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OnlyMe

Jobs Again

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New defiition of HPI - Help Push Investment (Abroad).

Tell me no matter how low interest rates are how do people buy houses (or pay mortgages) without a job?

What will the trade deficit look like in 2-3 years?

http://www.theargus.co.uk/the_argus/news/NEWS6.html

Firm shifts 90 jobs abroad

by Rachel Pegg

A MANUFACTURING company is to move abroad with the loss of up to 90 jobs.

BOC Edwards has announced plans to relocate one fifth of its Crawley-based workforce.

It is the latest in a series of Sussex firms to offshore jobs to countries where costs are cheaper.

Staff were told yesterday of the decision, which will mainly affect shop-floor workers.

The announcement comes just days after Worthing-based Eurotherm revealed it wants to move hundreds of manufacturing jobs to Eastern Europe.

........

http://news.bbc.co.uk/1/hi/england/staffordshire/4625924.stm

Plant shuts with loss of 175 jobs

A Staffordshire automotive factory is to close by the middle of the year with the loss of 175 jobs.

GKN's Lichfield site will shut because the firm has not recovered after being hit by the recent closure of Rover in the West Midlands, the company said.

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Not current, but just trying to get my head around the whole idea of a "redundancy party"?

The world has gone mad.

http://icbirmingham.icnetwork.co.uk/mail/n...-name_page.html

Phone staff get party - then redundancy Jan 13 2006

By Chris Morley, Birmingham Mail

HUNDREDS of staff at Vodafone's doomed Birmingham call centre will have a lavish knees-up just days before they are finally disconnected from their jobs.

The world's biggest mobile phone operator has hired part of the International Convention Centre, near the soontobe axed Brindleyplace complex, for a goodbye party on January 27.

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Not current, but just trying to get my head around the whole idea of a "redundancy party"?

The world's biggest mobile phone operator has hired part of the International Convention Centre, near the soontobe axed Brindleyplace complex, for a goodbye party on January 27.

That is going to be one wild party. How can we get in?

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I've found the number of job adverts each week in my local paper to be an excellent bellweather.

In times of deep recession I've seen it down to half a page or around 20 adverts. However, over the last five or six years it steadily climbed and sharply peaked around 330 early last year when it then began tailing off and later in the year it probably averaged 240 to 260. This year it's fallen further and now stands at 180. It would appear, from that trend, that things could really be slowing down!

Edited by ILikeBigBoobs

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ILikeBigBoobs,

Still seem to be a lot in the local paper. Mind you nearly all of them are education/health/local council - one wonders quite how many of the council jobs in particular are really on the open market. The councils still seem to be flushing taxpayers money down the drain.

Lecturer in Aeronautical engineering £20-£22K.

Bristol council - 3 X Network admin/managers - £32K

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http://icnorthwales.icnetwork.co.uk/news/r...-name_page.html

Jobs threat as firm fights cheap imports Jan 19 2006

Daily Post

A CAR accessories firm last night warned production at its North Wales factory could end because of increasing competition from foreign imports.

Bosses at BOS Automotive Products said they hoped to avoid redundancies among the 140-strong workforce on Wrexham industrial estate opened 10 years ago.

.......................

http://www.thisislocallondon.co.uk/news/he...at_hospital.php

More jobs and wards set to go at hospital

By Glenn Ebrey

Lewisham Hospital

HOSPITAL chiefs have admitted they will have to cut jobs as part of a major cost-cutting exercise.

Lewisham Hospital has already saved around £1.5m after cutting 20 mainly administrative and management posts.

But the hospital, in Lewisham High Street, says more job losses and ward closures are likely as it strives to become a "more efficient" organisation.

....................

http://www.thisisthenortheast.co.uk/the_no...news/NEWS0.html

Forty-one jobs threatened in council's budget struggle

JOBS are to be lost and council tax is likely to rise as a council tries to claw back a £7m budget shortfall.

But Redcar and Cleveland Borough Council said it was committed to investing in services, which would include care for the elderly and vulnerable children.

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The Specialist Mortgage Company, based in Earl Shilton, is looking to double its staff to 30, said one of the three founder directors Paul Clarke.

EXPANDING MORTGAGE FIRM TO DOUBLE ITS STAFF

Just a view of the flip side. However, I wonder if those jobs do ever exist in a year's time.

Edited by Gemonster

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EXPANDING MORTGAGE FIRM TO DOUBLE ITS STAFF

Just a view of the flip side. However, I wonder if those jobs do ever exist in a year's time.

There appears to be a lot of jobs going in the re-mortaging business as continued MEWing is seen as the only available vehicle to pay off credit card loans and holidays. Its a commission driven business and as long as the punters are happy to increase debt levels the mortgage racket will keep going.

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I was looking at local paper last night and saw jobs in EA's - mortgage advisor, junior sales, senior sales!!

Whats going on!!!

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Sorry if this has been posted elsewhere. If it has, I can't find it:

Dixons and PC World parent axes 1,000 jobs

The job cuts, along with out-sourcing its internal IT support to India, should save the company £20m - just enough to offset escalating rents, rates and energy bills. John Clare, chief executive, said: "Our biggest costs are increasing way above inflation".

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Geek Man,

Nope, that's another one. This paragraph says it all.

<i>The job cuts, along with out-sourcing its internal IT support to India, should save the company £20m - just enough to offset escalating rents, rates and energy bills. John Clare, chief executive, said: "Our biggest costs are increasing way above inflation."</I>

Just goes to prove you can lie about inflation all you like but you cannot stop its economic effects.

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I was looking at local paper last night and saw jobs in EA's - mortgage advisor, junior sales, senior sales!!

Whats going on!!!

1. There are a lot more properties to value and place on the market.

2. MEWing is picking up due to debt levels

3. Re-mortgaging is busier due to OO looking for lower rates

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http://www.thisisthenortheast.co.uk/the_no...rtiser/WV0.html

Another jobs blow hits dale

by the staff of the Wear Valley Advertiser

WEARDALE was shaken by a major jobs blow this week when one of its last big employers announced it is to close.

The 58 workers at Weardale Castings and Engineering Ltd, in Wolsingham, were told on Monday that the 140-year-old plant would shut down over the next two years.

........

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http://icbirmingham.icnetwork.co.uk/birmin...-name_page.html

70 automotive jobs to go in Lander takeover Jan 19 2006

The workforce at a Midland automotive firm is to be almost halved following its takeover over by a Lancashire rival.

Around 70 jobs are due to be lost at Lander Carlisle after it was bought by Accringtonbased AAT for an undisclosed sum. Lander, which makes plastic interior and exterior components for customers, which include Land Rover, employs 150 people at sites in Cradley in the Black Country and Woodgate Valley in Birmingham.

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OnlyMe,

I have been saying for awhile now that unemployment will be the main driver of the Crash this time round. The ONS data yesterday gave the biggest increase in jobless figures for over 12 years! 111k lost there job in the 3 months to November.

I think it was Capital Economics who suggested that there could be up to 500k joblosses this time around, some months ago. They should have stuck to their guns, if the job losses for the Q4 2005 continue on current trend they could be as high as 125k. At that rate we could loose well 500k this time around.

500k this year, with recession really biting by the middle of the year, anyone!!

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Geek Man,

Nope, that's another one. This paragraph says it all.

<i>The job cuts, along with out-sourcing its internal IT support to India, should save the company £20m - just enough to offset escalating rents, rates and energy bills. John Clare, chief executive, said: "Our biggest costs are increasing way above inflation."</I>

Just goes to prove you can lie about inflation all you like but you cannot stop its economic effects.

Very, very true. There is no hiding place for real inflation, and you can't completely steer the economy through under or over reprted inflation statistics.

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Very, very true. There is no hiding place for real inflation, and you can't completely steer the economy through under or over reprted inflation statistics.

Spot on. To read some posts on this forum you would believe that the Government's miss-statement of inflation will negate it's affects. It's not the reported level of inflation that effects the economy it is the actual level. The current measure is laughable but it won't change anything.

Edited by bandylegs

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  • 302 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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