Archive for the ‘Property’ Category
Judy Viitanen on Twitter@JVPRimage
Friday, March 19th, 2010Posted in Advertising, Alternative therapies, Blogging, Business, By the way, Children's Health, Communications, Conferences, Consumers, Crime, Economy, Education, Employment, Environment, Europe, Event Management, Family, Financial, Food and diet, Healthcare, Humour, Leisure Market, Lifestyles, Market Research, Marketing, Media, Men's Health, NHS, News Bytes, PR, PRimage press releases, Pharmaceuticals, Pharmacy, Political Scene, Property, Public Affairs, Publishing and Literature, Retail, Social Issues, Tourism, Transport, Travel, Twitter, USA, Uncategorized, Web Links, Women's Health | No Comments »
PRimage applaud Tory pledge for shake-up of power!
Tuesday, May 26th, 2009
Judy Viitanen was heartened to read news reports this morning that the Conservative leader, David Cameron, has promised to deliver a dramatic and much needed redistribution of power in response to voter anger and disgust at the scandal of MPs expenses. Writing in the Guardian, he calls for a shake-up in the way Britain is governed. He says: “I believe the central objective of the new politics we need should be a massive, sweeping radical redistribution of power. From the state to the citizens; from government to Parliament; from Whitehall to communities. From the EU to Britain; from judges to the people; from bureaucracy to democracy. Through decentralisation, transparency and accountability we must take power away from the political elite and hand it to the man and woman in the street.”
PRimage believes that Cameron’s vision and pledge will resonate with the vast majority of the electorate ….. ‘Bring it on’ we say! What’s your opinion? Please post a comment with your views.
Posted in Blogging, Business, By the way, Consumers, Crime, Economy, Education, Employment, Environment, Europe, Family, Financial, Lifestyles, Political Scene, Property, Public Affairs, Social Issues, Transport | 1 Comment »
PRimage supports calls for small businesses to have a say on how their taxes are spent
Wednesday, January 28th, 2009Judy Viitanen and the PRimage team agree with concerns voiced by the Federation of Small Businesses (FSB) that the incoming Business Rate Supplements Bill will impose extra tax burdens on businesses. In our view, they are totally justified in lobbying for a series of amendments to soften the blow of the legislation. As a former District Councillor, Judy has first hand experience of local Government finance and business rates. She believes that small businesses must have a say on all projects to be subsidised by a tax brought in by the Business Rate Supplements Bill. This is crucial during the current recession - and if small business owners do have to pay this supplement they should have a say on where it goes. There is strong support for this money to be ring-fenced for economic development rather than to shore up Government infrastructure projects and local council budgets!
We want to hear the views of other small businesses on this important issue - so please post a comment! Watch this space …
Posted in Business, By the way, Economy, Financial, Political Scene, Property, Public Affairs, Retail, Social Issues | No Comments »
New Delhi Pharmacy most expensive commercial space in the world!
Monday, January 26th, 2009Scanning the weekend papers yesterday, PRimage MD Judy Viitanen read that an unidentified businessman has secured the lease on a New Delhi 11ft by 11ft pharmacy for £18,000 rental per month – making it the most expensive rental space in the world!
Why is the rental cost so high? It’s because of the pharmacy’s location between India’s most famous hospital – the All-India Institute of Medical Sciences, and the country’s biggest hospital, the Safdarjang … neither of which supply medicines to their patients. It seems that a pharmacy in the location would have an estimated annual turnover of more than £1million per year! It all makes sense now!
Posted in Business, By the way, Economy, Financial, Healthcare, Pharmacy, Property, Retail, Social Issues | No Comments »
PRimage on Pre-Budget Report
Sunday, November 23rd, 2008In this period of economic gloom, Judy Viitanen believes that tomorrow’s Pre-Budget Report will be the most significant financial announcement from the Labour Government in their 11 year tenure. With companies and consumers feeling the impact of the credit crunch and looming recession, PRimage has a raft of hopes and concerns about what is needed from the Chancellor to keep the UK economy moving.
We understand that a total package of up to £20 billion is expected in the Pre-Budget Report - and the Chancellor may take the opportunity to help the depressed property investment sector with an easing of the stamp duty rules for property investment funds, and he will also include measures which will come to the aid of the high street and manufacturing industries. Judy feels that that the much touted temporary cut in VAT - from 17.5% to 15% - would go a long way towards increasing consumer confidence and encourage spending by putting some extra pounds into people’s pockets.
Judy also believes that because it is clearly the poorest families who need most help during the economic downturn, urgent action - such as tax cuts - is required to keep ordinary people in their jobs and homes. She also believes that it is vital that older people receive the financial help they need - especially to help with winter fuel. Fuel cost issues are at the top of older people’s concerns!
Posted in Blogging, Business, By the way, Consumers, Economy, Employment, Family, Financial, Food and diet, Healthcare, Lifestyles, Political Scene, Property, Public Affairs, Retail, Social Issues | No Comments »
Economic gloom continues … PRimage comment
Monday, November 10th, 2008More gloomy economic news this morning: in our reading of today’s news, PRimage notes that a survey from PricewaterhouseCoopers suggests that high streets may be barren after the recession - it seems that one in five shops could be ‘void’ by the time that the economy picks up again. And according to the British Retail Consortium UK consumer confidence has fallen to a new low …. what a suprise!
Further ‘bad news’ on the employment front, with new reports suggesting that UK employers are becoming increasingly gloomy about job creation in the current climate, and that unemployed adults with no children have fallen “ever further behind” the rest of society
Posted in Blogging, Business, By the way, Consumers, Economy, Employment, Family, Financial, Lifestyles, Political Scene, Property, Public Affairs, Retail, Social Issues | No Comments »
Blood on the floor in the money markets! PRimage comment
Tuesday, September 30th, 2008Like many people around the world, Judy Viitanen is alarmed at today’s market carnage after ‘Paulsen’s Plan’ - the $700 billion bail-out to save the global financial system from potential collapse - was rejected by US politicians. The rescue plan - the result of tense negotiations between the US government and lawmakers - was voted down by 228 votes to 205 votes Leaders in the U.S. House of Representatives say they will reconvene on Thursday instead of adjourning for the year as planned. PRimage view is that it’s going to be an interesting week on both Wall Street and Pennsylvania Avenue!
The immediate repercussions have been seen on the stock markets. The Dow Jones index fell 777 points, a fall of 7 per cent and the biggest drop in a day ever recorded, and the the Nasdaq index fell 9.1%, while markets in Asia and Europe have also seen heavy losses. There were also large falls in the price of oil and the value of the dollar - all of which is likely to cause an expensive headache for some investors! As we have commented before, this whole financial fiasco and debacle has come about mainly because of the social engineering policies which decreed that banks had to lend to people who could not afford home loans!
A key problem is that all this havoc will mean that it will be harder for individuals, small businesses and large firms to get the loans they need - and more costly if they do manage to get access to finance.
PRimage was pleased to see that the Conservative leader David Cameron has acknowledged that the economic crisis is overshadowing his party’s conference in Birmingham - and that both Cameron and shadow chancellor George Osborne are expected to make an unscheduled conference appearance to discuss the crisis. On Breakfast TV this morning he said: “What is happening in the global economy, what is happening with financial institutions and financial markets, and also what is happening in people’s family budgets, that is more important than anyone’s conference and I think that is important to recognise.” We agree!
What’s your view on the current crisis of confidence within the global financial system?
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Posted in Blogging, Business, By the way, Consumers, Economy, Employment, Europe, Family, Financial, Lifestyles, Political Scene, Property, Public Affairs, Social Issues | No Comments »
Meltdown Monday: PRimage on Wall Street’s Woes
Tuesday, September 16th, 2008The repurcussions of the demise of the 158-year-old Lehmans US bank continue to be felt across the world: gobal stock markets have tumbled after ‘meltdown Monday’ and thousands have lost jobs. Judy Viitanen has read that Lehmans had 35 times debt to equity! … unbelievable! The ‘lethal loans’ of the sub-prime market scenario in the States has led to this biggest shake-up on Wall Street in decades and it is frightening to see investment banks like Lehmans going down like nine pins and plunging markets into turmoil. And now it seems that the future of American International Group (AIG), once the world’s largest insurer, is in doubt. Their shares have plunged 54.6% as fears grow over its financial future. AIG is under pressure to raise capital after posting three quarterly losses in a row totalling $18.5bn (£10.3bn).
In the UK the Stock Market slumped by 200 points yesterday; and HBOS shares have been battered, with questions about their practices of shortselling. There are rumours that Barclays is in talks with Lehman Brothers to buy its core U.S. broker-dealer businesses, including equity, fixed income, M&A advisory and other parts.
In our view, big lenders should stop believing that they can be bailed out! PRimage is relieved to hear that Chancellor Alistair Darling says action is being taking to tighten up the UK’s financial system to prevent further bank crises. Let’s hope that the circle is squared on this! Watch this space …..
Posted in Blogging, Business, By the way, Consumers, Economy, Employment, Financial, Political Scene, Property, Public Affairs, Social Issues | No Comments »
PRimage reflect on turmoil in the financial markets and warnings on UK recession …
Monday, September 15th, 2008We’re living through turbulent times at the moment: with Wall Steet in shock as Lehman Brothers announces bankruptcy, and the Fed and major global banks are in moves to shore up the global markets shaken by the housing and mortgage crisis. There’s also news this morning that the Bank of America is in advanced talks to acquire Merrill Lynch for up to $38 billion (£21.2 billion) after walking away from talks over a rescue of Lehman Brothers.
Judy Viitanen has read a new warning this morning of the looming UK recession - with the CBI saying the economy is set to shrink over the next six months. The business lobby group predicts the economy will contract by 0.2% between July and September. That will be followed by a further 0.1% decline in the fourth quarter. The organisation also slashed next year’s UK growth forecast by 1%. It said the economy would grow by a “feeble” 0.3% during the whole of 2009. That is the lowest rate since 1992. The CBI also warned that unemployment would top the two million mark next year, up from 1.67 million out of work between April and June.
To compound this extreme instability in the global financial markets, there’s evidence that all these recession forecasts and fears are battering business confidence. The latest Lloyds TSB Business Barometer shows that business confidence in the future of the economy is willowing towards an all-time low. It appears that 53 per cent of firms are pessimistic about the future of the economy, while 20 per cent are optimistic. Across the sectors, distribution firms report the weakest confidence levels, while firms in the service sector have slightly better hopes.
Posted in Blogging, Business, By the way, Communications, Consumers, Economy, Employment, Europe, Financial, Lifestyles, Market Research, Political Scene, Property, Public Affairs, Social Issues, Uncategorized | No Comments »
Inflation set to soar = bad news for all, say PRimage!
Tuesday, August 19th, 2008In recent days PRimage has read consistent reports predicting that UK inflation levels are set to soar: last week there was news that a record surge in the cost of goods leaving factories reinforced expectations headline inflation will leap over the summer; and now the Bank of England predicts 5% plus inflation. It has conceded inflation is likely to remain well above target during the near future in its quarterly inflation report. Let’s hope that business and households don’t once again have to cope with the repurcussions of soaraway inflation!
Posted in Blogging, Business, By the way, Consumers, Economy, Employment, Environment, Family, Financial, Lifestyles, Property, Public Affairs, Retail, Social Issues | No Comments »