The Effect of the Recession on Ipswich By Amy Activ At Isnare.com Ezine Articles

Right now in the UK we are in the midst of the largest recession experienced since 1991, according to official Government figures. Due to this economic downturn there have been thousands of jobs cuts all over the country which is at its highest levels since Autumn 1996, it is likely to take years to recover from it with both big and small companies going into administration. House prices have started to fall and the UK economy has slowed right down. The banks are not lending as they were before but are still giving out high city wages and big bonuses to their staff.

It is a difficult time for everyone in the UK at the moment but as it stands, Ipswich is better placed to fight the recession than many other towns across the UK, according to some reports - Ipswich Borough Council have declared that they are going to spend their way out of the recession with major investments throughout Ipswich. With £275m ready to boost Ipswich’s fight against the recession now is the perfect time to join in and help Ipswich’s defiance. Here is a list if what the money is going to be spent on:

Phase two of the University - £50m
Suffolk New College - £75m
The SWISS Sixth From Centre - £50m
Westgate Centre - £50m
Salthouse Harbour Hotel extension
New pedestrian bridge, Ranelagh Road
New Flood Gates - £50m
Regatta Quay and Mill developments to complete
Dance East to open in September '09

With these projects currently underway Ipswich Borough Council believes that this investment and creation of additional jobs in and around Ipswich will put them in an even stronger position when the economy finally starts to pick itself up again.

Both the Government and Ipswich City Council have realised that the best way to help kick start the economy is to spend! You can help Ipswich Town defy the recession simply by spending a small amount of money to promote your business on the internet. The best way you can help would be by promoting your business online with Activ Ipswich, the most comprehensive guide to Ipswich on the internet.

Just a small outlay (less than how much it costs to advertise in the local paper for one night) will purchase advertising space on Ipswich’s best local community town site - spending money to advertise your business on the net you will allow more people to see your company and divert more visitors to your website and potentially more customers. With Activ Ipswich being a local website made for the community it will also mean that most people that will come to your site are likely to be local and will boost your local reputation amongst the local people.

By promoting your business on Activ Ipswich you are potentially helping to put Ipswich in an even better place to help fight against the recession and this will also help your own business fight the recession as you will be getting more exposure which means more potential customers.

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