The current financial inputs point to the fact that the recovery in the UK is extremely fragile. We will shortly be entering the “silly season” and over the rest of the summer it is most likely that we find ourselves in somewhat of a limbo situation.
Without question, the real effects of the cut-backs and general downturn in many people’s incomes will be felt most keenly in the final quarter of 2011.
The recent hike in utility charges will really bite from September onwards and a further downturn in consumer confidence appears likely. More and more will the mantra “heating versus eating” be heard.
Running any business against this background will provide challenges and there could not be a more pressing time to address the question of operating costs and the rigorous policing of stocks and Debtors.
If appropriate actions are taken now, Companies should find themselves well positioned to ride out the inevitable storms.
If you’d like to discuss how I can assist you with a plan of action then contact me at gordon.blackburn1@btinternet.com
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