Tag Archives: recession

2010: A year of politics and football

Cameron and Clegg

Politics. Proving just as fickle as football. Goodbye 2010.

2010 has been a milestone year for me, which included the long overdue proposal of marriage to my girlfriend of nine years, an amazing family holiday and a headfirst smash into the 30th year of my life.

It’s the latter that has prompted me to take stock of things and consider what I really should be doing. What should be making me happy. It’s funny how you see certain things for what they are when you hit the big three-oh. More than anything, and without trying to sound like an American, I’ve realised there are certain paths I really should explore before I hit the next milestone in ten years’ time. If I don’t, I know I’ll regret it forever and I urge anyone reading this to do the same.

But what of 2010 in general? As usual, I feel it prevalent to write my end of year blog for those that care (hi, Mum).

It has been a big year, no doubt. The recession is anything but over and we have a newly formed coalition running the country. A coalition that is, day by day, obliterating the Lib Dems and creating a solitary, solemn, once-revered figure in Nick Clegg. The man’s fall from near superstardom to a widely despised recipient of burning effigies in a matter of months has been nothing short of startling. Still, at least Cameron’s enjoying himself.

However, the most lingering memories of 2010 are football-related and all nod to what is a rapidly self-destructing force: English football.

Firstly there was the Word Cup which was, and let’s make no bones about this, an utter disaster for the English game. We looked uninterested, out of ideas and, worst of all, not up to standard. It’s not about the manager, or the players – it’s about the lack of interest or investment we put into football in this country. Like so many things, the men in charge just don’t care enough. Until that’s put right we won’t win a thing and we might as well just get used to that fact. I have, finally.

Then there was Mr Rooney, who hammered his own nail into the coffin of English football with what has to be one of the most poorly orchestrated, ill-conceived contract negotiations of all time. It was a week which left a decidedly sickly taste at the back of my throat and one which Wayne and his entourage should be eternally ashamed of.

Money is killing our game, but it’s not just at a local level. Oh no. FIFA confirmed once and for all that it is readiness of money and influence on global trade that wins you votes by awarding future World Cups to Russia and Qatar. The latter, in particular, is about as barmy a decision as you’re ever likely to see and has presented a genuine case for the English FA to pull us out of FIFA altogether.

So there you have it. Politics and football dominated my year and proved they’re intrinsically linked. I suggest we all set our sights and hopes relatively low for 2011. As defeatist as that sounds, at least none of us will be disappointed when it all goes Nick Clegg.

Tagged , , , , , , , , , ,

Clever Weather

'Shall we go to the arcades, Jack?'

'Shall we go to the arcades, Jack?'

‘It’s going to be a long, hot, BBQ-summer’ said the Met Office a couple of months ago. Thrilled, we all rushed down to B&Q to buy as many pieces of garden furniture we could afford.

As I sit typing this, rain is lashing against the window and has been doing so all day. Last week, I was travelling back from a customer visit on the M25  in glorious sunshine. Within seconds the sunshine disappeared and the sky was awash with some of the greyest clouds I’ve ever seen. The congestion strewn lanes of the world’s most infuriating motorway were suddenly plunged into darkness, almost quick enough to make you jump. The rain came heavy and fast and was soon so torrential it was difficult to see past the car ahead.

Depending on how you arrived at this blog, you may have seen its strap line: ‘Firmly against global cooling’. And I am, firmly. As the strap line suggests. Global warming, as much a brain-washing, nonsensical, lucrative industry it is, does have one saving grace: it should bring us warmer weather. People in the UK should be rejoicing, not fitting every lamp in their house with bulbs that take longer to light up than the length of time they are required for.

Ok, so if you believe the government approved scientists, Norwich will be lost to sea and many other unimportant areas will also cease to exist. But, from where I’m sitting, if this has the knock on effect of guaranteeing a 40 degree summer in Northampton, then these are sacrifices I’m happy to make.

Getting back to the dismal weather we currently find ourselves in, I do have a little bit of sympathy for Mother Nature. It appears the Weather – unlike our government, banking bosses and Sky News – has been determined to see us through the recession.

Working in the hospitality industry, it is clear to see the affect the early reports of a scorching UK summer have had on customer habits. Combined with a pound that is worth very few dollars and even fewer straw donkeys, it appears us Brits have turned to our homeland for some much needed R&R.

Hotel bookings are up and the coastal destinations once consigned to a seemingly endless stream of grey haired coach parties are enjoying a deserved revival. Apart from Weston Super Mare, hopefully.

How Mrs Nature must be laughing now. Having lured us into a false sense of security, her promises of glorious sunshine have been swiftly whipped from under our feet, leaving us wet, soggy and doing our very best to enjoy the rain soaked 99 flake on a windswept seafront.

At least we’ve got some spare change in our back pocket.

Tagged , , , ,

Swine flu puts the boot in

A US trader get's some financial advice from his GP.

A US trader get's some financial advice from his GP.

So, not only are we all going to die from swine flu, today we learn that before we cough and splutter our way into oblivion, our wallet is going to be hit by the bug too.

‘SWINE FLU COULD TIP ECONOMY OVER THE EDGE’, shouts the Sky News website.  According to the news bully, 7.5% is how far the economy could contract if people start making excuses about ‘sniffing and stuff’ and stop coming into work.

Just as there appeared to by a glimmer of light at the end of the tunnel, a killer bug stomps into the pre party preparations and puts its boot square into the plate of party rings.  Thanks a lot, Mother Nature.

Well, actually, no.  I’m not having this.  I’m fed up of the doom mongering media we are surrounded by these days.  They’re not happy unless we’re all fatally miserable.  And the worst thing is, we can’t get away from them – they’re on our TV, on our phone, on the newstand and regularly the subject of water cooler conversations.  I’m not falling for it this time, though.

Why do we revel in misery?  Swine Flu is perfectly treatable; we’re not talking months off work for everyone that gets it.  Why is it any different to any other type of bug?  In 2009, why should we fear something we can predict, treat and cure?

What really concerns me is the affect this type of press has on the public.  I’m convinced the most obvious sideeffect of a recession (a drop in public spending), was exacerbated in 2009′s case by gloomy news reports every time a TV was switched on or a paper read.  Why would any of us spend our hard earned when we’re racked with fear over loosing our jobs and homes?

The R word has barely figured in headline news for the last month and as a result consumer confidence appears to have increased.  It couldn’t last though, could it?

Swine Flu isn’t the threat we face, nor is the city boy’s penchant for an immoral bonus or two.  No, the threat weighs twenty stone, wears an ill fitting suit, sits behind a news ticker and answers to the name of Eamonn.

Tagged , , , ,

Work Hard, Work Hard

My toyful play with a classic phrase in the title of this post doesn’t actually reflect reality, as far as my life is concerned.  I still get to play, but it’s struck me today just how hard we’re having to work to satisfy customers during ‘these <insert recession cliche here> times’.

Deals that would normally have taken one meeting and a couple of weeks of chasing now take three meetings and months of negotiations over price.  Existing customers want it all without paying for any of it and, most importantly, the phrase ‘the customer is always right’ has never been held onto so dear.

Of course, I have no problem with the above.  Why shouldn’t customers get the most out of their purchases these days?  It just fascinates me, the way this recession has taken hold.

There’s no doubt about it, there is definitely light at the end of the tunnel.  Things seem to be changing for the better but I have a feeling the additional work we’re all having to put in just to get the most simple of deals or jobs done will stick around for a long time to come.  If not forever.

It also makes me wonder if we were doing something wrong before.  Perhaps we were all too lazy?  A bit blase, even?  Certainly, at my company, we used to always have enough enquiries coming in to deal with.  Every department was busy and we turned over a nice profit.  Then it all changed.  And I can time it.  For us, from around February onwards, business changed as we knew it and we had some waking up to do.

We had to become more proactive.  We had to seek new opportunities.  It’s amazing how proactive you can be when you’ve got a blank order book staring you in the face and very few genuine opportunities in your pot.

I’ve learned a lot over the last couple of months.  If your business is struggling, there are no two ways about it – you have to get out there and find opportunities.  And this means doing things you perhaps don’t fancy, I’m afraid.  Cold calls, both on the phone and via site visits.  Scour Google and your competitors website for potential clients.  They exist – you just have to sniff them out.

There’s no better time to start than now.  With the recession gradually relieving its grip on the economy, both businesses and the public are feeling more confident about spending their money.  The difference is that they won’t always be proactive in doing this – you have to tempt them, and you have to work bloody hard to do so.

We have a motto at work at the moment which is quite simply ‘delight customers’.  I don’t need to explain what that means, but it’s a key phrase for any business wishing to get through this unscathed.

Tagged , , ,

Sorry, We Don’t Require Your Custom Today, Sir

"She's only done 100K, runs like a bird."

"She's only done 170K, runs like a bird."

Of all the industries facing major problems during this global recession (and let’s face it, there are few that aren’t) we are consistently reminded on virtually every news bulletin of the motor industry’s plight.

Huge companies such as GM, Chrysler and Ford walking cap in hand to the American government and virtually begging for money is a stark reminder that the mess the world banking system has left us in holds no mercy. No matter how big you are, you’re potentially in trouble. No one, at this moment in time, should feel their job is safe.

It was therefore somewhat of a shock that my girlfriend and I were allowed to walk out of a car dealership on Saturday having willfully explained that we would be spending money that day. No, really.

Having already been to VW to get a valuation for the trade in of my girlfriend’s Polo, we trundled off to see what other dealers would offer. As wacky as this may sound, we hadn’t made our mind as to which car should replace the Polo and were therefore open to suggestions. So, enter Peugeot, Riverside Park, Northampton.

We scoured the forecourt for a salesman, although only one was in view. This guy had a limp and he could be seen painfully making his way around the parked cars, as though having just been hit by shrapnel. I was therefore keen to avoid him at all costs. Time was tight and I didn’t want the valuation of the car to take three hours due to Sir Limpalot dragging his poorly foot around our car.

Of course, we got Sir Limpalot.

As he waddled across to greet us his grim expression didn’t appear to ease at all. In fact, he did all he could to avoid us, scanning the room for someone else to speak to but instead being met with a barren landscape of French hatchbacks and saloons. They weren’t going to give him an excuse to make us wait, so he had little choice but to continue his pain-ridden path towards us.

It certainly wasn’t the cheery punch-me-in-the-face car salesman greeting you expect to receive on entering their domain.  Although I did fancy punching him in the face…

Having explained that we didn’t have a particular car in mind and that our budget very much depended on the valuation of our current car, I moved on to ask if he could match VW’s valuation.

After a pause (and possibly a wince), Limpalot replied: ‘I’m sorry sir, we don’t just do valuations.’ He shuffled his stance and took the weight off his compromised leg. ‘You’ll need to book a test drive first, or choose a car before we can do a valuation.’

This was a surprise.  Even when I pointed out VW had offered £4,000 trade in, he simply replied: ‘Which system did they use to value it?’

Now, call me ignorant, and perhaps VW neglectful, but I hadn’t entered the show room with this knowledge. Helpfully, he offered two options as to what the ‘system’ might have been; ‘Was it Lazarus or Panda?’ (I’ve made those up, but the real ones were equally as meaningful).

I explained that I wasn’t a car salesman and was therefore unable to explain the exact system or formula used to calculate the valuation of our car. This didn’t do much to lift the conversation, as Limpalot, having run out of ways to confuse us, simply reiterated their policy of being unable to ‘just value a car’.

‘But we’re willing to spend money today,’ offered my Girlfriend. ‘And we don’t know our budget until we know what you’ll give us for our car.’

She may as well have explained this to the car bonnet that was inexplicably placed next to the service desk behind Limpalot. Although I would suspect the response that would have offered would have been slightly more animated. Limpalot simply shrugged.

And with that, he let us leave, my girlfriend offering the parting gift of ‘Well, there’s plenty more dealers around,’ which was also met with a shrug and a kind of ‘Mmm’ sound.

Later that day, we purchased an 08 plate Vauxhall Corsa. A car we’d had no prior intention of buying.

The more I’ve thought about Saturday’s episode, the more it has bothered me. Limpalot had a prime chance of selling us a car. We had openly admitted that we were willing to look at what they had on offer, we had a car worth £4,000 waiting to be traded in (therefore it would be reasonable for him to expect to sell something worth at least £6-7k and still make a fairly decent profit). The fact that we didn’t have a car in mind appeared to be our downfall but surely that gave him even more leverage to sell us the most expensive car we could afford?

I’m a salesman, and I would fall over myself to attend a prospective buyer like that. And at Ford and Vauxhall, they did. The latter, as a result, sold a car.

So what does this mean for the automotive industry? Well, I hope this was an isolated incident, I really hope we were simply unlucky.  But if there are more Limpalots out there, it is in more trouble than we perhaps think it is. How many other sales were turned away at the weekend due to jobsworth employees? How many other salesmen are sticking so stringently to the rule book when a little common sense and a few niceties might net them a sale?

Frightening stuff. Regardless of whether or not there’s a recession on, the world doesn’t turn without salesmen and all opportunities must always be fully explored. To turn away a possible sale, no matter how small, is utterly nonsensical. To make people feel uncomfortable and, in our case, a little silly, is simply unfathomable.

As for our injured friend, I truly hope he’s handed his P45 soon. We could do without people like him unnecessarily crippling the recovery of consumer confidence.

Tagged , , , , , , , , , , , , ,

In any other business, the lot of you would be out…

Time to call it a day?

Brown: Time to call it a day?

I’m fed up with their stupid, faux-cheery grinning faces.  I’m fed up with their inability to give a straight answer.  I’m fed up with their cavalier use of public money to fund new BBQs and sink plugs.  I’m fed up with the utter mess they’ve put our country in through slack policing of the banking system and too much back slapping of its criminal bosses.  I’m fed up with daft rules and refulations, high tax bills, increased petrol prices and television adverts which treat us all like dribbling buffoons.

But most of all I’m fed up with our government’s lack of respect for the public’s collective intelligence.

Just how stupid do they think we are?  Forgetting the recent slate of MPs clamouring to get out of Westminster’s back door and instead looking back at the last few weeks of expense claim scandals, I can’t express how angry I am at these bungling, arrogant, tax-doging tosspots we’re supposed to rely on.

Pulling such stunts in any other job in Britain would see them out on their ear without as much as their pencil sharpner to keep as a momento.  It’s made all the worse by the fact that the very systems they’re dodging and taking advantage of are the systems they develop and instruct us to follow.

The fact that so many of our illustrious politicians are clinging onto their jobs until they can claim a substantial pay off only serves to remind us of one thing; greed is the cancerous underbelly of Westminster.

What I can’t get my head round is what these people actually spend their money on.  Let’s be frank, they’re not exactly on the minimum wage, yet the fact they literally claim for everything from ‘gardening services’ (I wouldn’t be entirely suprised if we hear some of those services being of the uphill variety in the coming days…) to, unbelievably, an actual kitchen sink, leaves very little for their genuine wage to cover.  One minister even claimed for Sky TV, citing its 24 hour rolling news channels as an essential tool for his job.  I wonder if he’s watching them now.

It’s greed beyond belief.  The minister who claimed for a church donation of £5 should be shot.  I mean that.  I’m not a religous man but what he’s done there is wrong on just about every conceivable level.  The idiot who claimed for that kitchen sink (I can’t remember who it was exactly but I’m fairly sure it was gaffe-prone Jacqui Smith) surely, at some stage, must have thought when they filed the receipt that, one day, such an expense claim would allow the Sun’s headline pun department to leave work early.

I file expense claims every month.  It has never, and will never, cross my mind that I could perhaps slip the odd TV license or pair of flip flops through.  Like most companies, we check all receipts and so we should.  Providing a ‘floor limit’ for claims – the government’s being around £400 – is a recipe for piss taking on a major scale.

So where do we go from here?  As I write, Defence Secretary, John Hutton, has resigned.  This follows several other big name resignations including Jacqui Smith, James Purnell and Hazel Blears.  You’ve no doubt read enough superlatives about Brown’s empire collapsing around him, so I won’t embellish on it any further.  Instead, I’ll finish on a letter to our right honourable oiks:

Dear The Government

Just go away.

Yours

The Public

Tagged , , , , , , , , , , , , , ,

Another Friday

Fridays are, without doubt, man’s best creation. Nothing quite beats the feeling of finishing work for the day and heading home for two days of work-free bliss. What is slightly more alarming as I nose dive ever closer to the pit of the thirtieth year of my life, is the regularity with which I get ‘that Friday feeling’.

The weeks are flying past. It is genuinely alarming how quickly one weekend blends into the next -where does all that time go?

This blog post can go one of two ways; I could rejoice in how the seemingly rocket-propelled passing of time is going to see us out of the recession quicker than a blink of an eye or, and more predictably, I could delve into the lower reaches of my psyche and wrench out the overwhelming thought of death’s door dragging ever closer.

Sod that, though. It’s Friday. Beer anyone?

Tagged , ,

Can We Drop the ‘Sir’, Fred?

The figure keeps changing but its never in danger of presenting the receiver of the sum in any greater light.

£695,000, £650,000, £675,000 … Sir Fred ‘The Shred’ Goodwin’s pension leaves a particularly nasty taste in the back of my throat.  I’m fed up with seeing his smug face splattered across the UK media and couldn’t agree more with the wide condemnation of his refusal to forgo his undeserved and highly immoral pension.  Indeed, if I wanted to see his face splattered anywhere, it’d be across the ageing tarmac of the M1.

As I say, this is particularly hard to bear at the moment having recently heard from a member of my family about a substantial loss they’ve made on some savings.  Due in no small part to the torrid financial situation we now find ourselves in, it was also due to some monumentally bad advice given at the point the savings account was opened.

Fred (as I shall now refer to him) is an overtly public and high-profile reminder of just how inept and and self centred the people who run our banking system are but he is no different to the admittedly lower level but equally moronic bank rep who sold my poor family member an unsecured savings account.

Having explained they are low risk customers who simply want somewhere to put their hard earned cash and see a bit of a return, this character surreptitiously slipped them a fast one by offering an account that was in fact floated on the stock market.  As a result, they have just discovered that their savings are down by a four figure sum.  It is absolutely criminal that poor advice like this has been willingly given out.  I’m sure, just like Fred, our friend at Alliance and Leicester was basing his advice purely on the percentage commission he’d receive for having given it out.  Being a salesman myself I know all about the lure of commission and it’s potential to utterly ruin your objectivity and, above all, forget your duty to be human.  However, I sell computer systems to hotels, this chap was selling the basis for the twilight years of someone’s finances.  Decent, basic respect for the person you’re selling to must come in there somewhere, musn’t it?

How Fred can sleep at night is beyond me.  If I ballsed my company up as spectacularly as he did with his disasterous acquisition of the Dutch bank, ABN-Amro, I’d be out on my ear with little more to accompany me than the lunch box I left in the lunch room several months ago.  I certainly wouldn’t receive an on going sum of money that could see me living the rest of my years in Monaco, bathing in the glorious sunlight of unprecedented wealth and multiple yachts.

I urge anyone with savings to review their accounts as soon as possible.  I feel almost blessed that I don’t have too much stashed away but anything I do have will be invested wisely and, more importantly, wont be waived under the nose of a hungry, immoral banker.  We’re deep into the woods with this one at the moment and the end is a long way off, but it has become clearer than ever over the last few months that we simply can’t trust these people that, for years, were our guiding financial lights.

Tagged , , , , , ,

It’s Snowing! Quick, Panic!

Snowfall in London. Time to cancel everything, then. Including the Tube (?).

 

I sincerely hope that none of our friends on the continent have been watching Sky News this morning. If they have caught glimpses of the headlines I’d imagine they’re probably still rolling around on the floor, tears streaming down their face in fits of uncontrollable laughter.

A few inches of the white stuff and this country coughs, puffs and eventually grinds to a halt. It’s embarrassing.

What’s more, all news items seems to be fixated on our glorious capital, the occupants of which have seemingly never witnessed snow before. Inane pictures of people’s temporarily fluffy white cars somehow made the headlines as did the closure of major roads and rail networks.

Even the Tube was closed. I’m sorry? It’s underground. How much snow can fall underground? I really cannot fathom that one.

And why can’t planes take off in the snow? How do they manage in the Antarctic or Iceland?

It worries me all this. What would we do in a real disaster situation? I am genuinely quite frightened at the prospect if we can’t even deal with snowfall.

I live in Northampton which had its fair share over night. It hasn’t affected my day even slightly. I wasn’t late to work, I didn’t miss my dentist appointment and, unlike the Peugeot I saw on the way to the Tooth Fairy, didn’t stack my car into a wall.

If anything, the journey into work this morning was blissful; relatively quiet and punctuated by stunning scenes of snow-covered hills. I just wish I’d remembered my camera.

The last thing we need during a recession is for people to be given yet another excuse not to bother with work. If you have heeded warnings of staying in today, you’ve wasted your time and, more importantly, your contribution towards reviving the economy. Get off your backside, get in your car and make your way to work – your country, as pathetic as it is, needs you.

Tagged , , , , , ,

So that’s it, then. We’re all going to lose our jobs.

It appears the credit crunch crisis is only deepening as we dive nose first into a sub-zero January. The last Woolworths store finally closes today and high street stores Next and Debenhams have both reported losses this morning.

Indeed, if you take a glance at Sky News’ business page, we’re also informed that M&S might be announcing job cuts, consumer confidence is at a record low, hundreds of high street jobs have been axed and house prices have fallen at a record rate. Hand me the knife…

Forgive me for being blasé, but this isn’t quite the optimistic start to the year I was hoping for. Delve a little deeper and you discover that the drop in sales for Next is actually countered by a rise in profits, a far more important figure. Turnover: vanity, profit: sanity – a motto I regularly think back to whilst conducting my day to day work. I understand that a drop in sales revenue is indicative of a lack of consumer confidence, but at least these companies are making money. If they’re making money, they can pay staff, and those staff will eventually regain the confidence to pop into town and spend a bit of their hard-earned. And we all benefit from that (it’s a bit like the circle of life reference in The Lion King, only far more boring and lacking any cutesy lion cub).

But this is the crux of the problem. How do we get that confidence back? It certainly isn’t easy with all the doom mongering in the media and the po-faced heads of industry predicting colossal job cuts. We’re supposed to be a stoic, proud country, but one glance at the headlines this morning suggests we’ve simply given in and begun crying into our empty wallets.

The answer certainly isn’t to spend our way out of recession, it is to lift our heads, get back to our desks and work our proverbials off. That’s what I’ll be doing this year. I just hope everyone else does, or else we will be in the sticky stuff.

Oh, and don’t take anything Eamonn Holmes says too seriously. He used to present GMTV, remember.

Tagged , , , , , , , , ,
Follow

Get every new post delivered to your Inbox.

Join 244 other followers