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Majority of managers think Brexit uncertainty will affect UK economy


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Old 28-12-2016, 08:09
tahiti
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A majority of managers in the UK believe Brexit-related uncertainty will hold back economic growth next year and almost half think leaving the (EU) will be a drag in the long term, according to a survey.

The 2017 outlook from the Chartered Management Institute (CMI) paints a relatively downbeat picture of the UK economy, but managers appear optimistic about their own organisations’ ability to thrive despite worries surrounding Britain’s exit from the European Union and the global climate as Donald Trump takes over the US presidency.

In a survey of 1,118 managers, the CMI found 65% were pessimistic about the UK’s economic outlook for the next 12-18 months. Their caution over 2017 followed what appeared to be a tough year for many organisations, when only 39% said they had grown, the lowest proportion since 2012 when the shockwaves from the eurozone debt crisis hit the UK economy. A further 39% said business levels had stayed roughly the same in 2016 and 22% said their business had declined.

Asked about the impact of Brexit on economic growth in the next three to five years, 49% thought it would be negative. But a sizeable 37% believed leaving the EU would have a positive impact on the UK economy and 14% said it would have no impact.

The findings follow signs that businesses are becoming more nervous about hiring and investing as Brexit negotiations approach. Companies and individuals have also become more concerned about costs because the pound’s sharp fall since the referendum has made imports such as fuel and food ingredients to the UK more expensive.
https://www.theguardian.com/business...ect-uk-economy
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Old 28-12-2016, 08:12
voteout
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They must all be anti-British. Turf them out, that'll learn em.
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Old 28-12-2016, 08:48
MTUK1
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Are these the same managers that told us giant radioactive sewer rats would appear and kill us all when we didn't join the Euro?
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Old 28-12-2016, 09:06
roger_50
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I see it's tahiti's regular Guardian copy&paste thread, where he makes no point himself.

I wonder if he actually has an opinion of his own? Or are they all second hand?
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Old 28-12-2016, 16:38
Aurora13
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They must all be anti-British. Turf them out, that'll learn em.
Well Brexit relies on remain supporting business folk to make it a success. Pensioners sitting at home dreaming of a brighter future ain't going to make any difference to our country.
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Old 28-12-2016, 17:29
The infidel
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Tattoo parlours and doing a roaring trade in 'EU 4 ever' knuckle and forehead tatts thanks to the large number of remainers wanting to express their preference for rule by Germany.
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Old 28-12-2016, 18:38
MargMck
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I see it's tahiti's regular Guardian copy&paste thread, where he makes no point himself.

I wonder if he actually has an opinion of his own? Or are they all second hand?
Like the Guardian, the OP has attempted to bury some significant findings of the survey, simply to serve the relentless hunt to find 'bad news' and create a smokescreen.
For instance, what about these bits?

"Asked about the impact of Brexit on economic growth in the next three to five years, 49% thought it would be negative. But a sizeable 37% believed leaving the EU would have a positive impact on the UK economy and 14% said it would have no impact."
So, 51% of business managers surveyed believe Brexit will have a positive or 'no impact' effect on the British economy.

'But the CMI poll, conducted in November and published on Wednesday, also showed a majority of managers, 57%, were confident about their organisations’ own prospects in the year ahead. Just 25% said they felt pessimistic. Managers in the private sector were more optimistic than those in the public and charity sectors.'
So what we have here is that, while worrying generally about business prospects, a majority feel positively about those of their own organisation.

Two things -
1. Clearly where there are concerns, many of these relate to worldwide issues, not Brexit.
2. A loud pessimistic clamour elsewhere leads managers to be concerned about business overall, even when they are confident about their own.
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Old 28-12-2016, 19:07
SULLA
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Why don't people with negative views just shut up
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Old 28-12-2016, 19:47
zelda fan
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Why don't people with negative views just shut up
Stop trying to silence those you don't agree with, all are allowed to post on here as long as no rules are broken.
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Old 28-12-2016, 20:08
SULLA
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Stop trying to silence those you don't agree with, all are allowed to post on here as long as no rules are broken.
I was not talking about DS posters. I was referring to those in the public eye who continually talk this country down.
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Old 28-12-2016, 20:30
zelda fan
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I was not talking about DS posters. I was referring to those in the public eye who continually talk this country down.
Oh i am sorry, i have obviously misunderstood your post. I always see people telling other people to basically go away and shut up if they don't agree with them, it annoys me greatly and i thought you were doing the same.
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Old 28-12-2016, 21:49
Peter the Great
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Oh i am sorry, i have obviously misunderstood your post. I always see people telling other people to basically go away and shut up if they don't agree with them, it annoys me greatly and i thought you were doing the same.
Well they are doing the same. They are just reserving it to those in the public eye who ever they are?
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Old 28-12-2016, 22:25
SULLA
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Oh i am sorry, i have obviously misunderstood your post. I always see people telling other people to basically go away and shut up if they don't agree with them, it annoys me greatly and i thought you were doing the same.
Thanks. Give my regards to Zelda
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Old 28-12-2016, 22:44
jaycee331
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Lol "managers".

Through 30 years of corporate life in FTSE 100 companies I have determined that 8 out of 10 managers are brutally incompetent and not fit to hold their positions.

In my estimations 50% got the positions through brown nosing, 10% got promoted "out of the way" whom never hold the same position for more than a year, 10% just because they bitched and moaned about wanting a progression long enough (rather than merit), 10% recruited internally as the best of a bad bunch of applicants, and the remaining 20% actually earned their role through raw talent and leadership qualities.

Their opinions are worthless to me. I'd respect the opinion of a taxi driver more than the average "manager" in this country.
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Old 29-12-2016, 15:13
worzil
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They must all be anti-British. Turf them out, that'll learn em.
Most of these people we could all do without.
They are middle men that make their money by selling god made outside the uk.
We could all help the economy by wherever possible by British.
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Old 29-12-2016, 15:19
batdude_uk1
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Majority of managers?

Was Bob Bradley asked before he got sacked??

I wonder does José agree with this?
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Old 29-12-2016, 15:28
jmclaugh
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And in ano survey a majority of non-managers thought managers were a waste of space.
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Old 29-12-2016, 15:41
niceguy1966
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Managers appear to be today's experts.

When will the inexperienced and unqualified rise and start running the country? Except they'd soon consider themselves experts and managers, and would have to overthrow themselves the next day.

Welcome to UK 2017, based on Cambodia's Year Zero.
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Old 29-12-2016, 15:41
David_Flett1
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I see it's tahiti's regular Guardian copy&paste thread, where he makes no point himself.

I wonder if he actually has an opinion of his own? Or are they all second hand?
Possibly shares them with The Engineer first.
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Old 29-12-2016, 16:03
Mark_Jones9
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Managers appear to be today's experts.

When will the inexperienced and unqualified rise and start running the country? Except they'd soon consider themselves experts and managers, and would have to overthrow themselves the next day.

Welcome to UK 2017, based on Cambodia's Year Zero.
To quote you on another current thread
What a nasty comment.
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Old 29-12-2016, 17:14
batdude_uk1
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Managers appear to be today's experts.

When will the inexperienced and unqualified rise and start running the country? Except they'd soon consider themselves experts and managers, and would have to overthrow themselves the next day.

Welcome to UK 2017, based on Cambodia's Year Zero.
Well mangers are experts, especially José Mourinho, he knows what he is doing, that much is for sure.
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