AS GOVERNMENTS run hard to keep pace with events, it is perhaps salutary to try and stand back and see if our experience of previous financial challenges offers any lessons that Britain must heed in the face of the credit crunch and the economic slowdown it faces today.
THERE is a real danger that we could talk ourselves into a recession. News bulletins inflamed by injudicious announcements and scaremongering emanating from certain quarters of the business community risk exaggerating the economic difficulties we are now encountering.
THE CBI's latest annual survey shows that staff absence rates are costing the UK economy some £13.2 billion a year and, as usual, the laggards are to be found in the public sector where the gap with private industry has hit a new high.
QUITE a lot has been written recently, and in this column in particular, about the burden of corporate taxation and its effect on company decision-making.