Wednesday, 31 December 2008

Yet another disappointment...

It comes to no surprise that we are starting another new year with yet another disappointment. 2008 brings its bad luck into 2009 with Woolworths alongside a string of other retailers closing down. For over 90 years the store has served a great purpose within small communities and cities across the country.

The seriousness of the economy hit home to me when I saw hoards of people crowding the shop with a motive to bag a bargain. Many left with shelving and bags of black bin liners full of discounted purchases. I bought a newly released album for just £1.50 and a stack of chocolate that came to £3. It's scary to think that this is only a small snap shot of people who have lost their jobs. It was reported yesterday in The Sun that 1 in 10 workers will be unemployed by April, which if my Maths is correct works out at 3,000,000 people. Of course, this doesnt take into account employers of small businesses.

I don't pay much attention to the state of the ecomony but our future looks gloomy. More homes are being re-possessed, the price of food and drink is still sky high and recent figures show the pound is 98 p to 1 euro. The only good thing is the price of petrol and diesel has dropped to the price it was in 2004 and mortgage rates have dropped too.

I seriously hope that the Government takes productive action to make Britain a better place. The attrocity of the economy will have a knock on affect with tourists coming to the country in the summer time, and over all the immigration percentage will soar as Britons know they will stand a better standard of living elsewhere.

Hopefully 2009 will bring us some luck!

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