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Dames

Jobs Dissappearing Very Fast :0(

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The total of job losses seems to be flying up day by day.

D :blink:

Go to agree with that don`t think I`ve ever witnessed such a variety and so many job losses being announced in one day :(

There appears to be a trend, outsourcing call centre posts (India etc) or cheap labour (Poland, Lithuania) All the CEO`s seem to be looking at the bottom line with no other wider responsibility taken into consideration. Very sad and shortsighted.

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All the CEO`s seem to be looking at the bottom line with no other wider responsibility taken into consideration. Very sad and shortsighted.

I honestly can't blame them, it's very easy to attach labels but they have a legal duty to maximize value for shareholders and by not doing so they're failing in their own job. If the competition has shifted its production base to China and its customer service base to India then what are the management meant to do, sit there patriotically and slowly go out of business? Once one has done it the rest are forced to follow.

If anything the reason our industrial base is now moribund is because our companies were closeted for too long thanks to the command economy with national champions that were not allowed to fail along with trade barriers and exchange rate rigging, compare that to Germany where they made investment for the longterm and had a floating currency that had to stand on its own.

Edited by BuyingBear

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Soon, there will be so many jobs gone, that the companies outsourcing will have to close down and move to countries where the general public have jobs to buy the products/services they provide.

Can the last person please turn the UK-lights off

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Soon, there will be so many jobs gone, that the companies outsourcing will have to close down and move to countries where the general public have jobs to buy the products/services they provide.

That's already true to a degree, that's why we have credit cards, such inflation in the money supply and homes that are ATM machines combined with lots of spurious public sector jobs paid for directly by debt and the issuance of gilts.

If you're looking for a self-sustaining economy then move along, even if that was the case in the UK our trade deficit would soon disrupt that.

Edited by BuyingBear

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Wait until the public sector lay offs begin.

That'll be carnage but I guess they'll try and avoid that for as long as possible

labour are very different from the tories.

the tories let two major recessions happen without doing much about it

labour are far too socialist and nationalist to just sit back and let it happen like thatcher did in the early 80s. it has been claimed htatcher deliberately caused that recession by extreme use of monetarist policies .

thats a moot point. the point is it happened twice under the tories and they did little to try and prevent it,

not labour. they will fight - literally - tooth and nail to prevent it,

expect a war with Iran as the first tactic they try and use.

Iran has gas that the country needs very badly. if you cant buy the gas fairly and squarely then go in and grab it,

companies like BP then make huge profits and you are sitting on your single most important commidity - gas,

Labour will do this and much more to prevent a recession.

YOU AINT SEEN NOTHING YET

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labour are very different from the tories.

the tories let two major recessions happen without doing much about it

labour are far too socialist and nationalist to just sit back and let it happen like thatcher did in the early 80s. it has been claimed htatcher deliberately caused that recession by extreme use of monetarist policies .

thats a moot point. the point is it happened twice under the tories and they did little to try and prevent it,

not labour. they will fight - literally - tooth and nail to prevent it,

Indeed, they saw the soaring inflation of the 70's, the fall in living standards and the labour disputes as more destructive than a rise in unemployment, very brave (or stupid, or both) by modern standards. In the US, Volker did what Greenspan could never do.

Labour will just inflate their way out, or die trying, that's about the only Old Labour property that will be back in vogue.

Edited by BuyingBear

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Indeed, they saw the soaring inflation of the 70's, the fall in living standards and the labour disputes as more destructive than a rise in unemployment, very brave (or stupid, or both) by modern standards.

Labour will just inflate their way out, or die trying, that's about the only Old Labour property that will be back in vogue.

this labour party are not the old labour party. they wont go begging to the IMF.

they will fight their way out like the good socialist-nationalists they are.

they will attack other countries with their ally the US which may also be in economic trouble.

attacking other countries never fails as an economic ruse in the short term.

in the long term it is a disaster but when did uber-nationalist politicians ever think of the long term ?

Edited by unamerican

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this labour party are not the old labour party. they wont go begging to the IMF.

they will fight their way out like the good socialist-nationalists they are.

they will attack other countries with their ally the US which may also be in economic trouble.

Sterling isn't like the Dollar, we can't pull the same sort of tricks. Maybe they can spin the destruction of our currency into positive so the Euro is seen as our saviour and then we'll join on extremely unfavourable terms (especially if our currency is devalued anyway).

The pound in your pocket remember!

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Labour have done absolutely nothing to give this country any sort of edge in this competitive global economy.I have never seen a government hollow out the economy in such a cold, calm and vindictive a manner as this government has.We have never had such a weak manufacturing sector as we do now and make so little.We have never imported so much and exported so little.

Now what seems to be left is either going bankrupt or out-sourcing because of the heavy tax burden gordon has inflicted on it.The taxes we pay are rocketing and set to get even worse down to that dumn scottish clown.They cannot even mask inflation any more due to the likes of oil and utility bill rises.Theres not going to be anything left to salvage after this next term of government is finished....................

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this labour party are not the old labour party. they wont go begging to the IMF.

they will fight their way out like the good socialist-nationalists they are.

they will attack other countries with their ally the US which may also be in economic trouble.

Nonsense. New Labour are far too aware of public opinion to broaden the near-East disaster.

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Nonsense. New Labour are far too aware of public opinion to broaden the near-East disaster.

i hope so but i dont know where you get your conviction from.

i can see 3 major wars in 6 years and a 4 th one looming.

what do you see ?

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Facts are important. UK car exports are more than double the mid 1970s.

That's only because our labour laws are less lamentable than that of Europe and that Japanese companies are magically able to motivate our work force, outside of that our productivity is very much of the 70's.

How much of it is native production with profits flowing to domestic companies, Morgan, Caterham? The way Nissan et al manage losses on the balance sheet mean these companies pay little or no corporation tax in the UK, we're grateful enough that they sill provide employment.

Edited by BuyingBear

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Facts are important. UK car exports are more than double the mid 1970s.

Whats is the manufactured component of those cars, howmuch of the value actually passeddd through the UK economy? How much of the production is uncrating and bolting together of completed assemblies?

Without a semblance of European-based manufacture there whould have been anti-dumping and european import controls a long time ago. At the time the UK provided the best oppotunities for investment to get round the issue - or at least not raise the issue to one where curbs were put in place.

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http://www.incomesdata.co.uk/statistics/statempl.htm

Employment and unemployment: latest figures September 2005

The trend in both the employment and unemployment rates is flat. The claimant count of people claiming Jobseeker's Allowance benefit increased for the seventh month in succession, although the rising trend has eased and now stands at 866,200, a rise of 1,600 on the month.

The number of people in employment increased by 83,000 over the quarter to July and by 315,000 over the year, to reach 28.73 million. This quarterly increase in employment occurred as a result of more women in work.

The unemployment rate, on the ILO definition, was 4.7 per cent, unchanged over the quarter and over the year. The level stood at 1,418,00 in the three months to July.

Next release date: Wednesday 12 October 2005

Hmmm are you sure we're not just seeing bearish posts on the blog. Can someone point me to incontrovertible evidence of jobs losses across the economy as a whole??

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Why cant we demand political change from the thacher years? To the PLC laws???

Its was a nice idea but we dont want it lets take back our nation!

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Hmmm are you sure we're not just seeing bearish posts on the blog. Can someone point me to incontrovertible evidence of jobs losses across the economy as a whole??
The number of Britons out of work and claiming benefits rose for the seventh month running in August, extending the longest period of growing unemployment in 12 years, but increased less quickly than expected.

Great, that's according to the official measure prefered by our government. If you look at the international measure it's a little different

According to the monthly mountain of labour data released by the Office for National Statistics, the number of people in work in Britain dropped by 53,000 in the past quarter, to 28.3 million.

Concerns were first raised in June when the number of people in work tumbled by 44,000. It was only the fifth time since the start of 2002 that employment had fallen, and was the largest decrease since November 1992.

Unemployment increased by 27,000 between April and June, to 1.44 million.

Remember the number out of work doesn't tally with the benefit figures, hence the >70% difference between the figures.

Edited by BuyingBear

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labour are very different from the tories.

the tories let two major recessions happen without doing much about it

labour are far too socialist and nationalist to just sit back and let it happen like thatcher did in the early 80s. it has been claimed htatcher deliberately caused that recession by extreme use of monetarist policies .

thats a moot point. the point is it happened twice under the tories and they did little to try and prevent it,

not labour. they will fight - literally - tooth and nail to prevent it,

expect a war with Iran as the first tactic they try and use.

Iran has gas that the country needs very badly. if you cant buy the gas fairly and squarely then go in and grab it,

companies like BP then make huge profits and you are sitting on your single most important commidity - gas,

Labour will do this and much more to prevent a recession.

YOU AINT SEEN NOTHING YET

Britain (unlike America) is already doing plenty of trade with Iran. Why join a war with Iran and upset that?

frugalista

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http://www.incomesdata.co.uk/statistics/statempl.htm

Employment and unemployment: latest figures September 2005

The trend in both the employment and unemployment rates is flat. The claimant count of people claiming Jobseeker's Allowance benefit increased for the seventh month in succession, although the rising trend has eased and now stands at 866,200, a rise of 1,600 on the month.

The number of people in employment increased by 83,000 over the quarter to July and by 315,000 over the year, to reach 28.73 million. This quarterly increase in employment occurred as a result of more women in work.

The unemployment rate, on the ILO definition, was 4.7 per cent, unchanged over the quarter and over the year. The level stood at 1,418,00 in the three months to July.

Next release date: Wednesday 12 October 2005

Hmmm are you sure we're not just seeing bearish posts on the blog. Can someone point me to incontrovertible evidence of jobs losses across the economy as a whole??

Of course all the job losses on the blog are made up and imaginary ..........

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  • 301 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% +
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      • up 5%



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