Hurrah!
Let’s break out the champagne, the canapés and set off the fireworks.
Why? Haven’t you heard the news?
The UK is officially out of recession. Yesterday’s ground breaking news that the economy grew by 0.1% was heralded by a Government fanfare as it quietly forgot that its original forecast for growth was 0.5%. So really rather disappointing in truth and quite possibly a sign that its continued forward years forecast will be equally difficult to achieve.
But let’s face facts; we’re all a lot happier now aren’t we? The reality of the situation is that we’re all going to have to continue to work every bit as hard as we have done for the last twelve months in order to try and sustain our own businesses, before any forecast or actual growth has an impact upon what you and I do on a daily basis or upon our lifestyle.
There is no doubting that it will still take us years to claw back the damage that the last two years of recession has inflicted upon the UK economy, but whilst the impact has been across a broad spread of sectors, signs of a pick up in the logistics and distribution sector are a very gentle indicator that just maybe the economy is starting to turn.
With a second thought we can, without appearing too gloomy, keep the champagne corked for another quarter and choose a good bottle of sparkling wine instead!
The bounce might only just be starting but it might be here at last.
Let’s break out the champagne, the canapés and set off the fireworks.
Why? Haven’t you heard the news?
The UK is officially out of recession. Yesterday’s ground breaking news that the economy grew by 0.1% was heralded by a Government fanfare as it quietly forgot that its original forecast for growth was 0.5%. So really rather disappointing in truth and quite possibly a sign that its continued forward years forecast will be equally difficult to achieve.
But let’s face facts; we’re all a lot happier now aren’t we? The reality of the situation is that we’re all going to have to continue to work every bit as hard as we have done for the last twelve months in order to try and sustain our own businesses, before any forecast or actual growth has an impact upon what you and I do on a daily basis or upon our lifestyle.
There is no doubting that it will still take us years to claw back the damage that the last two years of recession has inflicted upon the UK economy, but whilst the impact has been across a broad spread of sectors, signs of a pick up in the logistics and distribution sector are a very gentle indicator that just maybe the economy is starting to turn.
With a second thought we can, without appearing too gloomy, keep the champagne corked for another quarter and choose a good bottle of sparkling wine instead!
The bounce might only just be starting but it might be here at last.
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