As we relax from the stresses of business life over the festive season the media continue to pour out a stream of dire news.
How much notice do you take of all this and does it affect your own optimism or pessimism?
In the last week we’ve been told:
British job vacancies have decreased significantly, with a 23% drop in postings on Indeed compared to last year.
Businesses are facing a “paralysed” state following Rachel Reeves’s recent budget announcement, which has led to a significant slowdown in hiring.
Insolvency specialist Begbies Traynor has warned of an impending rise in company struggles following the Chancellor’s Budget.
The UK economy is projected to experience slower growth than previously anticipated, with the Confederation of British Industry (CBI) forecasting a mere 1.5% increase in 2025. The CBI forecasts British companies are set to encounter significant challenges in 2025 due to rising employment costs and potential tariffs on exports.
Nevertheless, according to The Times newspaper a survey by KPMG revealed that 92% of Britain’s small and medium-sized enterprises (SMEs) are optimistic about their growth in the coming year.
While the festive season is a time to switch off, catch up with your life and reflect it is also a time to start formulating planes for the coming year.
It is surely better to approach the new year with some optimism and an idea of the first things you need to tackle.
So what is at the top of your wish list for 2025?
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