The last two weeks has seen elections the two largest global economies with the USA re-electing Obama for a second term and in China, the once-a-decade major communist congress electing a new prime minister, new senior politicians and implementing the next 10 year plan. What does this mean for Europe? With Obama having to tackle the serious fiscal deficit in the $trillions focusing on the American people, and the Chinese looking to double GDP by 2020 and improve the income of all its population, will either country really be concerned about the trials and tribulations of the Eurozone economies, including the UK? It looks like a long hard struggle for the Europeans and unfortunately for their populations, austerity is set to continue for some time yet, confirmed by the latest quarterly GDP figures showing negative growth.
Tag Archives: growth
It is a second year of low or no growth in the UK economy with many businesses continuing to struggle. Looking at the small and medium sized enterprise, (SME), sector, low interest rates have enabled companies to survive the downturn and where funding requests have been made, it has been to support working capital requirements and not for growth or expansion initiatives.
Businesses appear to be waiting for something to happen but it is individual company’s that can be the catalyst for stimulating the economy. Few are really carrying out an annual MOT – (Management’s review of Opportunities and growth Tactics), evaluating their strategy and where they want the company to be in a year or two years time.
MW Interim Finance can facilitate these business reviews and assess operational efficiency across their business function’s, provide strategic options and facilitate their implementation to drive growth benefits.