Strikes

Hindsight

Member
Location
Lincolnshire
RMT at it. Who's next? How big a pay rise will public sector workers and key infrastructure bods squeeze on to help keep inflation stoked.

!970s all again. I thought the Nurses would be the storm troopers but RMT beat them to it. I would say 10% rise across the board for all public sector workers will be the target. Local Authority etc. Afraid it looks like anyone not in the public sector can forget retirement. Death will be a more sensible end of life solution.
 

teslacoils

Member
Arable Farmer
Location
Lincolnshire
High wages only work if productivity rises. These train drivers etc aren't more productive. And the bankers etc who used their services to commute to London are still only using 80 percent of pre COVID transport.
 

toquark

Member
You lot down south haven't a clue. Up here in the people's republic, the glorious revolution continues with Our Dear Leader The Government re-nationalising the railways. The union kindly held off strike action until the deal was done.

So. That's a Shipyard that can't build any ships, a train company that is incapable of running any trains, a dockyard which doesn't win any contracts, a water company which routinely dumps raw sewage into watercourse and a bankrupt airport.

I have complete faith that Our Dear Leader The Government will rectify this sub optimal situation which has been clearly orchestrated by nefarious forces from the South by pulling off an illustrious and glorious campaign of hot air which will strike all of the enemies of our glorious nation into a whimpering submission.

What a joke.
 

Martin Holden

Member
Grassland Exhibitor
Location
Cheltenham
Will be a Winter of Discontent

I fully expect rioting by August too

We ain't seen nothing yet
perhaps. When the full impact of the cost of living inflation has been felt, that's when the problems will appear. Wage inflation is a terrible thing but understandable of course, but the "vicious circle" will at "full steam" by then. The Ukraine issue is having a far worse effect on world economics than the pandemic ever did. folk speak about China causing economic issues, but its not in their best interests to engage in a trade or supply war. Its only in situations like Ukraine which is "forced" on an economy where real issues rear their head. the world need to solve the Ukraine crisis and also be rid of a certain individual causing all the problems. Inflation is a dreadful economic disease.
 

beardface

Member
Location
East Yorkshire
May make 2008 look like a stroll as well

Looks like dot com burst again with the stock markets. Still quite a few zombie companies hanging on from covid. It's personal debt exposure that's the killer. Many many pay day loan companies, credit card companies etc (including banks). could go under in a very short time if theres massive defaults due to cost of living crisis.
 

robs1

Member
Looks like dot com burst again with the stock markets. Still quite a few zombie companies hanging on from covid. It's personal debt exposure that's the killer. Many many pay day loan companies, credit card companies etc (including banks). could go under in a very short time if theres massive defaults due to cost of living crisis.
The big question is where to put savings that is safe. I have a fair chunk in a life assurance policy and in a few isa and ordinary savings, perhaps government bonds might be safer
 

hoff135

Member
Location
scotland
Looks like dot com burst again with the stock markets. Still quite a few zombie companies hanging on from covid. It's personal debt exposure that's the killer. Many many pay day loan companies, credit card companies etc (including banks). could go under in a very short time if theres massive defaults due to cost of living crisis.
Agree, housing crash or major correction coming too.

Wondering how the big home builders will fare as they have had to spend big on materials and labour over the past year or so. Lot of people who qualified for a mortgage 6 months ago won't get one now.
 

Is Red tractor detrimental to your mental health?

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HSENI names new farm safety champions

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Written by William Kellett from Agriland

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The Health and Safety Executive for Northern Ireland (HSENI) alongside the Farm Safety Partnership (FSP), has named new farm safety champions and commended the outstanding work on farm safety that has been carried out in the farming community in the last 20 years.

Two of these champions are Malcom Downey, retired principal inspector for the Agri/Food team in HSENI and Harry Sinclair, current chair of the Farm Safety Partnership and former president of the Ulster Farmers’ Union (UFU).

Improving farm safety is the key aim of HSENI’s and the FSP’s work and...
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