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2008 the year of doom and gloom?

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Old 04 January 2008, 08:51 PM
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StickyMicky
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Default 2008 the year of doom and gloom?

business`s round this way are dropping like flys the latest one is just down the road from us.

pennine windows went under yesterday, knew a few people working at the head office, including a friends father who was on a decent 90k year

i feel sorry for him

55year old, what is he going to do now, house is already on the market


A double whammy for jobs in double glazing - nebusiness.co.uk

another large glazing firm went under a few weeks back

“The business has suffered significant losses as a result of difficult trading conditions over the last few months and the credit crisis causing a squeeze on disposable income”.
batten down the hatches
Old 04 January 2008, 08:53 PM
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Originally Posted by StickyMicky

55year old, what is he going to do now, house is already on the market
If I was him take the equity in the house, move to thailand, buy a big bag of viagra and have the time of my life.
Old 04 January 2008, 08:55 PM
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his wife might have something to say about that
Old 04 January 2008, 08:57 PM
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They then re-appear as Pennine Windows UK Ltd, having taken thousands in deposits, have you never watched thats life !
Old 04 January 2008, 09:00 PM
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Originally Posted by StickyMicky
his wife might have something to say about that
Assuming she can work out how to install skype and if he gives her his ID
Old 04 January 2008, 09:01 PM
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Originally Posted by J4CKO
They then re-appear as Pennine Windows UK Ltd, having taken thousands in deposits, have you never watched that's life !
this was not a little one man band to be honest, they were IMO the best in the local business doing the windows, you pay the extra and all that malarkey

its probably the cheap little companies paying cash in hand that's killed them off!

edit, just remembered that the big thing in the adverts was the slogan

"NEVER GONE BUST OR COME BACK UNDER A DIFFERENT NAME"

Last edited by StickyMicky; 04 January 2008 at 09:05 PM.
Old 04 January 2008, 10:35 PM
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Originally Posted by StickyMicky
business`s round this way are dropping like flys the latest one is just down the road from us.

pennine windows went under yesterday, knew a few people working at the head office, including a friends father who was on a decent 90k year

i feel sorry for him

55year old, what is he going to do now, house is already on the market


A double whammy for jobs in double glazing - nebusiness.co.uk

another large glazing firm went under a few weeks back



batten down the hatches

Tell him to invest any money he has left in buy to let. You can't go wrong with that.






















Old 04 January 2008, 10:45 PM
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warrenm2
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Originally Posted by StickyMicky
pennine windows went under yesterday, knew a few people working at the head office, including a friends father who was on a decent 90k year
Maybe if they didnt pay such stupid salaries they wouldnt have gone under.......
Old 04 January 2008, 11:42 PM
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also not being funny, at 55 and on 90k ayear you say whats he going to do now? bloody retire i would think

mark
Old 05 January 2008, 07:53 AM
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Surely at £90k pa he would have saved something and not have a mortgage by now??
Old 05 January 2008, 08:03 AM
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Depends on whether he had a lavish lifestyle or not? You would have thought that common sense would have prevailed & he put something aside for retirement etc.

Many businesses are finding it hard nowadays. Sad fact, but true.
Old 05 January 2008, 09:00 AM
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Originally Posted by StickyMicky
his wife might have something to say about that

He could take her with him... But then they may well charge him "corkage"
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