Strength of UK corporates

UK CORPORATES

The UK corporate sector entered the recession in the strongest financial position ever and this has the capacity to dramatically change the state of the recovery

So the bickering and duplicity is over, and we finally have a government. Irrespective of your political hue, one has to feel the whole process has been intriguing, and at times utterly compelling. Images of Gordon Brown’s final departure from Downing Street, or Adam Boulton “losing it” with Alastair Campbell will endure for a while yet. But for all the freshness of the new political landscape we seem to be entering, the issues facing the government are depressingly familiar to even the most modest student of economic history. Again we emerge from a recession with an over-indebted consum...