In the current economic climate, I’m sure that many of you are concerned with the added burden of expenditure which will fall upon us when the time comes to buy Christmas presents for family and friends.
Fortunately, recent legislation means that internet shopping – an option which many people will have considered already – is largely free from the customs duties which previously increased the price of goods bought from abroad.
IIn a time of severe financial distress within the UK, and as the economy has been expected to decrease by 1.7% by the end of 2009, Britons were shocked to learn that another stab to the economic vital organs came as an estimated 3 million people are expected to be unemployed in the UK by 2010.
This information was released this week by the Confederation of British Industry, or CBI, after 5000 people were released from their jobs at several corporations, earlier this month. Furthermore, one of these corporations, GlaxoSmithKline, has announced plans to close one of its English plants by 2013, potentially sacrificing a further 620 jobs in the process. Even Britain’s well established telephone company BT has disturbingly announced that 4,000 people have been released from their jobs and as many as 6,000 could follow by next March to soften the severe economic blow that it has suffered in recent months. This will leave many people scurrying to procure job security at these tough times, but with 3 million people out of work by 2010 and no more jobs being created, how does the government expect its public to adapt to turbulent financial times?
Tom Hill: net wizard
Tom Hill runs techtom, which specialises in the retail and resale of computer goods, along with installation of networks and VoIP systems. The business caters for individuals, as well as small to medium sized enterprises.
Two years ago, when he was halfway through the final year of his Computer Science degree at Cardiff University, Paul Senter decided on his career path. However, he didn’t have to prepare himself for any interviews or apply for any specific jobs. He just needed to spend more time in front of his computer playing poker.
“To be honest,” he says, “the poker harmed my degree at first. I was staying up late several nights a week, and missing my morning lectures.”
I hate to be the bearer of bad news, but it seems the one slice of comfort we might have taken from the credit crunch is slowly slipping from our grasp.
With the vast majority of students being first time buyers, the fall in house prices looked like the silver lining to the cloud of fewer job opportunities and the plethora of other setbacks caused by the miserable economic climate. Unfortunately, they’re taking that away from us, too.
In all the debates about how the credit crunch is affecting students, one key area has been surprisingly neglected: the impact on television.
No, I’m not talking about the quality of programmes, which – let’s face it – was already pretty dire. I’m talking about advertising.
Siobhan McGurk is still a student at Cardiff University. In her final year studying History, she seems like your average student, if it wasn’t for one thing: She owns her own business! The Saturday girl turned budding entrepreneur tells us how she made it happen.
Briefly tell us what kind of business you have.
Is it just me, or is everyone skint? The madness of Freshers’ Fortnight, or month as it has been for some of us, is finally dying out and it’s been an expensive bout of hedonism.
Now, as well as buckling under the pressure of the mass of work that’s been piling up whilst we’ve all been determinedly steering clear of it, there’s the added stresses of trying to survive on a serious budget.
Whatever your political persuasion, there is no denying that foreign secretary David Miliband is a very successful man. At 41, he is the youngest politician to hold his current position in 30 years.
Following his visit to Cardiff on October 16, perhaps it’s time for all you budding PMs and MPs to start thinking: how are you going to make your way to the top?
Ever wondered what it would be like to own a business? Yes, then you might like to hear about student Enterprise, a free service for Cardiff University students and alumni offering skills development, events, competitions and business support.
The service has a variety of parts to it focusing on different areas in business, with events running throughout the year. The idea behind Student Enterprise is, of course, to help young people develop their potential as entrepreneurs and learn how to start and run a successful business.