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In such economic times the recession has had an impact on us all, whether it has been from an employment to savings, we have all seen the impact of the catastrophe of the financial market, through its naive investments in the American sub-prime housing market, and a question we are all asking is who ruined Britain?

Cheltenham has not gone unharmed with many redundancies in Cheltenham from employer s such as Smiths Industries, Dowtys, and Woolworths, Renishaw in nearby Stonehouse and not to mention the threat of another 900 jobs at the Cheltenham and Gloucester, with their head office just outside Cheltenham, who now appear to be reconsidering their options. Cheltenham & Gloucester staff has been given a ray of hope after its new owner Lloyds has made a u-turn on its decision to close all 164 C&G branches, which would have brought nearly 900 job losses. It is now reviewing the planned closures, but have not yet given further details of what would happen to jobs and branches further in the future.

One of the major employment industries in the area is agriculture, which although it has had a better harvest than the previous two years is still struggling, as retailers are demanding cheaper and cheaper prices for their produce during such hard economic times. This in turn has also reflected in more workers in agriculture losing their jobs and farmers having to work harder and harder just to survive in such economic times.

One area where companies are faring better is in the small to medium size private companies, who can control their finances and have the flexibility to make changes to accommodate the current financial climate, providing they are not solely reliant on bank funding which is still proving hard to come by for many small companies.

More and more people are increasingly looking online for job opportunities online such as Activ Cheltenham and even the possibility of working for themselves, there are an array of new opportunities out there just waiting to be explored and many can be achieved for very little investment.

Cheltenham Borough council are offering extra funding to help small – medium size companies and new start-up companies. Gloucestershire Media Group, has been supporting, developing and promoting the creative media sector in Cheltenham and the county for the past 5 years, funded by Cheltenham Borough council. The group is a network for creative businesses and individuals and start-up businesses that are looking to grow, it currently has over 700 members, and is growing twice as quickly as any other sector in the South West, it delivers initiatives to help the sector grow and develop to increase sales in the recession. Free industry-led training is also on offer.

To improve the image and as a unique showcase the Olympic swimmer Sharon Davies will present an event titled the ‘GMG Village Fayre’ on 18th September 2009.

With general unemployment rising, the jobseeker count in Gloucestershire actually fell by 169 from mid June – mid July. It is said that private companies in the area are starting to recruit again, but in the public sector are starting to make cuts with a squeeze on jobs in councils, hospital, universities, the MOD.

GCHQ is a largest employers in Cheltenham for the UK’s intelligence and security, and is predominantly IT based, is recruiting for new phases in its procedures.

Cheltenham Borough Council has provided an extended range of services and business support for Cheltenham business. These include training, Business Pride grants, Business networks, Events, Cutting costs, Volunteering, Hester’s Way OutReach Programme, and start up programmes.

With many areas of the economy affected by the recession, there are a few careers which are expected to remain unaffected by the recession. These are: Education and Training, Healthcare and Pharmaceuticals, Energy and Utility, Law and Order, Technology, the government sector, environmental services and the skilled services. This is not to say any job in this area is recession proof, but it may be less likely.

Cheltenham retail sector although it has seen a drop in sales over the same period last year ha s actually fared well with few retail closures in the town centre compared to many town centres across Britain, leaving the remaining shops struggling, as visitors look to shop elsewhere, where there is more on offer.

Marks & Spencer in Cheltenham is opening a new branch in September in Kingsditch Retail Park creating 45 new jobs in the town.

Cheltenham has seen more than its fair share of job losses already, but as the economy picks up and the property market starts to move as it is beginning to show signs of in this area, confidence will grow. Property in Cheltenham and the Cotswolds has held its price well compared to other parts of the country and the economy in Cheltenham is set to make a good recovery, but it could still be some time before it is back to anywhere near where it was before the recession hit.

In China, many consumers misunderstand the tire retreat industry. For example, they hold that it is unsafe to use the retreat tires; the retreat tires do not wear resistance, drive fewer mileages and unsuitable to the high temperature etc. Besides, partial Chinese media report the tire retreat industry untruly, such as small workshops, illegal operation, time bomb and sudden huge profits etc. Under the influences of these factors, Chinese tire retreat industry has showed the slow development tendency for more than 10 years.

For the pollution and recycle utility of the old and scrap tires, China is short of corresponding regulations and policies at present. On the one hand, the mass burning and deserting the old and scrap tires will cause serious environment pollution. On the other hand, the mass burning and deserting the old and scrap tires will result in the serious raw material shortage for Chinese old and scrap tire processing enterprises.

Although the financial crisis affects the global economy, yet it is an opportunity for Chinese tire retreat industry. John. Liu, an analyst in the rubber and tire industry of China Research and Intelligence, holds that more consumers will tend to choose the economical retreat tires under the influences of international financial crisis. Besides, the influences of the international financial crisis on Chinese tire retreat industry will be a wide range. Some small tire retreat enterprises will be closed down because of the backward technologies and poor operation capacity. Some strong tire retreat enterprises, especially the affiliated tire retreat enterprises of the tire manufacturers, however, will develop fast. The concentration of Chinese tire retreat industry will be enhanced. 

Chinese tire retreat enterprises have two major operation models: first, the tire retreat enterprises purchase the old and scrap tires and then sell then after retreat; second, the tire retreat enterprises retreat the old and scrap tires from the transportation companies and then charge the retreat fees from the customers. The enterprises of the former operation model usually lack the old and scrap tires. Therefore, there is a new development tendency in Chinese tire retreat industry, namely, many tire manufacturers are engaged in the tire retreat industry making the most use of its resource advantage. Compared with the simple tire retreat enterprises, the affiliated tire retreat enterprises of the tire manufacturers have more and huge advantages.

The world’s three tire giants Michelin, Goodyear and Bridgestone had entered Chinese tire retreat industry, in which Michelin is the earliest one involved in Chinese tire retreat industry. In September 2005, the first tire retreat factory of Michelin in China went into operation in Shanghai, which means the tire retreat plan of Michelin in China was officially set up. In January 2009, Bridgestone (China) Investment Co., Ltd. officially set up the tire retreat development department. Chinese domestic outstanding tire manufacturers, such as Triangle Group, have or planning to enter the tire retreat industry and explore the profit growth point.

John. Liu holds the views that the tire retreat volumes will be increased by 30% to 15 million strips in 2009 compared with 2008, which will reach to 19 million strips in 2010. From 2009 to 2010, Chinese government increases the investments in the fixed assets like railways and highways so as to maintain the economic growth. Meanwhile, the demand and holding volumes of the construction machinery in China are increased. It is predicted that the retreat tires of the construction machinery will become the hotspot in Chinese tire retreat industry in recent two years, which is worth to pay attentions for the investors. 

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