Sunday, November 16, 2008

Preston Bracing Itself for Credit Crunch Losses

With the economy biting hard on the finances of big business, the inevitable loser is the workforce.
Looking at the map below, there are at least three large-scale and well-established businesses bracing themselves for job cuts and it's poor old Joe and Josephine public that will inevitably foot the bill by being the subject of those cuts.
If the banks don't start lending responsibly, instead of hoarding the cash given by the Government to bail them out (our cash by the way), they may not have many customers left to fleece!
Just a thought.

View Larger Map

No comments: