UK In Recession - It's Official

UK officially suffering worst recession since 1980 , a bet the swans are scared!!!

telegraph.co.uk/finance/financetopics/recession/4321888/UK-recession-Its-now-officially-the-worst-since-1980.html

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I bet it's not true. This is just another excuse for brits for being inhospitable. ;)

- Oh, I would invite you for a nice cup of tea but you know, it's recession. Bye.

Tea is fine, as long as you know that the economy tea bag has been used several times and there is no chance of a biscuit! ;0) Oh and don't take your coat off because they wont have the heating on!

Actually it's quite serious considering over 2 million people are out of work, I've got 2 friends that have lot their jobs, one is a solicitor and the other is a financial advisor - not good.

I'm interesting to know what the media in Poland are saying about the financial crisis?

oh its true ok..but this is what you get for shoving your head so far up americas arse and standing shoulder to shoulder with criminals like bush who have taken the uk to war on 2 fronts.bush and blair have left office,made millions,and left both countries in the sewer.

You work for the British state. You work for and take payment from your enemy. Isnt that 'haram'?

I can wait for his excuse ;0)

But what he was saying was that....bush and blair did alot of damage.... but i guess thats quite true!


how r' u :)

And irrelevant to the thread. However his hypocrisy is relevant to the point he was failing to make.

inhospitable :(
Two million Poles have arrived in Britain since EU borders were thrown open .

Two million... where did you get those figures you old krowa :)

let say that there is more poles in uk than in Warsaw.
i dont think this is inhospitable :)

what you on today?coke?i am working,paying my taxes why is that haram?do you even know what haram means?

Taking payment for work from, in your eyes, enemies of Islam. Paying your taxes to, in your eyes, the enemies of Islam. Taxes used in military exploits in Muslim countries.

The best thing you can do is be optimistic. If there is a recession (which there is mostly because too many people are prone to negativity), people with ideas, innovation, dedication and optimism will pull through. We're doomed!

lol :-)

If anybody mentions the R word they should pay a fine into the communal drinking kitty. Fines will increase exponentially during the day. This will promote optimism and also give me some peace and quiet to finish this report on how my supplier may be going bust as a result of the Recession...

Doh - 50p in.

Even when trying to be optimistic, some people only think of what they don't want to happen. This is just not good enough. I am still hoping to buy a new yacht in the next year or so.

there are 2 types of people in the world - those that see problems and those that see solutions

the question is, do you give a sh!t

The time has come for each and every one of you to decide whether you're gonna to be the problem or whether you're gonna be the solution... kick out the jams...

I might get a hovercraft as well as a yacht. I've always fancied a hovercraft.

never eat too much chocolate is a good philosophy to follow in life

so is you can never have too much of a good thing

You're right, it is very serious.

I recently changed jobs (I work in banking) and where I used to work, they're making people redundant. I was very lucky to move when I did.

I now work in debt management and have to deal with people that are way over their overdraft limits, can't pay their loans, mortgages and credit cards. It's not nice as you can imagine.

The sad thing is that most of the people that are struggling with credit cards etc never had the means in the first place to maintain payments. Banks have been throwing money at people for years and the debt on their books is mainly of their own making.

What staggers me on a daily basis is the number of people from countries like Poland that owe so much money and are in way over their heads. The bank I work for have even had to hire people for their foreign language skills - that's how serious the problem is.

I'd also be interested to know how the British recession is being covered in the Polish media and also what is the attitude of the Polish to debt ?

Recession?
Never heard of that.
I don't have a time to read a news since I've lost my job, my house,my car, my gf and my dog...

But hey! Always look on the bright side of life...;-D

Thoughts anyone ?

Its no so easy to be granted bank loans in Poland, banks are generally quite thorough with their lending criteria. Most Poles that i know who are in debt, owe the loan sharks. You have the A4 sheets posted on every street corner with their little slips you pull off at the bottom. Very tempting for poor people.

Polish media are exagerating the crisis in the UK.

It is being tentatively covered. I had a discussion this morning about contingency planning in the field of publishing.

I agree with WB, the Polish media has blown it out of all proportion. The truth is that only those firms with direct dealings with foreign companies have been affected in a meaningful/tangible way. Others are aware of an impending 'mini-crisis' but Poland hasn't been part of international trade networks like America has for so many decades.

It has been used as an excuse to lay off workers and streamline companies. It's just another pretext.

The UK is being harder hit. However, some lines of work remain relatively unaffected.

Why would they exaggerate ? To try and stop people from coming here to work ?

And while the Polish (and other foreign nationals) I've spoken to recently may not be in debt to loan sharks, a frightening amount are going for IVAs and even considering bankruptcy.


What affect are they saying it will have on the Polish currently working here ?