Is The Economy Getting Better?
I’m not sure, but there have been some good stories today.
On the BBC this morning there was a piece about how small exporters were doing well.
I know it’s a Japanese car company, but this article on the BBC about Nissan can’t be seen as anything but positive. It’s also in an area of high unemployment, where they need every job they can get.
John Lewis also reported a 6.2% like-for-like increase in sales during the Christmas period. As the company have branches in most parts of the UK, it can’t be anything other than a good thing. Next too is on target, but other retailers aren’t doing so well. But that isn’t necessarily a bad thing, as customers are picking up a few bargains. I bought a new pair of boots from Blacks at a very silly price.
Over the last few weeks, I’ve been to several places on the trains, like Reading, Blackfriars, Cambridge and others, where the fruits of investment seem to be coming through. You can argue, that these were planned by the previous government, but it does seem that progress has speeded up in the last year or so. I will say that some of the developments in the London area, seem to have benefited from better engineering and project management, with the professionals being given targets by the politicians, who then have not interfered at the micro-management level. We could probably do even better with Network Rail, if they were controlled in the same way as Transport for London.
And lastly today, this piece about the pound has come in, showing it has risen against a failing euro. That may not be a totally good thing for exporters, but it shows that the world thinks our economy is on the mend.
The Anonymous Widower 
Recessions are very good at removing the dead wood in business and making space for good companies, including new ones, to thrive. I ran a company through two recessions and although there is an element of pain at first, as some existing clients failed, they provided good opportunities to grow the business and get new clients.
Comment by John Wright | January 5, 2012 |
We started Metier in a recession and you get the pick of the best guys. The competition is also less if you’re exploiting a new market, as others aren’t brave enough.
Comment by AnonW | January 5, 2012 |