It showed that business confidence was declining (even though it was carried out before the news started to turn really bleak) but Wandsworth was generally feeling more confident than businesses elsewhere in London and the country. There was also good news that the council’s business support services are generally highly regarded.
What astounded me, however, is that the Labour Party really do seem to have fallen for the spin that Gordon Brown is some sort of world leader stirring everyone through a financial crisis. They applaud his VAT cut, but fail to notice that shops are having to have 10%, 20% and even 50% sales just to get them through Christmas!
On a day he said he’d saved the world (and while we all make slips of the tongue, they often reveal what we are really thinking) we also had the German finance minister calling Brown’s plans, “crass” and saying they would take a generation to pay off. It seems Brown is a world leader with no followers.
In the midst of this it’s down to Wandsworth to try and make things as good as we can for businesses in the borough, while no-one should be under any illusion times will be easy for business, hopefully we will be able to avoid the worst of it.