Archive for October, 2009
How to protect your employment possibilities
The current controversy surrounding rumours of Government expenditure cuts hit new heights this week with the Prime Minister himself responding to speculation and indicating that indeed there will need to be cost savings – and sizeable cost savings at that – in a bid to eat into the multi billion pound public deficit. The numbers make for grim reading with the UK monthly budget deficit in August soaring to £16bn with public sector net debt at £804.8bn, equivalent to 57.5% of gross domestic product. Disappointing returns in light of recent figures that were showing a slow down in unemployment and increasing consumer confidence as the Government seeks to manoeuvre the economy out of recession and back towards stability and growth. Read the rest of this entry »
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