Monday, November 1, 2010
UK graduates struggle to find work
UK graduates struggle to find work
LONDON - BRITISH graduates are finding it increasingly difficult to find work after leaving university and government spending cuts could make the situation worse, research published on Monday said.
Around 8.9 per cent of young people who left university in 2009 were still without a job six months later, the Higher Education Careers Services Unit (HECSU), a charity, said.
That was a one percentage point increase on the previous year and the research highlighted particular problems in construction-related sectors such as engineering and architecture.
The HECSU said the picture could get worse as government spending cuts announced last month start to bite in the coming financial year.
The overall unemployment rate in Britain, which emerged from recession at the end of last year, currently stands at 7.7 per cent. The economy grew by 0.8 per cent in the third quarter.
The Office for Budget Responsibility, a financial watchdog, predicts that around half a million public sector jobs will go, while professional services firm PricewaterhouseCoopers also says the same number will go in the private sector.
-- AFP
- wong chee tat :)
75% of units at The Glyndebourne snapped up over weekend
 |
||||||
 artist's impression |
||||||
SINGAPORE : A 150-unit freehold condominium, The Glyndebourne, met with good response over the weekend's private preview.
City Developments (CDL) said in a statement that 75 per cent, or 112 units, of the development have been sold over the weekend.
The selling price ranged from S$1,900 to S$2,350 per square foot, giving an average price of about S$2,100 per square foot.
The development, which comprises eight towers of 5-storey residential apartments, is situated in District 11 on the site where the Copthorne Orchid Hotel Singapore currently stands on.
The site has an area of 180,000 square feet and is a mere 5-minute drive from the Orchard Road shopping belt, said CDL. It is also within walking distance to the upcoming Botanic Gardens and Stevens Road MRT Stations, which are scheduled for completion in 2015.
CDL's group general manager, Chia Ngiang Hong, said: "Based on feedback from our buyers, the development's excellent location and easy access to amenities is a key draw.
"Its freehold status, sizable plot of land and the array of well appointed, quality apartments with various sizes to cater to the differing needs of our clients are also plus points."
He added that "The Glyndebourne offers exceptional value for a prime property in District 11".
All 1-bedroom plus study, 2-bedroom and 3-bedroom plus study units have been snapped up. Ten out of the 23 penthouses have also been sold.
CDL said 70 per cent of the buyers are Singaporeans, with the remaining 30 per cent taken up by permanent residents and foreigners from Malaysia, US, Indonesia, China, India, Myanmar, Korea, Thailand, Taiwan and Brunei.
- CNA/al
- wong chee tat :)
Subscribe to:
Posts (Atom)