City Am – Reasons to be cheerful?
City AM say Reasons to be cheerful on the UK economy? They’re there, if you’re looking for them
Nobody likes to be negative, so perhaps that explains the surprising survey results on our front page today. Perhaps confidence in the economy is coming not from sensible forecasting but from unguarded new year’s optimism. Or, to borrow a line from Blackadder’s General Melchett, “that’s the spirit: if nothing else works, then a total pig-headed unwillingness to look facts in the face will see us through.”
Well, maybe. But there is also the case for more cheer than has been the case for a while. One of the pleasures of working in journalism is the gentle aside from an interviewee, usually a CEO. Over the past twelve months, it’s been some version of “it’s not easy at the minute.” But in the past fortnight, that’s been slightly amended: as one City chief put it this week, “it’s tough, but we’re doing pretty well.” It’s a sentiment that is shared by more than you might think – for there are, as we put it, reasons to be cheerful.
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