Tag: Unemployment

Barclays Sheds Another 2100 Jobs (Including Mine)

In response to market conditions Barclays shed another 2100 jobs today The economic recession just got a bit more real for me, as my job was one of the ones to go as Barclays Global Investors reigned back their development activities in the UK. A couple of weeks ago I had been sure my job […]

January 14, 2009 | 1 Comment More

Recession Hits US Jobs Hard

Evidence of the recession hitting hard in the US was seen through the latest unemployment figures which show the biggest loss in jobs since the end of the Second World War, some 2.6 million jobs in 2008 Obama’s response is a Keynesian one: operating contrary to the downward market; the new US government will borrow […]

January 9, 2009 | 0 Comments More

Old China Is Broke – Wedgewood Bites The Dust

Today saw Waterford Wedgwood call in the administrators, Deloitte. Wedgwood is a traditional name in fine bone china dating back to 1759. Waterford Crystal acquired Wedgwood in 1986 and then Royal Doulton in 2005. I own a number of Royal Doulton ladies. On my wedding I was given some beautiful Waterford Crystal glasses. I expect […]

January 6, 2009 | 0 Comments More