Osborne’s choice

Only days away from this year’s budget and the press is heaving with lobby groups and special interests calling for a few coins to be cast their way by our beleaguered Chancellor of the Exchequer.The biggest of the business groups, The Confederation of British Industry (CBI) is making a plea for investment in Britain’s wounded construction industry. House builders have been for many years among the most aggressive investors in the UK, supplyi...
Continue reading

Necessity. The mother of invention.

It is never easy to pick through the forest of information that surrounds the economic wellbeing or otherwise of the country. It is complicated, and further confused by the (often politically motivated) interpretation of these statistics by the politicians carrying out the policies delivering the numbers and their opponents, hell bent on uncovering the smoking gun of failure of said policies.As reported in The Guardian:[blockquote]“Less than th...
Continue reading

Not a lot to cheer about.

I suppose it shouldn’t come as much of a surprise to anyone that business confidence has fallen to its lowest level in 21 years (according to a new survey), re-igniting fears that the economy will fall into a third recession since 2007.The BDO Optimism Index, which predicts economic activity during the next two quarters, dropped from 90.3 in December to 88.9 in January.This index has shown a consistent trend over the last few years and points t...
Continue reading

Is it any of our business?

Big bank bonuses are back in the spotlight again, as recently humbled Barclays prepares to slap an extra £1m into the pay packet of chief executive Antony Jenkins. This award is only the tip of the pay iceberg for Jenkins, who, according to the Guardian, could see a final annual pay packet of around £8.5m.I don’t think that any of us in business care about people earning big bucks, after all, it is one of the motivations we have for setting u...
Continue reading

New Thinking For The New Year

Looking back on 2012 we can clearly see that one of the most pressing problems facing the UK economy is the general lack of a coherent policy to boost growth. Politicians and their policy advisers appear bereft of any creative thinking surrounding this area, instead we are being offered an ever more desperate sounding series of initiatives designed to encourage lending to SME businesses.With growth likely to be 1% or less in the coming year it is...
Continue reading