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Debate House Prices


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Aberdeen/shire house prices

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Comments

  • beingjdc
    beingjdc Posts: 1,680 Forumite
    I'm also !!!!!! off that Labour's easy payroll has robbed us out of a nice lifestyle(that I work hard for!). The boom in public sector jobs has robbed and strangled the middle man. They are guaranteed nice easy jobs

    Why don't you apply for one and find out how nice, easy, and guaranteed they are?
    Hurrah, now I have more thankings than postings, cheers everyone!
  • donaldtramp
    donaldtramp Posts: 761 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Why don't you apply for one and find out how nice, easy, and guaranteed they are?
    beingjdc, I have no wish to live the life of reilly on a public sector income. I prefer to generate the cash that pays their wages, I prefer not suck the life out of the country.
    http://www.telegraph.co.uk/comment/telegraph-view/4807909/The-monster-created-by-Labour-must-be-tamed.html
    A choice quote,
    .
    A monster has been created which will have to be tamed – the economic crisis makes that inevitable. The state sector has unfunded pension liabilities of £650 billion (many analysts say the real figure may be twice that). People on the public payroll retire earlier and with far more generous index-linked pensions than their counterparts in the wealth-creating part of the economy. This favourable treatment has traditionally been justified on the grounds that public servants are worse paid. No longer. The Office of National Statistics says that median full-time earnings in the public sector last year were £523 a week compared to £460 a week in the private sector. The Government itself recognises the position to be unsustainable: three years ago, it sought to increase the retirement age of state workers from 60 to 65, only to back down at the first whiff of grapeshot from the unions.

    Unfunded, Guaranteed, final salary pensions that have a liability to the tax payer of £650 BILLION.( my pension is plummeting in a money purchase scheme whilst I'm picking up the tab for these chancers)
    Median full-time earnings in the public sector £523 a week compared to £460 a week in the private sector. (speaks for itself)
    Just recently been forced to set there retirement age to 65 from 60 for new employees. ( My retirement age is 68 and increasing)
    I'm not even going to go into the average sick leave of 3 weeks per employee in local councils.

    beingjdc, A cull is coming whether you like it or not. This is simply not sustainable and the country won't stand for it. You mark my words, this gravy train will come to an end.
    In fact I think this deserves to be it's own thread!
  • beingjdc
    beingjdc Posts: 1,680 Forumite
    beingjdc, I have no wish to live the life of reilly on a public sector income. I prefer to generate the cash that pays their wages, I prefer not suck the life out of the country.

    In fact I think this deserves to be it's own thread!

    It keeps being its own thread, and the same tiresome cliches are trotted out by people who generalise like the above.

    Straight answer, who has "sucked the life out of the country" over the last few years, bankers and estate agents, or teachers and nurses?
    Hurrah, now I have more thankings than postings, cheers everyone!
  • donaldtramp
    donaldtramp Posts: 761 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    http://www.theherald.co.uk/news/news/display.var.2501795.0.North_Sea_industry_threatened_by_falloff_in_drilling.php
    The UK's offshore work- force could be caught in a pincer of dramatically reduced North Sea oil exploration and the missed opportunity of offshore wind farming.
    The number of exploration wells being drilled in the North Sea has collapsed by 78% in the first quarter of 2009, according to data from the consulting firm Deloitte.
    In total, only 18 exploration and appraisal wells were drilled in the UK during the first quarter, marking a 41% drop in total drilling activity compared with the same period last year.
    advertisement


    UK Oil and Gas, the industry's representative group, has a pessimistic forecast of a 66% drop in exploration this year. The organisation has warned that if the trend continues it could shorten the life of the North Sea oil industry by 10 to 15 years.
    It says almost half of the North Sea's infrastructure could be decommissioned within a decade and instead of meeting 45% of the UK's oil and gas needs in 2020, the current investment pace would mean that domestic supplies would only be able to meet 12% of demand.

    http://www.ft.com/cms/s/0/0abf5292-27c2-11de-9b77-00144feabdc0.html
    Oil prices have plummeted from $147 a barrel in July to about $50 today.
    The North Sea's situation is significantly worse than elsewhere because new discoveries tend to be smaller and rarer and old fields are becoming less productive, but more expensive to maintain. Analysts at Barclays Capital expect spending on global exploration and production to fall by only 12 per cent in 2009.
    Companies - and the banks that fund them - are reluctant to explore the North Sea because oil prices at $40 to $50 a barrel make developing a new field, especially one that requires much new infrastructure, a risky if not foolhardy venture.
    The industry predicts further consolidation but fears it could lose as many as 50,000 of its 400,000 jobs in the next two years.
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