The economy

Britain's fallen star

Feb 12th 2009 | LONDON AND SWINDON
From The Economist print edition

The news goes from bad to ghastly. How awful are Britain’s economic prospects?

The article talks about Britain's recession. The British economy had appeared to be a well-run economy, expanding steadily for 16 years without inflationary strains, now looks a Heath Robinson affair. The recession was fuelled by debt both public and private and involved a star role for City bankers currently vilified for their excesses. Gordon Brown’s boast of ending boom and bust has returned to haunt the prime minister. The recession has led to people being laid off work because the companies cannot afford to keep their employees. Employees are now wondering what to do without their jobs.

Seasonal Unemployment

Now that Britain is in a recession and employees are being laid off with nothing to do. The employees should look for part-time jobs that will give them a source of income. Even thought you get a job in a field that does not interest you, you hold onto it before you find a new job in your field of interest. This will help you create a network and will add to your list of references. This will also show you interviewer that you are hard working. Even when you do not like the job you are considering, apply and get an interview. You should make sure that you dress and have the same attitude as one that you would have when you are going to an interview of a job that is of interest to you. This might lead you to a job of your dreams in the same company if you prove to be a good employee. 

Roaming charges are like Robin Hood, says Syed Kamall

Thursday, 11th January 2007

 

The article talks about Mr Syed Kamall member of the European Parliament of London and his response to “Brussels, 11th January 2007 High prices for the rich have offset mobile phone costs for the man”  on the increasing roaming fees that that are being applied on top of the high priced telephone charges. He says that the roaming fees should not be applied because the telephone companies are targeting the rich people who will have to pay for those roaming fees since they are the only ones that travel around the world for pleasure and business trips. The telephone companies have forgotten the unintended consequences of applying roaming fees will cause to the consumers with lower incomes.

 

 

 

 

 Unintended Effects.

The application of roaming charges will send the telephone bills to the rooftop. The new roaming charges which were targeting the rich are now affecting the low incomers and will soon be unable to pay for their phone bills. The telephone companies should lower the roaming charges. Understanding that the telephone companies were targeting wealthy people who travel for leisure and business will also affect other telephone users. The telephone plans keep getting more expensive for people to afford, the addition on the roaming fees to telephone charges will be too much for people with low incomes. The telephone companies do not seem to have thought about the effect of the  roaming fees on their other users. Rumors has it that the price for telephone plans is going to increase more which will make the telephone companies lose potential customer who were paying for the phone at high prices. The telephone companies should find other ways to make the wealthy pay higher charges without affects their other customers.