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jim_h
Junior Member
United Kingdom
219 Posts |
 Posted - 06 December 2008 : 15:44:25
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| the company i work for was making two million pound profit three months ago working seven days a week now on four day week making 600000 loss we make parts for truck engines 1800 jobs lost this week in gloucestershire i have never known it this bad and i have been through the last two recessions everyone seems to be struggling what to others think |
Edited by - jim_h on 06 December 2008 15:45:25 |
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JulianDonnelly
Junior Member
United Kingdom
325 Posts |
Posted - 06 December 2008 : 15:48:35
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Hi Jim,
Personally, I think we're looking at the worst downturn since the great depression. Unfortunately, I think things are likely to get worse before they get better.
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367 |
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Needafriend
Junior Member
United Kingdom
344 Posts |
Posted - 06 December 2008 : 15:52:38
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Hi Jim
I totally agree with you, we are all in the same boat and i dont mean with the bankruptcy either.
No job is safe anymore, i m just glad that i did the deed when i did as one of our other companies that had a debt of ours has now gone into administration and thats Robinson way part of London Scottish so it just goes to show its everywhere.
My biggest worry is the fuel bills, i will have about a £350 gas bill in jan but i refuse to turn it off as i have 3 kiddies and i have turned it down but still seeing as they keep hiking up the prices its goes up and up.
I dont really remember the last one, but my feeling is this is much, much worse than those.
Jo
x
17 Weeks down 
35 to go 
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:
Needafriend's Info on Bankruptcy :-)
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
Needafriend says: Live life to the full, take life by the horns and live a little, otherwise life would be so boring!
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RHB
Senior Member
1159 Posts |
Posted - 06 December 2008 : 16:01:55
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| Interst rates are 2% in the 80's they were 15%, in the 80's over 3 million were unepmloyed we haven't reached that yet & hopefully we won't. |
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JulianDonnelly
Junior Member
United Kingdom
325 Posts |
Posted - 06 December 2008 : 16:07:57
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Hi RHB,
Unfortunately, I think it's inevitable we will.
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367 |
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Needafriend
Junior Member
United Kingdom
344 Posts |
Posted - 06 December 2008 : 16:12:09
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Hi i agree Julian,
Unemployment will get worse before it will get any better, i just hope that we dont have to be one of those numbers, the company that my OH works for are starting to see job loses so fingers crossed if not we will have to rethink everything.
Its a scary time for all, i thought going BR would be scary but what is going on within the economy is far, far more scary :-(
LOL
Jo
x
17 Weeks down
35 to go
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:
Needafriend's Info on Bankruptcy :-)
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
Needafriend says: Live life to the full, take life by the horns and live a little, otherwise life would be so boring!
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the economy
