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topliner

Standard Life...jobs Loss

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Yet AGAIN we note the private sector cutting....the public sector...TALKING about cuts.

Mike

fair's fair, it was the private financial sector that led us, lower league football chairman style, into a vast pit of unsustainable debt

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The white heat of technology financial innovation goes lean.

The UK's rapid recovery to world-leader status seen as imminent.

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The white heat of technology financial innovation goes lean.

Nobody could ever accuse Standard Life of being anywhere near the "white heat of financial innovation". Have their actuaries moved beyond the abacus yet?

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fair's fair, it was the private financial sector that led us, lower league football chairman style, into a vast pit of unsustainable debt

Care to explain why an UK insurance company is responsible for the mess we are in? Queue complaints about with profits endowments shortfalls....

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Nobody could ever accuse Standard Life of being anywhere near the "white heat of financial innovation". Have their actuaries moved beyond the abacus yet?

That was probably why they were such a good bet until 'innovators' arrived.

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Nothing to worry about here, house prices in Edinburgh cannot fall. I have it on good authority - that nice chap at the property surveyors told me.

You didn't fall for that old gag did you?

They are so smug in Edinburgh aren't they?... they always think that: "come what may they will be OK"!

topliner

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Hold on a minute.

I understand the banking crisis and bail outs and therefore Royal Bank of Scotland has to shed about 30,000 +- jobs, but Standard Life was an Assurance/insurance company that turned PLC.

What is their problem? Is it the Pensions Crunch they are predicting by shedding jobs now to cover the future or what?

Enlightment request please!

topliner

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At a guess....

The standard life board have some kind of bonus scheme which they've work out can be triggered by removing the "cost" of 500 staff members... money saved being recycled and relabeled as "growth in revenue".

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Nonsense. No doom and gloom in Scotland. I have assurances from BBC Scotland that productivity & production is up and that the happy workers are queuing up for overtime for the benefit of the glorious motherland.

The headline is

Engineering sector has 'best performance since 2006'

Factory interior Scottish Engineering said the strong performance was a result of hard work and good leadership

Engineering manufacturing in Scotland is showing its best performance since 2006, according to the latest figures.

The Scottish Engineering Quarterly Review said orders and manufacturing output were on the increase, resulting in a rise in employment numbers and levels of overtime worked.

Scottish Engineering, the industry's support body, said capital investment was also at its highest for two years.

It said forecasts for export orders for the next three months were positive

Now – go buy a bungalow be-a-happy-worker-f.jpg

Edited by Captain Cavey

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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