The UK’s unemployment has risen by a staggering 14,000 in the last 3 months; this is a rise to 1.61 million unemployed people in the UK. This is only another clue pointing towards the UK falling into a recession.
The number of people claiming jobseekers allowance has climbed by a staggering 7,200 to 806,300 last month. These figures only further reinforce the fact that the UK is falling into a recession and a recession at this time may be the biggest slump the UK has seen.
With increases in the house prices by nearly 70% in the recent years the economic slowdown comes as a shock and has already shocked the UK stock market down and house prices are beginning to fall.
Many economists are speculating the recession to come within the next three months and if this trend continues it seems like a likely estimation.
If I was the competition commission the fact that prices have rose well above the amount of the gas actualy costs to import would have sent me running into the company to find out why. The fact of the matter is that since 2003 the price for electricity has rose by around 70%!
British Gas has attempted to defend its stupendous rise in profit by saying “the money generated will go into research and development to remove reliance on offshore gas and electricity”.
The rise in British Gas profits hasn’t gone unnoticed and it seems that many officials as well as the public are calling for the competition commission to step in and find out what the real cause of this increase in price is. British Gas had been under the scrutiny of the public eye of late and this is reflected in the amount of customers leaving British Gas day by day. British Gas think that a giant boom in their profits by 40% is just simply is not enough. Hopefully British Gas will be put under investigation and the UK will see some price decreases.
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Do you think there’s enough recycling done in the UK, USA and in fact the world? UK law does force some business to recycle and use much greener methods of using energy and making energy, such as bio fuel, but are the changes coming into place too late? The UK is convinced global warming is real even though some scientist still disagree and are investing in helping businesses to become green and allowing more lenient recycling methods. Business are feeling the strain of higher energy costs which is forcing them into movements such as using solar power, wind energy, bio fuel as well as investing in newer models of cars that consume less petrol in order to not be charged for the new car tax on old cars.
Energy costs have risen over 35% for a high majority of businesses and this is obviously eating into the company’s revenue and of course profit and the amount of money shareholders get.
MySpaceTV will be distributed internationally. The information was revealed at the MIPTV conference in Cannes, France. This now allows MySpace a global reach. Under this new plan, Myspace’s online shows such as “Quarterlife”, “Prom Queen,”and “Roommates” will receive a mega boost of distribution treatment and will make their way into overseas markets on international television and DVDs as well as merchandise. MySpaceTV will use their new global power to show feelers for new television programs without having to undergo the expense of filming a costly pilot episode. Advertising, said Barrett, is one thing everybody can do and is the main thrust for social media sites to generate revenue and that these sites are also trying to come up with other ideas on how to monetize by selling things to users directly. As if there wasn’t already too much advertising on MySpace.
IBM has allegedly developed, according to sources, a new type of digital storage system that could greatly increase the capacity of portable devices at a much reduced price, great for us! This new type of memory storage method is called ‘Racetrack’ memory, it utilises spinning electrons to store more data, and enables these systems to operate much faster than any regular hard drives The new system does not use any moving parts making it similar to flash memory, which reduces the likelihood of mechanical malfunction. However, unlike flash memory, it can write data at an extremely fast rate and will not ware out easily over time. Unfortunately for us this now storage is still classified as experimental so it will be an annoying 10 years till we see it in our shops, damnation.
Darling has announced that banks must pass on the interest cuts. Interest rates have been cut by a further .25% as predicted; however, Darling said that banks are not always passing on the cuts, who could blame them. With many specialists predicting a housing crash similar to the 1970’s great depression all business are now uptight and simply ‘passing on’ the cuts to the full .25% may help the customer but it wont help the banks. Banks are desperately trying to hold onto the ‘loyal’ or ‘good credit’ customers while shaking away the bad. The problem is there is so much ‘bad debt’ that the only plausible way they can make back their losses is by lending (not going to happen) or by getting better margins on their lending by not passing on the full amount. Darling has the idea just the wrong implementation.
Recently, I’ve been looking at the market as a whole and I do notice one thing: people aren’t spending money. The reason I say this is because the whole market has been going under a so called ‘recession’ in the economic cycle and this process is completely natural, yet it is not really liked by anyone because it hinders progress. Anyways, curiosity rises when you don’t have any money to buy the goods you need or really desire, yet you see some people spending as if there is no tomorrow. Even in my neighborhood, I see people buying high end cars such as Escalade, houses in the 7-figure range and buying their kids new stuff like go karts. The question is how can you get yourself in s such a position, where you have ability to start a business or just uplift your financial status.
The solutions are hidden at Choicepersonalloans.com. Choicepersonalloan gives you the opportunity to get finance at your convenience. You can apply for personal loans and see for yourself that the process is completely hassle free and the service is insanely fast. Best of all, there is no collateral, so why suppress yourself when you have the opportunity. The cash process is easy and getting this loan is basically for everyone. Even if you are suffering from bad credit, slow credit, or are maintaining a stellar credit score- everyone is welcome.
Something to note, there are many loan sites that want you to sign up, but never give user the real information upfront, such as the interest rates, if they qualify or not and so on. Choicepersonalloans.com gives you the cutting edge on information on all your deals, such as questions on how all this works and so on. They want you to be financially educated and have listed some great articles on their site:
Firstly what is job empowerment? Job empowerment is simply the amount or level of ‘authority’ the member of staff has, these vary from, managerial to shop assistant. Have you ever gone into a shop only to find it takes 2 or more ‘managers’ to get your refund on your faulty item? Yes we all have. This problem been name the “go fetch” diseased and we’ve all been hit by it. The problem is businesses are just not as trusting as they once were and fear that by giving their workers some type of power there going to create power mad employees. To be frank all there doing is lowering the job satisfaction and makes the worker feel devalued, it also waste the time of the shop assistant and anyone else that person might have to fetch in order to do what the customer needs. My message is simple: Give your employees some power and lessen your labour turn over.
