British Prime Minister Gordon Brown will launch 500 million pounds to assist employment schemes to encourage enterprises to recruit in order to reverse the 30 years the most serious recession brought about by rising unemployment.
The prime minister's office issued a statement, referring to Brown with the business sector and trade union leaders after a meeting yesterday announced the hiring and training of unemployed people in half a year or more employers, issuing £ 2500 as part of a plan to increase employment attributed to the fact that more than half a year of unemployment, due to technical and confidence in and increase their risk of long-term unemployment, it will take for them to set up a new security and extensive support programs.
Deterioration of the Great Depression, the unemployment rate
Brown in November last year raised 20 billion pounds plan to revive the economy, mainly tax concessions. Economics and Business Research Center, pointed out that the UK economy or the contraction of 2.9 percent, will create the biggest recession since 1980, in which the number of applications for unemployment benefits has increased to nearly 200 million, a record in November the number of unemployed since 1991 the largest increase, to 1860000.
Federation of British Industry said that the British banks and the financial industry may be laid off this season up to 15,000 people, to help the occasion of the sharp drop in business confidence to reduce costs, which means that if the Government does not plan to introduce in time employment assistance, labor market will be further deteriorated.
Brown said that Britain will do everything in its power to prevent the global recession to develop into global recession and unemployment to prevent short-term evolution of long-term unemployed. "Wall Street Journal" quoted people familiar with the situation said that Bank of England
Government's involvement in the possible establishment of a fund to allow enterprises to the stock exchange of the debt owed to banks, to prevent enterprises from bankruptcy caused by rising unemployment.
Ernst & Young accounting firm pointed out that by the Great Depression of the most serious recession since the impact of last year, UK companies issued profit figures for the police is to a maximum of 2001, an increase of 17% to 449, mainly from the services and retail trade, business days do not fare any better this year attributed to the fact that banks are reluctant to lend and trading partners into recession, the credit market freeze and the continued deterioration of confidence is expected next 12 months, continued to brave the stormy sea.
German government stake in financial hardship of large enterprises
In addition, the German government Monday will launch a 2-year total value of 50 billion euros to stimulate economic plans, Chancellor Angela Merkel's Christian Democratic Union-owned leader said that the Government had agreed to expand the corporate rescue scheme, shares in any winding-up due to the credit shortage faced by large enterprises , the measures include a total value of 100 billion euros in Germany Fund, issued credit guarantees to help cash-enterprise bond issues, investment company plans to expand the total value of 500 billion euros the German bank rescue fund to the overall economy.
Original article reprint please specify: Reprinted from
http://chinasfinancial.blogspot.com
The prime minister's office issued a statement, referring to Brown with the business sector and trade union leaders after a meeting yesterday announced the hiring and training of unemployed people in half a year or more employers, issuing £ 2500 as part of a plan to increase employment attributed to the fact that more than half a year of unemployment, due to technical and confidence in and increase their risk of long-term unemployment, it will take for them to set up a new security and extensive support programs.
Deterioration of the Great Depression, the unemployment rate
Brown in November last year raised 20 billion pounds plan to revive the economy, mainly tax concessions. Economics and Business Research Center, pointed out that the UK economy or the contraction of 2.9 percent, will create the biggest recession since 1980, in which the number of applications for unemployment benefits has increased to nearly 200 million, a record in November the number of unemployed since 1991 the largest increase, to 1860000.
Federation of British Industry said that the British banks and the financial industry may be laid off this season up to 15,000 people, to help the occasion of the sharp drop in business confidence to reduce costs, which means that if the Government does not plan to introduce in time employment assistance, labor market will be further deteriorated.
Brown said that Britain will do everything in its power to prevent the global recession to develop into global recession and unemployment to prevent short-term evolution of long-term unemployed. "Wall Street Journal" quoted people familiar with the situation said that Bank of England
Government's involvement in the possible establishment of a fund to allow enterprises to the stock exchange of the debt owed to banks, to prevent enterprises from bankruptcy caused by rising unemployment.
Ernst & Young accounting firm pointed out that by the Great Depression of the most serious recession since the impact of last year, UK companies issued profit figures for the police is to a maximum of 2001, an increase of 17% to 449, mainly from the services and retail trade, business days do not fare any better this year attributed to the fact that banks are reluctant to lend and trading partners into recession, the credit market freeze and the continued deterioration of confidence is expected next 12 months, continued to brave the stormy sea.
German government stake in financial hardship of large enterprises
In addition, the German government Monday will launch a 2-year total value of 50 billion euros to stimulate economic plans, Chancellor Angela Merkel's Christian Democratic Union-owned leader said that the Government had agreed to expand the corporate rescue scheme, shares in any winding-up due to the credit shortage faced by large enterprises , the measures include a total value of 100 billion euros in Germany Fund, issued credit guarantees to help cash-enterprise bond issues, investment company plans to expand the total value of 500 billion euros the German bank rescue fund to the overall economy.
Original article reprint please specify: Reprinted from
http://chinasfinancial.blogspot.com
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