Re: UK household disposable income falls for first time in 30 years
 

Got to admit the right wingers are also fighting back with some little known facts ..... Employment Vacancies are apparently up in the UK....

Methinks it's going to be a damn interesting year in blighty.


Add Debenhams as another company on the watch list.



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Re: UK household disposable income falls for first time in 30 years
 

Sounds like idle gossip to me, can't see them needing to be watched.

John Lewis profits jump 20% to £367.9m in 2010

Department store group John Lewis saw profits rise by 20%, or £61.3m, to £367.9m last year but has warned that 2011 could be more difficult.

John Lewis said that its 76,500 staff would share a bonus pool of £194.5m, with bonuses worth 18% of salary.

Nice! Retail isn't dead.

Re: UK household disposable income falls for first time in 30 years
 

The govt is treading a fine line...I watch with interest.

We hear that the economic problems are catastrophic, yet they say they can balance the books in 3 years...something doesn't quite add up there. I think there is a chance they are being irresposible (too much cut, too quickly) to get what they want done before the next election.

A bit like me saying, sh!t I've put on 10kg in the last 18 months, better lose it by Easter.

Re: UK household disposable income falls for first time in 30 years
 

Speculation mostly... it's a 2 year old thread that is still running.

http://www.cpfc.org/forums/showthread.php?t=178883

Re: UK household disposable income falls for first time in 30 years
 

If it's already been wrong for 2 years...... As for Debenhams it seems to be rated a 'strong buy' by UK brokers - who might actually have ploughed through the company's accounts. Of course there is gloom in UK retail but the ones who are still standing are likely to emerge from this far more profitable and strong.

Re: UK household disposable income falls for first time in 30 years
 

Milliband? Michael Foot part 2. Good luck to the UK if he gets in - they'll need it.

Re: UK household disposable income falls for first time in 30 years
 

Michael Foot was an amazing politician one of the best over the past 100 years, however he was far too old when he was finaly leader of party, which is a sad fact. A GREAT MAN :thumbup:

Re: UK household disposable income falls for first time in 30 years
 

If you like socialists he is. If you are a normal person then probably not!

Re: UK household disposable income falls for first time in 30 years
 

He used to scare the crap out of me as a kid when he gave his speeches! As I grew up I realised he was just an angry commie looking for an audience, nothing to be afraid of. Quite a character though, along with Tony Benn.

Re: UK household disposable income falls for first time in 30 years
 

When I left the UK 6 years ago I found the UK to be a fairly pessimistic bunch and the Australians much more happy go lucky. I don't think the British have changed but I could certainly see people looking a lot less happy as cost of living increased and mortgages got bigger and salaried didn't in Australia.

From my point of view which is London centric things are going well salaries have gone up at over the rate of inflation in the company I work for I never saw that in Sydney without having to change jobs.

Re: UK household disposable income falls for first time in 30 years
 

Of course London is the word's largest financial centre alongside New York. :thumbsup:

Re: UK household disposable income falls for first time in 30 years
 

It will be Hong Kong within the next 15 years... Unless the Chinese switch it to Shanghai.

I spent 100pct of my UK working life within the square mile. Lombard and Fenchurch Streets.

Re: UK household disposable income falls for first time in 30 years
 

There was a bit of an exodus from Hong Kong to Singapore a couple of years ago due to tax reasons. I worked in shitty Beijing for a bit...(after, like you many years in the city - on Camomile Street and then Lower Thames Street). Problem with moving the financial centre there is the time zone's all wrong. Also most of the Chinese companies I used to deal with wouldn't go through clearing houses so they couldn't trade with any one! (coal and freight derivatives).

Re: UK household disposable income falls for first time in 30 years
 

I am British and i agree with you, as a generalization we are a pessimistic and cynical bunch. A touch of both is not always a bad thing.

Re: UK household disposable income falls for first time in 30 years
 

Left school in her first term, more jobs in my area than you could shake a stick at, everybody in my area loved her and thought most Northerners where a lazy bunch. The impression it left on me was that not everybody suffers when times are tough, i never understood why people just sit and wait for the tide to turn.

As a more mature person today i understand the hardships suffered by many in the UK during her leadership, but there is no denying she changed the country and especially the north for the better.