I decided that i would take Elaine out tonight for an Indian as we have not been out at night over the xmas period to date. However what i did not expect today was two of the biggest restaurants near to me jammed packed and folks waiting so what Recession have you noticed the same?
People have been shooting and stabbing eachother in the sales queues this year in order to spend their money first, so I'm with you on this one!
for the last 4 months I've noticed business has got sooooo much better - I think a lot of this is just scaremongering media dicks with nothing else to write about. I WISH they would make more of a deal out of the positives.. like last week, UK growth was way above expectation but it failed to even make the main page of the BBC website! Bad news sells. Sure, its not the best economic outlook we have ever had, but I think Britain is better placed than it is portrayed in the media.
No shit. I saw this arsehole being interviewed last month, CEO of some international trading company. 'Business has suffered terribly in Q3 of this year and we are expecting a dismal Christmas trading period'. The statement wiped 7% off his company's stock values overnight. Not the inability of his company to perform. Just his statement of his lack of confidence in them doing so. Now I'm no economic analyst, but I can't help but feel he talked himself into that little 'slump' with no help, whatsoever from world trends. What would it have hurt to say that despite the trials of Q3, we are optimistic going into year end'. How much more of the recession can be tied down to knee jerk reactions to ill informed statements and out of context media reporting?
The cynical side of me says that the 'recession' is over used as an excuse for not doing shit, not paying people and making redundancies. Yes, it is a real threat but it can be a convenient and acceptable reason for unpopular decisions. Also, people make money out of shares falling, as well as rising.
I work in construction for a major firm and it's real!! I'm currently working the public sector and it's a brutal world to live in. Less work and everyone is scrapping over it. We are bidding jobs on negative margines to keep people employed and using our own money we have earned over the last five years to fund them. People I know have lost their jobs... And I'm forced to make commercial choices which potentially and does put people out of business, to protect my own. It's not a nice place to be! Yes I'm still earning the same, and things are cheap to buy, but everyone is looking over their shoulder!! But some people seem to think it'll never effect them. Naive if you ask me For the next three years it'll only get worse.
Yeah its definitely affecting businesses in my area . December has been shocking this year . I put 74 grand through my till last december , This year i have only put 27 grand . As a store we have not done half what we did last year
It's real and will last into next year and beyond, I don't think it's as bad as is reported though. CEO's tend to know what they are doing, maybe he wanted to push the price of the company shares down prior to buying a load of them before releasing great results in Q1 of next year and pushing the shares right up... Businesses are definitely using the situation for their own good, I guess that's business for you though!
Just right and the fecking Media love to blow everything out of proportion. And worry people in to buying stuff on their credit cards etc.... I feel many of the people in the Uk need to learn to not borrow so much and only spend what they have. if they don't have enough then save. I never borrow money, yes I use a Credit card but always pay off what I buy. IE if I don't have the cash to pay for something before I put it on on my card in the bank/savings I don't buy it and breath. The media needs a good kick in and with the hacking scandal I do hope something changes
Jesus, that's some drop in takings. Good luck for 2012. The charity i work for has already taken a 4% cut in funding from the commisioners with another 3-4% expected this year, tough times for social care too.
Across the whole of EMEA, I was out of the box showing strong growth for Q1, Q2, flat in Q3, and my business is down 30% in Q4 (usually my 2nd strongest quarter). My revenue target for 2012 is going up 125%. I'll do roughly the same revenue as this year (flat is the new growth), but will earn 25% less overall. I'm currently looking for a new job. However, I have mates that are destroying their numbers & making a fortune, so think the issue is with my specific niche of IT security.
Yup the recession must be biting in Wakefield as i have been called out because some arsehole has yet again broke into the site they have managed to break into the steel shipping container and nick all of £30.00 quids worth of brick tie wires and forced the shutters to the mess room break a window and nick jack shit. Don't need this every week another 130 miles of traffic just to sort it out .Getting back to the thread a friend tells me that there are queues of people outside shops in the Trafford centre just trying to get in (boring).
I'm down 11% in sales but up 18% in profit year on year.Vat bill has gone up per quarter so the profits are there.I hate vat bills! The car parts and accessories are way down 33% but the cycle parts/repairs has gone up 30%.Looks like the cycles will eventually take over.Paint has been steady just up 5% but there was an increase in stock prices this year.Overall I'm pleased and hopefully I can pull more in by bringing in new lines Eyeing up motorbike paint and oils .So castrol may get the nod even though I don't like the way they do business.
