Chamber talking us into a recession?

[Tim Barlow]

The British Chamber of Commerce released a very downbeat report earlier in the week that grabbed a lot of headlines.

Do you feel the Chamber should be saying it as it is or should they be avoiding such depressing talk for fear of creating a self fulfilling prophecy?

 

[Power Lunch Club]

The British Chamber of Commerce released a very downbeat report earlier in the week that grabbed a lot of headlines.

Do you feel the Chamber should be saying it as it is or should they be avoiding such depressing talk for fear of creating a self fulfilling prophecy?

Yes, it really is "Beware the Ides of March" stuff here....I wish they hadn't said it....

I think because they have said it, it will be in businesses minds that we are in a recession and they will be activating as many protectionist measures as they possible can...which usually involves slashing cost and budgets whereever possible. Which is the wrong thing to do. Money moving in a ecomony fast, is what helps it to grow and prosper and benefit everyone.

I stole this quote from someone...

Michael O'Leary, Chief Executive of Ryanair, said "I love recessions.
Recessions are much more fun. Good times are a pain in the bum. Good times
any idiot can make money. In recessions the good get up off their backsides
and start doing sensible things that they should do all of the time. It's
good for business because Ryanair will emerge from this recession stronger,
fitter, leaner and still taking lumps off competitors."

So I for one at the PLC....and I am sure you Tim and the others here on the SBF are open for business and raring to go....how can I help?

Kind regards

Gordon
PLC

 

[Tim Barlow]

Interestingly we have probably had our best two weeks ever in terms of signing up new business.

Loved the quote Gordon.