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libitina

Knock On Effect Of Job Losses.

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http://www.shropshirestar.com/show_article.php?aID=41155

Base closures may cost £64m

By PETER JOHNSON

The closure of Telford defence bases could be even more devastating than previously feared, with Shropshire’s economy losing up to £64 million a year, it was revealed today.

More than 1,200 people would be directly thrown out of work while hundreds of jobs in sectors like shops and construction would be lost by the “knock-on†effect, experts warn.

And Shropshire families would have £20 million less to spend a year on shopping and savings.

I suppose many of the general public only think of the job losses and not the effect on the local economy.

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you mean low house prices ?

I hope so. :)

However, I work in that area and if it all goes according to the news item, my job and many others will be at risk....etc...

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Most of the locals in Telford are uneducated - couple of GCSEs

I am sure most will find jobs with the local council or the

numerous Japanese firm that pay good wages. House price

crash is definately on the cards for the fools in Telford.

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Most of the locals in Telford are uneducated - couple of GCSEs

I am sure most will find jobs with the local council or the

numerous Japanese firm that pay good wages. House price

crash is definately on the cards for the fools in Telford.

As long as it spreads to the outlying areas pretty quickly. Well preferably before September when I hopefully start Uni and will be skint :(

Edited for spelling due to sprained wrist and trying to concentrate on psychology assignment about aggression theories.

I should also like to point out that I am not a local either ;)

Edited by libitina

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



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