my accountant tells me that he has approx 400 clients on his books ,covering all professions florist,mechanic,building trades, shops etc etc.he is always busy because whether people have a good year or a bad year accounts still need to be done. but one thing he has noticed more and more this last few years is regardless what buisness people have everybodys turnover is down and in a lot of cases quite significantly, now just pause and think about this, if one accountant in carlisle who has 400 clients with there turnover down that means less money going to the goverment/inland revenue, now times this by all the other accountants in carlisle with similair tales ,then times this by all the accountants in cumbria and this is a very serious shortfall in revenue for the goverment and this is just cumbria with a small population,now take a deep breath and think of all the accountants in this country who have similair stories and think a lot of these accountants will in some cases have thousands of clients on there books, this is a very serious state this country is in as this lost income will have to come from other ways, i really think this recession has a long long way to go yet,and it is going to get much much worse, only this week in carlisle a large furniture showroom has closed down after 165 years of trading, sorry to say lads but i honestly think the good times have gone never to return,people are apprehensive and scared about losing there jobs,coupled together with higher fuel prices food etc, and they are not :RpS_unsure:spending money,what few jobs there is are being chased and undercut by to many people and this is nationwide, the good times have gone.
good times have gone
- Thread starter hector
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plaster man
Private Member
a good long war is whats needed lots of work after ww2 roll on ww3
ajplastering
Member
hector - yur accountant might only d accounts for the bargain basement businesses so cannot take just one accountants statistics to crystal ball the whole of england
Danny
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Businesses are still making a profit... and for every business that goes under another company picks up the shortfall...
WE just need to be creative on how we sell ourselves and just give more than your competitor.... There are a lot more opportunities to make money in a recession and also in 3rd world countries...
I have a friend that will most likely end up being millionaires before this year is out... stay positive and keep doing your best and you be all right
WE just need to be creative on how we sell ourselves and just give more than your competitor.... There are a lot more opportunities to make money in a recession and also in 3rd world countries...
I have a friend that will most likely end up being millionaires before this year is out... stay positive and keep doing your best and you be all right
my accountant isnt taking on new clients due to there excessive workload, funny enough after speaking to him to other day.
dont listen to the doom merchants as said or read the piss poor tabloid media. good news doesnt sell papers.
and as said depends on your area.
Businesses are still making a profit... and for every business that goes under another company picks up the shortfall...
WE just need to be creative on how we sell ourselves and just give more than your competitor.... There are a lot more opportunities to make money in a recession and also in 3rd world countries...
I have a friend that will most likely end up being millionaires before this year is out... stay positive and keep doing your best and you be all right
well said.
Danny
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Innit how about hello everybody we've tried to help every country out there but just for the minute get ****** were going to concentrate on ours for a bit
I agree with that.. we have a lot of our own problems....
The banks are only offering 75-80% mortgages and until it goes back up to 95-100% we will be strugglin 70% of house buyers are first time buyers most dont stand a chance of gettin mortgages at that rate. Unfortunately the banks control the money not the government and between each other they couldnt run a raffle!!
Danny
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I cant get a mortgage and I had 75% deposit... Yep 75% DEPOSIT!!
The trouble with the UK is they dont support local businesses the rather support someone that wont work than someone that is trying to make a go of things and make a better life for themselves.
When I was ill I was not entitled to anything because I was "self Employed" Luckily my online stuff has been fairly hands off and it saw me through but if had not I would have gone bankrupt quite quickly....
The trouble with the UK is they dont support local businesses the rather support someone that wont work than someone that is trying to make a go of things and make a better life for themselves.
When I was ill I was not entitled to anything because I was "self Employed" Luckily my online stuff has been fairly hands off and it saw me through but if had not I would have gone bankrupt quite quickly....
bubbles65
Well-Known Member
That just reminds me of my own situation when I was laid up for nine months before and after my back operation. I had a couple of mortgages and the message from both of the providers was 'start missing payments and we'll be having the properties off you'....... no payment holiday, no help offered, no sympathy whatsoever, another reason I detest banks. We got by on my lasses wages, but it don't half eat into what you've got.
Self-Employed? You are on your own mate so get on with it, there's always a dollar to be made if you look hard enough.
"Look up, stay up - look down, stay down" :RpS_thumbup:
twitcher
Private Member
I'm finding it hard to be optimistic, think I've said that enough times already.
I can't see inflation going down, and there's interest rates that I don't think they can maintain at such low rates. Long term I'd be concerned about the value of the pound and I can't see the housing market sustaining itself at all. That'll crash I reckon.
The banks, well I've heard some will be in major trouble and the govt. will only be able to recapitalise some of them. That might mean there'll be a run on some banks, ie. people taking their money out of them like northern rock.
People are fearful, scared about their jobs - unemployment is going up and up, particlularly youth unemployment, and this summer I think we're in for another round of unrest and rioting.
That's a very bleak picture I've painted there, but I am optimistic about people not putting up with this s**t. Somethings got to give and hopefully we'll get rid of the fckers, cos we sure as hell aint responsible for fcking up this economy and we sure as hell shouldn't have to pay for their greed.
I can't see inflation going down, and there's interest rates that I don't think they can maintain at such low rates. Long term I'd be concerned about the value of the pound and I can't see the housing market sustaining itself at all. That'll crash I reckon.
The banks, well I've heard some will be in major trouble and the govt. will only be able to recapitalise some of them. That might mean there'll be a run on some banks, ie. people taking their money out of them like northern rock.
People are fearful, scared about their jobs - unemployment is going up and up, particlularly youth unemployment, and this summer I think we're in for another round of unrest and rioting.
That's a very bleak picture I've painted there, but I am optimistic about people not putting up with this s**t. Somethings got to give and hopefully we'll get rid of the fckers, cos we sure as hell aint responsible for fcking up this economy and we sure as hell shouldn't have to pay for their greed.
tex it all
Member
cmon lads it aint all doom and gloom ,any one can run a buisness when theres loads of work and high pay, the new car can wait a year or two ,if youve borrowed to much you will learn not to next time, just try to keep going iam fraid to say its part of the job, i just hope they keep intrest rates steady ,cause if they jack em up sharpish then people really will stop spending ,just like early 90s, all we can do is if you come across a politician or banker in the street remind em how delecate their nuts are
plaster man
Private Member
optimistic is not ur strong point i woundent bother with it if i were u and the rioting so called unrest was just a lot of kids looking for free stuff and beating up old people and the like and for the life of me how can that make things better
Danny
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That is not exactly true....
You can always let them out to people on the social and the social tend to be fairly good payers.... If you were to buy a property for investment why spend £300K on a property as you run a huge risk of being in negative equity.... Buy it cheap and you reduce your risk and worst case is you can move into it...
I wouldnt live in a few places I looked at but for investment they were ideal....
DannyMac
Private Member
Fu.ck me twitcher, I'm close to tears after reading that.....I bet you're fun at parties.:razz:
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