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Previously on "Britain - Like Spain but without the weather"

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  • Cyberman
    replied
    Originally posted by MrMark View Post
    Apparently it's one of the most secure banks on the planet:

    So were HBOS, RBS etc etc etc.

    Leave a comment:


  • MrMark
    replied
    Originally posted by OwlHoot View Post
    Oh flip! Are they? Don't Santander own Cater Allen?
    Apparently it's one of the most secure banks on the planet:

    banco santander

    Only made 8.9 billion Euros profit last year though
    To date (so far as I know) it's the only bank that's compensated its clients who lost money in the Madoff scam...

    It was fun last year reading all the message board "experts" stating that Santander was next, the hedgies had Santander as the next victim, Santander was not as stable as we thought...

    Well, not so fun as my bank accounts with Lloyds TSB. I'm reliant on HMG UK to keep it afloat.

    Leave a comment:


  • minestrone
    replied
    I think Glasgow's incapacity rate is about 17%, plain unemployment is about 5%. 25% of Glasgow's potential work force sits about and does nothing.

    Leave a comment:


  • SantaClaus
    replied
    Hmmm, its a tough choice.

    A) Being on the dole watching "Deal or No Deal" and "Richard & Judy" whlst its pissing with rain and freezing cold outside.

    B) Being on the dole with a Sangria in hand under blue skies and a nice warm sun.

    Southern European countries make not working so much more pleasurable
    Last edited by SantaClaus; 3 April 2009, 21:34.

    Leave a comment:


  • OwlHoot
    replied
    Originally posted by Cyberman View Post
    .. Santander is in a mess !!
    Oh flip! Are they? Don't Santander own Cater Allen?

    Leave a comment:


  • Troll
    replied
    Originally posted by DimPrawn View Post
    http://news.bbc.co.uk/1/hi/business/7981302.stm

    The Bank of Spain has predicted that the country's rate of unemployment will reach 17.1% in 2009 and 19.4% in 2010.

    Spain has the highest unemployment rate in the European Union, with a rate of 15.5% in February, nearly double the EU average, according to Eurostat,

    You see that? That's you that is.
    I wonder if Spain is now regretting the amnesty to 700,000 illegal immigrants in 2005?

    Leave a comment:


  • Cyberman
    replied
    Originally posted by AtW View Post
    It's unlikely to benefit UK.

    In any case Spanish banks did much better than UK ones as its Spanish bank that buys good parts of UK bankrupt institutions.

    Rubbish. People will holiday at home and spend money here !! Boomed !!!


    Santander is in a mess !!

    Leave a comment:


  • AtW
    replied
    Originally posted by Cyberman View Post
    The strength of the Euro though also is a major disincentive to visit Spain for a while.
    It's unlikely to benefit UK.

    In any case Spanish banks did much better than UK ones as its Spanish bank that buys good parts of UK bankrupt institutions.

    Leave a comment:


  • gingerjedi
    replied
    Originally posted by Cyberman View Post
    The weakness of the pound though also is a major disincentive to visit anywhere abroad for a while.
    Fixed

    Leave a comment:


  • Cyberman
    replied
    Perhaps if the Spaniards did not spend so much time making the English feel unwelcome by ordering them to have their houses demolished, their economy might improve !!

    The strength of the Euro though also is a major disincentive to visit Spain for a while.

    Leave a comment:


  • Jubber
    replied
    Originally posted by DimPrawn View Post
    http://news.bbc.co.uk/1/hi/business/7981302.stm

    The Bank of Spain has predicted that the country's rate of unemployment will reach 17.1% in 2009 and 19.4% in 2010.

    Spain has the highest unemployment rate in the European Union, with a rate of 15.5% in February, nearly double the EU average, according to Eurostat,

    The Bank of Spain is also predicting that the public deficit will hit 8.3% this year and 8.7% in 2010, which is well over the eurozone limit of 3%.

    It said that the economy would contract by 3% this year and 1% in 2010.

    You see that? That's you that is.
    I've been out there a couple of times lately - it is pretty bad already, so I hope it doesn't get too much worse. So many shops closed or with big "70% off" signs in the windows. (sigh)

    Leave a comment:


  • DimPrawn
    started a topic Britain - Like Spain but without the weather

    Britain - Like Spain but without the weather

    http://news.bbc.co.uk/1/hi/business/7981302.stm

    The Bank of Spain has predicted that the country's rate of unemployment will reach 17.1% in 2009 and 19.4% in 2010.

    Spain has the highest unemployment rate in the European Union, with a rate of 15.5% in February, nearly double the EU average, according to Eurostat,

    The Bank of Spain is also predicting that the public deficit will hit 8.3% this year and 8.7% in 2010, which is well over the eurozone limit of 3%.

    It said that the economy would contract by 3% this year and 1% in 2010.



    You see that? That's you that is.

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