Wednesday, 3 November 2010

And it’s… – sign of the times (11)

Woolworths bit the dust back in January 2009, closing the doors on the final 200 stores and making over 27,000 people redundant. So I’ve been waiting to see what would come to occupy the prime site in Chelmsford High Street. Well the shiny new business has finally been unveiled and it’s… another bank!

It is somewhat ironic that the only businesses that seem to be booming at the moment, making huge profits and paying out massive bonuses, are the very companies that helped land us in a recession. So while hospital wards are closed; businesses struggle to get loans and investment; families plead for mortgages; teachers are laid off; welfare benefits slashed; tuition fees hiked; never mind because money continues to make money.


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