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Growing Evidence That The Upturn Is Upon Us

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Growing Evidence That The Upturn Is Upon Us

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Old 5th Jul 2008, 06:40
  #21 (permalink)  
 
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hollingworthp, get a grip. He meant the people who don't work because they get away with it. The scroungers and layabouts we all know who are perefectly capable of working..

I knew what he meant.
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Old 5th Jul 2008, 08:03
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Home : Benefits and Work



Over the past ten years, the Disability Living Allowance (DLA) budget has gone from £5.7billion to £8.8billion a year. The number of drug addicts and alcoholics claiming the £60-a-week payment has risen five-fold, from 3,000 in 1997 to nearly 17,000 last year. The claim of 'back pain - not specified' has gone from 56,000 to 123,000. The number of deaf people in the UK has almost tripled from 13,000 to 34,600.

You couldn't make this up - this guy claimed £43,000 in disability allowance!





Jon Stentiford was able to collect Disability Living Allowance at the same time as holding the title of Cornwall's Strongest Man. The 36-year-old, of St Neot, pocketed £43,000 after claiming he had a bad back. The 6ft 4in bodybuilder began receiving the benefit for sciatica - a condition that can cause lower back pain - in 2002.

Like anyone else with half a brain and an ounce of compassion I would like to triple the allowance given to genuinely disabled people and make their life as comfortable as it can possibly be.

But claiming unemployment is at record lows whilst 2.8 million claim the dole by other means is just a fraud.

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Old 5th Jul 2008, 23:10
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Disability allowance is one thing, but what are the UK doing in Iraq?

That war makes the spendings for the disability funds look like a bargain...

There's over 4000 UK troops in Iraq and dear mr Brown intends to increase the troops in Afghanistan to 8000. Paychecks, equipment, financial assistance for the injured and the families of k.i.a.'s, resources, etc...

Can a small country like the UK afford this?

Not only that, soon the UK will be begging to be part of the euro currency. After all, patriotism didn't work out as planned with the GBP dropping from 1.5 euro to 1.25 euro in the past 12 months.

The UK is therefore in pretty much the same situation as the U.S.: in a war, a weak economy, a weak currency.

Last edited by nich-av; 5th Jul 2008 at 23:38.
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Old 7th Jul 2008, 08:09
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EasyJet Increases Passenger Numbers, Fills More Seats (Update1)

By Tracy Alloway
July 7 (Bloomberg) -- EasyJet Plc, Europe's second-biggest discount airline, rose as much as 7.6 percent in London trading after saying it carried 20 percent more passengers in June as it added planes and bought GB Airways Ltd.
Bloomberg.com: U.K. & Ireland

Last edited by heli_port; 7th Jul 2008 at 19:25.
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Old 7th Jul 2008, 19:13
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Of those who are capable but milking it, I'm not sure which is worse, having them on the dole or having them flogging the Big Issue every time I step out of the house.

I don't think I'd say no if this bruiser stuck Big Issue in my face though!
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Old 7th Jul 2008, 19:30
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Jon Stentiford was able to collect Disability Living Allowance at the same time as holding the title of Cornwall's Strongest Man
...of course they did........ would anyone dare tell this bloke he wasn't Cornwall's 'ardest?
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Old 8th Jul 2008, 21:00
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Well Irelands boom has certainly burst with record unemployment this year, 220,000 on the labour now, thats worse than the recesion in the 80s, and the construction industry in a bad way. The cost of living has gone out of control here. People that have jobs are working just to pay bills and buy some food. I read in the paper the average weekly grocery shopping is €155. People just haven't got the money to spend on other things at the moment.
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Old 9th Jul 2008, 04:10
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BBC: Oil prices fall by more than $5

The impact of a global economic slowdown on demand for oil has caused prices to fall by more than $5, with London seeing the largest drop.

Crude oil prices fell to about $136 a barrel, well down on the record price of almost $147 set in London last wee
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Old 9th Jul 2008, 08:13
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I wouldn't get excited by oil dropping $5. Last month people got excited because it dropped back to $121, then it rocketed to about $137 or something the next day. It's in the news this morning that Iran have just test-fired a missile which can reach Israel, which will no doubt send the price back the wrong way again.

Last edited by bjkeates; 9th Jul 2008 at 15:08. Reason: Incorrect currency!
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Old 9th Jul 2008, 11:11
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I dont write too much but i regularly read these posts. Just want to say my opinion on this matter. I personally think that its just a period of instabillity in the aviation industry. As everyone knows aviation is the most revolutionary industry and one that has always managed to find new ways of exapnding AND surviving. Dont forget that rising oil prices affect ALL travel industries. Traveling is second nature to many millions of people and there is no way people will stoop to an alternative travel industry to compensate for rising prices in the aviation industry. Our industry is just the most publicized and people hear its good and bad more.

I think that anyone who wants to become a pilot needs to be flexible and they have good chances of finding a job to get the first 800-1000 hours which are crucial. Most people I know who said "im gonna do whatever it takes" made it and landed good jobs VERY fast, the ones who said " i have a girlfriend here, i cant just leave" are the ones on forums complaining about how the aviation industry is in a major downturn. Aircraft will always be flying and the investors wont just let themselves loose money!!!!

Just my two cents

SVoa
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Old 9th Jul 2008, 12:00
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hear hear! good words SVoa

I'm defintely one of those do whatever it takes!
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Old 9th Jul 2008, 14:48
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Finished my groundschool in Sept 2006 with four others on my course.

1 Working for Sky Europe now has plenty of jet hours
2 Bonded with Virgin Nigeria
3 & 4 now both accepted into Ryanair
5 me, thumb up butt for too long!!! now looking to complete training.

There are jobs but you have to be flexible, willing to move overseas if needed and cough up for a rating that is in demand!!! 737's I think they are all on.

Even if things do go tits up make sure you are in an employable position when things get better because they always do. Even now there are still plenty of very rich folk wanting to fly around in private jets without the hassle of a major airport!
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Old 11th Jul 2008, 06:13
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Now here is a person with some brains in his head!!!! Well said Tog..

Svoa
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Old 16th Jul 2008, 23:13
  #34 (permalink)  
 
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The Nationwide is cutting interest on a two-year fixed-rate deal, for those paying a £599 fee, from 6.48% to 6.18% on a loan that is 75% of a property's value. It is coming down from 6.88% to 6.58% for those who need a 90% loan-to-value mortgage.
BBC: Nationwide to cut mortgage rates
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Old 17th Jul 2008, 07:04
  #35 (permalink)  
 
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Yes, but a 90% value to loan ratio mortgage could easily have you upside down in six months. 95 and 100% mortgages are what got us here in the first place. The correction in prices was desperately needed though. The high prices of California homes is what drove lenders to offer 100% sub primes in the first place and that is where the melt down started.
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Old 17th Jul 2008, 08:28
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Its really funny how what people say in the news and what we read and hear can make us freak out so bad. Its definately not the best time to become a pilot, lets not lie... but what is it good to be now?????? i finished high school in 2004 and said ill go and do an IT degree because 4 years ago it had lots of demand... nooooooo now IT people are way too many!!! there are no jobs. People working in banks are pretty much worse off than pilots because of the credit crunch, and businesses are also trying to cut costs now. We are in a bumpy period, but do what you wanna do and try hard. Personally i see what i see, ALL my friends who finished ATPLs have found jobs, some in cargo, some in private jets and some in airlines.. but THEY ARE ALLLLLLLL FLYING!!! Its a bit hard but its fine.. The people you hear saying "oh i cant find a job, i gave so much money and now snothing" are people who for example are in the UK and ONLY wanna stay in the UK. Your gonna have to move around till you have 2000+ hours and can knock on many doors.


SVoa
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Old 17th Jul 2008, 12:21
  #37 (permalink)  
 
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BIG DEAL!

Mortgage rates have been dramatically hiked and then dropped by a tiny amount simply so the spin can read "Mortgage Rates Easing". The table below shows how the recent "cuts" will make little difference to the average mortgage;








With house prices off by >10% already with 30% more to come many of the most economically active members of society will be highly inactive soon.

Its not the cost of the kerosene that's going to cripple airlines. Its the lack of passengers.

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Old 17th Jul 2008, 12:45
  #38 (permalink)  
 
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Upturn cancelled.

Ryanair to slash 11% of Stansted (largest base by far) for the winter and close 7 foreign bases for the winter.


Thats the worlds most profitable airline. You don't need Mystic Meg to help you work out what's about to happen this winter.

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Old 17th Jul 2008, 12:45
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Ryanair Cutting Back

BBC NEWS | Business | Ryanair to cut Stansted flights
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Old 17th Jul 2008, 14:47
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Yes Rex, that's right.

I'm predicting the future. The figures will follow. Just the way I did with the house prices and the recession.

And for clarity its a 14% flight reduction and a 25% aircraft reduction. Ryanair is the worlds most profitable airline.

The upturn IS cancelled for Wannabes.


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