Spend Matters Afternoon Coffee

A Jubilee indeed...
Unemployed bussed in to steward river pageant -- A group of long-term unemployed jobseekers were bussed into London to work as unpaid stewards during the diamond jubilee celebrations and told to sleep under London Bridge before working on the river pageant. Up to 30 jobseekers and another 50 people on apprentice wages were taken to London by coach from Bristol, Bath and Plymouth as part of the government's Work Programme. Two jobseekers, who did not want to be identified in case they lost their benefits, said they had to camp under London Bridge the night before the pageant. They told the Guardian they had to change into security gear in public, had no access to toilets for 24 hours, and were taken to a swampy campsite outside London after working a 14-hour shift in the pouring rain on the banks of the Thames on Sunday.

Of course they do.
Free Wi-Fi, but Speed Costs -- As airlines try to persuade passengers to pay for Internet access at cruising altitudes, more airports and hotels are offering it free on the ground. Half of the busiest airports in the United States now have free Wi-Fi, including Denver, Las Vegas, San Francisco, Phoenix and Houston. Dallas/Fort Worth plans to join that list in September, teaming with AT&T in a service that will give travelers 40 minutes of free Wi-Fi in exchange for viewing a 30-second advertisement. That type of sponsored access is one way airports are balancing consumer pressure for free access to Facebook, Twitter and e-mail accounts with the cost of providing a bigger pipe for growing data needs. As devices demanding Wi-Fi proliferate, airports and hotels are also turning to tiered pricing models: offering limited Internet access free and a faster premium service to customers willing to pay.

An interesting statistic...
50% Of Smartphones Connect To Facebook Every Hour Of The Day -- "We are finding that 50 percent of smart phones are actually connecting to Facebook every hour of every day, which perhaps is not surprising when you see Facebook icons on the home pages of most websites," Caputo said. "Facebook is a highly valued application with predictable data volumes that require a minimum amount of bandwidth. This is the perfect scenario to implement tiered service plans that offer price certainty for subscribers and cost certainty for service providers."

And we all know how well this worked out for Chicago.
Ohio State Gets $483 Million Bid for Parking Lease -- As state universities try to fill in gaps left by shrinking government support, Ohio State University is taking steps to open a new financial frontier with its parking lots. University officials say that a private bidder has offered $483 million in a lump sum for a lease to operate university parking facilities for 50 years. The deal, still tentative, appears to be the first of its kind at a large university, according to higher education groups, though Indiana University confirmed on Monday that it is in the early stages of exploring a long-term lease of its parking facilities. The City of Chicago made a similar deal in 2009, granting a 75-year lease of its parking meters to a private company.

- Sheena Moore

Voices (4)

  1. Georg Karl:

    Agreed, thank you. And sorry for my misspelling – "tiopic" should be "topic".

  2. Peter Smith:

    Indeed. The Work Programme, which is using private sector providers to get the unemployed (inc long term, disabled etc) back into work, contracted under a pretty innovative risk / reward mechanism, is I would argue the most important single procurement / contract possibly in the western world at the moment in terms of the effect it might have on our economies. IT’s success or otherwise may well determine the fate of the current UK government as well. But if it leads to stories like this.. it won’t get public support.

  3. Jason Busch:

    I’ll take credit for this one … Deficit spending (or a lack of government spend management) with those taking government handouts to sit under bridges … Keynesian economics meets the queen, in my humble view.

    And besides, Peter Smith, our UK counterpart, has been covering the whole story in depth:


  4. Georg Karl:

    A Jubilee indeed…

    Where is the connection to spend management and the tiopic of the site? Kind regards

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