{"id":53,"date":"2011-05-07T18:36:08","date_gmt":"2011-05-07T18:36:08","guid":{"rendered":"http:\/\/www.davidseall.co.uk\/blog\/?p=53"},"modified":"2011-06-15T16:58:03","modified_gmt":"2011-06-15T16:58:03","slug":"the-economy-and-where-is-it-going","status":"publish","type":"post","link":"https:\/\/www.davidseall.co.uk\/blog\/?p=53","title":{"rendered":"The economy and where is it going?"},"content":{"rendered":"

IMG_NEW<\/a><\/p>\n

This week apart from the obvious noise about local elections and AV has still been about the economy to me.
\nOn the back of the disappointing growth figures from last week we had the great news form the Bank of England MPC that interest rates would continue to be on hold at their lowest rate in living memory.
\nAs a simple businessman it beggars belief to me that anyone would consider putting up rates when there is such fragile consumer confidence and that most of the inflationary pressures come from increased fuel prices and the January hike in VAT. These will drop out in January and we will hopefully see a fall.
\nAt a dinner with senior Surrey business leaders we hosted earlier in the week our guests IoD DG Miles Templeman and Director of Policy and Chief Economist Graeme Leach were firmley of this view. In fact Graeme will be joined by LloydsTSB Chief Economist Trevor Williams to debate the point further at an IoD special event on 17th May at Canon HQ in Reigate http:\/\/bit.ly\/f0HHwk.
\nI have also been busy with a final article on the budget (attached)
\nI hope some of you are able to come along for what promises to be a great evening on the 17th!<\/p>\n","protected":false},"excerpt":{"rendered":"

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