Friday, June 08, 2018

UK Not in a recession! Yeah right

Apparently, the UK is not in a recession

18/05/2018

It's just that so  many more people are losing their jobs or not having a pay rise

The UK government insists everything is going well, unemployment is down, etc, but that’s because benefits are reduced so many claiming benefits are having to work 16 hours a week, so technically not unemployed

Maybe the economy is going well for the government's, like China etc but when repossessions are at an all-time high, it's not good for the ordinary working family, just good for the government - we will all be working for a bowl of rice a day, and so low unemployment and quality of life

I'm sorry, I don't buy this propaganda, House repossessions at an all-time high; Debenhams profit down 85%, BHS bust, ToysRus bust, Carillion bust, etc etc etc, even the million pound drop with Davina McCall is now the 100K drop



This week Mothercare to close branches, losing about 800 jobs
Police shortage
hospital waiting lists at an all-time high

updated 24 May 2018 M&S is to close 100 stores, including their flagship in Northampton

UK 🇬🇧 NHS 🏥£1 billion in deficit and so households 🏡 will need to pay up to £2000 extra tax a year

updated 8 June 2018 House Of Frazer is to close 31 high street stores with the loss of 6000 jobs

I also think I am about to close one of my UK companies, trading for over 35 years as CEO 

Updated 14th June, Rolls-Royce announced that its cutting 4,500 management and support jobs, mostly in the UK 🇬🇧 

On a positive note, MP's wages are up

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