By 2007, Norwich Union will have more employees in......
By 2007, Norwich Union will have more employees in......
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Discussion

iandbeech

Original Poster:

2,709 posts

288 months

Monday 5th December 2005
quotequote all
....India than the UK. I wonder if they will reflect this with their name - Delhi Union perhaps?

Plotloss

67,280 posts

300 months

Monday 5th December 2005
quotequote all
Cowardly garcons?

Cant say I blame NU really, what with people comparing companies on a price basis only.

The UK consumer will realise, probably when its all a bit too late...

axeman30

9,325 posts

257 months

Monday 5th December 2005
quotequote all
First heavy industry went, then light industry went, then we lost textiles, then assembley plants, now call centres are going...... all were going to have left soon are public sector workers and prostitutes.

Plotloss

67,280 posts

300 months

Monday 5th December 2005
quotequote all
axeman30 said:
First heavy industry went, then light industry went, then we lost textiles, then assembley plants, now call centres are going...... all were going to have left soon are public sector workers and prostitutes.


Previously a nation of shopkeepers now a nation of consultants, accountants and lawyers.

Luxury capital of the world!

yertis

19,725 posts

296 months

Monday 5th December 2005
quotequote all
axeman30 said:
First heavy industry went, then light industry went, then we lost textiles, then assembley plants, now call centres are going...... all were going to have left soon are public sector workers and prostitutes.


Yes - what do we actually do in this country these days?

And once the chinese buy up all the oil we're screwed.

I'm going to invest in hay.

axeman30

9,325 posts

257 months

Monday 5th December 2005
quotequote all
Plotloss said:
axeman30 said:
First heavy industry went, then light industry went, then we lost textiles, then assembley plants, now call centres are going...... all were going to have left soon are public sector workers and prostitutes.


Previously a nation of shopkeepers now a nation of consultants, accountants and lawyers.

Luxury capital of the world!


"consultants, accountants and lawyers" yes that's what I said 'prostitutes'

>> Edited by axeman30 on Monday 5th December 16:33

Jaglover

46,808 posts

265 months

Monday 5th December 2005
quotequote all
axeman30 said:
First heavy industry went, then light industry went, then we lost textiles, then assembley plants, now call centres are going...... all were going to have left soon are public sector workers and prostitutes.


Outsourcing is not something to be feared but welcomed.

There is no difference between offshoring unskilled manufacturing or service jobs.

axeman30

9,325 posts

257 months

Monday 5th December 2005
quotequote all
Jaglover said:

Outsourcing is not something to be feared but welcomed.


Only if we had something to replace the lost jobs with, which we don't.

Jaglover

46,808 posts

265 months

Monday 5th December 2005
quotequote all
axeman30 said:
Jaglover said:

Outsourcing is not something to be feared but welcomed.


Only if we had something to replace the lost jobs with, which we don't.


As you already mentioned the financial services sector is booming in this country.

What is needed is an improvement in our education system, because we can no-longer afford to churn out hundreds of thousands of virtual illiterates each year, the jobs are not there for them anymore.

JonRB

80,087 posts

302 months

Monday 5th December 2005
quotequote all
anonymous said:
[redacted]
You ain't seen me, roight?

axeman30

9,325 posts

257 months

Monday 5th December 2005
quotequote all
Jaglover said:
axeman30 said:
Jaglover said:

Outsourcing is not something to be feared but welcomed.


Only if we had something to replace the lost jobs with, which we don't.


As you already mentioned the financial services sector is booming in this country.

What is needed is an improvement in our education system, because we can no-longer afford to churn out hundreds of thousands of virtual illiterates each year, the jobs are not there for them anymore.


I think that's more media spin that reality JL. The FSS is largely confined to the SE, and although it's something that we have always done well it employs fewer and fewer people, and of those that are employed certainly in London, fewer and fewer are permanent UK residents. I can't think of a bank that isn't looking at offshoring IT and back office functions. The remaining FO jobs are well paid but few in number.

Jaglover

46,808 posts

265 months

Monday 5th December 2005
quotequote all
I think it now accounts for well over 30% of the Uk economy.

chilli

17,320 posts

266 months

Monday 5th December 2005
quotequote all
Jaglover said:
axeman30 said:
First heavy industry went, then light industry went, then we lost textiles, then assembley plants, now call centres are going...... all were going to have left soon are public sector workers and prostitutes.


Outsourcing is not something to be feared but welcomed.

There is no difference between offshoring unskilled manufacturing or service jobs.




Haven't NatWest just relocated their call centeres back to the uk? I'm sure I heard a few others corps had done as well, as the level of service just ins't as good....Maybe it will be in a few years, but the difference could never be expected to be "un-noticable", initialy. My 'ol man rang up the congestion charge helpline to determine if Tower Bridge Road was included or excluded from the congestion charge...The response...."Is Tower Bridge Road in London?"

axeman30

9,325 posts

257 months

Monday 5th December 2005
quotequote all
Jaglover said:
I think it now accounts for well over 30% of the Uk economy.


and 50% ( or more ) is the public sector.

But the removal of industry from the UK has had the effect of exaggerating the importance of the service sector in % terms. It is what has been referred to repeatedly as a "dangerous imbalance" in the UK economy.

That 30% is easily lost. Financial firms are highly mobile (relatively). And if Brown proceeds with his plans to impose a windfall tax on banks in the UK, we may well see just how mobile they really are.

Jaglover

46,808 posts

265 months

Monday 5th December 2005
quotequote all
Interesting enough I read that in terms of the volume of production the American Manufacturing sector is the largest it has ever been.

It has sharply declined as a share of the economy due to rapid productivity growth which has reduced both the price of the product and the employment needed to generate it.

Why should such advance be halted?

chilli

17,320 posts

266 months

Monday 5th December 2005
quotequote all
Jaglover said:
Interesting enough I read that in terms of the volume of production the American Manufacturing sector is the largest it has ever been.

It has sharply declined as a share of the economy due to rapid productivity growth which has reduced both the price of the product and the employment needed to generate it.

Why should such advance be halted?


I don't think it should. I also think it is unavoidable as it's a result of evolution and increased efficiency.

superlightr

12,920 posts

293 months

Monday 5th December 2005
quotequote all
Plotloss said:
Cowardly garcons?

Cant say I blame NU really, what with people comparing companies on a price basis only.

The UK consumer will realise, probably when its all a bit too late...


I had good service from Norwich Union Direct a few months back. (as well as being competitivly priced)

polus

4,343 posts

255 months

Monday 5th December 2005
quotequote all
Jaglover said:
axeman30 said:
First heavy industry went, then light industry went, then we lost textiles, then assembley plants, now call centres are going...... all were going to have left soon are public sector workers and prostitutes.


Outsourcing is not something to be feared but welcomed.

There is no difference between offshoring unskilled manufacturing or service jobs.



But where does it end?

So we out-source those... then companies decide it’s cheaper to train and employ Indian people to do research and design as well. Out economy will be in shreds except for the financial services and how long before that’s eroded as well?

And on the original topic I’m sick to death of foreign call centres and there incompetence. So much so that if I ring HSBC and get a foreign call centre I hang up and try again.

timc930

56 posts

258 months

Monday 5th December 2005
quotequote all
polus said:
Jaglover said:
axeman30 said:
First heavy industry went, then light industry went, then we lost textiles, then assembley plants, now call centres are going...... all were going to have left soon are public sector workers and prostitutes.


Outsourcing is not something to be feared but welcomed.

There is no difference between offshoring unskilled manufacturing or service jobs.



But where does it end?

So we out-source those... then companies decide it’s cheaper to train and employ Indian people to do research and design as well. Out economy will be in shreds except for the financial services and how long before that’s eroded as well?

And on the original topic I’m sick to death of foreign call centres and there incompetence. So much so that if I ring HSBC and get a foreign call centre I hang up and try again.



www.illwillpress.com/tech.html

GavinPearson

5,715 posts

281 months

Tuesday 6th December 2005
quotequote all
Jaglover said:
axeman30 said:
First heavy industry went, then light industry went, then we lost textiles, then assembley plants, now call centres are going...... all were going to have left soon are public sector workers and prostitutes.


Outsourcing is not something to be feared but welcomed.

There is no difference between offshoring unskilled manufacturing or service jobs.



With all due respect, you are talking tosh.

If you source manufacturing abroad, the likelihood is that they will purchase all their manufactured goods and services locally, rather than from Britain.

If you source a call centre abroad, they buy phones and computers but little else of value. The net loss to the British economy is far lower.