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Godley

New Jobs

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Always one to try and provide some balance ;)

Seems the recovery is gathering pace.

600 new jobs at Barclays, 3500 new jobs at Santander and 800 new jobs at PWC.

These seem like good quality jobs with big blue chips to me, the plan seems to be working.

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Brilliant recovery from the industry that received undisclosed bailouts.

yet still they need grants from the taxpayer

"Barclays decided to bring the posts north of the Border after receiving a taxpayer-funded grant of more than £6.5 million from Scottish Enterprise, a business quango."

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Oh year, those PWC jobs

He added: “We are under no illusion that there remain challenges ahead. However, in the next 12 months, we intend to create 800 new jobs across our businesses to enhance the services and value we offer to our clients.”

cant find anything about Santander, except the LOSS of 3500 jobs at RBS as they SELL the branch network to Santander.

The Barclays are 400 immediately, and the rest over a period.

or not.

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Oh year, those PWC jobs

He added: “We are under no illusion that there remain challenges ahead. However, in the next 12 months, we intend to create 800 new jobs across our businesses to enhance the services and value we offer to our clients.”

cant find anything about Santander, except the LOSS of 3500 jobs at RBS as they SELL the branch network to Santander.

The Barclays are 400 immediately, and the rest over a period.

or not.

correction its 6000 new jobs

http://www.ft.com/cms/s/0/61706aa0-b91f-11df-99be-00144feabdc0.html

There is none so blind as those that cannot see.

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Always one to try and provide some balance ;)

Seems the recovery is gathering pace.

600 new jobs at Barclays, 3500 new jobs at Santander and 800 new jobs at PWC.

These seem like good quality jobs with big blue chips to me, the plan seems to be working.

So that's what 200 billion QE buys these days is it? Must be time to whack the base rate back up then.

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So that's what 200 billion QE buys these days is it? Must be time to whack the base rate back up then.

QE was only intended to provide liquidity.

Rates back up? You believe that? Your're having a laugh.

They intend to inflate there way out of this one my friend it becomes clearer by the day.

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Im blind as Im not registered.

And press releases are NOT jobs.

So you only believe press releases when they announce redundancies then? Careful now with your answer I will trawl through your posts................. :P

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QE was only intended to provide liquidity.

Rates back up? You believe that? Your're having a laugh.

They intend to inflate there way out of this one my friend it becomes clearer by the day.

I have seen

Santander could hire up to 6,000 new staff over the next year or two as part its expansion in Britain, the Financial Times said on its website on Sunday.

Santander, the euro zone's biggest lender, said last month it plans to create 600 new jobs within the next twelve months.

Citing people familiar with the recruitment plans, however, the newspaper said Santander is in the market for up to 6,000 jobs.

This is in addition to the 5,000 employees it has inherited from Royal Bank of Scotland after its acquisition last month of of 318 UK branches, the FT said. Santander was not immediately reachable for comment.

so RBS got rid of 3500 and Santander inherited 5000....or am I reading that wrong?

Journos...cant add up.

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I have seen

Santander could hire up to 6,000 new staff over the next year or two as part its expansion in Britain, the Financial Times said on its website on Sunday.

Santander, the euro zone's biggest lender, said last month it plans to create 600 new jobs within the next twelve months.

Citing people familiar with the recruitment plans, however, the newspaper said Santander is in the market for up to 6,000 jobs.

This is in addition to the 5,000 employees it has inherited from Royal Bank of Scotland after its acquisition last month of of 318 UK branches, the FT said. Santander was not immediately reachable for comment.

so RBS got rid of 3500 and Santander inherited 5000....or am I reading that wrong?

Journos...cant add up.

You are funny.

Anyway, back in the real world these 'announcements' at the very least will buoy sentiment.

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You are funny.

Anyway, back in the real world these 'announcements' at the very least will buoy sentiment.

Im sure Barclays are bouyed with their new handout...

and the figures dont add up anyway.

So Santander plan 600, Barclays are having their staff paid for by the taxpayer, and the otherone....well..

these guys are explaining to Government that they really are worth bailing out.

Meanwhile other releases are saying 20,000 are going from finance....

Id rather real jobs were created where wealth was being made.

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You are funny.

Anyway, back in the real world these 'announcements' at the very least will buoy sentiment.

You are right! We should be postive about some possibly better news. These jobs will rely on a sustained recovery taking place.

Let's hope it does. It will not stop the HPC continuing really as that relies heavily on the availability of credit, which is drying up. It also relies on confidence of which there is little when cuts of 25% or so are about to take place. The USA is lurching back to recession. The Chinese have been more than a little economical with the truth over their economic state. The Japanese cannot cope with their debt and their exchange rate. Then there's Greece.....Spain.......Portugal.........Ireland, the Eastern European bust countries.......The real UK debt.........ZZzzzzzzzzzz

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Anyway, back in the real world these 'announcements' at the very least will buoy sentiment.

Just what the country needs: more financial jobs.

Anyway, you will be surprised. The days of 'sentiment' gimmickry are gone.

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Just what the country needs: more financial jobs.

Anyway, you will be surprised. The days of 'sentiment' gimmickry are gone.

Non productive jobs are the way to go, or at least they were since the 80s.

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Non productive jobs are the way to go, or at least they were since the 80s.

Which is why we're up to our necks in shit, rapidly losing everything - pension provisions, purchasing power, careers, even democracy and self-govenance.

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Which is why we're up to our necks in shit, rapidly losing everything - pension provisions, purchasing power, careers, even democracy and self-govenance.

A good news story like this and nobody is realising the significance. Or maybe they are and are worrying about the significance.

Anyhow, on this lame old argument about being 'productive' Barclays and PWC earn most of their revenues from overseas ventures. I see that as being highly productive and to the grearter benefit of the UK taxpayer. Anybody disagree?

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So that's what 200 billion QE buys these days is it? Must be time to whack the base rate back up then.

They need 6000 people to count all the freshly printed money coming in :lol:

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Godley, thanks for the post; it is worthwhile seeing it from both sides.

I think BL has a point though.

1. When announcing job LOSSES surely this is a last resort and if anything the numbers will be underplayed (it's only natural for a company not to want to release a press release which effectively says 'we are in the sh1t')

2. When announcing job creation it appears to be that some of the numbers are for headline grabbing purposes and the actuality is that the headline figures are often inspirational as opposed to baked in actual jobs being created NOW.

As always, businesses pay people good money (PR) to underplay the downside and overplay the upside. It's in their interests.

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A good news story like this and nobody is realising the significance. Or maybe they are and are worrying about the significance.

Anyhow, on this lame old argument about being 'productive' Barclays and PWC earn most of their revenues from overseas ventures. I see that as being highly productive and to the grearter benefit of the UK taxpayer. Anybody disagree?

Ok but why the subsidy? Probably brown envelopes involved.

To subsidise Barclays is outrageous considering banking bailouts.

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  • 138 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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