msi Posted September 10, 2020 Share Posted September 10, 2020 Lloyds and PIzza hut to cut 1000 jobs Strange combination of companies to report on. Running out of dough? Quote Link to comment Share on other sites More sharing options...
Switch625 Posted September 10, 2020 Share Posted September 10, 2020 Not surprised about Lloyds or many other high street banks for that matter. I went into town last weekend to sort out a problem with my online account, first time I have been in a physical bank for over a year. Fed up with the service, or lack of, from my current bank I dropped into Barclays. It's a very different world now. One person standing in the middle of the foyer directing customers me how to use the machines and access things on line, no tellers, not another visible employee. I can't talk about Pizza Hut as I don't use them ... actually maybe that's the reason 🤔 Quote Link to comment Share on other sites More sharing options...
Sour Mash Posted September 10, 2020 Share Posted September 10, 2020 On 09/09/2020 at 09:56, Trampa501 said: Who drinks five coffees a day? I find even two is pushing it, and I know I'm unlikely to pass by a Pret when I need a coffee. That said, this may well appeal to commuters stuck in central London each day, where there plenty of Pret outlets. You can be sure the staff will be primed to upsell chocs/cakes etc. Typically 20 working days a month .. that's a quid a day for coffee which is good value even if you don't drink all five cups that you could theoretically claim. If you are a heavy coffee drinker, five cups should be enough for you. Great value either way. Quote Link to comment Share on other sites More sharing options...
Voice of Doom Posted September 11, 2020 Share Posted September 11, 2020 The boss of Heathrow is understandably gloomy. This was in the Guardian: "An independent report by Oxford Economics for Hounslow council found the decrease in Heathrow traffic threatened up to 43,000 jobs in the borough, and warned of a £200m hit to the economy causing “extreme hardship for local families and communities”. https://www.theguardian.com/uk-news/2020/sep/11/airport-boss-says-heathrow-area-risks-becoming-1980s-mining-town?CMP=share_btn_link Quote Link to comment Share on other sites More sharing options...
zugzwang Posted September 11, 2020 Share Posted September 11, 2020 9 minutes ago, Voice of Doom said: The boss of Heathrow is understandably gloomy. This was in the Guardian: "An independent report by Oxford Economics for Hounslow council found the decrease in Heathrow traffic threatened up to 43,000 jobs in the borough, and warned of a £200m hit to the economy causing “extreme hardship for local families and communities”. https://www.theguardian.com/uk-news/2020/sep/11/airport-boss-says-heathrow-area-risks-becoming-1980s-mining-town?CMP=share_btn_link I read the other day that Frankfurt is now Europe's busiest airport not Heathrow. Quote Link to comment Share on other sites More sharing options...
VancouverGuy Posted September 12, 2020 Share Posted September 12, 2020 I remember back in March at the beginning of lockdown, British Airways were saying that they'd be bankrupt by May if the lockdown continued without a bailout - we're now into September with no airline-specific support. Not sure I believe anything anymore. Quote Link to comment Share on other sites More sharing options...
sammersmith Posted September 12, 2020 Share Posted September 12, 2020 4 hours ago, VancouverGuy said: I remember back in March at the beginning of lockdown, British Airways were saying that they'd be bankrupt by May if the lockdown continued without a bailout - we're now into September with no airline-specific support. Not sure I believe anything anymore. BA’s sneaky use of easy to claim vouchers to get around their refund obligations went too far IMO. They should be investigated into their treatment of customers and fined. Blaming it on exceptional circumstances is no excuse. Quote Link to comment Share on other sites More sharing options...
dougless Posted September 12, 2020 Share Posted September 12, 2020 11 hours ago, Voice of Doom said: The boss of Heathrow is understandably gloomy. This was in the Guardian: "An independent report by Oxford Economics for Hounslow council found the decrease in Heathrow traffic threatened up to 43,000 jobs in the borough, and warned of a £200m hit to the economy causing “extreme hardship for local families and communities”. https://www.theguardian.com/uk-news/2020/sep/11/airport-boss-says-heathrow-area-risks-becoming-1980s-mining-town?CMP=share_btn_link This should help to push house prices down in West London. Quote Link to comment Share on other sites More sharing options...
Voice of Doom Posted September 12, 2020 Share Posted September 12, 2020 Yes. Heathrow's troubles will affect Hayes, West Drayton, Feltham, Hounslow and more. And with the pandemic showing no signs of abating soon, I think I'm a bit more bearish than I was a month ago about prices. Sustained R>1 = HPI <0. Quote Link to comment Share on other sites More sharing options...
msi Posted September 12, 2020 Share Posted September 12, 2020 3 hours ago, Voice of Doom said: Yes. Heathrow's troubles will affect Hayes, West Drayton, Feltham, Hounslow and more. Heathrow ruined a swathe of lovely villages and towns all in the name of 'development'. The resulting decay will be a warning. Quote Link to comment Share on other sites More sharing options...
Saving For a Space Ship Posted September 15, 2020 Share Posted September 15, 2020 UK redundancies rise at fastest rate since 2009 amid Covid crisis https://www.theguardian.com/business/2020/sep/15/uk-redundancies-rise-covid-young-workers Quote Link to comment Share on other sites More sharing options...
Giraffe Posted September 15, 2020 Share Posted September 15, 2020 19 minutes ago, Saving For a Space Ship said: UK redundancies rise at fastest rate since 2009 amid Covid crisis https://www.theguardian.com/business/2020/sep/15/uk-redundancies-rise-covid-young-workers Christ what bleating. Maggie got unemployment up to 13% through choice, and everyone loved it. Of course the pain was disproportionately applied to the north so no one gave a feck. So now we have a 0.2% rise and it’s panic stations? Quote Link to comment Share on other sites More sharing options...
GregBowman Posted September 15, 2020 Share Posted September 15, 2020 10 minutes ago, Giraffe said: Christ what bleating. Maggie got unemployment up to 13% through choice, and everyone loved it. Of course the pain was disproportionately applied to the north so no one gave a feck. So now we have a 0.2% rise and it’s panic stations? No one gave a Feck about my 3000 person employed Lucas factory in Zone 4 London either - but I guess it didn't make good gritty Northern drama To a person we did not believe in supporting one industry and not the other - otherwise you have to support them all - we just took it on the chin we didn't bleat either Your overall point is well made - I think less than 2 million will be extra unemployed - big number but nothing like the 80's Quote Link to comment Share on other sites More sharing options...
Bear Goggles Posted September 15, 2020 Share Posted September 15, 2020 5 minutes ago, Giraffe said: Christ what bleating. Maggie got unemployment up to 13% through choice, and everyone loved it. Of course the pain was disproportionately applied to the north so no one gave a feck. So now we have a 0.2% rise and it’s panic stations? Also, remember a significant number of voters are retired now, especially Tory voters, so unemployment doesn’t quite the same electoral impact as it did back then. So it’s just young people bleating, and they should buck up their ideas, it was hard when I was growing up too etc. Until they can’t pay the rent on their BTL that is, then its - WHY WONT THE GOVERNMENT DOOOOO SOMETHING ???? Quote Link to comment Share on other sites More sharing options...
Patfig Posted September 22, 2020 Share Posted September 22, 2020 Spoons cutting 450 jobs at airport locations Quote Link to comment Share on other sites More sharing options...
Saving For a Space Ship Posted September 22, 2020 Share Posted September 22, 2020 Premier Inn owner Whitbread to cut 6,000 jobs amid Covid crisis Company, which also owns Beefeater, shut hotels and restaurants in lockdown https://www.theguardian.com/business/2020/sep/22/premier-inn-whitbread-cut-jobs-covid-beefeater-lockdown Quote Link to comment Share on other sites More sharing options...
Gigantic Purple Slug Posted September 22, 2020 Share Posted September 22, 2020 On 10/09/2020 at 20:50, Sour Mash said: Typically 20 working days a month .. that's a quid a day for coffee which is good value even if you don't drink all five cups that you could theoretically claim. If you are a heavy coffee drinker, five cups should be enough for you. Great value either way. If you are going hardcore then you could probably drink 5 smoothies a day and get 50% of your required nutritional intake. That's less than a quid a day to get half your calories. Quote Link to comment Share on other sites More sharing options...
Odysseus Posted September 22, 2020 Share Posted September 22, 2020 1 hour ago, Gigantic Purple Slug said: If you are going hardcore then you could probably drink 5 smoothies a day and get 50% of your required nutritional intake. That's less than a quid a day to get half your calories. You would also spend half the day on the toilet plus developing type 2 diabetes may not be the best result Quote Link to comment Share on other sites More sharing options...
Bear Goggles Posted September 22, 2020 Share Posted September 22, 2020 2 hours ago, Saving For a Space Ship said: Premier Inn owner Whitbread to cut 6,000 jobs amid Covid crisis Company, which also owns Beefeater, shut hotels and restaurants in lockdown https://www.theguardian.com/business/2020/sep/22/premier-inn-whitbread-cut-jobs-covid-beefeater-lockdown Mostly low paid jobs I should think. The low paid are getting pummelled in this recession. Quote Link to comment Share on other sites More sharing options...
Sour Mash Posted September 22, 2020 Share Posted September 22, 2020 11 minutes ago, Bear Goggles said: Mostly low paid jobs I should think. The low paid are getting pummelled in this recession. The lower paid also make up a large proportion of workers who were deemed 'essential' and had no choice but to go to work during the lockdown while a lot of higher paid sorts were working from home or on furlough. Really, I can see a lot of disgruntled people as the economy starts to really implode. There is simply no way that this can all be paid for except by massive inflation. Will the Western Govts try another co-ordinated devaluation I wonder, like they did after the GFC? Quote Link to comment Share on other sites More sharing options...
Saving For a Space Ship Posted September 29, 2020 Share Posted September 29, 2020 (edited) Greggs hints at job cuts as furlough scheme ends https://www.bbc.co.uk/news/business-54336746 Perhaps this could save lives, given recent obesity levels .... V&A to make 10% of staff redundant amid coronavirus pandemic https://www.theguardian.com/artanddesign/2020/sep/29/va-to-make-10-of-staff-redundant-amid-coronavirus-pandemic Edited September 29, 2020 by Saving For a Space Ship Quote Link to comment Share on other sites More sharing options...
steve99 Posted September 29, 2020 Share Posted September 29, 2020 Christ what bleating. Maggie got unemployment up to 13% through choice, and everyone loved it. Of course the pain was disproportionately applied to the north so no one gave a feck. So now we have a 0.2% rise and it’s panic stations? So true and that was the beginning of the 'blame the victim ' ideology when it was applied to the unemployed. Then we got the ' Get on your bike' slogan to get you to move to where the jobs were, but of course there were no streets paved with gold nor jobs. What we got was 1000s of notherners sleeping in cardboard boxes down on the embankment, including me for a short stint where some of my more determined friends had been for a while. Winter saw them all back up north cause non of them got a job. Quote Link to comment Share on other sites More sharing options...
steve99 Posted September 29, 2020 Share Posted September 29, 2020 Mostly low paid jobs I should think. The low paid are getting pummelled in this recession. As in all recessions. However enough mid level jobs will go to give the housing markets a panic just like the 90s recession. Quote Link to comment Share on other sites More sharing options...
longgone Posted September 29, 2020 Share Posted September 29, 2020 on the news they had some 25yo complaining she had applied for 480 jobs and only had 2 interviews. 480 jobs ? i was surprised there is so many to apply for. 😂 1/4 of the workforce unemployed would shake things up. Quote Link to comment Share on other sites More sharing options...
A17 Posted September 29, 2020 Share Posted September 29, 2020 7 minutes ago, longgone said: on the news they had some 25yo complaining she had applied for 480 jobs and only had 2 interviews. 480 jobs ? i was surprised there is so many to apply for. 😂 1/4 of the workforce unemployed would shake things up. It's so easy to apply for jobs nowadays - a few clicks online, rather than sending in CVs or application forms through the post. This is maybe why you see the newspaper horror headlines - "700 applicants for part time job in Greggs" - they apply because it is easy. People will click to apply for anything within 50 miles. There is the need to prove to be looking for work in order to be paid JSA, but it does not matter if your applications are appropriate. Applying to work in a supermarket 30 miles away can sound fine initially, but realistically it will not work. The question I would ask - is she actually qualified to do anything? Quote Link to comment Share on other sites More sharing options...
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