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80% => The Nevillew General Discussion Forum => Topic started by: herthab on Tuesday, January 6, 2009, 11:05:36



Title: Is The Recession Affecting You?
Post by: herthab on Tuesday, January 6, 2009, 11:05:36
Found out last night that a couple of mates down here are looking at redundancy as more companies go to the wall, or downsize.

It's becoming very real in these parts and, with hardly any industry to speak of, things are looking bleak.

It's not touched me personally and touch wood it won't, but has anyone on here felt its effects yet?


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Tuesday, January 6, 2009, 11:09:27
Nope. (**touches wood**)


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Tuesday, January 6, 2009, 11:12:03
I think its in the back of everyone's mind in all honesty


Title: Re: Is The Recession Affecting You?
Post by: BANGKOK RED on Tuesday, January 6, 2009, 11:14:17
Was made redundant last month. I still have a job with the same company, only I now work on commission only without a salary. It could turn out that I make more money, but then maybe not.


Title: Re: Is The Recession Affecting You?
Post by: pauld on Tuesday, January 6, 2009, 11:16:58
I think its in the back of everyone's mind in all honesty
Yup. So far, I've actually benefitted short term as petrol's gone down and my mortgage payment has halved. But "there for the grace of God" and all that, not counting my chickens and I'm sure I'll get bitten on the arse long term like everyone else


Title: Re: Is The Recession Affecting You?
Post by: Colin Todd on Tuesday, January 6, 2009, 11:20:27
much like paul says really.

I've not been negativly effected personally and I dont know anyone who has been yet (thankfully)


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Tuesday, January 6, 2009, 11:21:41
Definitely.  I am less concerned about job security as I was a few months ago, but the worry will not disappear completely until the tone of the news flow improves.

On a financial level, my pay rise this year was not what it has been in previous years and my house is worth less than it was this time last year (not I'm really worried about a fall in a paper profit).  On the other hand, my mortgage costs have fallen dramatically over the last few months.

Like millions of others, I am hoarding cash at the moment (which I accept is not great for the economy as a whole).  When things improve, we will likely make a few capital purchases (new kitchen, bathrooms etc) and pay off another slice of the mortgage.  But for now, we're digging in and keeping our fingers crossed.


Title: Re: Is The Recession Affecting You?
Post by: sheepshagger on Tuesday, January 6, 2009, 11:26:44
I was OK until the second half of November.  Since then my sales have literally fallen off a cliff.

This time last December (2007) i sold around $3.2 Million of kit - December 2008 was just above $1 Million - so massive shortfalls - bloody unfortunate when salary is determined purely on commission !!

Cannot really see when it is going to change either - for me the biggest single influence is the £ to $ exchange rate - customers are not bringing in stock because they are afraid of more currency fluctuations....


Title: Re: Is The Recession Affecting You?
Post by: janaage on Tuesday, January 6, 2009, 11:37:44
Me and my Mrs' jobs, safe for the time being, I'd be surprised if I get laid off as we're pretty financially stable according to reports, but Mrs job could go without much notice tbh.  Fingers crossed.

Weird how 2 years, even one year, makes such a difference, is there anyone out there who doesn't know anyone who's lost their job??

Mate worked at Woolies distribution, lost job, other mate Mrs' made redundant.  One of my best mates was laid off on Friday (via text), was due to go back to work on Monday.


Title: Re: Is The Recession Affecting You?
Post by: Rich Pullen on Tuesday, January 6, 2009, 11:43:52
HMV are safe for now. I want to leave but I can't until a job is lined-up and at this stage it's been hard finding one that works with uni and paying the bills.


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Tuesday, January 6, 2009, 11:44:41
Anyone losing their job has been my deepest sympathy.  Redundancy can sometimes have a silver lining, but it's rarely a pleasant experience at the time...especially when the economic backdrop is as poor as it is at the moment.

However, I am constantly on the look out for a glimmer of good news, and remain cautiously optimistic that we should at least see the beginning of the end some time this year.


Title: Re: Is The Recession Affecting You?
Post by: chalkies_shorts on Tuesday, January 6, 2009, 11:57:55
I work in HR at Nationwide so anything can happen.


Title: Re: Is The Recession Affecting You?
Post by: LucienSanchez on Tuesday, January 6, 2009, 11:58:52
I might lose my job in April but has nothing to do with the recession. It is then that this whole mess might start to affect me. Balls.


Title: Re: Is The Recession Affecting You?
Post by: Sussex on Tuesday, January 6, 2009, 12:02:05
Yep. Royally screwed. Officially redundant on New Years Eve. Off to the solicitor at 2.30 to get the statutory compromise agreement checked and signed so I can get the redundancy money. Restructuring my fucking arse!

Bugger all out there in my line of work at the moment too. My head is in a very bad place.

I'm clinging on to the fact that something will turn up. Sob.


Title: Re: Is The Recession Affecting You?
Post by: herthab on Tuesday, January 6, 2009, 12:03:57
Yep. Royally screwed. Officially redundant on New Years Eve. Off to the solicitor at 2.30 to get the statutory compromise agreement checked and signed so I can get the redundancy money. Restructuring my fucking arse!

Bugger all out there in my line of work at the moment too. My head is in a very bad place.

I'm clinging on to the fact that something will turn up. Sob.

It's only going to get worse.

(I'm here to help)


Title: Re: Is The Recession Affecting You?
Post by: Sussex on Tuesday, January 6, 2009, 12:05:51
You're all heart baldy  :)


Title: Re: Is The Recession Affecting You?
Post by: janaage on Tuesday, January 6, 2009, 12:07:15
Yep. Royally screwed. Officially redundant on New Years Eve. Off to the solicitor at 2.30 to get the statutory compromise agreement checked and signed so I can get the redundancy money. Restructuring my fucking arse!

Bugger all out there in my line of work at the moment too. My head is in a very bad place.

I'm clinging on to the fact that something will turn up. Sob.

That's flipping bad news Sussex.  I just got a text off a friend who's been made redundant and he's taken it pretty badly, he feels very low and useless.  It can affect people pretty badly, will go round to see him later for a chat.


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Tuesday, January 6, 2009, 12:07:22
My company is on a knife edge....... ???


Title: Re: Is The Recession Affecting You?
Post by: Danjackson10 on Tuesday, January 6, 2009, 12:09:17
im lucky that im employed by the NHS and there is always a need for nurses but it wouldnt suprise me that even i will be affected in the future!


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Tuesday, January 6, 2009, 12:12:22
Sorry to hear that, Sussex.  If it's any consolation, there is always turnover in the job market - even in a recession.  Unemployment numbers will be going up in the coming months, but many of the people out of work in the summer will not be the same people who are out of work now.  Hope you find something else soon.


Title: Re: Is The Recession Affecting You?
Post by: Saxondale on Tuesday, January 6, 2009, 12:13:54
Worried.  The Missus works in solicitors who've laid off half the staff (conveyancing and he like).  She's in personal injury which will be ok, but its going to have to prop up the rest of the business.

Im freelance in the live music industry.  People still need entertaining so will still go to gigs and the main 2 companies I work for have the big hitters coming back this year who should make the money (coldplay / take that etc).  But whereas they used to take risks on load of smaller bands, investing in the possibility that they may make it whilst making losses, they are doing this less so consequently there are less shows.

I believe for me that the busy times will still be busy but the quiet times will be really quiet.  Last year I did 24 shows over Jan and Feb (traditionally a quiet time) this year I have 12 on my books at the moment and its looking unlikely that it will improve much.


Title: Re: Is The Recession Affecting You?
Post by: juddie on Tuesday, January 6, 2009, 12:25:59
sorry to hear that sussex... I've been made redundant before so I feel for you.

At the moment I wouldn't say I'm hugely affected. Like Paul, my mortgage is cheaper (house has also gone down in value, but I'm not moving anywhere soon, so nay bother) so I'm able to save (and spend) a bit more and petrol prices are helping my monthly disposable, but our company has let 50 go and the majority of those were people in my position.

I think I'll be ok because I work on behalf of a client, and as long as Man Utd don't sack us off I'll be fine.

That said, I was looking for a new job last year whereas now I'm finding there's chuff all about, so having to sit tight.


Title: Re: Is The Recession Affecting You?
Post by: Phil_S on Tuesday, January 6, 2009, 12:26:49
I'm a mortgage broker. First time buyers have almost disapeerred from the market & the ones I am talking too I am telling to hold off as prices decrease.
I still have clients coming to the end of their current deal, but for the last few months the best advice has ussually been to go on to the lenders SVR.
So no new mortgages equals no commisions. I think it will improve mid year, but I won't last that long & am looking for alternatives now.


Title: Re: Is The Recession Affecting You?
Post by: STFC_Gazza on Tuesday, January 6, 2009, 12:27:30
I work for a pub company but I am in charge of all food and beer orders so I would like to think I am ok as long as the company as a whole doesn;'t hit the wall.


Title: Re: Is The Recession Affecting You?
Post by: juddie on Tuesday, January 6, 2009, 12:28:08
I'm seriously thinking about learning a trade... they'll never be affected.


Title: Re: Is The Recession Affecting You?
Post by: Batch on Tuesday, January 6, 2009, 12:29:13
Very worried by it. Layoffs have started at our company, not affected..yet.. but my own personal opinion is the layoffs will continue quarter by quarter.

With an absolute tightening (strangling) of the belt and expected redundancy package I reckon I could survive 8-10 months on my savings. Which I guess isn't too bad but the recession will still be on.

Only consolation is our mortgage isn't as big as it could be, so I could take a much lower paid job and probably survive longer. However finding said job could be another matter.


Title: Re: Is The Recession Affecting You?
Post by: Sussex on Tuesday, January 6, 2009, 12:34:37
I'm seriously thinking about learning a trade... they'll never be affected.

Good call. Should have trained as a plumber!


Title: Re: Is The Recession Affecting You?
Post by: Chubbs on Tuesday, January 6, 2009, 12:35:09
the only way its affecting me is that its preventing me finding a new job


Title: Re: Is The Recession Affecting You?
Post by: jonbd on Tuesday, January 6, 2009, 12:37:49
Me and my boss are both being made redundant (despite bumper profits this year) and having to re-apply for one available job, so pretty gutted about that! Most people I know are pretty worried about their jobs at the mo as well, bad times!


Title: Re: Is The Recession Affecting You?
Post by: Kinky Tom on Tuesday, January 6, 2009, 12:42:16
Given that I've basically been a bum for the last 4 years since uni it's not affected me really, not in a negative way at least...

I'm temping at the Institute of Chartered Accountants where I've been on and off for the last 4 years in between heading off to the Alps.  I'm not back out there this season and one of the main reasons is that the department I'm working in is actually expanding and I've been told they want me to apply for positions that will be created soon.

I was worried that if I sod of for another season and come home in May that things would be worse and I'd not find work so have decided that now is the time to finally settle down and make some money.  So I suppose it has affected my life but in a different manner to most.

Deepest sympathies to those who have been adversely affected by all this, I know people who have lost their jobs already and while I was made redundant due to a takeover in 2000 I can't imagine what it must feel like at the moment.

Good luck to all, especially Sussex.


Title: Re: Is The Recession Affecting You?
Post by: Luci on Tuesday, January 6, 2009, 12:44:10
My job should be safe as I work on behalf of one of the biggest accounts in our company which is also tri-regional, however Im not too sure on the tenacy and lettings side of the business.  One of the offices in Mission Veijo California has already been closed down due to the economic downturn.  Luckily EMEA is the biggest region.

Have definitely benefitted from petrol decrease but thats about it.


Title: Re: Is The Recession Affecting You?
Post by: magicroundabout on Tuesday, January 6, 2009, 12:44:26
at the moment we are pretty safe. Missus is a Nurse and i design highways etc.

My company have recently made 25 people redundant company wide (only 300 employed) and the feeling is they were only getting rid of dead wood. (too top heavy)

we've been told that will only ever happen once and if we weren't involved our jobs are safe.
thing is as a small part of the company (60 people in west mids) we still bill between £600k - £900k per month!!!!

(above dead wood comment isn't aimed at others who've been made redundant. just my company alone!)


Title: Re: Is The Recession Affecting You?
Post by: Lumps on Tuesday, January 6, 2009, 12:59:45
I'm seriously thinking about learning a trade... they'll never be affected.

Is that supposed to be a joke?

Have you not been reading the news? Theres brickies, sparks and chippies being laid off all over the fucking country. None of the major housebuilding firms are embarking on any new major projects at all. the only development going on is major public schemes. All those people that would have been on the sites before are now sticking cards in post office windows and that's squeezing the established self employed tradespeople.

It's no fucking wonder the Polish plumbers are fucking off home.


Title: Re: Is The Recession Affecting You?
Post by: DiV on Tuesday, January 6, 2009, 13:12:16
Its not been too bad for me.

Been unemployed since July but still living comfortably. The amount of jobs about certainly decreased and I was getting a bit worried I wouldnt find anything.

Tempted at Royal Mail for Christmas and got offered a full time position to start this month. What with mail centres closing and Swindon expanding my job will be safe and they will no doubt be taking more on.

Petrol price coming down is a good one and im waiting for the price of astro turf to come down! I find paying £40 for an hour booking a rip off. £4 per game! Used to be able to book a pitch for £25 a few years back!!!


Title: Re: Is The Recession Affecting You?
Post by: Batch on Tuesday, January 6, 2009, 13:15:09
Last night I had a dream I was a postman.

Legget pulled up in his van whilst I was at the sorting office. But I have never met Legget but he looked exactly how I imagine Fatbury to look. I've never met Fatbury either.

All in all it was a bit strange really.



Title: Re: Is The Recession Affecting You?
Post by: BrightonRed on Tuesday, January 6, 2009, 13:19:27
I work in corporate insolvency so I've seen the full effects of the recession to date. We've probably doubled our workload over the past few months. It's a sorry state of affairs.. just yesterday I had a meeting with the company directors for a chain of 14 high street shops in the south east with liquidation the only possible outcome. That's 45 redundancies for the staff and bankruptcy and a divorce for the directors (a husband and wife team). For me personally, it's a very unusual feeling having absolute job security in a time of such uncertainty.


Title: Re: Is The Recession Affecting You?
Post by: ronnie21 on Tuesday, January 6, 2009, 13:22:58
Is that supposed to be a joke?

Have you not been reading the news? Theres brickies, sparks and chippies being laid off all over the fucking country. None of the major housebuilding firms are embarking on any new major projects at all. the only development going on is major public schemes. All those people that would have been on the sites before are now sticking cards in post office windows and that's squeezing the established self employed tradespeople.

It's no fucking wonder the Polish plumbers are fucking off home.
Well, my tame plumber was asked to visit us yesterday as we have a slight problem with the hot water system, he apologised and told me he could not come until next week as he is so busy!! 


Title: Re: Is The Recession Affecting You?
Post by: Arriba on Tuesday, January 6, 2009, 13:23:58
i'm better off due to the interest rate cuts.my brother is struggling for work though,and i have friends who worked in woollies warehouse and are now unemployed.


Title: Re: Is The Recession Affecting You?
Post by: Foggy on Tuesday, January 6, 2009, 13:25:51

im waiting for the price of astro turf to come down! I find paying £40 for an hour booking a rip off. £4 per game! Used to be able to book a pitch for £25 a few years back!!!

What a choker, my fucking heart bleeds for you. People are losing their jobs left right and centre and all you are worried about is the price of playing six a side.


Title: Re: Is The Recession Affecting You?
Post by: juddie on Tuesday, January 6, 2009, 13:27:15
i have a mate who who's a carpenter, another who does landscaping, another in plumbing, and they've never been busier...


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Tuesday, January 6, 2009, 13:27:42
Double glazing is where it's at right now. What with people not being able to get a new mortgage and move home at the moment a lot are turning to home improvements like new windows, doors, conservatories and porches. The wife's old man is a glazier (self-employed) and apart from Christmas and New Year he probably hasn't had a day off since June/July last year. He's turning work away now but previously was taking on sub-contractors who were costing him more than he was getting paid for the job, just to get the work done.


Title: Re: Is The Recession Affecting You?
Post by: Sippo on Tuesday, January 6, 2009, 13:29:59
As long as theres kids I should be ok...


Title: Re: Is The Recession Affecting You?
Post by: Tails on Tuesday, January 6, 2009, 13:33:28
Yeah the massive reduction in used car value and fuel cost me my bonus and a pay rise. I'm not that bothered though as I only would have got it because fuel was ridiculously fucking expensive anyway. Would have been nice though, I wanted a PS3.


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Tuesday, January 6, 2009, 13:33:38
DR GLASSSSSS !!!!!!!!!!!!


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Tuesday, January 6, 2009, 13:34:06
As long as theres kids I should be ok...

PERVE


Title: Re: Is The Recession Affecting You?
Post by: Sippo on Tuesday, January 6, 2009, 13:35:14
Jealous...


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Tuesday, January 6, 2009, 13:40:15
Events isnt great - everyone is cutting back - loads of big Christmas parties were cancelled - seems to be picking up a bit this week though but everything is short lead time

Due to the fact Ive been made redundant 3 times I always keep my lifeguarding now too as something to fall back on - the leisure industry is silly busy in Jan!


Title: Re: Is The Recession Affecting You?
Post by: DiV on Tuesday, January 6, 2009, 13:40:35
What a choker, my fucking heart bleeds for you. People are losing their jobs left right and centre and all you are worried about is the price of playing six a side.

why should I give a fuck about anyone else?


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Tuesday, January 6, 2009, 13:43:11
DR GLASSSSSS !!!!!!!!!!!!

For all your glazing needs.


Title: Re: Is The Recession Affecting You?
Post by: janaage on Tuesday, January 6, 2009, 13:48:26
Due to the fact Ive been made redundant 3 times I always keep my lifeguarding now too as something to fall back on - the leisure industry is silly busy in Jan!

That's the thing, with the way things are going a lot more people may be in danger of drowning.  You could be in for a busy spell.  ;-)


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Tuesday, January 6, 2009, 13:49:31
If they want to drown they should go to another leisure centre - we would have them out the pool in a jiffy ;-)


Title: Re: Is The Recession Affecting You?
Post by: Leggett on Tuesday, January 6, 2009, 13:51:26
Last night I had a dream I was a postman.

Legget pulled up in his van whilst I was at the sorting office. But I have never met Legget but he looked exactly how I imagine Fatbury to look. I've never met Fatbury either.

All in all it was a bit strange really.



thats quite offensive... :(


i'm glad i got in the post office, i'd gone for jobs at honda beforehand, good jobi didnt! feel sorry for those losing their jobs now tho. i'm quite lucky, i dont really feel the effect of the recession myself tho.


Title: Re: Is The Recession Affecting You?
Post by: tans on Tuesday, January 6, 2009, 14:05:05
I am ok at the mo.

In 3 years or so when they move my place down to Portsmouth i shall start worrying, if im not redployed somewhere else.


Title: Re: Is The Recession Affecting You?
Post by: Ralphy on Tuesday, January 6, 2009, 14:12:41
My mortgage payments have gone down and so has the cost of running my car so thats a plus.

Work wise, My job is pretty safe. Royal Mail have been making cuts and cost saving for the past 8 years so it's nothing new.

This xmas, with more people shopping online than ever, had to be one of our busiest ever.

We also announced that last year we made a profit (a first for 10 years).


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Tuesday, January 6, 2009, 14:14:23
Told you Crozier was doing a good job !


Title: Re: Is The Recession Affecting You?
Post by: Ralphy on Tuesday, January 6, 2009, 14:15:15
He is enjoying his 1 million pound bonus!


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Tuesday, January 6, 2009, 14:16:58
and your enjoying a job when millions aren't


Title: Re: Is The Recession Affecting You?
Post by: Lumps on Tuesday, January 6, 2009, 14:24:54
i have a mate who who's a carpenter, another who does landscaping, another in plumbing, and they've never been busier...

I think there's a bit of a ripple at the moment caused by all the people who a year ago might have moved house but instead are sitting tight and just sorting out all the stuff that's wrong with their current house.

But there's still at least as many trades people employed in construction than in domestic maintenance field who are all either out on their ear or worried for their jobs. That's got to have an effect sooner or later.


Title: Re: Is The Recession Affecting You?
Post by: BANGKOK RED on Tuesday, January 6, 2009, 14:34:48
I am ok at the mo.

In 3 years or so when they move my place down to Portsmouth i shall start worrying, if im not redployed somewhere else.

A Swindon fire station moving to Portsmouth? I hope you have fast fire engines.


Title: Re: Is The Recession Affecting You?
Post by: Bogus Dave on Tuesday, January 6, 2009, 14:37:59
I haven't really been affected negatively really. The only thing thats made a difference for me is the cheaper prices everywhere.


Title: Re: Is The Recession Affecting You?
Post by: Rich Pullen on Tuesday, January 6, 2009, 14:48:16
I haven't really been affected negatively really. The only thing thats made a difference for me is the cheaper prices everywhere.

I wish I was an undergraduate student right now.


Title: Re: Is The Recession Affecting You?
Post by: flammableBen on Tuesday, January 6, 2009, 14:50:42
and me


Title: Re: Is The Recession Affecting You?
Post by: Bogus Dave on Tuesday, January 6, 2009, 14:51:45
If in four years time though the whole situation is a lot worse then i am totally and utterly fucked


Title: Re: Is The Recession Affecting You?
Post by: ibelieveinmrreeves on Tuesday, January 6, 2009, 14:53:53
I'm sick of being an undergrad. I just want it over now. Mind you, I suppose I ought to appreciate where I am currently, as in the short term recession only has positive influences for me - petrol prices, etc.


Title: Re: Is The Recession Affecting You?
Post by: tans on Tuesday, January 6, 2009, 14:57:16
A Swindon fire station moving to Portsmouth? I hope you have fast fire engines.

My full time job is answering 999 calls for the fire service. On my days off i am a retained firefighter (ie on call). I work in Oxford anyhow!


Title: Re: Is The Recession Affecting You?
Post by: Ralphy on Tuesday, January 6, 2009, 16:31:42
and your enjoying a job when millions aren't

You're not wrong mate, security is a luxury.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Tuesday, January 6, 2009, 16:35:08
No job is really 100% safe. There's only one guaranteed profession on this earth and that's Undertaking.


Title: Re: Is The Recession Affecting You?
Post by: axs on Tuesday, January 6, 2009, 16:42:49
And taxman.


Title: Re: Is The Recession Affecting You?
Post by: jayohaitchenn on Tuesday, January 6, 2009, 16:47:44
And Civil Service.


Title: Re: Is The Recession Affecting You?
Post by: Arriba on Tuesday, January 6, 2009, 16:48:22
and prostitute


Title: Re: Is The Recession Affecting You?
Post by: yeo on Tuesday, January 6, 2009, 17:02:36
My work should be unaffected cars are still going to crash and breakdown in a rescession,probably more so.Weve also landed 2 pretty big contracts increasing our area (I might have to start doing actuall work though)My boss seems to have no trouble buying new kit as well so I assume he can still get credit.

Im still worried though,mostly because im middle aged with no skills or qualifications and huge debt.If I lose this job i'llstruggle to find another.


Title: Re: Is The Recession Affecting You?
Post by: Sussex on Tuesday, January 6, 2009, 17:52:28
Well that was depressing. Signing away a career you've worked for since the age of twelve for xx grand. It's Birdy I feel sorry for, relocated from Abingdon and I've let her down.

I'm really struggling with this.

On the plus side I bought a jiffy bag to post DRS' dvd.

Let's all have a disco  :(




Title: Re: Is The Recession Affecting You?
Post by: Iffy's Onion Bhaji on Tuesday, January 6, 2009, 18:03:56
Not sure about my job yet. I reckon they'll get rid of half us in the near future probably the end of this month or start of next. Luckily I do not have bills to pay so financially I have not really been badly affected like others have been and could cope. With jobs pretty much drying up by the day and the doll queue growing it's going to be very hard to find a new job for anyone that does get bad news though. There seems to be no signs of the downturn ending anytime soon either. Rough times ahead I feel.


Title: Re: Is The Recession Affecting You?
Post by: LucienSanchez on Tuesday, January 6, 2009, 18:04:55
Well that was depressing. Signing away a career you've worked for since the age of twelve for xx grand. It's Birdy I feel sorry for, relocated from Abingdon and I've let her down.

I'm really struggling with this.

On the plus side I bought a jiffy bag to post DRS' dvd.

Let's all have a disco  :(




That sucks mate (I know that doesnt quite cover it). And i'm sure she won't feel let down, it can't be avoided and it's just a massive shitter.

Hope it all works itself out okay for you both, i'm sure it'll all be okay and you'll continue to be happy soon enough.


Title: Re: Is The Recession Affecting You?
Post by: Dazzza on Tuesday, January 6, 2009, 18:24:00
Interesting to read how people are being affected…

I’m incredibly lucky in that the old mortgage payments have gone down to what I’d spend on a (very) heavy weekend out. 

The old job is safe as houses and the job market over here remains pretty good.  I think it’s about 4% unemployment rate although quite a few people have been affected by what’s going on in the wider world particularly the financial and retail sectors.  That said being offshore has its advantages and there are still a lot of vacancies about.

Only slight needle I that I have an apartment purchased off plan due to complete next year and while the housing market remains pretty good (up 4% last month) I doubt I’ll be able to shift it as quick for a return.  That said I’ll have no problems renting it out and have my backside covered in a worse case scenario.

If anyone fancies relocating  I charge a bottle of Vodka for my services!


Title: Re: Is The Recession Affecting You?
Post by: DMR on Tuesday, January 6, 2009, 18:31:43
Good time to be a student really, with an interest-free overdraft and 2% loan etc, with a bit of luck when I come out things will be on the up again. Weird as I left the construction industry to go back to uni and that's an area that's really suffering, my position ceased to exist when I left so perhaps I was in the firing line.

Can't help but think some of you are being a bit naive though saying your job/company is safe, you've only got to look at some of the casualities that seemed to collapse out of the blue and usually those directly affected will be the last to know. Don't think anyone is 100% secure at the moment.


Title: Re: Is The Recession Affecting You?
Post by: Bob's Orange on Tuesday, January 6, 2009, 18:34:16
I am extremely lucky. There have been job losses over here but none that I know of so far. I don't expect any bonus or pay rise of course but I am just happy to be employment earning a decent wage. I don't own a house or have any debts and own my car outright so if anything was to happen I would have a bit of loot to fall back on.

Of course I also enjoy the current weak pound against the Euro and petrol prices are as low as 0.85 cents a litre here!

I'm not stupid though, I work for a bank as a Fund Accountant so if things were to get worse I am not sure what would happen, although seemingly the Luxembourg Govt pay 80% of a monthly salary for the period of time in work. i.e if I was made redundant tomorrow I would get 80% of my salary for 2 years so a bit of security.


Title: Re: Is The Recession Affecting You?
Post by: Ironside on Tuesday, January 6, 2009, 18:52:06
I'm seriously thinking about learning a trade... they'll never be affected.

Until the next wave of immigrants arrive and under-cut you...

Oh, and I'm doing okay...for the time being.


Title: Re: Is The Recession Affecting You?
Post by: Bedford Red on Tuesday, January 6, 2009, 19:45:36
I moved House in November, got myself a real bargain. Still taken on a lot bigger mortgage but it's a lovely house, i do think about it not being the best time to move but sometimes you just have to go for it and not think about all the risks.

I work for the Local Council in Housing Benefits, we are absolutely overrun with work at the moment and it's getting busier every week. Sadly for us, the recession is bringing us more and more work.

No job is safe, Local Government is probably safer than most as they look after you well. I've been made redundant before (from a bank) and it's not nice.

Good luck with it Sussex (and anyone else in that position). Try to remain positive and just keep plugging away at agencies/companies etc. And get out and about. When i lost my job with the bank, the boredom got to me the most, don't sit around at home all day, it did my head in.


Title: Re: Is The Recession Affecting You?
Post by: Batch on Tuesday, January 6, 2009, 20:03:09
It's Birdy I feel sorry for, relocated from Abingdon and I've let her down

No you really haven't, not on the job front anyway :).

There isn't anything you can do about what has happened and it isn't a failing on your part. You have to start looking forwards now.


Title: Re: Is The Recession Affecting You?
Post by: pumbaa on Tuesday, January 6, 2009, 20:09:58
Well that was depressing. Signing away a career you've worked for since the age of twelve for xx grand. It's Birdy I feel sorry for, relocated from Abingdon and I've let her down.

I'm really struggling with this.

On the plus side I bought a jiffy bag to post DRS' dvd.

Let's all have a disco  :(




Paul, I really don't know what to say. Its only natural to feel the way you do, but you couldn't have forseen the situation you are in now. And would that have made any difference?

Anyway, chin up fella, and if you need to chat, you know what to do.

Anyone want to come and work with me? Recruiting Project Managers and Systems Engineers at the moment (despite having to take a 25% staff cut over the next three years). You'll have to move to Brizzle though......


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Tuesday, January 6, 2009, 20:12:14
You'll have to move to Brizzle though......

I was interested until this bit.


Title: Re: Is The Recession Affecting You?
Post by: pumbaa on Wednesday, January 7, 2009, 07:38:33
Haha, I don't believe you.....

In all seriousness though, if anybody is interested in a technical based Project Management or Systems Engineering career, PM me and I'll send you the link to the recruitment website which gives details on the posts, qualifcations etc. necessary - I don't want to post the link on an open forum. Campaign is open until 6 February. Just to confirm that the jobs are based in Bristol, but you really don't have to move......


Title: Re: Is The Recession Affecting You?
Post by: LucienSanchez on Wednesday, January 7, 2009, 08:42:29
What does it actually entail?


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Wednesday, January 7, 2009, 08:54:46
Well that was depressing. Signing away a career you've worked for since the age of twelve for xx grand. It's Birdy I feel sorry for, relocated from Abingdon and I've let her down.

I'm really struggling with this.

On the plus side I bought a jiffy bag to post DRS' dvd.

Let's all have a disco  :(




Hope this doesn't sound preachy, but you have to keep your chin up because you don't know what's around the corner.  I don't know your situation, but I very much doubt you have signed away your career at all - in much the same way that pretty much everyone affected by the early 1990s recession got back on their feet after a while.

I know it must all seem terminal at the moment but hopefully, once the shock has passed, you'll see that it isn't.  Like I said, I'm not trying to preach.  I'm far from confident of my own security, and hope I won't be needing to heed my own advice in the coming months.


Title: Re: Is The Recession Affecting You?
Post by: pumbaa on Wednesday, January 7, 2009, 09:39:59
What does it actually entail?

I'm not prepared to disclose that information on open forum, but will happily send you a website via via PM if you are interested.


Title: Re: Is The Recession Affecting You?
Post by: Sussex on Wednesday, January 7, 2009, 11:25:28
Hope this doesn't sound preachy, but you have to keep your chin up because you don't know what's around the corner.  I don't know your situation, but I very much doubt you have signed away your career at all - in much the same way that pretty much everyone affected by the early 1990s recession got back on their feet after a while.

I know it must all seem terminal at the moment but hopefully, once the shock has passed, you'll see that it isn't.  Like I said, I'm not trying to preach.  I'm far from confident of my own security, and hope I won't be needing to heed my own advice in the coming months.

I know you're right Ardiles, and knew it was coming six weeks ago. Just that now it's actually done I'm a bit lost and confidence is knocked for six. Give it a few days, I'll be right as rain.


Title: Re: Is The Recession Affecting You?
Post by: DMR on Wednesday, January 7, 2009, 19:07:03
I'm not prepared to disclose that information on open forum, but will happily send you a website via via PM if you are interested.

Haha, one minute you're touting it about the next you won't discuss it. Cock.


Title: Re: Is The Recession Affecting You?
Post by: Gazza's Fat Mate on Wednesday, January 7, 2009, 19:11:22
I don't wanna comment as I don't want to jinx myself. Anyone else feel like this?


Title: Re: Is The Recession Affecting You?
Post by: herthab on Wednesday, January 7, 2009, 19:14:34
In my industry, Food Retail, those in management positions in store are pretty secure.

Unfortunately, I'm not in store. If the recession bites, they will restructure field-based staff. Which usually means redundancies.

So no, I don't feel safe at all.


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Wednesday, January 7, 2009, 21:16:52
I didn't feel safe from getting the chop before the recession and even less so now.

Unfortunately my firm could get rid of me without a redundancy package if they wanted to as I have invoked one condition of my contract which would allow them to say I'd underperformed. I guess the only bonus if that happened would be I won't have to pay the £3000 training costs back that I would have to if I simply moved jobs.


Title: Re: Is The Recession Affecting You?
Post by: Kinky Tom on Wednesday, January 7, 2009, 21:37:19
Si, you could check out CABA if you get made redundant.  Think they're quite busy at the moment.


Title: Re: Is The Recession Affecting You?
Post by: pumbaa on Thursday, January 8, 2009, 08:37:38
Haha, one minute you're touting it about the next you won't discuss it. Cock.

Wind your neck in you clueless little prick. I won't post the detail on open forum due to the sensitive nature of the business I work in. Anyone interested can PM me.


Title: Re: Is The Recession Affecting You?
Post by: mexico red on Thursday, January 8, 2009, 10:11:10
its tough in club land, even in a place like brighton, the next couple of months is going to see numerous clubs down here go tits up. hold on tight everybody.


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Thursday, January 8, 2009, 11:29:37
My daddio is being let go next week!! :cry:

grrr there goes my big birthday pressie!  ;)


Title: Re: Is The Recession Affecting You?
Post by: janaage on Thursday, January 8, 2009, 11:48:58
Can't help but think some of you are being a bit naive though saying your job/company is safe, you've only got to look at some of the casualities that seemed to collapse out of the blue and usually those directly affected will be the last to know. Don't think anyone is 100% secure at the moment.

Dave I don't think you're really comprehending exactly what some may mean by secure.  Personally I feel secure, my directors have confirmed that financially our company is very financially secure.  Of course, having said that, they could let me go at any time, but with the length of service I have I'd walk out of here with a very attractive redundancy cheque.  Meaning that I could use that to support myself for the next year or two.  Therefore, security wise, I feel a lot more secure, financially, than others may do at this time.  That's my logic/thinking anyway.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Thursday, January 8, 2009, 11:51:41
How many years service have you got Jan?


Title: Re: Is The Recession Affecting You?
Post by: janaage on Thursday, January 8, 2009, 11:58:09
10 this year (10 days extra holiday this year - hurrah), but I'm on the old redundancy basis, a month per year, plus 3 months.  And now my salary's a lot healthier these days, if the worst happened, and I had to tighten the belt, I'd get buy for sometime on that kind of pay out.  Especially as I'm not a proud man, I'd do most jobs to continue earning (to supplement my income).


Title: Re: Is The Recession Affecting You?
Post by: Batch on Thursday, January 8, 2009, 12:02:43
10 this year (10 days extra holiday this year - hurrah), but I'm on the old redundancy basis, a month per year, plus 3 months. 

Wow, that's a stonking package. Hope you don't need it mind.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Thursday, January 8, 2009, 12:03:28
I'm on the old redundancy basis, a month per year, plus 3 months. 

That's what my step-dad got when he was made redundant from Zurich a few years back. He had 15 years service so had a very healthy redundancy package.


Title: Re: Is The Recession Affecting You?
Post by: janaage on Thursday, January 8, 2009, 12:07:26
I was in line for redundancy a few years ago, gutted when I didn't get it, as I wasn't enjoying my role at that time.  But now I'm on a decent job, I've learned a lot in the last 3 years (which is transferrable to other company's) so things are looking a lot brighter.

As GFM had said I've probably jinxed myself now!


Title: Re: Is The Recession Affecting You?
Post by: dell boy on Thursday, January 8, 2009, 18:47:35
I was in line for redundancy a few years ago, gutted when I didn't get it, as I wasn't enjoying my role at that time.  But now I'm on a decent job, I've learned a lot in the last 3 years (which is transferrable to other company's) so things are looking a lot brighter.

As GFM had said I've probably jinxed myself now!

Two or three years ago it use to be the golden ticket to be made redundant with the service you have given your present employer, but now, keep what you have Jan, things are going to get so much worse and changing jobs for another supplier well those jobs are going to disappear as others tighten their belts.

On a personal note, I've lost a fucking fortune in the last nine months and now have to think about taking employment again, thought I was safe to live on what I had saved and what I had invested.

Happy Fucking New Year Britain.


Title: Re: Is The Recession Affecting You?
Post by: Bushey Boy on Thursday, January 8, 2009, 20:14:06
Personally, i've had to cut back staffing and am now working silly hours with no let up in sight.  Bonus is Buy to let mortgages have come right down and so has my mortgage and petrol.  Saying that ive now decided cash jobs are the way forward, fuck this countyrs system anymore!  All about keeping ehad above water


Title: Re: Is The Recession Affecting You?
Post by: ronnie21 on Thursday, January 8, 2009, 20:16:33
Personally, i've had to cut back staffing and am now working silly hours with no let up in sight.  Bonus is Buy to let mortgages have come right down and so has my mortgage and petrol.  Saying that ive now decided cash jobs are the way forward, fuck this countyrs system anymore!  All about keeping ehad above water
No more DRS then Ash?


Title: Re: Is The Recession Affecting You?
Post by: Bushey Boy on Thursday, January 8, 2009, 20:28:34
DRS left last week, but that was because another memeber of staff was returning from maternity.  Hes in new employmnet with lots of fir women and more money as he told me!


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Thursday, January 8, 2009, 20:32:27
Speaking of fit women, have you seen Naomi's facebook photos yet Bushey?


Title: Re: Is The Recession Affecting You?
Post by: Bushey Boy on Thursday, January 8, 2009, 20:34:54
Nah shes still a aclient, are they that good?


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Thursday, January 8, 2009, 20:36:50
Nah shes still a aclient, are they that good?

They have gained notoriety at my work place. Sadly they only go as far as bikini shots, although the black dress photos are the favourite.


Title: Re: Is The Recession Affecting You?
Post by: STFC_Gazza on Friday, January 9, 2009, 12:36:06
It's just started effecting me now! Been told that if we don;'t reach our targets for January and February as a company our investors will cut losse and we will be done!


Title: Re: Is The Recession Affecting You?
Post by: Rich Pullen on Friday, January 9, 2009, 12:39:02
Is reaching said targets possible though Gazzza?


Title: Re: Is The Recession Affecting You?
Post by: STFC_Gazza on Friday, January 9, 2009, 12:41:30
Is reaching said targets possible though Gazzza?

Not really no. we are a pub company owned by investors. We haven't reached target in about 1.8 years so.... not looking good.


Title: Re: Is The Recession Affecting You?
Post by: Batch on Friday, January 9, 2009, 12:42:39
Any chance of a buyout or part sell off Gaz? I'll keep my finger crossed.


Title: Re: Is The Recession Affecting You?
Post by: LucienSanchez on Friday, January 9, 2009, 12:46:33
They have gained notoriety at my work place. Sadly they only go as far as bikini shots, although the black dress photos are the favourite.

Sounds intriguing... who is this crumpet?


Title: Re: Is The Recession Affecting You?
Post by: STFC_Gazza on Friday, January 9, 2009, 12:47:32
Any chance of a buyout or part sell off Gaz? I'll keep my finger crossed.

MAybe but I work at head office so even if there was a buy out the work would already be done at a different head office so... makes no diff really. The pub managers are the safests ones really its head office who would lose their jobs


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Wednesday, January 14, 2009, 18:13:38
Think crunch time may be next week :(


Title: Re: Is The Recession Affecting You?
Post by: LucienSanchez on Wednesday, January 14, 2009, 18:24:07
Bad news?


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Wednesday, January 14, 2009, 18:33:40
Work's slow and some of the managers are acting suspicously. I won't even get a redundancy package which worries me more than losing the job per se.


Title: Re: Is The Recession Affecting You?
Post by: LucienSanchez on Wednesday, January 14, 2009, 18:57:43
Hope it's not the worst


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Wednesday, January 14, 2009, 19:13:00
Cheers.

Have you heard anymore about your future?



Title: Re: Is The Recession Affecting You?
Post by: LucienSanchez on Wednesday, January 14, 2009, 19:19:43
2nd Feb we have a meeting to discuss what happens next. 6 out of 20 people are being retained by Nationwide, the rest will move to CC and then stay on the Nationwide contract, or be made redundant


Title: Re: Is The Recession Affecting You?
Post by: cib on Wednesday, January 14, 2009, 19:50:49
Good time to be a student really, with an interest-free overdraft and 2% loan etc, with a bit of luck when I come out things will be on the up again.

I graduated last Summer, did a little bit of travelling and have come back now needing to find a job. Thinking of going into teaching, which stills means i need a job until September with next to nothing around so i'm finding things a little difficult. But i thought interest rates on student loans weren't the same as those set by the bank of england?! I'm paying around 4% interest overall i think, thats not likely to change either


Title: Re: Is The Recession Affecting You?
Post by: oxford_fan on Wednesday, January 14, 2009, 20:58:49
why the hesitancy with teaching cib?

i started going down that route in august and have my PGCE interview tomorrow. if i can help at all ask away.


Title: Re: Is The Recession Affecting You?
Post by: cib on Wednesday, January 14, 2009, 21:05:34
I finished Uni and planned to go to New Zealand for a few months, not really knowing what i wanted to do once i got back - part of why i went travelling. But having come back its probably the best option for me and i'd probably enjoy it more than getting on some graduate training scheme, although i could earn more that way.


Title: Re: Is The Recession Affecting You?
Post by: ron dodgers on Thursday, January 15, 2009, 00:06:22
2nd Feb we have a meeting to discuss what happens next. 6 out of 20 people are being retained by Nationwide, the rest will move to CC and then stay on the Nationwide contract, or be made redundant

when did the redundancy bit come in Alex? The BT lot had a choice of transferring or fucking off - it's not a redundancy situation as fas as I know.


Title: Re: Is The Recession Affecting You?
Post by: LucienSanchez on Thursday, January 15, 2009, 09:04:19
Basically we all go to CC, then they will either keep us on or get rid; same terms apparently. If you refuse to go over, it's seen as a resignation. 2nd Feb we should know if CC intend on keeping us all for any length of time, or if they are getting rid pretty sharpish.


Title: Re: Is The Recession Affecting You?
Post by: ron dodgers on Thursday, January 15, 2009, 10:07:56
I see what you mean - good luck you ugly bastard!


Title: Re: Is The Recession Affecting You?
Post by: LucienSanchez on Thursday, January 15, 2009, 10:08:40
Your compassion touches me deeply...


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Tuesday, January 20, 2009, 12:13:21
It's looking like there'll be no corporate bonus this year :( And most likely a below inflation payrise :(


Title: Re: Is The Recession Affecting You?
Post by: pauld on Tuesday, January 20, 2009, 13:23:49
It's looking like there'll be no corporate bonus this year :( And most likely a below inflation payrise :(
I think this is year to be grateful if you keep your job tbh. And any payrise at all is a bonus in itself.


Title: Re: Is The Recession Affecting You?
Post by: ron dodgers on Tuesday, January 20, 2009, 14:14:02
no payrises for us for a few years. It's where to put your money that is getting to be a problem (for us elderly that have some) all the British banks are technically insolvent and the Irish ones have been nationalised, and Ireland is broke anyway. The Indian ICICI bank offers the best saving rate - who'd have believed it? Invest in the Rupee my son.


Title: Re: Is The Recession Affecting You?
Post by: janaage on Tuesday, January 20, 2009, 14:20:44
I think this is year to be grateful if you keep your job tbh. And any payrise at all is a bonus in itself.

I'm still hoping for a decent bonus and pay rise.  Think it and it will come.


Title: Re: Is The Recession Affecting You?
Post by: Rich Pullen on Tuesday, January 20, 2009, 14:33:36
Doing a masters degree at the moment while working full-time.

Listening to Vine on Radio 2 last week made me wonder why I bother doing a postgraduate degree... I decided to do one to be one ahead of the undergraduates because so many go to university nowadays. Anyway, it's not what you know - it's who you know, and I know nobody!

I wanted to move jobs from Durham to Newcastle/Gateshead/Closer to home but it's simply not worth the risk as HMV are doing alright. I did call centres all through uni in Plymouth - I couldn't stomach it now and retail is the only work that really works with uni.

It's not big-boy stuff like those with families and mortgages but it's not fun at the moment.


Title: Re: Is The Recession Affecting You?
Post by: dell boy on Tuesday, January 20, 2009, 20:12:33
To the original question: Is The Recession Affecting You?

Yes, Yes, Yes, lost a fucking packet.


Title: Re: Is The Recession Affecting You?
Post by: axs on Tuesday, January 20, 2009, 21:50:46
To the original question: Is The Recession Affecting You?

Yes, Yes, Yes, lost a fucking packet.

My response to the original question is: It's not a fucking recession yet.


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Tuesday, January 20, 2009, 22:27:32
How so?


Title: Re: Is The Recession Affecting You?
Post by: Nemo on Tuesday, January 20, 2009, 22:33:03
It's not officially a recession until the official statistics show two quarters of negative economic growth. This hasn't hapenned yet, but sure as hell will do whenever they get round to releasing the figures.


Title: Re: Is The Recession Affecting You?
Post by: axs on Tuesday, January 20, 2009, 22:40:46
Exactly, within two weeks I believe.


Title: Re: Is The Recession Affecting You?
Post by: Sippo on Tuesday, January 20, 2009, 22:51:10
So when do the 'experts' expect things to pick up?

When will the damn pound get stronger? Its weak as fook at the moment.


Title: Re: Is The Recession Affecting You?
Post by: Nemo on Tuesday, January 20, 2009, 22:54:20
The pound's fucked, the UK government is on the verge of having it's credit rating downgraded, which would be pretty terrible for the strength of the currency. At the moment, the UK Government is considered a worse credit risk than Unilever, which is odd. I'm a bit pissed off by all this as it's made my holiday bloody pricy.

Experts seem a bit split, but most seem to think 18 months to two years, although I've seen gloomier economists (William Keegan notably) predict worse.


Title: Re: Is The Recession Affecting You?
Post by: Bogus Dave on Tuesday, January 20, 2009, 22:54:37
it isnt really, at this point in time its still stronger than the euro and the dollar isnt it? Just not as much as it once was


Title: Re: Is The Recession Affecting You?
Post by: chalkies_shorts on Tuesday, January 20, 2009, 22:56:45
Apparently 2010 they think things will start getting better again - until then its all downhill. I think we're experiencing the tremors before the earthquake so hang on to your hats its going to be a very bumpy ride.


Title: Re: Is The Recession Affecting You?
Post by: Bogus Dave on Tuesday, January 20, 2009, 22:59:26
Oh and i read one article somewhere that said the recession wont be as bad as people are saying, and we'll come out the other side alot better for it. Im going by what that said, and ignore everything else


Title: Re: Is The Recession Affecting You?
Post by: axs on Tuesday, January 20, 2009, 23:37:09
it isnt really, at this point in time its still stronger than the euro and the dollar isnt it? Just not as much as it once was

If by 'stronger' you mean one pound is worth more than one euro or dollar then you are right, but that doesn't make it stronger, it's just a nominal figure, the pound has lost a lot of ground recently, especially against the euro.


Title: Re: Is The Recession Affecting You?
Post by: Batch on Tuesday, January 20, 2009, 23:38:43
The pound used to be worth nearly 2 dollars. It's now worth just under $1.40. Now that's what I call devaluation.


Title: Re: Is The Recession Affecting You?
Post by: RobertT on Wednesday, January 21, 2009, 00:36:49
Pah, the pound was around $1.50 for years, the $2.00 dollar mark was achieved thanks to the US Treasury slashing interest rates a couple of years ago and actively trying to devalue the Dollar to boost trade knowing the shit was approaching the fan on a bullet train.

The Euro will go tits up in a month or two once the tidal wave of gloom sweeps Europe away as well.  It's a year or so down the line the real value will settle again.

It's a bit of a fucker right now though because I'm going to be using Euro's and Dollars this year.


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Wednesday, January 21, 2009, 10:11:46
I was in York on Saturday night and i was turned away at 8-30pm from 3 restaurants who couldnt seat me and the old lady because they were fully booked......quickest was 9-45pm...

Eating out is a good gauge.......so things arent all that bad....IMO.

My job is still on a knife edge tho (since June)...


Title: Re: Is The Recession Affecting You?
Post by: ron dodgers on Wednesday, January 21, 2009, 13:38:39
Pah, the pound was around $1.50 for years, the $2.00 dollar mark was achieved thanks to the US Treasury slashing interest rates a couple of years ago and actively trying to devalue the Dollar to boost trade knowing the shit was approaching the fan on a bullet train.

The Euro will go tits up in a month or two once the tidal wave of gloom sweeps Europe away as well.  It's a year or so down the line the real value will settle again.

It's a bit of a fucker right now though because I'm going to be using Euro's and Dollars this year.

yarp - wait till they have to bail the Oirish out - Celtic Tiger - my arse - all on grants and borrowed money - bah fucking Scottish/Irish nutters


Title: Re: Is The Recession Affecting You?
Post by: sheepshagger on Wednesday, January 21, 2009, 15:11:45
Don't know whats wrong with you lot....

I am happy - I get paid in Dollars :):):)



Title: Re: Is The Recession Affecting You?
Post by: Lash_sumthin on Thursday, January 22, 2009, 12:22:54
at risk as of 20 minutes ago


Title: Re: Is The Recession Affecting You?
Post by: Sippo on Friday, January 23, 2009, 08:52:33
Quote
Official data due later is expected to confirm the UK is in a recession

Did we not know this anyway?!!

http://news.bbc.co.uk/1/hi/business/7846266.stm


Title: Re: Is The Recession Affecting You?
Post by: Phil_S on Friday, January 23, 2009, 09:22:09
yarp - wait till they have to bail the Oirish out - Celtic Tiger - my arse - all on grants and borrowed money - bah fucking scottish/Irish nutters
Dead right, all the money is going east now. (Our money)


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Friday, January 23, 2009, 09:32:45
Did we not know this anyway?!!

http://news.bbc.co.uk/1/hi/business/7846266.stm

No. Not officially anyway.


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Friday, January 23, 2009, 09:33:27
GDP contraction of 1.5% in Q4 2008 (against a pre-announcement consensus of 1.2%).  This is deep, deep shit.

Good luck everyone.  I have a feeling there will be a few more of us posting hard luck stories on here in the coming months.


Title: Re: Is The Recession Affecting You?
Post by: BANGKOK RED on Friday, January 23, 2009, 09:41:28
Well Ardiles.

After having only last month been made redundant from my salaried position within the company I have now just been told that further re-structuring is in the pipeline.

The proposal begins with a higher commission schedule.... OK.

But the catch is that the company will no longer provide an office or facilities, meaning that I would have to pay out for things such as office space and telephone bills myself, as well as visas and work permits etc............. Oh, and I get to pay $150/month "Membership fee" for the pleasure.

At least I should have a plan B waiting for me sometime in March, but hold on, plan B is a job in the tourism industry.

Buggerooney.


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Friday, January 23, 2009, 09:45:51
Jeez.  I wasn't soliciting hard luck stories.

Sorry to hear it.  Sounds rough.  When I was in Bangkok I was buying three course meals for $2, so $150/month doesn't sound fun.


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Tuesday, January 27, 2009, 10:25:23
We have just been told this morning our office manager is being made redundant - shes worked here like 9 years and helped set the business up

I dont understand why they have got rid of her instead of me? she has 2 kids and is the main breadwinner in her family - I have no kids and another job and Im the one that cares the least - I feel really guilty and upset    :cry:


Title: Re: Is The Recession Affecting You?
Post by: Colin Todd on Tuesday, January 27, 2009, 10:34:52
bollocks to that JFW, its every man / woman for themselves (and their family) at the moment.


Title: Re: Is The Recession Affecting You?
Post by: Nemo on Tuesday, January 27, 2009, 10:36:07
We have just been told this morning our office manager is being made redundant - shes worked here like 9 years and helped set the business up

I dont understand why they have got rid of her instead of me? she has 2 kids and is the main breadwinner in her family - I have no kids and another job and Im the one that cares the least - I feel really guilty and upset    :cry:

She's probably on a lot more money that you.


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Tuesday, January 27, 2009, 10:55:00
Yeah they said its the role not person but I still feel a bit shit - theres only 6 of us work here so you can imagine we are pretty close knit etc If I knew it had come to this then I would have maybe volunteered to go with a pay off or something?

also muggins here will be taking on loads of her work for no extra pay no doubt

I feel kind of more trapped in my job now - whereas Ive been taking my aerobics insturtors course etc as a way to to get out


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Tuesday, January 27, 2009, 11:14:44
You shouldn't feel guilty for something that was out of your control. Did your employers offer you voluntary redundancy which you turned down? Of course they didn't, they wanted to get rid of the highest cost because they think they can cope without the manager and get away with paying less money to the other employees.

Also, what's to stop you getting out of your job? You may feel bad that you will be giving up a position the manager could have had but it doesn't work like that. I'm sure if they offered the manager your job role and salary they would decline the offer.


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Tuesday, January 27, 2009, 11:19:25
I spose

Its just ming thats all


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Tuesday, January 27, 2009, 11:29:24
What's going on with the aerobics thing? Can't you still do that?

Also will you be adorning one of those microphones and saying phrases like "pump it" and "keep it moving" whilst fat women dressed in lycra are busy dying?


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Tuesday, January 27, 2009, 11:33:30
me and Sooze both reffered on parts of our theory before Christmas but we are re-taking - we have a half day with our teacher on Thursday to go through any staicking points etc then we are going to rebook our exams

and yes pretty much to the other question!


Title: Re: Is The Recession Affecting You?
Post by: Sussex on Tuesday, January 27, 2009, 13:27:09
they wanted to get rid of the highest cost because they think they can cope without the manager and get away with paying less money to the other employees.

Spot on Si, exactly the reason I got the chop.


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Tuesday, January 27, 2009, 13:29:49
On the plus side I had a little cry so am getting awya with actual murder today!


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Tuesday, January 27, 2009, 13:32:42
This time last week there were 6 managers in the Company at my level in the UK ......................

Now there are 2 !

*gulp*


Title: Re: Is The Recession Affecting You?
Post by: nevillew on Tuesday, January 27, 2009, 15:31:38
This time last week there were 6 managers in the Company at my level in the UK ......................

Now there are 2 !

*gulp*

So long as you're one of them Fred.....


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Tuesday, January 27, 2009, 16:03:24
Luckily I am Nev


Lots more work and much longer hours, but thankful none the less


Title: Re: Is The Recession Affecting You?
Post by: Luci on Tuesday, January 27, 2009, 16:16:04
I hate hearing about redundancies etc. its so sad wondering how people will be able to support their families. 

I'm ok luckily at the moment but god help me if my MOT fails this month as I don't have any spare cash to afford repairs. (Of course I know there are bigger things to worry about than car repairs btw)


Title: Re: Is The Recession Affecting You?
Post by: Tails on Tuesday, January 27, 2009, 17:00:51
Good chance I could lose my job now. Not good!


Title: Re: Is The Recession Affecting You?
Post by: donkey on Tuesday, January 27, 2009, 17:33:13
Good chance I could lose my job now. Not good!

Good luck tomorrow then.  This thread is fucking depressing and my heart goes out to all those this has impacted on.  Been made redundant myself three times in the past.


Title: Re: Is The Recession Affecting You?
Post by: Iffy's Onion Bhaji on Tuesday, January 27, 2009, 18:10:21
I work at the same place as Tails so i'm in the same boat. At least 80 of us are going.


Title: Re: Is The Recession Affecting You?
Post by: Rich Pullen on Tuesday, January 27, 2009, 18:11:37
Where do you work IOB?


Title: Re: Is The Recession Affecting You?
Post by: Iffy's Onion Bhaji on Tuesday, January 27, 2009, 18:13:01
Arval, used to be PHH.


Title: Re: Is The Recession Affecting You?
Post by: STFC_Gazza on Tuesday, January 27, 2009, 18:17:04
Sorry to hear about peoples problems. I thought I was going to be at risk a couple of weeks ago but strangely the pub industry atleast oiur pubs have picked up a bit, ok margins aren't great but we are making more money which is what we want and with Punch Taverns and Enterprise fucked (there were protests over lease money, the licencees think that Punch & Enterprise are using their deposits upwards of £50K to keep the companies going as share prices as plummeted) we may come out the other end just a bit better which is what we aimed for in the long term. Nothing sorted but luckily it is looking up a bit.


Title: Re: Is The Recession Affecting You?
Post by: ronnie21 on Tuesday, January 27, 2009, 18:29:48
Who do you work for Gary?


Title: Re: Is The Recession Affecting You?
Post by: STFC_Gazza on Tuesday, January 27, 2009, 18:32:40
Who do you work for Gary?

Tattershall Castle Group, I control all our beer and food ordering for our pubs!

Our Pubs ---> http://www.the1440.co.uk/home.aspx


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Wednesday, January 28, 2009, 09:53:45
Tattershall Castle Group, I control all our beer and food ordering for our pubs!

Our Pubs ---> http://www.the1440.co.uk/home.aspx

Are you in charge of purchasing???   Fish??


Title: Re: Is The Recession Affecting You?
Post by: Phil_S on Wednesday, January 28, 2009, 10:14:24
I got paid £400 last week !. That was the first pay apart from monthly commision of £500 that I've recieved since October.
The good news is that I sorted out 3 mortgages too, which again are the first since last september.


Title: Re: Is The Recession Affecting You?
Post by: RobertT on Wednesday, January 28, 2009, 11:22:49
Be afraid, be very afraid.  Water industry job losses - highly regulated and protected profit industry laying a few people off = nobody is safe apart from Poundland staff.


Title: Re: Is The Recession Affecting You?
Post by: janaage on Wednesday, January 28, 2009, 11:29:30
Be afraid, be very afraid.  Water industry job losses - highly regulated and protected profit industry laying a few people off = nobody is safe apart from Poundland staff.

Stop scare mongering, no one is safe, pfft!

Jesus what is it with people these days, long gone are the days of the stiff upper lip British spirit, looks like we've turned into a bunch of cowards.  We shall fight on the high streets, we shall fight on-line, we may even fight in the job centres, we shall never surrender.

We'll get through all of this, chill the flip out!


Title: Re: Is The Recession Affecting You?
Post by: Batch on Wednesday, January 28, 2009, 11:34:01
Chill out. Yeah I mean it's silly to worry how you will pay the mortgage, feed your kids and find a new job in the current climate  ::)

Probably a bit easier if you are guaranteed a fat redundancy payoff though.


Title: Re: Is The Recession Affecting You?
Post by: janaage on Wednesday, January 28, 2009, 11:46:25
That's a fair point Batch, but I really don't see the point in focussing on the negative, or the over the top negative.  The media need to take a massive flipping smack in the chops for all of this.  Logging on to the BBC site seeing a massive red arrow pointing down on a grapgh with CRISIS etc isn't helping matters.

The whole Northen Rock thing was a disgrace from a reporting point of view, leading to panic on the high streets.  It should and could have been dealt with a whole lot better.  People like Martyn Lewis think they're helping the average Joe when in fact they're not, they just help whip it all up into a frenzy.

Of course people should be worried to a certain extent, but they should also remain positive, as this will pass, downturns do.


Title: Re: Is The Recession Affecting You?
Post by: BANGKOK RED on Wednesday, January 28, 2009, 12:06:25
Well I am looking for a new job now.

I am still working but I am far from confident with my current job. My boss doesn't help much either, I am sure that he has studied at the David Brent school of management.

Also, and unrelated to the economy, my wifes boss whom is also the owner of the company that she works for died of a heart attack the other day and so her job is looking decidedly shaky.

I'm a cheerful cunt innit!

Although I am clinging onto the hope that their is such a thing as Karma because if there is, and after the extended spell of bad luck that I have had then I have a whole shed-load of good luck coming to me at some point.

But fuck it, we won last night innit.


Title: Re: Is The Recession Affecting You?
Post by: Gelbfüßler on Wednesday, January 28, 2009, 12:07:57
Water industry job losses

Where did you hear/read that? Do you have a link?


Title: Re: Is The Recession Affecting You?
Post by: janaage on Wednesday, January 28, 2009, 12:13:31
It was on Radio Swindon this morning


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Wednesday, January 28, 2009, 12:13:56
wa on this mornings local news KR


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Wednesday, January 28, 2009, 12:14:57
Where did you hear/read that? Do you have a link?

300 jobs gone at Thames Water, mostly support staff in Swindon and Reading.


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Wednesday, January 28, 2009, 12:17:34
Just remember it is also a good climate for dealing with tough issues such as lay offs and streamlining by just blaming the credit crunch.

There was no credit crunch when Dyson production up sticks and left Malmesbury???

Just tough economic choices......and .....fuck the workers.

Alot of companies are using this as an excuse. :nod:


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Wednesday, January 28, 2009, 12:57:05
A lot of companies have lost business and can't afford to keep staff on.


Title: Re: Is The Recession Affecting You?
Post by: Sippo on Wednesday, January 28, 2009, 13:02:41
I asked for a pay rise yesterday. Take that Oxon County Council.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Wednesday, January 28, 2009, 13:38:00
I asked for a pay rise yesterday. Take that Oxon County Council.

What, for sitting on your arse playing football manager all day?


Title: Re: Is The Recession Affecting You?
Post by: Sippo on Wednesday, January 28, 2009, 13:43:31
Yep.

He he. I've promoted myself to world of warcraft now.


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Wednesday, January 28, 2009, 13:44:18
and perving on 6th Formers


Title: Re: Is The Recession Affecting You?
Post by: Colin Todd on Wednesday, January 28, 2009, 13:46:27
sounds like he's living the dream


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Wednesday, January 28, 2009, 13:48:02
Isnt world of war craft for geeks? ;)


Title: Re: Is The Recession Affecting You?
Post by: LucienSanchez on Wednesday, January 28, 2009, 13:49:03
Yes, yes it is Hando


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Wednesday, January 28, 2009, 13:50:49
Has Chubbs gone into WoW rehab yet?


Title: Re: Is The Recession Affecting You?
Post by: red socks on Wednesday, January 28, 2009, 13:53:31
Chill out. Yeah I mean it's silly to worry how you will pay the mortgage, feed your kids and find a new job in the current climate  ::)

Probably a bit easier if you are guaranteed a fat redundancy payoff though.

When I studied employment law I am pretty sure that that stautory position for any employee being made redundant is one weeks pay for each full year of service - there is nothing in law that obliges the employer to pay any more than that - no room for complacency in these times


Title: Re: Is The Recession Affecting You?
Post by: land_of_bo on Wednesday, January 28, 2009, 13:56:08
When I studied employment law I am pretty sure that that stautory position for any employee being made redundant is one weeks pay for each full year of service - there is nothing in law that obliges the employer to pay any more than that - no room for complacency in these times

Correctamundo. And if you're a high earner they don't even have to give you a full weeks wage, I think they can go as low as £325 per week.


Title: Re: Is The Recession Affecting You?
Post by: Sippo on Wednesday, January 28, 2009, 13:56:45
Isnt world of war craft for geeks? ;)

I can't get past level 1. So am really crap.

Guess I'll just have to find something else to play/do.


Title: Re: Is The Recession Affecting You?
Post by: RobertT on Wednesday, January 28, 2009, 14:01:33
Stop scare mongering, no one is safe, pfft!

Jesus what is it with people these days, long gone are the days of the stiff upper lip British spirit, looks like we've turned into a bunch of cowards.  We shall fight on the high streets, we shall fight on-line, we may even fight in the job centres, we shall never surrender.

We'll get through all of this, chill the flip out!

It's not scaremongering, and I am quite chilled despite working aforementioned industry.

Redundancies are happening, on quite a big scale and most likely a scale not seen in most of our lifetimes, i.e the 30's.

That's an almost certainty which in itself in not scaremongering.  I do feel sorry for those that will lose their jobs, and quite frankly struggle to get new ones, and even those that do will not find the same money.

On the other hand, I'm fully in favour of a positive attitude and this week booked a holiday, went to Claridges for dinner, went to Fratellos and purchased a Mama's and Papa's Buggy for my soon to be born in an attempt to keep on spending thanks to interest rate cuts.  I've had my share of bad times, so I'm enjoying it while it lasts!!


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Wednesday, January 28, 2009, 14:02:25
Yes, yes it is Hando

Im thinking Peep Show when he goes on that day out thing thing with Dobby and they are dressed up! tee hee!


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Wednesday, January 28, 2009, 14:03:21
errrrrrrrrrrrr Rob you seemed to have forgotten to tell me you and your lovely wife are having a baby?????????


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Wednesday, January 28, 2009, 14:05:27
I think everyone but you knew that JFW.


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Wednesday, January 28, 2009, 14:07:52
OMG! really???


Title: Re: Is The Recession Affecting You?
Post by: Ben Wah Balls on Wednesday, January 28, 2009, 14:09:42
I don't have to tell you things are bad. Everybody knows things are bad. It's a recession. Everybody's out of work or scared of losing their job. The pound buys a penny's worth, banks are going bust and there's nobody anywhere who seems to know what to do, and there's no end to it. We know the air is unfit to breathe and our food is unfit to eat, and we sit watching our TV's while the local news tells us that today we had fifteen murders and sixty-three violent crimes, as if that's the way it's supposed to be. We know things are bad - worse than bad. They're crazy. It's like everything everywhere is going crazy.


Title: Re: Is The Recession Affecting You?
Post by: STFC_Gazza on Wednesday, January 28, 2009, 14:19:01
Are you in charge of purchasing???   Fish??

nope someone else is. I just control the orders the pubs place for food and beer etc.


Title: Re: Is The Recession Affecting You?
Post by: Batch on Wednesday, January 28, 2009, 14:22:27
When I studied employment law I am pretty sure that that stautory position for any employee being made redundant is one weeks pay for each full year of service - there is nothing in law that obliges the employer to pay any more than that - no room for complacency in these times

Yes I know, and that is after a minimum of 2 years service too and is age related rishing to 1.5 weeks for years over a certain age.  And yes it is capped.

I was referring to Jan's personal contractual circumstances, though I probably shouldn't but he has mentioned it on here. I would imagine there are ways to change a contract mind.


Title: Re: Is The Recession Affecting You?
Post by: flammableBen on Wednesday, January 28, 2009, 14:23:51
I don't have to tell you things are bad. Everybody knows things are bad. It's a recession. Everybody's out of work or scared of losing their job. The pound buys a penny's worth, banks are going bust and there's nobody anywhere who seems to know what to do, and there's no end to it. We know the air is unfit to breathe and our food is unfit to eat, and we sit watching our TV's while the local news tells us that today we had fifteen murders and sixty-three violent crimes, as if that's the way it's supposed to be. We know things are bad - worse than bad. They're crazy. It's like everything everywhere is going crazy.

So we don't go out anymore. We sit in the house, and slowly the world we are living in is getting smaller, and all we say is, 'Please, at least leave us alone in our living rooms. Let me have my toaster and my TV and my steel-belted radials and I won't say anything. Just leave us alone.' Well, I'm not gonna leave you alone. I want you to get mad! I don't want you to protest. I don't want you to riot - I don't want you to write to your MP because I wouldn't know what to tell you to write. I don't know what to do about the depression and the inflation and the Russians and the crime in the street. All I know is that first you've got to get mad.


Title: Re: Is The Recession Affecting You?
Post by: nevillew on Wednesday, January 28, 2009, 14:40:16
Yes I know, and that is after a minimum of 2 years service too and is age related rishing to 1.5 weeks for years over a certain age.  And yes it is capped.

I was referring to Jan's personal contractual circumstances, though I probably shouldn't but he has mentioned it on here. I would imagine there are ways to change a contract mind.

And again (discussing someone else's personal circumstances) that arrangement might be ok in the example of partial redundancies, but it won't be of help in the event of business failure as the government will only (eventually) stump up the statutory minimum


Title: Re: Is The Recession Affecting You?
Post by: BANGKOK RED on Wednesday, January 28, 2009, 15:20:35
I was in a meeting with a banker last week, this banker works for a South African bank called standard bank. It is unlikely that you have heard of them, I work for an offshore financial institution myself and I had never heard of them myself before.

Anyway it was only 18 months ago that they where barely in the top 500 of the worlds banks, yet as from last week they where placed 42nd, above banks such as Lloyds, Deutsche an others.

Standard bank was not exposed at all to toxic loans, in fact not so long ago they where slated by the financial 'guru's' for not being visionary enough, yet recently they have soared through the ranks.

They have not risen from 500th to 42nd (In about 6 months I think) because they have got bigger, in fact the banker told us that they have stayed still. The reason that they have risen so much is because the others have shrunk.

That's some scary shit.


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Wednesday, January 28, 2009, 15:29:48
I was in a meeting with a banker last week, this banker works for a South African bank called standard bank. It is unlikely that you have heard of them, I work for an offshore financial institution myself and I had never heard of them myself before.

Anyway it was only 18 months ago that they where barely in the top 500 of the worlds banks, yet as from last week they where placed 42nd, above banks such as Lloyds, Deutsche an others.

Standard bank was not exposed at all to toxic loans, in fact not so long ago they where slated by the financial 'guru's' for not being visionary enough, yet recently they have soared through the ranks.

They have not risen from 500th to 42nd (In about 6 months I think) because they have got bigger, in fact the banker told us that they have stayed still. The reason that they have risen so much is because the others have shrunk.

That's some scary shit.


Like comparing Ian Huntley to the Moors Murderers...........All banks are cunts!! 

They have fucked it up through greed and reckless action and we are pissed over or bail them out.


Title: Re: Is The Recession Affecting You?
Post by: BANGKOK RED on Wednesday, January 28, 2009, 15:40:14
That all banks are cunts is not being questioned here 'The Flash'.

I am simply pointing out that a small bank has risen solely on the basis that about 458 of those above them have fallen very sharply in a very short time.

Which again, is some scary shit.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Wednesday, January 28, 2009, 15:55:48
Standard Life have just deferred their property fund for 6 months, so I can see a whole shit-storm coming our way with people trying to switch funds and surrender plans. Halle-fucking-lujah. Not.


Title: Re: Is The Recession Affecting You?
Post by: stfctownenda on Wednesday, January 28, 2009, 16:42:13
I agree to an extent with Jan if there was more positivity it may actually benefit the market there is so much doom and gloom around that its damaging to companies.  Just look at Barclays last week rumours were flying around that they had toxic debts and there shares plummeted and then when they released an open letter stating that they needed no help from the government or elsewhere and were about to be announcing record profits there shares shot back up.

No doubt its looking bleak but all this doom mongering is getting everyone down, its time that governments came up with action plans and solutions and everyone starts to rebuild.  On a positive note Asda said they will continue there expansion in the UK creating 7000 jobs and Sky said they would be creating an extra 1000 jobs, there is the odd bit of positive news hiding out there.


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Wednesday, January 28, 2009, 17:05:21
Every day that passes is another day closer to the end of the recession, another day where imbalances are unwinding and banks are forced to come clean about the state of their balance sheets.

Robert Peston's piece this morning ends with the thought that - just maybe - the darkest hour is approaching.  Things will not turn overnight...but the surest sign that they are starting to turn is when the unrelenting bad news gives way to mainly bad news peppered with a little bit of good.  Hopefully, that isn't too far away.  There is certainly anecdotal evidence that the housing market is showing signs of stirring again (in terms of buyer interest, if not mortgage availability).  Fingers crossed.

Sooner or later the newspapers are going to realise that people like me have stopped buying.  After a year or more, the 'sensationalism' of doom & gloom is starting to wear a bit thin now.  If I wanted to self-inflict pain and depression, I'd start watching Oxford.


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Wednesday, January 28, 2009, 17:21:46
That all banks are cunts is not being questioned here 'The Flash'.

I am simply pointing out that a small bank has risen solely on the basis that about 458 of those above them have fallen very sharply in a very short time.

Which again, is some scary shit.

Re read and agree..


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Wednesday, January 28, 2009, 17:42:28
Well my day just got a hell of a lot worse and due to the recession my company have decided not to fund the rest of my training. If I stay on with them I have to pay for it myself. Probably around £3k in 6 months.

Looks like this weekend will be spent weighing up my options. Sigh.


Title: Re: Is The Recession Affecting You?
Post by: axs on Wednesday, January 28, 2009, 17:47:58
That's a shitter Si. sorry to state the bleedin' obvious.

Does that mean you could walk without penalty if you could find another company willing to sponsor you?


Title: Re: Is The Recession Affecting You?
Post by: oxford_fan on Wednesday, January 28, 2009, 17:48:46
Every day that passes is another day closer to the end of the recession, another day where imbalances are unwinding and banks are forced to come clean about the state of their balance sheets.

If I wanted to self-inflict pain and depression, I'd start watching Oxford.

The way things are going at the moment, you would do better to stick with Swindon.

Word on the first bit though.

Walked through Zavvi with my Mum the other day and she said "ooh its sad isn't it, seeing a big shop going out of business", and I thought to myself "no, not at all."

Consumption and spending at every level of business and in people's lives is far too high. If firms have to go bust to correct it, so be it.


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Wednesday, January 28, 2009, 17:50:58
Yeah I asked them that and they said they would probably look to recoup a proportion of it as I have not had the full amount. If they ask me to pay it back I probably won't bother as I've heard head office don't chase it very well.

The main problem is the course I wanted to do starts in 2 weeks. I could defer it I guess, but if I can't find another firm it's going to cost me more as I'lll be missing out on pay rises.



Title: Re: Is The Recession Affecting You?
Post by: Dazzza on Wednesday, January 28, 2009, 18:10:54
That's a real fucker, is it not in their interest to get you qualified Si or have you fallen foul of a wider stretching company policy?

No chance of getting some sort of grant I take it?


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Wednesday, January 28, 2009, 18:19:33
I'm going to contact CABA tomorrow and may have some luck in the way of a grant/loan. Not going to hold my breath. Currently looking at what jobs are out there. I don't want to stay at my company anymore, but willing to stick it out for another 6 months if needs be (until I qualify).

I've fallen foul because I'm too risky based on a few failures (all resits were all funded out of my own pocket though I should add) and really they could have booted me out if they wanted. Bit of a bitch though, as I finally part-qualified last Friday and haven't failed in the last 6 months.

The thing that pissed me off is the people who made the decision didn't have the balls to tell me, I suppose that's hierarchy for you. I guess the main thing is I still have an income. Plenty more people out there who are worse off than me. Just not sure I can cope with £500 less disposable income a month. I'm not really on good money either.


Title: Re: Is The Recession Affecting You?
Post by: yeo on Wednesday, January 28, 2009, 18:23:44
I get the feeling that some companys are using the recession as an excuse to make cut backs for the sake of cut backs.


Title: Re: Is The Recession Affecting You?
Post by: ronnie21 on Wednesday, January 28, 2009, 22:22:02
I get the feeling that some companys are using the recession as an excuse to make cut backs for the sake of cut backs.
Totally agree with you on that one Yeovil.  Couldn't believe the news that Thames Water are having difficulties and chopping 300+ jobs, guess we all still use the water or have we all cut back on it!!  According to a neighbour who works there the ones who are staying are being forced into different working patterns just to keep their jobs, with the threat of a transfer to India for the call centre an option.


Title: Re: Is The Recession Affecting You?
Post by: RobertT on Wednesday, January 28, 2009, 22:38:56
Thames is not so much credit crunchy as years of spending far too much to provide a very basic service.  It's a hangover from being a previously Nationalised industry and the kind of attitude that encourages within some staff.  Credit crunch just means people begin paying real close attention to the figures for a change, so as Yeovil says, plenty of companies who are healthy will also use this time to trim down.  Give a few years and things will have bottomed out and begun moving back to growth again.  The hope is that people learn and the companies who survive do so because they are better.  It's no wonder the ones suffering now are car manufatcurers - easy money in the good times when the Jones' need keeping up with, but show themselves as patently archaic when bad times have hit.  It's a shocker they'e reacted so slowly on the green front for example, so little real advancement in design of cars over the past 40 years compared to how far other areas of science have moved on.


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Wednesday, January 28, 2009, 22:53:30
My firm have promised no redundancies, so they do that to me and heads will role. So instead they will try and make me leave '[of my own accord'. Nobody in my office will not know what's happened by tomorrow though, I'm going to make it known without saying what's happened to me. A coupleof phone calls in the open will ensure that.

Don't think it will have any other effect than make me feel better, but people should know what position they are in.


Title: Re: Is The Recession Affecting You?
Post by: oxford_fan on Wednesday, January 28, 2009, 23:09:48
guess we all still use the water or have we all cut back on it!! 

yep, we've cut back on utilities; mainly electricity and to a lesser degree water.


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Wednesday, January 28, 2009, 23:12:56
Where's arriba's avatar when you need it?

I'm a bit drunk can't you tell?


Title: Re: Is The Recession Affecting You?
Post by: yeo on Wednesday, January 28, 2009, 23:14:10
Not really no.

I have cut back on being able to tell things though.


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Wednesday, January 28, 2009, 23:15:49
good good. I thought I may have re-gained my fat drunken fingers, I'm sure I can't find the space bar. In fact knowing I can't find the space bar probably just makes me stupid, rather than drunk.


Title: Re: Is The Recession Affecting You?
Post by: yeo on Wednesday, January 28, 2009, 23:20:13
Call it "cutting back on space bar usage"


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Thursday, January 29, 2009, 09:50:25
Wow my typos aren't too bad at all.

I may add drunken typing to my skills on my CV  8)


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Thursday, January 29, 2009, 10:16:35
I just added it all up and even if I use all my remaining holiday it's going to cost me £5,800.

That's 40% of my take home pay. Cunts.


Title: Re: Is The Recession Affecting You?
Post by: Luci on Thursday, January 29, 2009, 10:28:42
All staff meeting at 11am - all staff must attend.  Sounds ominous.

 :(


Title: Re: Is The Recession Affecting You?
Post by: LucienSanchez on Thursday, January 29, 2009, 10:31:20
All staff meeting at 11am - all staff must attend.  Sounds ominous.

 :(

Good luck mate :)


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Thursday, January 29, 2009, 10:34:50
thats what happened to us Tuesday Morning :cry:

hoprfully yours in just to tell people off for using Facebook at work too much or something?


Title: Re: Is The Recession Affecting You?
Post by: Luci on Thursday, January 29, 2009, 10:38:40
Hmmmm im not convinced.

I should be ok due to the size of the account I work on as its tri-regional but as theres a domestic side of the business, I worry for them.


Title: Re: Is The Recession Affecting You?
Post by: Sippo on Thursday, January 29, 2009, 10:43:42
Just been on the phone to a supplier, and they say that Hewlett Packard are having huge cash flow problems...


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Thursday, January 29, 2009, 10:44:41
Good luck Luc


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Thursday, January 29, 2009, 10:45:46
Good luck.


Title: Re: Is The Recession Affecting You?
Post by: STFC_Gazza on Thursday, January 29, 2009, 10:47:57
Good Luck Luci hopefully its just a re-structure or a change of senior management kinda thing...


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Thursday, January 29, 2009, 10:55:32
Just been on the phone to a supplier, and they say that Hewlett Packard are having huge cash flow problems...

Aint that who Whits works for?


Title: Re: Is The Recession Affecting You?
Post by: Sippo on Thursday, January 29, 2009, 11:04:23
I think its their foreign part though, for example we get all our HP stuff shipped from France and/or Holland.


Title: Re: Is The Recession Affecting You?
Post by: Luci on Thursday, January 29, 2009, 11:22:18
Phew, Im ok, others aren't but higher up has been affected quite a bit.



Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Thursday, January 29, 2009, 11:33:57
Just been put on risk for redundancy. 250 out of 1400 jobs to go by next year.

Eek.


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Thursday, January 29, 2009, 11:36:46
Fuck !


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Thursday, January 29, 2009, 11:42:45
I blame RobT for scaremongering.


Title: Re: Is The Recession Affecting You?
Post by: wokinghamred on Thursday, January 29, 2009, 11:45:31
Closed down the wife's business - laid off four staff.
I'm just sooo thankful we did it last summer rather than trying to ride it out (even though it was very painful at the time).
Mind you, it was made easy by the landlord wanting to increase the rent by 51% !!

The wife started a new job, and after two months they have reduced her hours & pay by 20%

I'll be OK - until they tell me I'm not !


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Thursday, January 29, 2009, 11:47:13
Not likely to hear anything more for a good 6 months or so yet. It's been hinted that the selection pool will be based on KPI's so it's just time to get my head down and work hard for the next few months.

Either way I'm not really fussed, I've got a pretty open outlook on life at the moment. If the worst happens I'd get a reasonable package which would see me through a few months. As long as I can pay my mortgage each month then I'm happy. If that means I end up stacking shelves in Asda for a while then so be it.


Title: Re: Is The Recession Affecting You?
Post by: pumbaa on Thursday, January 29, 2009, 12:33:21
Blimey, some of the scare stories on here are getting rather close to home now. Good luck to all of you under threat of redundency, wherever you are and whoever you work for.

I'm rather fortunate that my job is about as secure as you can get in this climate. Yes the recession is affecting me, but not to the same extent as others less fortunate than I. That said, my organisation is becoming leaner and more efficient, but is still recruiting (there is some good news out there), so if any Project Managers or Systems Engineers are looking for work, PM me and I'll send you a link. Its only open for applicants until next Friday, so you need to be quick!


Title: Re: Is The Recession Affecting You?
Post by: Batch on Thursday, January 29, 2009, 12:36:15
As long as I can pay my mortgage each month then I'm happy. If that means I end up stacking shelves in Asda for a while then so be it.

That's the way I see it too.



Title: Re: Is The Recession Affecting You?
Post by: jonbd on Thursday, January 29, 2009, 12:42:32
They've decided to keep my boss on in a new role and make me redundant at the end of April, so looks like i'll be looking for another job! Been here 8 and a half years (doing IT desktop support), so at least i'm getting a half decent payout to tide me over for a bit!

The only debt I have is my mortgage thankfully so as long as that keeps getting paid i'll be happy!



Title: Re: Is The Recession Affecting You?
Post by: STFC_Gazza on Thursday, January 29, 2009, 12:45:53
That's the way I see it too.



Always had that attitude mate, there is money out there even if its not good money.


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Thursday, January 29, 2009, 12:47:02
News just in, I'm being seconded out for six months, possibly to Essex.

I might as well ask for my P45 now. Cunts.


Title: Re: Is The Recession Affecting You?
Post by: tans on Thursday, January 29, 2009, 12:48:16
fuck that Si


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Thursday, January 29, 2009, 12:52:13
Sounds like they're trying to give you a gentle shove out of the door without actually making you redundant Si. It's a fucker. Don't let them have it easy though if they're being cunts about it.


Title: Re: Is The Recession Affecting You?
Post by: Luci on Thursday, January 29, 2009, 12:56:02
News just in, I'm being seconded out for six months, possibly to Essex.

I might as well ask for my P45 now. Cunts.

Thats crap mate - is that your only option?


Title: Re: Is The Recession Affecting You?
Post by: Batch on Thursday, January 29, 2009, 12:56:38
Do they cover accommodation costs, etc, Si?

i.e. can you afford to continue to work for them whilst trying to find something else.

---
Good luck with the job hunt jonbd, fingers crossed for everyone else.
--
I know Jan won't appreciate scaremongering ( :) ), but seeing how many people could potentially be affected just on this forum makes things seem a) for more real and b) far worse than anything I can remember.

All together now, Always look on the bright side of life...


Title: Re: Is The Recession Affecting You?
Post by: RobertT on Thursday, January 29, 2009, 12:58:21
As far as I know, Asda are not recruiting or planning to recuit in Swindon for the foreseable, their jobs are for new stores around the UK.  Might be worth keeping an eye out for Primark and Peacocks for your future shelf stacking needs.  I think I'm safe, although technically at risk since Tuesday.  Would get enough to survive for 5 months before trouble would kick in, which would probably be around October time.


Title: Re: Is The Recession Affecting You?
Post by: spacey on Thursday, January 29, 2009, 12:59:20
Not likely to hear anything more for a good 6 months or so yet. It's been hinted that the selection pool will be based on KPI's so it's just time to get my head down and work hard for the next few months.

Either way I'm not really fussed, I've got a pretty open outlook on life at the moment. If the worst happens I'd get a reasonable package which would see me through a few months. As long as I can pay my mortgage each month then I'm happy. If that means I end up stacking shelves in Asda for a while then so be it.
It fucks me off! How is it that these companies are reporting record performance for 2008 and then threatening redundancies in 2009? If they used some of their enormous profits to safeguard against this sort of shit instead of tossing it up their shareholders backsides, then we'd be okay. It's all just an excuse to sack people off and increase everyone elses workload, while they still spend the profits on Fois gras and shiny loafers. It just another example of the bourgeoisie using the blood of the workers to oil the wheels of capitalism.

 


Title: Re: Is The Recession Affecting You?
Post by: herthab on Thursday, January 29, 2009, 13:05:13
Great point Spacey, let's nationalise everything!


Title: Re: Is The Recession Affecting You?
Post by: Colin Todd on Thursday, January 29, 2009, 13:14:58
Indeed.  then we can all have a job for life doing fuck all with the best pension around.


Title: Re: Is The Recession Affecting You?
Post by: Bogus Dave on Thursday, January 29, 2009, 13:24:09
Not really as serious as other examples in this thread, but my supposed work placement for next year looks non-existant, hoping it wont fuck up my degree


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Thursday, January 29, 2009, 13:27:49
It fucks me off! How is it that these companies are reporting record performance for 2008 and then threatening redundancies in 2009? If they used some of their enormous profits to safeguard against this sort of shit instead of tossing it up their shareholders backsides, then we'd be okay. It's all just an excuse to sack people off and increase everyone elses workload, while they still spend the profits on Fois gras and shiny loafers. It just another example of the bourgeoisie using the blood of the workers to oil the wheels of capitalism.

It was obvious that over the course of the ten year outsource agreement that they'd have to reduce costs because of the decreasing nature of the contract. Being cynical, I'd say they've used the current economic climate to their convenience and made it look like they have no choice but to reduce the headcount. It just makes it easier to do it now rather than try and force people out when everything gets off-shored.

All the outsource agreements they've entered into are signed up on fixed term contracts with the financials all agreed up front. They've made up bullshit excuses that new business levels are down etc. The fact is they're only down 10% on this time last year but they're planning on reducing the workforce by 20%. It stinks.


Title: Re: Is The Recession Affecting You?
Post by: STFCBird on Thursday, January 29, 2009, 13:28:19
It's all affecting me because my other half was made redundant and has gone into meltdown.  Has only been as far as the shop to get fags for weeks.  Lives in his little shell and all he seems to do is sleep.  Wake up when I've cooked, eat, the go to sleep again.  I can't get him to update his cv or apply for any jobs, he thinks he'd be better off dead.  Fucking great. I spend most of my time on my own - miles away from all my friends and family with only myself to try and get us through this.  Only thing is it's not enough.  I'm not enough.  We have nobody to help us.  Oh well.  


Title: Re: Is The Recession Affecting You?
Post by: Batch on Thursday, January 29, 2009, 13:37:42
It's all affecting me because my other half was made redundant and has gone into meltdown.  Has only been as far as the shop to get fags for weeks.  Lives in his little shell and all he seems to do is sleep.  Wake up when I've cooked, eat, the go to sleep again.  I can't get him to update his cv or apply for any jobs, he thinks he'd be better off dead.  Fucking great. I spend most of my time on my own - miles away from all my friends and family with only myself to try and get us through this.  Only thing is it's not enough.  I'm not enough.  We have nobody to help us.  Oh well.  

I don't know how to reply to that in a helpful way. Giving sympathy isn't going to help you.

I guess people react to things differently, and it's important to know it's not your fault, or anyones fault really. I wonder if there is professional help available because it sounds like Sussex is clinically depressed and sometimes telling someone to  "snap out of it" isn't enough.

Hope that doesn't come across too wanky.


Title: Re: Is The Recession Affecting You?
Post by: LucienSanchez on Thursday, January 29, 2009, 13:42:49
News just in, I'm being seconded out for six months, possibly to Essex.

I might as well ask for my P45 now. Cunts.

It might not apply everywhere, but i'm pretty sure you can refuse to relocate an 'unreasonable' distance, and the only way to then get rid is redundancy. Don't quote me on that, but it's one of the things we've been made aware of for our transition... if they try to make us relocate to their head office somewhere around Hatfield, and we don't want to go, out we go (but with payoff).


Title: Re: Is The Recession Affecting You?
Post by: spacey on Thursday, January 29, 2009, 13:44:32
It was obvious that over the course of the ten year outsource agreement that they'd have to reduce costs because of the decreasing nature of the contract. Being cynical, I'd say they've used the current economic climate to their convenience and made it look like they have no choice but to reduce the headcount. It just makes it easier to do it now rather than try and force people out when everything gets off-shored.

All the outsource agreements they've entered into are signed up on fixed term contracts with the financials all agreed up front. They've made up bullshit excuses that new business levels are down etc. The fact is they're only down 10% on this time last year but they're planning on reducing the workforce by 20%. It stinks.

If you're not cynical, you're not paying attention.


Title: Re: Is The Recession Affecting You?
Post by: STFCBird on Thursday, January 29, 2009, 13:52:07
I don't know how to reply to that in a helpful way. Giving sympathy isn't going to help you.

I guess people react to things differently, and it's important to know it's not your fault, or anyones fault really. I wonder if there is professional help available because it sounds like Sussex is clinically depressed and sometimes telling someone to  "snap out of it" isn't enough.

Hope that doesn't come across too wanky.

Nope not at all, he is very depressed but trying to get him to a doctor is near on impossible until he wants to go for himself :(


Title: Re: Is The Recession Affecting You?
Post by: Arriba on Thursday, January 29, 2009, 14:26:28
birdy. from what you say sussex has depression for sure.he deffo needs to seek help asap, starting at the docs.the positive thing is that he will beat it, if he recognises he has depression, and then addresses it with the help available.getting out on long walks with your dog will help for sure too.


Title: Re: Is The Recession Affecting You?
Post by: ron dodgers on Thursday, January 29, 2009, 14:49:44
It might not apply everywhere, but i'm pretty sure you can refuse to relocate an 'unreasonable' distance, and the only way to then get rid is redundancy. Don't quote me on that, but it's one of the things we've been made aware of for our transition... if they try to make us relocate to their head office somewhere around Hatfield, and we don't want to go, out we go (but with payoff).
about 40 miles I think I heard - you don't want to go to Hatfield mate - I went to big school there - uuuurgh


Title: Re: Is The Recession Affecting You?
Post by: LucienSanchez on Thursday, January 29, 2009, 15:23:48
I don't want to go anywhere near there!


Title: Re: Is The Recession Affecting You?
Post by: Bedford Red on Thursday, January 29, 2009, 17:55:16
birdy. from what you say sussex has depression for sure.he deffo needs to seek help asap, starting at the docs.the positive thing is that he will beat it, if he recognises he has depression, and then addresses it with the help available.getting out on long walks with your dog will help for sure too.


Sadly a few people in my family have had it quite bad, and some friends as well, some wouldn't get out bed some days.

There is no easy answer, going to the doctor is one thing, he has got to recognize that he has it and then realise that he has got to try and beat it. You will be a big support i'm sure, but generally out of the people i've known, it's come down to them accepting they have it, and then taking steps to beat it. And as someone else said, telling anyone just to get over it is not the answer, not saying you would do that but that def won't work.

I guess it's not easy for you, and i sympathize, just realise it will get better one day and just keep on being supportive.


Title: Re: Is The Recession Affecting You?
Post by: Iffy's Onion Bhaji on Thursday, January 29, 2009, 18:21:07
News just in, I'm being seconded out for six months, possibly to Essex.

I might as well ask for my P45 now. Cunts.

Can you not request voluntary redundancy and force the fuckers to pay up your holiday?


Title: Re: Is The Recession Affecting You?
Post by: BANGKOK RED on Thursday, January 29, 2009, 18:47:09
Birdy, and of course Sussex.

Iv'e been there myself, in fact I started a thread about it some time last year (Ish)

When I was diagnosed with it, I was a tad shocked and didn't really believe it but after doing some googling I realised that I had all the symptoms.

Also, being diagnosed gave me a real kick up the ass, and pretty much spurred much into action because I wanted to battle against it. My problem at the time was my job and so I instantly began sending my C.V out and basically doing my best to get interviews and stuff. Even when it wasn't working just making an effort helped me sooooooooo much.

To echo what everybody else has said it is essential that Sussex (Yes, we are talking about you mate) gets to the Dr. ASAP. Being able to identify, understand and isolate the problem was almost a huge help for me.

Something else that really helped me was talking about it, via the TEF. The kind replies from the thread that I started, along with the many supporting PM's that I received was so touching, even from a bunch of cunts that I have never ever met in my life. Of course i am not neccesarilly suggesting to go through the TEF as I did, but talking does help.

Most of the PM's I received where also very very constructive because it made me realise that I was not alone, and infact depression is quite a common ailment. I was  surprised at how many TEF'ers have been through it themselves.

I hope that both of you will be back up on your feet soon.


Title: Re: Is The Recession Affecting You?
Post by: ronnie21 on Thursday, January 29, 2009, 19:26:38
That is a bloody good post Bangkok.  I also suffered from it many years ago, work related problems, had a talk with somebody who basically laid it on the line, get on with your life or succumb!  I chose the former, threw away my tablets and basically got up next morning and said that this is the first day of my new life.  Fortunately I was still in work and my sympathies go out to Birdy and Sussex and hope and pray that they get through it ok, they are in it together and must fight it together.


Title: Re: Is The Recession Affecting You?
Post by: Whits on Thursday, January 29, 2009, 20:58:58
Aint that who Whits works for?

nah, although 60% of our business is based on HP, still waiting to hear whats going on at my place, we get an update in Febuary after we have finished our year end tomorrow... :S


Title: Re: Is The Recession Affecting You?
Post by: pumbaa on Friday, January 30, 2009, 07:43:23
I know this forum has more than its fair share of jokers and wind-up merchants, but the two posts above (from Bangkok & ronnie) are absolutely golden and spot on the money. Pat yourselves on the back gents.

Oh, and Sussex & Birdy, you can and will pull through this. Its something you have to do together though and recognise that you need help (certainly in Sussex's current case). You know where we are if you need to talk.


Title: Re: Is The Recession Affecting You?
Post by: JPC82 on Friday, January 30, 2009, 08:32:15
I've had a family member suffer sever depression and its nasty, good luck Sussex hope u have a speedy recovery, I feel for u birdy it must be tough on u aswell x


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Friday, January 30, 2009, 09:40:19
Good luck to you both.


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Friday, January 30, 2009, 09:47:28
My very best wishes go to Birdy and Sussex.  It must be a tough time for both of you...but it will end.


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Friday, January 30, 2009, 09:58:47
If you guys can get through this - I think you can get through anything xxx

Ive re-booked my aerobics instructors exam and booked on a kids fitness course now - I wanna broaden my horizons a bit


Title: Re: Is The Recession Affecting You?
Post by: STFCBird on Friday, January 30, 2009, 12:53:44
Cheers guys for all your kind words and advice, it means a lot.


Title: Re: Is The Recession Affecting You?
Post by: Sussex on Friday, January 30, 2009, 13:13:53
Meh. I'm probably just a bit more of a miserable git than normal at the moment.  :)


Title: Re: Is The Recession Affecting You?
Post by: jayohaitchenn on Friday, January 30, 2009, 13:26:04
Kill some students in Chester. That'll make you feel better mate x


Title: Re: Is The Recession Affecting You?
Post by: dell boy on Friday, January 30, 2009, 19:24:48
Sussex/Birdy good luck, depression/stress is a illness those who have never experienced would never really understand. Great support posts from some TEFers, and what has been said is spot on.
You have age on your side, being there and supporting each other and of course loving each other will get you through most problems in this world, believe me.

I have great concerns for my children in the present climate, I can no longer help them financially, I've never nether known the prospects of this country as bad, in my opinion this recession is much worse than the early 90s.
I've lost most of my wealth, and in the past 10 years I honestly believed what I had would see me through the rest of my life and the financial support needed for my children.
On the upside I have my family in good health and really what more can you ask for.
Personally I left it too long to go out and earn believing the good times would be here for me, but now I must also go out and earn a living to keep things thicking over.

If you have good friends and family togetherness you will surive this recession even though there will be many downs. Sorry about the soppy post.
Good luck to all 2009.



Title: Re: Is The Recession Affecting You?
Post by: yeo on Friday, January 30, 2009, 19:26:23
Dell whens your daughter on telly?


Title: Re: Is The Recession Affecting You?
Post by: dell boy on Friday, January 30, 2009, 19:27:59
Dell whens your daughter on telly?
Now that is another story, she has dropped out because of commitments in Greece.


Title: Re: Is The Recession Affecting You?
Post by: leefer on Friday, January 30, 2009, 19:39:07
Sussex/Birdy good luck, depression/stress is a illness those who have never experienced would never really understand. Great support posts from some TEFers, and what has been said is spot on.
You have age on your side, being there and supporting each other and of course loving each other will get you through most problems in this world, believe me.

I have great concerns for my children in the present climate, I can no longer help them financially, I've never nether known the prospects of this country as bad, in my opinion this recession is much worse than the early 90s.
I've lost most of my wealth, and in the past 10 years I honestly believed what I had would see me through the rest of my life and the financial support needed for my children.
On the upside I have my family in good health and really what more can you ask for.
Personally I left it too long to go out and earn believing the good times would be here for me, but now I must also go out and earn a living to keep things thicking over.

If you have good friends and family togetherness you will surive this recession even though there will be many downs. Sorry about the soppy post.
Good luck to all 2009.




Nice post Dell...we all love football but at times in our lives it comes a distant second,depresion is a hard nut to crack..it goes without saying i hope you two TEFERS are smiling soon.


Title: Re: Is The Recession Affecting You?
Post by: nochee on Friday, January 30, 2009, 20:25:43
Totally agree with you on that one Yeovil.  Couldn't believe the news that Thames Water are having difficulties and chopping 300+ jobs, guess we all still use the water or have we all cut back on it!!  According to a neighbour who works there the ones who are staying are being forced into different working patterns just to keep their jobs, with the threat of a transfer to India for the call centre an option.

Yep. My Mum works there and gets loads of overtime which really helps her out as she is paying for her house on her own. OT cuts would really make her struggle, it shouldnt do but she kinda relys on the OT.
Thames put it to the staff that they would change their working hours to a 7 day working pattern (cuts down on expensive OT payouts) and as an incentive to take it they would pay £1000. It was a 1 off payment and no extra monthly pay/shift allowance. The unions took action and declined the offer saying it was no good.  As Ronnie said, they are now forcing them with to work the new shifts with the threat of redundancy if its declined again..  ITS VERY WRONG. Its a bullying technique to get there own way and forcing people to change working contracts.


Title: Re: Is The Recession Affecting You?
Post by: nochee on Friday, January 30, 2009, 20:43:26
Meh. I'm probably just a bit more of a miserable git than normal at the moment.  :)

I dont know who you guys are but after reading thru the thread you have some good mates.

Ive been welling up thru the get well posts, its been like one of those brave children programmes we have at christmas.

Then the guy everyone is talking about posts this.   BRILLIANT.

Depression is  tough thing but there is always an end (if you want there to be) afterwards you will look back, learn some lessons and become stronger than before.  My opinion anyway.

Good luck to everyone, inc Sussex and Birdy :)


Title: Re: Is The Recession Affecting You?
Post by: janaage on Friday, January 30, 2009, 22:29:56
I have to admit I struggle to know when to take this place serious or not, so this Sussex situation is slightly strange to me. 

This forum to me isn't real in a way, I mean DMR ain't really a cunt, I've met him he's alright.  Ironside doesn't really exist that's just someone else having a laugh.  Even Oxford Fan's just some random bloke pretending to be from the other side.  Mex hasn't really shagged a thousand birds and Yeovil's not a fucking air thingymagjiggy.

I'm starting to lose the plot.


Title: Re: Is The Recession Affecting You?
Post by: DiV on Friday, January 30, 2009, 22:34:23
....DMR is clearly a cunt though!


Title: Re: Is The Recession Affecting You?
Post by: yeo on Saturday, January 31, 2009, 01:02:14
Im not a what?


Title: Re: Is The Recession Affecting You?
Post by: Reg Smeeton on Saturday, January 31, 2009, 01:12:49
 Tonight was Honda night in OT...weeeird or what, loads of blokes with bags under their eyes behaving strangely.

 I got talking to a semi decent bird with a job dealing with delinquent kids....she was well pissed up, but only out cos husband had just cashed in on redundancy...I'm steering well clear of that shit.


Title: Re: Is The Recession Affecting You?
Post by: yeo on Saturday, January 31, 2009, 01:23:46
Tonight was Honda night in OT...weeeird or what, loads of blokes with bags under their eyes behaving strangely.


Heh, Id have fitted in well.


Title: Re: Is The Recession Affecting You?
Post by: mexico red on Saturday, January 31, 2009, 03:46:45
I have to admit I struggle to know when to take this place serious or not, so this Sussex situation is slightly strange to me. 

This forum to me isn't real in a way, I mean DMR ain't really a cunt, I've met him he's alright.  Ironside doesn't really exist that's just someone else having a laugh.  Even Oxford Fan's just some random bloke pretending to be from the other side.  Mex hasn't really shagged a thousand birds and Yeovil's not a fucking air thingymagjiggy.

I'm starting to lose the plot.

Thats one of the best posts ive ever read on here, i am however slightly drunk thanks to jenny a primary school teacher from croydon.


Title: Re: Is The Recession Affecting You?
Post by: Reg Smeeton on Saturday, January 31, 2009, 11:29:19
Thats one of the best posts ive ever read on here, i am however slightly drunk thanks to jenny a primary school teacher from croydon.

I've always found primary school teachers to be a bit on the less than forthcoming side when it comes to putting it about...I've never been sure as to why...

Whereas, Secondary school teachers have always been a seam of supply worth mining..


Title: Re: Is The Recession Affecting You?
Post by: Rustle on Saturday, January 31, 2009, 13:32:26
Hang in there Sussex and STFCBird things will get better,I've been through that depression thing and almost succeeded in doing the wrong thing,although it was under different circumstances,i lost everything  in the thatcher years due to a serious illness where it left me blind in one eye and virtually crippled, after suffering numerous operations and bouts of depression not to mention the amitryptiline drug that turns people into zombie like people,i got through it thank's to a strong loving family and friends which have made me a better and stronger person today.

If you have your health you have everything, although it more than likely dont feel like that a moment,things will get better for you.

I feel for anyone who has to go through a real depression, it's not a nice thing to experience for you or the people who love you.

Good luck to you both stay strong and positive,things will turn around for you.



Title: Re: Is The Recession Affecting You?
Post by: Arriba on Saturday, January 31, 2009, 23:56:05
one of the best i ever had is a primary school teacher.


Title: Re: Is The Recession Affecting You?
Post by: yeo on Sunday, February 1, 2009, 01:08:38
Ive only known 1 teacher,she spent less time trimming things than id have liked.
 
seceretly I kinda liked it 8)


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Tuesday, February 3, 2009, 15:49:30
Had a look for jobs but the problem is finding an employer which is registered as a training office with my institution. I took the point of view that an employer is not really going to be willing to take on a trainee with six months or so left until qualification. Once I qualify, unless they are a larger firm, they will not be able to compete on salary and it would be too risky to pay for my studies only to watch me leave shortly after. I'm not saying that's what I would do, but certainly the perspective they will have.

I've not heard anything more on the secondment, but I know the department I will be working for and I having done some work for them before, if past experience is anything to go by, it is far more basic work and far more flexible in terms of working hours. Some careful organisation on my part will allow early finishes on Friday and not too early starts on a Monday.

So I've bitten the bullet and paid for the course and study materials. I'm extremely lucky that I can borrow the money from my mother at zero interest. When I qualify I am going to pay her back as soon as possible and I'm definitely going to surprise her with a decent gift for doing so.

The unpaid time off will have to be overcome by socialising and spending less, but in truth I won't have much time to do that anyway (given the huge amounts of travel I will have to do). I can see a lot of opportunity to study in my own time as well because staying in hotels is generally very boring. Another bonus are that evening meals on expenses will save me money on food. I think next month and May will be the biggest problems, so I'm just going to have to budget around the months I'm better off. Hopefully it will get me into the frame of mind to save more in the future too.

Obviously not pleased about the whole debacle, but I'm determined not to let it bring me down and to turn this into my advantage. I still have a job and this is not a permanent solution. Rather than continuing to throw my toys out of the pram, I'm just going to knuckle down and make sure this type of thing is unlikely to happen to me again.


Oh and Birdy, I know I've promised to come and visit you again (and hopefully Paul this time). Might be later than planned but I will definitely honour the promise. I had a KFC yesterday and thought of you  ;)


Title: Re: Is The Recession Affecting You?
Post by: axs on Tuesday, February 3, 2009, 15:52:30
Fair play Si, it's only 6 months, then you'll have a few more options.


Title: Re: Is The Recession Affecting You?
Post by: donkey on Tuesday, February 3, 2009, 15:57:36
Yeah, good luck SP.  I guess this was why you were unsure about Worldnet.  I'll let you know the latest date to pay the last bit, and it will be a cheap weekend once you're up there.  However, if you can't do it, and we get enough people, I'll let you have your deposit back.


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Tuesday, February 3, 2009, 16:07:25
Yes mate it's why I was worried about Worldnet. I think I should still be ok to give you the money, it's probably best I do it when I next get paid, so end of February. The actual weekend will be a couple of days after my finals and I will have finished my secondment by then too looking at the planner, so I still think it's a plan and a welcome celebratory piss up!


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Tuesday, February 3, 2009, 16:26:47
Fair play Si, it's only 6 months, then you'll have a few more options.

Very true


Good luck Pieman


Title: Re: Is The Recession Affecting You?
Post by: Batch on Tuesday, February 3, 2009, 16:28:32
I think you are doing the right thing Si Pie. Knuckle down and get qualified, put up with it being a PITA and you will be in a far better position to look around when the job market picks up.


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Wednesday, February 18, 2009, 19:21:23
Work sent me a letter asking for the training course costs back (for the final exams), which I received today. They also informed me that if I did not pay, they would be forced to take legal action to recoup the costs. Even though I offered to pay them a lump sum originally, the plonkers.

:)

The good news is that due to the way they've worded the letter, they will now be unable to recoup the other training costs when I leave. Going to contact CABA tomorrow and see if there is any chance of a grant now I have the letter as evidence.

Still no news on my secondment though!


Title: Re: Is The Recession Affecting You?
Post by: Iffy's Onion Bhaji on Wednesday, February 18, 2009, 22:13:30
I wish my work would tell me if i'm fucking off or staying i'm sick of waiting to find out tbh.


Title: Re: Is The Recession Affecting You?
Post by: Batch on Wednesday, February 18, 2009, 22:34:48
I wish my work would tell me if i'm fucking off or staying i'm sick of waiting to find out tbh.

Know what you mean. There is no hard and fast date for knowing at our place. But every month more people get whacked. Thankfully the UK has been OK so far, but they are effectively shifting jobs to India so I'd imagine things won't stay that way too long.

Still, every month I get paid is a month closer to the economic recovery.


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Thursday, February 19, 2009, 09:17:10
Boss bought some more time on Tuesday...........we will see for me.


Title: Re: Is The Recession Affecting You?
Post by: RobertT on Thursday, February 19, 2009, 09:20:08
I'm ok for at least 6 months, and based on our Redundancy pakcage I'd be ok if I left then for another 5 months or so.


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Thursday, February 19, 2009, 09:35:09
Still, every month I get paid is a month closer to the economic recovery.

I have a sheet of A4 pinned to surround around my desk that reads 'Each day that passes is a day closer to the end of the bad times.'  Certainly the way I see it.  Firms have to be forward looking when making decisions like these.  If they sense that the 'bottom' is approaching, job security will start to improve.  But waiting for that point, I agree, is horrible.


Title: Re: Is The Recession Affecting You?
Post by: SwindonTartanArmy on Thursday, February 19, 2009, 09:58:21
I got made redundant in October, fortunately, I managed to find a job at the end of the months notice period with BT. only problem is, its temporary and only month by month. just praying that it keeps going at the moment as I am getting married in June and need to pay for that!


Title: Re: Is The Recession Affecting You?
Post by: Dazzza on Thursday, February 19, 2009, 12:25:12
Tartan, are you with an agency at BT?

I temped briefly at BT years ago and to be honest it was clear from day one that they were never going to ever take on permanent staff in that and they were simply running down the clock on the full-timers and slowly re-structuring everything to different locations.  The four floor building in the centre of Chester I worked in had half a floor left in use.

They had temps who had been there for 10 years that they wouldn’t take on permanently and it was a case of dead mans shoes (if you were lucky)!

One point that may be of use is the agency we worked for had a tiered pay-scale and it’s worth a sniff to see if anyone in your role is on a higher scale and then simply ask your gaffer to shuffle you up.

One thing in BT’s defence is that they’re pretty good if you’re temping there’s always permanent opportunities if you’re willing to re-locate




Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Thursday, February 19, 2009, 12:59:42
Here's a recession-related conundrum I've been puzzling for the last few days.  I am fairly numerate, but none the less I'm having some difficulty in rationalising the problem below.

Interest rates have fallen from 5% to 1% in recent months, and people fortunate enough to have a tracker mortgage should therefore benefit from a 4% fall in the rate of interest paid to their lender.  A person with a £120,000 tracker mortgage should, therefore, be approx £4,800 better off per annum (or £400 better off per month).

However, using an online mortgage calculator...

http://www.thisismoney.co.uk/loan-repayments-calculator

...a £120,000 borrowing being paid off on a repayment basis over 25 years generates a monthly cost to the borrower of:

£701.51 at 5% interest; and
£452.25 at 1% interest.

The saving to the borrower per month is £249.26.  So is the borrower better off (if you ignore the fact that the value of his house is falling monthly as well) by £249.26 per month, or by £400 per month?  (For the record, I think it's the latter...if repayments are maintained at the original level.)

I know this problem relates to the compounding of interest charges, but I cannot figure out exactly how.  Any ideas?


Title: Re: Is The Recession Affecting You?
Post by: RobertT on Thursday, February 19, 2009, 13:14:20
Don't forget that not all the monthly payment is interest charges, a fair chunk is repayment of the capital.  Mine has fallen from £792 to about £470 now.


Title: Re: Is The Recession Affecting You?
Post by: nevillew on Thursday, February 19, 2009, 13:22:43
Not a mortgage expert, but I think it's got to do with the repayment portion, and there's a mismatch in the two figures

1)  at 5% interest (£6000 pa), the monthly £701.51 gives a 'repayment' figure against the principal of £8418-6000 = £2418 per year

2) at 1%  (£1200)  the monthly £452.25   gives £5427-1200 = £4227 per year repayment, an improvement of £1809pa or £150.75.

Theefore, the benefit to the householder is £249.26 reduction in interest, + an increased paydown of mortgage of £150.75, which spookily comes to an overall £400 benefit.

However, as we are frequently told that paying more off your mortgage every month reduces your total interest, the benefit is therefore much better, as the loan will be repaid earlier than the original 25 years.

That's my thoughts Ardiles, There may well be better placed to answer than me though.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Thursday, February 19, 2009, 13:29:58
Depends what the amortization schedule is as well.


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Thursday, February 19, 2009, 13:47:17
Thanks chaps.  I think that makes a little more sense now.  Definitely a rare silver lining to the recessionary cloud.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Thursday, February 19, 2009, 14:01:05
Using Nev's logic, I've just worked out that if rates stay the same for another year and I choose to maintain my monthly payment instead of reducing it, I'll pay off an extra £5,364 of my mortgage in just 12 months.


Title: Re: Is The Recession Affecting You?
Post by: nevillew on Thursday, February 19, 2009, 15:17:05
Using Nev's logic, I've just worked out that if rates stay the same for another year and I choose to maintain my monthly payment instead of reducing it, I'll pay off an extra £5,364 of my mortgage in just 12 months.

Which will save you interest in the future as well.  "You know it makes sense"  (If your mortgage company will allow you to do it of course - most of them allow 10% overpayment in a year, although some may require a lump sum rather than overpaying on a monthly basis.)


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Thursday, February 19, 2009, 15:58:47
Mine allow me to overpay by £500 a month and I can set it up as part of my normal monthly payment. Easy peasy.


Title: Re: Is The Recession Affecting You?
Post by: ron dodgers on Thursday, February 19, 2009, 16:34:06
I overpayed mine whenever I could and managed to get it done 10 years earlier  - it's pyschologically good as well as monetarily spiffing


Title: Re: Is The Recession Affecting You?
Post by: Phil_S on Thursday, February 19, 2009, 16:50:50
As a not very busy mortgage broker the answer is as follows.
Your mortgage payment (assuming repayment mortgage) is Interest for that month PLUS some of the Capital.
How much of the Capital depends on the term the mortgage has left to run. A reduction in the payments refects the reduction in the interest part. It DOES NOT reduce the term of the mortgage. This will only happen if you make overpayments which you can do with a lot of lenders without penalty. But you need to check out the rules.........  with each lender it's different. Nationwide as mentioned above allow upto £500 per month, but with most it's 10%. Some even specify when any overpayments can be made.

The advantage of overpaying is that it reduces the capital & therfore the interest charged. Which means that more of your payments pays of capital. The effect is compounding. It works best if the lender chrges interest daily or monthly rather than annually.

The other thing to be aware off is that some allow you to draw backn overpayments (Nationwide do) & some don't



Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Thursday, February 19, 2009, 17:16:52
I hope things pick up for you, Phil.  At least there do seem to be signs the market may be stirring again - albeit off very low levels of activity.


Title: Re: Is The Recession Affecting You?
Post by: STFC_Gazza on Thursday, February 19, 2009, 17:57:41
Sorry to toot own horn or anything but got some good news in regards to the future of my job today. We are actually hiring 2 new people to start at our place. We are meeting targets (although they are low) and our owners are going to invest some money to do up some of our pubs etc. With other companies dropping like flies, (punch taverns are fucked soon and offered to sell their pubs to their licensees to pay off debts) we are now looking to sensibly invest and try and get a foot up on other people with the right combination of deals etc.


Title: Re: Is The Recession Affecting You?
Post by: STFC_Gazza on Tuesday, February 24, 2009, 17:58:05
Gutted today for all my mates at Vodafone Banbury. Most of the people if not all of them have been told all their work has been outsourced to Conduit in Cardiff or Mumbai and therefore have 3 months notice before clearing their desks and taking redundancy. Gutted for them as known quite a few of them from when I worked up there.


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Thursday, March 19, 2009, 10:17:37
*bump* Mark Wilkinsons kitchens in my village will be gone by the end of the week apprently


Title: Re: Is The Recession Affecting You?
Post by: janaage on Thursday, March 19, 2009, 10:19:36
How will this affect the legendary Bromham FC?  He used to sponsor them (for years) didn't he.

A bad day for all involved at Jubilee Fields.

Come on you owls!


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Thursday, March 19, 2009, 10:21:48
umm actual Mark Wilkinson sold out last year to I think Its something like - smallbones? - something like that? he will still be sat in his big old house nice and safe

everyone up to padgets for some veg picking?


Title: Re: Is The Recession Affecting You?
Post by: Danjackson10 on Thursday, March 19, 2009, 10:23:58
Forget the recession! My wedding plans are ruining my financial security!


Title: Re: Is The Recession Affecting You?
Post by: Luci on Thursday, March 19, 2009, 10:24:13
I see French Connection is in financial difficulty also...

Can't believe they thing that within the next year the total unemployment figure will be approx 3 million.  Makes you wonder how they can claw back from that....


Title: Re: Is The Recession Affecting You?
Post by: ibelieveinmrreeves on Thursday, March 19, 2009, 10:41:30
I went to a 'Recession session' yesterday at uni. A staggering 13 people out of 400 showed up. Anyway. Current figures show 2.03 million unemployed (I'm not sure if those 'official' figures include those on job seekers) and a mere 428,000 jobs going (down from 504,000 last month). Chuck in 650,000 students graduating this summer, and, well...I hope my placement at easter goes well!


Title: Re: Is The Recession Affecting You?
Post by: ScillyRed on Thursday, March 19, 2009, 10:42:57
We are totally Fcuked  ::)


Title: Re: Is The Recession Affecting You?
Post by: Colin Todd on Thursday, March 19, 2009, 10:45:39
I went to a 'Recession session' yesterday at uni. A staggering 13 people out of 400 showed up. Anyway. Current figures show 2.03 million unemployed (I'm not sure if those 'official' figures include those on job seekers) and a mere 428,000 jobs going (down from 504,000 last month). Chuck in 650,000 students graduating this summer, and, well...I hope my placement at easter goes well!

The 2.03 m is everyone on jobseekers.  the real figure including those inelligable for benifits and those on other benefits like disability allowance could be anywhere from 4-5m.  no-one really knows


Title: Re: Is The Recession Affecting You?
Post by: ron dodgers on Thursday, March 19, 2009, 10:47:09
I see French Connection is in financial difficulty also...

Can't believe they thing that within the next year the total unemployment figure will be approx 3 million.  Makes you wonder how they can claw back from that....

done it before - I am a one in ten and all the UB40 jism - I couldn't find a suitable job for a year when i graduated in 83 - twas bad then!


Title: Re: Is The Recession Affecting You?
Post by: ibelieveinmrreeves on Thursday, March 19, 2009, 10:51:00
I went to a 'Recession session' yesterday at uni. A staggering 13 people out of 400 showed up. Anyway. Current figures show 2.03 million unemployed (I'm not sure if those 'official' figures include those on job seekers) and a mere 428,000 jobs going (down from 504,000 last month). Chuck in 650,000 students graduating this summer, and, well...I hope my placement at easter goes well!

The £2.03 m is everyone on jobseekers.  the real figure including those inelligable for benifits and those on other benefits like disability allowance could be anywhere from 4-5m.  no-one really knows

Ahh, I knew it was something like that. Cheers.


Title: Re: Is The Recession Affecting You?
Post by: suttonred on Thursday, March 19, 2009, 11:03:38
Judging by the people out and about shopping in town centres on weekdays or sat in pubs outside of lunch hours i would say the 4-5m estimate was on the low side.


Title: Re: Is The Recession Affecting You?
Post by: sonicyouth on Thursday, March 19, 2009, 12:51:29
the only response i've had to job applications i've had for a couple of weeks (aside from automated responses via email) is for a job at the US embassy in oslo and another marketing job somewhere in oslo.

i've done this whole job hunting thing many times now and even searching half-arsed i've managed to find decent work. i can't find a bloody thing now.


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Thursday, March 19, 2009, 13:02:15
we had one measly person apply for Sacked Steves job? Its nuts


Title: Re: Is The Recession Affecting You?
Post by: nevillew on Thursday, March 19, 2009, 13:04:10
we had one measly person apply for Sacked Steves job? Its nuts

Just the one spot available is it JFW ?


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Thursday, March 19, 2009, 13:08:45
yes - but you here all these stories that 11 people are going for every one job etc?


Title: Re: Is The Recession Affecting You?
Post by: RobertT on Thursday, March 19, 2009, 13:10:04
what did Sacked Steve do? and is the job being advertised as "Sacked Steve's Job - circa £xx,xxx pa"?  That may explain a lack of interest.


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Thursday, March 19, 2009, 13:15:19
Sacked Steve - AKA Horrid Steve - was horrid
P.S This is at my sports centre job not my events job

Im sure it wasnt advertised in that way though - although it did state you had to be a good team player - Horrid Steve was not good at this


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Thursday, March 19, 2009, 13:23:24
the only response i've had to job applications i've had for a couple of weeks (aside from automated responses via email) is for a job at the US embassy in oslo and another marketing job somewhere in oslo.

i've done this whole job hunting thing many times now and even searching half-arsed i've managed to find decent work. i can't find a bloody thing now.

What sort of thing do you want to do?


Title: Re: Is The Recession Affecting You?
Post by: sonicyouth on Thursday, March 19, 2009, 13:24:09
earn moneyz

preferably in IT seeing as i somehow ended up starting a 'career' in that industry


Title: Re: Is The Recession Affecting You?
Post by: Luci on Thursday, March 19, 2009, 13:24:45
the only response i've had to job applications i've had for a couple of weeks (aside from automated responses via email) is for a job at the US embassy in oslo and another marketing job somewhere in oslo.

i've done this whole job hunting thing many times now and even searching half-arsed i've managed to find decent work. i can't find a bloody thing now.

What sort of thing do you want to do?

Anything in Norway by the sound of it!


Title: Re: Is The Recession Affecting You?
Post by: sonicyouth on Thursday, March 19, 2009, 13:28:03
the only response i've had to job applications i've had for a couple of weeks (aside from automated responses via email) is for a job at the US embassy in oslo and another marketing job somewhere in oslo.

i've done this whole job hunting thing many times now and even searching half-arsed i've managed to find decent work. i can't find a bloody thing now.

What sort of thing do you want to do?

Anything in Norway by the sound of it!
not especially, i applied for them on the off chance. i'd like to work abroad one day and i have accomodation and everything waiting if i need it.


Title: Re: Is The Recession Affecting You?
Post by: Luci on Thursday, March 19, 2009, 13:28:30
Its a good shout mate, get to see some of the world, meet new people etc. 


Title: Re: Is The Recession Affecting You?
Post by: Danjackson10 on Thursday, March 19, 2009, 13:30:10
well what you waiting for, head to sunny norway


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Thursday, March 19, 2009, 13:31:31
There's norway I'd want to work there!


Title: Re: Is The Recession Affecting You?
Post by: Bob's Orange on Thursday, March 19, 2009, 13:34:36
There's norway I'd want to work there!

Scandilous


Title: Re: Is The Recession Affecting You?
Post by: Danjackson10 on Thursday, March 19, 2009, 13:38:57
do you meen scandinavialous?


Title: Re: Is The Recession Affecting You?
Post by: Danjackson10 on Thursday, March 19, 2009, 13:49:08
obviously not :)


Title: Re: Is The Recession Affecting You?
Post by: Talk Talk on Thursday, March 19, 2009, 13:59:06
Yoof, do you want to get there quick oslo?


Title: Re: Is The Recession Affecting You?
Post by: chalkies_shorts on Thursday, March 19, 2009, 14:19:58
This makes me pine for Norway


Title: Re: Is The Recession Affecting You?
Post by: nevillew on Thursday, March 19, 2009, 14:26:11
There's norway I'd want to work there!

You'd have to spruce yourself up a bit.


Title: Re: Is The Recession Affecting You?
Post by: ron dodgers on Thursday, March 19, 2009, 14:29:37
a Norwegian wood


Title: Re: Is The Recession Affecting You?
Post by: Talk Talk on Thursday, March 19, 2009, 14:30:52
This makes me pine for Norway

Do you drive a Fjord?


Title: Re: Is The Recession Affecting You?
Post by: nevillew on Thursday, March 19, 2009, 14:32:20
You could work on a fish farm, as a herring aid.


Title: Re: Is The Recession Affecting You?
Post by: Talk Talk on Thursday, March 19, 2009, 14:33:23
You could work on a fish farm, as a herring aid.

You're just trawling for puns now, Nev.


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Saturday, March 21, 2009, 21:59:33
Have to admit the constant stream of bad news has been getting me down a little of late.  My own job, and those of my colleagues, will not be completely safe until the corner is turned...and I'm getting tired of waiting, to tell the truth.  It's already more than 18 months since the onset of the credit crunch and 9 months in to the recession.  Hope those green shoots start showing some time soon.

Anyway, I knew I had to go for a run this evening...and it's blown away a few cobwebs and improved my mood no end.  Fuck the recession.  It's not like it's going to kill anyone.  And we got three points today.

There.  Perspective.  Not a lot of point to that post, I know, but now it's off my chest at least.


Title: Re: Is The Recession Affecting You?
Post by: chalkies_shorts on Saturday, March 21, 2009, 23:28:10
I thought  I'd go for a run this evening too to blow away the cobwebs but had to walk past a bottle of Chardonnay first and thuoght it would be rude to turn it down. I too have perspective but withuot the fucked quadruceps.


Title: Re: Is The Recession Affecting You?
Post by: Talk Talk on Saturday, March 21, 2009, 23:31:05
I thought  I'd go for a run this evening too to blow away the cobwebs but had to walk past a bottle of Chardonnay first and thuoght it would be rude to turn it down. I too have perspective but withuot the fucked quadruceps.

My personal runs are scheduled for tomorrow morning. It's the brewing flour and roasted barley in Guinness that has that effect.


Title: Re: Is The Recession Affecting You?
Post by: chalkies_shorts on Saturday, March 21, 2009, 23:34:07
My personal runs are scheduled for tomorrow morning. It's the brewing flour and roasted barley in Guinness that has that effect.
Have a vindy on top of the Guiness and go for a personal record.


Title: Re: Is The Recession Affecting You?
Post by: pauld on Saturday, March 21, 2009, 23:35:50
Got to be up at 8 to take the lad to play football in Pewsey. Watching him running about is more than enough exercise for me these days :)


Title: Re: Is The Recession Affecting You?
Post by: Talk Talk on Saturday, March 21, 2009, 23:38:28
Have a vindy on top of the Guiness and go for a personal record.

Oh jeez, no. Do you expect me to spend the rest of my days walking round with an exploded poo-hole? How awful would that be? I would be like something out of Viz but three dimensional.

I settled for a home made cottage pie instead. I await only rustic anal violence in the morning as opposed to the Himalayan tectonic plate variety.


Title: Re: Is The Recession Affecting You?
Post by: chalkies_shorts on Saturday, March 21, 2009, 23:39:14
Got to be up at 8 to take the lad to play football in Pewsey. Watching him running about is more than enough exercise for me these days :)
Watching anyone running around is more than enough exercise for me - it makes me thirsty. Mtchdays make me particularly thirsty.


Title: Re: Is The Recession Affecting You?
Post by: sonicyouth on Sunday, March 22, 2009, 00:08:59
Have to admit the constant stream of bad news has been getting me down a little of late.  My own job, and those of my colleagues, will not be completely safe until the corner is turned...and I'm getting tired of waiting, to tell the truth.  It's already more than 18 months since the onset of the credit crunch and 9 months in to the recession.  Hope those green shoots start showing some time soon.

Anyway, I knew I had to go for a run this evening...and it's blown away a few cobwebs and improved my mood no end.  Fuck the recession.  It's not like it's going to kill anyone.  And we got three points today.

There.  Perspective.  Not a lot of point to that post, I know, but now it's off my chest at least.
good attitude.

mine is: i've given up.


Title: Re: Is The Recession Affecting You?
Post by: pauld on Sunday, March 22, 2009, 13:07:24
I await only rustic anal violence in the morning
Deliverance stylee? "Squeal piggy squeal"? Have to say, I've had some rough mornings after in my time, but none that felt THAT bad


Title: Re: Is The Recession Affecting You?
Post by: janaage on Sunday, March 22, 2009, 13:35:29
Have to admit the constant stream of bad news has been getting me down a little of late.  My own job, and those of my colleagues, will not be completely safe until the corner is turned...and I'm getting tired of waiting, to tell the truth.  It's already more than 18 months since the onset of the credit crunch and 9 months in to the recession.  Hope those green shoots start showing some time soon.

Anyway, I knew I had to go for a run this evening...and it's blown away a few cobwebs and improved my mood no end.  Fuck the recession.  It's not like it's going to kill anyone.  And we got three points today.

There.  Perspective.  Not a lot of point to that post, I know, but now it's off my chest at least.

Confidence is what's needed to start turning things around, the experts think the markets are running about 40% below natural prices, due to the huge lack of confidence around.  Easier said than done, as how do you get the confidence back.

Hopefully the media will gee up the positives as much as they've sensationalised the negatives and we'll be fine.  My mrs' job is looking a bit ropey now, think we'd be okay on my wage alone, but not something I'd want to find out.

So if anyone sees any green shoots let us all know.


Title: Re: Is The Recession Affecting You?
Post by: mexico red on Sunday, March 22, 2009, 16:29:12
Looks like im going to get my first bit of recession down here, more than likely going to lose my friday night due to lack of people going out both nights of the weekned.


Title: Re: Is The Recession Affecting You?
Post by: blinkpip on Sunday, March 22, 2009, 18:46:21
Sacked Steve - AKA Horrid Steve - was horrid
P.S This is at my sports centre job not my events job

Im sure it wasnt advertised in that way though - although it did state you had to be a good team player - Horrid Steve was not good at this

I hope it was the bloke, who seemed to throw everyone out of the sports hall ten minutes early. If we hire it out for an hour, then we want it for a bloody hour. divs.


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Monday, March 23, 2009, 10:07:24
you hire it for 55 mins actually ;)


Title: Re: Is The Recession Affecting You?
Post by: Luci on Thursday, March 26, 2009, 17:05:02
They did an asset valuation on our place today, came round and tagged everything up - looks like we may be being sold......Really bad feeling here


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Thursday, March 26, 2009, 17:12:32
They did an asset valuation on our place today, came round and tagged everything up - looks like we may be being sold......Really bad feeling here

With unique IDs etc? Sounds more like a control they're implementing.


Title: Re: Is The Recession Affecting You?
Post by: janaage on Thursday, March 26, 2009, 17:13:22
Yeah we had one of those recently was to do with out sourcing the IT or something.


Title: Re: Is The Recession Affecting You?
Post by: Luci on Thursday, March 26, 2009, 17:14:11
With unique IDs etc? Sounds more like a control they're implementing.

Its not unfortunately - heard some rumours from above lets say.  We are part of a huge group and they are apparently struggling financially


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Thursday, March 26, 2009, 17:20:51
Fair enough, it's just that time of year when Internal Audit reports are published etc. and thought it may have been a coincidence.

Who did the tagging and did anyone ask what it was for?


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Thursday, March 26, 2009, 21:42:53
They did an asset valuation on our place today, came round and tagged everything up - looks like we may be being sold......Really bad feeling here

We do it all the time as part of my job Luc

It's called asset management, especially on portable items

When you need to worry is when the tags read

"Lot 1"

"Lot 2"


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Thursday, April 30, 2009, 17:08:50
My employers are a bunch of cunts. No pay rise for getting part qualified, a bonus you normally get for passing exams. Not getting it because I have failed some in the past (last fail over a year ago and have passed exams since then!).

Also asked what will happen in September when my contract is up and I have qualified (touch wood I pass the exams). Was told it's probable I will be moved to another department permanentally, this would be in another office and knowing the pay structure would be at least £5k less then what I will get as an accountant.

The job hunt begins, but can't move until September :(


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Friday, May 1, 2009, 08:34:46
My employers are a bunch of cunts. No pay rise for getting part qualified, a bonus you normally get for passing exams. Not getting it because I have failed some in the past (last fail over a year ago and have passed exams since then!).

Also asked what will happen in September when my contract is up and I have qualified (touch wood I pass the exams). Was told it's probable I will be moved to another department permanentally, this would be in another office and knowing the pay structure would be at least £5k less then what I will get as an accountant.

The job hunt begins, but can't move until September :(

Lots of companies are using the recession as a reason to change the goalposts when it comes to bonus and wage structures.......cunts.


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Wednesday, June 3, 2009, 21:11:52
*BUMPITY BUMP BUMP*

If anybody wants some advice on how to loose your job and your girlfriend in the space of 6 hours then give me a shout.


Any offers for a two week holiday in Majorca leaving on the 20th greatly received !


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Wednesday, June 3, 2009, 21:12:51
Shit mate, what happened with work?


Title: Re: Is The Recession Affecting You?
Post by: sonicyouth on Wednesday, June 3, 2009, 21:14:06
harsh. what happen?


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Wednesday, June 3, 2009, 21:16:14
called me in on last Friday and said you have got two weeks !

Came home and told the missus who then went ballistic at me


Needless to say she is no longer here


Redundancy = meal ticket gone



Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Wednesday, June 3, 2009, 21:27:10
From the job perspective that's shit, do you get any decent redundancy package?

And from the other perspective you're obviously going to be angry and upset about it, but at least she has shown her true colours now and not further down the line.


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Wednesday, June 3, 2009, 21:29:23
very true Si

would have hated it to come out on holiday

looks like off to Majjjjjjjjjjjooooooooooooooorrrca on me todd


remind me to pack plenty of johnnies


Title: Re: Is The Recession Affecting You?
Post by: Arriba on Wednesday, June 3, 2009, 21:31:22
what sort of woman goes mad at her fella for being made redundant?
sounds like your well rid.
could you go back with your tail between your legs to your old employer?


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Wednesday, June 3, 2009, 21:40:21
what sort of woman goes mad at her fella for being made redundant?
sounds like your well rid.
could you go back with your tail between your legs to your old employer?

A single Mum on benefits who now I realise looked at me as a very nice meal ticket.

I am afraid that going cap in hand is not an option arriba. all mid/higher managemet has been completely stripped out


Title: Re: Is The Recession Affecting You?
Post by: yeo on Wednesday, June 3, 2009, 21:42:11
Shit Fred, sorry to hear about the Job .


Title: Re: Is The Recession Affecting You?
Post by: sonicyouth on Wednesday, June 3, 2009, 21:42:39
i wish i had a job


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Wednesday, June 3, 2009, 21:46:46
thanks Yeovil

I should be ok, I am quite well known in the industry I work in and should be able to sort something.

Just came as a bit of a shock really, kinda got my head round it now hence not posting it until now.

Had Samdy and Nickie over on Sunday and did not even tell them about the job or Sharon. Feel I can talk about it now though


Title: Re: Is The Recession Affecting You?
Post by: Kinky Tom on Wednesday, June 3, 2009, 21:53:04
Lord that sucks mate, hope you get sorted soon.


Title: Re: Is The Recession Affecting You?
Post by: Iffy's Onion Bhaji on Wednesday, June 3, 2009, 21:54:57
Sorry to hear that Fred.


Title: Re: Is The Recession Affecting You?
Post by: herthab on Wednesday, June 3, 2009, 23:43:37
That's fucking shit mate. Hope you manage to get back in work quickly.


Title: Re: Is The Recession Affecting You?
Post by: Bogus Dave on Thursday, June 4, 2009, 02:28:52
That sounds reet shit about the job, hope you get back on the horse as quickley as you can. On the other hand, if your birds gonna dump you at the first sign of trouble then it's probably for the best you ain't together. It may be harsh but the hassle aint worth it


Title: Re: Is The Recession Affecting You?
Post by: ronnie21 on Thursday, June 4, 2009, 07:41:10
Shit Fred, sorry to hear your news.  Best of luck with the job hunt mate.


Title: Re: Is The Recession Affecting You?
Post by: LucienSanchez on Thursday, June 4, 2009, 07:50:18
10th November - i become umeployed for the first time since finishing my A-Levels.


Title: Re: Is The Recession Affecting You?
Post by: Batch on Thursday, June 4, 2009, 08:04:24
Sorry to hear of that Fred/Lucien. Good luck in finding work.

And Fred, sorry mate but sounds like a lucky escape on the women front.


Title: Re: Is The Recession Affecting You?
Post by: BANGKOK RED on Thursday, June 4, 2009, 08:20:40
To echo everybody else Fred, it was a lucky escape with the woman.

Hope you find another job soon.


Title: Re: Is The Recession Affecting You?
Post by: nevillew on Thursday, June 4, 2009, 08:41:14
Sorry to hear that Fred.

What he said, I don't think the recession is over , despite how much people try to talk it up. I'll put out a general alert to the itinerant population of the Balearics. (and buy London Rubber Company shares)

Good luck Fred


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Thursday, June 4, 2009, 08:46:01
Things are definitely going to be shit for at least a year. I'm already worried about what's going to happen to me in September, need to start job hunting soon.

On the other hand women are always going to be shit for at least a lifetime.


Title: Re: Is The Recession Affecting You?
Post by: Berniman on Thursday, June 4, 2009, 08:51:50
Chin up Fred!  Look on the brightside, a holiday to shag yourself stupid!


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Thursday, June 4, 2009, 08:57:44
Sorry to hear your job news, Fred.  If there's any consolation to be had, we're in the 2nd half of the recession now so losing your job now is, arguably, a slightly less painful kick in the knackers than it would have been 6 months ago.

And you're well shot of your woman.


Title: Re: Is The Recession Affecting You?
Post by: Phil_S on Thursday, June 4, 2009, 10:35:20
Shit news that.
I guess if I wasn't self employed, I too would be out of a job, having managed to do the same amount of business so far this year that I would normally do in 6 weeks.
I have two weeks booked in Tunisia in September, but the Mrs is refusing to go, so looks like I'm going on my own too.


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Thursday, June 4, 2009, 10:45:55
*BUMPITY BUMP BUMP*

If anybody wants some advice on how to loose your job and your girlfriend in the space of 6 hours then give me a shout.


What a Cuntish thing to happen.

Me and Ms Flash have patched things up since my weeks 'holiday' and i hope things work out.

Job still hanging by a thread though.

You never know rock bottom until you hit it.

The only way is up Fred.........Enjoy your hols....and put it about..

Any offers for a two week holiday in Majorca leaving on the 20th greatly received !


Title: Re: Is The Recession Affecting You?
Post by: sheepshagger on Thursday, June 4, 2009, 10:48:15
Fred she can do one with that attitude !  Silly Cow !

Majorca is ace (as you probably already know) so go and sow some seeds, have some fun and worry about nothing.....

As you said you are pretty well known so something will come about on a work level - until then enjoy the sun, sex and sangria !


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Thursday, June 4, 2009, 10:54:21
Whereabouts you going in Mallorca?


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Thursday, June 4, 2009, 10:56:12
Not far from Shagaluf I think.


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Thursday, June 4, 2009, 11:01:42
Lets hit the Real Majorca forums and set Fred up with bird...

Drain his spuds all week!!


Title: Re: Is The Recession Affecting You?
Post by: nevillew on Thursday, June 4, 2009, 11:57:26
i wish i had a job

Didn't you walk out on one ?


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Thursday, June 4, 2009, 12:27:03
Whereabouts you going in Mallorca?

the "family" resort of Alcudia


Title: Re: Is The Recession Affecting You?
Post by: nochee on Thursday, June 4, 2009, 12:40:38
the "family" resort of Alcudia

OK i think a challenge should be made. Bus/train/taxi (whatever) to Magaluf and see how long you can stay there without paying for a hotel, ie shagging as many different (or even the same) bird/s as you can.
That way no extra cost is involved on moving from the "family" area and you get to be be up to your nuts in guts constantly.

Sorry to hear about your job also.


Title: Re: Is The Recession Affecting You?
Post by: Arriba on Thursday, June 4, 2009, 12:43:19
the "family" resort of Alcudia

a perfect opportunity to get on some yummy mummies


Title: Re: Is The Recession Affecting You?
Post by: leefer on Thursday, June 4, 2009, 12:44:28
With big fat tummies.


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Thursday, June 4, 2009, 12:48:39
the "family" resort of Alcudia

:D

I've been there. Not as nice as the Magaluf region but plenty of bars and places to eat (pick up women), should be a laugh.


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Thursday, June 4, 2009, 14:43:52
Bump Bump Bump

Been told today the end is nigh.

Not trading in my section any longer.

1 week tops!


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Thursday, June 4, 2009, 15:55:01
Bugger. We're not even halfway through the year yet, I reckon a lot worse to come :(


Title: Re: Is The Recession Affecting You?
Post by: sonicyouth on Thursday, June 4, 2009, 16:56:42
Didn't you walk out on one ?

yeah, as a result of a fuck up with my meds which led to a bit of a mental breakdown. i shouldn't have quit but i wasn't exactly thinking straight during that period of time.

i doubt i'll ever hold down a job for a reasonable period of time.


Title: Re: Is The Recession Affecting You?
Post by: donkey on Thursday, June 4, 2009, 19:11:37
This thread is awful.  Sorry for you affected by it all.


Title: Re: Is The Recession Affecting You?
Post by: Talk Talk on Thursday, June 4, 2009, 19:39:17
Fred, Dave Blackcurrant, Flash - really sorry to hear that.

I was out of work (contract) for three months from the end of January until mid May. When you contract you try and build up a reserve to cater for the lean times, but I have never been idle for that long before. It was getting very scary - as I have had big time shit in the past (company liquidation) - my credit rating is zilch and my mortgage is under a suspended repossession order I was at the point of thinking "fuck it, I'm packing it in, let the house go and rent etc".

Anyway...my phone rang and I am back in work and having done so I am getting more calls about other work every week.

What I am saying is it that it can look very bleak when it goes bad, but you have to be optimistic and if you are then things will be ok. I know this. You'll be fine.

Chin up lads.

Oh and Dave B - I can help you a bit with job opportunities if you want as we are in the same sector. I know of some SMS leads if that's what you want to keep doing. PM me.


Title: Re: Is The Recession Affecting You?
Post by: LucienSanchez on Thursday, June 4, 2009, 19:48:28
I may have to take you up on that in a month or so... i also do VMware now which ideally what i'm wanting to specialise more in... i'm fighting to get my VCP paid for and done...


Title: Re: Is The Recession Affecting You?
Post by: Talk Talk on Thursday, June 4, 2009, 19:51:16
I may have to take you up on that in a month or so... i also do VMware now which ideally what i'm wanting to specialise more in... i'm fighting to get my VCP paid for and done...

VMWare  :banana:

You'll be fine my friend. Huge demand out there.


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Thursday, June 4, 2009, 20:57:52
Thanks Alan, I am sure I will be ok work wise



it's the lack of shagging that's really pissed me off   :D


Title: Re: Is The Recession Affecting You?
Post by: Talk Talk on Thursday, June 4, 2009, 22:13:30
it's the lack of shagging that's really pissed me off   :D

Awww you kid me. I know the floozies fall at your feet. At least that's what you have always told me...


Title: Re: Is The Recession Affecting You?
Post by: mexico red on Thursday, June 4, 2009, 22:16:17
thats the rophynol


Title: Re: Is The Recession Affecting You?
Post by: axs on Thursday, June 4, 2009, 22:45:10
thats the rophynol

That's a fucking terrible thing to say.







It's the smell.


Title: Re: Is The Recession Affecting You?
Post by: suttonred on Thursday, June 4, 2009, 23:07:34
I may have to take you up on that in a month or so... i also do VMware now which ideally what i'm wanting to specialise more in... i'm fighting to get my VCP paid for and done...

Stick with the VM, good move, very in demand.


Title: Re: Is The Recession Affecting You?
Post by: pumbaa on Friday, June 5, 2009, 11:16:11
Fucking hell, sorry to hear all that bad news about jobs, Fred, Flash, LS.....good luck to you all in finding work.


Title: Re: Is The Recession Affecting You?
Post by: ronnie21 on Friday, June 5, 2009, 12:52:40
it's the lack of shagging that's really pissed me off   :D
Pink Rooms this weekend then Fred?


Title: Re: Is The Recession Affecting You?
Post by: Phil_S on Friday, June 5, 2009, 14:04:53
Whats VMware is it a new kind of porn ?


Title: Re: Is The Recession Affecting You?
Post by: ibelieveinmrreeves on Friday, June 5, 2009, 14:33:00
Seems I've gotten to the point now where I've applied for so many jobs that when I get a phonecall or e-mail telling me I've not been shortlisted for an interview, I've no idea who's rejecting me, even when they tell me where they're from.


Title: Re: Is The Recession Affecting You?
Post by: Talk Talk on Friday, June 5, 2009, 14:41:26
Whats VMware is it a new kind of porn ?

Sort of. It means your server can be shared between many partners. Prophylactics essential.


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Sunday, June 7, 2009, 21:27:56
Its official!

4 weeks notice.

The sight of The Flash speeding doe the M6 being chased by Hethab and Samdy could be a thing of the past!! :cry:


Title: Re: Is The Recession Affecting You?
Post by: 4D on Sunday, June 7, 2009, 21:30:25
Sorry to hear that Flash. On a brighter (but completely unrelated) note, the Kings Arms is open again  :nod:


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Sunday, June 7, 2009, 22:02:59
Sorry to hear that Flash. On a brighter (but completely unrelated) note, the Kings Arms is open again  :nod:

Noticed that on Friday night as i drove through..............question is??..........Is the Quiz night back in place.?.....JFW will let us know im sure..


Title: Re: Is The Recession Affecting You?
Post by: Doore on Sunday, June 7, 2009, 22:08:15
Good luck to all being negatively affected.  It really is a tough time at the moment for most people in the country.

On a semi-related note, I have been warned at work that I might face disciplinary action.  My crime?  I (accidently, it was a typo) tried to claim 25 miles rather than 15 miles on my mileage form.  At 40p per mile, I would have been fraudelently claiming £4.  Not something I would want to do, but hardly a moat, duck house or phantom mortgage.


Title: Re: Is The Recession Affecting You?
Post by: Phil_S on Monday, June 8, 2009, 10:01:48
Tell them you will pay it back, & stand down at age 65 if they give you a gold plated pay off & mega pension


Title: Re: Is The Recession Affecting You?
Post by: herthab on Monday, June 8, 2009, 10:02:56
Its official!

4 weeks notice.

The sight of The Flash speeding doe the M6 being chased by Hethab and Samdy could be a thing of the past!! :cry:

Sorry to hear that mate.

I won't be doing that many away games next season myself, money's tight as a nuns cunt.


Title: Re: Is The Recession Affecting You?
Post by: yeo on Monday, June 8, 2009, 11:35:13
sorry to hear that Flasher.


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Friday, June 12, 2009, 11:25:40
wow this thread made me feel sad

Im sure Fred has a new girlfriend and flash has a new job by the time Im reading this ;)


Title: Re: Is The Recession Affecting You?
Post by: Batch on Friday, June 12, 2009, 11:27:48
wow this thread made me feel sad

Im sure Fred has a new girlfriend and flash has a new job by the time Im reading this ;)

Flash could be Fred's new girlfriend, employed to be his bitch. Solving two out of 3 problems ain't bad.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Friday, June 12, 2009, 11:31:13
I know Fred has a second interview lined up for a job, so fingers crossed.


Title: Re: Is The Recession Affecting You?
Post by: Spy on Friday, June 12, 2009, 11:33:04
I have a disciplinary meeting later for sickness. I don't think I'll get sacked but still its something I'd rather not have to look forward to on a friday afternoon...


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Friday, June 12, 2009, 11:45:24
DRS you little scamp


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Friday, June 12, 2009, 11:51:30
Er, that's not DRS.


Title: Re: Is The Recession Affecting You?
Post by: STFCBird on Friday, June 12, 2009, 12:02:59
I have a disciplinary meeting later for sickness. I don't think I'll get sacked but still its something I'd rather not have to look forward to on a friday afternoon...

If you were really sick there shouldn't be an issue, unless you were actually sciving


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Friday, June 12, 2009, 12:04:06
whoopsee sorry spy!!! have the got the same avatar?? I defo have holiday brian today!


Title: Re: Is The Recession Affecting You?
Post by: Spy on Friday, June 12, 2009, 12:05:06
Think someone else called me DRS recently. He has Stewie on his avatar. I'll change it soon.


Title: Re: Is The Recession Affecting You?
Post by: spacey on Friday, June 12, 2009, 12:15:59
whoopsee sorry spy!!! have the got the same avatar?? I defo have holiday brian today!

I don't know where to start.


Title: Re: Is The Recession Affecting You?
Post by: STFCBird on Friday, June 12, 2009, 12:20:31
I don't know where to start.
Ask Brian, he'll help!


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Friday, June 12, 2009, 12:49:09
what do you mean?


Title: Re: Is The Recession Affecting You?
Post by: Foggy on Friday, June 12, 2009, 12:55:27
I think the word is Brain not Brian but i might be wrong


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Friday, June 12, 2009, 13:44:13
Oh yeah I see now!  :-[


Title: Re: Is The Recession Affecting You?
Post by: @MacPhlea on Friday, June 12, 2009, 13:50:05
I have a disciplinary meeting later for sickness. I don't think I'll get sacked but still its something I'd rather not have to look forward to on a friday afternoon...
Tell them your sickness is actually a disability and threaten them with disability discrimination - you'll probably get a better job out of it and a pay rise to boot - to be absolutely sure fire in loads of random swear words and claim the stress of the meeting has triggered tourettes!


Title: Re: Is The Recession Affecting You?
Post by: suttonred on Friday, June 12, 2009, 13:52:44
I was going to suggest missing it with "Stress".


Title: Re: Is The Recession Affecting You?
Post by: leefer on Friday, June 12, 2009, 13:56:32
Just keep sneezing....then tell them your brother has just come back from holiday in Mexico.


Title: Re: Is The Recession Affecting You?
Post by: nochee on Friday, July 3, 2009, 12:55:23
BAM

Just been hit with a weeks notice to pack up and ship out.

Gutted that they wont even let me stay until the summer shut down which is in 4 weeks. Not only am i losing a job but £400 worth of pre booked flights also.

Arriva Derci, Roma  :(


Title: Re: Is The Recession Affecting You?
Post by: Ginginho on Friday, July 3, 2009, 12:57:00
BAM

Just been hit with a weeks notice to pack up and ship out.

Gutted that they wont even let me stay until the summer shut down which is in 4 weeks. Not only am i losing a job but £400 worth of pre booked flights also.

Arriva Derci, Roma  :(

Shit, sorry to hear that Nochee!


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Friday, July 3, 2009, 13:22:58
My last day today!!!

Owed dosh and dunno when i will get it as the company is in a shit state.......

I went to the club shop today and all i could afford as a sock.....so theres still one left...be quick.


Title: Re: Is The Recession Affecting You?
Post by: Berniman on Friday, July 3, 2009, 13:58:08
My last day today!!!

Owed dosh and dunno when i will get it as the company is in a shit state.......

I went to the club shop today and all i could afford as a sock.....so theres still one left...be quick.

On a downbeat thread that made me chuckle!

Good work Flash! Cross threading is the future......... or was that cross dressing?

 :eekout:


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Friday, July 3, 2009, 14:44:51
Cross threading is what you do when you're cack handed and can't hold a screwdriver properly.


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Friday, July 3, 2009, 18:53:59
O r breaking everything is sight like Old Lady Flash when she visits Chez Calne!


Title: Re: Is The Recession Affecting You?
Post by: stfc11 on Friday, July 10, 2009, 17:51:50
Just had a phone call to say i'll be losing my job in four weeks time! No one had a clue apparently, my manager sounded in shock, and I was meant to sign a new contract on Sunday, hope i can so i can get a bit more money out of the buggers. It was hard enough finding this job, i might just take all my money and go on a gap year or something!


Title: Re: Is The Recession Affecting You?
Post by: Luci on Friday, July 10, 2009, 17:59:24
, i might just take all my money and go on a gap year or something!

If you can afford to do that and do some travelling, do it - seriously you won't regret it!


Title: Re: Is The Recession Affecting You?
Post by: Berniman on Friday, July 10, 2009, 22:26:58
Especially at the moment!


Title: Re: Is The Recession Affecting You?
Post by: nochee on Saturday, July 11, 2009, 07:28:33
Had my last day at work yesterday. Flying to Brizzel tonight  :(

I have applied for another job in North Italy but that wont start until Sept. Fingers crossed.


stfc11....go travelling, easy decision.


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Sunday, July 12, 2009, 21:46:00
Signed on the rock n roll after ex wife decides to go to the CSA after 5 years of me paying her direct!?
Wants more money.....she will get a bigger shock when she gets £5 a week...

Still owed salary and holiday pay and expenses!

Anybody know what legal rights i have before i go to Citz advice??


Title: Re: Is The Recession Affecting You?
Post by: nochee on Sunday, July 12, 2009, 23:00:26

Anybody know what legal rights i have before i go to Citz advice??
[/quote]

You want to ask my ol man. 5 kids and not paid a penny!!

My 1st day back in Swindon today and my 1st roast dinner in 7 months, so so so good.    :D


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Sunday, July 12, 2009, 23:15:18
Anybody know what legal rights i have before i go to Citz advice??


You want to ask my ol man. 5 kids and not paid a penny!!

My 1st day back in Swindon today and my 1st roast dinner in 7 months, so so so good.    :D

No!!

I know where i stand with CSA ....always paid for my daughter and always will...

Its the recovery of wages that i need advice on!


Title: Re: Is The Recession Affecting You?
Post by: Rich Pullen on Monday, July 13, 2009, 09:11:26
My 1st day back in Swindon today and my 1st roast dinner in 7 months, so so so good.    :D

I'm back in Wiltshire at the moment and I'm having my first roast dinner in well over a year this evening - whoop :)


Title: Re: Is The Recession Affecting You?
Post by: jayohaitchenn on Monday, July 13, 2009, 10:04:55
I don't want to upset anyone but i'm a civil servant and I got a 9% bonus and a 3% payrise paid in my July pay packet.

Good times. :D


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Monday, July 13, 2009, 11:34:52
I don't want to upset anyone but i'm a civil servant and I got a 9% bonus and a 3% payrise paid in my July pay packet.

Good times. :D

You havent upset me, you cunt!


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Monday, July 13, 2009, 11:41:40
Nor me


CUNT


Title: Re: Is The Recession Affecting You?
Post by: Phil_S on Monday, July 13, 2009, 12:56:19
I don't want to upset anyone but i'm a civil servant and I got a 9% bonus and a 3% payrise paid in my July pay packet.

Good times. :D
You are obviously a superior being of the ruling class.
No doubt on a gold plated pension too?
All paid for by the great unwashed mugs


Title: Re: Is The Recession Affecting You?
Post by: pauld on Monday, July 13, 2009, 13:39:41
I don't want to upset anyone
Yes, yes you do. Quite clearly


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Monday, July 13, 2009, 13:56:53
I don't want to upset anyone but i'm a civil servant and I got a 9% bonus and a 3% payrise paid in my July pay packet.

Good times. :D

I'd make the most of your good times if I were you.  The public sector will see a blood bath during the next few years, who ever wins the General Election.  Massive spending cuts are inevitable.  I hope your comments don't come back to haunt you.


Title: Re: Is The Recession Affecting You?
Post by: jayohaitchenn on Monday, July 13, 2009, 13:58:47
You are obviously a superior being of the ruling class.
No doubt on a gold plated pension too?
All paid for by the great unwashed mugs

My pension is pretty good, not final salary though which is a bit of a shame. To be fair I got laughed at and ridiculed when I took this job, most saw it as a step back for me and the salary is shiiiiiiite compared with what I would have got a year ago in the private sector. But I was clever and played the long game. He who laughs last and all that.


Title: Re: Is The Recession Affecting You?
Post by: ronnie21 on Monday, July 13, 2009, 14:56:13
I'd make the most of your good times if I were you.  The public sector will see a blood bath during the next few years, who ever wins the General Election.  Massive spending cuts are inevitable.  I hope your comments don't come back to haunt you.
Can't argue with that one Ardiles, however the tories cuts will be so much deeper than labour ones, it's their natural way of looking at things.  Labour will have to cut back, but I wouldn't want to be a nurse, dustman or any public servant if the tories get in.  Feel sorry for those that are ill or old as well.


Title: Re: Is The Recession Affecting You?
Post by: pauld on Monday, July 13, 2009, 17:24:44
Can't argue with that one Ardiles, however the tories cuts will be so much deeper than labour ones, it's their natural way of looking at things.  Labour will have to cut back, but I wouldn't want to be a nurse, dustman or any public servant if the tories get in.  Feel sorry for those that are ill or old as well.
Elderly dustmen with diseases are pretty much fucked then, is that what you're saying?


Title: Re: Is The Recession Affecting You?
Post by: pumbaa on Monday, July 13, 2009, 19:11:21
I don't want to upset anyone but i'm a civil servant and I got a 9% bonus and a 3% payrise paid in my July pay packet.

Good times. :D

A-ha, you evidently got the brown nose bonus then. For those who don't know, its only awarded to the biggest suck-ups in the department......well done though, but you're still a cunt......


Title: Re: Is The Recession Affecting You?
Post by: ronnie21 on Monday, July 13, 2009, 21:06:38
Elderly dustmen with diseases are pretty much fucked then, is that what you're saying?
:nod:


Young ones as well may not be too happy either!


Title: Re: Is The Recession Affecting You?
Post by: jayohaitchenn on Monday, July 13, 2009, 22:37:03
A-ha, you evidently got the brown nose bonus then. For those who don't know, its only awarded to the biggest suck-ups in the department......well done though, but you're still a cunt......

If sucking up means being fucking fantastic at my job, then yes I'm a brown-noser. All this jealously is so ugly. Live and let live kids.


Title: Re: Is The Recession Affecting You?
Post by: chalkies_shorts on Monday, July 13, 2009, 22:44:38
People are losing their jobs here. This is serious stuff. I don't think gloating is a very good idea unless you want to be the employment equivalent of SONN. I take it you are young.


Title: Re: Is The Recession Affecting You?
Post by: Doore on Monday, July 13, 2009, 22:45:49
While I don't doubt you are fantastic at your job (and well done to you), I do worry about the fact that in a time that many people are struggling through no fault of their own you would come on this thread and brag about your success in a patronising tone may say something about your personality.  Or, as pumbaa put it, you're a cunt.


Title: Re: Is The Recession Affecting You?
Post by: yeo on Monday, July 13, 2009, 22:47:27
He's not young,he has a beard and everything!


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Monday, July 13, 2009, 22:52:11
I took John's comments with a pinch of salt in all honesty, even though I am unemployed myself.

Its typical TEF stuff really.

I certainly am not pissed about it, to me its just another form of piss take, and that is why we love this place.

However I do understand if not everyone shares my views



Title: Re: Is The Recession Affecting You?
Post by: chalkies_shorts on Monday, July 13, 2009, 22:53:19
I've had to make people redundant - sleepless nights for weeks befreohand. I've also been made redundant twice. Anyone who thinks they are fireproof is totally deluded. In these times you can take nothing for granted. This is not a topic to take the piss on. We're all Toen fans who need to pay our bills etc. I think jayoohaitchenn has been a silly boy - beard or no beard - all grown up or not all grown up. Unfortunately matey you have made a very bad judgement call and I hope it doesn't come back to bite you on the arse.


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Monday, July 13, 2009, 22:55:37
A 9% bonus of fuck all doesn't amount to much. A 3% payrise after tax equates to less.


Title: Re: Is The Recession Affecting You?
Post by: Doore on Monday, July 13, 2009, 22:58:59
My company is "under review" at the mo - funded by the Welsh Assembly Government, but possibly not for much longer.  This probably explains my insomnia and increased late night TEF use. 

Its not a subject to be laughed at.


Title: Re: Is The Recession Affecting You?
Post by: Miss Angry on Monday, July 13, 2009, 23:37:22
I can confirm Jayohaitchenn is the number one cunt in swindon, how dare one of us that post on these boards be doing well for themselfs. But as he has chosen to share it with us he can also share it with me on Friday night.... Mines a sambuca fella!


Title: Re: Is The Recession Affecting You?
Post by: Don Rogers Shop on Tuesday, July 14, 2009, 00:03:53
As someone who only has experience in Construction(7 years ago) and the mortgage industry i am struggling to find any work at all. Fucking depressing


Title: Re: Is The Recession Affecting You?
Post by: ibelieveinmrreeves on Tuesday, July 14, 2009, 00:21:09
I'm having the experience problem as well, DRS. My current job is only a five hour contract (hardly worth the petrol to get there!), and there is no chance of me getting anything near full-time hours regularly. Been applying for loads of jobs (I reckon about 25ish since I finished uni 5/6 weeks ago) and got one interview. No experience, they won't touch me with a barge pole. I may be able to get a transfer in my current job though, which would be better than nothing at least.


Title: Re: Is The Recession Affecting You?
Post by: ron dodgers on Tuesday, July 14, 2009, 01:39:11
I think those of us who are in jobs are also getting hammered (not for good reason in some cases - firms are taking advantage). I have paid for my pension and even so can still get it taken away so it's not so gold plated as it may seem - in my mind a contract is a contract not something that can be altered every fucking month.


Title: Re: Is The Recession Affecting You?
Post by: Phil_S on Tuesday, July 14, 2009, 02:27:39
As someone who only has experience in Construction(7 years ago) and the mortgage industry i am struggling to find any work at all. Fucking depressing
I was in catering management, 20 years ago, & am now a mortgage broker. Looking for a job as mortgages just ain't happening at present.


Title: Re: Is The Recession Affecting You?
Post by: jayohaitchenn on Tuesday, July 14, 2009, 07:09:45
I took John's comments with a pinch of salt in all honesty, even though I am unemployed myself.

Its typical TEF stuff really.

I certainly am not pissed about it, to me its just another form of piss take, and that is why we love this place.

However I do understand if not everyone shares my views



Word.

Everyone else, apologies.


Title: Re: Is The Recession Affecting You?
Post by: stfctownenda on Tuesday, July 14, 2009, 07:38:59
I'm having the experience problem as well, DRS. My current job is only a five hour contract (hardly worth the petrol to get there!), and there is no chance of me getting anything near full-time hours regularly. Been applying for loads of jobs (I reckon about 25ish since I finished uni 5/6 weeks ago) and got one interview. No experience, they won't touch me with a barge pole. I may be able to get a transfer in my current job though, which would be better than nothing at least.

To be fair 25 in 6 weeks is not a lot (only 5 a week), you need to blitz it.  Try spec'ing your CV into companies as well just put a covering letter with what type of work your looking for and what your good at. The more people you get the CV out to the better.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Tuesday, July 14, 2009, 07:46:37
Try spec'ing your CV into companies as well just put a covering letter with what type of work your looking for and what your good at. The more people you get the CV out to the better.

You'll be surprised at how many companies no longer entertain speculative CV's. They just get binned.


Title: Re: Is The Recession Affecting You?
Post by: stfctownenda on Tuesday, July 14, 2009, 07:55:21
You'll be surprised at how many companies no longer entertain speculative CV's. They just get binned.

You would also be surprised how succesful it is, I work in recruitment and we are finding it still has big success even in these challenging times.  People need to get there name out to companies and try to do different things when trying to find a job.  I am sure most people would find it hard applying for a job with another 40 candidates.

A well written summary of your experience and skills a long with your CV sent to a company will get a response of some sort. If you send it to 50 companies and 49 get binned and 1 wants to interview you then that is worth it alone.

Other things that are showing success are offering to work for free for a day or 2 to prove yourself, companies are generally impressed by that.


Title: Re: Is The Recession Affecting You?
Post by: mexico red on Tuesday, July 14, 2009, 08:10:36
clubland is getting harder and harder, fridays are pretty much a right off nowadays, saturday nights is the only night holding its own.


Title: Re: Is The Recession Affecting You?
Post by: pumbaa on Tuesday, July 14, 2009, 08:16:44
If sucking up means being fucking fantastic at my job, then yes I'm a brown-noser. All this jealously is so ugly. Live and let live kids.

Hehe. Got one. I know the good old civil service bonus scheme well. Actually to call it a bonus scheme in this day and age is a bit dodgy as it seems to get people's backs up, but it is the result of a very poorly negotiated pay deal from about 8 years ago. Its utter bollocks and nobody likes it, and IMHO you have to be very mercenary to get the Enhanced and Super Enhanced bonuses, hence my somewhat tongue in cheek comment. I was going to ask if I'd need to wear sunglasses to walk behind you, but forgot.....

(And yes I'm bitter, I'm good at my job too (IMO), achieved well over and above my objectives, project tracking ahead of schedule, but only got a Standard Bonus. Boo.)

I feel for everyone out in the big wide world right now who is struggling for work. You have my sympathies, but I'm certain the world will take a turn for the better idc. Chin up lads and lasses and keep plugging away.


Title: Re: Is The Recession Affecting You?
Post by: jayohaitchenn on Tuesday, July 14, 2009, 08:19:34
Bastard! I've never been fished before :(


Title: Re: Is The Recession Affecting You?
Post by: Don Rogers Shop on Tuesday, July 14, 2009, 08:24:23
Bastard! I've never been fisted before :(
Lying cunt


Title: Re: Is The Recession Affecting You?
Post by: Saxondale on Tuesday, July 14, 2009, 08:25:45
Sorry to hear of those of you who've been made redundant.

The 2 main companies I work for in live music are also struggling.  Its all gone safety first.  The busy periods are still busy (october - december, march - may) but the quiet times are now ridiculously quiet.

Ive taken on a second job cheffing to make sure some moneys coming through, but peveresly Im likely to be turning round to one of the companies and turning down their work.

Since the turn of the year Ive had 88 days work in my main job, only 9 from one of these companies when last year Id had 32 in the same period, I cant balance it anymore and justify it that I owe loyalty to both companies, so Im going to have to throw all the eggs in one basket.  

At the same time Im taking on any work I can get from odd companies who are only going to give me 10 days work a year but it'll be at times when Im not needed by the main company.

Its a lot of hustling and to be honest its doing my head in trying to make sure I can support the family.

It's a weird world freelancing.


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Tuesday, July 14, 2009, 08:26:18
I took John's comments with a pinch of salt in all honesty, even though I am unemployed myself.

Its typical TEF stuff really.

I certainly am not pissed about it, to me its just another form of piss take, and that is why we love this place.

However I do understand if not everyone shares my views



Ditto........Why should i be bitter about another persons better fortune?  That would be petty!

I will bounce back!!   and so will Fred!

Its just banter... :D


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Tuesday, July 14, 2009, 08:38:39
You would also be surprised how succesful it is...

...If you send it to 50 companies and 49 get binned and 1 wants to interview you then that is worth it alone.

One in 50 suggests to me it's not very succesful. At least if you applied for 50 jobs you'd probably get at least 5 interviews.


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Tuesday, July 14, 2009, 08:43:39
One in 50 suggests to me it's not very succesful. At least if you applied for 50 jobs you'd probably get at least 5 interviews.

I have applied for 8 jobs....lets see how succesful i am!!??


Title: Re: Is The Recession Affecting You?
Post by: stfctownenda on Tuesday, July 14, 2009, 08:57:25
One in 50 suggests to me it's not very succesful. At least if you applied for 50 jobs you'd probably get at least 5 interviews.

Chances are there is not 50 jobs though, where as there is 50 companies you send your CV to.  Spec'ing in also shows initiative especially if you put across yourself in the right way.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Tuesday, July 14, 2009, 09:25:09
Chances are there is not 50 jobs though, where as there is 50 companies you send your CV to.  Spec'ing in also shows initiative especially if you put across yourself in the right way.

Both valid points, but I'm just speaking from experience. I sent loads of speculative CV's when I left college (that was 5 years ago when the job market was in a lot better position) and only had the courtesy of 1 reply which was to tell me they didn't accept speculative applications.


Title: Re: Is The Recession Affecting You?
Post by: mexico red on Tuesday, July 14, 2009, 09:51:10
Sorry to hear of those of you who've been made redundant.

The 2 main companies I work for in live music are also struggling.  Its all gone safety first.  The busy periods are still busy (october - december, march - may) but the quiet times are now ridiculously quiet.

Ive taken on a second job cheffing to make sure some moneys coming through, but peveresly Im likely to be turning round to one of the companies and turning down their work.

Since the turn of the year Ive had 88 days work in my main job, only 9 from one of these companies when last year Id had 32 in the same period, I cant balance it anymore and justify it that I owe loyalty to both companies, so Im going to have to throw all the eggs in one basket.  

At the same time Im taking on any work I can get from odd companies who are only going to give me 10 days work a year but it'll be at times when Im not needed by the main company.

Its a lot of hustling and to be honest its doing my head in trying to make sure I can support the family.

It's a weird world freelancing.

If its tour managing and the like the you do, what you have just posted is one of the main reasons why i gave it up 10 years ago, too much fishing for odd fortnights here and there. did my head in after a while, plus the majority of musicians are fucking idiots :)


Title: Re: Is The Recession Affecting You?
Post by: ibelieveinmrreeves on Tuesday, July 14, 2009, 10:12:20
To be fair 25 in 6 weeks is not a lot (only 5 a week), you need to blitz it.  Try spec'ing your CV into companies as well just put a covering letter with what type of work your looking for and what your good at. The more people you get the CV out to the better.

Cheers for the advice. 5 a week may not be that much, but I find them hard to face sometimes when it comes to the section where I have to say what my skills and experience are and how they're relevant.

I'm thinking that if I do end up managing to snag a transfer at blockbuster (current workplace) then I'm not likely to get more than 30 hours a week, which might leave me free to volunteer somewhere and get some experience. Best of a worst case scenario, that.


Title: Re: Is The Recession Affecting You?
Post by: Saxondale on Tuesday, July 14, 2009, 10:18:47
If its tour managing and the like the you do, what you have just posted is one of the main reasons why i gave it up 10 years ago, too much fishing for odd fortnights here and there. did my head in after a while, plus the majority of musicians are fucking idiots :)

I do very occasionally tour manage and yes musicians are still fucking idiots!  Last time I did it was Kula Shaker which was good because they're grown ups! You get treated right and you dont have to drag bands out of clubs at 3am as they're late for bus call.

Mostly Im a promoters rep.  Which is like TMing but you're not beholden to a bunch of kids with huge egos!

But yes the world of Freelancing in live music is hard.  I started this full time after running venues 6 years ago and have hardly ever had to really hustle for work as I am now.  Reputation and relationships with promoters agents, bands etc has seen to that in the past.  

Im up to Manchester on thursday to throw all my eggs into one basket and hope they can guarantee me some sort of level of work that I can survive on.  We'll see.  Getting out of the business and retraining so I can get a job where I don't have to hustle like this and then worry about paying my tax is a distinct possibility.


Title: Re: Is The Recession Affecting You?
Post by: mexico red on Tuesday, July 14, 2009, 10:26:36
Im pretty sure our paths must have crossed over the years, its tough. moved from live music into clubland, much easier to make money and less idiots to deal with


Title: Re: Is The Recession Affecting You?
Post by: Saxondale on Tuesday, July 14, 2009, 10:59:48
Sure we must have done.  I started just as a crew boy in a student union in 96 so Its been a while. 

Unfortunately the one thing I found I wasnt good at was the clubs, otherwise Id be looking for that sort of work.

Never mind Ill get my way out of this freelance trap one way or another 


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Tuesday, July 14, 2009, 11:21:18
I.m fucked off with selling BUT...i've been doing it since i was 19 and it becomes a sort of trade....trapped!


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Tuesday, July 14, 2009, 19:07:18
Word.

Everyone else, apologies.

No fun, you didn't even bite at my post.


Title: Re: Is The Recession Affecting You?
Post by: Luci on Tuesday, July 14, 2009, 19:16:09
Jobs in my company (not my account) are fast dissolving - especially those related to the finance industry.  I've just applied for a more Senior position, however knowing how many people are likely to go for it internally and externally (due to current climate) don't fill me with much confidence.



Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Tuesday, July 14, 2009, 19:31:19
Depending on if you can keep your current job then it may work out better not to get it!

They probably won't fill that position but pass the work on to someone lower down with a very small payrise. Instead of manager you become 'assistant manager' when really you're doing a manger's job. You'll get half of the pay increase if you're lucky. It's what they do in recession. Then when things go more tits up in the next few months they'll get rid of you because you're more expensive to employ than before.

Ask Fred.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Tuesday, July 14, 2009, 19:36:34
I too thought about applying for a different role within the company, but came to the same conclusion as Si and didn't bother.

First roles to go when job cuts come about are middle management.


Title: Re: Is The Recession Affecting You?
Post by: Luci on Tuesday, July 14, 2009, 19:56:39
Luckily this job is just senior of what I'm doing at the moment - but with lower work load and more direct work with the client/process improvement etc.  Its worth going for as its the kind of company where you have to make your interest known in order to ensure the top management know you want to progress - plus if you apply, your manager has to work on a career development plan so even thats a bonus in its own right! 

Just gotta ride the storm and hope to god we have jobs left at the end of it!


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Tuesday, July 14, 2009, 22:34:03
Depending on if you can keep your current job then it may work out better not to get it!

They probably won't fill that position but pass the work on to someone lower down with a very small payrise. Instead of manager you become 'assistant manager' when really you're doing a manger's job. You'll get half of the pay increase if you're lucky. It's what they do in recession. Then when things go more tits up in the next few months they'll get rid of you because you're more expensive to employ than before.

Ask Fred.

Word

 :cry:



Title: Re: Is The Recession Affecting You?
Post by: Kinky Tom on Wednesday, July 15, 2009, 00:25:14
I got work last week, started Friday night at All Bar One in MK on a trial with a view to a part time position, thankfully I got the job - as I knew I would once I was given the chance to get behind the bar.

Unfortunately as I started on the Saturday evening the boss told me that he had to 'let another membe of staff go' and offered me full-time (which is what I wanted of course), big shame for the other dude but obviously great news for me.

Between returning from France on the 7th of May and now I have spent the last 6 weeks looking for bar work, applying to every bar that I caught whiff of needing staff - the sort of work you can usually find at the drop of a hat.

I didn't apply for anything else as I know there are people out there that in a way need the work more than me - I know I'll be off to France again come November - so didn't apply for anything that would be expecting a greater commitment.

So not sure whether I'll be able to see any STFC games at all this season, my new boss is a football fan so he might be understanding and rota my hours accordingly but if he can't then so be it - I had to 'sign on' for the first time this year and I never want to again, I should be able to support myself, as all of us should, but for the failings of the over-egoed financial sector putting us all in this mess.

Anyway, to summise...  If it took me 6 weeks to find work in a bar as an experienced bar man then I can only wish those of you looking for positions to suit your experience and needs the very best of luck.

All the best to you...


Title: Re: Is The Recession Affecting You?
Post by: STFC_Gazza on Wednesday, July 15, 2009, 05:53:02
Word

 :cry:



Ddi you manage to sort out new employment yet?


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Wednesday, July 15, 2009, 08:10:46
Ddi you manage to sort out new employment yet?

Second interview Friday

3 initial interviews next week mate


Title: Re: Is The Recession Affecting You?
Post by: STFC_Gazza on Wednesday, July 15, 2009, 08:13:19
Second interview Friday

3 initial interviews next week mate

Good Luck mate!!


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Wednesday, July 15, 2009, 10:59:12
Second interview in the smoke for me tomorrow.


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Tuesday, July 21, 2009, 09:15:50
Didnt get the job.....however....

The Saab has been made over to me as there is no funds to pay my salary/Holiday/Bonus/Expenses etc etc.

Anybody want to buy??  Or anybody you know but ex company cars??  let me know i need to shift it and get a £2k runabout.

VK07AOS - BLACK SAAB 9-3 DIESEL SPORT SALOON 1.9TiD Vector Sport [150] 4dr (2004 - 2007 Model) Manual 1910cc - solid black.

2007 - 07       55,000 miles

Hirsch Chip fitted (makes it go quick - ask Samdy and Herthab) and leather interior.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Tuesday, July 21, 2009, 09:57:05
Could always take it somewhere and see if they'll do a trade down i.e. give you a smaller runaround + some cash.


Title: Re: Is The Recession Affecting You?
Post by: Don Rogers Shop on Thursday, July 23, 2009, 08:39:08
Got a new job yesterday, start on the 3rd August. In the financial industry still so i am happy as a pig in shit.


Title: Re: Is The Recession Affecting You?
Post by: STFC_Gazza on Thursday, July 23, 2009, 08:46:35
Got a new job yesterday, start on the 3rd August. In the financial industry still so i am happy as a pig in shit.

Well done mate!


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Thursday, July 23, 2009, 08:56:36
Congrats DRS.

I saw an article this morning that indicated that vacancies in the financial services sector are now on the up (albeit from a low base).  Turning the corner slowly...but it's a long bend.


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Thursday, July 23, 2009, 09:00:44
Got a new job yesterday, start on the 3rd August. In the financial industry still so i am happy as a pig in shit.

Congrats shop!


Title: Re: Is The Recession Affecting You?
Post by: pauld on Thursday, July 23, 2009, 09:01:10
Nice one DRS, you long bender


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Thursday, July 23, 2009, 09:03:03
Gayist.

(Sorry.  Wrong forum.)


Title: Re: Is The Recession Affecting You?
Post by: Don Rogers Shop on Thursday, July 23, 2009, 09:04:04
Cheers chaps, few beers to celebrate.


Title: Re: Is The Recession Affecting You?
Post by: pauld on Thursday, July 23, 2009, 09:08:13
Gayist.

(Sorry.  Wrong forum.)
Admins, ban this forumist!


Title: Re: Is The Recession Affecting You?
Post by: stfctownenda on Thursday, July 23, 2009, 10:53:30
Congrats DRS.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Thursday, July 23, 2009, 10:54:18
Too bad Deano. Just think, you could've been a professional beatboxer.


Title: Re: Is The Recession Affecting You?
Post by: Don Rogers Shop on Thursday, July 23, 2009, 16:01:24
I am only 1 step from being a pro Sam. Even better news i have been asked to start this monday.


Title: Re: Is The Recession Affecting You?
Post by: DiV on Thursday, July 23, 2009, 16:02:45
...as a professional beatboxer?


Title: Re: Is The Recession Affecting You?
Post by: Don Rogers Shop on Thursday, July 23, 2009, 16:05:03
Of course.


Title: Re: Is The Recession Affecting You?
Post by: Luci on Thursday, July 23, 2009, 17:42:39
Well done DRS!  FAB news!


Title: Re: Is The Recession Affecting You?
Post by: Don Rogers Shop on Thursday, July 23, 2009, 17:48:06
Cheers Luci. We can go on that date now


Title: Re: Is The Recession Affecting You?
Post by: Luci on Thursday, July 23, 2009, 17:48:59
Excellent, Balti pie and a pint coming my wayyyyyy


Title: Re: Is The Recession Affecting You?
Post by: leefer on Thursday, July 23, 2009, 20:02:34
Congrats DRS.

Here,Here.


Title: Re: Is The Recession Affecting You?
Post by: Talk Talk on Thursday, July 23, 2009, 20:06:26
Here,Here.

It is 'hear, hear'.

http://en.wikipedia.org/wiki/Hear,_hear (http://en.wikipedia.org/wiki/Hear,_hear)

Almost as as bad as 'I could of' rather than 'I could have'.


Title: Re: Is The Recession Affecting You?
Post by: Talk Talk on Thursday, July 23, 2009, 20:06:49
Oh and well done DRS.

 :D


Title: Re: Is The Recession Affecting You?
Post by: leefer on Thursday, July 23, 2009, 20:13:10
It is 'hear, hear'.

http://en.wikipedia.org/wiki/Hear,_hear (http://en.wikipedia.org/wiki/Hear,_hear)

Almost as as bad as 'I could of' rather than 'I could have'.


http://en.wikipedia.org/wiki/Wanker


Title: Re: Is The Recession Affecting You?
Post by: leefer on Thursday, July 23, 2009, 20:15:38
http://en.wikipedia.org/wiki/Joke

Only kidding Talk Talk...i will take note.


Title: Re: Is The Recession Affecting You?
Post by: Talk Talk on Thursday, July 23, 2009, 20:15:47

http://en.wikipedia.org/wiki/Wanker

http://en.wikipedia.org/wiki/Does_not_like_being_corrected_and_is_very_stressy (http://en.wikipedia.org/wiki/Does_not_like_being_corrected_and_is_very_stressy)


Title: Re: Is The Recession Affecting You?
Post by: Talk Talk on Thursday, July 23, 2009, 20:16:32
http://en.wikipedia.org/wiki/Joke

Only kidding Talk Talk...i will take note.

Fair play. I have a nasty streak when it comes to the English language.

Pax mate.


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Thursday, July 23, 2009, 21:11:24

http://en.wikipedia.org/wiki/Wanker


That made me chuckle


Chill kids!


Title: Re: Is The Recession Affecting You?
Post by: jayohaitchenn on Thursday, July 23, 2009, 21:54:22
Got my bonus through. Going to Canada to celebrate.


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Thursday, July 23, 2009, 21:58:53
Got my bonus through. Going to Canada to celebrate.

Blow the fucking lot !


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Friday, July 24, 2009, 07:38:57
I got a text from a manager t'other day asking if I had a car yet as they wanted to book me on some jobs.

Seems these 'jobs' are actually another 6 month secondment, this time to internal audit. Unless the planner is wrong, they can go fuck themselves. Will have to look for a new job and hope I land one before next month is out as I will try and negotiate a voluntary redundancy.


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Friday, July 24, 2009, 07:45:40
I forgot to add, it's for the Cardiff office so will involve going to remote places in Wales. I can't wait.

At least John got his bonus.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Friday, July 24, 2009, 07:54:04
What are you looking for Si? Tax accounting or management accounting?

There's a management accounting role for full/part qualified ACCA/CIMA going at our place:

http://careers.peopleclick.com/careerscp/client_capita/external/jobDetails.do?functionName=getJobDetail&jobPostId=25905&localeCode=en-us


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Friday, July 24, 2009, 09:22:41
Internal audit will suck the life right out of you.  It's where dull people go to become less interesting.  Fight it, Si.  Fight it.


Title: Re: Is The Recession Affecting You?
Post by: nevillew on Friday, July 24, 2009, 10:06:48
Being an auditor is bad because you go to strange places and find mistakes made by people. Usually only encounter them once though.

Being an Internal Auditor is worse because you go to familiar places and look for mistakes made by colleagues and friends (and people hate you for it) Effectively you can only do a good job be being unpopular.

However, don't leave your job without having something to go to - there are vast quanities of unemployed part qualifieds out there as there is a general move for companies to do away with that level of resource - short sighted I know, but that seems to be the case.


Title: Re: Is The Recession Affecting You?
Post by: ibelieveinmrreeves on Friday, July 24, 2009, 10:34:54
I don't wish to sound like a thickie, but what is a secondment?


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Friday, July 24, 2009, 10:40:38
To paraphrase in footballing terms, it's like a loan.


Title: Re: Is The Recession Affecting You?
Post by: ibelieveinmrreeves on Friday, July 24, 2009, 11:02:58
Ahh. So they want to farm Si Pie out on loan to Merthyr Tydfil but he doesn't want to go because he needs to be playing regularly but at a higher level and not in Wales?

(I know no-one mentioned Merthyr, but I like the name and knew it was in Wales)






Title: Re: Is The Recession Affecting You?
Post by: Kinky Tom on Sunday, July 26, 2009, 02:30:59
I got offered 'team leader' shifts tonight, means an extra ten whopping pence an hour more plus ten quid every 'team leader' shift i do plus a meal.  I'm actually really happy about this as it seems they will pay for me to get a personal licence which will be very useful to me as i have decided i would like to own/run a bar in the future.

They're well aware that i'll be off back out to france in nov too but are keen for me to do it in spite of that, only been there two weeks so it's really gong to piss off one of the girls who has been there for ages who wants the job, meh, look after no. 1...



Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Sunday, July 26, 2009, 10:01:26
Nice one KT !!!


Title: Re: Is The Recession Affecting You?
Post by: BANGKOK RED on Sunday, July 26, 2009, 10:41:09
People seem to be dropping like flies out here, in the last week alone I know of 5 people from forums who have announced that they have to return to their home country. Sometimes they even have to leave a family behind, something which scares the shite out of me.

I've just started in a new job myself though which looks promising and hopefully my misses can keep our heads above water anyway.


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Sunday, July 26, 2009, 13:17:05
Off to Skiathos tomorrow!!

I will check for abuse on my return.....where i expect DW to have signed 5 strikers.


Title: Re: Is The Recession Affecting You?
Post by: Don Rogers Shop on Sunday, July 26, 2009, 14:32:55
Just fuck off and go


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Sunday, July 26, 2009, 14:51:02
Ok i lied....

I have just checked for abuse..


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Sunday, July 26, 2009, 18:09:30

However, don't leave your job without having something to go to - there are vast quanities of unemployed part qualifieds out there as there is a general move for companies to do away with that level of resource - short sighted I know, but that seems to be the case.

I've done Internal Audit before for our firm, though on an ad-hoc basis in quiter periods. It's boring and shit. My firm is contracted in so at least the audits aren't on departments with mates in.

I wouldn't quit without something lined up. Latest is that it's actually a 4 month secondment and I might be mad and commute it so I get the mileage money until I find something else this side of the border.

I want money to change my car insurance policy though as I don't have enough business miles on it do allow this. If my employer refuses to give me extra money to update the policy then they will be breaching the law by allowing me to go to work without valid insurance so I'm hoping they play ball in this respect.


Title: Re: Is The Recession Affecting You?
Post by: nevillew on Sunday, July 26, 2009, 19:24:04

I want money to change my car insurance policy though as I don't have enough business miles on it do allow this. If my employer refuses to give me extra money to update the policy then they will be breaching the law by allowing me to go to work without valid insurance so I'm hoping they play ball in this respect.

Clearly, I don't have detailed knowledge of your company's employment T&C's but in most cases a mileage allowance is meant to include elements of fuel, depreciation insurance and maintenance, so I don't see how a 'breach of the law' would occur

Putting that number of miles on your car won't half cost you in the long run as well.

Just an observation like..


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Sunday, July 26, 2009, 19:35:29
No but if I'm not insured to drive to clients then I will not be covered by their own insurance. Well, that's what they told us the other month, some sort of health and safety requirement.

I don't have the money now to update my policy, mainly because I've had to take so muchtime off unpaid for studies. I have costed this out at a couple of hundred quid. If they don't pay for this I'm pretty buggered.


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Sunday, July 26, 2009, 21:40:42
Si

I have a load of shizzle on it mate


are you going Tuesday night ?


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Monday, July 27, 2009, 10:58:01
Si

According to HMRC advice booklet (link attached) AMAP's are to include all expenses incurred, including insurance, wear and tear and even depreciation.

Chapter 16 mate

www.hmrc.gov.uk/guidance/480.pdf

Thought it would be easier to put up here rather than you trekking over to my gaff tonight


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Monday, July 27, 2009, 11:25:31
Cheers Fred. I'm not disputing that fact. I just don't have the money to sit around and wait for my expenses to come through to update the insurance:

Expenses are paid on the 20th of the month if you submit them by the 2nd of the month. So for example September expenses will be paid on the 20th of October as I can only submit these by the 2nd October.

This means I won't be able to commute as I'd go over my policy's business mileage by then. I suppose they'll just make me live in a hotel until the mileage payments allow me to update my policy. Goodbye any chance of a social life. Sigh.

There's a chance I will have to go to Bridgend as well so I could be fashionable and top myself there :)


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Monday, July 27, 2009, 11:26:58
could you not ask for a float, seems reasonable to me mate


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Monday, July 27, 2009, 11:36:21
I'm just going to live in a hotel, they never seem to get the advances right and I can't afford to risk them deducting out of my salary 3 months running when I've already paid it back. As you may be able to tell, my employer is a bit of a shit when it comes to any organisation! I shouldn't moan too much, at least I have a job even if it is in fucking Wales.

How's the job hunt going for you Frederick/others?


Title: Re: Is The Recession Affecting You?
Post by: Sussex on Monday, July 27, 2009, 14:37:21
Shit. But thanks for asking.  :)


Title: Re: Is The Recession Affecting You?
Post by: nochee on Monday, July 27, 2009, 14:48:16
Still waiting to hear back from a place in Italy, i hate the waiting  >:(


Title: Re: Is The Recession Affecting You?
Post by: ibelieveinmrreeves on Monday, July 27, 2009, 15:00:11
Rather than drag up my nerves thread (as it served it's purpose), I'll ask here: When should I follow up on a job application? And what should I say? I have a general idea, but I read somewhere to wait a week - 10 days to follow up an application by phone, but the interview is on the 30th of this month so I'm not sure there would be much point waiting til after then! It's an admin assistant position at an adult education centre, which would involve some degree of helping run the courses as well as doing admin-y types of things. Closing date was friday just gone. I've never followed up a job application before but a few people have suggested it might benefit me!


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Monday, July 27, 2009, 15:04:14
If the closing date was only Friday then I'd give them a day or two yet.


Title: Re: Is The Recession Affecting You?
Post by: ibelieveinmrreeves on Monday, July 27, 2009, 15:20:54
Ok cool. It'll have to be tomorrow I think as I'm working wednesday day, and thursday would be too late I reckon.


Title: Re: Is The Recession Affecting You?
Post by: Dazzza on Monday, July 27, 2009, 15:55:53
could you not ask for a float, seems reasonable to me mate

SiPie the fastest accountant in the West?

[url width=578 height=476]http://www.tippinst.info/arra/images/stories/dougle_milkfloat.jpg[/url]


Title: Re: Is The Recession Affecting You?
Post by: nevillew on Monday, July 27, 2009, 16:25:27
Good work Dazzza !


Title: Re: Is The Recession Affecting You?
Post by: Luci on Monday, July 27, 2009, 18:13:31
I'm suprised no-one has mentioned the events job at STFC yet! Although theres prob a whole thread on it somewhere!


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Tuesday, July 28, 2009, 10:55:05
I saw that today - thats what I already do for a job!


Title: Re: Is The Recession Affecting You?
Post by: pauld on Tuesday, July 28, 2009, 12:15:12
I saw that today - thats what I already do for a job!
Looks like you're getting sacked then if they're advertising it :)


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Tuesday, July 28, 2009, 12:28:50
Not at the club silly!


Title: Re: Is The Recession Affecting You?
Post by: pauld on Tuesday, July 28, 2009, 12:32:42
Not at the club silly!
I know, I was deliberately misunderstanding for (admittedly not very great) comedic effect


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Tuesday, July 28, 2009, 12:34:16
So are you going for the job JFW?


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Tuesday, July 28, 2009, 12:36:57
Oh! OK sorry! xxx

I might apply for it to annoy people! :)

I might fail on the application as Ive not podged enough players! tee hee!


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Tuesday, July 28, 2009, 12:39:20
I'm sure they'd prefer it if you didn't shag the players.

Who've you done then?


Title: Re: Is The Recession Affecting You?
Post by: nochee on Tuesday, July 28, 2009, 12:42:59


I might fail on the application as Ive not podged enough players! tee hee!

So whoever does get the job clearly has then.


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Tuesday, July 28, 2009, 13:54:50
NONE SIMON!!! wouldnt touch them with yours! ;)


Title: Re: Is The Recession Affecting You?
Post by: Saxondale on Tuesday, July 28, 2009, 14:01:40
Missed out the most important bit in the ad.  Whats the wonga?


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Tuesday, July 28, 2009, 14:05:52
NONE SIMON!!! wouldnt touch them with yours! ;)

Oh, it's just you said enough so it made it sound like you'd had at least one.


Title: Re: Is The Recession Affecting You?
Post by: pauld on Wednesday, July 29, 2009, 12:41:08
NONE SIMON!!! wouldnt touch them with yours! ;)
Have you been using Si as a novelty strap-on?


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Wednesday, July 29, 2009, 13:37:35
tee hee! how rude!  :girlgiggle:


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Wednesday, July 29, 2009, 13:43:12
More like a double ended dildo. Have some of that!


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Wednesday, July 29, 2009, 14:10:28
enough now - you are putting me off my jaffa cakes

Now that reminds me I was going to update my CV


Title: Re: Is The Recession Affecting You?
Post by: jayohaitchenn on Wednesday, July 29, 2009, 14:55:42
Don't forget to big up your dildo skills, JFW.


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Monday, August 3, 2009, 22:05:01
Just back from Skiathos....

Nice time...thanks for asking.

Had a phone interview whilst i was there and an interview proper tomorrow at 11am .....Stoke...


Title: Re: Is The Recession Affecting You?
Post by: 4D on Monday, August 3, 2009, 22:13:42
Just back from Skiathos....

Nice time...thanks for asking.

Had a phone interview whilst i was there and an interview proper tomorrow at 11am .....Stoke...


City?


Title: Re: Is The Recession Affecting You?
Post by: sonicyouth on Monday, August 3, 2009, 22:22:26
seriously contemplating going back to college as it'll be something constructive to do for a year... i can't envisage my job situation improving by christmas


Title: Re: Is The Recession Affecting You?
Post by: chalkies_shorts on Monday, August 3, 2009, 22:30:33
I'm getting the first grumblings that mine is dodgy. Nothing said yet but some real politics. Above me its fuckwit v knowledgable person. I work for knowledgeable person so will probably lose. The battle has commenced and my colours are nailed firmly to the mast. Hopefully, I've picked a winner. If not, then I'll find out in a month or so with 3 months notice.   


Title: Re: Is The Recession Affecting You?
Post by: Nemo on Monday, August 3, 2009, 23:45:40
http://news.bbc.co.uk/1/hi/england/wiltshire/8182406.stm (http://news.bbc.co.uk/1/hi/england/wiltshire/8182406.stm)

227%? Blimey. And that's just those claiming jobseekers.


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Tuesday, August 4, 2009, 15:22:13
Interview went well today and the phone one that i thought was crap has invited me back for another interview!

Wish me lucks peeps!!

(Shop is allowed to tell me to fuck off)


Title: Re: Is The Recession Affecting You?
Post by: Doore on Tuesday, August 4, 2009, 22:13:23
Good luck Flash. I have an interview next monday, bit of a jump if I get it. 


Title: Re: Is The Recession Affecting You?
Post by: 4D on Tuesday, August 4, 2009, 22:15:14
Good luck Flash. I have an interview next monday, bit of a jump if I get it. 

Parachute instructor?


Title: Re: Is The Recession Affecting You?
Post by: Doore on Tuesday, August 4, 2009, 22:16:47
Parachute instructor?

I wish!  Local authority, so more like Senior Parachute Instruction Officer.


Title: Re: Is The Recession Affecting You?
Post by: BANGKOK RED on Wednesday, August 5, 2009, 09:43:29
My wife lost 2 (two) jobs today.

Mucho Oucho.


Title: Re: Is The Recession Affecting You?
Post by: @MacPhlea on Wednesday, August 5, 2009, 09:49:20
My wife lost 2 (two) jobs today.

Mucho Oucho.

Has she got anybody else booked in for the rest of the week?


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Thursday, August 6, 2009, 08:14:59
My wife lost 2 (two) jobs today.

Mucho Oucho.

 :(


In other news I may be moving to sheep shagger country.


Title: Re: Is The Recession Affecting You?
Post by: wheretherealredsare on Thursday, August 6, 2009, 08:29:34
For employment or sexual graa-aaatification?


Title: Re: Is The Recession Affecting You?
Post by: Batch on Thursday, August 13, 2009, 11:54:13
The end of the job is nigh. Bugerrybollocks. Will find out package (if any) and expected end date today/tomorrow. Holiday on Saturday (yippeee) and then nose to the grindstone trying to find any work doing whatever* to try and pay the bills.

If on the off chance anyone needs an experienced  c/c++ software engineer with a telecoms background PM me :)

*nearly.





Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Friday, August 14, 2009, 14:46:31
:(


In other news I may be moving to sheep shagger country.

Well I'm actually amazed, my company is paying for a serviced apartment in Cardiff Bay so looks like I will be living there most of the time from September onward  :bye:


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Friday, August 14, 2009, 14:51:05
PAAARRRRTTTTTTYYYYYYYYY


Title: Re: Is The Recession Affecting You?
Post by: Ben Wah Balls on Friday, August 14, 2009, 17:02:42
Cardiff bay is pretty nice, of all the places to be moving to that's not a bad one.


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Friday, August 14, 2009, 17:07:14
The end of the job is nigh. Bugerrybollocks. Will find out package (if any) and expected end date today/tomorrow. Holiday on Saturday (yippeee) and then nose to the grindstone trying to find any work doing whatever* to try and pay the bills.

If on the off chance anyone needs an experienced  c/c++ software engineer with a telecoms background PM me :)

*nearly.





Sorry to hear that, Batch.  Hopefully your pay off will tide you over the next 6 months or so - by which time the labour market should have bottomed out.  Fingers crossed for you.


Title: Re: Is The Recession Affecting You?
Post by: Batch on Friday, August 14, 2009, 20:31:31
Cheers Ardiles. With a lot of belt pinching (a lot) we should be aright for a bit longer than that, but that's sacrificing everything but essentials and not taking into account any school clothes/trips/etc for the nipper.

Had a little tear earlier, as Sky Sports went off :)


Title: Re: Is The Recession Affecting You?
Post by: chalkies_shorts on Friday, August 14, 2009, 20:33:24
Best of luck Batch. I hope it all works out for you.


Title: Re: Is The Recession Affecting You?
Post by: leefer on Friday, August 14, 2009, 20:36:54
Hope you sort things Batch...as for sky,i get a tear every time i pay it!


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Monday, August 17, 2009, 18:34:52
Last 3 interview on Friday  - should know today but no contact....

Another last 3 interview next Monday....

Something has to give.....


Title: Re: Is The Recession Affecting You?
Post by: Doore on Monday, August 17, 2009, 18:39:02
Good luck Flash.


Title: Re: Is The Recession Affecting You?
Post by: sonicyouth on Monday, August 17, 2009, 19:00:18
the thought of returning to the uk where i'll find no job is painfully horrific


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Thursday, August 27, 2009, 13:13:00
Been to three matches not seen us win and not seen us score yet...BUT....just jumped around the living room as if i was at Brum V Swindon in the early nineties.

The Flash has managed to get the job.....a goodun an all!!! Contract through today!

Start on the 7th Sept...

Get in there!!!

Dont lose hope people!!!


Title: Re: Is The Recession Affecting You?
Post by: Batch on Thursday, August 27, 2009, 13:15:05
The Flash has managed to get the job.....a goodun an all!!! Contract through today!

Start on the 7th Sept...

Excellent news. Well done!


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Thursday, August 27, 2009, 13:16:39
Cheers Batchy!!


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Thursday, August 27, 2009, 18:02:35
Well done Flash. Here's a cheerier announcement too:

Quote
Confidence among business professionals has moved into positive territory for the first time in two years, providing further evidence of an improving UK economy. The latest ICAEW UK Business Confidence Monitor (BCM) shows a record rise in confidence from -28.2 to +4.8, the highest since Q3, 2007. Based on this, the ICAEW predicts that GDP will rise 0.5% this quarter.

This quarter’s change is the largest quarterly improvement seen since BCM began. This cautious optimism is underpinned by expected rises over the next 12 months in 13 out of the 14 financial performance indicators detailed within the BCM. This is in contrast to the picture earlier in the year when the majority were expected to contract.

Michael Izza, Chief Executive of the ICAEW, said:

“This quarter’s BCM suggests that the UK recession is at an end. While there is no doubt that the UK economy is on its way to recovery, we shouldn’t underestimate the challenges ahead for businesses. Businesses have taken the right actions to mitigate the impact of the downturn and are playing their part in an improving economy. Policies such as quantitative easing, the fall in interest rates and the VAT reduction have all helped improve business confidence. However, the recovery is very fragile and I would urge policy makers not to take any actions that could derail it.”

When asked, 41% of senior business professionals were more confident about economic prospects facing their business in the next year. However only 6% were much more confident, indicating that caution remains about the strength and timing of the recovery.

The monitor revealed that businesses have looked to cut costs where they can, including a reduction in the number of employees (-2.9%). Although this is the biggest ever drop, firms do not expect to make further redundancies in the next year. Staff development (-1.5%) and capital investment (-1.4%) have also been cut and stock levels continue to be closely managed. Over a quarter (26%) in the Manufacturing, Construction and Transport sectors have stocks of raw materials and components below normal levels.

IT is the most confident sector (+18.5%), followed by Banking, Finance and Insurance (+15.9%) and Property (+11.7), compared to the UK average of +4.8. The Banking sector in particular has shown a remarkable upturn given the turmoil of the last two years. Confidence has also returned to the Property sector, a reaction to the more positive signs in the housing market. The least confident sector is Health and Education (-12.2%) which is finally facing the realisation of expected cuts in the public sector.

Across the country, business confidence rose across all regions for the second consecutive quarter. Wales is the most confident with an Index of +16.9, followed by Scotland at +15.9. Northern England is most positive of the English regions having seen a rise of over 50 points. London and South East are the most cautious (-1.1 and -0.6 respectively), reflecting a net balance of businesses who were wary about economic prospects.

Michael Izza concludes:

“Although positive growth in the autumn seems more likely, there are concerns about the strength of the recovery. Salaries are expected to remain squeezed and with no planned recruitment there is still an air of nervousness among UK businesses. Confidence is up but those in Manufacturing and Engineering, as well as large businesses, remain cynical about their prospects for the future. Both are crucial to the UK economy and the signs are that the next twelve months are very much about building for the recovery.”

For further information please go to www.icaew.com/bcm


Title: Re: Is The Recession Affecting You?
Post by: 4D on Thursday, August 27, 2009, 21:53:51
Been to three matches not seen us win and not seen us score yet...BUT....just jumped around the living room as if i was at Brum V Swindon in the early nineties.

The Flash has managed to get the job.....a goodun an all!!! Contract through today!

Start on the 7th Sept...

Get in there!!!

Dont lose hope people!!!

Well done Flashy, does it include Saturdays?  :)


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Friday, August 28, 2009, 11:48:13
Well done Flashy, does it include Saturdays?  :)

Doe it fuck!!

Last Saturday i worked was in late 80's Meat Department Safeway Warminster....

Cheers!


Title: Re: Is The Recession Affecting You?
Post by: 4D on Friday, August 28, 2009, 18:38:55
Apologies Flash I'll try again........Does it include Saturdays (Matchdays)?  :D


Been to three matches not seen us win and not seen us score yet.



Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Saturday, August 29, 2009, 08:59:08
Apologies Flash I'll try again........Does it include Saturdays (Matchdays)?  :D



Aaaaggggghhhhh - i see!!!

No

Pikeys - Attended with old man.....wish i had'nt!...
MK Dongs - Holiday - Eurodiz
MK Dongs - Attended
Saints - Holiday - Cornwall
Oldham - Holiday - Cornwall
Wolves - Attended - Great Night

Southend.....See you there!


Title: Re: Is The Recession Affecting You?
Post by: 4D on Saturday, August 29, 2009, 09:22:00
Aaaaggggghhhhh - i see!!!

No

Pikeys - Attended with old man.....wish i had'nt!...
Franchise Dongs - Holiday - Eurodiz
Franchise Dongs - Attended
Saints - Holiday - Cornwall
Oldham - Holiday - Cornwall
Wolves - Attended - Great Night

Southend.....See you there!

 :doh: This is going to be 0-0......you haven't seen Town score, I haven't seen them concede (2 games) and we are both attending today.  :(


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Saturday, August 29, 2009, 09:43:28
My Nephew called me a jinx on Tuesday night when i recounted the above....


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Wednesday, September 9, 2009, 20:37:59
I got asked today how I would feel about a permanent transfer to Cardiff if a position became available. Apparently this would be 'an amazing opportunity'.

The woman from HR later admitted the Swindon office will be making redundancies in January. I'm not surprised by this plan, but am very surprised she told me that. It at lest confirms my suspicions of the situation and gives me enough time to look for a job elsewhere.


Title: Re: Is The Recession Affecting You?
Post by: dell boy on Wednesday, September 9, 2009, 21:48:27
I got asked today how I would feel about a permanent transfer to Cardiff if a position became available. Apparently this would be 'an amazing opportunity'.

The woman from HR later admitted the Swindon office will be making redundancies in January. I'm not surprised by this plan, but am very surprised she told me that. It at lest confirms my suspicions of the situation and gives me enough time to look for a job elsewhere.

How long have you been with your present company?
If you have been there a while, then dont lose out on a pay day.


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Wednesday, September 9, 2009, 22:17:38
In January it will be 3.5 years so I'll get 3 weeks statutory pay if I was one of those made redundant (by my reckoning anyway). At the moment I'm quite apethetic about it (that sounds a bit silly) but the reason being I've been expecting this for most of the year now and I've thus far predicted every move of my employer so I'm not surprised. My only worry is that they offer me a job in Cardiff and if I turn it down they say I've unreasonably turned alternative employment down. At the risk of facing a tribunal I can't see them refusing redundancy pay.

The Cardiff team seem to be going out of their way to keep me sweet however, so I'm going to enjoy all the benefits whilst it lasts. The potential doom is a long way off yet anyway.


Title: Re: Is The Recession Affecting You?
Post by: Talk Talk on Wednesday, September 9, 2009, 22:42:40
The Cardiff team seem to be going out of their way to keep me sweet however, so I'm going to enjoy all the benefits whilst it lasts. The potential doom is a long way off yet anyway.

Just keep wearing the mint sauce aftershave eh, Si?


Title: Re: Is The Recession Affecting You?
Post by: Sippo on Friday, September 11, 2009, 07:41:34
I've been asked if I would be interested in a job in reading. £10k more than I'm on now. Is that worth the extra commute? How long do you think it would take me from Swindon?


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Friday, September 11, 2009, 07:44:59
45 mins tops mate, mind you all depends on the time you leave.

Can get a bit nasty around J12/J11


Title: Re: Is The Recession Affecting You?
Post by: Sippo on Friday, September 11, 2009, 08:01:00
If I left at 7 would that make a difference?


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Friday, September 11, 2009, 08:05:41
Yeppers

leave anything past 7.15 and you are in the shit mate


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Friday, September 11, 2009, 08:06:47
Agree with Fred's point.  Reading doesn't have any arterial routes bypassing it to the north, east & west, so the M4 is used by locals as a bypass to get from side of town to the other...hence the gridlock.

As commutes go, though, Swindon to Reading is really not that bad.  The payrise comfortably exceeds your fuel/depreciation costs, so why not.

And depending on where you live and where in Reading the job is, the train could be well worth considering as well.


Title: Re: Is The Recession Affecting You?
Post by: Sippo on Friday, September 11, 2009, 08:07:44
Train is a no go really. Live by Asda Walmart so drive is definately easier.


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Friday, September 11, 2009, 08:21:59
And depending on where you live and where in Reading the job is, the train could be well worth considering as well.

Dont do it, you will end up an alkie like me

 :-[



Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Friday, September 11, 2009, 08:32:32
I've been asked if I would be interested in a job in reading. £10k more than I'm on now. Is that worth the extra commute? How long do you think it would take me from Swindon?

The thing is, you might actually have to do some work in this new job :D


Title: Re: Is The Recession Affecting You?
Post by: Sippo on Friday, September 11, 2009, 08:51:09
Cheeky git!


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Friday, September 11, 2009, 10:06:56
End of the first week in my new job......fuck this working lark.....im bolloxed!!


Title: Re: Is The Recession Affecting You?
Post by: nevillew on Friday, September 11, 2009, 12:04:17
Agree with Fred's point.  Reading doesn't have any arterial routes bypassing it to the north, east & west, so the M4 is used by locals as a bypass to get from side of town to the other...hence the gridlock.

As commutes go, though, Swindon to Reading is really not that bad.  The payrise comfortably exceeds your fuel/depreciation costs, so why not.

And depending on where you live and where in Reading the job is, the train could be well worth considering as well.

There is the fact that your working day is 2 hours longer to consider


Title: Re: Is The Recession Affecting You?
Post by: Batch on Wednesday, September 30, 2009, 15:30:02
Well I'm not sure why I am sharing this with the world, but maybe if someone goes through the same thing it'll help make them feel normal. Or maybe I am abnormal.

- Made redundant on the 28th August. Notified at risk mid August.
- Initially optimistic, sure I know I won't walk into another job but every crisis is an opportunity
- Forged a couple of 'outside chance' opportunities, then fall into a mild depression about how I will keep the house, look after the family, etc.  if I don't get a job. Doubt my own abilities and start to feel worthless. Would curl up in bed if I could and forget about the world. Hold off chasing opportunities in case I don't get the job (yes it makes no sense, apologies to those who know who they are).
- Emotional situation not helped by wife taking 6 week contract making it hard for me to proper job hunt because of looking after nipper.

So finally I have started to break the cycle. I am going to my mums a few times a week so she can look after nipper and I can job hunt.

The job centre is a bit soul destroying on account of not really being geared for the (un)professional. But they are recognising this I think. And it's not an option anyway. I need to sign for mortgage protection purposes.

Yeah its tough out there in the job market. No real bites yet but I'll just keep on going and hope things get better.

This has been a broadcast by the emotionally needy party!


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Wednesday, September 30, 2009, 15:38:56
Batch I totally and utterly feel your pain

I have been in that situation though was lucky enough not to have a child to support at the time - The job centre is  the bum hole of the world - I hated the way I was treated like the dole dosser next to me even though it wasnt my fault I had lost my job

You will get something - For me something came totally and utter out the blue and if anything changed my direction in life a but in a good way

Much love homey xxx ;)



Title: Re: Is The Recession Affecting You?
Post by: Sussex on Wednesday, September 30, 2009, 15:50:57
Know exactly how you feel Batch (except not having a little'un). Still job hunting nine months after redundancy.

Catch 22 really. Take a shit paid job - lose the mortgage protection (an expensive godsend!) - then lose the house! No choice but to hang on in there for something reasonable to come along.

I've noticed there's been a few more 'decent' jobs coming up in the last 5/6 weeks which is sort of promising.

Anyone who thinks they might be at risk (that redundancy cash won't last long), get your cv bang up to date and ready, in case you need to get it out there to as many agencies and employers possible.

I could have had a baby by now.


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Wednesday, September 30, 2009, 16:04:49
My heart goes out to you, mate, because it's precisely the scenario I've been fearing myself for the last 18 months or so.  I am still fortunate enough to be gainfully employed, but the economy is not out of the woods yet and there are still enough unknowns out there for my guard to remain well & truly up for the time being.

As JFW says, your luck very often turns when you least expect it and if there is a small silver lining here it's that the economy has at least started to turn.  The prospects, on paper, for the next 12 months are somewhat rosier than for the 12 months just passed - and I hope that is of some comfort to Sussex as well.


Title: Re: Is The Recession Affecting You?
Post by: Batch on Wednesday, September 30, 2009, 16:12:56
Cheers guys and gals. Just got to keep on plugging away and hope it turns around.

Hope something comes up for you soon Sussex. As a matter of interest, have the Job Centre been OK with you now you have passed 6 months?


Title: Re: Is The Recession Affecting You?
Post by: pauld on Wednesday, September 30, 2009, 16:21:02
Batch, kind of been there myself after taking VR a few years back and getting embroiled in a somewhat protracted job hunt as I held out for the "right" job. It got proper soul-destroying in the 3rd month and I kind of lost sight of what I was doing it all for. But I held on, refocused and got the right job and like JFW have ended up in a better place as a result.

Sounds to me like you're coping pretty well, all things considered, and you've recognised the potential pit it's all too easy to fall into and taken action to counter it. Which is massive in itself.

At the risk of sounding like a self-help guide, keep believing in yourself - you need to big yourself up to yourself, as much as to potential employers. And part of that is telling yourself you ARE good enough to do the jobs you're going for (erm, so long as you're actually qualified - don't blag yourself into a job as a brain surgeon or something on a tide of overconfidence, that's a clear recipe for trouble) and treat the knock backs as just all part of the process. Keep telling yourself you're too good to be out of work for too long, and too good to settle for shit. You'll get there. Best of luck mate


Title: Re: Is The Recession Affecting You?
Post by: Sussex on Wednesday, September 30, 2009, 16:21:55
Seem to be. Obviously the £60 a week or whatever it was stops. They gave me a 6 month interview and changed the signing from fortnightly to weekly and now I just go back fortnightly and to sign the mortgage protection. Although that finishes in a couple of months. Gulp.


Title: Re: Is The Recession Affecting You?
Post by: STFC_Gazza on Wednesday, September 30, 2009, 16:25:26
I hope those affected by the recession get work sorted soon. Its a dog eat dog world out there but good times are ahead hopefully.

I am lucky in so much that I have just got a pay rise although it was deferred from april until now. I don't want this to be a dick waving post or anything, but at the minute I am doing ok through the recession although working for a pub company things have slowed down quite a bit. Ie less Christmas bookings etc.


Title: Re: Is The Recession Affecting You?
Post by: Batch on Wednesday, September 30, 2009, 16:31:26
cheers PaulD/Sussex. I guess in the past 2 redundancies  I've been lucky enough to walk into a new job in less than a month. Bloody recession :)

Gazza, glad its all going well in such hard times.


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Wednesday, September 30, 2009, 16:54:12
chin up boys!!


Title: Re: Is The Recession Affecting You?
Post by: iffy on Wednesday, September 30, 2009, 18:53:46
This may be far too soppy/poncy/soft for my fellow hard-nuts on the TEF, but I thought this video was really interesting on career worries and worth ten minutes: http://www.ted.com/talks/alain_de_botton_a_kinder_gentler_philosophy_of_success.html (http://www.ted.com/talks/alain_de_botton_a_kinder_gentler_philosophy_of_success.html)




Title: Re: Is The Recession Affecting You?
Post by: LucienSanchez on Wednesday, September 30, 2009, 20:46:40
Good luck, Batch; as you know I have the same thing coming up in November, and I am proper scared. Move home and panic is my most likely at the moment, much to the disappointment of the missus... I predict a shit start to 2010!


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Thursday, October 1, 2009, 09:39:57
cheers PaulD/Sussex. I guess in the past 2 redundancies  I've been lucky enough to walk into a new job in less than a month. Bloody recession :)

Gazza, glad its all going well in such hard times.

Boooo dont cheers me then!  :P


Title: Re: Is The Recession Affecting You?
Post by: Batch on Thursday, October 1, 2009, 09:45:38
Boooo dont cheers me then!  :P

You are on my special thanks list which will be available in all good bookshops by Christmas.


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Thursday, October 1, 2009, 09:48:59
Not sure I can wait that long!

Always remember - I gave the love first - everyone else just jumped on my bandwagon! :) :bandwagon:

 :D


Title: Re: Is The Recession Affecting You?
Post by: Batch on Thursday, October 1, 2009, 09:54:56
OK then.  Super special thanks/love to JFW.

And good luck to Lucien too.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Monday, October 26, 2009, 18:05:41
Goodbye non-contributory defined benefits pension scheme, hello career average 6% employee contributions at a reduced accrual rate :(


Title: Re: Is The Recession Affecting You?
Post by: DiV on Monday, October 26, 2009, 18:06:54
I got a pay rise the start of the month and I'm being offered shit loads of over time which is great because its extra money and makes up for the money I lose seemingly being on bloody strike all the time.


Title: Re: Is The Recession Affecting You?
Post by: Bedford Red on Monday, October 26, 2009, 19:21:45
Goodbye non-contributory defined benefits pension scheme, hello career average 6% employee contributions at a reduced accrual rate :(

I had the first when i was in a bank, now i pay into a pension (6.5% every month) but it's still final salary (government one) so i don't mind as i "should" get something out of it at the end.


Title: Re: Is The Recession Affecting You?
Post by: Iffy's Onion Bhaji on Monday, October 26, 2009, 19:54:00
I got a pay rise the start of the month and I'm being offered shit loads of over time which is great because its extra money and makes up for the money I lose seemingly being on bloody strike all the time.

So why are so many people at RM moaning if they're getting pay rises?


Title: Re: Is The Recession Affecting You?
Post by: Batch on Monday, October 26, 2009, 20:04:30
Goodbye non-contributory defined benefits pension scheme, hello career average 6% employee contributions at a reduced accrual rate :(

Bit of a bummer.


So why are so many people at RM moaning if they're getting pay rises?

I blame the Unions. Thatcher got it right smashing them.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Monday, October 26, 2009, 20:05:50
Bit of a bummer.

Quite. Works out a 3rd less pension accrual for a 6% pay-cut. I can opt out, but then I'll have no pension provision.


Title: Re: Is The Recession Affecting You?
Post by: nevillew on Monday, October 26, 2009, 20:57:31
Quite. Works out a 3rd less pension accrual for a 6% pay-cut. I can opt out, but then I'll have no pension provision.

That's a kick in the nuts right enough. The only 'consolation' is that it's not a 6% cut, as you'll get tax relief, so it'll be 'only' 4.7%(ish) net cut, or 3.6% if you're a higher rate payer. Best I can do I'm afraid, but it's best to stay opted in as the employer is also paying in.


Title: Re: Is The Recession Affecting You?
Post by: leefer on Monday, October 26, 2009, 21:04:04
Hey you guys,...wonder if you can help me...got an old school pension that i dont pay into any more....but my employee still pays NI every year towards it.....they dont do this kind of pension anymore but are honouring the ones taking out...could be fairly lucrative when and if i reach retirement.....i keep getting letters asking if i want to opt out....got abit of advice on it and was told to stay put........can you tell me anything i should know that may help.


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Friday, December 11, 2009, 17:09:27
Finally passed all those bastard fucking exams, surprised and ecstatic all the same. Time to dig my heels in at work and politely tell them to fuck off when they plan the next 6 month secondment.


Title: Re: Is The Recession Affecting You?
Post by: DiV on Friday, December 11, 2009, 17:37:58
64 hours last week. 72 hours next. £££


Title: Re: Is The Recession Affecting You?
Post by: pauld on Friday, December 11, 2009, 17:41:23
Finally passed all those bastard fucking exams, surprised and ecstatic all the same.
Nice one Si, congratulations


Title: Re: Is The Recession Affecting You?
Post by: leefer on Friday, December 11, 2009, 18:08:39
Finally passed all those bastard fucking exams, surprised and ecstatic all the same. Time to dig my heels in at work and politely tell them to fuck off when they plan the next 6 month secondment.

Congrats Sie....


Title: Re: Is The Recession Affecting You?
Post by: Batch on Friday, December 11, 2009, 18:30:11
Nice one Si


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Friday, December 11, 2009, 18:33:16
I remember passing my accountancy exams (a while ago now)...and remember feeling the weight lift off my shoulders.  I trust you'll be getting well & truly wasted this evening (Mrs Si permitting).


Title: Re: Is The Recession Affecting You?
Post by: herthab on Saturday, December 12, 2009, 08:42:54
Well................. The place I work has been restructured, to be effective 4th Jan. Every level has been told what their new areas and responsibilities are, except mine.
 
 I phone my line managers line manager, as my boss knew fuck all, and was told my position was still under review, but that we would be informed before the end of the year.

Ominous..............


Title: Re: Is The Recession Affecting You?
Post by: Batch on Saturday, December 12, 2009, 09:46:31
I'll keep my fingers crossed for you Herthab.


Title: Re: Is The Recession Affecting You?
Post by: Sussex on Saturday, December 12, 2009, 09:56:03
What Batch said, Herthab.


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Saturday, December 12, 2009, 12:04:44
I know we spoke in the pub but good luck Hertha


Title: Re: Is The Recession Affecting You?
Post by: Peter Venkman on Saturday, December 12, 2009, 12:12:15
Fingers crossed Hertha.


Title: Re: Is The Recession Affecting You?
Post by: pauld on Sunday, December 13, 2009, 20:01:12
Well................. The place I work has been restructured, to be effective 4th Jan. Every level has been told what their new areas and responsibilities are, except mine.
 
 I phone my line managers line manager, as my boss knew fuck all, and was told my position was still under review, but that we would be informed before the end of the year.

Ominous..............
Shit, best of luck hertha. My missus is waiting to find out if she's getting a pay cut or not. Her employer has said that just under 50% of employees will be having their pay "adjusted", but not said who or what the criteria is. To add to the classy way they're handling it, her manager will be told before Christmas but isn't allowed to tell the missus till the New Year. Nice.


Title: Re: Is The Recession Affecting You?
Post by: Phil_S on Monday, December 14, 2009, 09:33:55
Hey you guys,...wonder if you can help me...got an old school pension that i dont pay into any more....but my employee still pays NI every year towards it.....they dont do this kind of pension anymore but are honouring the ones taking out...could be fairly lucrative when and if i reach retirement.....i keep getting letters asking if i want to opt out....got abit of advice on it and was told to stay put........can you tell me anything i should know that may help.

Sounds like this NI money going into a Private Pension rather than SERP's. Not sure if it's still the case, but it used to be more worthwhile the younger you are. (the fund needs time to grow). The cross over point used to be when you reached your 40's.
Essentially you are moving the money from the government top up to the state poension to a private scheme.


Title: Re: Is The Recession Affecting You?
Post by: Batch on Monday, December 14, 2009, 10:54:48
Her employer has said that just under 50% of employees will be having their pay "adjusted",

Didn't even think that was legal, unless voluntary in some way. Nice.


Title: Re: Is The Recession Affecting You?
Post by: jayohaitchenn on Monday, December 14, 2009, 11:43:48
Easy to make it voluntary. At my brothers work they had to vote for a 25% paycut across the board, or 40% redunancies.

A pretty easy choice there.


Title: Re: Is The Recession Affecting You?
Post by: nevillew on Monday, December 14, 2009, 13:55:24
Easy to make it voluntary. At my brothers work they had to vote for a 25% paycut across the board, or 40% redunancies.

A pretty easy choice there.

Not if you think you're in the top 60% of the workforce it isn't.



Title: Re: Is The Recession Affecting You?
Post by: Batch on Monday, December 14, 2009, 14:57:34
Not if you think you're in the top 60% of the workforce it isn't.

I don't think redundancy decisions go much past the balance sheet these days. The top 40% earniers should be worried!


Title: Re: Is The Recession Affecting You?
Post by: nevillew on Monday, December 14, 2009, 16:18:55
I don't think redundancy decisions go much past the balance sheet these days. The top 40% earniers should be worried!

Sadly, you're wrong. Positions are made redundant, not people, then it becomes a case of how you rank and rate the people capable of filling the remaining positions. this means that a person's job could disappear, but someone else may leave the company and that person be retained.

To do this there has to be detailed criteria for 'scoring', and full details as to how the process was carried out, otherwise the employer could end up before employment tribunals.


Title: Re: Is The Recession Affecting You?
Post by: Batch on Monday, December 14, 2009, 16:41:07
Well OK, but there are ways around it aren't there.

e.g. employ a load of cheaper employees doing the same job but based overseas. They were of course doing the same job (for less), hard to argue against the 'scoring'.

Or make a higher ranking position redundant, then distribute similar responsibilities to other team members who won't be doing the same role.

My point being, people I have worked with have been made redundant and effectiveness at their job didn't seem to come into it. Some excellent people got canned. Some plebs kept their job.



Title: Re: Is The Recession Affecting You?
Post by: pauld on Monday, December 14, 2009, 18:23:59
Didn't even think that was legal, unless voluntary in some way. Nice.
I've probably greatly oversimplified it, I'm sure all the correct boxes are being ticked, but this is pretty much the effect of it, that she's waiting to hear if she's one of the ones getting a pay cut. Apparently the "adjustments" may also include some rises, but she's not holding her breath


Title: Re: Is The Recession Affecting You?
Post by: Sussex on Wednesday, January 13, 2010, 19:46:53
Had a second interview before Christmas and just got the call. Thank fuck for that.


Title: Re: Is The Recession Affecting You?
Post by: Batch on Wednesday, January 13, 2010, 20:11:13
Had a second interview before Christmas and just got the call. Thank fuck for that.

Superb. That's fantastic news!


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Wednesday, January 13, 2010, 20:12:36
Nice one dude.


Title: Re: Is The Recession Affecting You?
Post by: Bogus Dave on Wednesday, January 13, 2010, 20:13:08
yaaaay go sussex :)


Title: Re: Is The Recession Affecting You?
Post by: LucienSanchez on Wednesday, January 13, 2010, 20:34:29
Had a second interview before Christmas and just got the call. Thank fuck for that.

Well done buddy!


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Wednesday, January 13, 2010, 20:45:10
Excellent news Paul.


Title: Re: Is The Recession Affecting You?
Post by: yeo on Wednesday, January 13, 2010, 21:16:18
hooray! thats great news


Title: Re: Is The Recession Affecting You?
Post by: Fred Elliot on Wednesday, January 13, 2010, 22:21:13
well done Paul......................FanFuckingTastic


Title: Re: Is The Recession Affecting You?
Post by: donkey on Wednesday, January 13, 2010, 22:34:51
Good luck Sussex, and congrats.


Title: Re: Is The Recession Affecting You?
Post by: Doore on Wednesday, January 13, 2010, 22:35:34
Salutations, Sussex.


Title: Re: Is The Recession Affecting You?
Post by: pauld on Thursday, January 14, 2010, 00:56:29
Nice one Sussex. About time there was some good news on this thread! Can the mods change the "thing under Sussex's name" to "Official TEF green shoot of recovery" please?


Title: Re: Is The Recession Affecting You?
Post by: ron dodgers on Thursday, January 14, 2010, 01:25:50
colleague who sits opposite me just wanged an 8k rise by hinting that he'd move on. I guess it's down to supply and demand still.


Title: Re: Is The Recession Affecting You?
Post by: nevillew on Thursday, January 14, 2010, 07:59:20
Sussex !, Sussex !,  Rah,Rah,Rah !


Title: Re: Is The Recession Affecting You?
Post by: herthab on Thursday, January 14, 2010, 08:00:47
If Sussex has finally got a job it must mean the country's in recovery!


Title: Re: Is The Recession Affecting You?
Post by: Sippo on Thursday, January 14, 2010, 08:21:33
Well done son! Birdy might be a bit happier now!


Title: Re: Is The Recession Affecting You?
Post by: Ginginho on Thursday, January 14, 2010, 08:26:16
Nice one Sussex!


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Thursday, January 14, 2010, 08:57:01
I was hoping the recovery would arrive by the 50th page of this thread.  I think it's here, folks.  Nice one, Sussex.  Very happy for you.


Title: Re: Is The Recession Affecting You?
Post by: Peter Venkman on Thursday, January 14, 2010, 09:02:58
WTG Paul great news :)


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Thursday, January 14, 2010, 09:33:53
Well done! No more Jeremy Kyle for you!! Now you can treat your good women to a nice big wedding!


Title: Re: Is The Recession Affecting You?
Post by: pauld on Thursday, January 14, 2010, 09:35:06
Well done! No more Jeremy Kyle for you!! Now you can treat your good women to a nice big wedding!
I didn't know Sussex was a Mormon


Title: Re: Is The Recession Affecting You?
Post by: tans on Thursday, January 14, 2010, 09:53:35
Had a second interview before Christmas and just got the call. Thank fuck for that.

Cracking mate. What you doing?


Title: Re: Is The Recession Affecting You?
Post by: Chubbs on Thursday, January 14, 2010, 10:14:39
the only way the recessin is affecting me is its preventing me finding another job.


Title: Re: Is The Recession Affecting You?
Post by: Sussex on Thursday, January 14, 2010, 10:59:20
Cracking mate. What you doing?

Ta all. Back in graphic design. This temp manual labour lark has been playing havoc with my hands :)


Title: Re: Is The Recession Affecting You?
Post by: sonicyouth on Thursday, January 14, 2010, 11:57:13
grats sussex, good luck:)


Title: Re: Is The Recession Affecting You?
Post by: nevillew on Thursday, January 14, 2010, 12:45:13
I didn't know Sussex was a Mormon

Just check the spelling there pauld ?


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Thursday, January 14, 2010, 14:05:49
Had a second interview before Christmas and just got the call. Thank fuck for that.

Get in!


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Thursday, January 14, 2010, 14:22:03
Wonder how my favourite ginge got on today??


Title: Re: Is The Recession Affecting You?
Post by: LucienSanchez on Thursday, January 14, 2010, 14:56:48
I hope that's me. I think it went okay, which is a first for me... so i can only assume that i cocked it up without realising!


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Thursday, January 14, 2010, 14:57:39
Of course its you silly xx


Title: Re: Is The Recession Affecting You?
Post by: axs on Thursday, January 14, 2010, 17:32:40
 :(


Title: Re: Is The Recession Affecting You?
Post by: DMR on Thursday, January 14, 2010, 17:43:14
Lend us a oner then Sussex you tight layabout cunt


Title: Re: Is The Recession Affecting You?
Post by: pumbaa on Friday, January 15, 2010, 07:50:34
Congrats Sussex, well overdue.....and good luck LS......


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Friday, January 15, 2010, 09:34:42
Congrats Sussex, well overdue.....and good luck LS......

So by that comment you feel he wasnt doing enough!!

Nice one!!


Title: Re: Is The Recession Affecting You?
Post by: herthab on Friday, January 15, 2010, 13:49:47
Finally got told today (After waiting since before Christmas) that my job is safe.

Just have to remember what it is I'm supposed to do now......


Title: Re: Is The Recession Affecting You?
Post by: DMR on Friday, January 15, 2010, 13:52:17
Good news as well that HH, whats with all the good news is was better when people were shittin out left right and centre!


Title: Re: Is The Recession Affecting You?
Post by: Batch on Friday, January 15, 2010, 14:08:19
Finally got told today (After waiting since before Christmas) that my job is safe.

Excellent, must have been horrible living in limbo


Title: Re: Is The Recession Affecting You?
Post by: Arriba on Friday, January 15, 2010, 14:19:46
reckon the back would ache too


Title: Re: Is The Recession Affecting You?
Post by: nevillew on Friday, January 15, 2010, 15:52:10
reckon the back would ache too

That's low.


Title: Re: Is The Recession Affecting You?
Post by: ron dodgers on Friday, January 15, 2010, 18:50:39
I hope that's me. I think it went okay, which is a first for me... so i can only assume that i cocked it up without realising!

where be you going to then Mr M?


Title: Re: Is The Recession Affecting You?
Post by: pumbaa on Friday, January 15, 2010, 19:56:59
So by that comment you feel he wasnt doing enough!!

Nice one!!

Indeed. Russell called it right.......


Title: Re: Is The Recession Affecting You?
Post by: LucienSanchez on Friday, January 15, 2010, 20:02:05
where be you going to then Mr M?

nowhere! I was rejected within 27 hours!


Title: Re: Is The Recession Affecting You?
Post by: Batch on Friday, January 15, 2010, 20:09:07
nowhere! I was rejected within 27 hours!

Sorry to hear that. If it makes you feel any better my record rejection was about 2 hours.


Title: Re: Is The Recession Affecting You?
Post by: ron dodgers on Sunday, January 17, 2010, 19:04:43
nowhere! I was rejected within 27 hours!
bummer - you was to good for them


Title: Re: Is The Recession Affecting You?
Post by: @MacPhlea on Sunday, January 17, 2010, 23:40:25
So I guess I have all this fun to come - got into work after Christmas only to be told that due to restructuring my position was being eliminated.. I guess I should consider myself lucky, I worked there 17 years and at least got a decent package unlike my opposite number in the US who got 2 weeks pay and 30 minutes to clear his desk!

If anyone knows anybody who needs an IT geek who can look after football pitches get them to link into me!

http://uk.linkedin.com/in/rossiterpj


Title: Re: Is The Recession Affecting You?
Post by: Nemo on Sunday, January 17, 2010, 23:42:16
You want to read your first sentence, surely you should be effectively combining rather than effective? Not just being a pedant for no reason, people will notice it.


Title: Re: Is The Recession Affecting You?
Post by: @MacPhlea on Sunday, January 17, 2010, 23:47:24
cheers for that - fixed... one glass of wine too many tonight!


Title: Re: Is The Recession Affecting You?
Post by: jayohaitchenn on Tuesday, January 19, 2010, 12:06:43
You also have a superfluous s in "problems solving"


Title: Re: Is The Recession Affecting You?
Post by: Batch on Tuesday, January 19, 2010, 12:10:33
Good luck triseros.

I appear to have stuffed my latest and best opportunity at interview stage since being made redundant. Shame as it looked interesting.

Makes me wonder if there is any point to job hunting anymore. Got to keep at it for the sake of the family.


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Tuesday, January 19, 2010, 13:12:02
Something will come up soon Batch - I promise - I know exactly how you feel
much love homie xxx ;)


Title: Re: Is The Recession Affecting You?
Post by: STFCBird on Tuesday, January 19, 2010, 13:13:07
Good luck triseros.

I appear to have stuffed my latest and best opportunity at interview stage since being made redundant. Shame as it looked interesting.

Makes me wonder if there is any point to job hunting anymore. Got to keep at it for the sake of the family.

Hang in there Batch - I know you are probably sick of hearing that but you must.  


Title: Re: Is The Recession Affecting You?
Post by: jimmy_onions on Tuesday, January 19, 2010, 13:13:24
batch, (and for all others looking), what is your line of work?


Title: Re: Is The Recession Affecting You?
Post by: Phil_S on Tuesday, January 19, 2010, 13:18:14
I haven't posted on this thread for a while. I used to be a catering manager but now am a mortgage broker.


Title: Re: Is The Recession Affecting You?
Post by: Batch on Tuesday, January 19, 2010, 13:23:01
Thanks gals, moment of self pity.  I've kicked myself up the arse, no mean feat with my physique I can tell you.

jimmy_onions: Software engineer. Telecoms.


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Tuesday, January 19, 2010, 13:23:15
Glad you're back in the saddle.

So are you confident on the outlook for the industry, Phil?  Personally, I'm wondering whether a period of stagnation (or even moderate falls) when it comes to house prices would be a good thing.  The market seems to be perking up at last, but the last thing we need is for another bubble to inflate and to go through the convulsions of the last few years all over again.  There are signs that the ultra-low interest rates of the last year (which I know have personally benefited from to the tune of £000s) may be doing just that.


Title: Re: Is The Recession Affecting You?
Post by: Batch on Wednesday, January 20, 2010, 12:39:00
OMG OMG OMG!, got a job offer email. I'm so relieved/excited/apprehensive.

Thanks for putting up with my outpourings everyone. Good luck to those still looking.



Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Wednesday, January 20, 2010, 12:41:22
Excellent news Batch! Looks like things are picking up in the world of the TEF.


Title: Re: Is The Recession Affecting You?
Post by: STFCBird on Wednesday, January 20, 2010, 12:48:04
well done Batch!!!


Title: Re: Is The Recession Affecting You?
Post by: sonicyouth on Wednesday, January 20, 2010, 12:52:20
nice one Batch! was it the one you thought you blew?

i'm finding it thoroughly frustrating lately - there isn't a lack of jobs, i'm just drowned out by a higher volume of better applicants. through a lack of qualifications and big gaps in my employment history due to illness, it all feels utterly hopeless.



Title: Re: Is The Recession Affecting You?
Post by: Sussex on Wednesday, January 20, 2010, 13:02:03
Great news Batch  :)


Title: Re: Is The Recession Affecting You?
Post by: Batch on Wednesday, January 20, 2010, 13:18:36
Thanks all

nice one Batch! was it the one you thought you blew?

i'm finding it thoroughly frustrating lately - there isn't a lack of jobs, i'm just drowned out by a higher volume of better applicants. through a lack of qualifications and big gaps in my employment history due to illness, it all feels utterly hopeless.

Yes the one I thought I blew.

Believe me SY, I have had the feeling of utter hopelessness frequently. I understand that your circumstances are different regarding sickness and qualifications. But you just have to keep at it and try to keep your spirits up. I know from experience it is easier said than done, but keep going at it.


Title: Re: Is The Recession Affecting You?
Post by: LucienSanchez on Wednesday, January 20, 2010, 13:21:08
Well done dude!


Title: Re: Is The Recession Affecting You?
Post by: jonny72 on Wednesday, January 20, 2010, 13:25:11
i'm finding it thoroughly frustrating lately - there isn't a lack of jobs, i'm just drowned out by a higher volume of better applicants. through a lack of qualifications and big gaps in my employment history due to illness, it all feels utterly hopeless.

Don't give up - I'm in a similar position. Trying to get a job back in IT but I don't have the certifications or recent experience that others have which makes it very difficult even getting an interview.

I finally got an interview the other day and it was a nightmare, I totally froze to the point where I couldn't understand the words coming out of their mouths and couldn't even remember my own name. First time that has ever happened to me, surprising as I normally interview really well. I haven't actually received the inevitable rejection email / phone call yet which is bizarre.


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Wednesday, January 20, 2010, 13:45:08
Hurray to Batch!


Title: Re: Is The Recession Affecting You?
Post by: pauld on Wednesday, January 20, 2010, 14:12:07
Batch, that's made my week. Dead chuffed for you.


Title: Re: Is The Recession Affecting You?
Post by: Sippo on Wednesday, January 20, 2010, 15:15:00
Do they send e-mails now to confirm/reject?

Thats not good practice surely?


Title: Re: Is The Recession Affecting You?
Post by: jonny72 on Wednesday, January 20, 2010, 15:19:30
Do they send e-mails now to confirm/reject?

Thats not good practice surely?

If you apply through an agency you're lucky if you get confirmation of them receiving the application, let alone a rejection if you aren't selected for interview. Some companies do it all through their website and email as well.


Title: Re: Is The Recession Affecting You?
Post by: DiV on Wednesday, January 20, 2010, 15:42:36
well done batch


Title: Re: Is The Recession Affecting You?
Post by: Bogus Dave on Wednesday, January 20, 2010, 15:43:40
woooo go batch!


Title: Re: Is The Recession Affecting You?
Post by: magicroundabout on Wednesday, January 20, 2010, 16:03:55
Excellent news Batch! Looks like things are picking up in the world of the TEF.

not really. just had a staff meeting that there will be roughly 20 redundancies in the midlands (we have two offices with a total of 60ish people) and i've been informed i'm in the pool to be made redundant. got to have an interview on friday to go through my role etc but redundancies will happen within two weeks and also close our other office in Litchfield and move people to Birmingham.

not looking good :(


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Wednesday, January 20, 2010, 16:06:07
Very, very happy for you, Batch.

Jonny - darkest part of the night immediately before the dawn etc.  I hope it works out for you soon.  Most of the economic indicators seem to be pointing in the right direction now, at last, so fingers crossed...the situation for anyone without a job now should hopefully be a little less daunting than it was 12 months ago.


Title: Re: Is The Recession Affecting You?
Post by: Phil_S on Wednesday, January 20, 2010, 16:29:35
Glad you're back in the saddle.

So are you confident on the outlook for the industry, Phil?  Personally, I'm wondering whether a period of stagnation (or even moderate falls) when it comes to house prices would be a good thing.  The market seems to be perking up at last, but the last thing we need is for another bubble to inflate and to go through the convulsions of the last few years all over again.  There are signs that the ultra-low interest rates of the last year (which I know have personally benefited from to the tune of £000s) may be doing just that.

The low interest rates are whats killing me! I have loads of customers who have come to the end of their deals & are now on the Standard Variable Rate.
My advice to them is generally that rates will eventually rise & to get on a fixed rates before then, but in the meantime stay where they are & benefit from the low rates & over pay the mortgage.
I also have a few first time buyers, who have been increasing their deposits as much as possible as the rates for them from the lenders with anything less than 15% deposit is crap. (Worst than they were in some cases than when the base rate was 5.5%). The reimposition of stampduty above £125 k won't help either.
So the business is there but in the meantime nobody is doing anything & I don't get paid until or unless they do !
As for the housing market I think a lot of what is keeping the prices up is the small number of houses actually on the market. Sellers are also reluctant to accept offers that are dramatically lower.



Title: Re: Is The Recession Affecting You?
Post by: Batch on Wednesday, January 20, 2010, 16:42:21
not really. just had a staff meeting that there will be roughly 20 redundancies in the midlands (we have two offices with a total of 60ish people) and i've been informed i'm in the pool to be made redundant. got to have an interview on friday to go through my role etc but redundancies will happen within two weeks and also close our other office in Litchfield and move people to Birmingham.

not looking good :(

Aagh shit, not good. Sorry to hear that.


Title: Re: Is The Recession Affecting You?
Post by: @MacPhlea on Wednesday, January 20, 2010, 18:34:31
Good luck triseros.

I appear to have stuffed my latest and best opportunity at interview stage since being made redundant. Shame as it looked interesting.

Makes me wonder if there is any point to job hunting anymore. Got to keep at it for the sake of the family.

Cheers mate, it's a scary world out there but have just had an offer of working in the US on a consultancy basis so have to decide between doing the pitch and earning stupid money... it's a tough choice...


Title: Re: Is The Recession Affecting You?
Post by: magicroundabout on Thursday, February 4, 2010, 14:02:30
well i'm being made redundant. got a letter this morning and having a meeting this afternoon to go through it etc.

Happy fucking days :(


Title: Re: Is The Recession Affecting You?
Post by: Jamiesfuturewife on Thursday, February 4, 2010, 14:31:03
Bad luck dude xx


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Thursday, February 4, 2010, 15:10:21
Hope things get better Magic...


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Thursday, February 4, 2010, 15:34:22
Sorr to hear that, magic.  Hope they give you reasonable redundancy terms (and therefore some breathing space).


Title: Re: Is The Recession Affecting You?
Post by: mexico red on Thursday, February 4, 2010, 17:02:30
Thats shit. Im having serious fucking pressure put on me at the moment, fuck the fact i fill the club every week, its not filling up til 1am and they want it full from 11.30. greedy cunts. Not sure how much longer I can piss around with these people. They took 8 fucking grand on the bar saturday but thats not enough!!!

Fuck the man.


Title: Re: Is The Recession Affecting You?
Post by: suttonred on Thursday, February 4, 2010, 17:18:39
I'm down in Brighton 19th,20th, got anything good on? I'm guarenteed to start early!


Title: Re: Is The Recession Affecting You?
Post by: tans on Thursday, February 4, 2010, 17:23:16
Thats tough Magic, sorry to hear that. Especially with little'un coming soon


Title: Re: Is The Recession Affecting You?
Post by: mexico red on Thursday, February 4, 2010, 17:27:47
I'm down in Brighton 19th,20th, got anything good on? I'm guarenteed to start early!

Come to my new club night on the 19th, you will love it, im even djing for a bit.


Title: Re: Is The Recession Affecting You?
Post by: Simon Pieman on Thursday, February 4, 2010, 17:28:17
Hard luck Magic, I have a mate who's got a kid on the way and will probably lose his job too. Hope you can sort something out.


Title: Re: Is The Recession Affecting You?
Post by: THE FLASH on Thursday, February 4, 2010, 17:57:40
Thats shit. Im having serious fucking pressure put on me at the moment, fuck the fact i fill the club every week, its not filling up til 1am and they want it full from 11.30. greedy cunts. Not sure how much longer I can piss around with these people. They took 8 fucking grand on the bar saturday but thats not enough!!!

Fuck the man.

My job was done by four people two years ago....i am bolloxed most of the time.

Things are hard and the bosses know it.........go on, turn the handle a couple more times...i love pressure!


Title: Re: Is The Recession Affecting You?
Post by: suttonred on Thursday, February 4, 2010, 18:00:36
Come to my new club night on the 19th, you will love it, im even djing for a bit.

PM me details when you get chance, i love a good heckle!


Title: Re: Is The Recession Affecting You?
Post by: Sussex on Thursday, February 4, 2010, 20:29:24
Shit news Magic. If they're not a complete bunch of cunts they should offer you some kind of help to get back on track (internally or with an outside company) with cv/letter writing, interview techniques etc.. Worth thinking about.


Title: Re: Is The Recession Affecting You?
Post by: magicroundabout on Thursday, February 4, 2010, 23:34:23
trouble is sussex they are a bunch of cunts. going to appeal against the decision and then take them to court for unfair dismissal.

lot of unfair crap flying around which stinks


Title: Re: Is The Recession Affecting You?
Post by: Doore on Saturday, February 6, 2010, 20:59:18
That's crap magic, I hope it works out well in the long-term for you.


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Friday, August 5, 2011, 11:50:47
Bump.

Hopefully this isn't going to develop in to another full blown recession, but signs aren't great at the moment.  All starting to feel a bit 2008 again....only this time governments everywhere have fewer options for sorting the mess out.

The Euro's on its last legs, I reckon.  Not good.


Title: Re: Is The Recession Affecting You?
Post by: Freddies Ferret on Friday, August 5, 2011, 11:54:29
All the signs are there, and its all looking very grim. Im feeling the pinch big time. Petrol prices have basically forced me to consider a move to Swindon!


Title: Re: Is The Recession Affecting You?
Post by: Reg Smeeton on Friday, August 5, 2011, 11:58:30
Bump.

Hopefully this isn't going to develop in to another full blown recession, but signs aren't great at the moment.  All starting to feel a bit 2008 again....only this time governments everywhere have fewer options for sorting the mess out.

The Euro's on its last legs, I reckon.  Not good.

The banker's recession never really went away. Historically such double dip recessions often presage some sort of global conflict....the Great War being a prime example.  Uncertain times.....


Title: Re: Is The Recession Affecting You?
Post by: ghanimah on Friday, August 5, 2011, 12:03:43
Bump.

Hopefully this isn't going to develop in to another full blown recession, but signs aren't great at the moment.  All starting to feel a bit 2008 again....only this time governments everywhere have fewer options for sorting the mess out.

The Euro's on its last legs, I reckon.  Not good.

Agreed, it's not looking good. The Euro has been on its last legs for a long time, begging to be put out of its misery. I suspect it will hang on for a while yet. The EU will do anything to prop it up regardless of the cost


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Friday, August 5, 2011, 12:33:59
I see Peston's already calling it Credit Crunch 2.


Title: Re: Is The Recession Affecting You?
Post by: Nemo on Friday, August 5, 2011, 12:46:47
Typical modern world, everything's a bloody sequel.


Title: Re: Is The Recession Affecting You?
Post by: london_red on Friday, August 5, 2011, 13:01:09
The Euro's on its last legs, I reckon.  Not good.

For my job I'm quite heavily involved in the european bond markets and there's a real fear at the moment that this could be curtains for the eurozone. Half the countries are on the verge of de facto bankruptcy and can't pay their debts with Germany footing huge amounts of the bill. Eventually the Germans will say enough is enough, the problem will be if it cripples their own economy first.

Although we're not part of the Euro, this would be pretty catastrophic over here as well.

Let's just hope it doesn't come to that.


Title: Re: Is The Recession Affecting You?
Post by: Don Rogers Shop on Friday, August 5, 2011, 13:52:57
Couldn't give a fuck we got a match tomorow.


Title: Re: Is The Recession Affecting You?
Post by: Arriba on Friday, August 5, 2011, 13:54:31
Mr mrs has had her work hours cut by a third. Bit of a bastard but not the end of the world.


Title: Re: Is The Recession Affecting You?
Post by: Huwwy on Friday, August 5, 2011, 13:57:51
Mr mrs has had her work hours cut by a third. Bit of a bastard but not the end of the world.

On the bright side there's more time for her to do the cleaning! ;)


Title: Re: Is The Recession Affecting You?
Post by: ghanimah on Friday, August 5, 2011, 14:39:43
For my job I'm quite heavily involved in the european bond markets and there's a real fear at the moment that this could be curtains for the eurozone. Half the countries are on the verge of de facto bankruptcy and can't pay their debts with Germany footing huge amounts of the bill. Eventually the Germans will say enough is enough, the problem will be if it cripples their own economy first.

Although we're not part of the Euro, this would be pretty catastrophic over here as well.

Let's just hope it doesn't come to that.


It will almost certainly come to that. There are no good options, those that exist are; full political union - no country will get away with that with their electorate, fiscal union - i.e. Germany funds the debt ridden countries (very unlikely the German taxpayers will agree to that for long), an orderly breakup of the Euro - extricate Greece, Portugal, Italy et al from the currency (EU officials will never agree to that) or what is happening now - the EU fudges the whole thing with bullshit in order to save face until the inevitable happens, and the longer it lasts the worst the consequences of the ultimate breakup will be.


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Friday, August 5, 2011, 14:43:10
...all of which was predicted at the time the Euro was first mooted.  But no - the European Project could not be halted.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Friday, August 5, 2011, 14:58:32
Even the BBC are running a "STOCK MARKET TURMOIL" live text feed. You'd think it was the end of the world.


Title: Re: Is The Recession Affecting You?
Post by: janaage on Friday, August 5, 2011, 18:26:54
The BBc are a flipping disgrace, listened to 5live earlier words such as 'panic, collapse, unprecedented' shouldn't be used when the markets are going through a correction, some say an electronic correction which is only occurring due to most of the experienced traders being on some beach in the south of France.

If I had the cash I'd be investing right now, probably on a regular basis to make use of pound cost averaging, great way of making money out of volatile prices.

We always knew recovery would be a bumpy ride. 

As for the Euro, I think the European resolve to save the currency shouldn't be under estimated, whether it will survive in the end is anyone's guess.  I have heard a rumour that all tills in France have a switch at the back that change the currency back to francs should the need occur.  Not sure how true that is though.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Friday, August 5, 2011, 18:39:15
The conditions are nowhere near as bad as 2008, yet the press would have us believe it is.

It's scaremongering. We had several clients ring in today asking what to do with their portfolios because they believe, because of the media, that they'll lose it all overnight.


Title: Re: Is The Recession Affecting You?
Post by: janaage on Friday, August 5, 2011, 18:45:21
My biggest pet hate is to advise anyone a financial adviser has to go through exam after exam, product test after product test, only talk about stuff he's qualified too etc.  All this on a 1:1 basis.

However Robert fucking Peston and the other BBC knobjockeys can indirectly advise thousands of people by writing articles in the press.  That cock Martin Lewis is another one 'invest in Icesave' he says, and when Icesave fucked up is he accountable for anything, no.

Ignoring the media is the best thing to do in these circumstances.  Think long term (unless you're coming up to retirement and have plans for the amount held in your plan now).


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Friday, August 5, 2011, 18:48:54
We sent an email out today telling clients not to panic and to ride it out etc. We actually considered calling it "Don't listen to Peston" :)


Title: Re: Is The Recession Affecting You?
Post by: Nemo on Friday, August 5, 2011, 18:52:30
I have a small investment in a few share funds, so I logged on about noon when the news really started going in to doomsday mode, expecting to see huge losses, and it was down about 3-4%. It's recovered a bit from there by now as well, so mass hysteria may have been a touch ott.

24 hour news has much to answer for.


Title: Re: Is The Recession Affecting You?
Post by: janaage on Friday, August 5, 2011, 18:55:43
You're not wrong Nemo, not matter the subject, news, sport, 24hrs blanket coverage is not good for the masses.


Title: Re: Is The Recession Affecting You?
Post by: iffy on Monday, August 8, 2011, 09:56:56
I have a small investment in a few share funds, so I logged on about noon when the news really started going in to doomsday mode, expecting to see huge losses, and it was down about 3-4%. It's recovered a bit from there by now as well, so mass hysteria may have been a touch ott.

24 hour news has much to answer for.

This is ridiculous. I don't think it's BBC News 24's fault that the Italian economy is run by a moron, that the Greeks don't pay their tax or that the ECB couldn't make a decision if their lives depended on it. In Europe, UK and the US, massive economic policy mistakes are being made on an almost daily basis.

It's like watching a very slow car crash. If anything, the UK media have been too distracted by phone-hacking to focus on this story.


Title: Re: Is The Recession Affecting You?
Post by: iffy on Monday, August 8, 2011, 09:59:04
The conditions are nowhere near as bad as 2008, yet the press would have us believe it is.

It's scaremongering. We had several clients ring in today asking what to do with their portfolios because they believe, because of the media, that they'll lose it all overnight.

It's not scaremongering. Worst case is a 1937-style bank crash, best case is a Japan-style 'lost decade'. Steering away from the markets is in no way a bad idea.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Monday, August 8, 2011, 10:15:41
So if you steer away from the money markets, what do you suggest? Sticking your savings under the mattress?


Title: Re: Is The Recession Affecting You?
Post by: @MacPhlea on Monday, August 8, 2011, 10:31:15
At the moment the economy is like a punctured dinghy being constantly inflated with loans and no-one looking to repair the puncture.  There will be some very poor euro countries whose interest on debt eats significantly into their GDP stifling growth for years to come - as iffy says a lost decade (at least) for the likes of Greece, Ireland, Italy and Portugal.

Surprisingly the UK could come out smelling quite sweet as UK bonds seems quite 'secure' (compared to others) and so are being bought up, putting money back into out coffers


Title: Re: Is The Recession Affecting You?
Post by: fittons_coaching_badge on Monday, August 8, 2011, 10:33:05
Just been told a load of us are been made redundant!

CUNTS!


Title: Re: Is The Recession Affecting You?
Post by: iffy on Monday, August 8, 2011, 10:48:50
So if you steer away from the money markets, what do you suggest? Sticking your savings under the mattress?

I genuinely think there aren't many places to confidently put your money. All the traditionally defensive stuff is overvalued IMO. On an earnings basis, corporate equities aren't unattractive, but the downside risk at the moment is horrible. Maybe Brazil? BP? God knows.


Title: Re: Is The Recession Affecting You?
Post by: nevillew on Monday, August 8, 2011, 12:16:23
So if you steer away from the money markets, what do you suggest? Sticking your savings under the mattress?

Pay down your (own) mortgage where at all possible, after that , anybody's guess


Title: Re: Is The Recession Affecting You?
Post by: @MacPhlea on Monday, August 8, 2011, 14:00:54
Pay down your (own) mortgage where at all possible, after that , anybody's guess
pay down your highest interest debts first (usually store/credit cards) then your mortgage.


Title: Re: Is The Recession Affecting You?
Post by: nevillew on Monday, August 8, 2011, 14:06:01
pay down your highest interest debts first (usually store/credit cards) then your mortgage.

Correct of course, I was working on the basis that people had surplus cash to use as Samdy was talking about investing/money markets.


Title: Re: Is The Recession Affecting You?
Post by: janaage on Monday, August 8, 2011, 19:29:36
I genuinely think there aren't many places to confidently put your money. All the traditionally defensive stuff is overvalued IMO. On an earnings basis, corporate equities aren't unattractive, but the downside risk at the moment is horrible. Maybe Brazil? BP? God knows.

You being serious?  When markets go down there is no better time to invest.  Outside UK, BRIC funds will still return well, as will a good quality India fund two name two regions to look at.  Truth is timing is the key to investing, and I'm waiting til I see the FTSE at a good (low) level and I'll be dipping my toe in definitely.  FTSE tracker could have made you 70%+ in three years during these days of 'crisis'.   At one point there was a nice 30% return in 6 months, fantastic stuff.

Just have to have big enough balls to place your bet - which is what investing is when you break it down.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Monday, August 8, 2011, 19:31:58
Phased investments over the next few weeks could see some pretty decent returns over the next year or so.

After Lehman in 2008, most funds did 30%+ over the next year.


Title: Re: Is The Recession Affecting You?
Post by: iffy on Monday, August 8, 2011, 19:37:10
You being serious?  When markets go down there is no better time to invest.  Outside UK, BRIC funds will still return well, as will a good quality India fund two name two regions to look at.  Truth is timing is the key to investing, and I'm waiting til I see the FTSE at a good (low) level and I'll be dipping my toe in definitely.  FTSE tracker could have made you 70%+ in three years during these days of 'crisis'.   At one point there was a nice 30% return in 6 months, fantastic stuff.

Just have to have big enough balls to place your bet - which is what investing is when you break it down.
[/quote]

What little I know about investing is that macho bollocks about having big balls is a short road to a big loss. there's so much hot money chasing yield there's no such thing as a bargain. I prefer solid fundamentals in both companies and markets, so I like US equities, Brazil, Africa and big European
industrials - but none of these things are cheap and i think the chances of a serious 1937 crash are very real. All just my opinion.


Just have to have big enough balls to place your bet - which is what investing is when you break it down.
[/quote]


Title: Re: Is The Recession Affecting You?
Post by: Batch on Monday, August 8, 2011, 19:38:19
Warning: Shares can go up as well as down.


Title: Re: Is The Recession Affecting You?
Post by: janaage on Monday, August 8, 2011, 19:53:55

What little I know about investing is that macho bollocks about having big balls is a short road to a big loss. there's so much hot money chasing yield there's no such thing as a bargain. I prefer solid fundamentals in both companies and markets, so I like US equities, Brazil, Africa and big European
industrials - but none of these things are cheap and i think the chances of a serious 1937 crash are very real. All just my opinion


Macho bollocks? No mate it's called attitude to risk (and loss). If you're willing to take a gamble and go 100% equities you've more chance of making a mint, if you're not willing (or brave enough) to pump it all into equities and want more security you're not going to get the maximum return. No macho bollocks there.

Like I say once the FTSE's goes down a bit more I'll be really tempted to get involved.

Pound cost averaging's ideal for volatile markets, like Samdy says, better return than a lump sum investment.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Monday, August 8, 2011, 20:05:29
I was listening to a market update from Invesco Perpetual today. All 3 fund managers on the panel were pretty unanimous in saying that things like this are cyclical, there are always troughs to go with the peaks and that there will be highs again in the future, followed by more inevitable crashes. It's just the nature of the beast.

The press (Peston) are quick to tell us when trillions have been wiped from money markets, but they're not so forward about reporting huge gains, which do happen.


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Monday, August 8, 2011, 20:20:16
The press (Peston) are quick to tell us when trillions have been wiped from money markets, but they're not so forward about reporting huge gains, which do happen.

True - but is that not because stock market gains (or rallies) tend to have a shallower gradient?  The FTSE 100 index has lost something like 15% of its value in 9 days of trading...and you'd be hard pushed to find a 15% gain over a similar period.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Monday, August 8, 2011, 20:22:44
I see what you mean.

I just really dislike Peston, as you can probably tell. :)


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Monday, August 8, 2011, 20:28:34
I'm with you, brother.  I've never quite worked out how he got the gig in the first place.  I don't find his analysis to be particularly perceptive, and he badly needs some media training.  He does, however, seem to be very well connected so gets to hear a lot of stories before the rest of the pack - which I guess is why the BBC value him.

Quote from: Ardiles
I've never quite worked out how he got the gig in the first place.

Maybe I've just answered that point myself?


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Monday, August 8, 2011, 20:42:35
He seems to think he's some macroeconomic genius who saw everything coming and can explain the root of all these financial troubles, when in reality he's plucking theories out of his arse.


Title: Re: Is The Recession Affecting You?
Post by: Ginginho on Monday, August 8, 2011, 21:06:48
Congratulations, Ardiles, I think you're the first poster to ever quote themself within the same post!


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Monday, August 8, 2011, 21:39:51
I'm a pioneer!


Title: Re: Is The Recession Affecting You?
Post by: london_red on Tuesday, August 9, 2011, 07:51:02
Referring to the points above (not about Peston) I think its all about timeframe.

If you're looking to make a quick buck over a sharp recovery in a few days/weeks/months then good luck to you. I for one won't be trying to pick the bottom.

However if you're looking to invest some money for the long term in some decent well capitalised companies there will certainly be some undervaluing as everything gets dragged down. If you scale in and don't get panicked if the stocks come off a bit more in the short term I'm sure there will be oppurtunities.

And if like iffy you think the markets are going to have a proper crash, buy gold.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Tuesday, August 9, 2011, 07:55:53
You've got the love the BBC. Within minutes of markets opening, they ran a headline on their website saying "European markets buoyant despite sharp falls in Asia". 10 minutes later the markets are down and they've changed it to "European shares continue to fall". It really makes sense to comment when there's been less than an hours trading  ::)


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Tuesday, August 9, 2011, 08:51:22
-270pts and counting so far. Going by the past few days, it's only going to get worse after 2pm when the Yanks get going.


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Tuesday, August 9, 2011, 09:01:44
This is a rout.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Tuesday, August 9, 2011, 15:23:41
Well that was a bit of a turnaround. -270 to +50.


Title: Re: Is The Recession Affecting You?
Post by: Ardiles on Tuesday, August 9, 2011, 15:27:14
It's all because Dave and Boris are back in the country.  Pics of these two looking tough and suited and determined next to burned out buildings in south London has calmed the hysteria.


Title: Re: Is The Recession Affecting You?
Post by: Nemo on Tuesday, August 9, 2011, 15:32:47
Well that was a bit of a turnaround. -270 to +50.

Someone made some serious money today.

Sadly, it wasn't me.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Tuesday, August 9, 2011, 15:48:28
Green! Lot's of lovely green!

http://www.bbc.co.uk/news/business/market_data/overview/


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Thursday, August 11, 2011, 15:33:54
I hope nobody jumped on the Sodastream revival.

-37% in half a day!

http://www.bbc.co.uk/news/business/market_data/shares/4/163734/intraday.stm


Title: Re: Is The Recession Affecting You?
Post by: nevillew on Friday, August 12, 2011, 08:27:05
I hope nobody jumped on the Sodastream revival.

-37% in half a day!

http://www.bbc.co.uk/news/business/market_data/shares/4/163734/intraday.stm

Not too bizzy with the fizzy.


Title: Re: Is The Recession Affecting You?
Post by: Amir on Friday, August 12, 2011, 08:34:29
I don't know if any of you invest on AIM, but they take more of a hit than the main markets in times like these.  I could have made a fortune recently if I had any spare cash, or I was willing to trade.


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Friday, August 12, 2011, 08:52:49
Oh yes, serious gains to be made if you know what you're doing.

If you want to play that game then you're best off sticking your cash in an AIM tracker and let a fund manager worry about it all.


Title: Re: Is The Recession Affecting You?
Post by: Gethimout on Friday, August 12, 2011, 10:00:13
I don't know if any of you invest on AIM, but they take more of a hit than the main markets in times like these.  I could have made a fortune recently if I had any spare cash, or I was willing to trade.

How does all this work? Is it pretty simple to invest?


Title: Re: Is The Recession Affecting You?
Post by: Samdy Gray on Friday, August 12, 2011, 10:13:23
AIM is just an index, like the FTSE but for smaller companies. You don't invest in AIM, you would buy shares in companies that make up the AIM index. Dealing in shares directly, especially in small cap companies, is not something you want to take lightly if you don't know what you're doing. There is a huge amount of risk.

If you're having to ask how it works, then I wouldn't say it's simple. If you really want to be buying & selling shares then you'll need a stockbroker. If you're not dealing in large amounts then broker fees and commissions can be pretty high.

If you're just looking to speculate on shares and are prepared to risk a bit of money, go open an account with Barclays Stockbrokers or the like and dabble in some 1p shares.


Title: Re: Is The Recession Affecting You?
Post by: LucienSanchez on Friday, August 12, 2011, 10:22:05
I thought about shares once upon a time since savings rates were so bad, but it all seemed a bit complicated/hard for my stupid head. So i put a chunk of my savings in Funding Circle where i'm currently receiving a yield of 8.4% - bit better than your usual ISA etc.


Title: Re: Is The Recession Affecting You?
Post by: Amir on Friday, August 12, 2011, 13:22:07
AIM is just an index, like the FTSE but for smaller companies. You don't invest in AIM, you would buy shares in companies that make up the AIM index. Dealing in shares directly, especially in small cap companies, is not something you want to take lightly if you don't know what you're doing. There is a huge amount of risk.

If you're having to ask how it works, then I wouldn't say it's simple. If you really want to be buying & selling shares then you'll need a stockbroker. If you're not dealing in large amounts then broker fees and commissions can be pretty high.

If you're just looking to speculate on shares and are prepared to risk a bit of money, go open an account with Barclays Stockbrokers or the like and dabble in some 1p shares.


What Sam said.  Alternative Inverstment Market(AIM) shares are more volatile than most, so you can make a huge amount of money if you are properly researched in a company, and more importantly you get your timing right.  

For example my main holding is in BLNX, which went from a high in May of £1.55 to 82p about a week ago because of the general market conditions, and manipulation(something that is extremely rife on AIM).  If I'd have had the money spare I'd have bought more in the low 80's, as although I'm an investor rather than a trader, sometimes it is very tempting to trade around the edges.  It's now trading at around a pound, so that shows what you can make in a week if you know what you are doing and as always to a certain degree, are lucky.


Title: Re: Is The Recession Affecting You?
Post by: Gethimout on Friday, August 12, 2011, 15:15:03
Thank you for the info. I se what you mean, it's high risk. How did you get into Amir? I wouldn't mind doing something like this but can imagine it takes some know how, research and a set of big bollocks.


Title: Re: Is The Recession Affecting You?
Post by: Mark Hanrahan on Friday, August 12, 2011, 21:00:42
My brother in law warned me that the recession will make pretty much everyone work twice as hard for the same money. He was spot on if not all too positive. Still, we drive on in the hope of brighter horizons... And those of us with half an ounce of self respect don't use it as an excuse to throw bricks at police, shops and other inanimate objects.


Title: Re: Is The Recession Affecting You?
Post by: marvinTPA on Friday, August 12, 2011, 23:05:29
being a window cleaner ,it is alot of hard work , luckily i can rely on stealing money from retarded ( or the politically correct phrasing  , demented )  old  women   from oxford of which there is alot , so good times ahead.