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Sunday, 29 April 2007

Bank of England's control of the interest rate

Saw a presentation by the South Easts Representative of the Bank of England to so with interest rates.

The thing that I noticed what that the economy seems to be much more stable than when the government controlled it. Now of course Blair and Brown pat themselves of the back for the stability of the economy but is that right?

Now the thing is... what else would be better off left to the professionals.

Maybe:
  • Education experts should run education
  • Medical experts the Hospitals
  • Crime expert the police
Then what do the government do. Well they make sure that the education, NHS and police are being run well and only poke at it when things are going wrong.

That way the governments can only think about how to look for the four years cycle but the organisation that actually think about long term game can get do their job without constant messing around.

Advertise your green service

At the recent Business Link conference I have already mentioned I looked around the exhibition and noticed something.

All the text about saving money was hidden away in the small print of the banners.

The body of the text and pictures, the stuff that would catch your eye, was all about what you could so with your waste, lets save the world and all the woffle. Not that I'm saying its wrong but if your audience are thinking about their business (why they were there) surely you should advertise to that side of the brain.

Save you company XYZ by doing ABC!

Skeptics can argue about whether climate change is an issue but not many would argue about making more money!

Money IS green

Went to Attended a business link conference a couple of days (now a couple of years) ago. Must say I came away with quite a few ideas buzzing around in my head.

Some of them to do with green issues. Not just lefty saving the world but also saving money.

It seems to me that a green company can be a profitable company rather than the Bush attitude that green is bad for business.

People are starting to spend their money (well thinking about it) in a greener way. 1) Canvas bags rather than plastic (do wonder how green this is as most supermarkets seem to be moving towards bio-degradable and they can be re-used as rubbish bags)  2) Choosing green electricity suppliers.

However a green company is an economic country:

At my (previous) company we throw away scrap wood and then would buy gas to heat the workshop! Doh! We were planning to get a wood burner but I've been thinking we should push this up the priority list:
  • Stop buying so much Gas. Saves money and reduces risk because we have reduced our dependence on gas!
  • Heat the workshop for free (once we have paid for the burner)
  • Less waste in skip. Cost us £200 per skip. If we could burn 25% then we would save 25% (plus a bit because we would need less lifts).
  • Apparently we can get a grant to pay upto 50%. Blimey the government wanting to GIVE us money rather than take it away!
All in all we could save about £1,500 a year. Not a great deal but for a small company that could be money to develop a new product. Pay for solar hot water heating or be spent of a company outing. All better uses of money.