Reply to: State of the Market

[eek]

Are you saying that the BBC invented the Bank of England reducing interest rates by a quarter of a percent?

What announcements of interest rate increases are you talking about?

Mortgage rates are up as the 5 year gilt price has risen

[SussexSeagull]

The fact the source is the BBC is laughable enough but even if it wasn't, that article is 6 days old and predates the recent bank rate increase announcements.

Are you saying that the BBC invented the Bank of England reducing interest rates by a quarter of a percent?

What announcements of interest rate increases are you talking about?

[oliverson]

We all need to start the initiation of Plan B. For me that's a brains out perm job at 50k - 100% remote (i.e from a beach in the sun)

Some plan B!

As for the beach in the sun thing, that's a fantasy. Take it from me who's been doing it for a few years now, some of the year, and talking of sunshine! Malaga province, where I currently am.

https://www.surinenglish.com/malaga/...161044-ga.html

This is the second battering we've had in just a few weeks. No, over the next fortnight or so, they'll be back down on the beach with the workers and heavy machinery, clawing up all the cr4p that's been washed down from the mountains.

Not saying it's bad out here, but this whole 'beach in the sun' thing is a total fallacy, from a work perspective.

[oliverson]

I must have imagined this then.

https://www.bbc.co.uk/news/business-57764601

The fact the source is the BBC is laughable enough but even if it wasn't, that article is 6 days old and predates the recent bank rate increase announcements.

[coolhandluke]

We all need to start the initiation of Plan B. For me that's a brains out perm job at 50k - 100% remote (i.e from a beach in the sun)

[simes]

Had my random monthly call from a random agent via LinkedIn Friday. This only to continue the theme of witless agents further to my previous story around 'bias'.

"You seem a good fit for this role. If of interest, could you send your CV and some times today when I can give you a call."
"Herewith a CV. I am available between Now and 4pm."
"Lovely, I will call you between 5 and 6"
"No. As above, I am not available after 4. Saturday to Wednesday, I am free all days."

Silence...

Monday;

"Do you want to try this again?"
"The job has been put on hold."

[Snooky]

Seen a job advertised at £500 per day on LI, agent then came back and said oh it’s £400 now or FTC £70k …is day rate better? They won’t do perm just £400 or £70k …not to say I’ll even get a look in …I’m thing day rate is better. Any thoughts??

They won't do perm because the client manager doesn't have the budget for a perm headcount, I expect. Sometimes this is just because they only expect to need an extra person for a limited time, but it could well be that if that person proves themselves to be valuable, headcount budget will appear and the FTC could become a permanent role - if that's what you want.

[SussexSeagull]

Its not close because even though the polls are neck and neck, because its an Electoral College the Democrats need to win by 3%+ points to stand any chance of winning the EC. Clinton won the popular vote by 2.1% but failed to win the EC , Biden won by 4.5% and so was able to win the EC.

The Democrats are now left hoping the Polls are underestimating Harris support by 3%. And she is really 3% ahead of Trump and the polls just are not showing it.

I guess you're loving the major banks raising their interest rates as a consequence of the recent budget? That's definitely going to fix the market, going to help people with their mortgages, etc. Bit like the increase in Employers NI. Redundancies, offshoring and stagnation here we come. Enjoy, mine's another Sangria Manuel. Por favor.

I must have imagined this then.

https://www.bbc.co.uk/news/business-57764601

[SussexSeagull]

The last conservative governments were are bad enough with policies that caused stagnation, labour are going to be even worse.

This image was doing the rounds on social media regarding stagnation in Canada..

Trudeau is a liberal, not a socialist. The closest thing to the Labour Party over there is the New Democratic Party.

[Fraidycat]

stagnation here we come.

The last conservative governments were are bad enough with policies that caused stagnation, labour are going to be even worse.

This image was doing the rounds on social media regarding stagnation in Canada..

[avonleigh]

With the direction in traffic under this Marxist clueless Labour government, I honestly don't see the market improving for years, if ever.

I would urge anybody starting out their career as a contractor (why?) or those say less than 50 years of age to get the **** out at the first opportunity. This ship is going down.

I'm fortunate in that I don't fit into this category above and am in the winter of my career, with 'alternative arrangements' already in place for selling my UK property at the height of the next bubble (if there is one) and retiring from contracting, to the sunshine.

Marxist dear god. They are anything but Marxist.

[sadkingbilly]

I guess you're loving the major banks raising their interest rates as a consequence of the recent budget? That's definitely going to fix the market, going to help people with their mortgages, etc. Bit like the increase in Employers NI. Redundancies, offshoring and stagnation here we come. Enjoy, mine's another Sangria Manuel. Por favor.

sangria? - do people rerally drink that pish??
oh, well, like i said, - dltdsyaotwo

[ensignia]

You really have to be a complete moron to think the current government are in any way Marxist.

Some people on here are such entitled nitwits and think that, after years of taking the piss as permietractors, the minute they might have to pay for the upkeep of the country that allowed them to benefit immensely, it's somehow unfair.

[oliverson]

dltdsyaotwo

I guess you're loving the major banks raising their interest rates as a consequence of the recent budget? That's definitely going to fix the market, going to help people with their mortgages, etc. Bit like the increase in Employers NI. Redundancies, offshoring and stagnation here we come. Enjoy, mine's another Sangria Manuel. Por favor.

[sadkingbilly]

< whining tory bollox >
i'm fortunate in that i don't fit into this category above and am in the winter of my career, with 'alternative arrangements' already in place for selling my uk property at the height of the next bubble (if there is one) and retiring from contracting, to the sunshine.

dltdsyaotwo