Foreign Perspectives

Archive for the ‘Business’ Category

An awful lot of people are now taking it for granted that Greece will be parting ways with the euro later this year. The only question now seems to be whether it’ll be an orderly exit or a total fiasco. Either way, it seems sure to be something of a roller coaster ride for everyone.

But, whether or not Greece exits the euro, there remains the question as to what to do in the rest of Europe. There are just too many major economies in trouble and needing to grow their economies at the same time as cutting their deficits. One country trying to do one of those choices is difficult but several countries trying to do both simultaneously seems an incredibly unlikely prospect. The result seems likely to be a little of one, a little of the other and overall nothing much happening that’s in any way positive.

In the midst of this the European central bank president sees the future as him taking over the position of the central banker for all the Eurozone countries. That would have been the sensible way to go 10 years back when the euro began. Now it brings forth the vision of Bankia writ very, very large: not the merger of seven lame-duck regional banks this time to create one bigger failing bank but rather the merger of a number of lame-duck central banks to create one bigger failing central bank. Even if he had the time and there were the political inclination to do it, it seems just a means of postponing the inevitable break-up of the Eurozone and, just as the collapse of Bankia will be more painful than the collapse of the individual banks that created it would have been, the collapse of the super central bank would be much, much more painful than the collapse of one or two smaller ones would (will?) be.

Painful as it may well be, it would seem that the best way forward would be to recreate the drachma, lire, peseta and perhaps the punt.

Pension payments for all but the lowest paid in the public sector are going up (mostly doubling) and they’re going to have to work longer before they are entitled to the maximum pension. Surely it must only be right that the well paid public servants in secure jobs pay more for their gold plated pensions? Why should the rest of us pay for their pensions anyway?

The snag with public sector pensions is that the employer is the government so therefore, yes, the rest of us do have to pay for their pensions. Unless you’d rather that they get no pensions at all (in which case, I hope you don’t mind doing without schools, hospitals, etc.) then the government (ie taxpayers) must act as responsible employers and pay for those pensions. The other snag is that, unlike private sector pensions, the public sectors operate on a pay as you go system which means that the current workers pay for the pensions of the current pensioners or rather taxes do (that’s how the normal retirement pension operates too).

OK, so we should pay them a pension, but surely we shouldn’t be paying the well-paid public servants gold plated pensions? Actually, well-paid public servants are very much in the minority with a considerable number getting close to the minimum wage. Courtesy of a number of changes in recent years, that “gold-plating” is looking distinctly tarnished with three separate schemes being introduced over the last 10 years, the prior schemes being closed to new members and each new scheme being markedly poorer than the one before. The latest offering is a lurch towards an average salary rather than the current final salary scheme which will be a major, major drop in the pensions that people will be eligible for though, as usual with pensions, a magnitude of a drop that most people wouldn’t realise until it was far too late.

In some ways it could be a good thing. The net effect, for public servants who realise it, is that their lifetime earnings is being cut quite dramatically so it might encourage more to leave for the private sector. The only snag with that is that we need those public services that the people most likely to leave provide. On the whole, those most likely to leave would be the higher earners. Do you really want to have an exodus of teachers, nurses, etc.? What about the well-paid Whitehall people perhaps? Surely they can be done without? Certainly, if you’re happy to have poor advice given to the government on all kinds of matters, you could do without them.

Should you strike? Despite being what I’d say was one of the most right wing union representatives ever, I think, yes, this is a time to show that you support your union negotiators.

Should you support the strike as a taxpayer? I think yes too as it’s really going to impact on the quality of public servants and hence public services that you get over the years to come.

We’ve been offering free listings for holiday accommodation for over seven years now with quite a few changes to what we offered over that time.

Initially, we did the site by hand, taking in emails with the text and a photo then adding the property to what was then a simple list. That worked just fine ’til we got over 50 properties when it started to become a bit of a chore to keep up with the growing number of updates. That’s when we moved to the original database driven version of the sites (which had become plural by then) with a rise in the amount of text and the number of photos. As the years went on, we filled out the sites by offering more options for text and photos and variations on how we presented them with the general aim of producing a professional site but without the cost overheads. Depending on how you count them, we’re now on the fourth or fifth version of the site and possibly the sixth if you count the Android version that we’re trialling out at the moment.

One problem that we have which fully commercial sites don’t is that we need people to upgrade their entry now and again as we implement new facilities on the sites. Most noticeable is the resolution of the photos where we’ve moved from 150 pixels wide to 500 pixels at the moment yet still have some of the early properties using photos at the original low resolution. However, we’ve added heaps of sections from room descriptions, through local attractions to GPS co-ordinates which also need attention. We do prompt people to update their entry in our, slightly irregular, newsletters but it’s an uphill battle: people won’t update their entry without receiving more bookings yet they won’t get the extra bookings without updating their entry!

Along the way we’ve grown from the initial band of 20 property owners to six or seven thousand across the various sites. Although the original game plan was to offer totally free listings, we were prompted by a number of owners to add a charge. No, really! They felt that “free” meant that the listing had no value and there are a number of people who feel that way if the quality of the adverts we receive when we mention “free” is anything to go by. What we do these days is to say that it costs £40 or so but that there’s a free trial period. In practice, our listing is actually better than free as we do a free SEO review of your own website and we tidy up your entry so that it’s well presented on our sites. That free SEO review has been enough to increase the traffic on a fair number of sites around 30 fold so it’s definitely worth having!

The timing of the arrival of the adverts is still confusing though! I would expect them to turn up when the properties aren’t that busy so in principle we should have had next to no new entries over Easter but we received a good deal more than we normally do and pretty high quality entries at that too.

One big advantage that we offer over commercial sites is that all the development work is in-house.  The effect of that will be increasingly clear over the coming year or two as we will be rolling out a series of updates. Commercial sites generally contract out their development work and therefore only update their sites every three to five years. In principle, that should mean that we will gradually overtake more and more commercial sites in the markets in which we operate. For example, we’re in the process of writing a native Android app that would ordinarily cost around £15,000 or so which is a lot of money even for fairly large listings sites.

What’s been particularly sad to see over the last year is the massive rise in the number of people dropping out of the business. For us the drop out rate has historically been tiny but it’s around ten times the normal rate over the past year or so. Equally sad is the jump in the number of listings sites which have ceased operations: up from one to over 20 in a year.

With starting the new job the week before Easter, this is my first week of work holidays in over eight years!

As we normally do, it was off to Portrush on Easter Monday. Usually, there’s a mass of traffic along the way, a traffic jam a mile or two long going into the town, pretty much nowhere to park, wall to wall crowds everywhere regardless of the weather and no money in the cash machines. This year the traffic seemed a bit light on the way up, there was no traffic jam at all, loads of parking spots even quite close into the town, hardly any crowds and money in the cash machines even in the late afternoon as we were leaving. We didn’t even have to queue in the café and there was next to no queuing in Barry’s either. Methinks that Portrush is going to have a tough time financially if they can’t fill up even on Easter Monday.

Ongoing throughout the holiday has been the assignment for SD329 a biology cum psychology course that runs through to October. Although it was very much a last minute thing, it was a much easier assignment than the chemistry one which I’ve been ruminating over for weeks. I wasn’t too keen on the breakdown of every section of every question into a specific word count but it did prompt me to write a little more on some questions than I otherwise would have done which, hopefully, will improve the marks. Anyway, it’s off so it’s just the final chemistry question to complete tomorrow.

I came across a neat site which converts any website into an Android application so I’ve put on four trial ones. They look fine on the ASUS tablet but I’ll need to rejig the style sheet a bit to tidy up their appearance on Android phones. I may need to get myself an Android phone to really try them out too. No downloads as yet but then they’ve only been on a couple of days.

The materials for the Infectious Disease course arrived yesterday. No big surprises there as I picked up a copy of the pre-course briefing last year. I’ll have to get going on reading it properly soon as I want to get that well underway before I need to start the chemistry revision and indeed the pre-course work for the chemistry summer school for that matter. Oh, and the two assignments that’ll fall due in the midst of that revision time too. It’s going to be a hectic time for me in May and June.

The last couple of months have proved to be a very hectic time indeed.

The web design course finished at the end of February and turned out to be far more helpful than I could have imagined. What it let me do was to implement a massive upgrade to the inns sites and alongside that to similarly improve the SEO. Both tasks are still ongoing but only because the initial upgrade made it a whole lot easier to implement subsequent improvements. That in turn has made it viable to really ramp up the promotion of the sites and we’re pulling in new additions pretty much as fast as we can cope with them.

Following on from that course there’s a placement with a web company. In my case, it turned out to be what was seemingly the perfect job for me, aside from the salary. Unfortunately in many ways a full-time job came up just a couple of weeks after I started there so I was off to that at the start of April. Not nearly such an inspiring job but the pay is welcome.

In between the two we managed to finally get around to our major moving exercise from France. Somehow our estimate of half a Luton van of stuff (which we took from the photos taken when we first arrived in France) was way off and not only did we have pretty much a full Luton van but also a very packed car and still need a final car-run to clear out what we had to leave behind.

The job is causing a major readjustment for us all. For John, it’s the first time in his life that Daddy hasn’t been around all day every day for him. James is nearly as bad as he was only two when we moved to France. It’s an adjustment for Wendy too as I’m not around to look after the kids. And for me, notably in the study time which just ain’t there which is going to make the next few months very difficult indeed as the study doesn’t drop down to part-time until September.

To easy us in a little, I’ve taken the Easter week off which, hopefully, will give me a chance to catch up on some things.