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Bosses Predict Year Of Pain For Uk Business

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It's all panning out just as many posters on HPC predicted.............

Bosses predict year of pain

Two-thirds of bosses expect 2006 to be most difficult 12 months since economic downturn in Nineties

Robert Worcester and Heather Stewart

Sunday January 1, 2006

The Observer

BRITAIN'S business leaders are bracing themselves for a tough 2006, with two thirds expecting the economy to deteriorate over the next 12 months, according to a recent MORI survey.

Chancellor Gordon Brown has promised a recovery in Britain's fortunes after the weakest year since the recession of the early Nineties - but few business leaders have confidence in his optimistic projections.

In the survey of more than 100 FTSE top executives, MORI found that two thirds, 66 per cent, expect the economy to worsen in 2006, while only one in 25, 4 per cent, believe it will improve.............continued

Observer - Bosses predict year of pain

A Happy New Year to all on HPC

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Selective editing :rolleyes:

Despite their pessimism about the general outlook, most senior executives expect their own company to be able to ride the storm in 2006. More than half - 57 per cent - thought business would improve over the next year, while only 11 per cent expected things to get worse.

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Selective editing :rolleyes:

So bosses in the FTSE 100 did not say that their companies would worrsen over the next year..

really...? did they say that....????

be more worried that 11% said they would..

They rely on share value

What I meant was.. they were saying that the economies in trouble.. but of course they would be fine... themselves.. they would be okay

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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