The true cost of the economic crisis

Thursday, October 29, 2009
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Unemployed Worker.jpgA business I worked for up until August has gone into administration. The downturn seemed to hit them hard and cashflow became a problem. Credit streams were harder to access and the tax man came knocking; and from a highly visible and successful company with a multi million pound turnover to administration in a few months.

Although they had already begun to make redundancies the process of administration, as the administrators try to sell the business, will leave many more unemployed.

“How to Get a Job in a Recession” (Denise Taylor)

I heard the striking post workers comapred to the miners the other day, and a postal worker talking of how his job has been downgraded and if the Royal Mail management get their way there will be more part time workers and the wage will not support a family. The Royal mail is to me symtomatic of much of our problems here in the UK. We dont have enough business managers who can think outside the box, are well tained and qualified, have imagination and can see ahead and be proactive. Why on earth didn’t the Royal mail invest in modern technology, in email systems and othe modern communications, why didn’t it diversify? Yes they have attempted to modernise their industry but its liek modernising a horse when everyone is using those new fangled auto mobiles (motor cars).

So the many of the people who worked at my old company are looking for work, the worry, the anxiety, the fear is what this crisis is all about. No political Party can promise us more than Blood Toil and Sweat, I will be voting for the one that best allays the fears and the tears.

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Tags: administration, business, Denise Taylor, downturn, economic, Job, Mail, mail management, motor cars, Royal, royal mail, striking post, UK

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