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Bosses show bulldog spirit James Ashton BUSINESS leaders are rallying this weekend in an attempt to restore consumer confidence. “We are in danger of talking ourselves into a worse place than we needed to,” said Justin King, the J Sainsbury chief executive . Sir Philip Green, the BHS and Topshop entrepreneur, added: “People are fed up with reading about doom and gloom. The underlying foundations of the UK economy are strong and we should not allow anything from what is a global situation to send us off track.” Simon Cowell, the X Factor judge who runs music and television business Syco, agrees. “I have more confidence in this country than at any other time in my life,” he said. Chief executives believe Britain’s relative strength lies in low unemployment and interest rates cut by 0.5% last week. They think Gordon Brown’s £500 billion plan to strengthen the financial sector by offering to part-nationalise high-street banks should steady the ship. Full Article Here
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27/03/08
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(4 of 4)
Re: Bosses show bulldog spirit
17-Oct-2008 11:43
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Yes, that just goes to show that many times what's reported by the media is accepted as truth, even when it's just speculation.
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(3 of 4)
Re: Bosses show bulldog spirit
14-Oct-2008 21:15
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It's too true that often, just the mention of difficulties can cause a self-fulfilling prophesy. For examples, recently in the States, specifically a few of the southern states, there was a run on fuel because of speculation that there was to be a fuel shortage.
This run overwhelmed owners of the fuel stations and they DID become short on fuel and unable to get trucks in to refill fast enough. The phenomenon created a shortage... a self-fulfilling prophecy.
So instead of doom and gloom, perhaps we should be focusing on the positives and that way, the self-fulfilling prophecies are much more pleasant outcomes.
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262
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27/03/08
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(2 of 4)
Re: Bosses show bulldog spirit
13-Oct-2008 17:24
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Now with the start of the trading week, how have the market rallies changed attitudes? For you and for your staff or those you know?
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244
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13/04/08
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(1 of 4)
Bosses show bulldog spirit
11-Oct-2008 21:10
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Bosses show bulldog spirit
James Ashton
BUSINESS leaders are rallying this weekend in an attempt to restore consumer confidence.
“We are in danger of talking ourselves into a worse place than we needed to,” said Justin King, the J Sainsbury chief executive .
Sir Philip Green, the BHS and Topshop entrepreneur, added: “People are fed up with reading about doom and gloom. The underlying foundations of the UK economy are strong and we should not allow anything from what is a global situation to send us off track.”
Simon Cowell, the X Factor judge who runs music and television business Syco, agrees. “I have more confidence in this country than at any other time in my life,” he said.
Chief executives believe Britain’s relative strength lies in low unemployment and interest rates cut by 0.5% last week.
They think Gordon Brown’s £500 billion plan to strengthen the financial sector by offering to part-nationalise high-street banks should steady the ship.
Full Article Here
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