macroban

Yes, I was around in the last real recession which ran from roughly 1978-1982 whatever the "official" statistics say. What came since were just minor blimps. 1978-1982 was difficult to manage but we got through without me making any staff redundant. This one does not smell quite the same as 1978-1982. It has some striking similarities to the 1946-1954 austerity too. At present it seems that young people are maintaining their lifestyle and consumerism by increasing their unsecured debt (still increasing rapidly until people hit their multiple credit limits), not saving (savings ratio lowest since 1956), and drawing down on savings (cashing in policies, ISAs and suchlike). Some are said to be paying their mortgages with their credit cards. It may be true that there is a very sharp learning curve coming. My peer group have a tendency to try and save more in these circumstances. It may be only a few pounds here and a few pounds there and the savings will attract negative interest rates.

The current financial state of the Waitrose "arm" is interesting. Investment in their current financial year seems to be limited to a minimal (?6.7m) refurb of existing premises. They see a strategic need to move into the smaller convenience store format, but with the parent bleeding cashflow it is difficult to see where the funding would come from.

Has anyone been resident long enough to remember when we had a Tesco on Lordship Lane?

Ocado has been making huge losses for the last eight years and was just about to break even when the recession hit. This service may not survive. Foxtons sales are running at under 50% of the 2008 business plan. This service may not survice. I would not be buying shares in London Scaffolding, which had a near monoploy for East Dulwich loft conversions.

Now is this clever or downright dangerous? What if it had been a malicious PHP script? Does EDF Admin need to review security?

> f.f.r.r. Mono?

> 240 v at 50 Hz Not anymore. We've been metricated.

The reinstatement of the East Dulwich Station Ladies' Rooms, Waiting Rooms, coal fires in winter, and toilets would be great.

That "definition" is downright silly. Illustrative GDP index: Q1 100 Q2 97 Q3 98 Q4 95 Q5 96 No recession. Right?

Griddle me this. Is there a saturation point for East Dulwich eateries? Do we get to the point where a new one opens, is willing to run at a loss for a couple of years to get established (depreciation of refurbishment costs will take at least this long), this takes away the marginal sales (where the net profit lies) of a couple of established restaurants which then have to close.

She's another person who has bought Bulgarian property.

So, the Bombay Bicycle Club may be up for sale. I don't think they'll get the asking price of ?10m.

Newspaper article here.

Don't like "Base 16"? Get rid of your PC.

Foxtons again.

The Sun managed to get a photo.

Over the years my 16oz tin of baked beans has shrunk from 454g to 425g.

Somerfield sometimes do illegal prices too.

> Barry Road near Etherow Street is built over a small river/stream Oh well, I guess there's a place for local myth and legend.

An educated friend tells me this is following the K?bler-Ross model.

Interesting Wikipedia article touching on this subject.

Good photo. I think it confirms that there are now two railway bridges in place after the single Victorian bridge was replaced. This should enable one line working when there is an incident like this.

Goodbye Dulwich Hamlet football ground?

Alliance & Leicester next?

A secondary meaning which is probably being used in this context.