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Old 21st Sep 2001, 17:59
  #52 (permalink)  
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Join Date: Feb 1999
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Unhappy

I can assure you, Scroggs, that the world economy is not in good shape. Some industries are in a terrible way. The one I work in has lost an estimated 400,000 people within the last 6 months. My own partner has been made redundant from a 400 person company where 40% of the staff were let go. A huge number of companies have gone under.

Finding new business is as hard as ever, and extremely tough, margins are down, revenues are down, and so are all the forecasts - certainly for all the companies in my industry.

Travel is mostly reserved for essential business trips. These are not isolated across a few companies, but across a broad range. It was bad before 11th September.

Sure it will pick up in the future, but who knows when - none of us do, that's for sure.
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