Today’s FT splashes on employment projections consultancy Oxford Economics is due to formally release tomorrow. The bottom line (or should that be headline?) is an estimate that more than 1 million jobs will go in the UK over the next two years.
There is more bad news from China in an article from the Daily Telegraph, which highlights the country’s difficulty in attracting countries and their companies to exhibit at the 2010 World Expo in Shanghai.
We like a good laugh here at SM and can’t resist a worthy cause either. So, we’re giving a plug for Red Nose Day today.
Geraint John, former editor of Supply Management, and now editor of our sister magazine CPO Agenda has started a new blog.
Here’s a new twist on procurement fraud: phoney procurement letters.
At SM we’ve seen the word procurement and its various synonyms cropping up more often in the national press.
Big firms are not the only one reining in their spending at the moment
I was slightly shocked not to see Robert Peston appear on the BBC 10 o’clock news this week.
Since the start of the economic downturn – even in the early days when we weren’t yet ready to say “recession” – two major issues have dominated; job security and developing supplier relationships. The former affects everybody personally and the threat of redundancies persists.
