Wednesday, 9 September 2009

Is the worst over?

Interesting to see the Footsie has topped 5000 points for the first time in nearly a year. There are signs that the worst of the recession is over.

Certainly my miniscule business is seeing renewed activity and I expect to be up on last year's financial year about eight months into the current. Evenso, like a lot of other business people I speak with, no one is anyway near the heady heights of 2007/8.

My suspicion is that despite the upturn, jobs will still be hard to come by and unemployed people will continue to need our prayers and support. Meanwhile many of the developing nations will take several years to recover and the swine flu pandemic could well damage them even more.

0 comments: