing options...
Ignorant Steve Posted August 16, 2005 Share Posted August 16, 2005 (edited) Redundancy eh - ah well. When given the choice recently as to which housing price crash you wished for you, Moosetea, voted option 2. Remember?? Which house price crash? (See the Classics thread) 2 Options which would you prefer? Option 1: Consumer confidence crumbles Savings increase MEW decreases House Prices fall 15% over 2 years House prices continue to fall 1 - 2% a year for the next 5. Interest rates approx 4 - 6% during this time (ending at 6% in 7 years time) Option 2 Consumer confidence crumbles Savings increase MEW decreases House Prices fall 15% over 1 1/2 years Rampant Global inflation in 2006 means interest rates increase from 5% to 8% You have a 15% chance of being unemployed Unemployment soars due to global competition House prices fall another 20% 2006 -2008. House price crashes aren't nice. Edited August 16, 2005 by Ignorant Steve Quote Link to comment Share on other sites More sharing options...
Scooter Posted August 16, 2005 Share Posted August 16, 2005 Tory alert! Tory alert!<{POST_SNAPBACK}> Tosser alert! Quote Link to comment Share on other sites More sharing options...
ILikeBigBoobs Posted August 16, 2005 Share Posted August 16, 2005 Why on earth does he suddenly start to blame the government, afterall he says " Everything was fine and dandy up until recently, " and let's face it his GFs picking up a fair wedge due in no small measure to the governments lack of action! He doesn't know when he's well off! Quote Link to comment Share on other sites More sharing options...
AteMoose Posted August 16, 2005 Author Share Posted August 16, 2005 (edited) Er... It was an annacdote, and yes i agree its a good thing its what i voted for, its nice to see a things up close and personal, things are starting to happen (shame its so close to a booked holiday). I find it quite intersting everything was fine and dandy in the factory until recently, it just backs up what everyone else is saying.... However i am blaming the blame of HPI squarly on the government, even though she has benifited from it in the short term... For the record ive never voted conservative... Edited August 16, 2005 by moosetea Quote Link to comment Share on other sites More sharing options...
BuyingBear Posted August 16, 2005 Share Posted August 16, 2005 No but they could have stopped the HPI that has caused everyone to cut back on spending. Everything was fine and dandy up until recently, and the problem hasnt been caused by chinese factories this time...<{POST_SNAPBACK}> The market will correct itself, and would have done earlier, the government didn't kick off a boom, however the government is culpable for adding fuel to the fire like inflationary £60k handouts to 'key workers' (I suppose 'un key' private sector workers on the same wage do jack apart from generate real wealth, pay tax & NI etc). Now we have 'Homes For All' and shared ownership, planning regulations aimed at putting as much cattle on each sq/acre as possible and releasing no real land for development. Not forgetting Prescotts handful of token £60k boxes built on old waste dumps and firing ranges. Yup, nobody wants to be seen as bringing the party to an end, they have to be seen as doing something even when the music stops. Ohh, and the ever rising stamp duty revenues came in so useful. Quote Link to comment Share on other sites More sharing options...
homeless Posted August 16, 2005 Share Posted August 16, 2005 280k in the bank thats near 20 years work for a lot of people, cant saw i have much sympathy for this one, but the person that wasint lucky enough to profit from the housing boom and is paying some btl guy half there wages in rent i realy do. isint 280k a lot of money anymore ? Quote Link to comment Share on other sites More sharing options...
Losing Faith Posted August 16, 2005 Share Posted August 16, 2005 The market will correct itself, and would have done earlier, the government didn't kick off a boom, however the government is culpable for adding fuel to the fire like inflationary £60k handouts to 'key workers' (I suppose 'un key' private sector workers on the same wage do jack apart from generate real wealth, pay tax & NI etc).Now we have 'Homes For All' and shared ownership, planning regulations aimed at putting as much cattle on each sq/acre as possible and releasing no real land for development. Not forgetting Prescotts handful of token £60k boxes built on old waste dumps and firing ranges. Yup, nobody wants to be seen as bringing the party to an end, they have to be seen as doing something even when the music stops. Ohh, and the ever rising stamp duty revenues came in so useful. <{POST_SNAPBACK}> You sound peeved. Didn't you buy recently, you don't sound like a newly house-wed? Are you having second thoughts? Quote Link to comment Share on other sites More sharing options...
BuyingBear Posted August 16, 2005 Share Posted August 16, 2005 You sound peeved.Didn't you buy recently, you don't sound like a newly house-wed? Are you having second thoughts? <{POST_SNAPBACK}> Not buying, vendor and EA were less than honest Quote Link to comment Share on other sites More sharing options...
E Powell Posted August 16, 2005 Share Posted August 16, 2005 Not the sauce factory in worcester ?? Quote Link to comment Share on other sites More sharing options...
BoredTrainBuilder Posted August 16, 2005 Share Posted August 16, 2005 Manager was very apoligetic, and said it wasnt her fault it was the factories fault. <{POST_SNAPBACK}> Very sorry for you and your girlfriend on a personal level, however she is very lucky since I thought it was standard practice to sack people by megaphone in car parks these days. Quote Link to comment Share on other sites More sharing options...
bert Posted August 16, 2005 Share Posted August 16, 2005 What line of work was she in? Quote Link to comment Share on other sites More sharing options...
AteMoose Posted August 16, 2005 Author Share Posted August 16, 2005 (edited) Not the sauce factory in worcester ??<{POST_SNAPBACK}> hehe no (altho didnt they also recently annouce redundancies?) And yes, 280 is a stonkingly large amount of money, its going to be difficult to stop her spending it/helping her family (unless its tied up in a house or something else)... She isnt in a line of work at the moment, she never went to uni but moved back to her mums after spliting with her ex and was just doing shifts temoraroly until she found somthing better. She used to work in a hospital (something to do with nursing, not entirly sure wot as i wasnt with her at the time) Im sure this will work out to be a good thing and move her into something a bit more permanant..... Edited August 16, 2005 by moosetea Quote Link to comment Share on other sites More sharing options...
OzzMosiz Posted August 16, 2005 Share Posted August 16, 2005 280K Thats over 15K interest per year!!!!!!! Quote Link to comment Share on other sites More sharing options...
Bluelady Posted August 16, 2005 Share Posted August 16, 2005 280K Thats over 15K interest per year!!!!!!! <{POST_SNAPBACK}> Exactly, what difference does being made redundant make to having a prebooked holiday if you've got that kind of money in the bank? Quote Link to comment Share on other sites More sharing options...
whiterabbit Posted August 16, 2005 Share Posted August 16, 2005 280K Thats over 15K interest per year!!!!!!! <{POST_SNAPBACK}> Before rip off income tax. How much after? Quote Link to comment Share on other sites More sharing options...
Harry Sacks Posted August 16, 2005 Share Posted August 16, 2005 Girl friend made redundant I know, I know it's seeerious, Girl friend made redundant I know, I know it's serious, Do you really think she'll pull through? Do you really think she'll pull through..ooh-hoo..ooooo? you know I'd hate anything to happen to herrrr........ Sorry! Quote Link to comment Share on other sites More sharing options...
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