Latest News from TMA (UK)
15 May 2012 | Small Businesses are the Solution
It seems that growth is eluding our country at the moment, and also many businesses. Just a couple of weeks ago we were told we were back in recession – in a double dip! The media went wild with stories of doom and gloom, and made an excellent job of making us all feel bad again.
This is all about meaningless statistics. The official definition of a recession is two consecutive quarters of negative growth, however the reality is if we are not growing we are in the doldrums.