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Debate House Prices
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Nationwide: prices down 1.4% in October, down 14.6% since last year
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Almost two thirds of these jobs are in the UK. I suppose the 3000 jobs might be cut from operations in countries outside the UK only, but I kinda got the feeling that a couple of thou more brits would be claiming jobseekers soon.
Couple of thousand is a tiny percentage of the population, I know. An awful lot of companies are dropping a thousand here and a thousand there recently though aren't they? I'm sure it all adds up.
Another spin tactic on the news is pointing out that it's contract/ temp staff that have been layed off.
Well whoop di doo. That's still people who have lost their jobs. Or presumably they don't count because they were on a limited term contract?
I think we'll see carnage in the retail trade after Christmas. I'd also expect a lot more finance industry jobs to go in 2009. We've seen relatively little fall-out to date considering the mess in that sector. All the redundancies in the general economy aregoing to make it worse as people default on personal debt and mortgages.--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
!!!!!!? have you seen the product CBS have just offered me?Another spin tactic on the news is pointing out that it's contract/ temp staff that have been layed off.
Well whoop di doo. That's still people who have lost their jobs. Or presumably they don't count because they were on a limited term contract?
I think we'll see carnage in the retail trade after Christmas. I'd also expect a lot more finance industry jobs to go in 2009. We've seen relatively little fall-out to date considering the mess in that sector. All the redundancies in the general economy aregoing to make it worse as people default on personal debt and mortgages.0 -
I'd also expect a lot more finance industry jobs to go in 2009. We've seen relatively little fall-out to date considering the mess in that sector..
like http://newsvote.bbc.co.uk/1/hi/business/7733575.stm ...?
"Certainly [the job cuts] will fall particularly heavily on London and New York," Citigroup chairman Win Bischoff said at a business forum in Dubai.0
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