Will petrol price itself out of the market?
I had my first £80 tank of petrol today. It seems to me that now is the time to start investing in public transport stocks.
I also has to be time to look at ways that a business can cut down on its travel spending and Unified Communications and online collaboration is the way forward. We recently had an architect approach us for a video conferencing solution so that his business could conduct video conferences with their London office. Historically they took the train and spent the day in the office. Travel time was 2 1/2 hours each way for the two Lincoln based partners. That’s ten man hours (at whatever the going rate is for an architect) plus over two hundred pounds for the trainfare.
The video conferencing solution used was Timico VoIP for Business which cost them £10 a month per site plus a few hundred pounds for high spec telephone handsets. The broadband connectivity was already in place at each end. The service will have paid for itself on it’s first day of use. That’s a serious rate of return.