Friday 20 March 2009

England at last couldn’t escape from Recession

Poonam Sahu.
The government of Britain and the UK Border Agency has raised its visa application process fees to a higher level and even applied more complicated rules for those who want to enter the UK.

Due to more and more complicated rules and hike in prices for the visa application, there will be a very few number of international students or employees from now.
The very first time in the history of fifteen years, England couldn’t at last escape from the term-‘Recession’.

Since 1991, England economy had been rising high up into the sky.

All of a sudden due to various factors such as bad climatic conditions in these few months of the winter, and holidays/ leave due to this, joblessness, bank crash etc. the country’s economy has slashed down.

Unemployment, bad weather, leave due to this, wrong decisions by banks authorities, etc. has put the country and its people into a big trouble which would take many long years to settle up again.

It has been expected the country has to survive in recession atleast for the next two years. The unemployment rate is now around 6.5%, the highest figure since the end of 1997.

Due to heavy rate of job cuts, the job search for the international students as well as employees would decrease in the coming years. As well as due to no International students and no work, UK is going to suffer much more.

It was due to the funds of the International students that the country and the institutions were surviving. And if there are no jobs then students would never come for higher students to UK.

To regain from this situation Britain needs International response.
Even it needs to pressurize on all the world leaders to work and fight together against recession.

UK's economy is to experience its weakest period of growth in 15 years and there is a risk of a recession in the next two years, a report warns.

Therefore, it’s time for action now. All it needs to do is to save energy, money as well as hard work without wasting much time, re-plan and make a good strategy to sort out with as well as allow International students, let them study and work as well, etc..

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