We have been encouraged by a clear rise in our number of new business meetings since March. It looks as if many companies are becoming more optimistic, although – as throughout this recession – some sectors are definitely chirpier than others. It will be interesting to see what impact the change in UK government has on this situation. Overall, we continue to believe that a recession is similar to a period of mourning, and that after a suitable period of grief everyone wants to return to ‘life us usual’. A more upbeat mood is definitely there, so let’s hope that the promised tax changes do nothing to unsettle it.
Miscellaneous - 28th May 2010