The Credit Crunch/Recession

[thebhoymalone]

Has anyone been affected much yet by inflated prices or finding it harder to get a job? I have fairly noticed the difference when filling up my car, nearly an extra ten pound Some financial experts are claiming its going to get a lot worse before it gets better, with 2010 being the year things could start looking up again. I have no clue about the economy or business-related stuff but i'm sure a few on here know whats going on

[MartyC]

2bh i stopped driving 10 years ago and when i was petrol was 59p a litre in places, now its 1.20 odd. makes me glad i dont have to pay that anymore.

i dont know much about the price of food going up cos as far as i remember things were never that cheap in this country until asda got bought by wal-mart and the price wars begun. surely it cant be as bad as it was before that?

[Feed the bear]

Originally Posted by MartyC

2bh i stopped driving 10 years ago and when i was petrol was 59p a litre in places, now its 1.20 odd. makes me glad i dont have to pay that anymore.

i dont know much about the price of food going up cos as far as i remember things were never that cheap in this country until asda got bought by wal-mart and the price wars begun. surely it cant be as bad as it was before that?

Price wars are pretty fictional to be honest mate, price fixing however is endemic among the major chains and they've been caught a few times. The bargains you think you're getting are offset by the profits on other items the majors fix the price of.

Regarding the credit crisis, it's actually helping the company I work for as more and more UK and European clients are coming to us as our labour costs are far cheaper than the UK, plus (and this is fact) in general UK and European companies are pretty lazy. I've had clients telling me they've waited up to a month from UK companies to even quote them on stuff I make sure comes back to the client within 48hrs. Our order book is full to the point we're now interviewing for 4 new welders and a mechanical engineer.

I honestly don't have any sympathy for companies who are slack with their clients and then sit back and moan because they don't get enough orders. There's plenty of contracts floating about in my line of work but if you don't go out and fight for them they'll not drop on your lap. We've increased our UK market share by 3% in the last 4 months and out EU market share by 7%. Not bad for a company only employing 60 odd people.

[Fancy Pants]

80p for a CAN OF COKE out of a wee shop today ffs i almost died