2008 bfd

New findings reveal that many county bosses are feeling far less optimistic than they were three months ago.
But the latest quarterly business opinion survey from the Institute of Directors is not all doom and gloom.
It claims that some firms are planning investments and also aiming to take on more workers.
The survey has highlighted two worrying trends for the Chancellor and the Bank of England - which has just left interest rates on hold at five per cent.
These are a sharp fall in business optimism and a rise in inflationary pressures.
Institute Lincolnshire branch chairman James Pinchbeck (pictured) said: “The survey doesn’t say head for the lifeboats, but it does say remember where they are.
“The sharp fall in overall business optimism is very worrying and points towards a hard landing.
“Thankfully, other results suggest we can still achieve a soft landing over the 2008-09 period.”

thisislincolnshire.co.uk


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