Brown turns round the economy

[DimPrawn]

http://news.bbc.co.uk/1/hi/business/8346170.stm

A record number of people were declared insolvent in England and Wales in the third quarter of 2009, according to figures from the Insolvency Service.

There were 35,242 personal insolvencies, up 28% from the same period last year and an increase of 6.6% on the previous three months.

This extended the record number which was reported earlier this year.


http://news.bbc.co.uk/1/hi/business/8345912.stm

British Airways says it plans to cut a further 1,200 jobs after reporting a first-half loss for the first time.

The job loss announcement means the airline will have shed a total of 4,900 positions by March 2010.


http://news.bbc.co.uk/1/hi/business/8345922.stm

Royal Bank of Scotland Group, which is majority-owned by taxpayers, has reported a pre-tax loss of £2.2bn for the July to September period.

It compares with a profit of £1.9bn in the same period last year.

RBS has written off another £3.3bn in bad debts and other bad investments, which is down from the £4.7bn it wrote off in the previous three months.

http://news.bbc.co.uk/1/hi/business/8345384.stm

A total of 373 stores are to close at off licence group First Quench, with the loss of 1,738 jobs, the firm's administrators KPMG have announced.

KPMG said the closures will affect all six of the firm's brands - Threshers, Wine Rack, The Local, Haddows, Bottoms Up and Victoria Wine.



Still it's not all bad news, there's five buyers for every house on sale in the UK, so...

[DiscoStu]

Have faith, Gordon will save us.

(Until he gets kicked out on his sorry ass some time next year.)

[Andy2]

so much doom
DP you are in top form today

[TimberWolf]

When is is going to go bang FFS? I'd prefer that than a slow decline that lasts decades. Not that each are mutually exclusive of course.

[AtW]

When is is going to go bang FFS? I'd prefer that than a slow decline that lasts decades. Not that each are mutually exclusive of course.

Often it's a bang, then slow decline that lasts decades...

[TimberWolf]

Syphilis is a bitch.

Her sister is up for a bit though.

[RichardCranium]

Brown turns round the economy...

... pulls down its kecks and shoves a pineapple up its arse. Then he steals its wallet and gives the contents to the bankers.

He then pulls off his rubber mask to reveal his skaven rat's head and he scuttles off down the nearest sewer giggling and wetting himself and dropping little ratty turds all the way.

[Doggy Styles]

... pulls down its kecks and shoves a pineapple up its arse. Then he steals its wallet and gives the contents to the bankers.

He then pulls off his rubber mask to reveal his skaven rat's head and he scuttles off down the nearest sewer giggling and wetting himself and dropping little ratty turds all the way.

Exactly the same scenario crossed my mind too. Except it was a pig's head and the turds were bigger.