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Hard-nosed executives turn to psychics for job advice

Unemployed executives in London are now seeking advice from psychics, who are reporting a huge increase in business from wealthy professionals like bankers, auditors and investment experts, reports Vijay Dutt.

business Updated: Jan 18, 2009 21:24 IST
Vijay Dutt

Unemployed executives in London are now seeking advice from psychics, who are reporting a huge increase in business from wealthy professionals like bankers, auditors and investment experts. They all have one question: “How do we survive this credit crunch?”

Katie Winterbourne, an “intuitive therapist” based in Harrods department store in London, charges £120 for an hour-long reading and has a three-month-long waiting list.

An Indian woman executive, who has been trying for a new job since the collapse of Lehman Brothers, said that she has consulted a psychic apart from “sending her horoscope to a relative in India for forecasting by an astrologer”.

The British Astrological and Psychic Society (BAPS) said it had witnessed a dramatic increase in the demand for readings in the last three months. Websites such as thepsychicsociety.co.uk and psychics.co.uk, which also offer psychic readings over the phone, have also reported a significant increase in enquiries.

“I’ve definitely noticed a new trend,” said Jayne Wallace, a clairvoyant who works in Selfridges. “A surprising amount of my clients are very high-up, wealthy, important people from within the financial industry.”

One of Jayne's clients, a director at ICAP, said he had been offered a job in Hong Kong but had been unsure about whether to accept it. “Jayne advised me on my last job offer and that worked out well. I showed her the new contract and she said I should move to Hong Kong, so I'm going to take the job.”

William Hooper, 39, said he gave up his job on the advice of his psychic, Robin Lown, to become a property developer in Cyprus. “He said I needed to be out of the banking industry by September, 2008. So that’s what I did — just before the collapse of Lehman Brothers in the US.”