October 19, 2011 10:25 am | Leave your thoughts
In the last 24 hours the news has been full of more economic doom and gloom. Inflation has hit a 3 year high at 5.2% and Argos, that stalwart of the high street, has reported dreadful financial results with its profits plummeting more than 90% in the last six months. As we’ve come to expect from the media, it sounds like everything is going from bad to worse for anyone in business, but it seems that many people, including elements of the press, share 08Direct’s view that to survive this downturn you have to be positive and not allow yourself to be talked into the depths of despair.
Take the recent Business of the Economy debate in Leeds which featured a panel of heavyweight business and economy experts including a former member of the Bank of England’s Monetary Policy Committee, the head of a leading accountancy group, a leading economist and a financial services expert.
According to leading regional news provider, The BusinessDesk.com , ‘it was refreshing to hear all four panellists being very bullish and honest about their thoughts for the prospects for both the general economy and the prospects for individual businesses – it makes a change’.
Clearly, everyone is getting fed up with constantly hearing the economy being talked down. TheBusinessDesk.com continued…During a discussion on confidence and the role the media has to play in the ongoing recovery, a special mention was given by chief economist Dennis Turner of Robert Peston, the BBC’s Business Editor. “We are emerging from a difficult period and it’s easy to take the economy down and Robert Peston is leading the charge,” said Turner. The murmurs of agreement from the audience said it all.
So, there you go. The experts are telling us that there are reasons to be cheerful and even the media is fed up of reporting negativity.
Let’s keep a positive outlook and raise our half full glasses to a brighter business future. Cheers!