In terms of raising the money to fund your training the UK banks have now given their trading updates for the end of the 2007 financial year (HBOS was the last today... shares down 7-8%)..... to summarise the general mood "By 'eck its grim out there"... to put it simply what they are saying is... "we cannot raise money as no-one will lend it too us at a sensible rate so the outlook for loan growth is very poor"..... the cost of those loans you want for your flight training is about to go up (a lot) if you can get a loan at all.
Also the royal institute of chartered surveyors put out their monthly housing market update today... number of UK house sales has fallen at the fastest pace on record. Over 40% of surveyors reporting house price falls
There is a storm coming folks and as WWW says better batten down the hatches! Anyone who thinks 08 and 09 are going to be good years for airline recruitment in the UK please can I have some of what you are smoking.... it must be good
