So instead of the good old days when it was ICI and M&S as the barometers of UK plc it is now Clinton Cards and John Lewis or any other high street name that is the headline grabber. That’s my point – are they merely headlines or do they actually tell us something about the state of the economy? I have been predicting economic fortunes accurately for 17 years – why is that? Is it because I am NOT an economist? That was a joke by the way! Seriously, the reason is because I work at the sharp end – the SME sector and I have my ear to the ground especially with my charity work on money management. So in summary here is the bad news. Recession 2.0 has arrived. Happy 2012.

Written by FDAdmin