So Friday's release of UK Q3 figures came as no surprise. Perhaps slightly under-estimated on the downside. All the island needs is another contraction in the Q4 to "officially" enter recession. But most has come to realise that UK is already in recession and just waiting for the official numbers to be published in January to confirm an on-going fact is almost a worthless act.
Is the cold numbing my senses and delaying my assessment of the economy? I don't (touch wood) feel any unease about my current job and has been fielding questions from recruiters asking if I am interested in a move elsewhere. The weekly lunch at Sri Nam has not been cancelled. I have also added more ingredients to my daily cooking recipes.
But if I were to take a CLOSER and REAL look, I could already be experiencing the effects of a recession in my life. I may be adding more exotic dishes, but I am cooking/eating at home on most days instead of take-away or dining-in at restaurants. I have started bringing my 3-in-1 Milo sachets to office instead of enjoying the £1.55 mocha and £1-two-slices-of-peanut butter-bread which I DID enjoy on a daily basis. And I have also turned to having fruits for snacks (which is a healthier option than crisps and chocolate). Seeing the lunch crowd in Canary Wharf, it's either more people are exercising in the park to skip lunch or I need a new pair of glasses to see the "missing shoppers/diners".
This morning, for the first time in three years, I went to Billingsgate Market. A fish market just across the road from my place and UK's largest inland fish market. 4kg of haddock for £28, 2 kg of scallops for £12 and more other fishy stuff...
No wonder John Lewis and Waitrose are complaining...
Saturday, October 25, 2008
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