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Global Entrepreneurship Week, Gordon Brown, Deflation and RPI

Wednesday, November 19th, 2008

Monday was probably one of the most interesting days of my life. Through being an Ambassador on the Make Your Mark scheme I was invited to a big event in London to mark the start of the first ‘Global Entrepreneurship Week’.

The day started with a lot of networking. I’ve never really been great at networking but everyone at this event was there with a clear aim – to change the world for the better. There were a lot of great speakers as the day went on. Including the director general of the BBC (who I sincerely regret not asking a question about the Jonathan Ross saga) and others.

The big names of Peter Jones, James Caan, Peter Mandleson and the Prime Minister came in a bit later on. Peter Jones and James Caan were on the table next to me and I did shout at Peter but he pretty much ignored me, he spoke to James Caan instead. Maybe next time I meet him, I’ll get a better chance for a chat.

I have to say, I was quite impressed when Gordon Brown came in. He said all the right things about the global economy we now live in and that entrepreneurs have a massive role in fixing it. I had my doubts about him before this but he is a good man with good intentions and even, a sense of humour.

This blog post also needs to mention the current RPI (retail price index) that all student loans are subject to. The RPI is the percentage of interest that is applied to all our loans and there is good news – it is coming down! There are even predictions that it could reach into minus figures. I’m pretty sure we won’t have a minus percentage of interest on our loans, but I’ll check this out.

With deflation looming and the RPI coming down, though this is bad for the economy – it is not too bad news for students. Prices are likely to come down and this means savings. Hopefully the economy can pick up by the time you graduate so that you’re able to find the job you want.

Any comments, please post below.