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How Fcuked Is The Uk Economy


Guest Guy_Montag

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HOLA441
Guest Guy_Montag

Given that Peugeut are laying off staff & no-one spent any money over Easter, Drive are going to be concentrating on whether the UK economy is in trouble.

Not that they've covered much so far. Back to GPs getting paid a fortune for giving people a prescription for augmentum.

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HOLA442

http://business.guardian.co.uk/story/0,,1755576,00.html

Healthier jobs picture in financial services

Press Association

Tuesday April 18, 2006

The Guardian

Jobs in the financial services sector are being filled faster than at any time since 2000, a survey showed yesterday.

Some 25,225 jobs were advertised in March, up 11% on February and twice the number in December, financial services recruitment firm Blomfield said. This is the highest number of new permanent jobs posted in the sector in 20 months.

Services doing well, so I wouldn't worry about a few job loses. In fact employment is still rising.

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HOLA443

http://business.guardian.co.uk/story/0,,1755576,00.html

Healthier jobs picture in financial services

Press Association

Tuesday April 18, 2006

The Guardian

Jobs in the financial services sector are being filled faster than at any time since 2000, a survey showed yesterday.

Some 25,225 jobs were advertised in March, up 11% on February and twice the number in December, financial services recruitment firm Blomfield said. This is the highest number of new permanent jobs posted in the sector in 20 months.

Services doing well, so I wouldn't worry about a few job loses. In fact employment is still rising.

...And so is unemployment. Weird really, maybe the population is increasing or something?

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HOLA444
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HOLA445

...And so is unemployment. Weird really, maybe the population is increasing or something?

That's correct, which is why net imigration last year was about 300K IIRC. And this creates demand for housing, as they need somewhere to live wether renting or buying.

Funny I thought unemployment was rising:

Feb 2006

Mar 2006

Apr 2006

Crikey, I was right! :P

Why is that funny? I know unemployment is rising; I don't even need to check it. But that's why I said EMPLOYMENT was rising. I made no mention of unemployment. So anyway I would put your tongue back in, it makes you look silly if you need to stick it out to concentrate.

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HOLA448

http://business.guardian.co.uk/story/0,,1755576,00.html

Healthier jobs picture in financial services

Press Association

Tuesday April 18, 2006

The Guardian

Jobs in the financial services sector are being filled faster than at any time since 2000, a survey showed yesterday.

Some 25,225 jobs were advertised in March, up 11% on February and twice the number in December, financial services recruitment firm Blomfield said. This is the highest number of new permanent jobs posted in the sector in 20 months.

Services doing well, so I wouldn't worry about a few job loses. In fact employment is still rising.

That's just the debt collecters expanding mate.... :P

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HOLA449

yes we will be in the brown stuff for a while. but look on the bright side british music and fashion will improve with a deep dark long nasty recession. and even better no one will be a big enough ***** to vote labour for a generation.

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HOLA4410

http://www.paypershop.com/press/cipd051.html

Temps and McJobs are expanding.

http://www.creditman.biz/uk/members/news-v...chksrc=NNow4251

The slight improvement in the UK’s economy must be carefully supported to avoid further rises in unemployment

Apr 18 2006

The slight improvement in the UK’s economy must be carefully supported to avoid further rises in unemployment and an end to export growth, the British Chambers of Commerce (BCC) warned last week.
Commenting on the BCC’s Quarter One Quarterly Economic Survey (QES), the largest independent business survey in the UK, BCC Director General David Frost, said:
“The QES findings signal welcome improvements in both the manufacturing and service sectors but the upturn is still very fragile and needs to be nurtured. The rise in the UK’s GDP growth has slowed down in recent quarters and given yesterday’s figures there is a distinct risk that unemployment will increase further.
Edited by Realistbear
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HOLA4411
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HOLA4415

That's correct, which is why net imigration last year was about 300K IIRC. And this creates demand for housing, as they need somewhere to live wether renting or buying.

Why is that funny? I know unemployment is rising; I don't even need to check it. But that's why I said EMPLOYMENT was rising. I made no mention of unemployment. So anyway I would put your tongue back in, it makes you look silly if you need to stick it out to concentrate.

LOL..

2.4 KIDS IN THE 90'S.

less then 1.5 kids now..

check out the death rate and we have a new build for every....

sorry.. what am I doing....??? not checking figures for myself am I???/?

lol.. housing shortage?

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HOLA4418

How f**ked is the economy? It is a matter of opinion.

Is the declining manufacturing a problem? Some feel that it shows we are already up to our necks in it, to others that it is a symptom of where we are going and to others, that it is an unfortunate, but inevitable part of the constant changing of the economy.

I am in the latter group. As a manufacturing country, we have been in relative decline for 150 years. This has accelerated in the last 30 years and yet Britain remains 4th or 5th biggest economy in th the world.

The quoted article above shows the direction that we continue to move - specialising in financial services. Many look with envy to our European counterparts, because they make a few cars or washing machines or something, but think how they are all panicking at the threat from China. The UK, a world centre for finance, is going to be safe for far longer than the washing machine makers.

But I agree, there is far too much consumer debt.

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HOLA4419

http://business.guardian.co.uk/story/0,,1755576,00.html

Healthier jobs picture in financial services

Press Association

Tuesday April 18, 2006

The Guardian

Jobs in the financial services sector are being filled faster than at any time since 2000, a survey showed yesterday.

Some 25,225 jobs were advertised in March, up 11% on February and twice the number in December, financial services recruitment firm Blomfield said. This is the highest number of new permanent jobs posted in the sector in 20 months.

Services doing well, so I wouldn't worry about a few job loses. In fact employment is still rising.

Wasn't there an article last month in one of the leading papers that a few of the financial institutions in London were looking at outsourcing their facilities to China. The Chinese are apparently more qualified now in the financial sector than quite a few of the brits here.

Look out 2007 .........

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HOLA4420

Wasn't there an article last month in one of the leading papers that a few of the financial institutions in London were looking at outsourcing their facilities to China. The Chinese are apparently more qualified now in the financial sector than quite a few of the brits here.

Look out 2007 .........

I had better eat my words then...with chopsticks.

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HOLA4422

That's correct, which is why net imigration last year was about 300K IIRC. And this creates demand for housing, as they need somewhere to live wether renting or buying.

Why is that funny? I know unemployment is rising; I don't even need to check it. But that's why I said EMPLOYMENT was rising. I made no mention of unemployment. So anyway I would put your tongue back in, it makes you look silly if you need to stick it out to concentrate.

of course employment is rising.........unemployment up 35000 employment up 170000 ....because of EEs doing all the jobs British people don't want to do......If the trend continues we will all be able to retire or go on the dole while the EEs do all the work............ and pay all the taxes.....

Polish doctors will be crawling over broken glass for £250k a year..

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HOLA4423

I would say the UK is heading for a major fall in about 15 years as the eastern block and china looks set to take advantage of our very weak manufacturing sector.

Blaming Labour is a waste of time as there's not a party out there that would make any difference, apart from the Greens.

We have several major issues:

1. Natural GAS is going to be virtually non existant in 15 years.

2. Nuclear Power is expensive and isn't suitable for the UK

3. Petrol sources may be very unreliable as the result of war and Russia

4. UK economy relies on annual growth, but being a small island means that growth is reliant on space, transport, water and power...all of which are stretched.

5. More Imports than exports = Britain is getting poorer every year.

UK Plc is in big trouble but there are people making a lot of money in the process.

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HOLA4424

http://business.guardian.co.uk/story/0,,1755576,00.html

Healthier jobs picture in financial services

Press Association

Tuesday April 18, 2006

The Guardian

Jobs in the financial services sector are being filled faster than at any time since 2000, a survey showed yesterday.

Some 25,225 jobs were advertised in March, up 11% on February and twice the number in December, financial services recruitment firm Blomfield said. This is the highest number of new permanent jobs posted in the sector in 20 months.

Services doing well, so I wouldn't worry about a few job loses. In fact employment is still rising.

Are you talking about Britain?

OK you say unemployment as a percentage is going down and there are masses of high paid service sector jobs.

How much has unemployment as a % gone down in the last year? Has anyone got some figures? (I must admit that NULab have been actually artificially putting unemployment figure up by taking people off benifit) but I am shocked that it is possible employment is rising I did not know this. I will try and find figures for 2005 1st quarter and 2006 1st quarter to see if I have been deluding myself. Also what is the real rate of wage growth? I think the official rate is less than 5% but everyone I know has got at least 10%. AND what is the real rate of inflation? does anyone think it could be less than 10%?

WOW

Did you know right up until the very last minute the Iraqi troops were driving back the Allied invasion? WOW Not alot of people know that

Edited by Flat Bear
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HOLA4425

We have several major issues:

1. Natural GAS is going to be virtually non existant in 15 years.

2. Nuclear Power is expensive and isn't suitable for the UK

3. Petrol sources may be very unreliable as the result of war and Russia

4. UK economy relies on annual growth, but being a small island means that growth is reliant on space, transport, water and power...all of which are stretched.

5. More Imports than exports = Britain is getting poorer every year.

UK Plc is in big trouble but there are people making a lot of money in the process.

1. This will effect every country, so not much that we can do about it. I know the UK's are running out, but not sure about world supplies.

2. Do not understand why not (could you explain?), but we seem to be heading in the direction for more nuc. power.

3. This will effect much of the world. Luckily we still have our own reserves, unlike most.

4. We are not a small island. Singapore is. Of course we rely on growth.

5. We do not export many visibles, but we export services that help close the gap. GDP growth shows that we are not "getting poorer every year".

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