[garinda]

Originally Posted by CusCus

I work for an insewerance company on such things as insuring civil servants for if they get taken to court!

Bad for prospects on the basis of (a) rampant bureaucracy creation which making it much harder to be competitive as we have to devote so much more time and resources to compliance and regulation and less to doing business
(b) tax regimes (eg introduction of dividend taxation regimen - see "pensions crises") making it even more difficult to provide a return to the owners of the company and meaning many of our competitors have legged it overseas taking the jobs and tax revenues with them.
(c) interest rates 40% higher than competing economies. Yes they are set by the BofE but this is on the basis of economic policy.
(d) About 60% or so of what I do is export, however interest rates / economic policy is completely stiffing us as this feeds through into distorted currency values meaning we become much less competitive and lose out. Interest rates / economic policy being great if your name is G. Brown and you want to borrow billions on the capital markets (ie Gordon is offering 5.25%, the Eurogroats are offering 3.75, so no surprise all the banks are massively into sterling) to spend on public services (Hah!) but pretty bad for businesses trying to grow and export, like mine!


However the short term flipside is growth of such things as
(i) PFI / PPP contracts (see G.Brown fiddling the books to hide debt")
and
(ii) massive increase in venture capital investment in UKPLC (see "introduction of dividend taxation regimen by G.Brown" )has resulted in more business for us,
and
(iii) Massive capital expenditure projects eg hospital in bburn
so in some ways good for prospects.

Difficult to call, overall some good, some bad, on a micro economic level nay too shabby, on a macro level disasterous.

tatty bye

This is the second post were you've spelled insurance as inseweranse. I can't decide if it is a genuine mistake, or a clever way of saying that insurance is connected with sewers.