a view from the UK

    Still In Cash

    Posted by biketastic on 15th of Feb 2010 at 10:07 am

    I talk to companies in a range of market sectors. 

    Today, the VP at a high end luxury boat builder told me that their planning expects a double-dip recession. 

    An industrial supplier I work for is doing very well, even though their competitors are going to the wall.  The reason is that they are "resilient" and smart.  Resilience comes from low overheads, owning their industrial unit and cash balances.  They are smart because they are way ahead of competitors with a web presence and are selling throughout the Eurozone where the GBP has been weak. 

    Public sector organisations by contrast think life if hard but, believe me, b b b b baby they ain't seen nothing yet.

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