The real mystery is how the UK economy has managed to do so well in the recent past given the performance of our neighbours. The general consensus is that this momentum will not continue and that growth will slow next year. The risk is that growth slows more quickly than expected and that we find ourselves in a similar position to the rest of Europe as inflation continues to decline.
Of course, it seems absurd to many that the world is concerned about Chinese growth slowing from 7% to 10%. But most countries in Europe would kill to achieve any growth at all at this point. The UK seems to be the exception in Europe with the IMF predicting that UK growth will be 3.2% in 2014, falling to 2.7 % in 2015.
Globalisation has rendered us increasingly inter-dependent with massive opportunities and also risks/challenges as a result. Driven by technological advances from transport, to communications, and electronic networks, globalisation has delivered important advancements in terms of movement and exchange of people, ideas, values, resources, commodities and finance.
"I think we're taught in the system that failure is something that you should be ashamed of. Failure is for the dumb kids. You get an 'F'. You get a 'D'. You didn't comply. You didn't create the evidence of your worthiness," he says. Eckō probably didn't realize it, but he was indirectly referencing the work of mindfulness researchers.
Today, two of the major UK business organisations delivered more good news on the economy. The Confederation of British Industry (CBI) announced the best UK growth figures in May since 2003, and the British Chamber of Commerce (BCC) upgraded its forecast to 3.1 per cent for 2014, the highest rate since the 2007 crisis...
Increased spending, confidence and confidence in the future all bodes well for the future. But let's not get too excited. It is clear that beneath these headlines, many consumers are still struggling. For instance, positivity over prospects for future personal finances varies significantly across the UK. Londoners and people in the West Midlands are much more likely to feel positive about their future finances than those in the North West or in Wales.... Our data shows men are more likely than women to be feeling positive about their financial situation...
Firstly, congratulations on making it this far, what with your little sister hurling a metal bin at your head when you mocked her dolls and your even littler brother spending most of his time crawling about at the bottom of stairs, meaning that you've tripped over him and smashed your head on the marble floor more often than advisable.
According to a new book written by Andrew McAfee and Erik Brynjolfssen entitled 'The Second Machine Age', we have witnessed two major technological shifts in our history. The first began towards the end of the 19th century, where machines replaced and multiplied the physical work of humans and animals.
It looks increasingly likely that the UK economy has now entered into a period of sustained recovery, following the deepest peacetime recession in the last 100 years. But as the seventh edition of Cities Outlook shows, this recovery is far from balanced, and our cities need more control if they are to fulfill their potential.
Make your goals for change personal, unique and measurable. Without a time frame your goal remains a wish and will never be realised. Your change comes sooner when it's quantifiable where you can monitor and adjust it until you reach the mark. Put a number to it, add an action plan and work from the end backwards.
At the beginning of this year, with the UK economy stuck in stagnation and seemingly no end in sight to the Coalition government's controversial austerity programme, the chances of a Conservative majority after the 2015 general election looked slim. Fast forward, and a fundamentally altered story emerges.