Marketing Seminars – the end is nigh?
The end is nigh?
Is the recession almost over? A Quarterly survey says so…
The the recession is about to end and UK‘s business confidence has risen to its highest level for a long time.
The reports from the Institute of Chartered Accountants in England and Wales (ICAEW) reveal that the economic outlook is improving.
Business Confidence Monitor shows that third-quarter GDP will rise 0.5%, breaking five quarters of declining output.
In a BCM survey of 1,000 senior businessmen on their economic confidence over the next 12 months 41% of them show more economic confidence about their prospects than the last year. BCM has seen its biggest quarterly rise since the third quarter of 2007. The most benefitted sectors include IT, banking, finance and insurance and property.
This suggests that the UK recession is at an end. I have certainly noticed a marked upturn of both enquiries and results from existing clients. With economic outlook improving and BCM showing a rise in GDP, recession is likely to come to an end soon.
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