Tag Archive: economy


Post Grad Movie – Depressingly Apt?

Before you watch this trailer I want to remove any pre-conceptions that just because I’ve blogged it that this film might be any good; it looks exceptionally average. Having said that, watching the start of the trailer in which a girl graduates from university and finds herself unable to find a job and everything seems to go wrong.. yeah.. good old reality!

As a third-year under-grad who’s just taken his final exam and is in the midst of a 10,000-12,000 word dissertation, the day of graduation is looming and the glorious state of our current economic climate does not bode well in terms of employment for someone with half a degree in Marketing and the other in American Studies. Am I really meant to put my career on hold because the banks have been playing with crystal balls and monopoly money? Maybe my university will decide that Keele needs to employ someone to run KUBE as Station Manager alongside the KUBE President.. I dare to dream.

Darling Cuts VAT from 17.5% to 15% Starting Monday

FT VAT Brown

I’m currently watching the Pre-Budget report on the BBC News website and Alistair Darling has announced that VAT will be cut from 17.5% to 15% starting on Monday until 2010. Government borrowing will rise to £78bn this year and £118bn next year saying that/ doing nothing would create a “deeper and longer recession”.

I’m sure this is great for the shops; I’m sure that £9.99 DVD isn’t going to go down to £9.74 so their profits just go up by 2.5% hooray for shops! On the bright side though, the price of jaffa cakes isn’t going to change since they’re not charged VAT in the first place, being cakes and all.

The real question is; are you going to spend, spend, spend? Go on.. buy the new MacBook Pro; it’ll save the economy.. and you’ll save 2.5% :P