Editor's Comment: Brace yourself for the Budget
Gross domestic product figures were revised upwards to 0.3% growth for the first quarter, suggesting that the UK is on its way back to steady growth. Yet, despite politicians sorting out a coalition government in fast-forward compared to many of our European peers, there are many uncertainties for business managers as they look into the future.
The cuts announced by Chancellor George Osborne are the start of many, inflation appears on the high side, the eurozone debt crisis has still to be resolved and there are doubts over the sustainability of the rapid rise in property prices in China. The economy is still heavily reliant on confidence in the banking system and the uptake of loans, while if there is another crisis such as in Greece then borrowing costs could rise further and appetite for debt could dwindle.
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