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Old 14-05-2008, 04:26 PM   #11 (permalink)
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Default great....

mkpdavies> It certainly does not bode well:

1.) Job cuts in the City, possibly up to 10,000 due to the credit crunch, greedy cockups in the baking sector and global economic downturn

2.) New non-dom laws pushing wealthy investors and skilled transnational employees of high tech/banking business/consultancy firms out of London

3.) EU regulations making London an unattractive place for high skilled/high stress workers due to diminishing returns compared to overseas i.e. reductions in bonuses

4.) Ever growing taxes/cost of living pushing native skilled workers out of London overseas

5.) The knock on effect this will have on shops/pubs/resturants/I.T suppliers/cleaners etc.

Oh well at least we have the Olympics

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Old 14-05-2008, 07:12 PM   #12 (permalink)
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Ea of Dune is just starting out
Default .. yet more bad news.

This should cheer you up.... not!

BBC NEWS | Business | UK inflation woe 'set to worsen'

You can read the BoE inflation report below as well:

http://news.bbc.co.uk/1/shared/bsp/h...8inflation.pdf

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