Daniel Thomas’s report “Two-thirds of businesses fear economy will worsen” (August 27) — and in particular the chart titled “Companies are pessimistic about economic prospects” — reveals some important truths about the economic outlook, the likely impact of Brexit and the way forwards:
- Yes, we’re generally pessimistic about the global economic outlook;
- Yes, we’re generally materially even more pessimistic about the UK economic outlook; but
- We’re generally much more bullish about prospects in our own industries.
Takeaway: we tend to have this generalised fear about the economy and about Brexit, but most of us are actually quite sanguine about the prospects for our own businesses. If ever there was a time to “person up” and focus on planning for the things we can control and delivering them, then this is it. Plus this maximises the odds of a “good” Brexit.
London EC4, UK
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