To your line of business? GDP figures mean precisely nothing. A technical recession means nothing in and of itself, it's the ridiculous media reaction which damages spending on the high street as people tighten their belts on hearing shit like "triple dip" even though it basically makes no difference to their lives. If anything low growth is helpful in a sense that UK Gilts will remain very low yield and allow for interest rates to stay low on mortgages and loans.
Otherwise, GDP figures mean nothing, especially the preliminary estimates.
My thoughts precisely. Only three things affect my business directly: low interest rates (good), money in my customers pockets (so tax threshold rises are good), lack of serious competition (so low bank lending is good too). Infrastructure spending on anything between London and Manchester might help the economy, but mostly takes people way too far from my shop! Actually I guess there's a general benefit of recession if people are holidaying more here than overseas too.
Very. At least mine are. Commonly cheaper than eBay and usually cheaper than UK wholesale prices (so I've supplied a number of shops at my retail prices for example). It's a good business at the moment, as people can make their own fantastic jewellery at a fraction of the price of buying it ready-made, and many of my customers including a precocious and talented 12-year-old make for resale where there's a booming market (and almost always I suggest they crank their prices up)
That's super cool!
What's it for, radio, TV, web article etc?
Radio. So I'm doing it by telephone - beats having to travel to Bristol (which I wouldn't do anyway, as I'd have to shut the shop, and that's
definitely not good for business!).
It was kind of an embarrassing start to the conversation actually, as they kicked off by saying they were so pleased with my contribution to their Budget programme (which actually they'd forgotten to phone me about so I never did contribute, so they have no idea what I am like).
But they have said they'll come down to the shop later in the month with a view to doing a feature - hey, I'm pretty persuasive to cold callers - and when they do I shall
sell them some beads!
