You are not the only one. Everyday we see reports on the crisis, the recession and the uncertain times for business and employment. Today BT shed 10,000 jobs as profits slide; British Telecom are of course one of the main service providers of UK broadband, phone lines, mobile products, digital TV, web hosting, online security and networked IT services for the home. These measures are symptomatic of the present economic climate and are unfortunately being implemented on a large scale, as reported daily.
This meltdown is forcing the Government to take more than just a position; they must take action. Mervyn King is determined to kick-start the economy, focussing on inflation he said that he will cut rates again and again. Gordon Brown said last week that he wanted to cut business taxes. The Opposition has said that this would help 350,000 people back into work, as well as reducing the tax burden on business by £2.6 billion and saving as much in unemployment benefits. Could it be a good solution or an unfunded tax cut? To find out more about this topic please follow this link to the article on westbury.co.uk!
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