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29/11/2010

Ireland swallows its pride after lenders line up with an 85 billion euro bailout. Things could be looking up with a forecast that thousands of public sector jobs could be saved.

After six hours of talks on Sunday in Brussels, the EU agrees to support a package of loans to Ireland worth €85 billion. But how will the markets react to the news over the coming days, with other Euro members such as Spain and Portugal hoping they can avoid having to be bailed out too?

Things could be looking up for the British economy with a forecast that thousands of public sector jobs could to be saved. That's what we're expecting to hear from the Office for Budget Responsibility, which is about to produce new forecasts. We hear from Andrew Goodwin, senior economic advisor to the Ernst & Young Independent Treasury Economic Model (ITEM) Club.

A survey suggests that while many of us are worrying about losing our job, job satisfaction is on the up. Ben Willmott from the Chartered Institute of Personnel and Development says a 'fixed grin' has returned to the workplace.

30 minutes

Last on

Mon 29 Nov 2010 05:30

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  • Mon 29 Nov 2010 05:30

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