Looking on the bright side

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My football team has just been relegated from the English Premier League and it hurts, but hey, the grass is still green and the sun is still shining (occasionally). I suppose that I am one of life's optimists and whenever something unpleasant or difficult happens I find an upside.

I have been casting around for a positive slant when we are surrounded by bad news.

The economy

I honestly think that we can talk ourselves into a recession. When the economic figures were announced declaring that we had slipped into the dreaded ‘double dip’ recession my own feelings were that business was picking up. In fact, if you analyse the data, certain sectors (construction especially) brought down the overall numbers and I wouldn’t be surprised if when the Office for National Statistics revise the figures for Q1 they reveal a small amount of growth.

The media of course jump on this negative bandwagon and lambast the Government for not having a ‘plan B’; I know I’m glad I’m not the Prime Minister at the moment. I remember Mervyn King saying before the last election, “whoever won it would probably not have power again for many years”. He knew full well the very difficult and painful decisions that would have to be made. On the bright side, interest rates are lower than they have been in my lifetime and likely to stay there for the foreseeable future so it’s a good time to borrow.


I have always thought that the idea of a single Euro currency was a fairy tale that wouldn’t come true. When I went to Crete last October I wanted cheap Greek Euros and not expensive German ones - guess which ones I ended up with? However, as business people we aren’t able to affect what happens in Greece or elsewhere, but it’s a good time to stock up on Euros and book a European holiday, so that’s a silver lining.

The Olympics (Sorry, can I use that word without approval from LOCOG?)

Anyway, London 2012 is looming large now. Our carriers are warning us about delivery difficulties in London for the best part of two months from mid July until mid September when the Paralympics ends. In the back of my mind I keep seeing the declaration last year that the Royal Wedding would boost business, and then six months later having the Royal Wedding blamed for an awful Q2. The jury is out, but even I am hard pressed to think of a positive impact for the majority of British businesses.

So, where do we go from here I hear you say? I’m thinking rain is filling the aquifers, I haven’t had to wrestle with the BBQ, the asparagus harvest is starting soon, the football season is over and done with (good riddance - unless you support Man City) and guess what? The grass is still green and the sun does shine sometimes. If we all put a positive spin on bad news then it can’t be as grim as the media make out ... or can it?


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