Optimistic observations...
- Unemployment has fallen for the 5th successive month.
- Industrial output rose by 2.9% in June - fastest rise for 25 years.
- Manufacturing output rose by 3.3% in June - fastest rise for 10 years.
- Business start-ups in 2011 were the highest for decades: 471,466 new private sector businesses started last year.
- UK Exports reached £39.2 billion in June (close to all-time record levels; the record level being set in November 2011) Key markets: China up 74% in the past year; India up 94%; Russia up over 100%. There's more, ten in fact, from Lord Bates [Conservative Home] who also reminds us that "Sir John Major gave an excellent interview on the Andrew Marr programme yesterday" [Link]. Now, all the points have a flip-side but things do seem to be improving.
2 comments:
Things are improving, the problem is that it takes so long for the markets to realise this and they dictate so much of what is wrong in the U.K. I have clients right across the A-Z of businesses that are experiencing their best years ever and we are again seeing an increase in start-ups. That said there are various commercial reasons for new start-ups which have nothing to do with a general improvement in the economy but a lot of people are now trying to work for themselves.
Agreed, some things are obviously poor but there are good signs everywhere.
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