Peston's blog touches on the the sickness prevalent in corporate Britain. He notes that quite a lot of small to medium companies are in better positions - financially - than the bigger corporations. I can agree with that, I was just two years ago in one of those small businesses. In the good times, the Banks have not been falling over themselves to help small businesses - despite their advertising - and many of the businesses have learnt to look after themselves.
Read More ..."If you're black you ran the risk of getting deposited into a box marked and sellotaped for track and field and entertainment and crime and jail and self-doubt and shame."
Read More ...Well, you could have knocked me over sideways - The administrators of the UK and European arm of bankrupt investment bank Lehman Brothers are making better money than the bankers. [See Lehman's administrators paid more than the bankers]
Read More ...This storyline has been sitting in my drafts for a while now - actually since this Employers predict redundancy rise news story ran. This was after my comments made on my post Talking up a 'Recession' Storm?. In the last few days, Virgin Media said it plans to cut 2,200 jobs by 2012, while hundreds of jobs are going at the pharmaceutical company GlaxoSmithKline, as well as at the Yellow Pages directories firm, Yell. Today, we hear BT joins in the employee purge, see BT to shed 10,000 jobs by March.
Read More ...I came across this blog entry The Reason Obamaism Won't Last - in the middle of the euphoria of Obama's election as the president of the USA. Whilst I have my own reservations about the elation of this momentous occasion, I still recognised the significance of this election.
Read More ...Well strike me sideways, I personally thought Obama would not do it, Privately I thought this would be high turn-out at the last minute - of the people that the pollsters will not have expected to vote - to ensure he did not win. So far he is only 4% ahead in the popular vote but the job has been done.
Read More ...Not only have we thrown billions at them to save them from their own greed, we now have to ask the greedy so and sos to pass interest rates back to us. Is something wrong here?
Read More ...Well now if you happen to be an employee of Virgin or BA, here's a hint as to how to get promotion. Put nice comments on 'Facebook' and 'My Space' sites about your employers. I think you may have to exaggerate to rise above the niceness they ooze out of the marketing departments but you are sure to be noticed NOT!
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