Monday, 25 February 2013

If you are Ambitious – Tidy your Desk!

The resident life coach for NHS online, Jayne Morris has recently reported how much of an impact a simple operation like keeping a tidy desk can have on a business.

Ms Morris reports “having an untidy desk covered in clutter could be stopping you achieving the business success you want”. She recommends that anything that it no longer used should be thrown away completely. It is no good just moving the mess around – unwanted items need to be thrown away.

Tim Corfield

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Wednesday, 20 February 2013

Weakness in Economy Continues

Disappointing figures have recently been issued showing continued weakness on the High Street. The volume of sales fell 0.6% in January (compared to January 2012).

The Governor of the Bank of England, Sir Mervyn King has recently said that spending will have to shrink before the economy corrects itself. “There is no point trying to persuade people to spend in the way that they were spending before the crisis”.

Sir Mervyn has also warned that inflation will also remain high for at least another three years. Average earnings are back to 2003 levels according to the ONS (office of National Statistics) and in the last three years real incomes have declined as inflation has risen faster than wages.

This is inevitably going to put pressure on retailers. The decline in January’s sales was affected significantly by a sharp 2.6% fall in food sales – the lowest level in almost nine years.

Tim Corfield

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Sunday, 10 February 2013

IMF Highlights Greek Tax Evasion

A recent IMF report has criticised the Greek Government in its strategy to bring its debts under control. 

The report highlights that the strategy “has relied far too much on cuts in discretionary spending and increased taxation of wage earners, while the rich and self-employed have continued to evade taxes on an astonishing scale and bloated and unproductive state sectors have seen only limited cuts”.

One of the conclusions of the report is that the programme will fail unless it overcomes “these entrenched vested interests”.

The report also highlights that Greece will need from the EU an extra £7.9bn to bring its debts under control. 

Written by Tim Corfield - Griffin and King